Has anyone got refund money from CBI IPO? Please let me know. I have applied for 480 shares, but did not receive any refund till now. Actually refund is made prior to allotment right? I request everyone to throw some ight on this.
Now u have to decide what to do....IndiaBulls are not fullish.
Indiabulls Cap Svcs buys 9.45 lakh shrs of Omaxe 2007-08-10 09:01:22 Source : Moneycontrol.com Email Print Version Omaxe, real estate development and construction company, has started with expected premium of 29% at Rs 400 as against its issue price of Rs 310 and touched a high of Rs 448 and low of Rs 341.40 and remained below Rs 375 through the day.
On the NSE, the share closed at Rs 349.35, up 12.69% premium, with volumes of 2,94,43,704 shares. The turnover was at Rs 1087.23 crore.
The stock has witnessed one bulk deal on the NSE yesterday and that is on the buying side. Indiabulls Capital Services has bought 9.45 lakh shares of the stock at Rs 350.93.
Omaxe: Sell Sell Sell. Refer to the article from http://www.indiadaily.com/editorial/17769.asp . Banking & Real Estate stoclks are going to suffer in the near future as a result of US subprime real estate crisis. Banking Sector Collapse is also expected.
Subprime financial meltdown exploding into other areas and continents – a global financial catastrophe Karen Zuba Aug. 4, 2007
The subprime real estate fiasco is the worst case unprofessional management of money in the history of the world. The hedge funds, private equity funds, investment banks and commercial bank’s threw out the basic conduit of money management – the risk assessment to capitalize on economically slaving poor people to make ‘easy mo0ney’. The whole thing also got support from Federal Reserve under Alan Greenspan through the concept of overlook and do not ask.
The situation far grimmer than one can imagine. When prosperity is based on ‘house of cards without foundation’ the catastrophe is severe. This is exactly what is happening to the financial system. The prosperity in the economy was based on borrowing against home when clearly people could not afford the loan in the first placed.
Now the well-paid financial managers are confessing that they really gambled with clients’ money. The effect is severe. This will be the root cause of depression in the economy and a total banking collapse between 2208 and 2015.
A global financial catastrophe is in process. The worst affected countries will be China, India and other emerging nations. Living in borrowed money has become a norm in those economies. The subprime real estate meltdown will cause US economies to stagnate in the beginning and get depressed in the later years. But the lower conswumer and corporate demand in America will create massive unemployment in emerging nations like India and China.
The financial meltdown will eventually bring worldwide depression that will stay for many decades.
Guys, Still the allotment is not out. I spoke to their office, allotment will be out only on monday so be cool and wait for some more time. Guys who ever is spreading rumours pls stop doing it.
Let us not fool around. Please do not use such a ugly word. CBI allotment detail will be availbel from 13th onward only. Let us use this site to share fact.