What is happening to PCH!

m2_yapa · 1 What is happening to PCH! Mon Jul 11, 2011 11:41 am

m2_yapa

Senior Manager - Equity Analytics

Posts : 432
Equity Stars : 5300
Reputation : 30
Join date : 2011-06-01
Location : Colombo

http://forum.srilankaequity.com/t5276-what-will-be-the-next-manipulating-share

What do you think about PCH it is trading at 16.50 today...its mega rally is sooner i feel and it will touch 16 and bounce..what is you feel?

invest-abc · 2 Re: What is happening to PCH! Mon Jul 11, 2011 12:26 pm

invest-abc

Manager - Equity Analytics

Posts : 283
Equity Stars : 5247
Reputation : 35
Join date : 2011-01-31
Location : Colombo

m2_yapa wrote:http://forum.srilankaequity.com/t5276-what-will-be-the-next-manipulating-share

What do you think about PCH it is trading at 16.50 today...its mega rally is sooner i feel and it will touch 16 and bounce..what is you feel?

All the fundamentally strong shares are continuously going down...why do you feel only PCH will have a mega rally.

Tiger · 3 Re: What is happening to PCH! Mon Jul 11, 2011 12:33 pm

Tiger

Assistant Vice President - Equity Analytics

Posts : 700
Equity Stars : 5539
Reputation : 85
Join date : 2011-06-03
Location : Dubai

I am extremely bearish on PCH.

This is my personal opinion please obtain professional advice before making your investment decision.

hunter · 4 Re: What is happening to PCH! Mon Jul 11, 2011 12:43 pm

hunter

Moderator

Posts : 786
Equity Stars : 6949
Reputation : 114
Join date : 2011-04-27

In my view, PCH may have a strong support level around 16.
However, my present fair valuation is Rs 11~11.50.

m2_yapa · 5 Re: What is happening to PCH! Mon Jul 11, 2011 10:53 pm

m2_yapa

Senior Manager - Equity Analytics

Posts : 432
Equity Stars : 5300
Reputation : 30
Join date : 2011-06-01
Location : Colombo

@ Hunter
Wish you good hunt? I hope you like buying at IPO level...but view is it is gone....You could have buy when is was trading at 9 even below IPO range...i have hidden 20,000@9 as a long term investment