Thursday, December 17, 2009

CHEVRON (LLUB)

Chevron lanka lubricants formerly Caltex lanka lubricants will starts trading of its shares tomorrow(18/12/2009) in the Colombo Stock Market as per the stock market daily report published by the CSE,after the recently announced sub division of its shares,each existing ordinary share of the company to two ordinary shares.

There for tomorrow may be a good day for traders since there will be price fluctuations in this particular share.This has happened in last Monday as well,when the ASIR shares starts trading after the sub division of its shares.

Further investors who missed this share due its high trading price earlier may now have the opportunity to collect the share at lower price tomorrow.

LLUB is a high divident paying company in the market. It is better to have this share in your investment basket.

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