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Hayleys MGT

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Hayleys MGT Empty Hayleys MGT

Post by The Invisible on Mon Jul 29, 2019 11:22 am

I searched for a proper thread for MGT but saw that there is not. Also there is not a sector for Footwear so created a new thread here.

Admin please create a new sector for Footwear and move this thread there.

I see demand has got very strong and price is moving rapidly. Its time to relook at the beaten down stock again I think.

More FA or TA is required now on this stock. I have open up the discussion for the experts now. Very Happy
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Hayleys MGT Empty Re: Hayleys MGT

Post by seek on Mon Jul 29, 2019 1:18 pm

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Hayleys MGT Empty Re: Hayleys MGT

Post by ruwan326 on Fri Aug 16, 2019 8:55 pm

seek wrote:[You must be registered and logged in to see this link.]

Well I created this thread and it was controversial due to some one else Reply Rolling Eyes
Then he correct his mistake.
Now the thread is missing...........

SLS, if you have time please enlighten us about latest in MGT...
Thank you in advance.
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Hayleys MGT Empty Re: Hayleys MGT

Post by The Invisible on Fri Aug 30, 2019 2:16 pm

Slowly slowly but steadily moved towards 15/-. Very close to reaching our mid term target influenced by the encouraging June quarter results.
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Hayleys MGT Empty Re: Hayleys MGT

Post by Ethical Trader on Fri Aug 30, 2019 4:58 pm

Thanks.
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Hayleys MGT Empty Re: Hayleys MGT

Post by The Invisible on Wed Sep 04, 2019 11:22 am

The Invisible wrote:Slowly slowly but steadily moved towards 15/-. Very close to reaching our mid term target influenced by the encouraging June quarter results.

Hmm. Without a much fuss MGT established the mid term target of 15/-. Seem to me market liquidity also mopped up significantly now. So its time to rerate the stock based on September quarter result. Biggest question is whether they can continue the momentum displayed in June quarter result.
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Hayleys MGT Empty Re: Hayleys MGT

Post by seek on Wed Sep 04, 2019 5:56 pm

The Invisible wrote:
The Invisible wrote:Slowly slowly but steadily moved towards 15/-. Very close to reaching our mid term target influenced by the encouraging June quarter results.

Hmm. Without a much fuss MGT established the mid term target of 15/-. Seem to me market liquidity also mopped up significantly now. So its time to rerate the stock based on September quarter result. Biggest question is whether they can continue the momentum displayed in June quarter result.

Is there a particular reason for not showing a good result in next Q?

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Hayleys MGT Empty Re: Hayleys MGT

Post by The Invisible on Fri Sep 06, 2019 5:55 am

seek wrote:
The Invisible wrote:
The Invisible wrote:Slowly slowly but steadily moved towards 15/-. Very close to reaching our mid term target influenced by the encouraging June quarter results.

Hmm. Without a much fuss MGT established the mid term target of 15/-. Seem to me market liquidity also mopped up significantly now. So its time to rerate the stock based on September quarter result. Biggest question is whether they can continue the momentum displayed in June quarter result.

Is there a particular reason for not showing a good result in next Q?

Only worry is their past consistency. If they can earn consistently we should see the share price upgrades gradually to a more higher level.
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Hayleys MGT Empty Re: Hayleys MGT

Post by seek on Wed Nov 06, 2019 10:13 pm

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Post by The Invisible on Tue Dec 03, 2019 10:10 am

Massive buying in MGT today. Looks like breaking 20/- is highly possible.
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Hayleys MGT Empty Re: Hayleys MGT

Post by The Invisible on Wed Jan 08, 2020 10:52 pm

Exactly one month after hitting 19/- here comes MGT at 16/- level again with RSI reaching oversold. Keep an eye on possible reversals in very short term.
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Post by subash on Thu Jan 09, 2020 5:40 pm

Thanks

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