Amãna Bank goes for IPO and listing on the Bourse

Mr.Fox

Mr.Fox

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Now since the IPO is over lets keep fingers crossed. Although the issuing price is too high, the company never paid dividents and is loss making, THIS IS CSE. We have seen stock much worse than this being artificially inflated!

Redbulls

Redbulls

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Dec 24, 2013 (LBO) - Sri Lanka's Amana Bank has received 1.5 billion rupees of subscription for its initial public offer and would close on December 24, registrars to the issue said.

The bank offered 214.3 million shares at 7.0 rupees and a further 71.5 million shares if the first tranche was fully taken up.

The first tranche had been fully subscribed and the offer would be kept open till 4.30 pm today for any orders to the second tranche.

Amana offers Islamic banking services.
http://www.lankabusinessonline.com/news/sri-lanka-amana-bank-ipo-subscriptions-top-rs1.5bn/114803347

Redbulls

Redbulls

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http://www.cse.lk/cmt/upload_cse_announcements/7581388142874_.pdf

Redbulls

Redbulls

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http://www.cse.lk/cmt/upload_cse_announcements/8781389181426_.pdf

sriranga

sriranga

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http://www.cse.lk/cmt/upload_cse_announcements/3361390553606_.pdf

Aubrey Perera

Aubrey Perera

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This Thread was disgusting to look at you would think we were in the stone ages . Extremism at it's best . very sad to see. We have not learnt yet it seems. What matters is the profitability or loss making ability from an investment point of view. Not if it's run by 100% muslims or has 100% sinhala customers. I feel the admins too should nip this sort of thing in the bud and ban people from this site. Religious and racial intolerance, extremism should not be tolerated here. If we are vocal about CSE manipulation and everything else that goes with it , we should be vocal about everything that goes against the very principals of cohabitation and respect and compassion thought by all Gods. No religion teaches hatred to each other , it's the mortals that twist these teachings to suit their own agenda's .

Admins you guys should delete this thread. Even though some sort of valid discussion takes place about the Amana IPO. You can't help but notice the racial under currents, which over ride the actual topic.

Fresher

Fresher

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@Aubrey Perera wrote:This Thread was disgusting to look at you would think we were in the stone ages . Extremism at it's best . very sad to see. We have not learnt yet it seems. What matters is the profitability or loss making ability from an investment point of view. Not if it's run by 100% muslims or has 100% sinhala customers. I feel the admins too should nip this sort of thing in the bud and ban people from this site. Religious and racial intolerance, extremism should not be tolerated here. If we are vocal about CSE manipulation and everything else that goes with it , we should be vocal about everything that goes against the very principals of cohabitation and respect and compassion thought by all Gods. No religion teaches hatred to each other , it's the mortals that twist these teachings to suit their own agenda's .

Admins you guys should delete this thread. Even though some sort of valid discussion takes place about the Amana IPO. You can't help but notice the racial under currents, which over ride the actual topic.

What's with you digging up old threads? Let them rest.

smallville

smallville

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@Aubrey Perera wrote:This Thread was disgusting to look at you would think we were in the stone ages . Extremism at it's best . very sad to see. We have not learnt yet it seems. What matters is the profitability or loss making ability from an investment point of view. Not if it's run by 100% muslims or has 100% sinhala customers. I feel the admins too should nip this sort of thing in the bud and ban people from this site. Religious and racial intolerance, extremism should not be tolerated here. If we are vocal about CSE manipulation and everything else that goes with it , we should be vocal about everything that goes against the very principals of cohabitation and respect and compassion thought by all Gods. No religion teaches hatred to each other , it's the mortals that twist these teachings to suit their own agenda's .

Admins you guys should delete this thread. Even though some sort of valid discussion takes place about the Amana IPO. You can't help but notice the racial under currents, which over ride the actual topic.

Mate, given the nature of the subject being discussed avoidence of those racism and other facts were unpreventable. After all we were discussing an IPO based on so many Islamic beliefs and many had the question whether we should also beleive in them to invest in this. Later on many facts were revelaed relevant or irrevalant and we got some idea on the bank.

However, if you take the spirit of this, the IPO was over valued but oversubscribed as we predicted. And it saw the same fate as predicted by us what would happen to another over priced IPO. So I dont think more probin is necessary as you cal look at the price now.

Aubrey Perera

Aubrey Perera

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Wasn't digging up old threads Fresher. This thread was given to me by a fellow member to my question about Amana share price.. Smalls I agree but I think you guys let the racial banter go on for too long . analyzing a share on beliefs that we sometimes don't understand is one thing, insulting peoples beliefs and dragging racial and religious disharmony to this site is another thing. Admins of all should know this and apply the rules accordingly.

Fresher

Fresher

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Aubrey - then what was the reason for digging up the deepti perera thread? Stirring up controversy?

Small - on a sidenote, nowadays even if an issue struggles to get subscribed, once it finally does in the last minutes, they still advertised as "oversubscribed". I'd rather call it (finally) fully subscribed. there is nothing 'over' about it Wink

Aubrey Perera

Aubrey Perera

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Fresher You need to read a bit before making wild accusations. the Deepthi controversy was in full swing with many members commenting look at the number of pages and views if you haven't. FYI when I see comments on a thread that I have commented I re comment. in a forum this is what you do isn't it? . Sometimes when you check your account after a few days you don't notice the comments and re comment. Stirring controversy ? dude that whole thread is controversial. get your facts straight.

Fresher

Fresher

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@Aubrey Perera wrote:Fresher You need to read a bit before making wild accusations. the Deepthi controversy was in full swing with many members commenting look at the number of pages and views if you haven't. FYI when I see comments on a thread that I have commented I re comment. in a forum this is what you do isn't it? . Sometimes when you check your account after a few days you don't notice the comments and re comment. Stirring controversy ? dude that whole thread is controversial. get your facts straight.

let it rest

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