Union Bank Allotment

sandn · 1 Union Bank Allotment Fri Mar 11, 2011 12:26 pm

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Damn,,,,

http://cse.lk/cmt/upload_cse_announcements/6131299826631_.pdf

mark · 2 Re: Union Bank Allotment Fri Mar 11, 2011 12:30 pm

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AYYO.....................only 100 shares for me................ Sad

CSE1 · 3 Re: Union Bank Allotment Fri Mar 11, 2011 12:33 pm

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mark wrote:AYYO.....................only 100 shares for me................

lada dein sathutu wemu Laughing

Slstock · 4 Re: Union Bank Allotment Fri Mar 11, 2011 12:35 pm

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sandn wrote:Damn,,,,

http://cse.lk/cmt/upload_cse_announcements/6131299826631_.pdf

100 shares for applications upto 5000! This would be a serious waste of time. But it better than nothing.

ndnk · 5 Re: Union Bank Allotment Fri Mar 11, 2011 12:36 pm

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wooh,,, i applied for 5100 shares,,, got 200 shares

limestone · 6 Re: Union Bank Allotment Fri Mar 11, 2011 12:38 pm

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useless I got 200 only but alredy cost me additional 25 /= on interest !. my cost per share is already 50 !

kuk83 · 7 Re: Union Bank Allotment Fri Mar 11, 2011 12:38 pm

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I didnt apply.So have nothing... Very Happy

Antonym · 8 Re: Union Bank Allotment Fri Mar 11, 2011 12:39 pm

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This will come as a disappointment to most people. The only happy ones will be those who applied for a small number of shares. Anyway, let's see at what price it trades...

In the context of this allotment, what strategy is good for future IPOs?

Gaja · 9 Re: Union Bank Allotment Fri Mar 11, 2011 12:40 pm

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kuk83 wrote:I didnt apply.So have nothing...

You took very wise decision friend, it seems anyway have to wait for the 1st day of trading to confirm

Gaja · 10 Re: Union Bank Allotment Fri Mar 11, 2011 12:44 pm

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my cost is 60, including the cost, BG margin & OD

Gaja · 11 Re: Union Bank Allotment Fri Mar 11, 2011 12:47 pm

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now everybody know the amount of refund they going to get, will it used in the Market or in the next IPO

dimuthubas · 12 Re: Union Bank Allotment Fri Mar 11, 2011 12:48 pm

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Finally I got 600 bcoz i use 5 other family members.. I applied only 300 per person.. Very Happy

in one way im happy.

This I feel & Realized even before the IPO, Genuinely they have selected the people and REALLY they didn't have any intention to offer more shares to outside inverters and only they wanted to treat the Existing share holders & its Customers.

Anyway I knew & guess that i might get only 100 per person..
better than nothing. good @ this Red Market. Evil or Very Mad

Last edited by dimuthubas on Fri Mar 11, 2011 12:51 pm; edited 1 time in total

NightStalker · 13 Re: Union Bank Allotment Fri Mar 11, 2011 12:49 pm

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Sorry for Hijacking the thread guys, but what do you think of the ROE 5.5% which was mentioned. Does that mean the Bank is losing money when someone comes and deposits money?

Thanks in Advance

Meta Trader · 14 Re: Union Bank Allotment Fri Mar 11, 2011 12:50 pm

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Gaja wrote:my cost is 60, including the cost, BG margin & OD

oh boy . will this trade above SEYB.N0000 Question

wmdcf · 15 Re: Union Bank Allotment Fri Mar 11, 2011 12:59 pm

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http://www.cse.lk/cmt/upload_cse_announcements/6131299826631_.pdf

swan03 · 16 Re: Union Bank Allotment Fri Mar 11, 2011 1:06 pm

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kan · 17 Union Bank Shares Fri Mar 11, 2011 1:07 pm

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Im not going 2 sell my shares

yasser · 18 IPO Fri Mar 11, 2011 1:09 pm

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This is a waste of money being blocked for a such a long time, regulators must consider of releasing 1 or 2 IPO a month in a manner it benefits the small investors. since the money is blocked for a period of 3weeks.

Aamiable · 19 Re: Union Bank Allotment Fri Mar 11, 2011 1:11 pm

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Gaja wrote:now everybody know the amount of refund they going to get, will it used in the Market or in the next IPO

They will refund amost 100 %

ShareShares · 20 Re: Union Bank Allotment Fri Mar 11, 2011 1:53 pm

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kan wrote:Im not going 2 sell my shares

Some are collecting at lowest level. GUAR and CARS remain strong under current IPO coditions. these shares could perform well when the refunds come to the market. Same thing happened after the LGL ipo.

Gaja · 21 Re: Union Bank Allotment Fri Mar 11, 2011 2:00 pm

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will today turnover pass 1 billion mark

mark · 22 Re: Union Bank Allotment Fri Mar 11, 2011 2:06 pm

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Gaja wrote:will today turnover pass 1 billion mark

seems not.............a dark gloomy day............ Crying or Very sad

milanka · 23 Future IPO strategy Fri Mar 11, 2011 2:08 pm

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Antonym wrote:This will come as a disappointment to most people. The only happy ones will be those who applied for a small number of shares. Anyway, let's see at what price it trades...

In the context of this allotment, what strategy is good for future IPOs?

Three Options

1. Not to apply but look for buying oppertunities for same stock on 1st few days.
2. Apply for Min qty and then look for buying oppertunities on 1st few days.
3. Must not get funds on OD's
3. Use the BG facilities - must not block cash for 10 days. - until refunds

Trader · 24 Union Bank - PUBLIC issue or PRIVATE placement? Fri Mar 11, 2011 2:16 pm

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The basis of allotment is more like a private placement rather than a public issue as the allotment favours employees and customers. 'Others', meaning the public, have got virtually nothing !! Mad

2011_NewComer · 25 Re: Union Bank Allotment Fri Mar 11, 2011 2:29 pm

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dimuthubas wrote:Finally I got 600 bcoz i use 5 other family members.. I applied only 300 per person.. in one way im happy.

This I feel & Realized even before the IPO, Genuinely they have selected the people and REALLY they didn't have any intention to offer more shares to outside inverters and only they wanted to treat the Existing share holders & its Customers.

Anyway I knew & guess that i might get only 100 per person..
better than nothing. good @ this Red Market.

How do you apply using family members? Do they also have CDS accounts? Like to know how to do that. please explain Smile

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Union Bank Allotment

1 Union Bank Allotment Fri Mar 11, 2011 12:26 pm

sandn

2 Re: Union Bank Allotment Fri Mar 11, 2011 12:30 pm

mark

3 Re: Union Bank Allotment Fri Mar 11, 2011 12:33 pm

CSE1

4 Re: Union Bank Allotment Fri Mar 11, 2011 12:35 pm

Slstock

5 Re: Union Bank Allotment Fri Mar 11, 2011 12:36 pm

ndnk

6 Re: Union Bank Allotment Fri Mar 11, 2011 12:38 pm

limestone

7 Re: Union Bank Allotment Fri Mar 11, 2011 12:38 pm

kuk83

8 Re: Union Bank Allotment Fri Mar 11, 2011 12:39 pm

Antonym

9 Re: Union Bank Allotment Fri Mar 11, 2011 12:40 pm

Gaja

10 Re: Union Bank Allotment Fri Mar 11, 2011 12:44 pm

Gaja

11 Re: Union Bank Allotment Fri Mar 11, 2011 12:47 pm

Gaja

12 Re: Union Bank Allotment Fri Mar 11, 2011 12:48 pm

dimuthubas

13 Re: Union Bank Allotment Fri Mar 11, 2011 12:49 pm

NightStalker

14 Re: Union Bank Allotment Fri Mar 11, 2011 12:50 pm

Meta Trader

15 Re: Union Bank Allotment Fri Mar 11, 2011 12:59 pm

wmdcf

16 Re: Union Bank Allotment Fri Mar 11, 2011 1:06 pm

swan03

17 Union Bank Shares Fri Mar 11, 2011 1:07 pm

kan

18 IPO Fri Mar 11, 2011 1:09 pm

yasser

19 Re: Union Bank Allotment Fri Mar 11, 2011 1:11 pm

Aamiable

20 Re: Union Bank Allotment Fri Mar 11, 2011 1:53 pm

ShareShares

21 Re: Union Bank Allotment Fri Mar 11, 2011 2:00 pm

Gaja

22 Re: Union Bank Allotment Fri Mar 11, 2011 2:06 pm

mark

23 Future IPO strategy Fri Mar 11, 2011 2:08 pm

milanka

24 Union Bank - PUBLIC issue or PRIVATE placement? Fri Mar 11, 2011 2:16 pm

Trader

25 Re: Union Bank Allotment Fri Mar 11, 2011 2:29 pm

2011_NewComer

26 Re: Union Bank Allotment

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