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RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000)

+70
Equity Master
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thanujav

thanujav
Equity Analytic
Equity Analytic

Radiant Gems International PLC is a Sri Lanka-based company, which is engaged in cutting and polishing colored gemstones, heat treatment, and marketing gemstones. The Company is specializing in producing calibrated gems of varied sizes and cuts. The Company is also engaged in the setting of gemstones according to buyers' requirements.

Experts, can u all explain is it  worth to buy RGEM at current price? (Rs.115 - 118)

stockanalytic

stockanalytic
Manager - Equity Analytics
Manager - Equity Analytics

This also one of the illiquid share.
Only one million are in CDS (1,300,502). Issued quantity is 2,400,000.
Nowadays people are searching illiquid shares, and manipulate it.
My personal opinion - it also can run up to price band (this is our CSE trend nowadays)
but don't burn your hand, if you are risk taker - then you can buy.

thanujav

thanujav
Equity Analytic
Equity Analytic

thanx!

4RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) Empty RGEM may be go for takeover Tue Aug 16, 2011 1:06 am

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

RGEM some one trying to collect big qty may be going to takeover because no one holding 30% of shares.if any one collect 30% of shares they can takeover(30% of shares only 720000)

advisor


Senior Equity Analytic
Senior Equity Analytic

RGEM :- RGEM is the Cheapest Illiquid Stock in the market

I List here first 25 Illiquid stock According to the Market capitalisation list from the CSE.

Symbol=======Price====Issued Quantity== QTY in CDS
CPRT.N0000==== 100.00====35,010======29,615
KZOO.N0000==== 3100.00===50,000======43,179
OFEQ.N0000==== 120.40====83,356======70,799
PARA.N0000==== 1899.00===100,028======81,597
SWAD.N0000====3800.00===130,666======47,675
MORI.X0000==== 2399.00===174,249======151,023
SLND.N0000==== 2999.00===360,000======236,830
MORI.N0000==== 3775.00===580,829======381,758
ASPH.N0000==== 530.20====666,562======222,337
BINN.N0000 ====170.00==== 900,000======875,079
HARI.N0000 ====2900.00=== 959,800======406,534
AUTO.N0000==== 990.00====1,200,000======200,428
PHAR.N0000==== 1760.20===1,272,857======1,137,261
SING.N0000 ====505.80==== 1,385,207======1,034,615
UCAR.N0000==== 849.90====1,500,000======1,180,216
ALLI.N0000 ====987.30==== 1,620,000======978,338
EMER.N0000==== 2690.00===1,677,800======415,777
HUEJ.N0000 ====165.80==== 1,800,000======1,798,968
COCO.X0000====49.50==== 1,800,000======94,551
NEH.N0000==== 1650.00===2,003,870======1,473,013
GEST.N0000==== 250.00====2,278,125======504,099

RGEM.N0000==== 105.30====2,400,000======1,301,502
EBCR.N0000 ====1866.70====2,535,458======1,476,711
MIRA.N0000 ====303.80==== 2,750,000======1,568,546

Note:- CPRT not active trading and COCO.X depend on COCO.N so RGEM is the least price illiquid stock ..

more than 1,800 000 share hold by major share holders from 2,400,000 RGEM... Now a days some players collect more than 325,000 shares from the market .. So compare with the price level it is very very illiquid stock in the market.

GEMS market going up with the Gold market.. So they will show good profit in their financial statement ..last quarter they turned to profit. even if they revalue their Gems they can show good assets for their shares . So in the future RGEM is the good stock. may be short term profit ...

only on of the GEM company listed in the CSE.. it is RGEM.


advisor


Senior Equity Analytic
Senior Equity Analytic

no one can't collect that much of shares from the market because that much of shares not available from the market...

But some on playing with the RGEM like SINI , ALUF, HUEJ, GEST, ASPH and BINN

anyway RGEM is best stock compare with these stocks ...

advisor


Senior Equity Analytic
Senior Equity Analytic

anyone can explain Who manage the RGEM ? because no one holding more than 30% in the top 20 share holder list ...

How come they can manage... it is also like SEMB list...

Anybody can explain about structure..of the managing directors ..who hold the company ???

8RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) Empty ONE MORE GOOD NEWS FOR RGEM Tue Aug 16, 2011 1:51 am

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

SL sapphire in world’s priciest perfume
A sapphire from Sri Lanka has been included in the world’s most expensive fragrance bottle.
A 7.18 carat Sri Lankan oval cabochon sapphire is part of DKNY’s Golden Delicious bottle, priced at US$ 1 million.
The bottle is made from 14-carat yellow and white gold, featuring almost 3,000 precious stones sourced from all over the world.
The fragrance will be showcased around the world before being sold to benefit the Action Against Hunger charity.
Blue sapphires from Sri Lanka gained serious world attention after Prince William presented Kate Middleton with his mother's engagement ring, which featured an oval shaped blue sapphire from Sri Lanka surrounded by 14 diamonds set in 18 karat white gold.
The gem and jewellery industry takes a foremost place in bringing foreign revenue to Sri Lanka. The country is among the biggest sources of gems and precious stones and is ranked among the top gem-bearing nations in the world.

Over 40 of around 60 varieties on the market are found in Sri Lanka, many from the Ratnapura region. The country’s gemstones were formed during the pre-Cambrian age, and almost every stone is guaranteed to be over 800 million years old.
Blue sapphire, star sapphire, ruby and cat’s eye are among the Sri Lankan gemstones which are in high demand.

http://www.ft.lk/2011/08/16/sl-sapphire-in-world%e2%80%99s-priciest-perfume/

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Only one of the GEM company in Sri lanka future is very bright for GEM business keep eye on the RGEM very soon somethink good for RGEM share holders.

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Current market situation high demond and high price for Sri lanka GEM.
RGEM if they will revalue the all of gems they will make lot of million profits.

sajeethk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

will this news help to RGEM price in the market scratch

sajeethk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

but i think we have to see out of total share how many lodge CDS. cos most of the share still can be script form. these script share not trading in the market and only CDS lodge share can consider liquid share....

sheildskye likes this post

sajeethk


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I think its GP margin very good but still there is no much demand to gem like gold. cos it cannot be easily trade in the market. Only selected ppl will collect the gem and diamonds.


Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

sajeethk wrote:will this news help to RGEM price in the market scratch


A is equal to B
B is equal to C then
A is equal to C
lol!

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

what ever RGEM is last Bull to run

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

sajeethk wrote:but i think we have to see out of total share how many lodge CDS. cos most of the share still can be script form. these script share not trading in the market and only CDS lodge share can consider liquid share....

you are right ...

But Still I confuse most of the share holder they don't want to sell... its means first three or four share holder tun the company.. same family people.. and Mr.kathirkamar family account inactive mode so most of the top share holders won't to sell even if they lodge in the CDS.

so it is illiquid...

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Much much demand for gem ... normally very rare people deal with the GEM thats why you don't know about that..

If you see any thing with GEM /Diamond those are very expensive.. because high value and high demand..

any way I am expecting to sell my RGEM @ 120/= or 130/= now already I did our times with this .. very wide range trading every day...

18RADIANT GEMS INTERNATIONAL PLC (RGEM.N0000) Empty RGEM- Selling more than 35% Discount price Wed Aug 31, 2011 8:32 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Some one collect this stock from 70/= 80/= then big Qty @90/= level.. after that they collect up to 110/= ... after wards some more qty up to 124/= level ..little bit @ 130/= level..

They collect more than 350 000 shares from the market.. according to the last financial report most of the shares collected from the market small holders. ... But Unfortunately they couldn't push up this stock more than 120/= level ( may be they finish their buying power / they expect more share selling under 110 level). because most of the small holders want to sell these stock because the reason the big seller always their so they don't like to keep ...

but extractly I don't know the reason why he is selling in this discount price level... He start to sell @ 99.90 last week .. more than 30000 shares sold @ this level then 89.90 , 84.90 ..now 79.90.. (I thing this is the last level ..thats why he put five days sell order in that level)...He already sold more than 130 000 RGEM which is he collected.. now balance 223 200 @ Rs.79.90 (check order book in CSE.lk for RGEM)

Apart from that guys no one want to sell under 90/= level this share.. some of them are selling under this price level 79.90 because the reason they can't keep long up to this big order clear...

anyway RGEM will go more than 100/= level after break this QTY. ( then no more big selling barrier )

when he collect the RGEM no buyers for RGEM. but now more buyers interested..because it is trading in discount price .. more than 35% discount... it is really good price to buy..last day also 50000 buy @ 78.10..it is not fake buyer he strongly was there up to end of trading

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

jana, Do you have a big number of this share.Are you happy with their performance?

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

Financial statements says totally opposite story

hello


Moderator
Moderator

some one ready to clear that quantity tomorrow morning....

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

Gaja, I read it. Thats why I asked that question from jana. I just want to know the reason for high price of this share.

windi5

windi5
Moderator
Moderator

Financial statements dont matter for manipulators. Rgem is an illiquid share so it can be easily manipulated.

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Rajaraam wrote:jana, Do you have a big number of this share.Are you happy with their performance?

I did trade more than three times with RGEM.. Luckily I sold some lot @ 110 last time which is I bought @ 94.90 level. after that I sold some @ 90/= level which is I bought @ 95/= level (because credit clear ) .. now I bought again @ 79.90... definitely I will sell with profit..

No one care about the performance of the company now a days... Are you happy with the HUEJ , ALUF .. PARA .. BINN .... .. you see KDL made lost in last quarter report, after that it went up to 28/= from 20/=..

good undervalue shares CSD , CTLD still low price..but PCH ..EAST... HVA... everyday 20%..30% ..some time 50% up... Why ? why ? why ?

Anyway still I am happy with the RGEM..because..

1. this Quarter they loss only 29 cts... (the reason Directors Eating the profit ..no one holding big amount of shares(more than 50%) thats why they don't like to show profit and issue dividend )
2. only 2.4 million Shares so its never come down more than 70/= or 75/= level again....
3. still they have 14/= NAV..compare with most of the company in minus NAV in CSE..
4. in future they will (definitely) spilt their shares.. SEC also recommend to Split their shares this kind of illiquid stock companies..
5. RGEM only one company trading @ low price level (massive low price level) under three million shares issue quantity


So I am happy to trade with this stock...

Rajaraam


Vice President - Equity Analytics
Vice President - Equity Analytics

jana, What you are saying is correct to certain extend If this share too is considered as HVA ,LHCL and CLND.

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