Moneycontrol.com >> Messageboard >> Stocks >> City Union Bank >> this stock would be available below its right price after the rights issue completed as happened in

conciuus

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this stock would be available below its right price after the rights issue completed ... Read full message

3.22 PM Jan 25th | Track

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sugreev

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Reposted about 121 days 4 hrs 45 min 50 sec ago by pvjagadish

@ 6 per rights share CUB is giving a 12.5% div yield (75p / share)..who said rights coming at 6/- ??

12.32 PM Jan 27th

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BUY THIS STOCK SHORT TERM TARGET 51. THIS STOCK IS TRADING AT 7 P.E. RESULT ALSO WOULD BE GOOD. GREAT OPERTUNITY.

1.08 PM Jan 28th

T-L

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Hello conciuus - I think you are new to this counter . . . perhaps you should do a little research before making irresponsible remarks and BTW besides the price going to 50 as ricky says . . . @ 6 per rights share CUB is giving a 12.5% div yield (75p / share).

11.44 PM Jan 25th

conciuus

Platinum Member

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They will decide the date and the and the rights price in their Board meeting dated 31st Jan.2012.

6.46 PM Jan 25th

dr_ajthomas

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Any idea when is rights issue

4.46 PM Jan 25th

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Absolutely correct ricky1983in. People like conciuus post messages unconciously, and without even bothering to check the facts. The price of last rights issue was INR 6, and CUB was trading in 22-25 range at that time. It rose thereafter and touched a high of INR 52. Investors like conciuus miss the bus, cry & scream within, and then, to vent their frustration, try to misguide others from taking the right decision. CUB will surely cross INR 52 this time before the closing of the rights issue.

4.28 PM Jan 25th

ricky1983in

Gold Member

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Last time the rates of rights issue was Rs6/- and later we sold the stock at Rs.50/-.

3.33 PM Jan 25th

conciuus

Platinum Member

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this stock would be available below its right price after the rights issue completed as happened in many banks like Karnataka bank etc.many brokers and so called analysts have been recommending this stock strongly to buy.

3.22 PM Jan 25th