INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

Jana wrote:

sureshot wrote:Dr.Senthil Vel  may any time dump his stake .
His profit is  more than 100% now .
Same happen to PAP.
Be careful....

what happened to PAP? PAP sold to another party not dump in the market PAP will move with other power and energy,  POWER and ENERGY are SLEEPING GIANT

ASPH is listed under Materials ..like CIC, LALU , ALUM , TKYO , UCAR , GLAS..ETC

but I don't recommend ASPH in this price to buy but support to PAP.

Kanishka_2020 wrote:By looking at the volume it traded today I feel something is going on here.

634,934,371 traded today.

@1.20 level - 344,909,756 volume traded.

Do your own analysis for BSH.

subash81 wrote:

Jana wrote:

sureshot wrote:Dr.Senthil Vel  may any time dump his stake .
His profit is  more than 100% now .
Same happen to PAP.
Be careful....

what happened to PAP? PAP sold to another party not dump in the market PAP will move with other power and energy,  POWER and ENERGY are SLEEPING GIANT

ASPH is listed under Materials ..like CIC, LALU , ALUM , TKYO , UCAR , GLAS..ETC

but I don't recommend ASPH in this price to buy but support to PAP.

It went from 0.20 to 0.90 

Any reason for that

Rational Investor wrote:A falling knife.

pra4u wrote:

Rational Investor wrote:A falling knife.

Bubble is over those who bought at 

.50 cents to 1.50 range are going to get loss

ADVENTUS wrote:

pra4u wrote:

Rational Investor wrote:A falling knife.

Bubble is over those who bought at 

.50 cents to 1.50 range are going to get loss

People are still collecting?

suku502 wrote:

RJ1010 wrote:

cselearner wrote:Dear Experts, 
What you opinion  for INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000), financial performance in future. 
As per the Budget 2021, there will by strong demand for asphalt  for the Road development projects. 
Since ASPH produces   SEALKOTE  (BITUMEN EMULSIONS AND CUTBACKS) . May be this share will be benefit in coming budget and development project ??

Don’t even touch this garbage. There was a major share split and rights issue this year. Now it’s a very high risk share.

i too agree with u , this is a high risk share .
after split ASPH Avg. cost is 0.07cents. but in the mkt it should be trade .10 cents since there is no .07 or .08 . look at the share holding composition , it will give the answer . before the split , the price went without any concrete reason (to around 400 +). ??? is why CSE/ Sec not inquire the these type of splits , actually there is hidden game. there may be capital gain but new comers should learn with past experience . for me this share not worth .05 rs. be careful .

pra4u wrote:

ADVENTUS wrote:

pra4u wrote:

Rational Investor wrote:A falling knife.

Bubble is over those who bought at 

.50 cents to 1.50 range are going to get loss

People are still collecting?

then there may be something
but high Risk
High Return

RJ1010 wrote:Major swings on this share... buyers disappearing  and wholesale selling... quick exit advisable

MarketGema wrote:According to the FT Report


Year on year Industrial Asphalts (Ceylon) PLC grew revenues 166.06% from 151.25m to 402.43m while net income improved 1,025.06% from 15.78m to 177.52m.

Jana wrote:

sureshot wrote:Dr.Senthil Vel  may any time dump his stake .
His profit is  more than 100% now .
Same happen to PAP.
Be careful....

what happened to PAP? PAP sold to another party not dump in the market PAP will move with other power and energy,  POWER and ENERGY are SLEEPING GIANT

ASPH is listed under Materials ..like CIC, LALU , ALUM , TKYO , UCAR , GLAS..ETC

but I don't recommend ASPH in this price to buy but support to PAP.

MarketGema wrote:According to the FT Report


Year on year Industrial Asphalts (Ceylon) PLC grew revenues 166.06% from 151.25m to 402.43m while net income improved 1,025.06% from 15.78m to 177.52m.

earlier i positive with past price level. now too much higher. be safe. i prevent such shares. see my comment 25 sep. 2020. any times, it will reverse. be careful.

RJ1010 wrote:Share price is not supported by financials. It’s heavily over valued now. Please read some other threads about ASPH on this forum for more details.
If you like to earn money by buying crap you should also be prepared to stink when you hold it. Please invest in more fundamentally valuable undervalued companies for the highest gain with minimum risk. CSE is not the best place for gambling if you are not experienced.

Equityinvestor wrote:

RJ1010 wrote:Share price is not supported by financials. It’s heavily over valued now. Please read some other threads about ASPH on this forum for more details.
If you like to earn money by buying crap you should also be prepared to stink when you hold it. Please invest in more fundamentally valuable undervalued companies for the highest gain with minimum risk. CSE is not the best place for gambling if you are not experienced.

Ha ha...good one RJJ