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Sri Lanka Equity Forum » Stock Market Talk » Stay away from overseas realty (osea)

Stay away from overseas realty (osea)

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1 Stay away from overseas realty (osea) on Thu Sep 28, 2017 12:53 pm

reyaz

reyaz
Manager - Equity Analytics
Manager - Equity Analytics
Bad news follows. People who already know it please tell because I am still confirming what I got.

2 Re: Stay away from overseas realty (osea) on Thu Sep 28, 2017 5:05 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@reyaz wrote:Bad news follows. People who already know it please tell because I am still confirming what I got.
Is it relating to the impending real estate bubble burst?

3 Re: Stay away from overseas realty (osea) on Fri Sep 29, 2017 1:58 am

reyaz

reyaz
Manager - Equity Analytics
Manager - Equity Analytics
A significant amount of shares are bought at margin. Expect them to be sold for recovery of liability!

4 Re: Stay away from overseas realty (osea) on Fri Sep 29, 2017 2:00 am

reyaz

reyaz
Manager - Equity Analytics
Manager - Equity Analytics
But if the ASPI increases by 11% (29th Friday) then the risk is low.

5 Re: Stay away from overseas realty (osea) on Fri Sep 29, 2017 10:04 am

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@reyaz wrote:But if the ASPI increases by 11% (29th Friday) then the risk is low.
Share price is tipped to come down to 15/=.

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