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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » UBC I told you...

UBC I told you...

Go down  Message [Page 1 of 1]

1UBC I told you... Empty UBC I told you... Wed Apr 03, 2013 3:40 pm

troy

troy
Moderator
Moderator
Look my post on 13/03/2013...
My broker is dancing today Laughing

2UBC I told you... Empty Re: UBC I told you... Wed Apr 03, 2013 3:54 pm

salt

salt
Vice President - Equity Analytics
Vice President - Equity Analytics
Not only UBC, all banks
In fact all other banks were going up recently
UBC, I don't know , this is turning speculative

3UBC I told you... Empty Re: UBC I told you... Thu Apr 04, 2013 5:48 pm

nalaka_sg


Manager - Equity Analytics
Manager - Equity Analytics
can anyone explain what's going on with UBC ...where is it heading ? Shocked

4UBC I told you... Empty Re: UBC I told you... Thu Apr 04, 2013 6:12 pm

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@nalaka_sg wrote:can anyone explain what's going on with UBC ...where is it heading ? Shocked

It is going to get merged with CITY BANK internationaly - and For Srilankan Unit the Price is somewhere around ** so this might shoot up to that level ..

But now it is too high priced around 18 would have beeing okay i feel ..?

5UBC I told you... Empty Re: UBC I told you... Thu Apr 04, 2013 7:11 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@sanju351 wrote:
@nalaka_sg wrote:can anyone explain what's going on with UBC ...where is it heading ? Shocked

It is going to get merged with CITY BANK internationaly - and For Srilankan Unit the Price is somewhere around ** so this might shoot up to that level ..

But now it is too high priced around 18 would have beeing okay i feel ..?

From where do u get this info?

6UBC I told you... Empty Re: UBC I told you... Thu Apr 04, 2013 7:23 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
UBS Swiss bank and CITI may merge. Nothing to do with UBC.
Total bull****. Need to delete the comment regarding the price by Sanju.
(misleading)

7UBC I told you... Empty Re: UBC I told you... Thu Apr 04, 2013 8:54 pm

nalaka_sg


Manager - Equity Analytics
Manager - Equity Analytics
whatever the reason .but its seems like not going to last long Question its going up too fast..is that any dividend announcement coming up near future ?

8UBC I told you... Empty Re: UBC I told you... Thu Apr 04, 2013 11:05 pm

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@smallville wrote:
@sanju351 wrote:
@nalaka_sg wrote:can anyone explain what's going on with UBC ...where is it heading ? Shocked

It is going to get merged with CITY BANK internationaly - and For Srilankan Unit the Price is somewhere around ** so this might shoot up to that level ..

But now it is too high priced around 18 would have beeing okay i feel ..?

From where do u get this info?

From one of my Brokers - Bartleet

9UBC I told you... Empty Re: UBC I told you... Thu Apr 04, 2013 11:08 pm

sanju351

sanju351
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Redbulls wrote:UBS Swiss bank and CITI may merge. Nothing to do with UBC.
Total bull****. Need to delete the comment regarding the price by Sanju.
(misleading)

Anyway CITI Bank is to close its operations in Sri Lanka - It is in the banking news - They may Buy a stake in UBC and will in return transfer the Business that they have in Sri Lanka.

10UBC I told you... Empty Re: UBC I told you... Fri Apr 05, 2013 8:18 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
If CITI bank wanted to exit from SL why the hell they should buy UBC with a capital infusion?
These brokers should be damn jobless these days..

However, CITI's CCO said otherwise;
http://www.nation.lk/edition/news-online/item/16139-will-citibank-close-down-operations-in-sri-lanka?.html

So CITI bank started closing down local accounts but denied claims that the bank is planning to close operations in Sri Lanka.

we are trying to increase profitability by increasing focus on niche clientele. We have client focused sectors and due to our global presence we have the biggest strength to access international market. For us, there is no point competing with the domestic banks,” he said.

Despite all this if CITI bank exits, the contrary could happen.. Someone must anchor the CITI bank and its employees.

11UBC I told you... Empty Re: UBC I told you... Fri Apr 05, 2013 8:32 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@smallville wrote:If CITI bank wanted to exit from SL why the hell they should buy UBC with a capital infusion?
These brokers should be damn jobless these days..

However, CITI's CCO said otherwise;
http://www.nation.lk/edition/news-online/item/16139-will-citibank-close-down-operations-in-sri-lanka?.html

So CITI bank started closing down local accounts but denied claims that the bank is planning to close operations in Sri Lanka.

we are trying to increase profitability by increasing focus on niche clientele. We have client focused sectors and due to our global presence we have the biggest strength to access international market. For us, there is no point competing with the domestic banks,” he said.

Despite all this if CITI bank exits, the contrary could happen.. Someone must anchor the CITI bank and its employees.

CITI lost the case. They don't want to wait for the fine

12UBC I told you... Empty Re: UBC I told you... Fri Apr 05, 2013 8:45 am

samcader


Manager - Equity Analytics
Manager - Equity Analytics
When American Express closed down operations in Sri Lanka NTB took over I feel that UBC may be in the same position vis a vis Citi Bank

13UBC I told you... Empty Re: UBC I told you... Fri Apr 05, 2013 8:55 am

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@rainmaker wrote:

CITI lost the case. They don't want to wait for the fine

That's news.. wats de scene?

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