RGEM- What will happen to this? Big surprise

Jana · 1 RGEM- What will happen to this? Big surprise Mon Aug 01, 2011 5:49 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10719
Reputation : 195
Join date : 2011-03-10

RGEM- What will happen to this ??? Big surprise I can't predict.. very conflict
Will see... Any one can comment /predict about RGEM ???

RGEM- What will happen to this? Big surprise Rgem13

SAGA · 2 Re: RGEM- What will happen to this? Big surprise Mon Aug 01, 2011 5:58 pm

SAGA

Moderator

Posts : 552
Equity Stars : 5483
Reputation : 14
Join date : 2011-05-25

I think somebody is trying to buy it at lower level pretending there is a huge selling pressure

Rajitha · 3 Re: RGEM- What will happen to this? Big surprise Mon Aug 01, 2011 7:10 pm

Rajitha

Assistant Vice President - Equity Analytics

Posts : 793
Equity Stars : 6807
Reputation : 57
Join date : 2011-01-27

Observing RGEM order book is quite fun indeed!
Some people really want to pus h this share while some want to collect it at lower levels! there is a sell order few days back when i was observing for 207k shares! Only top shareholder has that many shares according to the last financial report and he has about 400k! So most probably its some one down on the way collecting to the top trying to get the share price not go up!

stumpy · 4 Re: RGEM- What will happen to this? Big surprise Mon Aug 01, 2011 7:14 pm

stumpy

Senior Manager - Equity Analytics

Posts : 515
Equity Stars : 5695
Reputation : 51
Join date : 2011-04-29
Location : Colombo

yeah! Even I did not miss any point of this great fun in RGEM!

This 325k bugger was in the order book running from 80-150 range (you can see it almost every market hour)

first he had only 150-200K shares now the bugger has collected more than 300k shares! hik hik!

We're monitoring ur actions u dumb _ _ _ _ _ _ _!

Jana · 5 Re: RGEM- What will happen to this? Big surprise Mon Aug 01, 2011 8:14 pm

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10719
Reputation : 195
Join date : 2011-03-10

Thanks Guys !

just only 325 800 put huge selling pressure in the one price level... no more big sell order not in any other level

So..

If anyone match and buy these then his last two month time waste who spent to collect these 325 800.

Some one try to match and collect big Qty with SINI and ALUF ...like that any one hit thease Qty then It will be also possible to pass 150/= ...

I did trade with RGEM two time buy @80/=, sell @ 88/= then buy @ 104/= then sell @ 110 ..But I am very confuse to buy these now because ...

If any one didn't touch this Qty then very hard to sell ... or we need to wait to push up this share who collect these ...

If any one touch these Qty in one time then we can't buy RGEM because no more shares in the market(possibly).

Hi guys! Please tell me If I can buy and keep (not for credit) then it is good to buy or not ???

advisor · 6 Re: RGEM- What will happen to this? Big surprise Mon Aug 01, 2011 8:49 pm

advisor

Senior Equity Analytic

Posts : 54
Equity Stars : 4989
Reputation : 30
Join date : 2011-01-28

Jana wrote:

Hi guys! Please tell me If I can buy and keep (not for credit) then it is good to buy or not ???

If you can buy and hold this stock with Cash limit then is ok I feel no risk

in my view ...it doesn't come down... (even last few days back when the market goes down the RGEM trading @ 90/= level because most of the shares collected by him and other shares hold by inactive major shareholders )

So you need to wait until he push up or some one match and collect this stock...( I thing you don't need to wait more days ... nearly he ended his collection Question

)

he is not a small investor like us who is collect these much of RGEM. at least he invest more than 30 million in RGEM... If he can invest 30 million in one stock then he is worth at least 100 million rupees.. So he will do some thing.. wait and see

any way If you have some you can make some money ... but may be very soon or until financial report release

good luck

sajeethk · 7 Re: RGEM- What will happen to this? Big surprise Mon Aug 01, 2011 9:03 pm

sajeethk

Senior Manager - Equity Analytics

Posts : 585
Equity Stars : 5419
Reputation : 21
Join date : 2011-07-16
Age : 47
Location : Indonisia

I think one or two top ten share holders want to get-ride of his stake..cos no any retailer having that much only 3 sellers has caught that quantity..

this is as per march 11 holding..

Gainer · 8 Re: RGEM- What will happen to this? Big surprise Mon Aug 01, 2011 11:46 pm

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10958
Reputation : 264
Join date : 2011-03-13

RGEM if any one buy this big qty it will possible to go up 200.00 it's a one of the illiquid stock this qty more than 14% of issued shares capital of the company.