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24-Oct-2013 Corporate Disclosure - UBC

+14
Gaja
gamaya
Kithsiri
rainmaker
suddera
balapas
worthiness
sandunj
mark
seek
raezor
VISA
Arena
sriranga
18 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

124-Oct-2013 Corporate Disclosure - UBC Empty 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 10:34 am

sriranga

sriranga
Co-Admin

24-Oct-2013 Corporate Disclosure - UBC Captur10

http://www.cse.lk/cmt/upload_cse_announcements/4321382586227_.pdf

http://sharemarket-srilanka.blogspot.co.uk/

224-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 10:48 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

It has received an indication of interest from a global institution.....in making an investment in union bank

They are making public announcements for indications received.
???????????????????????????????????????

Immotional director board. lol! lol! 



324-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 10:59 am

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

good move to inform public. even deal may not materialize.
good for transparency.

424-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:03 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

When you are a reputed businessman or a business you will get indications every week from local and foreign parties. No point of making an announcement if the deal is so small. (At least 5% of the assets value).

Any way Union bank has a big room to grow.

524-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:09 am

raezor


Equity Analytic
Equity Analytic

I thought NDB is buying... Smile 

624-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:10 am

seek


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?

724-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:13 am

mark

mark
Expert
Expert

i think its an old story which gonna repeat

24-Oct-2013 Corporate Disclosure - UBC Qui310


Not sure ......... ok

824-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:13 am

sandunj


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

High possibility it will be a foreign investor...

924-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:14 am

raezor


Equity Analytic
Equity Analytic

seek wrote:
VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?
good point ... Rolling Eyes 

1024-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:19 am

sandunj


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

raezor wrote:
seek wrote:
VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?
good point ... Rolling Eyes 

As per my knowledge ... Nope
Let us see guys...
Im holding UBC from some time @ 15.60 and also i asked forum members to buy
but not anyone interested

1124-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:22 am

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

raezor wrote:
seek wrote:
VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?
good point ... Rolling Eyes 
it is better than rumour spread by faceless men.

1224-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:25 am

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Indication of interest is a merely a statement that may have or may not have intrinsic worth. Whatever, it might cause to develop a sentimental value among certain investors which push up the index today.

1324-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:35 am

balapas


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

mark wrote:i think its an old story which gonna repeat

24-Oct-2013 Corporate Disclosure - UBC Qui310


Not sure ......... ok
If you want old story repeated read this from 2001 , 12 years ago

http://www.island.lk/2001/01/07/news01.html

Anyway seems like NDB out and UBC is desperate for someone to buy a stake. I saw a 2mn parcel exchange wonder what it was about



Last edited by balapas on Thu Oct 24, 2013 11:37 am; edited 1 time in total

1424-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:36 am

suddera

suddera
Manager - Equity Analytics
Manager - Equity Analytics

VISA wrote:
raezor wrote:
seek wrote:
VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?
good point ... Rolling Eyes 
it is better than rumour spread by faceless men.
No difference between a rumor and this type of vague statement.



Last edited by suddera on Thu Oct 24, 2013 11:50 am; edited 1 time in total

1524-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 11:45 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

What I wanted to highlight is .........This is one of childish announcment we saw in the CSE web site. Some body from sec should read these things prior to announce.

I dont see any value of this statement what so ever.
The word "indication" is good for a love story not for an announcement to shareholders.

At least it should say the % value of the transaction they are looking for like what JKH did by saying they are going to go for a
project worth more than 50% of the comapny equity.

I am quesstioning the quality of the management reporting. no question with the business or the share price.

Simply poor reporting..........................The board member who gave the approval for this should be sacked immediatly since he is not mature enough for the possition.................

1624-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 12:38 pm

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

suddera wrote:
VISA wrote:
raezor wrote:
seek wrote:
VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?
good point ... Rolling Eyes 
it is better than rumour spread by faceless men.
No difference between a rumor and this type of vague statement.
read the statement. yes it could be interpreted any way you want , but it say some sort of investment on the bank is consider by a global financial institute. for me that is a important information.

Not like previous reports it was not said by "well informed banking sources" (my faceless man). it was issued by bank CEO who has good reputation. Market will decide what he say in the statement. let see.
this is good trend to follow.

1724-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 1:24 pm

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

2 nd Para again says.

"The board wises to state that the indication of interest is not an offer of what ever nature relating to an investment in Union bank.......

Can you clarify this for me.
No hard feeling  Very Happy



Last edited by Arena on Thu Oct 24, 2013 1:52 pm; edited 1 time in total

1824-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 1:30 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Do you know who Reshani Dangalla is ?? Wink 

1924-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 1:50 pm

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

I agree that it was Poor Reporting but it helped to jump the price up by almost 2/=. Very Happy 
(make hay while the sun shines).Smile

2024-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 1:56 pm

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Very correct.
I dont comment on the price or the reality of this said investment. Price will hit 20 or 22. UBC IPO was at 25 if not mistaken ?

Any way good luck but be carefule. Who ever bough at 17 (2m) may unload like what we saw with PCH at 22..................N Perera's case



Dangalle is an old story no bro ........................?

2124-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Fri Oct 25, 2013 10:56 am

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

If its a real deal the market would have already told the story.
If not its called sucker news.

2224-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Fri Oct 25, 2013 11:01 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

So far little above 5.2 Millions shares traded and now at 17.90

2324-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Fri Oct 25, 2013 5:51 pm

Jana1


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

If SEC is active then they could catch culprit of the UBC push-pull drama....Smile

2424-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Fri Oct 25, 2013 8:28 pm

mark

mark
Expert
Expert

balapas wrote:
mark wrote:i think its an old story which gonna repeat

24-Oct-2013 Corporate Disclosure - UBC Qui310


Not sure ......... ok
If you want old story repeated read this from 2001 , 12 years ago

http://www.island.lk/2001/01/07/news01.html

Anyway seems like NDB out and UBC is desperate for someone to buy a stake. I saw a 2mn parcel exchange wonder what it was about

hello balapas Smile

Further its said that UBC going to start it as a JV..

who knows., btw it was a good pump yesterday Smile

2524-Oct-2013 Corporate Disclosure - UBC Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Sat Oct 26, 2013 3:36 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

VISA wrote:
suddera wrote:
VISA wrote:
raezor wrote:
seek wrote:
VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?
good point ... Rolling Eyes 
it is better than rumour spread by faceless men.
No difference between a rumor and this type of vague statement.
read the statement. yes it could be interpreted any way you want , but it say some sort of investment on the bank is consider by a global financial institute. for me that is a important information.

Not like previous reports it was not said by "well informed banking sources" (my faceless man). it was issued by bank CEO who has good reputation. Market will decide what he say in the statement. let see.
this is good trend to follow.
Meh.... to my tiny mind, this announcement comes just as a wake up call for the ppl who didnt look at UBC as a trading share for sometime. Twisted Evil 

If you ask me, this announcement is hilarious n cunning, just grade 5 work of a CEO... Financial institutes get attention and if they disclose each and every one, there'll be many per month. Regardless of materialization of this, CEO should've not led the public mislead. Cuz there itself it said, its not an investment just an interest.. What kind of statement is that????

Heck.. this is like u tell a girl that ur interested in her but not to tie the knot wit her.... Cuz later on u can tell her, ur prev boy was a thug so u dropped the idea.. Laughing 


Kithsiri wrote:I agree that it was Poor Reporting but it helped to jump the price up by almost 2/=. Very Happy 
(make hay while the sun shines).Smile
Just a wake up call Wink but chart showed a buy in 16s.. so IDK..

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