Warren Buffet earned lot of money in shares, simply keeping faith in sound companies even when they were incurring losses or were quoted below par during initial days. Remember Petronet LNG was quoted below par after issue closed.
..... My sympathy for those who lost money in ipo's. Do take best care of yourselves... it is your money... if lost in market, dont blame anybody.. because nobody is SNATCHING money from your hand.... u r willfully investing....if no loss is there, every OM-DICk-HARRY will put money in share market and nobody will do their work.
255. CHD| Link| Bookmark|
May 11, 2011 9:00:37 AM
(1100+ Posts, 500+ Likes)
HOW EASILY FUTRES VENTURS COULD ROB THE INNOCENT PUBLIC OF A NEAT PILE OF Rs. 7.50 BILLION ?
THERE CAN'T BE AN EASIER WAY TO RAISE MONEY IN THE MODERN INDIA . HA , HA, HA ....!!!
NOW MANY MORE BIYANIS MUST BE WAITING ON THE SIDELINES TO MILK THE EAGER IPO - INVESTORS.
JAI HO SEBI KI !
254. CHD| Link| Bookmark|
May 11, 2011 8:38:12 AM
(1100+ Posts, 500+ Likes)
SGUPTA @ 255 - THIS IS HIGHLY UNETHICAL , BAJPAI AS CHAIRMAN .
EX-CHAIRMAN OF SEBI GUIDING FUTUR VENTURE IN THE ART OF LOOTING THE PUBLIC THRU IPO.
WHAT PROTECTION CAN INVESTORS HOPE FOR FROM SEBI WITH SUCH PEOPLE HEADING THESE BODIES
Age old saying...if something sounds too good to be true, it is propably a scam. Should have realized the warning signs when Biyani priced the (faceless) share at face value. Luckily I did not go full and hence lost only a few thousands and bailed out today with remaining money. This is my first comment in Chittorgarh after following it as a guest(without commenting) for 3 yrs. I beleive in value shares from the open market and am glad to say that I have kept out of many of the IPO's. My experience has taught me that out of 100 IPO offerings, 90 of them are plain robbers where you get a "blind hit" courtesy operators. And from the remaining 10 8 of them are overpriced and the remaining 2 are not worth the risk as they will inevitably get oversubscribed and you end up parking lakhs in the IPO). You will get a better chance of sucess in the open market with the right stock picks.
Future Group & Biyani have done it again. They are sitting pretty at accumulating cash, while, retail investors has again being duped. Those all who have applied should have seen comments by Chittorgarh experts who had told to avoid issue. While all brokerages have told to subsribe the issue. Chittorgarh experts ( Gane, Gem, to name a few) are doing good work without any gain while all brokerages are getting money/commission. So from now onwards, we must unite and should apply only in those IPOs in which our Chiotorgarh experts strongly recomend the issue. Also dear experts, what your take on Galaxy & PFC. Should we go for full (2 lakh) application or partial ( 50000 or 1 lakh application). Guide us as you all have always been.
BIYANI KI BIRYANI KHATAM HUI. GOD BLESS POOR AND GREEDY INVESTORS. JAGO INVESTORS JAGO. DO NOT THINK OF LISTING GAINS. SEE THE FUNDAMENTALS OF THE COMPANY. IF THE COMPANY IS FUNDAMENTALLY STRONG BUT THE IPO IS OVERPRICED. IGNORE IT. THINK IN TERMS OF PERCENTAGE HOW MUCH YOU CAN GAIN ELSE HOW MUCH YOU CAN LOOSE.
Today it is sad listing for future ventures... My sympathy for those who lost money in ipo's. Do take best care of yourselves... it is your money... if lost in market, dont blame anybody.. because nobody is snatching money from your hand.... u r willfully investing....if no loss is there, every tom-dick and harry will put money in share market and nobody will do their work.