SEMB X future

troy · 1 SEMB X future Tue May 15, 2012 10:08 am

troy

Moderator

Posts : 1120
Equity Stars : 7122
Reputation : 31
Join date : 2011-09-10
Age : 39
Location : WTC

Will this come down to "0". Im really scared coz I have a lot @ .70. Should I average???

rjeranimo · 2 Re: SEMB X future Tue May 15, 2012 12:30 pm

rjeranimo

Equity Analytic

Posts : 46
Equity Stars : 4711
Reputation : 0
Join date : 2011-08-09

HI Pal...

Dont worry...i also having a lot @ .70. but i don't care. if you have money, buy SEMB.X at this price. then treat those two stocks separatley.

for the market down....we can do nothing for that. we are sitting here duck. all the stocks are going down not only this. Let the market to be recovered by it self.

troy · 3 Re: SEMB X future Tue May 15, 2012 1:27 pm

troy

Moderator

Posts : 1120
Equity Stars : 7122
Reputation : 31
Join date : 2011-09-10
Age : 39
Location : WTC

Thanx buddy... I dd it...

Slstock · 4 Re: SEMB X future Tue May 15, 2012 1:33 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13375
Reputation : 1158
Join date : 2011-01-22

troy wrote:Will this come down to "0". Im really scared coz I have a lot @ .70. Should I average???

No company share can be valued at Rs 0 unless it is delisted. Bear is killing all share values. Investor mood makes the difference to push it down or up with selling or buying.

raa · 5 Re: SEMB X future Wed May 16, 2012 1:16 pm

raa

Manager - Equity Analytics

Posts : 246
Equity Stars : 5066
Reputation : 23
Join date : 2011-03-22

Don't be so worried about your losses unless your using borrowed money and are paying interest.

With regard to SEMB.X... its one of those funny easy to manipulate stocks so if you have patience, maybe one day you'll get lucky.

However, in terms of fundamentals, I don't know if you have noticed but the SEMB sign boards now have the Lanka Ashok Leyland signs on them. I'm sure things must be improving financially. From a loss making company, if they can start turning profits this quarter and under these economic conditions, I'm sure the company will be on the right track back.

The only downside is such a huge share base. If you can avg down or hold it, I suggest you do so. It is what I've done.