COMD - Is it worth to buy at this level?

Jana · 1 COMD - Is it worth to buy at this level? Tue Jul 19, 2011 10:33 pm

Jana

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COMD start to move again.. any thing special reason???? will move further up again?? Today its went up to 113/= .. when we look its not fake movement.. more than 26500 shares traded today... it is also very illiquid stock .. not more much sellers are not there .. so it is possible to move quick.. will see...
Any comments guys

Jana · 2 Re: COMD - Is it worth to buy at this level? Tue Jul 19, 2011 10:37 pm

Jana

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Hi guys!

Could you please tell me P/E ratio for the COMD ???

Tiger · 3 Re: COMD - Is it worth to buy at this level? Wed Jul 20, 2011 12:21 am

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@ 105 MPS = PE stands at 18.5 based on historical earnings, if they have found some sort of Gold it should move up further otherwise I dont see any reason why it should go up. I feel that this is been manipulated, so if you are smart enough (love to get manipulated) you will be able to earn some quick bucks.

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

Jana · 4 Re: COMD - Is it worth to buy at this level? Wed Jul 20, 2011 12:51 am

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Tiger wrote: if they have found some sort of Gold it should move up further otherwise I dont see any reason why it should go up.

What is mean that ....?? Surprised

Tiger · 5 Re: COMD - Is it worth to buy at this level? Wed Jul 20, 2011 1:17 am

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Why do you think COMD deserves PE of 18+?
There business is renting out property to COMB which is at a fixed rent, also even if they revalue their property its not going to change fundermental value of the investment, it will be mere of reflection in books. If the business doesn't have real value creation to support share price, share will come down after it looses its steam. So when investors chase such shares there is a short term potential to earn but exit after you make money, don't keep for too long or exposure high.

If you interested in this counter check out some of the other similar counters in the same sector, probably that may be also interest you.

I had COMD in my PF and has already exit @ 135/- and didn't enter again.

Fresher · 6 Re: COMD - Is it worth to buy at this level? Wed Jul 20, 2011 7:48 am

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Well, i did not know about the company until some time back where there seemed to be a game going on. SO with my little portion which I kep aside for those high risk trades i entered in small amount a while back and have been monitoring the trades for some days.
I think it is the 2nd largest S/G (cos the sell order initially was for more than 47,000 shares) was desperately trying to sell his shares.
When price moved up, he moved the asked up and vice versa. He could have sold at 145+ hjad he wanted to instead hi order came even to 120s.
Unless the few buy orders we saw of 5k, 2k, 3k below the ask price were fake, he was trying to do something fishy

Even though he is 2nd, he only held 0.44% and is not large in the overall context. Still the share is illiquid and is showing signs to break three. (Once it almost did)
So, i am purely taking the risk and bought some and did not look at the fundamentals.

SAGA · 7 Re: COMD - Is it worth to buy at this level? Wed Jul 20, 2011 9:41 am

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Yes npp.Here in CSE we should take some risks.the truth oof the matter fact is that these days CSE is not moving on fundamentals and most of the shares run on manipulation.worth to take a risk

windi5 · 8 COMD- Is it worth to buy at this level? Sun Jul 31, 2011 1:00 pm

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Hey guys and gals what do you think about this share. 19.46 % progress over the last year,2010. NASP stands at 59.62. More illiquid share,moving between 100-150. Commercial Bank of Ceylon Plc being the main share holder, 94.55%.

windi5 · 9 Re: COMD - Is it worth to buy at this level? Sun Jul 31, 2011 1:36 pm

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I had COMD in my PF and has already exit @ 135/- and didn't enter again.[/quote]

Ha ha you have tested that. So tell us whether you made a profit or a loss??. Fundamentalists have been stuck at the CSE, we have take risks as well if we wanna some good cash. Very Happy

lbnnirmal · 10 Re: COMD - Is it worth to buy at this level? Mon Aug 01, 2011 4:58 am

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Last Friday it closed @ 101/=
it opened @ 95/=

Is there any spcl reason to this movement ???

Last edited by lbnnirmal on Mon Aug 01, 2011 7:50 am; edited 1 time in total

windi5 · 11 Re: COMD - Is it worth to buy at this level? Mon Aug 01, 2011 7:17 am

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Open price was Rs.95
Closing price was Rs.101.30

lbnnirmal · 12 Re: COMD - Is it worth to buy at this level? Mon Aug 01, 2011 7:51 am

lbnnirmal

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windi5 wrote:Open price was Rs.95
Closing price was Rs.101.30

Thnx machan I updated that.

windi5 · 13 Re: COMD - Is it worth to buy at this level? Mon Aug 01, 2011 8:27 am

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hey what do you think about cabo at this price I love you

Tiger · 14 Re: COMD - Is it worth to buy at this level? Mon Aug 01, 2011 11:14 am

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windi5 wrote:I had COMD in my PF and has already exit @ 135/- and didn't enter again.

Ha ha you have tested that. So tell us whether you made a profit or a loss??. Fundamentalists have been stuck at the CSE, we have take risks as well if we wanna some good cash. Very Happy

[/quote]

Hi Windi5
In fact I collected COMD at 45/- range and disposed at 135/-.