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CITK Selling or Collecting Thu Aug 30, 2012 1:59 pm
Re: CITK Selling or Collecting Thu Aug 30, 2012 2:01 pm Re: CITK Selling or Collecting Thu Aug 30, 2012 2:08 pm
seek wrote:Today so far 4 million shares have been traded.
Re: CITK Selling or Collecting Thu Aug 30, 2012 2:33 pm
Re: CITK Selling or Collecting Thu Aug 30, 2012 3:56 pmAlso this kind of trend seen Reef.N as well...Hawk Eye wrote:Someone is selling and someone is collecting.
Re: CITK Selling or Collecting Thu Aug 30, 2012 6:02 pm
marusira wrote:Also this kind of trend seen Reef.N as well...Hawk Eye wrote:Someone is selling and someone is collecting.
Re: CITK Selling or Collecting Thu Aug 30, 2012 11:42 pm
Re: CITK Selling or Collecting Fri Aug 31, 2012 1:34 pm Re: CITK Selling or Collecting Mon Sep 03, 2012 3:38 pm Re: CITK Selling or Collecting Mon Sep 03, 2012 9:05 pm
kasun333 wrote: dont buy this shere.
Re: CITK Selling or Collecting Mon Sep 03, 2012 9:08 pm Re: CITK Selling or Collecting Mon Sep 03, 2012 9:16 pm Re: CITK Selling or Collecting Mon Sep 03, 2012 9:24 pm Re: CITK Selling or Collecting Mon Sep 03, 2012 9:56 pmgamaya wrote:IPO price was 17.50. Private placement price 10.00. So can any initial shareholder sell with profits? The minimum price recorded was 5.00 wasn't it? So who could sell with a substantial profit?
I see something artificial here..
Re: CITK Selling or Collecting Mon Sep 03, 2012 9:59 pm Re: CITK Selling or Collecting Mon Sep 03, 2012 11:46 pm Re: CITK Selling or Collecting Tue Sep 04, 2012 9:30 amChinwi wrote:This is just to note that CITK and CITW are in Diri Savi Board. No need to publish quarterly reports.
Next report is at end of September.
Good luck
Re: CITK Selling or Collecting Wed Sep 05, 2012 11:22 am Re: CITK Selling or Collecting Wed Sep 05, 2012 10:23 pmsapumal wrote:CITW is a better option than CITK. CITK has 10% of CLND bought at 44 per share. No one (even people who put money to the IPO) will not sell without holding substantial profit. But they will curse DDJ for buying CLND.
Re: CITK Selling or Collecting Thu Sep 06, 2012 5:33 am
gamaya wrote:sapumal wrote:CITW is a better option than CITK. CITK has 10% of CLND bought at 44 per share. No one (even people who put money to the IPO) will not sell without holding substantial profit. But they will curse DDJ for buying CLND.
But haven't they bought a big quantity in 20s. I remember in CITK prospectus it said avg price is 32.
Re: CITK Selling or Collecting Fri Sep 07, 2012 10:55 am Re: CITK Selling or Collecting Fri Sep 07, 2012 12:06 pmWildBear wrote:According to CITK annual reoprt, they are going to build the water villas first and lease them to potential buyers and then start the construction of the hotel. I think they are not going to dispose CLND shares soon, may be waiting for further capital appreciation and that is possible if future plans of the CLND are successful. On the other hand, what will happen to CITK if CLND announce q rights issue to fund their city hotels and other appartments.
Re: CITK Selling or Collecting Fri Sep 07, 2012 1:38 pmChinwi wrote:WildBear wrote:According to CITK annual reoprt, they are going to build the water villas first and lease them to potential buyers and then start the construction of the hotel. I think they are not going to dispose CLND shares soon, may be waiting for further capital appreciation and that is possible if future plans of the CLND are successful. On the other hand, what will happen to CITK if CLND announce q rights issue to fund their city hotels and other appartments.
Agreed.
At first, I also thought they bought CLND just to get a quick capital gain.
As per their prospectus , I re-glanced yesterday, now I find they have had plans to hold it over 7 years (2018). They are to get bank funding for the major part of the capital required for construction work. I think they believed the long term capital appreciation in CLND is bigger than bank interest.
You have a good point about a possible right issue.
BTW, D is in CLND board.
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