AEL Declines to 20.9

mtsfernando · 1 AEL Declines to 20.9 Tue Mar 20, 2018 5:40 pm

mtsfernando

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Any news on the recent decline on AEL?
It was at around Rs.24.00 a few months back. Now it has dropped to Rs.20.90. I did some research but couldn't find a plausible cause for this sudden decline.

TuTanKaman · 2 Re: AEL Declines to 20.9 Tue Mar 20, 2018 9:40 pm

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Low profit and VAT and income tax impact

wiser · 3 Re: AEL Declines to 20.9 Tue Mar 20, 2018 9:45 pm

wiser

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PLs refer my chart analysis to get an idea about AEL.

http://forum.srilankaequity.com/t55025p40-wiser-s-ta-chart-room#341882

AEL Declines to 20.9 Tvc_9fa983ea93da8b135472b58c789b7176

AEL Declines to 20.9 Tvc_9fa983ea93da8b135472b58c789b7176

cse_eagle · 4 Re: AEL Declines to 20.9 Wed Mar 21, 2018 10:23 am

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Better to stay away I guess until we get a clear picture on future profitability

TuTanKaman · 5 Re: AEL Declines to 20.9 Wed Mar 21, 2018 7:03 pm

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Yes for me it's about future profits. Its A decision between fundamental and technical analysis

mtsfernando · 6 PM plans to Build 4000 bridges Thu Mar 22, 2018 10:08 am

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TuTanKaman wrote:Yes for me it's about future profits. Its A decision between fundamental and technical analysis

I read on a recent article that the Prime Minister plans to build 4000 bridges across the island. AEL would certainly benefit from this venture.

nirowat · 7 Re: AEL Declines to 20.9 Thu Mar 22, 2018 11:58 am

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Prime Minister doesn't know whether he is coming or going let alone build 4000 bridges

samaritan · 8 Re: AEL Declines to 20.9 Thu Mar 22, 2018 7:34 pm

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EVERY DARK CLOUD HAS A SILVER LINING.

UNDER THE NEW GOVT THAT WILL BE FORMED SOON AFTER THE NEXT PRESIDENTIAL ELECTION THERE IS GOING TO BE AN UNPRECEDENTED INFRASTRUCTURE DEVELOPMENT IN THE COUNTRY.

THE LOCAL CONTRACTORS ARE GOING TO PLAY A KEY ROLE.

COLLECT AEL NOW FOR A HANDSOME RETURN THAT IS ASSURED.

EquityChamp · 9 Re: AEL Declines to 20.9 Fri Mar 23, 2018 7:49 pm

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Despite financials I think 19/- would be a good entry point for a reasonable trade towards 21-22.

point · 10 Re: AEL Declines to 20.9 Fri Mar 23, 2018 8:23 pm

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Taxes on construction sector may effect. Be careful too

The Hunter · 11 Re: AEL Declines to 20.9 Sat Mar 24, 2018 8:14 am

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AEL is a very healthy engineering institution Won't go more down .This a temporary drop because of dividend announcement.It's the best time if some one want collect more from bottom with in month or just little more than that AEL will reach 26

point · 12 Re: AEL Declines to 20.9 Sat Mar 24, 2018 11:39 am

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Hehe i dont think so AEL not a low liquid share. If mr perera wants it to go that is another story, but i think this is not the time.

inshaf · 13 Re: AEL Declines to 20.9 Sat Mar 31, 2018 8:33 pm

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Good break even level to buy at current price
Based on my experience, this company has strong capabilities to come up. Due to current political situation created this price. But it will go up soon
I think it is better to add stock stock at each price level

equityhunter · 14 Re: AEL Declines to 20.9 Sun Apr 01, 2018 7:37 am

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inshaf wrote:Good break even level to buy at current price
Based on my experience, this company has strong capabilities to come up. Due to current political situation created this price. But it will go up soon
I think it is better to add stock stock at each price level

You are right about the current situation.it's really hard and hazy period for any stock exchange when it's become a matter of political stability .AEL worth buying for long time investment will be best for holding 5 years with grow .

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Latest topics

AEL Declines to 20.9

1 AEL Declines to 20.9 Tue Mar 20, 2018 5:40 pm

mtsfernando

2 Re: AEL Declines to 20.9 Tue Mar 20, 2018 9:40 pm

TuTanKaman

3 Re: AEL Declines to 20.9 Tue Mar 20, 2018 9:45 pm

wiser

4 Re: AEL Declines to 20.9 Wed Mar 21, 2018 10:23 am

cse_eagle

5 Re: AEL Declines to 20.9 Wed Mar 21, 2018 7:03 pm

TuTanKaman

6 PM plans to Build 4000 bridges Thu Mar 22, 2018 10:08 am

mtsfernando

7 Re: AEL Declines to 20.9 Thu Mar 22, 2018 11:58 am

nirowat

8 Re: AEL Declines to 20.9 Thu Mar 22, 2018 7:34 pm

samaritan

9 Re: AEL Declines to 20.9 Fri Mar 23, 2018 7:49 pm

EquityChamp

10 Re: AEL Declines to 20.9 Fri Mar 23, 2018 8:23 pm

point

11 Re: AEL Declines to 20.9 Sat Mar 24, 2018 8:14 am

The Hunter

12 Re: AEL Declines to 20.9 Sat Mar 24, 2018 11:39 am

point

13 Re: AEL Declines to 20.9 Sat Mar 31, 2018 8:33 pm

inshaf

14 Re: AEL Declines to 20.9 Sun Apr 01, 2018 7:37 am

equityhunter