@DamithAsian wrote:@RJ1010 wrote:@Inthikahb M Wazeer wrote:EAST 12
My notes for you below...
ASIY try to sell without profit or loss. It should move upto 4.20 very soon.
PAP I would book profit when it touches 4.4-4.5. Should see price gains with the budget news and positive outlook for energy sector. VLL also wait till budget is announced.
CFLB read the thread on that. Hold med-long term. It will reach 15 as target 1.
Dpid read the thread on that too for specific ideas. Depends when you want to book profit. In very short run wait till the financial is released and see how the price increases and decide.
I don’t hold other companies and haven’t done enough research on those to advice..
Pls explain little about ASIY. Why said so
For ASIY I’m skeptical after the rally last month since directors sold at 4.30-4.40. Haven’t seen them purchase again.Maybe they are out of the game now and it’s purely running on retailers. Due to tea price increases ASIY will directly benefit these 2 quarters for sure. So I’m expecting the share to trade around 4.50 and maybe upto 5 but for someone who got in at high prices (4+) during last rally and couldn’t exit on time then better to stay on the safe side.
I had 100k shares bought at 4.30 from last rally and couldn’t exit. I started selling off with a loss from 3.70 onwards.