Peoples Leasing IPO

udayakantha · 1 Peoples Leasing IPO Tue Oct 04, 2011 11:23 am

udayakantha

Stock Trader

Posts : 3
Equity Stars : 4867
Reputation : 0
Join date : 2011-07-26

http://www.lankabusinessonline.com/fullstory.php?nid=1996661980

http://www.cse.lk/cmt/upload_cse_announcements/3541317704595_.pdf

Price Rs.18/=

Daten of opening subscription list 3rd november 2011

mono · 2 Re: Peoples Leasing IPO Tue Oct 04, 2011 5:32 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6482
Reputation : 93
Join date : 2011-01-21
Age : 103

that's a large IPO

Slstock · 3 Re: Peoples Leasing IPO Tue Oct 04, 2011 5:37 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13564
Reputation : 1158
Join date : 2011-01-22

Too large for a wounded market.

mono · 4 Re: Peoples Leasing IPO Tue Oct 04, 2011 5:42 pm

mono

Vice President - Equity Analytics

Posts : 1167
Equity Stars : 6482
Reputation : 93
Join date : 2011-01-21
Age : 103

slstock wrote:
Too large for a wounded market.

Not really. This will be bought buy institutions & foreigners for the most part.

maddu · 5 Re: Peoples Leasing IPO Tue Oct 04, 2011 7:51 pm

maddu

Manager - Equity Analytics

Posts : 164
Equity Stars : 5177
Reputation : 34
Join date : 2011-05-29
Location : Location Base 1

Second largest IPO in CSE.

LBO NEWS
People’s Leasing Company to sell 390mn shares at Rs.18.00. Subscription to open Nov 03:

Happy trading...!!

Rajaraam · 6 Re: Peoples Leasing IPO Tue Oct 04, 2011 8:25 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 6231
Reputation : 113
Join date : 2011-07-01

mono wrote:

slstock wrote:
Too large for a wounded market.

Not really. This will be bought buy institutions & foreigners for the most part.

Yes mono.I also think that there are enough institutional investors for this including public enterprises and Funds.

rijayasooriya · 7 Re: Peoples Leasing IPO Tue Oct 04, 2011 8:31 pm

rijayasooriya

Senior Vice President - Equity Analytics

Posts : 1827
Equity Stars : 7001
Reputation : 134
Join date : 2011-05-25
Location : Matara

Problem is what will happen to the already wounded market because of this large IPO.

Rajaraam · 8 Re: Peoples Leasing IPO Tue Oct 04, 2011 8:38 pm

Rajaraam

Vice President - Equity Analytics

Posts : 1208
Equity Stars : 6231
Reputation : 113
Join date : 2011-07-01

rijayasooriya wrote:Problem is what will happen to the already wounded market because of this large IPO.

I think what you are saying is correct. This kind of large IPOs suck all money and affect the Demand. Therefore indices could be negative soon after the IPO.

Slstock · 9 Re: Peoples Leasing IPO Wed Oct 05, 2011 1:04 am

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13564
Reputation : 1158
Join date : 2011-01-22

Rajaraam wrote:

rijayasooriya wrote:Problem is what will happen to the already wounded market because of this large IPO.

I think what you are saying is correct. This kind of large IPOs suck all money and affect the Demand. Therefore indices could be negative soon after the IPO.

Yes that is exactly what I am saying.

When I said it is too big for a wounded market I meant the retailers. There maybe enough institutional support and funds for the IPO. Afterall it is People bank sub.

But am talking about retailers situation. Current market is still run by retailers mostly.