Softlogic IPO

mabhana · 1 Softlogic IPO Sat Jul 02, 2011 4:42 pm

mabhana

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I got 500 shares from softlogic. When it come to market? will it be a another EXPO?

kkahapola · 2 Re: Softlogic IPO Sat Jul 02, 2011 5:03 pm

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mabhana wrote:I got 500 shares from softlogic. When it come to market? will it be a another EXPO?

yes most probably

ssb · 3 Re: Softlogic IPO Sat Jul 02, 2011 9:17 pm

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ya sort of Sad

rijayasooriya · 4 Re: Softlogic IPO Sat Jul 02, 2011 9:31 pm

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mabhana wrote:I got 500 shares from softlogic. When it come to market? will it be a another EXPO?

Most probably.
If u are long term invester this will not cause much trouble.
Otherwise be in ur broker company early in the morning of trading day and sell as quickly as possible.
There are rumours shares will be lodged on ur account on 6th July. So trading may commence after 2 market days.

cmnet123 · 5 Re: Softlogic IPO Sun Jul 03, 2011 12:30 pm

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rijayasooriya wrote:

mabhana wrote:I got 500 shares from softlogic. When it come to market? will it be a another EXPO?

Most probably.
If u are long term invester this will not cause much trouble.
Otherwise be in ur broker company early in the morning of trading day and sell as quickly as possible.
There are rumours shares will be lodged on ur account on 6th July. So trading may commence after 2 market days.

In the letter that PW corporate sent us said that the shares will be uploaded to our CDS account latest 6 th of July. So beware about it.

Capt · 6 Re: Softlogic IPO Sun Jul 03, 2011 9:39 pm

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Because of the bad experience caused by EXPO the selling pressure might be very high immediately after the market opens. All the retailers will try to make a very marginal profit or minimize the loss and sell the shares.
Even though the IPO price is high Softlogic is a very very strong group and can expect some strategic investors buying big parcels. So with my little knowledge I expect the price to be maintained at lower level at the beginning and the buying pressure to build slowly. This may happen in few hours.
This is just a prediction based on the external environmental factors. Experts please comment on this.

Last edited by Capt on Sun Jul 03, 2011 11:12 pm; edited 1 time in total

nadun_nevermore · 7 Re: Softlogic IPO Sun Jul 03, 2011 10:25 pm

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NOOOH...it wont be like expo..since we cant assume its also same as expo..due to they did the private placement 2 years back when expo is not a case like that....so still we can expect a gain on this share i guess