TABREED October price

[alok_bxd]

TABREED

1.30-1.32
must quickly regain within few days

1.35-1.40
profit - taking levels
if above then bullish mid-term within 10-12 days.

intraday low yesterday
1.04

At 1.35 - 1.40
price will have bounced 30-35%

Those struggling, in need of cash, don't be greedy sell some at those levels in case price does not break 1.38-1.42

I think it's clear TABREED is at bargain levels, for real investors.

for your guidance

[Drake]

I have been accumulating Tabreed shares for quite some time. Just bought a huge lot at 1.08 today. Have now averaged 1.81 - with a view to keep them at least for another 8-10 months.

alok_bxd, what do you reckon are the prospects for his company long term?

[alok_bxd]

buying lots of this company

allocated 50% capital into these prices

if price goes up 20-35%
sell half shares

if price goes down another 30% inject another 25% of tabreed-allocated money.

another 25% if shares goes down another 25-30%

always sell half shares when u see jump 20-35% (whatever makes u feel happy) and then buy lower in bear market

this share is great for long-term investment
what an opprtunity

[sam111sam]

Would you please explain why you think Tabreed is a good investment ?

In terms of profitability , growth and past performace, Tabreed still looks expensive to me at Dhs 1.
There are much more attractive deals on both markets !

P.S I think the new DEWA tarrif hit them hard also, not sure if they will manage to negotiate a solution with DEWA.
Anyone has info on this please ?

Thanks
Sam

[alok_bxd]

last year, or several or few months ago people were scrambling to buy this stock, thinking 2 dirhams was a steal or a great discount

dxb_kola buying now very close to IPO

ready to buy more should stock go below one.

this company was made to make money for some big people. so we want to be part of it.
there other companies as you say, but i dont look at fundamentals always.
one day they will make money and things will work out.

buying a bunch of these shares is much better than wasting money on lottery tickets or dubai duty free.

edit later : if ure wondering about the lottery things, yes, my grandad and lots of other people used to by $%^& loads of tickets in london, germany, etc. to see if they get lucky.
a LOT of tickets.
they used to think differently those days

later

[alok_bxd]

sold 25% position of TABREED

bought 50% at 1.08 sold at 1.40 25%

availbale cash position increased by 29% to 104%

will buy shares with another 25% of cpital at 1.08


rehgrads

[alok_bxd]

Sorry about this, but corrections or clarifications must be made to the previous dxb_kola post.

What happened was half the initial position in Tabreed (spent 50% of TABREED-allocated capital) was sold.

So the first statement that 25% position was sold could be taken as "ONE LOT" was sold, or "half the initial 50% position".

Available cash has increased by 9.8% above 75% due to the profit-taking.

[alok_bxd]

bought at 1.09 today one more lot

so now spent 50% of money allocated for tabreed only

next buy down target would be 0.81

position now is 50% in tabreed at 1.08 as done originally see above

after selling one lot at 1.40 our tabreed play looking good

will sell shares half again if we see a 15 to 30 percent jump

notice we have no ideas of upside targets as this market is truly in uncharted territory, but still playing the market

" play safe " trademark lala