have you all observed that Merchant Bank of Sri Lanka MBSL is on the move up. two months ago it was around 13 and today it has passed 16+.
my first ever IPO I subscribed for is MBSL and I made a good profit by putting IPO applications on all my family members name. I can remember this stock went up to 150/- levels too in good old days.
is has a good backing from BOC.
I still hold some MBSL which I bought at 25/- levels some time back .
hope this stock do well in the near furture...
thanks