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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » SHL today...!

SHL today...!

+14
nuwan.um
Berryfund
pdgsuranga
manula
mra
StocksWatch
PGNN
duke
Akalanka
ashlee
evarts
xmart
Gaja
npc86
18 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1SHL today...! Empty SHL today...! Tue Jul 12, 2011 9:11 am

npc86

npc86
Manager - Equity Analytics
Manager - Equity Analytics

Please note that big selling peruse (building in ask side...) What's going...here ...?
@9.09 A.m
bids around 220,000
ask around 26,000,000

Will see....

2SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:24 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

http://www.cse.lk/cmt/upload_cse_announcements/301310442730_.pdf

3SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:30 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

so far 20/= is the lowest price

4SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:34 am

xmart

xmart
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

what a beauty! I didn't see a RED IPO ever. thanks softlogic!
furthermore Softlogic is in buying side of AAIC at rate of 120/=

5SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:37 am

evarts


Stock Trader

What on earth is happening!!! This is the last IPO I'm ever going to invest in!!!!!

6SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:40 am

ashlee


Manager - Equity Analytics
Manager - Equity Analytics

Damnation.. This is disaster.. We gotta be more selective when investing in IPOs hereafter...

7SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:41 am

Akalanka

Akalanka
Manager - Equity Analytics
Manager - Equity Analytics

xmart wrote:what a beauty! I didn't see a RED IPO ever. thanks softlogic!
furthermore Softlogic is in buying side of AAIC at rate of 120/=

this will definitely effect on CIFL very very badly . .. .lets see . .. most probably CIFL will not get oversubscribed in the very first day, , Shocked

And special thanks going to all that who showed and discussed the exact value of soft previously. . Very Happy

8SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:49 am

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

There's nothing wrong with Softlogic. It's the price what is wrong.
Same for all the CSE shares. It's the price people paying is wrong.
Sri Lankans are paying the price of a Ferarri to buy a Maruti and blame the SEC.

9SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:53 am

ashlee


Manager - Equity Analytics
Manager - Equity Analytics

There is a rumour going around that some people are buying over finance companies and list them in CSE through IPOs and suck in some huge amount of money of poor retailers.. I do not know how true this is but better be watchfull when you are investing on IPOs..

10SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 9:56 am

PGNN


Manager - Equity Analytics
Manager - Equity Analytics

This is a very good lesson for every one !!! ...

Hope this will create an "eye opening session"

Most of us would have made a huge loss (except the private placement investors), now it's high time to "invest the loss made today" and "what everyone learnt from this" in future investments.

All loss makers assume that the amount you lost as you spent on knowledge gathering.

11SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 10:06 am

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

There is no rule that you have to apply for all IPO's. You must check if the price offered is attractive and cheap compared to its actual value. When you buy any other commodity from a free market, you will check if the price is worth buying isn't it? Same applies to IPO's.

As a minimum requirement, IPO's should be priced cheaper than the companies in the same sector trading at the secondary market.

I am glad that I didn't apply for any of the recent IPO's for the reason none other than their overpricing.

12SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 10:11 am

ashlee


Manager - Equity Analytics
Manager - Equity Analytics

Well UBC was another over priced IPO but it went up more than expected.. SHL really was a surprise.. I think this marks the fate of the coming IPOs (most of them)..

SHL was overpriced but trading such low on the first day itself is something hard to believe..

13SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 10:19 am

npc86

npc86
Manager - Equity Analytics
Manager - Equity Analytics

What is the bad effect this to the SHL....
http://www.cse.lk/cmt/upload_cse_announcements/301310442730_.pdf
Can anyone explain...

14SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 10:26 am

mra

mra
Manager - Equity Analytics
Manager - Equity Analytics

IPO's

When you poor guys make it subscribed on greedy
you same people panic sell on thirsty.
Greedy-Thirsty=Huge loss

hmm god bless for future IPO's

15SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 10:29 am

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

ashlee wrote:Well UBC was another over priced IPO but it went up more than expected.. SHL really was a surprise.. I think this marks the fate of the coming IPOs (most of them)..

SHL was overpriced but trading such low on the first day itself is something hard to believe..

ashlee, I think it is beacuse people have been practicing greater fool theory! Buying into IPO's knowing that they are overvalued with the intention of finding a greater fool at the secondary market to pass it on.

16SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 10:41 am

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

As I know some people mind set for buying from IPOs and have imagination it will increase in the secondary market. same time many people who subscribe in the IPO's does not know true fact about the company. Simply because of IPO they want to subscribe.

17SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 10:48 am

pdgsuranga

pdgsuranga
Equity Analytic
Equity Analytic

I agree with manula. But this is the only one was loss first day in the second market.

18SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 11:01 am

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

pdgsuranga wrote:I agree with manula. But this is the only one was loss first day in the second market.

yes.. this the only one in first day,,, but all other previous IPO"s also went down after few days when market is in some what healthy condition. That means i think many IPO's coming with over price tags and other issue will be private placement.

19SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 11:33 am

mra

mra
Manager - Equity Analytics
Manager - Equity Analytics

did anyone know that SHL had a private placement @ Rs.6 ?????

20SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 11:40 am

manula


Vice President - Equity Analytics
Vice President - Equity Analytics

mra wrote:did anyone know that SHL had a private placement @ Rs.6 ?????

it was mention in the prospectus for 7.20 Very Happy

21SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 11:46 am

Berryfund


Equity Analytic
Equity Analytic

manula wrote:
mra wrote:did anyone know that SHL had a private placement @ Rs.6 ?????

it was mention in the prospectus for 7.20 Very Happy


An oppertunity that should be missed.

22SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 11:50 am

nuwan.um

nuwan.um
Equity Analytic
Equity Analytic

I'm glad i didn't buy this, Most posts in this forum said it was a bad IPO. After checking it I also agreed. I mean look at the private placement price. Just because it was an IPO of a well known company didn't mean it was going to do well, and today SHL proved it. Maybe Sri Lankans are finally getting Smart??? affraid

23SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 12:06 pm

Thor


Senior Equity Analytic
Senior Equity Analytic

Yes, I am glad I stayed away from it too.

24SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 12:15 pm

mra

mra
Manager - Equity Analytics
Manager - Equity Analytics

hmm over 300% profit from the private placement price??

what kind of a business is this? day robbery??

25SHL today...! Empty Re: SHL today...! Tue Jul 12, 2011 12:39 pm

Niggard

Niggard
Manager - Equity Analytics
Manager - Equity Analytics

Thanks to this forum, I also out of grief.

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