LISTING SHOULD BE AROUND 80-85 , BUT ITS ASROCK THAT WILL NOT DELIVER ITS WHOLE JUICE ON LISTING DAY ITSELF U HAVE TO HOLD ON TO IT TILL IT REACHES 95-100 IN FEW DAYS. IT WILL BE THE CHEPEST PSU BANK STOCK AT 85 TRADING AROUND .75 TIMES BOOK
I WILL NOT SALE BELOW 90 I WILL WAIT FOR ONE MONTH, ITS STOCK THAT CAN BE HELD FOR 3 MONTHS
IT SHOULD BE A GOOD AND DECENT LISTING BUT ONE SHOULD HOLD THIS STOCK AS IT IS A LONG TERM STOCK. SMALL IPO SIZE TOO. GOOD SUBSCRIPTION. THIS WAS OFFERED AT VERY LOW P/E =4 BUT IF YOU COMPARE WITH ITS PEERS WHICH ARE ALLAHBAD BANK,ANDHRA BANK,UNION BANK ,CENTRAL BANK WHICH ARE TRADING BETWEEN 7-10 P/E. THIS STOCK SHOULD TRADE ON ITS CORRECT VALUATION ANYWHERE BETWEEN 100-120 IN COMING TIME. IT MIGHT LIST BETWEEN 77-85 RS BUT THAT WOULD BE GOOD PRICE TO ENTER IN THIS STOCK .
what are ur thoughts on listing rate of UBI and targets expected on listing day..plz share ur comments on this..in a similar manner as u did for Man infra..looking forward to ur comments..thanks in advance..keep up the good work
If UBI share is going to list at 10+ gain then other PSU stocks in the range of 70 to 100 are also going to gain. Such stocks include Syndicate Bank & Dena Bank. Syndicate & Dena have better fundamentals compared to UBI.These can also be played along with listing gains of UBI.
stock to lost at 78 rs. will reach 84 rs by 1 p.m and 95 rs by 2.30 and will day at 92 rs.
strong demand seen from both foreign investors and hni. this is the only bank ipo in recent time so demand to exceed supply.
dont sell this stock soon and give in to strong hands(f1) this is a gem for long term.
lic or sbi mutual fund to buy this heavily on first day due to their liking fo such stocks and contrary to what other ipos are this is a very small ipo of only 300 crores so imagine if lic or sbi buy huge chunks like 100 crore each this stock will zoom to higher level.
buy this stock on listing day for your future and as sanjay aggarwal says to buy lcd and laptop
Trading Members of the Exchange are hereby informed that effective from Thursday, March 18, 2010 the equity shares of United Bank of India are listed and admitted to dealings on the Exchange in the list of B Group.