Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» ගෝඨාභය නෙමෙයි පුටින් ආවත් market එක ගොඩ ගන්ඩ බෑ
by Miss-Sangeetha Today at 5:08 pm

» Questionnaire on the stock market investor behavior in the Sri Lankan share market
by gayani2018 Today at 9:41 am

» AEL going up short term for gota coming is only chance for trading
by sanjulanka Today at 7:11 am

» Capital trust recommended to buy AEL ..Target Price Rs.24.50
by Eng Krishantha Today at 1:45 am

» NEST going to run?
by Bakka1988 Yesterday at 11:08 pm

» when you invest in a company call that company and ask some thing
by ThilinaM Yesterday at 3:47 pm

» Chevron will go down further in fundamentals
by ThilinaM Yesterday at 2:06 pm

» read this carefully - thease dumb investment advisors will advise when gsp received teejay operation would be better
by ThilinaM Yesterday at 1:21 pm

» Rocell undervalued
by ThilinaM Yesterday at 12:36 pm

» Friends I read a book traders are loosers
by ThilinaM Yesterday at 12:34 pm

» Central Bank Reduces Its Policy Interest Rates
by Miss-Sangeetha Yesterday at 10:46 am

» Scared of silence of MS and next 2 Fridays
by samaritan Yesterday at 9:11 am

» Positive News
by Capton KIng Cool Yesterday at 8:37 am

» The Central Bank of Sri Lanka Reduces its Policy Interest Rates
by TraderCSE Yesterday at 7:50 am

» AAIC - Profit over one billion!!!!!
by wisdom79 Yesterday at 7:44 am

» Why AAIC Should trade above RS.50/-
by wisdom79 Yesterday at 7:43 am

» CIND බලාගෙනයි
by ThilinaM Thu Aug 22, 2019 3:50 pm

» PAP (Pan Asia Power PLC) Dealings Directors
by Capton KIng Cool Thu Aug 22, 2019 8:54 am

» JKH will touch 175 very soon
by soileconomy Thu Aug 22, 2019 7:27 am

» EMER...?????
by roshan1039 Thu Aug 22, 2019 12:16 am

» What is your trading preference?
by biglivetrade Wed Aug 21, 2019 4:24 pm

» RENUKA HOLDINGS Target 50.00
by ThilinaM Wed Aug 21, 2019 1:34 pm

» CIND , 10% guaranteed return
by Bakka1988 Wed Aug 21, 2019 12:51 pm

» lOFC definitely will hit 6/-
by Winner123 Wed Aug 21, 2019 11:18 am

» ASHO අර්ජුන් මහේන්ද්‍රගේ බෑන විකුණනවද කොහෙද
by Bakka1988 Wed Aug 21, 2019 11:11 am

» PAP (Pan Asia Power PLC) Apointiment of Director Mr.Sangith Senaka Kakiriwargodage.
by samaritan Wed Aug 21, 2019 10:03 am

» SEC charges four stockbrokers over market manipulation
by player Wed Aug 21, 2019 9:40 am

» Sri Lankan Billionaire Dhammika Perera may Spend Rs. 10 Billion for a Presidential Campaign without any Risk! His Daily Casino Profits said to be over Rs. 50 Million
by nuwanmja Wed Aug 21, 2019 9:39 am

» MGT - Collect n keep
by samaritan Wed Aug 21, 2019 8:05 am

» Browns investments
by Winner123 Tue Aug 20, 2019 9:35 pm

» ASHO will hit moon. Deal with SLTB
by Bakka1988 Tue Aug 20, 2019 9:11 pm

» GLASS (piramal glass ceylon plc) from
by MarketWch Tue Aug 20, 2019 10:20 am

» Elcection Commisioner( MACO)
by Capton KIng Cool Tue Aug 20, 2019 8:59 am

» Presidential election will be held on 16 th of November to 7th of December
by rukshan1234 Mon Aug 19, 2019 11:30 pm

» Which Trading System Or Strategy Is The Most Profitable?
by Teller Mon Aug 19, 2019 8:13 pm

» NEST will touch Rs2000 soon
by Bakka1988 Mon Aug 19, 2019 5:41 pm

» Gotabaya Rajapaksha will named after 10th August. Aspi will move above 6500
by samaritan Mon Aug 19, 2019 11:59 am

» CFVF.N0000 - Target price Rs.60- Donnt sell
by Trader321 Mon Aug 19, 2019 10:06 am

» CFVF.N0000 - Really started Again ..........
by Trader321 Mon Aug 19, 2019 9:59 am

» LOLC Holding( LOLC N.0000)
by Capton KIng Cool Mon Aug 19, 2019 8:45 am

» LOLC Holding( LOLC N.0000) MICRO FINACE In Cambodia
by Capton KIng Cool Mon Aug 19, 2019 8:43 am

» PAN ASIA BANK
by samaritan Mon Aug 19, 2019 8:17 am

» CFVF.N0000 - Deal at What price?
by Winner123 Fri Aug 16, 2019 8:35 pm


You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Browns Investments IPO & Future IPOs

Browns Investments IPO & Future IPOs

Go down  Message [Page 1 of 1]

1Browns Investments IPO & Future IPOs Empty Browns Investments IPO & Future IPOs on Fri Jun 17, 2011 10:11 pm

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

BROWNS INVESTMENT PLC ( the latest IPO)

According to the prospectus pg 20 - 8.1 Stated Capital -Note 03...clearly state its a Private Placement
& the Date of the PP is given as 03rd Feb 2011 therefore the said
recipients of the PP ( The recipients of the PP is available on pg 144
- 148 annexure E) CAN SELL their holdings issued @ PP on or before 12 Months from the date of 3rd Feb 2011 [as per the new rule of SEC, PPs made after 1st April 2011 is coming under the new Lock In Rule]

My advice is ....it's best practice to deposit your applications on the opening day and not before it...coz last few IPOs & Valibel One... they amended the Printed prospectus after issuing them to Broker Firms/trading Members which
in return was distributed to potential buyers....then few of those
applied were aware of the amendments thus it was just an announcement
to CSE & no Paper/TV media coverage was given equal to their pre
IPO advertising...Therefore Brawns too have enough time to amend the
Prospectus ...

This applies to all future IPOs as I guess SEC/CSE do not have a proper checking mechanism for IPO Prospectus before endorsing for distribution



Last edited by RIO on Fri Jun 17, 2011 10:37 pm; edited 4 times in total

2Browns Investments IPO & Future IPOs Empty Re: Browns Investments IPO & Future IPOs on Fri Jun 17, 2011 10:49 pm

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@RIO wrote:
BROWNS INVESTMENT PLC ( the latest IPO)

According to the prospectus pg 20 - 8.1 Stated Capital -Note 03...clearly state its a Private Placement
& the Date of the PP is given as 03rd Feb 2011 therefore the said
recipients of the PP ( The recipients of the PP is available on pg 144
- 148 annexure E) CAN SELL their holdings issued @ PP on or before 12 Months from the date of 3rd Feb 2011 [as per the new rule of SEC, PPs made after 1st April 2011 is coming under the new Lock In Rule]

My advice is ....it's best practice to deposit your applications on the opening day and not before it...coz last few IPOs & Valibel One... they amended the Printed prospectus after issuing them to Broker Firms/trading Members which
in return was distributed to potential buyers....then few of those
applied were aware of the amendments thus it was just an announcement
to CSE & no Paper/TV media coverage was given equal to their pre
IPO advertising...Therefore Brawns too have enough time to amend the
Prospectus ...

This applies to all future IPOs as I guess SEC/CSE do not have a proper checking mechanism for IPO Prospectus before endorsing for distribution
Price of PP is also Rs5/=....Therefore it will not be a big problem....And according to many experts this is afairly valued share...

3Browns Investments IPO & Future IPOs Empty Re: Browns Investments IPO & Future IPOs on Fri Jun 17, 2011 11:56 pm

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@rijayasooriya wrote:
@RIO wrote:
BROWNS INVESTMENT PLC ( the latest IPO)

According to the prospectus pg 20 - 8.1 Stated Capital -Note 03...clearly state its a Private Placement
& the Date of the PP is given as 03rd Feb 2011 therefore the said
recipients of the PP ( The recipients of the PP is available on pg 144
- 148 annexure E) CAN SELL their holdings issued @ PP on or before 12 Months from the date of 3rd Feb 2011 [as per the new rule of SEC, PPs made after 1st April 2011 is coming under the new Lock In Rule]

My advice is ....it's best practice to deposit your applications on the opening day and not before it...coz last few IPOs & Valibel One... they amended the Printed prospectus after issuing them to Broker Firms/trading Members which
in return was distributed to potential buyers....then few of those
applied were aware of the amendments thus it was just an announcement
to CSE & no Paper/TV media coverage was given equal to their pre
IPO advertising...Therefore Brawns too have enough time to amend the
Prospectus ...

This applies to all future IPOs as I guess SEC/CSE do not have a proper checking mechanism for IPO Prospectus before endorsing for distribution
Price of PP is also Rs5/=....Therefore it will not be a big problem....And according to many experts this is afairly valued share...

I too agree tht it is it is fairly valued but my concern is Pvt plcmnt ppl has got big chunk than retail applicants. i have doubt do v able to receive minimum application evn Sad in that period this would highly oversubscribe. then we can expect Very gud 1st day ... but if big player cam & drop on 1st day ......... thn it automatically match the IPO price .......... so we might get small gain ....... If Pvt plcmnt is locked ... locked thn only IPO shares in action ... thn we can have AWESOME 1st day ...

HOPE you got my POINT ?? Razz

Cheerz

4Browns Investments IPO & Future IPOs Empty Re: Browns Investments IPO & Future IPOs on Sat Jun 18, 2011 12:18 am

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Chabbi wrote:
@rijayasooriya wrote:
@RIO wrote:
BROWNS INVESTMENT PLC ( the latest IPO)

According to the prospectus pg 20 - 8.1 Stated Capital -Note 03...clearly state its a Private Placement
& the Date of the PP is given as 03rd Feb 2011 therefore the said
recipients of the PP ( The recipients of the PP is available on pg 144
- 148 annexure E) CAN SELL their holdings issued @ PP on or before 12 Months from the date of 3rd Feb 2011 [as per the new rule of SEC, PPs made after 1st April 2011 is coming under the new Lock In Rule]

My advice is ....it's best practice to deposit your applications on the opening day and not before it...coz last few IPOs & Valibel One... they amended the Printed prospectus after issuing them to Broker Firms/trading Members which
in return was distributed to potential buyers....then few of those
applied were aware of the amendments thus it was just an announcement
to CSE & no Paper/TV media coverage was given equal to their pre
IPO advertising...Therefore Brawns too have enough time to amend the
Prospectus ...

This applies to all future IPOs as I guess SEC/CSE do not have a proper checking mechanism for IPO Prospectus before endorsing for distribution
Price of PP is also Rs5/=....Therefore it will not be a big problem....And according to many experts this is afairly valued share...

I too agree tht it is it is fairly valued but my concern is Pvt plcmnt ppl has got big chunk than retail applicants. i have doubt do v able to receive minimum application evn Sad in that period this would highly oversubscribe. then we can expect Very gud 1st day ... but if big player cam & drop on 1st day ......... thn it automatically match the IPO price .......... so we might get small gain ....... If Pvt plcmnt is locked ... locked thn only IPO shares in action ... thn we can have AWESOME 1st day ...

HOPE you got my POINT ?? Razz

Cheerz
In both these ipos(Browns and Vallibel One) most probably we will get minimum amount....Therefore even if it goes very high our earning will not be much irrespective of pp....

5Browns Investments IPO & Future IPOs Empty Re: Browns Investments IPO & Future IPOs on Sat Jun 18, 2011 9:20 am

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
[quote="Chabbi"]
@rijayasooriya wrote:
@RIO wrote:According to the prospectus pg 20 - 8.1 Stated Capital -Note 03... clearly state its a Private Placement & the Date of the PP is given as 03rd Feb 2011 therefore the said recipients of the PP CAN SELL their holdings on any date given the advantage of the SEC rule implementation date [as per the new rule of SEC, PPs made only after 1st April 2011 is coming under the new Lock In Rule]

If Pvt plcmnt is locked ... locked thn only IPO shares in action ... thn we can have AWESOME 1st day ...

No buddy the PP is not applicable to Lock in Rule...see above highlighted aria...!

6Browns Investments IPO & Future IPOs Empty Re: Browns Investments IPO & Future IPOs on Sat Jun 18, 2011 11:51 am

Chabbi

Chabbi
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
[quote="RIO"]
@Chabbi wrote:
@rijayasooriya wrote:
@RIO wrote:According to the prospectus pg 20 - 8.1 Stated Capital -Note 03... clearly state its a Private Placement & the Date of the PP is given as 03rd Feb 2011 therefore the said recipients of the PP CAN SELL their holdings on any date given the advantage of the SEC rule implementation date [as per the new rule of SEC, PPs made only after 1st April 2011 is coming under the new Lock In Rule]

If Pvt plcmnt is locked ... locked thn only IPO shares in action ... thn we can have AWESOME 1st day ...

No buddy the PP is not applicable to Lock in Rule...see above highlighted aria...!

Thnx RIO .........

Now Browns is bit loss confidence. Bcz Pvt Plcmnt ppl got large junk.. thy cn happy by selling thm @ 6 evn .........

But v get only small / Decimal portion. But im going with this IPO Sad

Any more poss & Cons in this ???

7Browns Investments IPO & Future IPOs Empty Re: Browns Investments IPO & Future IPOs on Sat Jun 18, 2011 1:03 pm

RIO

RIO
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Chabbi wrote:

Thnx RIO .........
Now Browns is bit loss confidence. Bcz Pvt Plcmnt ppl got large junk.. thy cn happy by selling thm @ 6 evn .........

But v get only small / Decimal portion. But im going with this IPO Sad

Any more poss & Cons in this ???


Even I too applying for both IPOs .... I just wanted members to be aware of the true facts of the PP & be precocious on applying & trading...! Good luck ... Wink

8Browns Investments IPO & Future IPOs Empty Re: Browns Investments IPO & Future IPOs on Sun Jun 19, 2011 10:31 am

ansar


Manager - Equity Analytics
Manager - Equity Analytics
This is another way of PP to get a good PROFIT. Small amount to us and big amount to them. PP can sell their lot even at 6 and get a big profit. OK, let them have it. Good Luck!

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum