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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Union Bank - UBC

Union Bank - UBC

+5
DealKing
daminda
SuGi
Eng Krishantha
Santa
9 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1Union Bank - UBC Empty Union Bank - UBC Thu Aug 07, 2014 10:21 am

Santa

Santa
Manager - Equity Analytics
Manager - Equity Analytics

What do you think.

2Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 07, 2014 10:48 am

Eng Krishantha

Eng Krishantha
Expert
Expert

Deal @ 24

3Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 07, 2014 11:11 am

Eng Krishantha

Eng Krishantha
Expert
Expert

Laughing 

4Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 07, 2014 11:36 am

SuGi

SuGi
Manager - Equity Analytics
Manager - Equity Analytics

Eng Krishantha wrote:Deal @ 24

24 is Exit point? or more?

5Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 07, 2014 8:18 pm

Eng Krishantha

Eng Krishantha
Expert
Expert

Deal @ 24.. but it can be reach Rs.25 or more..

6Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 07, 2014 9:53 pm

SuGi

SuGi
Manager - Equity Analytics
Manager - Equity Analytics

Eng Krishantha wrote:Deal @ 24.. but it can be reach Rs.25 or more..

Sounds good  santa 

7Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 07, 2014 10:11 pm

daminda


Senior Equity Analytic
Senior Equity Analytic

?Paper deal

8Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 07, 2014 11:55 pm

Eng Krishantha

Eng Krishantha
Expert
Expert

Yeap..
will see what happen tomorrow..

9Union Bank - UBC Empty Re: Union Bank - UBC Mon Aug 11, 2014 10:44 pm

SuGi

SuGi
Manager - Equity Analytics
Manager - Equity Analytics

I will exit @ 23.50 tommorow.... Arrow 

10Union Bank - UBC Empty Re: Union Bank - UBC Tue Aug 12, 2014 12:15 am

Eng Krishantha

Eng Krishantha
Expert
Expert

why....

11Union Bank - UBC Empty Re: Union Bank - UBC Tue Aug 12, 2014 12:23 am

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

US based TPG Capital will buy nearly 75% stake of Union Bank via a private placement and acquisition of shares from the market trades.

Accordingly the share capital of UBC will be increased since 50% bank will be acquired by private placement of new shares whilst existing strategic investors such as Alexis Indrajith Lovell will not sell his shares and other directors will also not sell their shares.

Further TPG will buy the remaining 25% from existing public shareholders from the market.
The Deal will be done at Rs.25 per share according to Union Bank insiders.

Await the announcement at Colombo Stock Exchange.

This is not a promotion but truth.

forum.srilankaequity.com/t35710-tpg-capital-to-buy-75-take-of-union-bank?highlight=union+bank

12Union Bank - UBC Empty Re: Union Bank - UBC Tue Aug 12, 2014 2:13 am

Eng Krishantha

Eng Krishantha
Expert
Expert

SuGi wrote:I will exit @ 23.50 tommorow.... Arrow 

so wait..

13Union Bank - UBC Empty Re: Union Bank - UBC Tue Aug 12, 2014 12:28 pm

SuGi

SuGi
Manager - Equity Analytics
Manager - Equity Analytics

DealKing wrote:US based TPG Capital will buy nearly 75% stake of Union Bank via a private placement and acquisition of shares from the market trades.

Accordingly the share capital of UBC will be increased since 50% bank will be acquired by private placement of new shares whilst existing strategic investors such as Alexis Indrajith Lovell will not sell his shares and other directors will also not sell their shares.

Further TPG will buy the remaining 25% from existing public shareholders from the market.
The Deal will be done at Rs.25 per share according to Union Bank insiders.

Await the announcement at Colombo Stock Exchange.

This is not a promotion but truth.

forum.srilankaequity.com/t35710-tpg-capital-to-buy-75-take-of-union-bank?highlight=union+bank


 Are u sure about this? Cool 

14Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 14, 2014 7:12 pm

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Eng and dealking hope now u can understand that big fishes uses people like u and dump it, and forum admin, what actions u all going to take to stop this kind of promotion in the future

15Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 14, 2014 8:38 pm

sirimevan

sirimevan
Manager - Equity Analytics
Manager - Equity Analytics

Dont worry they are purchasing 2% from the mandatory offer and it would be at 25/-
that is around 14.8 million shares from the public

16Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 14, 2014 8:41 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Top Trader wrote:Eng and dealking hope now u can understand that big fishes uses people like u and dump it, and forum admin, what actions u all going to take to stop this kind of promotion in the future
Kiyanna Kese kiwath Asanna Sihi Buddiyen Asiya Utiy Very Happy

17Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 14, 2014 8:50 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Dear TT

As you know our work has been stretched to the Max and in our little time available we tend to filter most of the posts as much as we can.

I am Inviting you to be in our panel to monitor such posts so that you can moderate them effectively.

Please PM me should you accept my personal Invitation to be in our Mod Panel Very Happy

This will be excellent opportunity to serve our Innocent Retailers & members in general alike.

Yours Sincerely
SHARK

18Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 14, 2014 8:59 pm

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Also DK has been giving us fabulous insights and has been generous to share the information to our membership.

But there is a bigger responsibility on our part to verify such news articles through our various channels example broker reps etc before we commit ourselves.

Anyhow sometimes we tend to be on the right side and sometime its the opposite.

So we should be careful in the future when we get raw information, and its all about following ones own gut feeling & member reputation.

Regards
SHARK

19Union Bank - UBC Empty Re: Union Bank - UBC Thu Aug 14, 2014 9:19 pm

Top Trader


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Dear Shark,

Thanks for the offer, but am sorry am not in a position to accept it, what I wanted to tell is forum, might face unwanted situations if certain thinks go beyond certain level, I hope u still remember what happen to investor.lk.

I agree it's individual members responsibility to take their own decision, but when the people who read the post without experience, might lose the hard earned money.

See after all now another come and says ubc mandatory offer will be at 25/=, it might even come true, if not and if somebody bought! then they will lose the money

20Union Bank - UBC Empty Re: Union Bank - UBC Fri Aug 15, 2014 1:51 am

Eng Krishantha

Eng Krishantha
Expert
Expert

Dear all,
First of all I am really sorry about this situation. But, when i was creating this comment that dealing price was decided @ 24.00 and I am not the only person who knew this news. Due to that reason UBC reached 24 from 21. So it is almost dealing price 24. Suddenly something was happened. Actually I can’t believe. Anyway don’t panic, will see what happen tomorrow.
If I have made thousands of good thinks, most of people are not appreciate..
But, if unfortunately one things wrong lot of them are blaming….
Anyway I was not trying to misguide anyone.. only try to inform that news….
From my FORUM history..
1) I recommended  LIOC at 28 stage and it was reached  45
2) REXP at 72 now it 120.
3) CIFL at 0.9(before 7month ) now 2.5
4) REG at 68 now 80
5) COCR at 21.5 now 29
6) COCO at 16.5 now 19
7) OSEA at 21.5 now 24.5
Cool CFVF @ 27 stage, i have provided detail of profit before statement coming.
9) Ect…..
10) I fail with MHDL, i recommended at 6.2 but this time Q report having losses.
Lot of them (who are conducting major roles of the forum) are recommend PCHH but
I strongly reject…. Now what happen….
I am always trying to securer people’s rights.

21Union Bank - UBC Empty Re: Union Bank - UBC Fri Aug 15, 2014 3:00 am

SHARK aka TAH

SHARK aka TAH
Expert
Expert

Eng Krishantha wrote:Dear all,
First of all I am really sorry about this situation. But, when i was creating this comment that dealing price was decided @ 24.00 and I am not the only person who knew this news. Due to that reason UBC reached 24 from 21. So it is almost dealing price 24. Suddenly something was happened. Actually I can’t believe. Anyway don’t panic, will see what happen tomorrow.
If I have made thousands of good thinks, most of people are not appreciate..
But, if unfortunately one things wrong lot of them are blaming….
Anyway I was not trying to misguide anyone.. only try to inform that news….
From my FORUM history..
1) I recommended  LIOC at 28 stage and it was reached  45
2) REXP at 72 now it 120.
3) CIFL at 0.9(before 7month ) now 2.5
4) REG at 68 now 80
5) COCR at 21.5 now 29
6) COCO at 16.5 now 19
7) OSEA at 21.5 now 24.5
Cool CFVF @ 27 stage, i have provided detail of profit before statement coming.
9) Ect…..
10) I fail with MHDL, i recommended at 6.2 but this time Q report having losses.
Lot of them (who are conducting major roles of the forum) are recommend PCHH but
I strongly reject…. Now what happen….
I am always trying to securer people’s rights.
Thanks Eng Very Happy Yes you have been great individual and a class apart ...... Please keep members informed with Disclosure Clause "Please due your own due diligence" that should suffice.

SHARK

22Union Bank - UBC Empty Re: Union Bank - UBC Fri Aug 15, 2014 5:10 am

DealKing

DealKing
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SEC will reccomend Alex Lovell to buy 7% of the 75% from the market at Rs.25 per share.Otherwise top citizens in the country will oust Alex Lovel from the country and cancel his visa and everything and seize his assets since Alex Lovel is related to Kalinga Maga and Pandyan Kings of India who invaded the Sri Lanka in ancient history.

I got this information from Business Basil.

23Union Bank - UBC Empty Re: Union Bank - UBC Fri Aug 15, 2014 8:23 am

sirimevan

sirimevan
Manager - Equity Analytics
Manager - Equity Analytics

Sec has approved the deal only if they agreed to purchase the remaining shares to be bought at the IPO price, trough mandatory offer

24Union Bank - UBC Empty Re: Union Bank - UBC Fri Aug 15, 2014 11:47 am

sirimevan

sirimevan
Manager - Equity Analytics
Manager - Equity Analytics

is this not what i said yesterday,

25Union Bank - UBC Empty Re: Union Bank - UBC Fri Aug 15, 2014 11:58 am

Meman


Manager - Equity Analytics
Manager - Equity Analytics

DealKing wrote:SEC will reccomend Alex Lovell to buy 7% of the 75% from the market at Rs.25 per share.Otherwise top citizens in the country will oust Alex Lovel from the country and cancel his visa and everything and seize his assets since Alex Lovel is related to Kalinga Maga and Pandyan Kings of India who invaded the Sri Lanka in ancient history.

I got this information from Business Basil.

Hail the king  Very Happy 

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