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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)

+99
jehan008
Bakkabwoi
dayandacool
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103 posters

Go to page : Previous  1, 2, 3 ... , 10, 11, 12  Next

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stockchaser


Manager - Equity Analytics
Manager - Equity Analytics
@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 😂😂
thanx for the advise any way

Kipling


Expert
Expert
RJ
Any updates on cflb.
Have you re-enter

Kanishka_2020


Manager - Equity Analytics
Manager - Equity Analytics
You have got good answer/explanation from @RJ1010.

Please be careful when you going for such shares in future. Good luck bro!!

stockchaser


Manager - Equity Analytics
Manager - Equity Analytics
Thanks for the advice bro

Baba2020


Senior Equity Analytic
Senior Equity Analytic
It is on consolidation after hitting 1.50 yesterday. It will surprise all next week by reaching again 1.50

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Kipling wrote:RJ
Any updates on cflb.
Have you re-enter

Hey @Kipling
The market is fluctuating too much these days.. cannot decide on a price point to re-enter CFLB. I wish I had not sold earlier.. one of my few regrettable decisions over the past few months. Lacked the patience.
I’m mostly buying very few undervalued stocks these days and taking profit from the ones I hold. Will wait for market corrections to enter some solid stocks again. The current battle for supremacy will die down soon after the reports are out and then will be the time to decide which stocks to buy.

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Baba2020 wrote:It is on consolidation after hitting 1.50 yesterday. It will surprise all next week by reaching again 1.50

As of the status of the order book today, doesn’t seem there’s an upward momentum. Problem is there were too many buys at 0.20 and 0.30 for a long period of time. People who bought at that price can easily sell off even at > 0.5 and still get a big profit. That’s one reason you now see many selling at 0.7. There needs to be more buyers to absorb these selling but I feel due to the sudden drop retailers will be afraid to touch this share. Good luck if you are trading this. We don’t like to see anyone losing money. Be wise and trade quickly.

Mr. X likes this post

Equityinvestor


Manager - Equity Analytics
Manager - Equity Analytics
Just imagine the opportunity cost of holding and averaging ASPH, with no fundamental backing or earnings...shares with good fundamentals and earnings potential are doing well (DIPD, RCL, VONE, COMB etc) and you could have made huge gains with that money and still have confidence that your investment is secure than asph. Even we saw asph skyrocketing but we didn't get in, Y? Bcos it was probably be someones pump and dump.

This is a gud lesson for all u guys who are stuck with asph. We also have learnt the same lesson a long time ago, so now we stick to shares worth buying and holding.

For ppl with a small pct loss, I recommend sell and get out and invest that money in gud shares which r still without much attention. For others with big losses, well I hope it comes a day when u can exit at least at breakeven.

ADVENTUS and RJ1010 like this post

Mr. X

Mr. X
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@RJ1010 wrote:
@Kipling wrote:RJ
Any updates on cflb.
Have you re-enter

Hey @Kipling
The market is fluctuating too much these days.. cannot decide on a price point to re-enter CFLB. I wish I had not sold earlier.. one of my few regrettable decisions over the past few months. Lacked the patience.
I’m mostly buying very few undervalued stocks these days and taking profit from the ones I hold. Will wait for market corrections to enter some solid stocks again. The current battle for supremacy will die down soon after the reports are out and then will be the time to decide which stocks to buy.

Can you please name the undervalued shares you're hitting on ???   Laughing

Kipling


Expert
Expert
RJ
Are you on Twitter by the same name?

engineer


Manager - Equity Analytics
Manager - Equity Analytics
So it seems that many news traders are struggling with ASPH. I also don't see a point why the share should reach 1 or 1.2 rs again in near future. I would also recommend, getting out of it (realize the loss ) and enter a share with strong fundamentals.

Kipling and ADVENTUS like this post

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
around 205Mn ASPH shares dump into the market at an average price of 1.30

What a Shame

how they are doing a dirty play.

Even ASPH not worth it 10Cts but they make 1300% profit from 10Cts stock

End of the day CSE control the small investors in so many ways




https://cdn.cse.lk/cmt/announcement_portal_prod/ASPH%20Announcement%20-%2002.02.2021%20-%2002_9502165041359926.pdf

https://cdn.cse.lk/cmt/announcement_portal_prod/ASPH%20Announcement%20-%2002.02.2021%20-%2001_9499884012065394.pdf

lbnnirmal, nigma, RJ1010 and geesura like this post

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Jana wrote:around 205Mn ASPH shares dump into the market at an average price of 1.30

What a Shame

how they are doing a dirty play.

Even ASPH not worth it 10Cts but they make 1300% profit from 10Cts stock

End of the day CSE control the small investors in so many ways




https://cdn.cse.lk/cmt/announcement_portal_prod/ASPH%20Announcement%20-%2002.02.2021%20-%2002_9502165041359926.pdf

https://cdn.cse.lk/cmt/announcement_portal_prod/ASPH%20Announcement%20-%2002.02.2021%20-%2001_9499884012065394.pdf

Ramanan director into action.... pathetic how they dump it on small investors. Assuming the director bought his stock at the right issue price of 0.2 and now sold at 1.20..... for 200million shares! Massive profit
We warned our folks here about this unrealistic pump

geesura likes this post

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
G.Ramanan had got majority of this shares in 2014 at rs201. Didn’t see him making purchases post the 1:4500 share split. With the split his cost per share was 0.04 cents. Now selling at average 1.20 he has made a cool profit of 235million this week.

I can imagine him waving at his shareholders and saying thank you come again!

Eranga87 and invest thinker like this post

Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
directors sold lot of ASPH 205Mn shares above Rs.1.10 level. well, plan game. that is a thing, we told earlier, avoiding rally share. don't trust hereafter this cheap clas game.

invest thinker likes this post

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
@High-flyer wrote:People who buy this share, deserve to get burned their fingers. Even with slightest financial literacy, they should able to understand what kind of company this is. 

Gambling has two out come. 

One winner, lot of losers.

Do not like to say this, but 

"Told You So" for whoever got ripped off. Sympathy.

RJ1010 likes this post

stockchaser


Manager - Equity Analytics
Manager - Equity Analytics
High-flyer please advise is this good for .40 cents or it doesn't worth .20 even

celtic tiger


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Some members of this forum warned about this share when they split it. I THINK WE NEED TO BE VERY CAREFUL with shares going for split without real reason. This is a early warning for retailers before market get flood with splits

Dilip


Senior Equity Analytic
Senior Equity Analytic
@celtic tiger wrote:Some members of this forum warned about this share when they split it. I THINK WE NEED TO BE VERY CAREFUL with shares going for split without real reason. This is a early warning for retailers before market get flood with splits
[th]RANSACTION TYPE[/th][th]TRANSACTION DATE (DD/MM/YYYY)[/th][th]QUANTITY[/th][th]PRICE (LKR)[/th]
Sale26 Jan 202125,000,0001.40
Sale26 Jan 202119,914,7801.20
Sale26 Jan 202130,658,7101.00

Mr. X

Mr. X
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Seems like another run coming... who hold this share at higher price ??

271INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Empty ASPH ASPH ASPH Fri Jul 16, 2021 1:15 pm

stockchaser


Manager - Equity Analytics
Manager - Equity Analytics
Any reason for ASPH to move  will history repeat

ADVENTUS dislikes this post

viduranga


Equity Analytic
Equity Analytic
Again ASPH

viduranga


Equity Analytic
Equity Analytic
I think again it'll reach Rs 1

stockchaser likes this post

ADVENTUS dislikes this post

stockchaser


Manager - Equity Analytics
Manager - Equity Analytics
People don't worry when the flight miss

ADVENTUS dislikes this post

dayandacool

dayandacool
Moderator
Moderator
Can anybody give a reason?? No Right. I thought so.. Very Happy Very Happy Very Happy

nigma likes this post

stockchaser dislikes this post

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
ASPH to the moon 🚀 😂
The people who land on the moon have no way of coming back

nigma, ADVENTUS and Mr. X like this post

stockchaser dislikes this post

277INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Empty asph Fri Jul 16, 2021 7:40 pm

viduranga


Equity Analytic
Equity Analytic
INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Screen12INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Screen16

stockchaser likes this post

ADVENTUS dislikes this post

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@viduranga wrote:INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Screen12INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000) - Page 11 Screen16

Technically anything can go up if there’s a rally… don’t let it fool you.

Check how you can support any price above 0.30 with fundamentals.

ADVENTUS likes this post

stockchaser


Manager - Equity Analytics
Manager - Equity Analytics
Does other shares trade based on fundamental these days ??? Surprised Surprised so why only question this? big joke right ?

harshana4 likes this post

ADVENTUS and RJ1010 dislike this post

Mr. X

Mr. X
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
another Director gonna get the benefit soon....

nigma, ADVENTUS and RJ1010 like this post

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