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Sri Lanka Equity Forum » Stock Market Talk » UNION BANK (UBC) to be takeover by Union bank of india

UNION BANK (UBC) to be takeover by Union bank of india

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Soilconomy


Equity Analytic
Equity Analytic
I got a news that Union bank of India is trying to takeover majority of shares of UBC(Union bank of Sri lanka).With the international takeover like this would be great for UBC.
Did anyone got any news about this?

Teller

Teller
Moderator
Moderator
those who has invested UBC are in a huge losses at the moment. 200-300% price drop


_________________
Teller said is said..

Lucky Gamage

Lucky Gamage
Manager - Equity Analytics
Manager - Equity Analytics
Repurchase price is 15/-

aklt


Stock Analytic
Stock Analytic
Whats a 200-300% price drop?? @Teller

niru


Manager - Equity Analytics
Manager - Equity Analytics
It was stared trading @45/- in IPO (2011). Since then downwards....

Teller

Teller
Moderator
Moderator
compare to its industry , UBC performance is considerably Poor


_________________
Teller said is said..

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