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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » 24-Oct-2013 Corporate Disclosure - UBC

24-Oct-2013 Corporate Disclosure - UBC

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2124-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 12:38 pm

VISA


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@suddera wrote:
@VISA wrote:
@raezor wrote:
@seek wrote:
@VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?
good point ... Rolling Eyes 
it is better than rumour spread by faceless men.
No difference between a rumor and this type of vague statement.
read the statement. yes it could be interpreted any way you want , but it say some sort of investment on the bank is consider by a global financial institute. for me that is a important information.

Not like previous reports it was not said by "well informed banking sources" (my faceless man). it was issued by bank CEO who has good reputation. Market will decide what he say in the statement. let see.
this is good trend to follow.

2224-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 1:24 pm

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
2 nd Para again says.

"The board wises to state that the indication of interest is not an offer of what ever nature relating to an investment in Union bank.......

Can you clarify this for me.
No hard feeling  Very Happy



Last edited by Arena on Thu Oct 24, 2013 1:52 pm; edited 1 time in total

2324-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 1:30 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Do you know who Reshani Dangalla is ?? Wink 

2424-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 1:50 pm

Kithsiri


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
I agree that it was Poor Reporting but it helped to jump the price up by almost 2/=. Very Happy 
(make hay while the sun shines).Smile

2524-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Thu Oct 24, 2013 1:56 pm

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Very correct.
I dont comment on the price or the reality of this said investment. Price will hit 20 or 22. UBC IPO was at 25 if not mistaken ?

Any way good luck but be carefule. Who ever bough at 17 (2m) may unload like what we saw with PCH at 22..................N Perera's case



Dangalle is an old story no bro ........................?

2624-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Fri Oct 25, 2013 10:56 am

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
If its a real deal the market would have already told the story.
If not its called sucker news.

2724-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Fri Oct 25, 2013 11:01 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
So far little above 5.2 Millions shares traded and now at 17.90

2824-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Fri Oct 25, 2013 5:51 pm

Jana1


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
If SEC is active then they could catch culprit of the UBC push-pull drama....Smile

2924-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Fri Oct 25, 2013 8:28 pm

mark

mark
Expert
Expert
@balapas wrote:
@mark wrote:i think its an old story which gonna repeat

24-Oct-2013 Corporate Disclosure - UBC - Page 2 Qui310


Not sure ......... ok
If you want old story repeated read this from 2001 , 12 years ago

http://www.island.lk/2001/01/07/news01.html

Anyway seems like NDB out and UBC is desperate for someone to buy a stake. I saw a 2mn parcel exchange wonder what it was about

hello balapas Smile

Further its said that UBC going to start it as a JV..

who knows., btw it was a good pump yesterday Smile

3024-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Sat Oct 26, 2013 3:36 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@VISA wrote:
@suddera wrote:
@VISA wrote:
@raezor wrote:
@seek wrote:
@VISA wrote:good move to inform public. even deal may not materialize.
good for transparency.

or an attempt by some one to exit?
good point ... Rolling Eyes 
it is better than rumour spread by faceless men.
No difference between a rumor and this type of vague statement.
read the statement. yes it could be interpreted any way you want , but it say some sort of investment on the bank is consider by a global financial institute. for me that is a important information.

Not like previous reports it was not said by "well informed banking sources" (my faceless man). it was issued by bank CEO who has good reputation. Market will decide what he say in the statement. let see.
this is good trend to follow.
Meh.... to my tiny mind, this announcement comes just as a wake up call for the ppl who didnt look at UBC as a trading share for sometime. Twisted Evil 

If you ask me, this announcement is hilarious n cunning, just grade 5 work of a CEO... Financial institutes get attention and if they disclose each and every one, there'll be many per month. Regardless of materialization of this, CEO should've not led the public mislead. Cuz there itself it said, its not an investment just an interest.. What kind of statement is that????

Heck.. this is like u tell a girl that ur interested in her but not to tie the knot wit her.... Cuz later on u can tell her, ur prev boy was a thug so u dropped the idea.. Laughing 


@Kithsiri wrote:I agree that it was Poor Reporting but it helped to jump the price up by almost 2/=. Very Happy 
(make hay while the sun shines).Smile
Just a wake up call Wink but chart showed a buy in 16s.. so IDK..

3124-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Sat Oct 26, 2013 4:47 pm

samcader


Manager - Equity Analytics
Manager - Equity Analytics
Pump and dump first it was Touchwood therefter UBC WHAT NEXT? CSE should keep a watchful eye

3224-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Sat Oct 26, 2013 5:02 pm

K.Haputantri

K.Haputantri
Co-Admin
@samcader wrote:Pump  and  dump  first  it was  Touchwood  therefter UBC  WHAT  NEXT? CSE   should  keep  a watchful  eye
If no investment comes through as per the disclosure the SEC must ask for explanations from the board of directors about unfounded story of a possible investment.

3324-Oct-2013 Corporate Disclosure - UBC - Page 2 Empty Re: 24-Oct-2013 Corporate Disclosure - UBC Wed Oct 30, 2013 2:00 pm

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Arena wrote:
Dangalle is an old story no bro ........................?
They must be looking to sell out.... Could be them and others ???

http://www.gentinghk.com/media/4006/E019UnionBank8Jun10.pdf

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