@Eranga87 wrote:I think East-west haven't sound financial performance. this time, they sell their property & investment subsidiaries. their profit was recorded highest one due disposal of investment subsidiaries. It is not good for future prosperity of the company. Auditor emphasis of matter on going concern in 2018 Annual report. therefore, to overcome this problem they sold their investments. How to say this one is viable stock?
Actually no one is saying this is a valuable stock. The truth is most of our friends got stuck their money in this. But this thing is unpredictable and a mad share. Controlled by a family.
And this was my 1st bought share in CSE. I was lucky to buy @9 and sell @9.20. I didn't knew anything, my dad recommended this to me. But i felt this isn't good and i exited with a profit of 0.02 rs per share
I can still see that big red value of his portfolio. However they declared a crazy dividend as they sold some property. I barely analysed this share. However this isn't a good share for me. (not satisfying)
But price is dropped now. Maybe they will declare another dividend. Idk. I don't recommend this. I am soooo much away from EAST.