I personally feel it could be a pick at these levels. But abv 11 it could move. Below which there is too much drag.
One may take a chance. But its results are nothing to talk about, hence some doubts.
Abe
From:
Sent: Friday, December 25, 2009 7:15 AM
To:
Subject: Re: [sharetrading] RE: ASIANELEC - for the downtrodden
Dear Abe,
Can you put 2 words on Austral Coke. Its showing some moments since many days. Also please confirm about the buy / sell for LT
Rgds,
Chaitanya Hathiwala
On Thu, Dec 24, 2009 at 3:07 PM, A P Abraham <abrahamap@airtelmai
This is finding good support at 39 with reasonable volumes.
Abe
From: A P Abraham [mailto:abrahamap@airtelmai
Sent: Thursday, December 24, 2009 11:00 AM
To: 'sharetrading@
Subject: ASIANELEC - for the downtrodden
This scrip is slowly showing turning around signals. Its results seem to be also making better figures.
BV – 71
IV – negative.
FV – 5 rs
CMP < 40.
EQ – low 14.53 Cr
It has fallen from near 600 to 20’s
Those who are sitting on some dud scrip’s may convert to this one.
This scrip also will be an emission friendly scrip as they will be into the mfg of LED bulbs soon, if not already. It will catch the fancy of punters soon in my opinion.
Take a chance Buy/convert small and add as scrip may move
Abe
--
Hare Krishna
Chaitanya / Dipu
Happy Trading,
United we grow!!!
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