Does anyone know the conversion date of REEF.W0019?

smallville wrote:With the developments they have planned for their one of a kind massive hotel, REEF can be thought of being a Hotel sector giant in next 2-3 years.. Kalpitiya, Waskaduwa just came in to the scene with IPOs and the revenue generated with massive number of rooms they'll get will further strengthen the hotel's base..

REEF19 is due to exercise in 2015, currently goin around 15-16 with an exercise price of 40 in 2015 making a total value of 40+16 = 56 if you buy now..
However, when N is at 47, this may look funny but all this downtrend was due to no clue on a market uptrend and more importantly what could do to recover the market menace by SEC..

Converted REEF17 will be in the market by December 24, so this means a dilution of share price as 31.4 Million shares are on the way, therefore; if REEF.N is not manipulated over 50s in coming days, price after 24th may decline to 42s.

On valuational atttempt;

The most important sectors in the coming years to be most likely tourism and infrastructure cuz the development of both may bring better prospects to SL.
The modest value of REEF in current terms may be around 100-120 if projected for 2-3 years time at a PE of 10 or so, so if the warrant is bought today at 16, it can reach 40-80 in this time frame. But this valuation could eventually change with the appreciation of REEF.N as well..

Look at prospectus of REEF and invest wisely if you see value.. Dont go for 2-3 rupee gains.. Wait for it to hit the bottom and buy with uptrend..

sapumal wrote:

smallville wrote:With the developments they have planned for their one of a kind massive hotel, REEF can be thought of being a Hotel sector giant in next 2-3 years.. Kalpitiya, Waskaduwa just came in to the scene with IPOs and the revenue generated with massive number of rooms they'll get will further strengthen the hotel's base..

REEF19 is due to exercise in 2015, currently goin around 15-16 with an exercise price of 40 in 2015 making a total value of 40+16 = 56 if you buy now..
However, when N is at 47, this may look funny but all this downtrend was due to no clue on a market uptrend and more importantly what could do to recover the market menace by SEC..

Converted REEF17 will be in the market by December 24, so this means a dilution of share price as 31.4 Million shares are on the way, therefore; if REEF.N is not manipulated over 50s in coming days, price after 24th may decline to 42s.

On valuational atttempt;

The most important sectors in the coming years to be most likely tourism and infrastructure cuz the development of both may bring better prospects to SL.
The modest value of REEF in current terms may be around 100-120 if projected for 2-3 years time at a PE of 10 or so, so if the warrant is bought today at 16, it can reach 40-80 in this time frame. But this valuation could eventually change with the appreciation of REEF.N as well..

Look at prospectus of REEF and invest wisely if you see value.. Dont go for 2-3 rupee gains.. Wait for it to hit the bottom and buy with uptrend..

REEF warrant17 is already converted. The expired date was 2011/10/1 and it was listed on 15th of Oct. I sold my stake before November.
CLND is in the MPI list. Keep ur i on Chalmers granary. Reef will sold the stake in next quarter.
Reef has very informed directors. දිලිත, වරුනි, නාලක ගොඩයා , රයනෝරු සිල්වා are connected to powerful people. Chariman is also very creative one.

If CLND add to MPI list what will happen?