EAST Community

User avatar
PATHFINDER
Co - Admin
Co - Admin
Posts: 610
Joined: Sun Mar 08, 2015 5:47 pm
Flag: Sri Lanka

EAST Community

Postby PATHFINDER » Sat Mar 11, 2017 7:13 pm

I did a small analysis of East-West properties.

The Companys’ core business is in real estate development and generating rental income from a commercial warehousing complex in Peliyagoda.
This is the group structure,

Image

The most current development project under the subsidiary, Weligama Hotel Properties Ltd is the
construction of Sri Lanka’s first Marroitt Resort & Spa Hotel located in Weligama.
The development consists of 198 rooms with a gross built up area of 350,000 sqft. The Project is due to be completed mid 2017.

December quarter report shows revenue drop YoY
Finance cost has sky rocketed with increased borrowings resulted in big negative EPS for the quarter.
Rising interest rate is negative for the company in coming quarters.

Executive chairman of the company has purchased 22Mn shares on Aug 2016
Also another Director has purchased 70000 on Jan 2017

Fundamentally EAST has not performed well for a good price appreciation.

As stated above completion of Marroitt hotel project during 2017 can give a boost to share price on speculation ground.

Technically I found 11-12 as good support level.

A worth share for a trader to keep an eye.
Good luck.
TIMING IS THE NAME FOR THE GAME

User avatar
Value
Equity Analyst
Equity Analyst
Posts: 930
Joined: Fri Jan 27, 2017 7:30 pm
Flag: Sri Lanka

Re: EAST Community

Postby Value » Thu Mar 16, 2017 1:51 pm

Thanks a lot PF

User avatar
PATHFINDER
Co - Admin
Co - Admin
Posts: 610
Joined: Sun Mar 08, 2015 5:47 pm
Flag: Sri Lanka

Re: EAST Community

Postby PATHFINDER » Thu Mar 16, 2017 7:54 pm

Alas someone has read at last. ;;)
TIMING IS THE NAME FOR THE GAME

User avatar
jack18
Top Contributor
Top Contributor
Posts: 552
Joined: Wed Feb 10, 2016 9:16 am
Flag: Sri Lanka

Re: EAST Community

Postby jack18 » Thu Mar 16, 2017 10:02 pm

Thank you very much PF for the analysis.

User avatar
ruwa
Senior Member
Senior Member
Posts: 497
Joined: Wed May 27, 2015 8:55 pm
Location: Dankotuwa, Sri Lanka
Flag: Sri Lanka

Re: EAST Community

Postby ruwa » Wed Mar 22, 2017 12:55 pm

^:)^ Spot on PF

User avatar
Value
Equity Analyst
Equity Analyst
Posts: 930
Joined: Fri Jan 27, 2017 7:30 pm
Flag: Sri Lanka

Re: EAST Community

Postby Value » Wed Mar 22, 2017 1:01 pm

Thanks a lot PF for all the super profits I made

User avatar
SHARK
Savant
Savant
Posts: 15871
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: EAST Community

Postby SHARK » Wed Mar 22, 2017 2:34 pm

Good one PF :)
Price is what you pay. Value is what you get.”

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Fri May 12, 2017 11:53 am

EAST chart showing bullish sentiments. Sometimes traders can have a good opportunity. Can we see a price close to may be 17/- :-? . This is purely on technical grounds.
You do not have the required permissions to view the files attached to this post.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Fri May 12, 2017 9:56 pm

EAST closed today @ 15.60 with increased volumes trading. This is seen after some time. EAST was trading @ 14.70 in the beginning of 2017. Over 500,000 shares traded for the day. Also noted lot of accumulation happened around 15.50 and 15.60. Clearly someone is collecting to push it up.

Thanks
BW
Value Invest Profit

User avatar
dhanurrox
Top Contributor
Top Contributor
Posts: 993
Joined: Sat Sep 10, 2016 1:36 pm
Flag: Sri Lanka

Re: EAST Community

Postby dhanurrox » Fri May 12, 2017 10:00 pm

East is a nice share for traders.But there are better shares than EAST in land and property sector.YORK has lot of potential.

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Fri May 12, 2017 10:03 pm

I saw YORK activating today and I suspect that is due to EAST activity.
Thanks
BW
Value Invest Profit

Investor from 1985
Senior Member
Senior Member
Posts: 573
Joined: Tue Nov 22, 2016 12:40 pm
Flag: Great Britain

Re: EAST Community

Postby Investor from 1985 » Fri May 12, 2017 10:04 pm

Blue Whale wrote:EAST closed today @ 15.60 with increased volumes trading. This is seen after some time. EAST was trading @ 14.70 in the beginning of 2017. Over 500,000 shares traded for the day. Also noted lot of accumulation happened around 15.50 and 15.60. Clearly someone is collecting to push it up.

Thanks
BW



Thanks BW for opening up...... :-j
Attitude determines how well you do it. :)

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Thu Jun 29, 2017 11:56 am

I can smell something in EAST. Some good activities are happening @ 14/-. May be a clearance sale and there is a willing buyer as well though the latest quarterly results are not good at all.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Thu Jun 29, 2017 12:10 pm

EAST is signaling a trading opportunity is there. Will the buyers @ 14/- can made something?
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Thu Jun 29, 2017 1:43 pm

Huge selling but getting cleared as well.
Value Invest Profit

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Tue Jul 11, 2017 2:07 pm

RSI quickly fell to lower band. Keep an eye to see any trading opportunity.
You do not have the required permissions to view the files attached to this post.
Value Invest Profit

User avatar
topcat
Moderator
Moderator
Posts: 2782
Joined: Mon Nov 09, 2015 8:50 pm
Flag: Sri Lanka

Re: EAST Community

Postby topcat » Tue Jul 11, 2017 2:43 pm

Thanx blue. Good alert
"Keep winners, Sell loosers"

PAT
Moderator
Moderator
Posts: 6952
Joined: Sun Nov 15, 2015 4:40 pm
Flag: Australia

Re: EAST Community

Postby PAT » Tue Jul 11, 2017 10:15 pm

Thanks BW......
Live Today........
Without compromising your ability to Live Tomorrow……… :)

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Wed Jul 12, 2017 7:30 am

Yes. Sometimes @ 13 or 12 we could see a good support. This is just for traders only.
Value Invest Profit

User avatar
ruwa
Senior Member
Senior Member
Posts: 497
Joined: Wed May 27, 2015 8:55 pm
Location: Dankotuwa, Sri Lanka
Flag: Sri Lanka

Re: EAST Community

Postby ruwa » Wed Jul 12, 2017 9:17 am

Thanks BW

newer1
Technical Analyst
Technical Analyst
Posts: 755
Joined: Fri Jul 22, 2016 10:36 pm
Location: Sri lanka
Flag: Sri Lanka

Re: EAST Community

Postby newer1 » Thu Jul 13, 2017 10:27 pm

According to today formed candle, may have good turn up here onwards and good trading opportunity as above told.
BE A FRIEND OF TREND

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Fri Jul 14, 2017 7:30 am

Thanks newer. I am watching the charts closely.
Value Invest Profit

StockFlashSL
Technical Analyst
Technical Analyst
Posts: 271
Joined: Sun May 21, 2017 2:31 pm
Flag: Sri Lanka

Re: EAST Community

Postby StockFlashSL » Fri Sep 22, 2017 12:32 pm

warming up again

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 8838
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: EAST Community

Postby Blue Whale » Fri Sep 22, 2017 1:32 pm

Its a good trading stock. You need to know when to get in and when to get out. If not definitely you will get stuck.
Value Invest Profit

StockFlashSL
Technical Analyst
Technical Analyst
Posts: 271
Joined: Sun May 21, 2017 2:31 pm
Flag: Sri Lanka

Re: EAST Community

Postby StockFlashSL » Fri Sep 22, 2017 7:11 pm

EAST just started today and I feel it's good entry point. Technical indicators are turning bullish with MACD, ADX, RSI looking positive.

Also it's moving up from a double bottom. So the resistance is around 15.5.
You do not have the required permissions to view the files attached to this post.


Return to “Communities”

Who is online

Users browsing this forum: No registered users and 7 guests