It is interesting to see that you are following three different types of industries.ChateauC wrote:Good analysis Valuepick and what is your prediction on
LIOC OSEA AND CHICKEN ?
It was one of the early movers in the market and it went up and then had a correction. It is getting investor interests again isn’t it?
It is one of early movers in the current bull market. Sorry, lately I didn’t follow it.
They are one of the latest movers in the market due to strong outlook. Just like other stocks they also have an uptrend in this bull market.
When we see storing outlook in any industry especially in bull markets their share prices will go up while having short term pause time to time. It is time to prepare for remaining stages of current bull market. There will be more demand for defensive stocks such as food and health related stocks during latter stage of bull market. Short term political uncertainty is also over. Transfer of power is very smooth in Sri-Lanka. It brings investor confidence.