the ones bought @ 38-39
had some pethi this morning and got little bit crazy...!
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SHARK wrote:Hi Dileepa
Seeing you after some time..... You are a Good Picker of Longterm Shares .....
Your thoughts on LIOC as a longterm winner .....
Thanks
SHARK
L Board - ATR is the avg true range for a given period. basically the movement. also directional movement index if its above 20 at standard setting also good. but dont rely heavily on any indicators.L BOARD wrote:Dear shark
I watched your LLUB and ASI u tube clips. For me it has given better vision.
I am on lioc from 42.3
can you kindly enlighten me on ATR and how do you set price targets ex : 47 55 then 80 and finally 100+. Is via Ta or any other mechanism.
Last edited by Pethi on Thu Sep 04, 2014 12:02 pm; edited 1 time in total
SHARK wrote:Pethi you can wait again for XD date and buy if you feel there is a trend continuation
You deserve in the Top List ......In My Heart .....Pethi wrote:SHARK wrote:Pethi you can wait again for XD date and buy if you feel there is a trend continuation
Hi sharky
of course, there is no obstruction. I can buy back again.
The profit goes to charity work (specially to a temple- aranya senasana)
how good is that? money is not the life.
The rest for the family....!
good luck guys.. may you all gain good profits... see you in couple of days time.
SHARK wrote:You deserve in the Top List ......In My Heart .....Pethi wrote:SHARK wrote:Pethi you can wait again for XD date and buy if you feel there is a trend continuation
Hi sharky
of course, there is no obstruction. I can buy back again.
The profit goes to charity work (specially to a temple- aranya senasana)
how good is that? money is not the life.
The rest for the family....!
good luck guys.. may you all gain good profits... see you in couple of days time.
Sstar wrote:I exited from LIOC share few years ago at Rs 49 after the IPO and since then haven't bought recently. Share never picked up during previous bull run, but it picked up during current bull. I am skeptical about their future growth due to transfer pricing. Most Indian companies exited from Market at a profit and I wonder what their long term strategy. This is a strategic asset to India which has a strategic value, so they wil run it irrespective of the profits or loss.
LIOC Profitability is temporary to me. Because the owners of IOC know that moment they show a big profit from LIOC, government of Sri Lanka is going ask LIOC to reduce fuel prices. Elections are around the corner so, you better be prepared for a surprise.
So you became part of LIOC communitySstar wrote:Sstar wrote:I exited from LIOC share few years ago at Rs 49 after the IPO and since then haven't bought recently. Share never picked up during previous bull run, but it picked up during current bull. I am skeptical about their future growth due to transfer pricing. Most Indian companies exited from Market at a profit and I wonder what their long term strategy. This is a strategic asset to India which has a strategic value, so they wil run it irrespective of the profits or loss.
LIOC Profitability is temporary to me. Because the owners of IOC know that moment they show a big profit from LIOC, government of Sri Lanka is going ask LIOC to reduce fuel prices. Elections are around the corner so, you better be prepared for a surprise.
With all these comments I made few weeks ago, I finally decided to buy LIOC!!
SHARK wrote:Can we close around 1.50 above 45Rs or around 47.50 to be straight forward so on XD it will hold 45 or 44
That way my avg holding cost would be below Market price
44-41shadow walker wrote:7 days more.... i think LIOC could reach to 47-50 levels.. after the XD dates fall back to 44-47.. and thats the collection time...
SHARK wrote:44-41shadow walker wrote:7 days more.... i think LIOC could reach to 47-50 levels.. after the XD dates fall back to 44-47.. and thats the collection time...
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