Why huge selling pressure is with REEF warrant 18 and warrant 17

sapumal

sapumal

Vice President - Equity Analytics

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Any HNWI selling warrant 18 and warrant 17 to buy warrant 19?

When Emagewise bought big chunks of reef warrants they bought at following prices

W17 - 35.00
W18 - 27.00
W19 - 20.30

http://www.cse.lk/cmt/uploadAnnounceFiles/8601307439956_568.pdf

Now W19 trades above 20.30
What happening to other warrants ? why huge selling pressure ?

player

player

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i dnt like to pay millions by withdrawing money from my acct to subscribe to warrants which expire in near days,so i sell.........
we love risk free investments and to keep money in acct for hunting in these bloody rainy days Very Happy

MJ

MJ

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Player , Isnt the W17 attractive at current levels. 32 + 30 for conversion would give you a approximate return of 20% within 2 months. ( Provided REEF N stays at the current levels )

Isnt that Great ???????

player

player

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MJ wrote:Player , Isnt the W17 attractive at current levels. 32 + 30 for conversion would give you a approximate return of 20% within 2 months. ( Provided REEF N stays at the current levels )

Isnt that Great ???????

yes,its attractive,directors targeting to lift REEF N to 100 levels when the expiration of REEF W17 comes close, Suspect

REEF N is a directors' pure manipulative play,they wont let this to fall below 70 level,but i think still there is some big orders to be executed in REEF W17 scratch

,,so safe option may to buy around 30.
but i dnt lyk to subscribe to warrants,

i was telling to buy REEF when it below 70 levels and REEF W17 was at around 28 levels...i already quit from REEF Very Happy

btw now some brokers promoting to buy REEF W17, that's why so much buying pressure.

note-THIS SHIT REEF WORTH NOTHING,they may generate good returns after 5 years Laughing

this is a extremely overvalued share and a splendid PLAY share to me

sapumal

sapumal

Vice President - Equity Analytics

Posts : 1105
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Join date : 2010-07-30

Now W19 trades above 21
What happening to other warrants ? why still they not trading at 35 and 27 ?

bullrun

bullrun

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When will be the last traiding day for warrant 17?

sapumal

sapumal

Vice President - Equity Analytics

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Not sure. I think last week of this month. Refer the annual report

Now REEF w19 trading at 23. 15% more than the price Emagewise bought. But still w18 and w17 is at bellow the bought prices (27 and 35)
Broker telling HNWI collecting REEF warrants. But they collect on following order

First they will collect w19 as much as possible
then w18 as much as possible
finally w17

That's why huge buying pressure only for w19. But next few days w18 will go up

chamilmcg

chamilmcg

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hi,did u think reef (N) will hit 100.00 in newxt week.do u recommend to buy reef (W-17) to rs.35.00 now.

chamilmcg

bullrun

bullrun

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All time high is Rs. 105 on 1/2/2011.based on the maximum price can pay for warrant 17 is Rs.105- Rs.30 = Rs. 75.
Current cost for main share through warrant is Rs. 34.80 +30 = Rs. 64.80. The share is trading at Rs.79.60 (last trade price.) yesterday went up to Rs.82.50. There is a 22.83% gain at the last trading price. 27.31% from yesterday’s maximum price. I hope the tourism sector would be definitely done better in future. Hence I hope to by reef through Warrant 17. Seek advices prom seniors.

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Why huge selling pressure is with REEF warrant 18 and warrant 17

1 Why huge selling pressure is with REEF warrant 18 and warrant 17 Thu Aug 25, 2011 11:17 am

sapumal

2 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17 Thu Aug 25, 2011 9:27 pm

player

3 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17 Thu Aug 25, 2011 9:34 pm

MJ

4 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17 Thu Aug 25, 2011 10:37 pm

player

5 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17 Tue Aug 30, 2011 10:56 am

sapumal

6 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17 Wed Aug 31, 2011 1:09 am

bullrun

7 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17 Fri Sep 02, 2011 10:57 am

sapumal

8 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17 Sat Sep 03, 2011 1:02 pm

chamilmcg

9 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17 Sat Sep 03, 2011 4:57 pm

bullrun

10 Re: Why huge selling pressure is with REEF warrant 18 and warrant 17

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