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What would be the future of Union Bank shares

+2
SL.Market
Sudarshen
6 posters

Go down  Message [Page 1 of 1]

Sudarshen


Manager - Equity Analytics
Manager - Equity Analytics

Gents,

What would be the future of Union Bank shares, Its all time high was 45.00. Will it be repeated ?
Why doesn't the following news make any improvement to its value.

http://www.cse.lk/cmt/uploadAnnounceFiles/5471320137865_1047.pdf

SL.Market

SL.Market
Vice President - Equity Analytics
Vice President - Equity Analytics

Donr warry.... UBC in up treand and nice to see that force buying happening....

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics

SL.Market wrote:Donr warry.... UBC in up treand and nice to see that force buying happening....

We know about force selling. What does it mean by "Force buying " ? When brokers do force buying ?

SL.Market

SL.Market
Vice President - Equity Analytics
Vice President - Equity Analytics

sapumal wrote:
SL.Market wrote:Donr warry.... UBC in up treand and nice to see that force buying happening....

We know about force selling. What does it mean by "Force buying " ? When brokers do force buying ?

It is not selling to buyers... but buy from sellers...
anyway will c...

Kithsiri

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

Sudarshen wrote:Gents,
What would be the future of Union Bank shares, Its all time high was 45.00. Will it be repeated ?
Why doesn't the following news make any improvement to its value.
http://www.cse.lk/cmt/uploadAnnounceFiles/5471320137865_1047.pdf
45 is unlikely to reach in the very near future but as a long term investment this is not a bad choice.
Good Luck. Very Happy

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

long term all banking shares seemto be good.

deep


Senior Equity Analytic
Senior Equity Analytic

PER is above 25... need at least 2 years to be fairly valued...

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