So does it mean no trading of Greg W 2 from 24th Feb onwards ...??

sapumal

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I can remember that CLND warrants were extended by some period but trading wasn't halted. I am not 100% sure about that. How the rules apply differently on other warrants ?

mra

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greg2 not even worth for 0.10 cents as of now...

Gaja

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hariesha wrote:What I understood was W2 is tradable up to 24th Feb. 2012 according to SEC directive. But it’s confusing. If true W2 may touch 10 again and GREG may give another two runs at least. Look for the trading opportunities. For last 30 days it touched 27 thrice. Today is the latest. Which means three 14% gains within safe margins of 27-32? This is the share which gives most opportunities even in the dull market.[code]

The announcement is not clear as to whether the trading will be halted from 03.02.2012 or 24.02.2012, technically it has to be from 03.02.2012, and if you want to convert the warrants, warrants holders will have the long time to do!

rijayasooriya

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Gaja wrote:

hariesha wrote:What I understood was W2 is tradable up to 24th Feb. 2012 according to SEC directive. But it’s confusing. If true W2 may touch 10 again and GREG may give another two runs at least. Look for the trading opportunities. For last 30 days it touched 27 thrice. Today is the latest. Which means three 14% gains within safe margins of 27-32? This is the share which gives most opportunities even in the dull market.[code]

The announcement is not clear as to whether the trading will be halted from 03.02.2012 or 24.02.2012, technically it has to be from 03.02.2012, and if you want to convert the warrants, warrants holders will have the long time to do!

There is a announcement in DirectFN which says trading will be prohibited from 03/02/2012.

sapumal

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Look at this one
http://www.cse.lk/cmt/uploadAnnounceFiles/5811262673956_618.pdf

How SEC can be this much cruel for GREG.
Actually they punishing retailers. Not the masters

seyon

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rijayasooriya wrote:

Gaja wrote:

hariesha wrote:What I understood was W2 is tradable up to 24th Feb. 2012 according to SEC directive. But it’s confusing. If true W2 may touch 10 again and GREG may give another two runs at least. Look for the trading opportunities. For last 30 days it touched 27 thrice. Today is the latest. Which means three 14% gains within safe margins of 27-32? This is the share which gives most opportunities even in the dull market.[code]

The announcement is not clear as to whether the trading will be halted from 03.02.2012 or 24.02.2012, technically it has to be from 03.02.2012, and if you want to convert the warrants, warrants holders will have the long time to do!

There is a announcement in DirectFN which says trading will be prohibited from 03/02/2012.

Is it trading tomorrow.

rijayasooriya

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seyon wrote:

rijayasooriya wrote:

Gaja wrote:

hariesha wrote:What I understood was W2 is tradable up to 24th Feb. 2012 according to SEC directive. But it’s confusing. If true W2 may touch 10 again and GREG may give another two runs at least. Look for the trading opportunities. For last 30 days it touched 27 thrice. Today is the latest. Which means three 14% gains within safe margins of 27-32? This is the share which gives most opportunities even in the dull market.[code]

The announcement is not clear as to whether the trading will be halted from 03.02.2012 or 24.02.2012, technically it has to be from 03.02.2012, and if you want to convert the warrants, warrants holders will have the long time to do!

There is a announcement in DirectFN which says trading will be prohibited from 03/02/2012.

Is it trading tomorrow.

Announcement says FROM 03/02/2012.So I think today may be the lastday.And Capital Trust confirms that.

Gaja

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GREG.W0002 (2012) In terms of a clarification received from SEC, trading of the above warrant will not be permitted after 03-02-2012. - Source NDB Stock Brokers

rmark

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Just received 02/02.2012 11.04 am
GREG.W0002 In terms of a clarification received from SEC, trading of the above warrant will not be permitted after 03.02.2012

LongTerm

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I also saw the same news, So please sell (if you can)..

seyon

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rmark wrote:Just received 02/02.2012 11.04 am
GREG.W0002 In terms of a clarification received from SEC, trading of the above warrant will not be permitted after 03.02.2012

So tomorrow is the last day isn"t it

Gaja

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Now " From & After " Making confusions as to the last date!!!!!!!

2011_NewComer

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I don't understand why some people still buying it . Is that hoping to do a day trade or ? Question

So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? - Page 2 W210

monash

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2011_NewComer wrote:I don't understand why some people still buying it . Is that hoping to do a day trade or ?

Read the today chat... he said he bought it to hold till 2013.. Razz

not only that he is promoting and recommending others to buy.. lol!

Monster

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seyon wrote:

LongTerm wrote:

Anyways you never know with Greg, the warrants might be back at 10/- and all the idiots who bought at 5.50 today will be 100% up on the deal...

Exactly, Thushan can do all wonders on GREG He can puch up to Rs.10 and even push down Rs.0.10..... Becareful with these warrants.

Seyon, i think it's going to happen today. Now it's trading at Rs 1.60

Slstock

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What a catastrophe.

Yesterday Rs 10 now Rs 1-2. Retailers who owned or held for short term this would have lost 80-90% in a day.

I got tempted to buy at Rs5+ yesterday( went to Rs 8.80) and again at Rs 1 ( now RS 2) . But my ethics overpowered me both times. Am glad. Maybe some gamblers won but it is sad to know many other would have lost a lot.

rijayasooriya

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seyon wrote:

rmark wrote:Just received 02/02.2012 11.04 am
GREG.W0002 In terms of a clarification received from SEC, trading of the above warrant will not be permitted after 03.02.2012

So tomorrow is the last day isn"t it

Yes there is another announcement in DFN saying after 03/02/2012.

Nigel.Machado

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2011_NewComer wrote:I don't understand why some people still buying it . Is that hoping to do a day trade or ?

hi5 mate!! They are gambling!!

Year to date, down from about 30 to 0.90

Down by 97% what a return!!

Genting

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I also bought couple of thousands, just to keep and see Smile

mra

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is it worth to buy and hold at 1.50-1.70 level till next year.and check ones luck?

rijayasooriya

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mra wrote:is it worth to buy and hold at 1.50-1.70 level till next year.and check ones luck?

Why hold ? GREG.N0000 is below Rs33/=.So if u really want to hold buy GREG.N0000 and hold Wink

lokuayya

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not only greg lovers are losers .
this mess brought the whole market down .
now the gregs dream of collecting money from investors is collapsed.what they will do now.
sorry state.

rijayasooriya

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sapumal wrote:Look at this one
http://www.cse.lk/cmt/uploadAnnounceFiles/5811262673956_618.pdf

How SEC can be this much cruel for GREG.
Actually they punishing retailers. Not the masters

WHY THIS KOLAVERI KOLAVARI KOLAVARI SEC...
GREGA BLACK DHO... ANITHWA SUDU DHO....
WHY THIS KOLAVERI KOLAVERI KOLAVERI SEC...

mra

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rijayasooriya wrote:

mra wrote:is it worth to buy and hold at 1.50-1.70 level till next year.and check ones luck?

Why hold ? GREG.N0000 is below Rs33/=.So if u really want to hold buy GREG.N0000 and hold

investment basis buy 10,000 shares of w2 and buying 10,000 normal have a huge % difference. to checking one's luck w2 is better I hope.

w2-10000x1.5=rs. 15,000/-
N- 10000 x 26= rs. 260,000

260,000-15,000= 245,000. so better keep this 245,000 in FD and try with w2
even you don't pay for conversion, still you can sett off 15,000 loss from your FD gain.

Chinwi

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BLACK HOLE Activated.

(Can anyone remember ?) study

Innam and some others here including Chinwi can humbly say we have tried out best to save the people from this agony, from the inception of this warrant factory.

gamaya

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Yes, Chinwi, It was quite obvious to some. Isn't it?

Even there announcement is hard to understand. CSE is a good channel of transferring money from the poor to the rich.

K.Haputantri

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I think, effective date of restriction begins on 24th Feb, 12.

Monster

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http://www.cse.lk/cmt/upload_cse_announcements/1241328172630_.pdf

rijayasooriya

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mra wrote:

rijayasooriya wrote:

mra wrote:is it worth to buy and hold at 1.50-1.70 level till next year.and check ones luck?

Why hold ? GREG.N0000 is below Rs33/=.So if u really want to hold buy GREG.N0000 and hold

investment basis buy 10,000 shares of w2 and buying 10,000 normal have a huge % difference. to checking one's luck w2 is better I hope.

w2-10000x1.5=rs. 15,000/-
N- 10000 x 26= rs. 260,000

260,000-15,000= 245,000. so better keep this 245,000 in FD and try with w2
even you don't pay for conversion, still you can sett off 15,000 loss from your FD gain.

If u do not have intention for conversion why hold for one year ? Of course u can hold for next day to check the luck.

K.Haputantri

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Thanks Monster for the info.

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So does it mean no trading of Greg W 2 from 24th Feb onwards ...??

26 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 9:20 am

sapumal

27 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 9:27 am

mra

28 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 9:30 am

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29 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 9:55 am

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30 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 10:12 am

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31 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 10:30 am

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32 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 10:39 am

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33 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:06 am

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34 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:12 am

rmark

35 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:12 am

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36 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:15 am

seyon

37 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:17 am

Gaja

38 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:30 am

2011_NewComer

39 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:38 am

monash

40 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:48 am

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41 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:56 am

Slstock

42 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 11:59 am

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43 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 12:06 pm

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44 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 12:15 pm

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45 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 12:32 pm

mra

46 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 12:35 pm

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47 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 12:43 pm

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48 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 12:53 pm

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49 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 12:55 pm

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50 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 1:01 pm

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51 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 1:15 pm

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52 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 1:33 pm

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53 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 2:20 pm

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54 Re: So does it mean no trading of Greg W 2 from 24th Feb onwards ...?? Thu Feb 02, 2012 2:25 pm

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