How is it ...GREG.N and GREG.W0006 ?

Jana · 1 How is it ...GREG.N and GREG.W0006 ? Tue Sep 11, 2012 2:45 pm

Jana

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I got some buying power today so I bought some GREG.N @17/= and GREG.W0006 @6/= ..
What do you thing guys ?? I try to find the pick but compare with other pick GREG N and w6 is better to go for it because all other picks are went up already but this is swing in the lowest price level...

If we see REEF and DPL already up and they move continuously.. So my opinion also GREG.N may pass 30/= then GREG.W6 pass 15/= ( I assume) ... So I feel it is good investment..

Will see... Any good / bad comment for this Fantastic/bloody Idea ... Very Happy

wiki · 2 Re: How is it ...GREG.N and GREG.W0006 ? Tue Sep 11, 2012 3:18 pm

wiki

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Jana wrote:I got some buying power today so I bought some GREG.N @17/= and GREG.W0006 @6/= ..
What do you thing guys ?? I try to find the pick but compare with other pick GREG N and w6 is better to go for it because all other picks are went up already but this is swing in the lowest price level...

If we see REEF and DPL already up and they move continuously.. So my opinion also GREG.N may pass 30/= then GREG.W6 pass 15/= ( I assume) ... So I feel it is good investment..

Will see... Any good / bad comment for this Fantastic/bloody Idea ...

There may be a run ..who knows.... but i think that platinum era is over lol!

ranferdi · 3 Re: How is it ...GREG.N and GREG.W0006 ? Tue Sep 11, 2012 4:10 pm

ranferdi

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Theoretically you are right if current uptrend movement reaches 5700 ASI levels or if market RSI levels reaches below 70. The reason I am saying this is because GREG share is having huge quantity listed along with Warrants requiring broad support to lift it.
In my opinion Today's Downward trend will be temporary (As convinced at the end of day) and soon market will reach the levels that GREG Will be activated. Once this share is activated no wonder it may soon reach 30+ levels and then march towards 50 after temporary setback.
Though they do not have PLATINUM mines this share will be a Platinum mine for the ones who hold it for long term.

hariesha · 4 Re: How is it ...GREG.N and GREG.W0006 ? Tue Sep 11, 2012 5:20 pm

hariesha

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Most of under valued shares are now at least above the net asset value. But GREG is bellow the asset value yet. As it's an investment trust, we can value it based on asset value. It's still trading at 0.7 PBV.

wsaman · 5 Re: How is it ...GREG.N and GREG.W0006 ? Tue Sep 11, 2012 6:59 pm

wsaman

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when we consider about previous behavior of GREG-N, Rs.17 is really worthwhile. If GREG starts its run, nobody can stop it to reach 25-30 in short run. Even as an investment, GREG is valuable at the moment.( Note-There are plenty of shares worth than GREG as an investment at the moment in the market,But many already started to move except GREG)

Arena · 6 Re: How is it ...GREG.N and GREG.W0006 ? Tue Sep 11, 2012 9:36 pm

Arena

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One of the biggest Broker firm holds a bigger potion of greg. dont kw weather they bought from a lost customer to settle the margin. Only pro. is the quantity is very high. Bt with this 2b daily Turn over nothing is impossible. Rather i go for CLPL warrants...........

anu · 7 Re: How is it ...GREG.N and GREG.W0006 ? Wed Sep 12, 2012 7:56 am

anu

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I used to be a worst critic of GREG in the past, due to obvious and unethical pumping by brokers. But at current value and future prospects, I don't mind having a small portion of my portfolio in GREG as it can make up for the lower returns from fundamentally more stronger shares.