East West properties

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The Company said that following the revaluation the value of the assets had increased to Rs. 694.6 million from around Rs. 126 million previously.




The Company said that following the revaluation the value of the assets had increased to Rs. 694.6 million from around Rs. 126 million previously. The valuation had been done last week. - See more at: [You must be registered and logged in to see this link.]

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

yellow knife wrote:East West gave me the biggest capital gain when I was a trader.

This is how I looked at East recently..

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This is a share only for traders and the only reason that can boost the share price is sheer manipulation.

If Hotel at Weligama opening will ensure sudden boost in revenue and specially PAT we should have experienced that with BBH as well as with RIU Ahun...

Yet when East was subject to heavy manipulation those days speculators used to say so many positives..

1. It has revalued assets and new NAPS is .... which was very much higher than the market price.

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The Company said that following the revaluation the value of the assets had increased to Rs. 694.6 million from around Rs. 126 million previously.




The Company said that following the revaluation the value of the assets had increased to Rs. 694.6 million from around Rs. 126 million previously. The valuation had been done last week. - See more at: [You must be registered and logged in to see this link.]

2. Talked about proposed first Marriot chain hotel plan

3. There were nice news paper articles highlighting the company.


So its a company that one should be careful.. When a non-performing company is recommended to buy, either the buyer has to hold and forget or else join the bandwagon to promote the share, writing in every share related forum and asking others to buy.

There was a time people bought shares because some one else bought bearing the name  like Nimal, Kamal, Sunil or John.. Now the market is different...

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

Ethical Trader wrote:?Aren't  there any better/sound/safer shares in the CSE @ bargain prices than this one. Why should experts waste their time on this one?  

pathfinder wrote:Yes FG as I mentioned in the first post EAST do not deserve a run on fundamental back ground.
But I saw positive technical chart about to make a move,then I do a study and summerized what I gathered.

Ethical Trader wrote:?Aren't  there any better/sound/safer shares in the CSE @ bargain prices than this one. Why should experts waste their time on this one?  

Yes there are many good shares ETHICAL Trader,Why don't you write about at least a one in this investor forum.

All people who wrote in this thread wrote by their own and wrote what they think about this share.

You haven't wrote a single word pertaining to a share discussion.If you are genuinely ETHICAL you should have highlight some negatives or positives about EAST.

If someone read what you have written so far in this forum would identify your "praising favorite writers" theory.This gang behavior is the one destroy this forum.

When I first warn about aluminium related share when world aluminium prices moving up Your ETHICAL tongue was stucked to utter a word.
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Read this as well,

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I just mentioned these two threads to show the ETHICAL behavior of ETHICAL trader.Nothing offence to you SLS.

smallville wrote:Ah... Dude u shud understand how to address the shares to frogs in the well and others.. Shud highlight in capital that this is a "TRADING STOCK" and not meant for investments. Otherwise there are few ppl who dont understand a single word. Whatever u put, they will get lost in "Fund-a-mantal" dilemma and throw questions at you until u fed up..
This is an occupational hazard

Ppl this is just a 10-20% ST pick.. EAST has reached a really bad level and there's room to appreciate. That's all.. If you buy at 11, see after 12.30 and say bye.. simple.. There's risk involved if it goes to 10 as well. So be careful..

my 500TH POST. (after long time [You must be registered and logged in to see this image.] )

Ethical Trader wrote:Thanks Small. You highlighted a very good point, I am concerned of. As you correctly said, there are "frogs in the well" as well who know nothing about Trading, hence the need for highlighting the motive of the thread to prevent misunderstanding. This can be done either using the word TRADING STOCK in the thread itself or categorizing the thread  under TRADING by the Admin.  Otherwise, allowing to have this kind of threads among all other INVESTING STOCKS would certainly misleading the reader.  

The Alchemist wrote:Just to put my two cents worth ......
everybody should be free to post whatever they like. it may be speculative, trading, fundamental, technical ....
if someone is overtly promoting, someone will question the logic, and let that continue in the thread so that  it can educate the readers, who can judge for themselves.
sometimes in these stressful & dull market times, we must keep learning about new things, techniques, stocks.

even novice beginners in stock investing should not blindly buy/sell just because because it is mentioned here. buyer beware.  

in our great desire to protect innocents, beginners, novices, we curtail our freedoms and learning experiences.

we will all be mislead sometime in our lifetime. it is inevitable :-)  
if someone willingly misleads, perhaps there karma will be bad. what goes around comes around.

BTW - my 500TH POST. (after long time )

pathfinder wrote:

Ethical Trader wrote:Thanks Small. You highlighted a very good point, I am concerned of. As you correctly said, there are "frogs in the well" as well who know nothing about Trading, hence the need for highlighting the motive of the thread to prevent misunderstanding. This can be done either using the word TRADING STOCK in the thread itself or categorizing the thread  under TRADING by the Admin.  Otherwise, allowing to have this kind of threads among all other INVESTING STOCKS would certainly misleading the reader.  

Dear ETHICAL trader I'm sure you have not read my original post well,Read it again.I have not edited it.In that thread I have clearly mentioned +s and -s of the stock and possibility of a trading opportunity.Please read till the end.

A question for you ET,Would you ask same question you asked me in the same tone if someone else talk about EAST in this forum.

IF SO,
Where is the question in this thread, [You must be registered and logged in to see this link.]

Am I missing something?

I highlighted two incidents in this thread.

1.)When I talked about Aluminium shares you didn't post anything.But when someone else talked about same issue you appreciate it.
2.)When I talked about EAST you raised a question and but didn't question YK's post.

Don't you think ETHICAL trader's behavior is dual standered?

The Alchemist wrote:Just to put my two cents worth ......
everybody should be free to post whatever they like. it may be speculative, trading, fundamental, technical ....
if someone is overtly promoting, someone will question the logic, and let that continue in the thread so that  it can educate the readers, who can judge for themselves.
sometimes in these stressful & dull market times, we must keep learning about new things, techniques, stocks.

even novice beginners in stock investing should not blindly buy/sell just because because it is mentioned here. buyer beware.  

in our great desire to protect innocents, beginners, novices, we curtail our freedoms and learning experiences.

we will all be mislead sometime in our lifetime. it is inevitable :-)  
if someone willingly misleads, perhaps there karma will be bad. what goes around comes around.

BTW - my 500TH POST. (after long time )

Congratulations Alchem.

You have said what I was trying to say in a nice manner.Thank you very much.

It's Admin's duty to delete a post or ban a member If someone doing promotions.Others should support admins without tying to take "police powers" in to their hands.

pathfinder wrote:

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

Technically I found 11-12 as good support level.

A worth share for a trader to keep an eye.
Good luck.