My Recommendations..... My Top 10

RJ1010 · 26 Re: My Recommendations..... My Top 10 Tue Oct 27, 2020 9:20 am

RJ1010

Assistant Vice President - Equity Analytics

Posts : 719
Join date : 2020-07-06

I hold both CFLB and MELS. I’m planning to sell off as I don’t see these share prices breaking barriers to reach their potential in next 3-6 month.

CFLB is a trading share. Price has been fluctuating between 10-13 for sometime. Breaking out into 14+ will require a major push which doesn’t seem forthcoming. Even directors sell off when the price goes above 14. If holding for more than 6months+ the situation may change with strong financials.

MELS is also struggling to break past 35. Again for long term this should provide better results.

I will consider re-entering these shares once they start to pick up. Just sharing my thoughts and decisions.

Appreciate thoughts from anyone holding these companies.

Master D · 27 Re: My Recommendations..... My Top 10 Tue Oct 27, 2020 11:00 am

Master D

Manager - Equity Analytics

Posts : 144
Join date : 2020-08-25

RJ1010 wrote:I hold both CFLB and MELS. I’m planning to sell off as I don’t see these share prices breaking barriers to reach their potential in next 3-6 month.

CFLB is a trading share. Price has been fluctuating between 10-13 for sometime. Breaking out into 14+ will require a major push which doesn’t seem forthcoming. Even directors sell off when the price goes above 14. If holding for more than 6months+ the situation may change with strong financials.

MELS is also struggling to break past 35. Again for long term this should provide better results.

I will consider re-entering these shares once they start to pick up. Just sharing my thoughts and decisions.

Appreciate thoughts from anyone holding these companies.

Exiting MELS at losses is not recommended.
Isn't averaging the better way ?

celtic tiger · 28 Re: My Recommendations..... My Top 10 Tue Oct 27, 2020 2:16 pm

celtic tiger

Senior Manager - Equity Analytics

Posts : 518
Join date : 2013-03-23

I bought MELS at 27 as long term investment and exit at 32 in premature states because of foreign selling presh..but I still think it holds good long term prospective.
CFLB is a good trading stock if you know when to enter and exit.

Equity Win · 29 Re: My Recommendations..... My Top 10 Tue Oct 27, 2020 2:42 pm

Equity Win

Senior Manager - Equity Analytics

Posts : 429
Join date : 2020-08-09

COLO will be mid term investment

RJ1010 · 30 Re: My Recommendations..... My Top 10 Tue Oct 27, 2020 6:14 pm

RJ1010

Assistant Vice President - Equity Analytics

Posts : 719
Join date : 2020-07-06

Master D wrote:

RJ1010 wrote:I hold both CFLB and MELS. I’m planning to sell off as I don’t see these share prices breaking barriers to reach their potential in next 3-6 month.

CFLB is a trading share. Price has been fluctuating between 10-13 for sometime. Breaking out into 14+ will require a major push which doesn’t seem forthcoming. Even directors sell off when the price goes above 14. If holding for more than 6months+ the situation may change with strong financials.

MELS is also struggling to break past 35. Again for long term this should provide better results.

I will consider re-entering these shares once they start to pick up. Just sharing my thoughts and decisions.

Appreciate thoughts from anyone holding these companies.

Exiting MELS at losses is not recommended.
Isn't averaging the better way ?

MELS I got in at 32 so can sell with a marginal profit.
CFLB got in at 13 Crying or Very sad

wrong entry point

Master D · 31 Re: My Recommendations..... My Top 10 Wed Oct 28, 2020 7:41 am

Master D

Manager - Equity Analytics

Posts : 144
Equity Stars : 1489
Reputation : 0
Join date : 2020-08-25
Location : Malabe

RJ1010 wrote:

Master D wrote:

RJ1010 wrote:I hold both CFLB and MELS. I’m planning to sell off as I don’t see these share prices breaking barriers to reach their potential in next 3-6 month.

CFLB is a trading share. Price has been fluctuating between 10-13 for sometime. Breaking out into 14+ will require a major push which doesn’t seem forthcoming. Even directors sell off when the price goes above 14. If holding for more than 6months+ the situation may change with strong financials.

MELS is also struggling to break past 35. Again for long term this should provide better results.

I will consider re-entering these shares once they start to pick up. Just sharing my thoughts and decisions.

Appreciate thoughts from anyone holding these companies.

Exiting MELS at losses is not recommended.
Isn't averaging the better way ?

MELS I got in at 32 so can sell with a marginal profit.
CFLB got in at 13 wrong entry point