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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » ASPH - I need Help from Expert

ASPH - I need Help from Expert

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1ASPH - I need Help from Expert Empty ASPH - I need Help from Expert Thu Mar 10, 2011 10:13 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I am a small investor in this market long time. Still I couldn't make any acceptable profit. all the time very small margin or big loss. because the reason most of the time debt clearance hit my profit.

Anyway in this market lof of them making from illiquid stock. it will move double all the time ... So in this way I invest some money in ASPH now.

Everyday ASPH trend look like someone collecting in 500 level.. today also 3800 shares traded in 500/= level..

last few days more than 50000 shares collected by some one.. now very low amount of stock in this CDS ( I beleve)

So my question is Shall I keep this share or not? my average price Rs.503.60

is it possibel to sell more than 600/= or 700/=

Or can I sell those @ 515 or 525 level..

Advanced thanks for your advise guys...


2ASPH - I need Help from Expert Empty Re: ASPH - I need Help from Expert Thu Mar 10, 2011 10:33 pm

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Public holding is 36%. But one of the illiquid share in CSE.

Is it worth for 500/-. scratch

Last nine month proft --> Rs 1.25 million.
Nine month EPS --> 1.88
Forward annualized EPS (1.88/3 * 4) --> 2.50
PER --> 500/2.5 --> 200 Shocked

Net asset per share --> Rs 93.95

This share is trading at PER of 200. Now you can take a decision.

3ASPH - I need Help from Expert Empty ASPH- Fri Mar 11, 2011 1:39 am

advisor


Senior Equity Analytic
Senior Equity Analytic
Hi @JANA!

Ye I also feel Its posiible to go up.. If you can hold those. When I see the buying trend It should be go up atleast 600 to 700/= . in this market if anybody has the big buying power they can do somthing.

but Anyway This stock also depend on who collect those stock and he can push up or not ... otherwise it will stay in the same level.

Don't worry about the EPS , NAV ,like these charactors.. its not working in the market now..
you see LDEV was in the price band it released from ban 8th of MARCH then They announce 15:1 rights (what basis they announce this ) now they push up 20/= again .. then it fallen in PRICEBAND now.

WAPO just worth 20/= but its trading more than 1500/= today.. HUEJ nothing worth but it is in top 10 gainers list today. more than 50 stocks are over over over valued but still people push up buyers ready to buy..

The ASPH also 10th place in the illiquid stock... we never know.. what will happend in the market.

As Shan said ASPH very low volume stocks in the market . someone collect lot of ASPH shares from the market maybe another 1000 or 2000 in the market with trading level . all other stock dumped by long time investors.

" anyway I don't want to promote thsi stock but I don't want to tell you can reedoff this stock . wait and see ..may be you can get something. otherwise you can sell atleast your buying price level."

" Illiquid Stock " only the reason is enough to go up by 5 or 10 times.

Stock ==== shares held in CDS
WAPO==== 18483
CPRT==== 29533
KZOO==== 42969
SWAD==== 47675
EMER==== 67508
OFEQ==== 70667
PARA==== 81159
HUEJ==== 94551
MORI.X==== 149852
AUTO==== 199478
ASPH==== 202052
SLND==== 236804
ALUF==== 265707
MORI.N==== 377526
SINI==== 485921
BINN==== 852079
ALLI==== 928382

4ASPH - I need Help from Expert Empty Re: ASPH - I need Help from Expert Fri Mar 11, 2011 2:01 am

Monster

Monster
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Hi Advisor
Yes, you are correct. EPS, NVP and PE do not work in CSE these days (Casino type)

Don't worry about the EPS , NAV ,like these charactors.. its not working in the market now..
you see LDEV was in the price band it released from ban 8th of MARCH then They announce 15:1 rights (what basis they announce this ) now they push up 20/= again .. then it fallen in PRICEBAND now.
It's always risky to invest (I doubt, the word "invest" is suit to these kind of shares) on these type of shares. You should have a luck as well.

These overvalued illiquid shares are killing the market.Sad

Happy trading

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