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will the EXPO shares will start trading on 9th?

+6
cse.alpha
surf
TortoizePlus
hhperera
milanka
TuskerLK
10 posters

Go down  Message [Page 1 of 1]

TuskerLK

TuskerLK
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Expolanka Holdings Limited – Initial Public Offering 2011-06-02
Further to your application for ************* shares we confirm that you have been allocated *********** shares on 30th may 2011.
Your shareswill be lodged in your CDS account no. XXXXXXXXXXXXXXXXXXXX as instructed by you on or before 9th June 2011.
Yours faithfully,

Sgd
S S P CPRPORATE SERVICES (PRIVATE) LIMITED
REGISTARERS OF TE ISSUE

----------------------------

The above letter say the shares will be lodged on or before 9th, is it conveys any clue on the first day of trading.

milanka

milanka
Vice President - Equity Analytics
Vice President - Equity Analytics

tinyman wrote:
The above letter say the shares will be lodged on or before 9th, is it conveys any clue on the first day of trading.

Yes. Approximate clue.

http://forum.srilankaequity.com/u188

hhperera


Equity Analytic
Equity Analytic

From what I understand they Expo hasn't released financial y '11 results. Is my statement accurate, or am i missing something?

(trying to gather if this will affect the trading price once it does start trading)

TortoizePlus

TortoizePlus
Manager - Equity Analytics
Manager - Equity Analytics

I am waiting to see the 'Drama' when it starts trading due to private placement issue. I don't worry if price comes below IPO price within first two days.

surf


Equity Analytic
Equity Analytic

TortoizePlus wrote:I am waiting to see the 'Drama' when it starts trading due to private placement issue. I don't worry if price comes below IPO price within first two days.

I'm agreed that it is overpriced and i don't have any confident about expolanka at short term.But i would like to remind you one thing about the HVA IPO. there were lot of rumors about the share price.But it was risen up.Same thing might not be happen in here.But it will have very good future.

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

If lodging by 9th, trading would normally start a couple of days later, maybe Monday the 13th.

9th is Softlogic IPO open date, so Expo may not want to clash with that.

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

milanka wrote:
tinyman wrote:
The above letter say the shares will be lodged on or before 9th, is it conveys any clue on the first day of trading.

Yes. Approximate clue.
They usually lodge the shares two marketing days prior to the commencing day of trading..

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

http://forum.srilankaequity.com/t4135-what-would-be-the-starting-price-of-expo?highlight=expo

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

...

GJ


Manager - Equity Analytics
Manager - Equity Analytics

it will be trading 9th
GJ

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

great thanks..

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