MGT Community

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SHARK
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Re: MGT Community

Postby SHARK » Fri Apr 28, 2017 12:13 am

Most probably i am not expecting good results QoQ, GSP beneficiary over an above TJL is pitched.
Traders could join at the break... 19-21 should be the target.

do your due diligence and take small targets
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Re: MGT Community

Postby SHARK » Fri Apr 28, 2017 12:24 am

mgt.png


Swing Traders may take a swing at it.......... :-B

Unless we see hint of improvement on QoQ, MGT could struggle to reach new heights....
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Re: MGT Community

Postby PAT » Fri Apr 28, 2017 7:12 am

Thanks Shark..........
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Re: MGT Community

Postby Blue Whale » Fri Apr 28, 2017 7:27 am

The results for past few quarters are not satisfactory. However the market sentiment seems very positive for MGT. It shows BUY signals in technical charts @ 16.40. May be moving towards 18+. Better to watch for today as well.
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Re: MGT Community

Postby PAT » Fri Apr 28, 2017 9:57 am

Blue Whale wrote:The results for past few quarters are not satisfactory. However the market sentiment seems very positive for MGT. It shows BUY signals in technical charts @ 16.40. May be moving towards 18+. Better to watch for today as well.


Over 1.7 million shares traded so far
Almost achieved BW target, high Rs 17.70 up to now
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Re: MGT Community

Postby Blue Whale » Fri Apr 28, 2017 10:37 am

2.5Mn traded so far. Seems that lot of sellers waiting in the market for this.
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Re: MGT Community

Postby SHARK » Fri Apr 28, 2017 10:56 am

With positive sentiments many shares despite appalling QoQ would see continue rise.......

Not so long ago we had companies performing well and share price continue to fall, let alone dividends announcements and we saw price falling as a getaway :D

so the opposite holds true in a BULL market....

but BUYER beware... when you buy ... buy something fundamentally strong.... lower in debts, higher dividend yield, and growth (ROE) :ymcowboy:
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Re: MGT Community

Postby newer1 » Fri Apr 28, 2017 11:12 pm

MGT.png
=;
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Re: MGT Community

Postby SHARK » Fri Apr 28, 2017 11:17 pm

Might have to give time at least till end of 31.12.17 to see improvement QoQ.
With expected GSP+ announcement to come through 15.05.17.... And allow their Order books to fill in from Sep-Dec... So prudent to wait till this period before committing BIG. The period from now till end of 31.12.17 would be testing....
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Re: MGT Community

Postby Blue Whale » Fri Apr 28, 2017 11:39 pm

Over 3 million traded within a price band of 1 rupee. Quite significant.
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Re: MGT Community

Postby PAT » Mon May 15, 2017 9:22 pm

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Re: MGT Community

Postby stocks hunter » Mon May 15, 2017 9:48 pm

MGT has failed once again to live up with the investor expectations.

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Re: MGT Community

Postby newer1 » Mon May 15, 2017 9:55 pm

very bad performances.
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Re: MGT Community

Postby PAT » Mon May 15, 2017 9:58 pm

Can't understand the reasons/ s behind consistence bad performance ,

you could imagine a quarter or two but....
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Re: MGT Community

Postby Blue Whale » Mon May 15, 2017 10:02 pm

Don't forget that this was a company criticized for fraud as well. You never know.
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Re: MGT Community

Postby newer1 » Mon May 15, 2017 10:24 pm

where will be the journey of MGT tomorrow under GSP+ issue?
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Re: MGT Community

Postby Blue Whale » Mon May 15, 2017 10:26 pm

It should come down.
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Re: MGT Community

Postby Value » Mon May 15, 2017 10:45 pm

Got to study this share in detail as a LT investment option.

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Re: MGT Community

Postby PATHFINDER » Mon May 15, 2017 11:57 pm

If someone got the message I have posted in this thread :D

We could talk about Plantations in the same manner once promotions are over.

Remember all erections should have corrections :))
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Re: MGT Community

Postby SHARK » Tue May 16, 2017 12:04 am

This one has all the hallmark of speculation play......
give time till next 2 quarters to see really GSP has an impact on their order book.
i feel yes MGT could be a turnaround......

it would be worth having a look at 2005/2004 period.... when GSP was in action.

now we know where is the bottom on this share..... :-?
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Re: MGT Community

Postby Blue Whale » Tue May 16, 2017 5:21 am

Regardless of the profits MGT is a trading stock. 14-17 is the playing range.
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Re: MGT Community

Postby Blue Whale » Tue May 16, 2017 10:59 am

Blue Whale wrote:It should come down.


And it is coming down in big volumes :D
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Re: MGT Community

Postby Blue Whale » Fri Jun 30, 2017 10:19 am

MGT buying around 15/- makes sense for trading :-?
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Re: MGT Community

Postby SHARK » Fri Jun 30, 2017 11:23 am

Blue Whale wrote:MGT buying around 15/- makes sense for trading :-?
Yes lately it had shown some Strong support above 15
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Re: MGT Community

Postby Value » Fri Jun 30, 2017 11:26 am

15 is a good buy not only for a ST trading but for medium to LT holding as well.


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