Is REEF a good buy???

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

fatmanlk

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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.

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

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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 ?

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

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Nope, shady company

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

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jayathu wrote:Nope, shady company

you mean this share has no future... Question

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

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Jeejay wrote:

jayathu wrote:Nope, shady company

you mean this share has no future...

IS it good price to inter below 10..?

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

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

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

deen

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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

mdcpk1975 · 8 Re: Is REEF a good buy??? Sat Sep 19, 2015 7:12 am

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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...

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

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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

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

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

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

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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

mdcpk1975 · 12 Re: Is REEF a good buy??? Sat Sep 19, 2015 1:39 pm

mdcpk1975

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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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Latest topics

Is REEF a good buy???

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

fatmanlk

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

Jeejay

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

jayathu

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

Jeejay

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

deen

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

gayanath

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

deen

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

mdcpk1975

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

deen

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

gayanath

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

deen

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

mdcpk1975