272.1. Chem cho| Link| Bookmark|
January 27, 2023 10:22:16 AM
IPO Guru (2500+ Posts, 2700+ Likes)
today low broke to Rs 3172 heavy selling on Monday IF it goes below 3172 then RS 3125 RS 3050 BUT this rate will not come as it will be near the FPO RATE
272.2. Chem cho| Link| Bookmark|
January 27, 2023 10:30:55 AM
IPO Guru (2500+ Posts, 2700+ Likes)
RELIANCE is also down 2 % this is T +1 settlement effect bu
These are the mercenaries, not some salvation army working in the interest of the people of a country situated 1000s of miles away. Why would they publish such a report at a time when a mega FPO is in the offing? A short seller has an agenda to work on. And that is to scare investors and bring down the price. So they clearly have the motive and they would clearly gain by publishing such a report. One needs to realize this.
272.8. Chem cho| Link| Bookmark|
January 27, 2023 3:30:33 PM
IPO Guru (2500+ Posts, 2700+ Likes)
@ NEW MEMBER Since you are a new member i doubt you may be xyz of adani group how can we agree with you that it is fake news Market DID discount adani ENTERPRISES share by 30 % in 3 days BUT ALL THE GROUP SHARE , INCLUDING ACC, AND AMBUJA , some thing may be cooking , hence market has agreed , to the news or may be it may come to FPO price but 20000 cr issue ADANI ENTERPRISE AFTER THE ISSUE LISTS SHOULD QUOTE RS 2546 AS PER MY CHART READING, OR FPO PRICE RS 1250-1275 AFTER LISTING IN 15 DAYS TODAYS CLOSE RS 2761 LOW 2712 , HENCE STAY AWAY IS MY ADVICE I HAVE CHANGED MY VIEW FROM APPLY TO STAY AWAY FROM ISSUE
272.9. Chem cho| Link| Bookmark|
January 27, 2023 4:00:58 PM
IPO Guru (2500+ Posts, 2700+ Likes)
I and all my friends are happy that Hindenburg wrote the message before the FPO CLOSED other wise my self and many of long term investors would have fallen in the prey to apply in the FPO WE are not bothered what he wrote but the market agreed to it at least to bring the price to rs 2761 Even in two days if it goes above the FPO price it is likely to come down live PAYTM and LIC my rate of adani enterprises is below Rs 2550 after the FPO LISTS FPO RATE RS 1250 OR BELOW
272.10. abc xyz| Link| Bookmark|
January 27, 2023 5:12:09 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Chem Cho The most surprising fact is that in 2021 Sucheta Dalal has also raised these points but we all know what happened.... Here we all are so blindly follows individual that if someone who is talking the truth we ignores it and describing as Traitor. I am quite surprised to know that the owner of the Hindenburg Nathan Anderson is not an Indian and that's why now market & mostly we all have started thinking about these allegations. Just think why so? Are our society going in right direction?...
@abc xyz sucheta dalal only questioned no proofs were attached. Hindenburg comes with detailed report and each and every allegations were in details with proofs it doesn't CEO of hindenburg is Indian or not. it was sucheta dalal who came with proofs in 1992 and everyone knows what happened after it even 90% of Indian public knows adani stocks are highly overpriced and manipulated but no one have proof
272.12. PeterEngland| Link| Bookmark|
January 27, 2023 5:20:24 PM
Top Contributor (300+ Posts, 100+ Likes)
@Zorro, even you've to admit Hindenburg report is beneficial for retail investors, Following are my thoughts about it: 1. If someone thinks the report is correct, they can simply ignore the FPO. 2. If someone thinks the report is false, they can buy stocks from secondary market below FPO price hoping it'll rise once dust gets settled.
It's Win-Win in both cases.
Why are your feelings got hurt so badly, not able to understand.
People love fortune oils. But true value awl if around 350 at most...the cornering of shares has lead to the absurd share prices.
270.2. UjwalG| Link| Bookmark|
January 27, 2023 5:40:37 PM
IPO Guru (1000+ Posts, 500+ Likes)
Agree with you. This will be the same case were retailers get trapped at higher level like IEX. Most of them will be thinking like 800 ka 500 main mil raha hain le lete.
Stock was on LC whole day no trading happened so isn't it obvious that it will have 90+ delivery % you can't do intraday on LC or UC stock no one loves nothing man
Btw, The report says the downside is as high as 85 % for the group. window dressing, shell company investors, inexperienced and unscrupulous auditors. Reminds me of Enron debacle happened long back.
@ Shrewd Trader - So to take a short position, they waited a long two years until they had concluded the investigation. Two years? That's inexplicable unless they'd verified every single document relevant to the story. And if they had access to such documents, why would they say that they would call for the documents in case Adani files a lawsuit? That doesn't add up. Does it?
269.3. Ankur Goel| Link| Bookmark|
January 27, 2023 4:59:10 PM
IPO Guru (1100+ Posts, 500+ Likes)
You should be brave heart, u caught falling knife.
269.4. PeterEngland| Link| Bookmark|
January 27, 2023 5:09:24 PM
Top Contributor (300+ Posts, 100+ Likes)
@Zorro, I suspect you're paid influencer on this forum and seems to be super disturbed by the Hindenburg report and it's timing.
This is the forum for retail investors and most of them are thankful with the timing of this report as it's hard-earned capital saver.
Special thanks to timely report from hindenburg rescued my day one fair value view....next year expected price ....massive manipulation....all rescued
266. Vnrao| Link| Bookmark|
January 27, 2023 4:18:41 PM
Top Contributor (400+ Posts, 100+ Likes)
The Adani Group bought its own destruction in the form of NDTV. They acquired NDTV for more of political interests than business. This strengthened the tone of critics that the Group manipulated Accounting System. It also occurs to me that the Group without any significant manufacturing facilities or any unique model of business, and it’s Promoter becoming 3rd richest on Globe is a case in point of manipulation. Manipulators can’t escape all the time without being punished. Leave alone behind the scene manipulation, the price of all Group shares were jacked up despite very high PE. I feel that this is like Harshal Mehta episode (1992). Investors, both Primary as well as Secondary Markets to be very very cautious
265. abc xyz| Link| Bookmark|
January 27, 2023 3:56:05 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Today Banks are down 5% , whereas LIC only 3.5 % only. But the exposure of LIC is huge bigger than Banks @ 87000 crores. Now the friend is in deep trouble & Investment from the LIC is the only way for this. Think about the LIC going below 550.
Adani fpo. Company owner,pramoter now be like 😍dayyy lag Gaye,,,
263. Learner SK| Link| Bookmark|
January 27, 2023 3:59:09 PM
Top Contributor (1000+ Posts, 200+ Likes)
Considering sentiment and today's subs performance, I feel it will be better for Adani group to cancel the FPO prematurely (and immediately without waiting for last day). After few months, they may come with new price. Cancellation on moral ground and considering public sentiment in mind.
262. SSingh| Link| Bookmark|
January 27, 2023 3:09:10 PM
IPO Guru (1400+ Posts, 800+ Likes)
Thank god it’s Friday. Monday tak disaster management ho jaana chahiye ab… Let’s see!
261. MAMU| Link| Bookmark|
January 27, 2023 2:51:19 PM
IPO Guru (1700+ Posts, 1100+ Likes)
Management comment will be come soon to support price and FPO.
If will not happen then will loose faith of investors.
Main point is this happened before FPO, If will happen after fpo is over then no one can imagine how much pain will be there for all investors.
260. P Patel| Link| Bookmark|
January 27, 2023 2:36:42 PM
IPO Mentor (900+ Posts, 900+ Likes)
Close @ 2761, now lets see on Monday, 2100 seems to be the next resistance..
259.1. Lokesh Chiru| Link| Bookmark|
January 27, 2023 2:12:41 PM
Top Contributor (400+ Posts, 300+ Likes)
If anyone applied in FPO and is cancelled bcoz of not meeting minimum subscription criteria, FPO can be postponed or cancelled as per the company's board of directors decision. FPO application stands cancelled and if applied by ASBA amount will be unblocked.
The problem is Adanis cannot revise FPO price more than 10% of the lower band. Means FPO price cannot go below 2801/- Share is trading at 2800.
259.3. PSR| Link| Bookmark|
January 27, 2023 2:25:09 PM
IPO Guru (1200+ Posts, 700+ Likes)
I am not an expert, but let us see some of the options:
1. Extension of time of the issue --- unlikely to serve any purpose --- No use.
2. Lowering the Price band --- Anchor Inventors would be unhappy, since they have already paid the price, it may not be possible to refund the difference --- The issuer cannot invite the wrath of Anchor Investors.
3. Cancelling the issue and relaunching at lower price -- Since the confidence of the Investors at low point, this option too may not work, unless issue is at steep discount to market price.
4. Cancelling the issue -- Appears to be only viable option at present -- Except Issuer, none will lose.
Dear HindenburgRes your report of 32,000 words resulted in #AdaniGroup losing Rs. 4 lakh crores in 2 days. That's precisely Rs. 12.5 crore per word. Super Expensive ! 😜