Is it worth to collect REEF.W0019???

Me too feel the Same..

SOME TIMES IT MAY BE THE BLOOD ON THE DANCING FLOOR !  BUT ALSO BE VERY CAREFUL !!    

I'm stuck with CITK !! DJ hasn't come to the party yet .GL

My broker recommended w19 @ 1.70

dcwal wrote:My broker recommended w19 @ 1.70

May i know who is your broker?

CT

dcwal wrote:CT

ok thanks

SM2014 wrote:WildBear

Did u notice that even CITW started operations on 6th April no any revenue is recorded. Any gilmart???? No any guest check in for the quarter? Surprising

Yes, i have same question.. can"t i understand...

Gainer wrote:REEF one million buyer at 16.50 this week it will pass 20.00

for this company my simple observations are,

DP has collected all Reef between 13.50 to 16.50.

now the share is in peak at 17-18 after 1 and half years.

definitely this will fall to 15 range at the end of this profit season.
best buy at 15.00 for medium held. !!!!!!!!!!!!!!

CITk too traded heavily today !

Tomorrow reef and the gang,enjoy.   

REEF GO!!

WHta will be the closing price for Reef.N000 ?

REEF warrents can go up to 7- 8 territory, kepp watching

Then REEF.NOOO might need to go to above 50 I guess.
The convertion is 40 isn't it.

if some party wants to acquire a stake of REEF, warrants are a one lateral route, conversion price of 40 will not matter for parties who have accumulated below 18.00 during past months.still their average is reasonable when compare to the NAV of REEF.N

WildeBear just a question for me to understand.

So if some one wants to take over wouldn't it be cheaper to buy at say 17 rather than buying the warrants and paying extra 40.

If you buy the REEF.N share at 17 and start collecting it will increase to 30 that I can guess so that might be a affect.

But a mandatory offer might be thought logical.

So why is it going up?

Santa wrote:WildeBear just a question for me to understand.

So if some one wants to take over wouldn't it be cheaper to buy at say 17 rather than buying the warrants and paying extra 40.

If you buy the REEF.N share at 17 and start collecting it will increase to 30 that I can guess so that might be a affect.

But a mandatory offer might be thought logical.

What if the one who wants to take over still approves the warrant conversion for expansions?

In that case the party will collect warrants cheap then will go for normal shares...

This is only what if analysis and not a recommendation.

Santa wrote:WildeBear just a question for me to understand.

So if some one wants to take over wouldn't it be cheaper to buy at say 17 rather than buying the warrants and paying extra 40.

If you buy the REEF.N share at 17 and start collecting it will increase to 30 that I can guess so that might be a affect.

But a mandatory offer might be thought logical.

Yes , those parties have accumulated REEF.N at cheep to it's NAV during past months. If they suddenly rush in REEF.N share price can go pass 100 as in 2010, because major share holders are not willing to sell at lower price. One method to avoid that is to collect the warrants fairly cheap prices and target big chunk of REEF.N later.

but there are lot of quantities in hand to sell. people are waiting.

If someone can buy all those, it will definitely go up.

Player,

Would you be nice to tell how you were not in the top 20 list of W19 for june?

We said you bought in june.
http://forum.srilankaequity.com/t34465-look-for-reef-w19

You sold for 1.7 recently. So only time w19 prices were below Rs 1.2 was between may and june with volume you mentioned.

As player you may skills, I don't doubt that. But if you had 2 million warrants and looking at the times you said, you have to be in the june 30th Reef warrant list. So ... pl explain?

player wrote:Hi all, you may remember i told you about the trends of it in previous years. Sadly i have to say to quit from it. Last 2 weeks i sold my 2Mn of REEF W19 from different nominee accounts and will not buy it now. But will buy whatever available if it reach 1-1.20 levels in OCT-NOV when market going to have a some cooling off.

So now i dont have any idea about it, but if you holding it then try to sell at your best price. GL

player wrote:Hi all, you may remember i told you about the trends of it in previous years. Sadly i have to say to quit from it. Last 2 weeks i sold my 2Mn of REEF W19 from different nominee accounts and  will not buy it now. But will buy whatever available if it reach 1-1.20 levels in OCT-NOV when market going to have a some cooling off.

So now i dont have any idea about it, but if you holding it then try to sell at your best price. GL

foolish try to kill the momentum..

well caught by a fellow member      

dougieboy wrote:Player,

Would you be nice to tell  how you were not in the top 20 list of W19 for june?

We said you bought in june.
http://forum.srilankaequity.com/t34465-look-for-reef-w19

 You sold for 1.7 recently.  So only time w19 prices were below Rs 1.2   was between may and  june with volume you mentioned.  

  As player you may skills, I don't doubt that. But if you had 2 million warrants and looking at the times  you said, you have to be in the june 30th Reef warrant list. So ... pl explain?

player wrote:Hi all, you may remember i told you about the trends of it in previous years. Sadly i have to say to quit from it. Last 2 weeks i sold my 2Mn of REEF W19 from different nominee accounts and  will not buy it now. But will buy whatever available if it reach 1-1.20 levels in OCT-NOV when market going to have a some cooling off.

So now i dont have any idea about it, but if you holding it then try to sell at your best price. GL

It mentioned as different nominee accounts, if so holding will not appear in one name

I feel REEF N much safer than REEF W, i agree if N started to move up, % wise gain of W will be higher, but if didn't move, then one day W will be zero Value.

To be in the list, you only need 492000 warrants. I monitor top 20 list each quarter. I would presume atleast one account
needs to have over 500000 if one has 2 mil quantity. ( ofcourse he can say he has 10 accounts now but neh...)
There are only 2 New entrants to june list. 1 woman and 1 man .

Let me be straight. There is lot of funny business happening in this forum. I want player to set his record straight.

If Player story is true and he is such skillful, why did he exit when the real profit was yet to come from RS 1.7 to Rs 2.6 and still seems not over.
I am sure if he is master of trends and he should know better.

This is not to blame player until he says his side , but I been here since 2011 . Am worried and any sensible person would be also to see the level of wrong things said and done in this forum lately. No one is monitoring , and this is like St john fish market to promote and dump sahres as some people wishes ( not referring to Player) I like to see the forum exist for some more time ... .

Top Trader wrote:

dougieboy wrote:Player,

Would you be nice to tell  how you were not in the top 20 list of W19 for june?

We said you bought in june.
http://forum.srilankaequity.com/t34465-look-for-reef-w19

 You sold for 1.7 recently.  So only time w19 prices were below Rs 1.2   was between may and  june with volume you mentioned.  

  As player you may skills, I don't doubt that. But if you had 2 million warrants and looking at the times  you said, you have to be in the june 30th Reef warrant list. So ... pl explain?

player wrote:Hi all, you may remember i told you about the trends of it in previous years. Sadly i have to say to quit from it. Last 2 weeks i sold my 2Mn of REEF W19 from different nominee accounts and  will not buy it now. But will buy whatever available if it reach 1-1.20 levels in OCT-NOV when market going to have a some cooling off.

So now i dont have any idea about it, but if you holding it then try to sell at your best price. GL

It mentioned as different nominee accounts, if so holding will not appear in one name

dougieboy wrote:To be in the list, you only need 492000 warrants.   I monitor top 20 list each quarter. I would presume atleast one account
needs to have over 500000 if one has 2 mil quantity.  ( ofcourse he can say he has 10 accounts now but neh...)
There are only 2 New entrants to june list. 1 woman and 1 man .
 
Let me be straight. There is lot of funny business happening in this forum. I want player to set his record straight.

If Player story is true and he is such skillful, why  did he exit when the real profit was yet to come from RS 1.7 to Rs 2.6 and still seems not over.
I am sure if he is master of trends and he should know better.  

This is not to blame player until he says his side ,  but I been  here since 2011 .  Am worried and any sensible person would be also to see the level of wrong things said and done  in this  forum lately.     No one is monitoring , and this is like St john fish market to promote and dump sahres as some people wishes ( not referring to Player)  I like to see the forum exist for some more time ... .

Top Trader wrote:

dougieboy wrote:Player,

Would you be nice to tell  how you were not in the top 20 list of W19 for june?

We said you bought in june.
http://forum.srilankaequity.com/t34465-look-for-reef-w19

 You sold for 1.7 recently.  So only time w19 prices were below Rs 1.2   was between may and  june with volume you mentioned.  

  As player you may skills, I don't doubt that. But if you had 2 million warrants and looking at the times  you said, you have to be in the june 30th Reef warrant list. So ... pl explain?

player wrote:Hi all, you may remember i told you about the trends of it in previous years. Sadly i have to say to quit from it. Last 2 weeks i sold my 2Mn of REEF W19 from different nominee accounts and  will not buy it now. But will buy whatever available if it reach 1-1.20 levels in OCT-NOV when market going to have a some cooling off.

So now i dont have any idea about it, but if you holding it then try to sell at your best price. GL

It mentioned as different nominee accounts, if so holding will not appear in one name

I perfectly accept your comments, but i decided there is no point in try to educate our members, most of their immediate goal is to make the money several folds, let them learn through the experience

what will happen on monday..?

Will the momentum continue..

if so, Reef N -Rs 20.00
Reef W- 3.20

Tomorrow possible???

REEF.N according to 2012/13 annual report, net asset value was 29.57. will see what will happen..