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Adani Power Limited IPO Message Board (Page 12)

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1486. Suhas |   Link |  Bookmark | August 20, 2009 10:54:38 AM
Don't be panic.Just wait for 1-2 weeks. it is a trick played by big-tigers, to make the retailers to sale all shares, and they will bye at lower price in huge lots.
1485. Srikanth |   Link |  Bookmark | August 20, 2009 10:50:10 AM
Hi Bubble,

You are right. However their portion is subscribed 39 times which means if they subscribed for say 39 lakh shares, they got only 1 lakh. The rest 38 lakhs they will have to buy from Secondary market.

I believe something is cooking up in this counter and I will not be surprised if it moves to 120 or 125 levels in the next few days as it happened with other IPO's listed recently.

However it can also go down if markets go down but to me Adani moving up is a good scenario as today most of the selling by HNI's and retail will be absorbed by FII's.

Imagine who is buying so much of volume at just 2 to 3 Rs premium? I believe they will buy low and take it to higher levels to get good gain.

I can be wrong if market goes down but then at every level people will buy and ultimately take it to 125 when market moves up again.

Thanks,
Srikanth
1484. rama |   Link |  Bookmark | August 20, 2009 10:44:22 AM
ADANI bhai ne sabko TOPI daldiya.
Disclosure: I have not invested in adani power ipo
1483. Sahil Mehta |   Link |  Bookmark | August 20, 2009 10:44:04 AM
Adani was expected to list at these levels because of its Book to price value and also its EPS...please dont go on what grey market says.See the Fundamentals and what technicals say.Grey market is speculation.See the Reality.But Adani Group has got good management and is a sound group.The Adani Power is a good Company.
1482. RAKESH |   Link |  Bookmark | August 20, 2009 10:43:27 AM
SELL AND GET OUT OF IT WAIT FOR MARKET TO CORRECT AND ENTER AGAIN WITH SOME OTHER GOOD SCRIP.
1481. BUBBLE |   Link |  Bookmark | August 20, 2009 10:41:23 AM
Srikanth, Even the FII seems to be investing for listing gains like Retail and HNI
1480. rakesh |   Link |  Bookmark | August 20, 2009 10:38:51 AM
NEW R POWER LISTED IN THE MARKET.
1479. Srikanth |   Link |  Bookmark | August 20, 2009 10:34:06 AM
It was disappointing listing for Adani but I believe Something is cooking up in the current IPO's.

Mahindra Holidays was poorly subscribed and got listed around 325 ie 8% higher but went to 380 plus levels in the next few days.

Raj Oil Mills was overpriced and poorly subscribed but still went to 125 levels and now trading at 90 levels.

Adani Power FII portion subscribed 39 times but still got less premium. If FII were ready to invest at 100 then they will probably buy here as much as they want if it is available even at 10 Rs higher. It is a matter of time if some FII puts buy button and starts buying. I think it is trap for Retail and HNI's to sell as they will be under pressure.

Even if it drops to 80 levels buy with confidence.

Thanks,
Kanth
1478. babab ramji |   Link |  Bookmark | August 20, 2009 10:32:53 AM
None of you know anything about the market..even i don't..its currenlty all speculation..son "dikhawe pe mat jao..apni akal lagao"
1477. Elan |   Link |  Bookmark | August 20, 2009 10:32:04 AM
Raj oil after listing went up 130
Adani such a big subscription trading less than listing price
What could be inner things !!!!

1476. AN |   Link |  Bookmark | August 20, 2009 10:27:21 AM
BOUGHT 1000 SHARES AT 101.50.BETTER THAN APPLY IN APPLLY AND WAIT FOR 15 DAYS
1475. CA NITIN |   Link |  Bookmark | August 20, 2009 10:26:22 AM
Dear Frnds

I already said that this IPO is not sure to give listing return.......

The current scenario of the market is very SPECULATIVE......

Even there is good increase in market then why the price is not moving???

I just suggest that "DONT INVEST BLINDLY IN ANY IPO ON THE HPOE OF LISTING GAIN"

One can buy Adani when i got dips.....i suggest to keep track the market.

Rgds
1474. Krish |   Link |  Bookmark | August 20, 2009 10:22:29 AM
Tejas, I don't think it will touch 120 today, because it started very weak and when it goes up there will be selling pressure and price will come down.
1473. yogesh |   Link |  Bookmark | August 20, 2009 10:21:46 AM
u can get adani in 80/-,if mkt goes negetive.ENJOY,
this blog is full of misguiders.
1472. Krish |   Link |  Bookmark | August 20, 2009 10:20:28 AM
expected only!!!
People were dreaming!!!
Adani did not give enough for the investors who reposed faith on thiem. Had it been Rs.90/= people would have got 10% margin.
Krish. Everybody wants to make money for them only!!!
1471. Tejas |   Link |  Bookmark | August 20, 2009 10:20:15 AM
I have just bought 100 share at 101.5 rate..... should i hold for trading purpose or sell it right now? I think it should close around 120

Suggest Me
1470. INVESTOR |   Link |  Bookmark | August 20, 2009 10:17:44 AM
WHERE ARE ALL THOSE GUYS WHO WERE TELLING 150/- INTRADAY...
SALO...DON'T MISGUIDE PEOPLE...NOW MARO APNI...
1469. smart investor |   Link |  Bookmark | August 20, 2009 10:17:19 AM
Folks, adani is another failure like Reliance Power... I had a bitter experience with Relaince power... All a big hoax!!! i thank my stars for havung avoided adani... for sure u can buy it in the mkt below issue price i.e. 100. All the best!!
1468. IPO Guru |   Link |  Bookmark | August 20, 2009 10:15:35 AM
ADANI WILL TOUCH RS. 90 WITHIN 1 HOUR
1467. deep |   Link |  Bookmark | August 20, 2009 10:14:56 AM
bad listing.. what to do now