SDB going to takeover by PLC

shan · 1 SDB going to takeover by PLC Sat Sep 13, 2014 2:11 pm

shan

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SDB huge collection going on People's Leasing going to takeover at more than 200.00 levels.

already PLC holding 10% shares another 10% to 20 % collectiong going on in the market after that takeover and mandatory offer will come.

ccsentha · 2 Re: SDB going to takeover by PLC Sat Sep 13, 2014 3:15 pm

ccsentha

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How do you know mate? SDB is a bank, so will PLC being a finance company take over a bank?

nemesis · 3 Re: SDB going to takeover by PLC Sat Sep 13, 2014 4:09 pm

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one party can not buy more than 10% of shares of bank,if they want to do it first they have to get special permission from central bank such as TPG CAPITAL-UBC & john kells for nation trust

windi5 · 4 Re: SDB going to takeover by PLC Sat Sep 13, 2014 4:38 pm

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Its a right issue on the way.

prabath · 5 Re: SDB going to takeover by PLC Sat Sep 13, 2014 4:52 pm

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Windy wants rights and price to go down others want takeover and price to go up,im with others.

Dr Stock · 6 Re: SDB going to takeover by PLC Sat Sep 13, 2014 8:35 pm

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Very funny story .
Im also happy if SDB price goes up.
But PLC is going to take over SDB is unbeleivable.
And i dont think right issue will come either.

Some want to price go down to collect. Others want price up by taking over rumours !
Laughing

dougieboy · 7 Re: SDB going to takeover by PLC Sun Sep 14, 2014 2:38 am

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Funny indeed how 2 parties likes to "speculate" ( to put it mildly) with different price objectives.
One needs to use their brain to find the logical answer here.

Dr Stock wrote:Very funny story .
Im also happy if SDB price goes up.
But PLC is going to take over SDB is unbeleivable.
And i dont think right issue will come either.

Some want to price go down to collect. Others want price up by taking over rumours !

stockback · 8 Re: SDB going to takeover by PLC Sun Sep 14, 2014 3:53 am

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dougieboy wrote:Funny indeed how 2 parties likes to "speculate" ( to put it mildly) with different price objectives.
One needs to use their brain to find the logical answer here.

Dr Stock wrote:Very funny story .
Im also happy if SDB price goes up.
But PLC is going to take over SDB is unbeleivable.
And i dont think right issue will come either.

Some want to price go down to collect. Others want price up by taking over rumours !

Now three parties.
1) Right Issue
2) No Rights Private placement(PLC)
3) No Rights No Private Placement

Ane manda kauru aththa kiyanawada manda.

what about these two together.

First Right Issue and collect big money
using that money buying a another Fin Company(Private placement of another company)

for the Right Issue they need reason(i don't think SDB has any financial problem)

shadow walker · 9 Re: SDB going to takeover by PLC Sun Sep 14, 2014 7:33 am

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oh it cant be.. most of the SDB shares holding by their branches.. i dont think they are ready to sell their parts

EWML · 10 Re: SDB going to takeover by PLC Sun Sep 14, 2014 7:51 am

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shan wrote:SDB huge collection going on People's Leasing going to takeover at more than 200.00 levels.

already PLC holding 10% shares another 10% to 20 % collectiong going on in the market after that takeover and mandatory offer will come.

@shan - This is not the correct way to promote SDB shares. You might have collected a large volume. Anyway, the net assets per share value is almost 135 at the moment. If a merger with another bank is taking place, this will be converted not below than NAV per share. Therefore, there's a potential to go up.

D.G.Dayaratne · 11 Re: SDB going to takeover by PLC Sun Sep 14, 2014 10:58 am

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No economic reason give mandatory offer at abnormal high price

If it will be around 140/=

Gainer · 12 Re: SDB going to takeover by PLC Sun Sep 14, 2014 11:58 am

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Anyway in the banking sector SDB Bank only trading undervalue net asset value 136.00 and yearly

earning per share 20.00. Compare with others bank it's a more better it can move up 180.00

KPP · 13 Re: SDB going to takeover by PLC Sun Sep 14, 2014 1:38 pm

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It is going to be a rights issue. They need to increase their Capital to meet the new minimum capital requirements of CB.

shan · 14 Re: SDB going to takeover by PLC Sun Sep 14, 2014 2:45 pm

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KPP wrote:It is going to be a rights issue. They need to increase their Capital to meet the new minimum capital requirements of CB.

if they want to increase capital they can split shares no need to rights issue

prabath · 15 Re: SDB going to takeover by PLC Sun Sep 14, 2014 2:54 pm