laugh gas

thambi · 1 laugh gas Wed Feb 02, 2011 4:16 pm

thambi

Manager - Equity Analytics

Posts : 156
Equity Stars : 5073
Reputation : 40
Join date : 2011-02-01

why is laugh gas prices going down
wasnt it suppose to increase after the pirce band was lifted ?
any ideas ?? cause i bought non voting at 44.5
do u think it'll increase beyond what i bought it for ?

Niggard · 2 Re: laugh gas Wed Feb 02, 2011 7:30 pm

Niggard

Manager - Equity Analytics

Posts : 103
Equity Stars : 4977
Reputation : 11
Join date : 2011-02-02
Location : Sri Lanka

be patient. For me, i use 2 rules in investing in CSE. 1) be patient 2)don't be too greedy, without which, i have already experienced, is a loss. Average your price to a lower value, when price falls.

Rgts!

godswen · 3 Re: laugh gas Wed Feb 02, 2011 8:30 pm

godswen

Senior Manager - Equity Analytics

Posts : 469
Equity Stars : 5505
Reputation : 65
Join date : 2011-02-02

They use LGL as a day trading share to make a quick buck! Aren't they? At least for ones a week? This happened recently, huge buying around 49-50 and they exit at 57! This time the same! and now again back to 50s!

rahula · 4 Re: laugh gas Wed Feb 02, 2011 10:05 pm

rahula

Equity Analytic

Posts : 31
Equity Stars : 4876
Reputation : 2
Join date : 2011-02-01

[quote="Niggard"]be patient. For me, i use 2 rules in investing in CSE. 1) be patient 2)don't be too greedy, without which, i have already experienced, is a loss. Average your price to a lower value, when price falls.

100000000% True machan!
Cheeeers.

$$$ · 5 Re: laugh gas Wed Feb 02, 2011 10:49 pm

$$$

Senior Manager - Equity Analytics

Posts : 304
Equity Stars : 5204
Reputation : 24
Join date : 2011-01-27

Hold ..very true be patient....Avearge and bring your price to a lower level.....LGL is a trong share and this is headed up for sure . It moves up on huge volumes and contracts on small which means there are buyers who are hungry for the share....this has been a the trend fromthe start it went up to 52 dropped back to 40 then went to 52 and settled at 48 before going up again to 57 and 60 as well. now it has come down again to 51 + on a share volume of around 1.75 million shares ...when it goes up it goes up on 10 million + shares ....hold buddy. End year EPS shoud be around Rs.4 PE of 15 price shoudl be around Rs.60 and that's a conservative figure.

Cheers

godswen · 6 Re: laugh gas Wed Feb 02, 2011 11:06 pm

godswen

Senior Manager - Equity Analytics

Posts : 469
Equity Stars : 5505
Reputation : 65
Join date : 2011-02-02

Hehe, I can see I've lost my reputation just because of my last post! Well, I said what I observed and everyone would be knowing what happened but after all it will slowly pick up as every other share!

thambi · 7 Re: laugh gas Thu Feb 03, 2011 1:35 am

thambi

Manager - Equity Analytics

Posts : 156
Equity Stars : 5073
Reputation : 40
Join date : 2011-02-01

hey thanks everyone for the help really appreciate it
ive kinda invested all my money into the market right now so
i cant really average the price unless i sell some other shares which im
stilling waiting for prices to rise on thos before i do sell ...
got caught to the investnow.lk rumors on pc house and well kinda loosing money there aswell Sad

Niggard · 8 Re: laugh gas Fri Feb 04, 2011 1:44 pm

Niggard

Manager - Equity Analytics

Posts : 103
Equity Stars : 4977
Reputation : 11
Join date : 2011-02-02
Location : Sri Lanka

thambi wrote:hey thanks everyone for the help really appreciate it
ive kinda invested all my money into the market right now so
i cant really average the price unless i sell some other shares which im
stilling waiting for prices to rise on thos before i do sell ...
got caught to the investnow.lk rumors on pc house and well kinda loosing money there aswell

Well buddy, I think u have done really wrong, putting all u got to CSE. According to CSE itself, they said only 20-30% of ur money may be invested in stock market, since you can't take it back as u wish & need without losses.

Except for averaging to a lower value, some time, I have done buying some fast growing stock & try to earn what has been lost, after which I could made up my mind, I recovered losses. I have done this with BLUE several times, but i stress, with the peril of your own skin.

But how can u do it when u have stuck all what u got, in the market. I quite sure that price of LGL WOULD go up shortly. I too bought this @ 53. This is the time my 1st theory works, Patience.

Rgts!

thambi · 9 Re: laugh gas Fri Feb 04, 2011 4:13 pm

thambi

Manager - Equity Analytics

Posts : 156
Equity Stars : 5073
Reputation : 40
Join date : 2011-02-01

i meant i invested all my money that i allocated for the stock market not ALL my money Razz

hahaha i would be crying by now if i did hahaha

but its all good just hve to be patient and hopefully earn some money in the long run

tubal · 10 Re: laugh gas Fri Feb 04, 2011 5:27 pm

tubal

Vice President - Equity Analytics

Posts : 1047
Equity Stars : 6269
Reputation : 243
Join date : 2011-01-27

Sadly LGL was another stock that was extensively promoted at investnow. At Rs 24.00 it may have been attractive. Not so attractive at 30 or 40 but at 50, well that's crazy.

$$$ · 11 Re: laugh gas Sat Feb 05, 2011 6:33 pm

$$$

Senior Manager - Equity Analytics

Posts : 304
Equity Stars : 5204
Reputation : 24
Join date : 2011-01-27

Well With the year EPS of LGL to be around Rs.4 even if you take anualised PE at 15 (Sector PE is much higher) it still should be trading around 60 I think this has room to move up even though it has doubled. I agree many shares were pushed up at Invest now and were manipulated...but we need to decipher the noise to hear clear sound. True Manipulation and share Promotion took place breaking all norms in place but LGL is still worth the price.