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Can there be another Covid-19 wave in Sri Lanka?

What is the best option after report released? Vote_lcap68%What is the best option after report released? Vote_rcap 68% [ 178 ]
What is the best option after report released? Vote_lcap18%What is the best option after report released? Vote_rcap 18% [ 47 ]
What is the best option after report released? Vote_lcap13%What is the best option after report released? Vote_rcap 13% [ 35 ]

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » What is the best option after report released?

What is the best option after report released?

5 posters

Go down  Message [Page 1 of 1]

First Time Investing


Stock Trader
Hi I am new, I have bought shares such as DIPD, EXPO, TKYO etc. People are saying to sell when reports are out. What should I sell? Shouldnt the price go up since they are supposed to have good reports?

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@First Time Investing wrote:Hi I am new, I have bought shares such as DIPD, EXPO, TKYO etc. People are saying to sell when reports are out. What should I sell? Shouldnt the price go up since they are supposed to have good reports?

Generally what happens the share price is likely to shoot up as soon as positive report comes out. This is a good time to sell at a higher price. When buyers pileup eventually they will drag down the price. This strategy is good if you want to book profits and move on to other shares.
If you are investing for long term then you can hold if you see the companies have future potential.
All 3 companies you mentioned have future potential.

abp1970 and Gowri123 like this post

Gowri123


Senior Equity Analytic
Senior Equity Analytic
@RJ1010 wrote:
@First Time Investing wrote:Hi I am new, I have bought shares such as DIPD, EXPO, TKYO etc. People are saying to sell when reports are out. What should I sell? Shouldnt the price go up since they are supposed to have good reports?

Generally what happens the share price is likely to shoot up as soon as positive report comes out. This is a good time to sell at a higher price. When buyers pileup eventually they will drag down the price. This strategy is good if you want to book profits and move on to other shares.
If you are investing for long term then you can hold if you see the companies have future potential.
All 3 companies you mentioned have future potential.
Yes, I agree...all the above 3 shares have a bright future in long term. Holding them would be a smart thing to do unless if you are satisfied with your profits.. you can exit as well.
EXPO - has the potential to touch 100+
DIPD - 1000+
TOKYO - 150+

judecroos and KingMaker2020 like this post

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
may be POWER and ENERGY and FOOD and BEVERAGE. all other things already went up better to sell with profit and these will start to move

dhanushkacse


Equity Analytic
Equity Analytic
Chicken companies shoot up on tomorrow. BFL 200, GRAN 150 
CIC is another potential stock

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