U R NOT CORRECT IN SAYING NO PEERS FOR PERSISTANT SUBEX,TAKE SOLN ARE ALSO PRODUCT DEVLOPING CO GENERALLY THE COMMAND VERY VERY HIGH PE IF THAT IS THE CASE WITH PERSISTANT THEN NOT MUCH WILL BE LEFT ON TABLE FOR US
ARSS reached 750.I hold some shares bought @3.05 pm.Now I will sell them tomorrow at 760-770 & Say good bye to ARSS.Welcome DQE & Persistent systems.It is Outsourced product development company with profit around 100 cr for 2009-10 & No peer is listed.If anybody wants I can list out some more forthcoming IPOs.Their activity of business & other details.
OK folks ARSS has reached 720 the breakeven point of HNIs as predicted by me yesterday.I followed what I have preached.Bought the shares at open & now sold @720.I have made my profit of more than 3 full application even though I was not alloted any shares in IPO.I will revaluate the position @ closing time & then take a call.Congrats gem ipo & dear Ravi,Are you trading in ARSS today.If you don't mind kindly tell your positions .
Anita,Never put so much amount of money in small companies unless you are an expert trader having a strict stop loss.You can sell 900 shares above your cost price & hold the remaining 100 shares with stop loss given by our inhouse Technical analyst Mr.Ravi.Stop loss is 691 as per his charts with target 738-753 zone.
Chalo bhai abhi ek aur IPO Persistent system aa raha hai.54.2 Lakh shares sell karega. Persistent is in a fairly unique niche of providing outsourced product development services. Its clients are software product firms, such as Microsoft, and hence, its revenues are dependent on the new product initiatives that companies undertake. During the past few quarters, the recession has led most software product companies to go slow on their new releases and product efforts, adversely affecting Persistent’s business.
For Indian investors, who haven’t got too many opportunities to participate in the growth story of software product firms, the Persistent IPO will allow them to invest in a business closely related to the product business. Other than Persistent, Symphony Services and Globallogic are in the business of outsourced product development, but both of them are also unlisted.
CAN WE EXPECT MAN INFRA'S REFUND BY 10 MARCH SO WE CAN APPLY IN DQ ENTERTNMT., LOOK LIKE A REASONABLE SIZE OF IPO AROUND 130-150 CORES SIMILAR TO MAN;S SIZE..........
yes business standard has reported on 8th january'Animation and gaming firm DQE India is planning to hit the capital market initial public offer to raise Rs 150 crore to part finance its expansion plans'. You are correct price would be 90-95 range.
I & My group earned Multi Billion $ from Stock market. Since 1956 we earned @ CAGR of 16 % If anybody have a skill of earn more than 16-18 % Annually . Please come and take my sit Thanx