City Union Bank

GUEST

Posted by : smartakka
Price when posted : BSE: Rs 26.95 ( -0.74 % ), NSE: Rs. 26.85 ( -0.74 % )

I am holding from Rs 15 level and I am happy that the market is down when the issue price is being decided. They cannot fix a higher premium and as such we can accumulate additional shares at a lower price. How else you can get a bank share with good financial fundamentals and L & T backing...

GUEST

Posted by : smartakka
Price when posted : BSE: Rs 26.95 ( -0.74 % ), NSE: Rs. 26.85 ( -0.74 % )

I am holding from Rs 15 level and I am happy that the market is down when the issue price is being decided. They cannot fix a higher premium and as such we can accumulate additional shares at a lower price. How else you can get a bank share with good financial fundamentals and L & T backing...

City Union Bank

Posted by : Guest
Price when posted : BSE: Rs 27.15 ( -0.55 % ), NSE: Rs. 27.05 ( -1.46 % )

This upside has not happened in a week`s time....

GUEST

Posted by : retrobroker
Price when posted : BSE: Rs 28.95 ( -0.52 % ), NSE: Rs. 28.95 ( -0.86 % )

i hold this share from 18 levels..the day election results wer declared...within 4 days it had rallied 40% to 27...however after that this has grossly underperformed the index..bank nifty...all other banking stocks...having said that i expect this to cross the 30 mark and close above it....target of 40 is realistic.....

KROREKANNA

Posted by : Guest
Price when posted : BSE: Rs 28.55 ( -1.89 % ), NSE: Rs. 29.00 ( -0.68 % )

when u r confident of the company`s growth and history why bother about opinions from sem-literate and cunning ...

GUEST

Posted by : raj_maddy
Price when posted : BSE: Rs 29.10 ( -0.68 % ), NSE: Rs. 29.20 ( -0.68 % )

why do u say this is a gold mine...

GUEST

Posted by : smartakka
Price when posted : BSE: Rs 29.10 ( -0.68 % ), NSE: Rs. 29.20 ( -0.68 % )

Right issue news is nopt new and it has been factored. But I do not expect it to fall on exright basis as the banks financials are strong ...

GUEST

Posted by : nikhil1221
Price when posted : BSE: Rs 29.10 ( -0.68 % ), NSE: Rs. 29.20 ( -0.68 % )

what will be impact of right issue news on the stock?...

GUEST

Posted by : smartakka
Price when posted : BSE: Rs 29.10 ( -0.68 % ), NSE: Rs. 29.20 ( -0.68 % )

I do agree that this is a gold mine. But why was this fact discovered late? I remember Karvy had projected a price of Rs 13 after its last quarter working. this is the quality of our experts...

Price fixation on 31st Oct

Posted by : rvk41
Price when posted : BSE: Rs 29.10 ( -0.68 % ), NSE: Rs. 29.20 ( -0.68 % )

Private sector lender, City Union Bank today said that the board of directors of the company will decide the issue price for the rights issue of its equity share on Oct. 31, 2009.

The board of the bank had approved a 1:4 rights issue of 80 million shares and a qualified institutional placement up to Rs 3 billion.

For information,with regards
rvk41...

BSE Announcements on City Union Bank

Posted by : MMB Messenger
Price when posted : [City Union Bank - BSE:Rs. 29.55 NSE:Rs. 13.50 when posted]

City Union Bank Ltd has informed BSE that a meeting of the Board of Directors of the Bank will be held on October 31, 2009, inter alia, to consider, the fixation of the issue price in respect of the forthcoming Rights Issue of the Bank....

darkhorse

Posted by : Guest
Price when posted : BSE: Rs 30.30 ( -0.66 % ), NSE: Rs. 30.35 ( -0.49 % )

worth buyin for long term...

GUEST

Posted by : Guest
Price when posted : BSE: Rs 31.00 ( 1.64 % ), NSE: Rs. 30.90 ( 1.31 % )

Hold this goldmine.Do not sell for less rs40/...

City Union Bank

Posted by : rvk41
Price when posted : BSE: Rs 31.00 ( 1.64 % ), NSE: Rs. 31.00 ( 1.64 % )

Dear,Wait for some time ,Rights issue is in the offing
with regards
rvk41...

near term target

Posted by : laalee
Price when posted : BSE: Rs 31.15 ( 2.13 % ), NSE: Rs. 31.20 ( 2.30 % )

what is the near term target oof this stock say within a week days? i have 500 @31. pl suggest whether i shuld hold or sell. i am a short term investor. thanks...