Why RGEM selling his lot ???

Jana · 1 Why RGEM selling his lot ??? Mon Aug 29, 2011 10:26 am

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10718
Reputation : 195
Join date : 2011-03-10

Why Big seller (RGEM ) selling his lot @ 86.90 today???

kingraj1 · 2 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 10:41 am

kingraj1

Senior Equity Analytic

Posts : 74
Equity Stars : 4768
Reputation : 4
Join date : 2011-07-19

Because I'm buying his lot...Ho Ho Ho

Gainer · 3 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 10:45 am

Gainer

Associate Director - Equity Analytics

Posts : 3451
Equity Stars : 10957
Reputation : 264
Join date : 2011-03-13

RGEM If buy some one this lot it will possible to go up 150.00

Think9 · 4 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 10:57 am

Think9

Senior Manager - Equity Analytics

Posts : 449
Equity Stars : 5340
Reputation : 63
Join date : 2011-06-09
Location : cmb

u meant 250 yh ??

MY MONEY · 5 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 11:23 am

MY MONEY

Senior Manager - Equity Analytics

Posts : 431
Equity Stars : 5186
Reputation : 17
Join date : 2011-08-25

are u sure

prabath · 6 What the hell is happening with RGEM Mon Aug 29, 2011 11:43 am

prabath

Assistant Vice President - Equity Analytics

Posts : 822
Equity Stars : 5823
Reputation : 27
Join date : 2011-08-19

?????????? Shocked

pushpakumara · 7 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 12:12 pm

pushpakumara

Senior Manager - Equity Analytics

Posts : 312
Equity Stars : 5110
Reputation : 8
Join date : 2011-04-13

If you check now that order is not there. As mentioned in this forum under another heading, it appears and dissapears from the order book or shift position. Do not get carried away.

prabath · 8 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 12:19 pm

prabath

Assistant Vice President - Equity Analytics

Posts : 822
Equity Stars : 5823
Reputation : 27
Join date : 2011-08-19

BIG ORDER IS NOT THERE,BUT HE'S SELLING HIS LOT SLOWY

sperera · 9 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 12:23 pm

sperera

Equity Analytic

Posts : 34
Equity Stars : 4766
Reputation : 3
Join date : 2011-06-21

Anyone knows who is selling and why ?

SAGA · 10 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 12:28 pm

SAGA

Moderator

Posts : 552
Equity Stars : 5482
Reputation : 14
Join date : 2011-05-25

yes this has been happening for a while now.he uts a big order and then taking it off

StocksWatch · 11 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 12:31 pm

StocksWatch

Assistant Vice President - Equity Analytics

Posts : 720
Equity Stars : 5830
Reputation : 186
Join date : 2011-02-12

pushpakumara wrote:If you check now that order is not there. As mentioned in this forum under another heading, it appears and dissapears from the order book or shift position. Do not get carried away.

Yes whatever the trades that you do with RGEM should not be inspired by that large order. (If I am dealing with this, I will ignore that order and deal as if that order does not exist)

That man who is playing with the large sell order is trying to keep the price of REGM within the range he deserves. If that guy is not an idiot and really wants to exit his position, he could have done it progressively or through number of hidden orders without creating so much of selling pressure and driving the price down which is detrimental to his own ambitions.

Having said that, I wouldn't wonder even if that large order gets cleared suddenly because he can always buy and sell to himself usining different accounts.

I hope the people who are observing this abnormal behavior are not idiots to not to understand this guy's intentions.

P.S. - I don't have any RGEM shares.

pushpakumara · 12 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 12:43 pm

pushpakumara

Senior Manager - Equity Analytics

Posts : 312
Equity Stars : 5110
Reputation : 8
Join date : 2011-04-13

StocksWatch wrote:

pushpakumara wrote:If you check now that order is not there. As mentioned in this forum under another heading, it appears and dissapears from the order book or shift position. Do not get carried away.

Yes whatever the trades that you do with RGEM should not be inspired by that large order. (If I am dealing with this, I will ignore that order and deal as if that order does not exist)

That man who is playing with the large sell order is trying to keep the price of REGM within the range he deserves. If that guy is not an idiot and really wants to exit his position, he could have done it progressively or through number of hidden orders without creating so much of selling pressure and driving the price down which is detrimental to his own ambitions.

Having said that, I wouldn't wonder even if that large order gets cleared suddenly because he can always buy and sell to himself usining different accounts.

I hope the people who are observing this abnormal behavior are not idiots to not to understand this guy's intentions.

P.S. - I don't have any RGEM shares.

Yes, this has been happening for sometime.

prabath · 13 Re: Why RGEM selling his lot ??? Mon Aug 29, 2011 1:39 pm

prabath

Assistant Vice President - Equity Analytics

Posts : 822
Equity Stars : 5823
Reputation : 27
Join date : 2011-08-19

now no movement,hard to understand??

coolkane · 14 Re: Why RGEM selling his lot ??? Tue Aug 30, 2011 3:25 pm

coolkane

Manager - Equity Analytics

Posts : 127
Equity Stars : 4890
Reputation : 1
Join date : 2011-08-11

Anyway RGEM is not worth that much......

Gaja · 15 Re: Why RGEM selling his lot ??? Tue Aug 30, 2011 4:09 pm

Gaja

Associate Director - Equity Analytics

Posts : 3127
Equity Stars : 9691
Reputation : 260
Join date : 2011-01-27
Age : 40
Location : Colombo

i thing the financial statements clearly express the intention of the sellers

MJ · 16 Re: Why RGEM selling his lot ??? Tue Aug 30, 2011 6:34 pm

MJ

Manager - Equity Analytics

Posts : 131
Equity Stars : 4869
Reputation : 13
Join date : 2011-07-06

If you just go by the figures given in the report,
*Company is running with a average Rs.11 Million turnover per quarter ( Which is not even closer to a Hardware Shop ),
*And the current quarter is at a loss. Asset value is touch over Rs.14.

It s hard to believe that the a share is getting 80+ under the current market conditions, specially with NO major future business prospects.

I ve gone through last two years annual reports, which shows that the company has not made any money...or any progress.

Today the situation was , sellers chased the buyers to get rid of 51k + shares, to an extent they were successful. Judging by the figures...trend will continue till the “DETERMIND” sellers get rid f their portfolio.