Need Your Advice.....

kcrRanz · 1 Need Your Advice..... Sun Sep 28, 2014 11:41 pm

kcrRanz

Senior Manager - Equity Analytics

Posts : 348
Equity Stars : 4872
Reputation : 2
Join date : 2013-01-15
Age : 32

I have REEF.N000 and CITK.N0000
I didnt sell reef even at 21/= level beginning of this month.....but nw trading at 19-19.50. I bought at 18/=.

CITK bought at 5.90/=

Is it good to hold this two for few more days?

troy · 2 Re: Need Your Advice..... Mon Sep 29, 2014 3:01 am

troy

Moderator

Posts : 1120
Equity Stars : 7129
Reputation : 31
Join date : 2011-09-10
Age : 39
Location : WTC

I think Reef family shares are yet to have a true rally.

DJ will soon break the silence and will join the party.
Moreover the moves in CLND will be favourable and help the cause.

Further, CITW will release positive statements from this quarter on wards since they are in operation now. But some say there are some hidden debts. However, in present context, accountants are paid to do window dressing for an acceptable limit and dont know whther there are any companies which do not engage in these. I dont see much wrong in it as long as the business remains as a going concern.

My advice is for you to hold on. buying some reef to get your avg down can be a good ploy.

Note : I hold Reef W, CITK