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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » PABC is going up. Any one knows the reason?

PABC is going up. Any one knows the reason?

+10
Meta Trader
MoneyMaker
mission
Gaja
ishnet
Rohitha
godswen
duke
cse.alpha
kam2011
14 posters

Go down  Message [Page 1 of 1]

kam2011


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Today suddenly PABC price is going up? any idea pl.

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

http://forum.srilankaequity.com/t3079-pan-asia-bank

Speculation that PABC first quarter results will show strong year-on-year profit growth.

News has probably been leaked to the market.

Most banks should do well - reduced income taxes will help a lot, and loan loss provisions will be lower, and loan growth is recovering.

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

subdivision of shares

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

kam2011 wrote:Today suddenly PABC price is going up? any idea pl.

It's a subdivision! Wink

http://www.cse.lk/cmt/upload_cse_announcements/9501303985643_.pdf

Rohitha


Stock Analytic
Stock Analytic

I have some PABC Shares.Is it good to keep those or sell at higher price?.How can I decide.What happen to price after sub devision.I mean can it be go down around 30Rs?

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

1Q results also out of PABC

Rs.196 mn net profit (against Rs.68 mn in 1Q of 2010)

http://www.cse.lk/cmt/upload_report_file/388_1303981114.pdf

ishnet

ishnet
Manager - Equity Analytics
Manager - Equity Analytics

I think share price will downgrade half of current price

Rohitha


Stock Analytic
Stock Analytic

Then better to sell those

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Rohitha wrote:I have some PABC Shares.Is it good to keep those or sell at higher price?.How can I decide.What happen to price after sub devision.I mean can it be go down around 30Rs?

Yes the price will go down by half.. But yo will get another share for every share you hold at the moment... That's what happen in a subdivision!

Rohitha


Stock Analytic
Stock Analytic

Thanks, Why they have not advertised the data of SD of shares?

godswen

godswen
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Rohitha wrote:Thanks, Why they have not advertised the data of SD of shares?

You mean the dates? Dates will be announced later after they get the approval at a General meeting of the company..

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

So this will also leaked to market well in advance, so any think related to commercial bank as well - http://www.lbo.lk/fullstory.php?nid=1368743764

mission


Manager - Equity Analytics
Manager - Equity Analytics

In a share spilt the market capitalisation will not change. that is there is no economic value added. but say if u have bought 1000 shares at 60 and on the day they split say the closing price is

1. rs 66 - then evetually u will have 2000 shares at a cost of 30. with a capital gain of 3 per share

2. rs 54 - then u will have 2000 shares at 30 with a loss of 3 per share.

MoneyMaker

MoneyMaker
Senior Equity Analytic
Senior Equity Analytic

Some people started collecting this share before the official announcement. This is wrong! It is insideer trading of somesort. CSE should carryout an investigation and identify the people who were responsible for the leakage and give them a jail sentence or something to that extent, so that this does not happen in the future and a warning to others.
We need to get these basics right at CSE for it to become a safer and profitable place for investors.

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

silent
where is tubal ?

Pichchiya


Senior Equity Analytic
Senior Equity Analytic

As most of you know some of the directors in PABC are not genuine and just want to make profits by manipulation.We were waiting for long time to recover our cost at least to some extent by investing on PABC with a little money that we have.Some of them get the information and make a huge profit within few hours.This is not good at all for the genuine small scale investors.They have many people to buy for them but others account.

wis


Manager - Equity Analytics
Manager - Equity Analytics

Our regulators can't or won't catch the fraudsters even if the thieves publish a full page advertisement on a newspaper or a web site saying 'We are insider trading. Do the justice. Please send a self-addressed stamped envelope to send the evidence.' Smile

npc86

npc86
Manager - Equity Analytics
Manager - Equity Analytics

My broker called & advised me to exit today around 57-58 level while I'm working.
But now I feel like අපරාදේ වික්කේ....! Embarassed


උන්නා හැටියට මලා මදැයි.. Smile Smile

wis


Manager - Equity Analytics
Manager - Equity Analytics

npc86 wrote:My broker called & advised me to exit today around 57-58 level while I'm working.
But now I feel like අපරාදේ වික්කේ....! Embarassed


උන්නා හැටියට මලා මදැයි.. Smile Smile

May be big investors advised the brokers to advise the small and not-important investors to sell the shares so that big investors can buy them and later big investors can advice the brokers to advise the small investors to buy them back from the big investors so that big investors can make a profit. Smile

dimithri


Equity Analytic
Equity Analytic

kam2011 wrote:Today suddenly PABC price is going up? any idea pl.


SUBDIVISION OF SHARES - ONE FOR ONE

npc86

npc86
Manager - Equity Analytics
Manager - Equity Analytics

wis wrote:
npc86 wrote:My broker called & advised me to exit today around 57-58 level while I'm working.
But now I feel like අපරාදේ වික්කේ....! Embarassed


උන්නා හැටියට මලා මදැයි.. Smile Smile

May be big investors advised the brokers to advise the small and not-important investors to sell the shares so that big investors can buy them and later big investors can advice the brokers to advise the small investors to buy them back from the big investors so that big investors can make a profit. Smile

May be wis,...So these stupid dependent brokers have forgotten about the people who made them profits in war period and who brought money to the CSE..!
Will take as another lesson from CSE...!

Embarassed Neutral

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

http://www.ft.lk/2011/04/29/pan-asia-bank-1q-net-profit-up-190-to-rs-196-m/

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