Somehow or rather i agree with murali. He is talking based on real scenario. For me, am not well versed with all those technical points. I m based on logical reasoning and all. First of all, the company is making profit ya (though is not like xpected). Bear in mind in 2 consecutive Qrs which is a good performance for a company recovering fr losses. Secondly, maybe the company has already taking some profits for the operation cost of building in the new factory which is not reflected in the financial report (possibly, dunno- am not am acctg guy). Thirdly, they export many products. In fact lical mrk also tbey hv jacobs and all. Juz want to sit and let u thk. Not a critical thking. It's juz a common sense. Thanks.
Murali I feel sorry that u lost a lot on this counter but u still can celebrate deepavali "cheaply" It's better u give money to ur parents on deevalee like any good son -rather donate to syndicate
Yes murali as Icon suggests- remember to eat a lot of banana leaves rice and curry Now that u lost big time - its better u eat and celebrate deevalee cheaply :)
Can anybody explain why it took almost a month to rise steadily to reach a high of 2.83 and in 1 day, it dropped to a price a month ago. Even the chart TA did not indicate a reversal. Guess tomorrow will be another heartache for buyers
U mean panic buy again? I dunno. Maybe. Now u hv seen the company is has revealed verythg which is promising to investors and shareholders. They hv secured loan with corporate guarantee, that means the fin institution has its confidence in this company and the gd performance (with gd credit rating).. This is what I see. I agree with icon8888 that he never take into acc the word syndicate and all. So before the light is off, make sure u didn't leave anythg behind or else you might hv to switch the light on again.. :)
Zbaikitree seriously i hv no idea. I entered with low price a mth ago. Still making in the run. But i keep my eyes on this ctr bcoz i see sth gd is coming
Pity those late buyers who are now trapped, not knowing whether to cut loss or hold on hoping it will shoot up again, and hope turns into despair when the price falls further....
Almost wanted to buy when everyone painting a rosy picture of this stock but since the price had gone up for some time, decided to wait and see
Ben, i didnt say that. I said maybe. I dunno. This is their game. Yup zbaikitree i hv margin of safety in the worst case scenario but i sold all already. But keep watching closely to this ctr
No one will know what is the next quarter result will be except the owners themselves . We can only estimate , project, forecast the latest quarter. The latest quarter result is not as good as previous quarter but we do know condensed milk biz is viable and extremely profitable and management is building a new plant for it. Johotin still can outsource existing orders while waiting for new plant completion. What have make u all invested in Johotin? Condensed milk right? . It is still a good biz Tht will make money quarter by quarter n with even brighter future soon.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
murali
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Posted by murali > 2015-11-25 17:05 | Report Abuse
Good luck this round KK123...hehe