Sanjay is absolutely wrong and he is incorrect in saying he got 600 shares.
Firstly dont go by oversubscription for listing gains. secondaly the share is priced at much discount with its peers even though it is biggest in travel and tours. this is a very small ipo by size only about 600 crore.
This stock will keep going up after listing as fair value for this stock is atleast 600 rs. Mark my words and i will be back on listing day
This share will find it VERY DIFFICULT to cross 350 on the listing day. Reason being the huge quantity of shares retailers have got (oversubscribed<1). Disclaimer: I have 600 shares of CNKLIM.
i have traveled usa & europe in their tours. They are excellant. their grass root net work is superb.they are bound to spin huge profit.ithink it will list around 400 and may touch 600 in a year.
will list on 10th Dec.09 and will prove a strong script after listing and may reached around 680INR in one month. don,t sell in hurry iy you could get allottment
Dear Freinds, CNK will list on 11.12.2009. It is definetely not on 10.12.2009. Hence as per law issue will list within 21 days of Closing i.e. on 11.12.2009. If at all it was on 10th official notification has to be issued by BSE on 8.12.2009.
I am sure that this IPO was modestly priced and that we will have good listing gains (expecting 20% profit). But expecting Rs 700 price target for the stock is expecting too much of it. And this cannot be expected. However funny things happen in stock markets, we all know that.
I have not seen any information about the listing date, It will definately provide the listing gains on immediate basis and a very attractive gain for a six month to a year horizon.
Going by the recent IPOs which were listed in 20 days, I think Cox and King shall list latest by Friday.
Cox & King will list ssomewhere around the 1oth or 11th Dec09. it is an very handsome opportunity for those who missed the IPO. definately will list around 380-400 and will become reached at 650 in six onths