United Bank of India IPO Message Board (Page 31)

Dear GEM IPO FINDER,
Would request you to atleast some decorum of the chat room. If you do not have control over your language. You have no right to insult or use any slang languages. If you cannot maintain the decorum of the room,, please debar from giving such comments. We do not want your valuable advice nor do we want to use your super duper knowledge, if you do not have control over your language.

Pls do not ex

Hi friends LOT SIZE UBI 100 & PRICE 60 to 66 & 5 Rs Dicount for Retail invester

DB CORP LISTING ON 24-2-10 WED
BSE CODE :533160
NSE CODE :DBREALTY
FULL AND FIRM ALLOTMENT
OF 196 SHARES
ALL WILL SELL ON FIRST DAY AT 9.00AM
PREDICTED LISTING AT RS 407/=
BE READY TO FOR LOSS OF ATLEAST RS 12,000/=

hi friend,

texmo pipe ka final pirmium kya hai ?

kya full apply karna chahiye?

please repply..........boss

dear {SJ no.19 }you are not looking prospectus clearly dont misguide investers PAID UP EQUITY CAPITAL AFTER ISSUE 310CRS IS 31 CRS SHARES / 231 CRS NET PROFIT HALF YEAR SEP .2009 IF ASSUME ANOTHER 200CRS ANOTHER TWO QUARTERS IS 430CRS / 31 CRS SHARES IS 13.87 RS EPS .AT 66RS CALCULATE PE DEAR AND THEN SAY .....INVEST IN UBI....INVEST IN UBI ..HOW MANY BANKS HAS THIS?ANYWHERE IN WORLD.

Hi friends LOT SIZE ????

attention investors,
The EPS for 2008-09 is 2.34
Book value is 14.93.

at the price of Rs.60, the PE of UBI is 25
the price to BV ratio is 4.

whereas the average PE of PSU banks is 7
and average Price to BV is less than 2

from the above stats it is clear that IPO of UBI is daylight robbery. informed investors avoid this issue

Looks over valued to me, as half year EPS of FY09-10 is Rs. 2.45, say evenif it registers full year EPS of 5-6, it would be quoting at 10-11 times PE, whereas midcap banks are available at much cheaper valuation, like Indian Overseas Bank, South Indian Bank etc.

If EPS is 2.34 and book value is say 15 then why are they asking for PE of around 27 - 29 and P/BV of 4 and above.where as in secondary market shares of public sector banks are available at cheaper price.

There is no prebudget rally expected. Market will get direction only after budget. So it's better not to invest in secondary market timebeing. One can investment in all three IPOs - Man infra, REC& UBI and can expect good listing / long term gain. All three are good company and pricing is also very good. The drawback, because of large oversubscription retail investor will get few shares.
Happy investing.

disclaimer : i will apply in all three in full

GEM IPO FINDER. kindly write which ipo is good (rating) return on investment wise

RETAIL PORTION WILL GET OVERSUBSCRIBE MORE THAN 20 TIMES BECAUSE OF DISCOUNT IN THIS CATOGARY MANY HNI WILL GO TO RETAIL CATOGORY THROUGH HUGE APPLICATION BY VARIOUS ILLEGAL MEANS SO GOOD IPO BUT NO ALLOTMENT OR LESS RETURN SO GO FOR MAN TOO

RETURN RATING:
UBI FIRST
MAN SECOND
REC THIRD

CAPITAL PROTECTION RATING:
UBI FIRST
REC SECOND
MAN THIRD ( BECAUSE ITS A REAL ESTATE CONTRACTOR LIKE VASCON & LOOK WHERE IS THAT ALSO BECAUSE IT WAS OVERPRICED)

THERE IS NO HISTORY OF BANKS CHEATING THROUGH IPO

YES IT IS GIVING 5% DISCOUNT TO RETAIL INVESTORS

Kya ye sahi hai ki UBI Retain ko 5% ka discount de raha hai.
Kya koi ye confirm kar sakta hai.

IPO SUMMRY
Month---Bank Name--IPO---CMP
2/2005--DENA BANK--27----78.35
5/2005--Orie Bank--250---271.20
8/2005--Synd bank--50-----85.20
2/2006--Baroda-----230----577.
2/2006--Andhra bank--90--102
3/2007--Indian Bank-91----175
8/2007--Central Bank--102--165

man infra 65/68

arss infra 175/180

hathway 10

ubi 6/8

texmo pipe 9/11

dont apply rec & ntpc

all the best friend.................

EPS (Rs.) 2.34
Book Value 14.93

United Bank of India as of March 31,
2009

EPS (Rs.) 2.34
Book Value 14.93

United Bank of India as of March 31,
2009