softlogic - basis of allotment

wmdcf · 1 softlogic - basis of allotment Tue Jun 21, 2011 3:12 pm

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http://www.cse.lk//cmt/upload_cse_announcements/5711308649398_.pdf

tkc · 2 Re: softlogic - basis of allotment Tue Jun 21, 2011 3:15 pm

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wmdcf wrote:http://www.cse.lk//cmt/upload_cse_announcements/5711308649398_.pdf

Retailers got 100%

econ · 3 Re: softlogic - basis of allotment Tue Jun 21, 2011 4:15 pm

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I think it will come down same as EXPO.

ssb · 4 Re: softlogic - basis of allotment Tue Jun 21, 2011 5:11 pm

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econ wrote:I think it will come down same as EXPO.

wish your wrong bro ,
Sad

mark · 5 Re: softlogic - basis of allotment Tue Jun 21, 2011 5:14 pm

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hari iwarai,retailers got 100%........."baduma thama" as chinwi says... geek

econ · 6 Re: softlogic - basis of allotment Tue Jun 21, 2011 5:16 pm

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ssb wrote:

econ wrote:I think it will come down same as EXPO.

wish your wrong bro ,

dont worry. I think you can just sell when initial day morning.I am sure it may start well above the IPO price.
if you want to hold buy back later when price come down.

ssb · 7 Re: softlogic - basis of allotment Tue Jun 21, 2011 5:28 pm

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econ wrote:

ssb wrote:

econ wrote:I think it will come down same as EXPO.

wish your wrong bro ,

dont worry. I think you can just sell when initial day morning.I am sure it may start well above the IPO price.
if you want to hold buy back later when price come down.

ya i will,thanx

Academic · 8 Re: softlogic - basis of allotment Tue Jun 21, 2011 7:14 pm

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econ wrote:

ssb wrote:

econ wrote:I think it will come down same as EXPO.

wish your wrong bro ,

dont worry. I think you can just sell when initial day morning.I am sure it may start well above the IPO price.
if you want to hold buy back later when price come down.

Expo opened just one rupee above and many day-traders got suicide. What about Softlogic?

Who wants to be a suicider on first trading day?

RIO · 9 Re: softlogic - basis of allotment Tue Jun 21, 2011 8:23 pm

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wmdcf wrote:http://www.cse.lk//cmt/upload_cse_announcements/5711308649398_.pdf

Oh My God.....
see....Non retailer Category...500 - 34,500 -100% allocated (have to wait & see the Total shares issued on this level)

& I guess if this is to happen in future IPOs ...then its wise to apply in non retailer category as we get a bigger quota 100%

Chinwi · 10 Re: softlogic - basis of allotment Tue Jun 21, 2011 8:53 pm

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At least now, newcomers should learn to evaluate IPOs before dumping their hard earned money.

It is natural most of the times you have to lose some money/time/reputation/..etc before mastering in any subject.

There was a time we bought IPOs without any fear. All must know that era is over.

You must read the prospectus and see at-least major indicaters EPS , NAVPS, gearing etc.

Be very careful about the EPS they give in the prospectis. Most of the times they show big EPS they had before split or before issuing huge bonus shares.

I saw in one prospectus, in 4 prominent places they gave a big EPS before 10 for 1 bonus given at the last moment prior to IPO. At last section of the book, they gave the real EPS , hardly noted by many readers.

----

Info: I did not apply for both EXPO and SOFT . Today I applied for V-ONE.
Why ?

wiser · 11 Re: softlogic - basis of allotment Tue Jun 21, 2011 10:04 pm

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@ Chinwi,
you may get only 100 like UBC.

econ · 12 Re: softlogic - basis of allotment Wed Jun 22, 2011 2:48 am

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Chinwi wrote:At least now, newcomers should learn to evaluate IPOs before dumping their hard earned money.

It is natural most of the times you have to lose some money/time/reputation/..etc before mastering in any subject.

There was a time we bought IPOs without any fear. All must know that era is over.

You must read the prospectus and see at-least major indicaters EPS , NAVPS, gearing etc.

Be very careful about the EPS they give in the prospectis. Most of the times they show big EPS they had before split or before issuing huge bonus shares.

I saw in one prospectus, in 4 prominent places they gave a big EPS before 10 for 1 bonus given at the last moment prior to IPO. At last section of the book, they gave the real EPS , hardly noted by many readers.

----

Info: I did not apply for both EXPO and SOFT . Today I applied for V-ONE.
Why ?

Now a days IPO is a another business of these big companies to earn money from poor retail investors.
this is usual scenario of srilanka that big companies exploit poor retailers

Chinwi · 13 Re: softlogic - basis of allotment Wed Jun 22, 2011 7:46 am

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Sorry I missed the most important factor needed to watch before applying IPOs these days -

number of shares issued in IPO / number of possible applicants
in retailer category
== % of allocation .

@ wiser,
Correct. Again it will be a useless effort. However, good for newcomers to get at least 100 shares in green .

npc86 · 14 Re: softlogic - basis of allotment Wed Jun 22, 2011 7:04 pm

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They needed more money from the retailers..That's why they granted some loan scheam for their staff members to collect this...(I did'nt went for this IPO). But yoall may got some profit on this...Keep monitoring on 1st day...it...!
Happy trading

m2_yapa · 15 Re: softlogic - basis of allotment Wed Jun 22, 2011 7:10 pm

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The best thing for Soft logic is there will be no demand in first trading day....guys even do not get caught on first day just wait till end of september