GLAS..................

indi009 · 1 GLAS.................. Sat Sep 27, 2014 8:56 am

indi009

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Hi All!

You guys are making some fancy charts so I thought of making one for GLAS

But the problem is..................

I don't know what does it indicates....... Sad

Is it a buy recommendation or sell recommendation???
Further pls note that I bought this at Rs.4.60.. What shall I do???????????

Over to you Experts.......

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MARKETWATCH2 · 2 Re: GLAS.................. Sat Sep 27, 2014 9:14 am

MARKETWATCH2

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If it breaks Rs.5.60, be bullish.

SHARK aka TAH · 3 Re: GLAS.................. Sat Sep 27, 2014 11:16 am

SHARK aka TAH

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The Energy discount as promised by President will not have any effect, the news coming out so far is related to domestic household consumers upto 300units. not much for for companies which are Energy Intensive affraid

Please await further update

dudi · 4 Re: GLAS.................. Sat Sep 27, 2014 11:28 am

dudi

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Shark what is your view about Jins?is it a good buy at current level.appreciate your comment

dudi · 5 Re: GLAS.................. Sat Sep 27, 2014 11:29 am

dudi

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Shark what is your view about Jins?is it a good buy at current level.appreciate your comment

indi009 · 6 Re: GLAS.................. Sat Sep 27, 2014 12:23 pm

indi009

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SHARK aka TAH wrote:The Energy discount as promised by President will not have any effect, the news coming out so far is related to domestic household consumers upto 300units. not much for for companies which are Energy Intensive

Please await further update

But I saw you were recommending glas on previous posts..............

And I heard that the company has purchased some machinery which will increase the production and ultimately profits......

SHARK aka TAH · 7 Re: GLAS.................. Sat Sep 27, 2014 1:19 pm

SHARK aka TAH

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indi009 wrote:

SHARK aka TAH wrote:The Energy discount as promised by President will not have any effect, the news coming out so far is related to domestic household consumers upto 300units. not much for for companies which are Energy Intensive

Please await further update

But I saw you were recommending glas on previous posts..............

And I heard that the company has purchased some machinery which will increase the production and ultimately profits......

Indi
we all thought when Energy Bills will be reduced by 25% by his Excl. Mahinda. Now a different tune played by the Fin. Secretary. So all thought this will be good for Manufacturing companies. If this news had positively fed into this stock, the uptrend would have been easy ride to hit targets, so now we need to wait and see.

Dont mix up news and technical s..... my recommendations...based on Price Actions

stockback · 8 Re: GLAS.................. Sat Sep 27, 2014 2:11 pm

stockback

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Yes. you are correct Shark.

CEB saying they didn't received correct Circular yet.
I think this news will be give mid October. bcz Government need to get money for September.

if government can give 25% Discount. Norochchole should be the reason. I think they will give benefit from October bill.

If they didnt give benefit to manufacture sector. that is the worst decision made by Government.

Chandrika Period also we had a problem with electricity in that situation also chandrika government gave benefits to Manufacture Sectors. bcz government need keep good productivity otherwise "dala jathika nishpadanayata balapnawa"

I think this government is more liberal rather than other previous government. if they give benefits its should be give to Manufacture sector also.

if government does not give benefit(promise 25%) this government cannot face to next few elections(next year)

we have to wait another two weeks

stockback · 9 Re: GLAS.................. Sat Sep 27, 2014 2:36 pm

stockback

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SHARK aka TAH wrote:The Energy discount as promised by President will not have any effect, the news coming out so far is related to domestic household consumers upto 300units. not much for for companies which are Energy Intensive

Please await further update

have you got a idea about consuming Industrial sector. I think 2011 its around 30%

I think this percentage should be lower now. bcz domestic usage is increase during last 2.5 years.

if you have any idea about this please released to us.