rakesh jain Nov 24, 2009 1:06:57 PM IST Cox and Kings (India) Limited
Rakesh Those who are predicting.... they have applied for it, and They can dream its value to 750/- to 1560/- OR at any imaginary value. they don't consider fundamental They just waste this space...by writing any thing which they like...
profit as on 31st march is 38 crores. total issue is 1.8 crore shares. i am not aware of % of fully diluted capital. but i am sure that from no angle it is worth more than 15-18 PE. so now fix price which certainly will not come more than Rs. 200 per share. tell me the way of calculating fundamental which gives the price 450 or 500.
US might take a second dip of recession and if that happens then once again there is a chance that Indian market may collapse. So, please invest with caution.
dont go on QIB fiqures we all know that they can still cancel their application and god knows how many of HNI have made stop payments of their cheques..this is just to somehow lure the retail investors to apply for IPO and fool them.still a possibility that a operator as usual can try to jack up the price so that the scheme works for future IPO and retailers can get lured into poor company IPO,beware these are calculated tricks played by big operators