BLUE N - BLUEX - Collection

Think9 · 21 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 12:44 pm

Think9

Senior Manager - Equity Analytics

Posts : 449
Join date : 2011-06-09

[quote] Nothing will happen might end like EGM [quote]

please explain the reason y u sayin like this ??

Tenn · 22 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 3:07 pm

Tenn

Senior Equity Analytic

Posts : 50
Join date : 2011-03-23

It looks like some party is collecting; they are trying to collect low of course, by the 7th Oct this may touch around Rs2.60- Rs3.00 or lower. (At the rate this is going douwn) (May go up or down after the 7th) if buying you should have sufficient resources to average and sell, and buy back and average and sell. Being doing that for some time now. So far so good. Smile

I have never done this before, but here I will tell you, There is some news about BFL in coming 3 to 4 weeks, nothing conformed I have only heard from a reliable source. So guys please do your studies and let me know. I don't recommend for you to buy BFL or BLUE. Thanks
scratch

peresanjeewa@gmail.com · 23 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 8:54 pm

peresanjeewa@gmail.com

Senior Equity Analytic

Posts : 97
Join date : 2011-07-19

@Tenn wrote:It looks like some party is collecting; they are trying to collect low of course, by the 7th Oct this may touch around Rs2.60- Rs3.00 or lower. (At the rate this is going douwn) (May go up or down after the 7th) if buying you should have sufficient resources to average and sell, and buy back and average and sell. Being doing that for some time now. So far so good.
I have never done this before, but here I will tell you, There is some news about BFL in coming 3 to 4 weeks, nothing conformed I have only heard from a reliable source. So guys please do your studies and let me know. I don't recommend for you to buy BFL or BLUE. Thanks

it will not go down to 2.60. check tomorrow market . it moves like a spiral . keep them
wait till 7th.

windi5 · 24 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 9:45 pm

windi5

Moderator

Posts : 1549
Join date : 2011-05-21

[quote="Think9"][quote] Nothing will happen might end like EGM

please explain the reason y u sayin like this ??

Made a big sound but nothing happened at EGM,what is the miracle we can expect from AGM. ppl predicted N would pass even Rs.15 after 15th.

smallville · 25 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 11:03 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Join date : 2011-02-03

My charts and trend lines say otherwise for BLUE.N.. Look at the price break-outs every-time it breaks from the trend-line..

BLUE N - BLUEX - Collection - Page 2 Blue_n10

BLUE N - BLUEX - Collection - Page 2 Blue_n10

Now promoters can start giving me - reps Wink

Tenn · 26 Re: BLUE N - BLUEX - Collection Fri Sep 23, 2011 3:00 am

Tenn

Senior Equity Analytic

Posts : 50
Equity Stars : 3709
Reputation : 9
Join date : 2011-03-23

I was referring to BLUE.X in my previous post.

Think9 · 27 Re: BLUE N - BLUEX - Collection Sat Sep 24, 2011 11:40 pm

Think9

Senior Manager - Equity Analytics

Posts : 449
Equity Stars : 4165
Reputation : 63
Join date : 2011-06-09
Location : cmb

@smallville : wel...loookin at ur graph.. hmmmmm.. cant we take 8.5 as the supportive level of Blue. ??

wel.. the EGM ( or AGM ) also coming up next month so this may b the lowest point.. i dnt know.. im just assuming.. wats ur say ?

peresanjeewa@gmail.com · 28 Re: BLUE N - BLUEX - Collection Sun Sep 25, 2011 6:54 am

peresanjeewa@gmail.com

Senior Equity Analytic

Posts : 97
Equity Stars : 3640
Reputation : 4
Join date : 2011-07-19

@Think9 wrote:@smallville : wel...loookin at ur graph.. hmmmmm.. cant we take 8.5 as the supportive level of Blue. ??

wel.. the EGM ( or AGM ) also coming up next month so this may b the lowest point.. i dnt know.. im just assuming.. wats ur say ?

i was also thinking of it. B cos there are enough buyers who bought over 12. please comment.

smallville · 29 Re: BLUE N - BLUEX - Collection Sun Sep 25, 2011 8:01 am

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 8941
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

@Think9 wrote:@smallville : wel...loookin at ur graph.. hmmmmm.. cant we take 8.5 as the supportive level of Blue. ??

wel.. the EGM ( or AGM ) also coming up next month so this may b the lowest point.. i dnt know.. im just assuming.. wats ur say ?

8.5 is bollinger lowest level and it already broke the 8.7 support, we can even expect a bounce if it hits 8.5 and then go a little more too..cuz historically there's not much evidence BLUE.N penetrated bollinger lower band and went down in large scale. Since February 2011 only 3 intances found it went down below this line. Recent 2 was in mid July..
So we can assume it can turn at 8.5 but the lowest point I think would be 7.8.

However we must understand market was made to run on a force sell attempt so we should not be astonished if this hits 7.10 even as we have 5 more days to go for 1st credit clearence deadline.

Refer the latest chart;
BLUE N - BLUEX - Collection - Page 2 Blue_n11

BLUE N - BLUEX - Collection - Page 2 Blue_n11

Think9 · 30 Re: BLUE N - BLUEX - Collection Sun Sep 25, 2011 2:16 pm

Think9

Senior Manager - Equity Analytics

Posts : 449
Equity Stars : 4165
Reputation : 63
Join date : 2011-06-09
Location : cmb

i dnt think its gonna b 5 days.. probably next week we will see bulls gonna collect stocks at these bargain levels.. and even brokers generally wont b waitin till the last moment to clear and im sure they ve done thier job 80%. This happened in Dec 2010 too.. 26th dec onwards mkt started to turn green though the C.C day was 31st dec..

look at the RSI.. it has gone to 35.( which was the lowest since april) so this mayb another indication..

im gonna try few at 8.5 - 8.7 . will see.. if it starts to drop will sell with a 5% loss.

smallville · 31 Re: BLUE N - BLUEX - Collection Sun Sep 25, 2011 6:52 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 8941
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

@Think9 wrote:i dnt think its gonna b 5 days.. probably next week we will see bulls gonna collect stocks at these bargain levels.. and even brokers generally wont b waitin till the last moment to clear and im sure they ve done thier job 80%. This happened in Dec 2010 too.. 26th dec onwards mkt started to turn green though the C.C day was 31st dec..

look at the RSI.. it has gone to 35.( which was the lowest since april) so this mayb another indication..

im gonna try few at 8.5 - 8.7 . will see.. if it starts to drop will sell with a 5% loss.

Hmm.. a calculated risk is always good.. I think it can bounce so its good to have a try at 8.5 anyways.. Wink

but be aware of the setback.. not a fundamentally strong stock..

Thushara · 32 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 11:44 am

Thushara

Senior Equity Analytic

Posts : 52
Equity Stars : 3750
Reputation : 7
Join date : 2011-02-08

IT seems to be BLUE start again.. What do u guys think?

Think9 · 33 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 11:57 am

Think9

Senior Manager - Equity Analytics

Posts : 449
Equity Stars : 4165
Reputation : 63
Join date : 2011-06-09
Location : cmb

only day tradin.. cant trust this share at all..

gajaman pro · 34 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 12:06 pm

gajaman pro

Manager - Equity Analytics

Posts : 120
Equity Stars : 3619
Reputation : 9
Join date : 2011-08-10

@Think9 wrote:

only day tradin.. cant trust this share at all..

well said, dear retailers protect yourselves. we dont like to see people crying and leeving the stock exchange cz the only thing what will happen is it will fall further if we try to do so. always analyse and do your own homework before making a decision.

kiwi · 35 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 12:30 pm

kiwi

Senior Equity Analytic

Posts : 88
Equity Stars : 3702
Reputation : 16
Join date : 2011-05-03
Location : Hobbiton, Middle Earth

Another director has been appointed to the Blue board, that makes it 10 directors...

http://www.cse.lk/cmt/uploadAnnounceFiles/7981317099371_663.pdf

It looks like the existing directors are building a "wall" to keep the invading BAT out.

It is shaping out to be a battle with the AGM on the 6th fast approaching. It will be most interesting to see how this plays out. I can't see BAT backing out.

Think9 · 36 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 12:41 pm

Think9

Senior Manager - Equity Analytics

Posts : 449
Equity Stars : 4165
Reputation : 63
Join date : 2011-06-09
Location : cmb

More the battles goes on.. harder they try to keep the share at a confident level..

Smile

but i hope BAT will get in.. it will b interestin..

kiwi · 37 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 1:22 pm

kiwi

Senior Equity Analytic

Posts : 88
Equity Stars : 3702
Reputation : 16
Join date : 2011-05-03
Location : Hobbiton, Middle Earth

@think9 BAT seems to have the numbers to roll the board. BLUE is one of those rare companies that has no dominant controlling shareholder. The public are in control as BAT and SLIC if they work together have just over 25%, that's by far and away the biggest single block. I guess that BAT would be looking to avoid getting to a 30% stake and the mandatory offer situation. The existing directors are not just going to raise the white flag. It would be very interesting to see where BAT/SLIC see the value in BLUE. The accounts paint a rather bleak picture, so I guess they see something that we can't see.

Thushara · 38 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 2:36 pm

Thushara

Senior Equity Analytic

Posts : 52
Equity Stars : 3750
Reputation : 7
Join date : 2011-02-08

@gajaman pro wrote:

@Think9 wrote:

only day tradin.. cant trust this share at all..

well said, dear retailers protect yourselves. we dont like to see people crying and leeving the stock exchange cz the only thing what will happen is it will fall further if we try to do so. always analyse and do your own homework before making a decision.

But my broker is still recommending and asking to hold this share. I am too confused now..

Tenn · 39 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 2:46 pm

Tenn

Senior Equity Analytic

Posts : 50
Equity Stars : 3709
Reputation : 9
Join date : 2011-03-23

I saw about 2mn odd support around 8.90 and suddenly it has moved to 8.50, I'm thinking somebody got out from his headache, around the price level, 9-9.30.
I may be wrong but with the sudden increase of price and the heavy support (Temporally) @8.90, I guess that’s what has happened.
BAT had big lot brought @7.30-7.40 level, I'm just saying anything is possible.

Thushara · 40 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 3:29 pm

Thushara

Senior Equity Analytic

Posts : 52
Equity Stars : 3750
Reputation : 7
Join date : 2011-02-08

BAT bought at 10Rs through ECL. Any body have idea about the ECL cost?

gajaman pro · 41 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 3:36 pm

gajaman pro

Manager - Equity Analytics

Posts : 120
Equity Stars : 3619
Reputation : 9
Join date : 2011-08-10

play day trades if you have analysed this stock well. dont hold on for a couple of days. its way too risky. anything can happen. this is cse.

Tenn · 42 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 3:52 pm

Tenn

Senior Equity Analytic

Posts : 50
Equity Stars : 3709
Reputation : 9
Join date : 2011-03-23

Correction, I'm sorry. BAT brought at 10 Rupees, my mistake.

Think9 · 43 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 4:04 pm

Think9

Senior Manager - Equity Analytics

Posts : 449
Equity Stars : 4165
Reputation : 63
Join date : 2011-06-09
Location : cmb

BAT bought at Rs.10 even ?? wow! thats somethin i was unaware of..

any idea abt the qty ? sry machan.. it just i didnt follow this much.

Thushara · 44 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 5:14 pm

Thushara

Senior Equity Analytic

Posts : 52
Equity Stars : 3750
Reputation : 7
Join date : 2011-02-08

@Think9 wrote:BAT bought at Rs.10 even ?? wow! thats somethin i was unaware of..

any idea abt the qty ? sry machan.. it just i didnt follow this much.

That is 11Mn Shares at 10 Rs per share. Any body hav idea about the ECL brought prices. Plz comment here.

Thushara · 45 Re: BLUE N - BLUEX - Collection Wed Sep 28, 2011 1:15 pm

Thushara

Senior Equity Analytic

Posts : 52
Equity Stars : 3750
Reputation : 7
Join date : 2011-02-08

Another 2Mn Buying order at 8.80. Who may be the collector?

Sponsored content

Latest topics

BLUE N - BLUEX - Collection

21 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 12:44 pm

Think9

22 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 3:07 pm

Tenn

23 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 8:54 pm

peresanjeewa@gmail.com

24 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 9:45 pm

windi5

25 Re: BLUE N - BLUEX - Collection Thu Sep 22, 2011 11:03 pm

smallville

26 Re: BLUE N - BLUEX - Collection Fri Sep 23, 2011 3:00 am

Tenn

27 Re: BLUE N - BLUEX - Collection Sat Sep 24, 2011 11:40 pm

Think9

28 Re: BLUE N - BLUEX - Collection Sun Sep 25, 2011 6:54 am

peresanjeewa@gmail.com

29 Re: BLUE N - BLUEX - Collection Sun Sep 25, 2011 8:01 am

smallville

30 Re: BLUE N - BLUEX - Collection Sun Sep 25, 2011 2:16 pm

Think9

31 Re: BLUE N - BLUEX - Collection Sun Sep 25, 2011 6:52 pm

smallville

32 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 11:44 am

Thushara

33 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 11:57 am

Think9

34 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 12:06 pm

gajaman pro

35 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 12:30 pm

kiwi

36 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 12:41 pm

Think9

37 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 1:22 pm

kiwi

38 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 2:36 pm

Thushara

39 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 2:46 pm

Tenn

40 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 3:29 pm

Thushara

41 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 3:36 pm

gajaman pro

42 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 3:52 pm

Tenn

43 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 4:04 pm

Think9

44 Re: BLUE N - BLUEX - Collection Tue Sep 27, 2011 5:14 pm

Thushara

45 Re: BLUE N - BLUEX - Collection Wed Sep 28, 2011 1:15 pm

Thushara

46 Re: BLUE N - BLUEX - Collection

Sponsored content