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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Is REEF a good buy???

Is REEF a good buy???

+2
Jeejay
fatmanlk
6 posters

Go down  Message [Page 1 of 1]

1Is REEF a good buy??? Empty Is REEF a good buy??? Wed Jun 03, 2015 11:39 am

fatmanlk


Stock Analytic
Stock Analytic

Considering to the fact that "Citrus Leisure Group has posted 102% growth in revenue for 2014/15", is REEF a good buy at the current price.


What are the thought about CITW?



Pls advise.

2Is REEF a good buy??? Empty Re: Is REEF a good buy??? Thu Jun 11, 2015 10:18 pm

Jeejay


Senior Equity Analytic
Senior Equity Analytic

fatmanlk wrote:Considering to the fact that "Citrus Leisure Group has posted 102% growth in revenue for 2014/15", is REEF a good buy at the current 

please advice by expert.. whether  it is  worth holding ?

3Is REEF a good buy??? Empty Re: Is REEF a good buy??? Thu Jun 11, 2015 10:46 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Nope, shady company

4Is REEF a good buy??? Empty Re: Is REEF a good buy??? Sat Jun 13, 2015 12:58 pm

Jeejay


Senior Equity Analytic
Senior Equity Analytic

jayathu wrote:Nope, shady company
you mean this share has no future... Question

5Is REEF a good buy??? Empty Re: Is REEF a good buy??? Fri Sep 18, 2015 10:40 am

deen


Senior Equity Analytic
Senior Equity Analytic

Jeejay wrote:
jayathu wrote:Nope, shady company
you mean this share has no future... Question
IS it good price to inter below 10..?

6Is REEF a good buy??? Empty Re: Is REEF a good buy??? Fri Sep 18, 2015 11:15 am

gayanath


Manager - Equity Analytics
Manager - Equity Analytics

Dont look at this. There are lot of good counters in cse.

7Is REEF a good buy??? Empty Re: Is REEF a good buy??? Fri Sep 18, 2015 10:29 pm

deen


Senior Equity Analytic
Senior Equity Analytic

gayanath wrote:Dont look at this. There are lot of good counters in cse.
what is others opinion about this REEF..would like to inter below 10 study

8Is REEF a good buy??? Empty Re: Is REEF a good buy??? Sat Sep 19, 2015 7:12 am

mdcpk1975


Manager - Equity Analytics
Manager - Equity Analytics

Reef should come down below Rs. 4...the price of the share was below Rs.4 before Dilith aquired this and manipulated to abnormal levels...the reef group is a loss making entity...this group will not recover soon especially under Dilith...

9Is REEF a good buy??? Empty Re: Is REEF a good buy??? Sat Sep 19, 2015 11:45 am

deen


Senior Equity Analytic
Senior Equity Analytic

mdcpk1975 wrote:Reef should come down below Rs. 4...the price of the share was below Rs.4 before Dilith aquired this and manipulated to abnormal levels...the reef group is a loss making entity...this group will not recover soon especially under Dilith...
This reply will be shocking to all Reef share holders Rolling Eyes

10Is REEF a good buy??? Empty Re: Is REEF a good buy??? Sat Sep 19, 2015 12:12 pm

gayanath


Manager - Equity Analytics
Manager - Equity Analytics

Why are you interest about this kind of shares...?

11Is REEF a good buy??? Empty Re: Is REEF a good buy??? Sat Sep 19, 2015 1:08 pm

deen


Senior Equity Analytic
Senior Equity Analytic

gayanath wrote:Why are you interest about this kind of shares...?
Dollars rate are increasing, some time hotel sectors can gain profit. REEF is the share that came down from 120 to 11. So I felt buying at Rs.10 is enough to gain for short term gain.
Top shareholders are in the margin under Pan Asia bank. Royal ceramic is also holding a certain quantity of this share... so sometimes Dammika may also take over this company if a margin call comes only 16% shares are in the market...but only problem is lost making company. Sad Sad Sad

12Is REEF a good buy??? Empty Re: Is REEF a good buy??? Sat Sep 19, 2015 1:39 pm

mdcpk1975


Manager - Equity Analytics
Manager - Equity Analytics

Dammika sold reef to dilith at a price close to rs.4....then dilith manipulated this share from rs. 4  closer to rs. 100 with a rights issue and a warrant issue. There were no valid reason for this share to go up to that levels...i am not sure whether there was a reduction in share volume in the company..since the price of reef is slowly  reaching below 10....may be at some stage some one( may be VONE) may take over the company...CITW Rights issue at 10 is another issue to think of....unless someone is planning to take over the company at 10, who will subscribe to the rights

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