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Textured Jersey: Dates of allotment and Trading

+11
tkc
stockdad
uditha9
gayanr600
YSHEWAGE
Aamiable
econ
JennyFunny
2011_NewComer
TuskerLK
DK
15 posters

Go down  Message [Page 1 of 1]

DK


Manager - Equity Analytics
Manager - Equity Analytics

Thought that I'll just list the dates (straight from prospectus) in case anyone is interested.

Date of Closing of Issue: 7th Jul 2011
Finalisation of Allotment (dispatch of letter): 22nd Jul 2011 (10 market days from the closure)
Uploading of Shares to CDS: 3rd Aug 2011 (18 market days from the closure)
Secondary Market Trading: 9th Aug 2011 (3 market days after declaration to CSE -> 4 days after uploading to CDS)

Note that the dates specified are 'latest' dates. We have a precedence by VONE who went ahead much earlier and listed the shares.

TuskerLK

TuskerLK
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

it will start trading on 29th july

DK


Manager - Equity Analytics
Manager - Equity Analytics

Hi Tinyman, Rumours or got an update? Good news if it does, I'm sort of fed up waiting for the trading dates of these IPOs.

TuskerLK

TuskerLK
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

No, I got the news from a trustworthy person, earlier he told me about TJ opening day about two week before the official announcement. it was correct.hope this one also correct.

2011_NewComer

2011_NewComer
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Allotment

http://cse.lk/cmt/upload_cse_announcements/3721310976244_.pdf

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ok super..

econ

econ
Global Moderator

it seems people who apply 100000 shares get full allotment. so this may be another downward trend IPO...

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics

all are same, I concentrate on medium term investments.

YSHEWAGE

YSHEWAGE
Stock Analytic
Stock Analytic

Thanks abt Information

gayanr600

gayanr600
Equity Analytic
Equity Analytic

Any updates abt Secondary Market Trading?

uditha9


Manager - Equity Analytics
Manager - Equity Analytics

tinyman wrote:it will start trading on 29th july

according to reliable information there are buyers at 20/

stockdad


Senior Equity Analytic
Senior Equity Analytic

uditha9 wrote:
tinyman wrote:it will start trading on 29th july

according to reliable information there are buyers at 20/


Oh Sure. I also heard that.
There are buyers at 20/-for TJ .
But you have only half the story.
Here is the copmlete story for yr information.

They will buy at 20/- if u OFFER them TWO SHARES for 20/-.




tkc

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

uditha9 wrote:
tinyman wrote:it will start trading on 29th july

according to reliable information there are buyers at 20/

Any source?
You can post it here my friend!

rijayasooriya

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

මොකද හදිසි....හෙමිහිට එන්නකො...

nuwan.um

nuwan.um
Equity Analytic
Equity Analytic

stockdad wrote:
uditha9 wrote:
tinyman wrote:it will start trading on 29th july

according to reliable information there are buyers at 20/


Oh Sure. I also heard that.
There are buyers at 20/-for TJ .
But you have only half the story.
Here is the copmlete story for yr information.

They will buy at 20/- if u OFFER them TWO SHARES for 20/-.




What to do? It's the way things go thees days...... Sad

econ

econ
Global Moderator

it will be a another total disaster.

stockdad


Senior Equity Analytic
Senior Equity Analytic



In the past subscribing to IPO meant u are certain to make a good profit on the opening day.
Now one will be very happy, if lucky to get the invested price, even without any profit.
So much for the best performing stock market in Asia.
Certainly has become the wonder of Asia thanks to SEC
for allowing a spate of highly overinflated IPOs.

Fresher


Moderator
Moderator

as tinyman said if it starts trading on 29th shaes should have been credited to CDS by now, isn't it?

Market Sucker

Market Sucker
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

better to quit early and buy back later

DK


Manager - Equity Analytics
Manager - Equity Analytics

Got the CDS allocation letter yesterday, it still says 'on or before 03rd Aug'. The letter is dated 22nd (Friday) July and mailed 25th (Monday). I think 29th is a too early date. If at all, they might start next Friday (05th) or will stick to their original date of 09th.

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