Mindblowing listing & supernormal loss in Globus Spirit IPO. I wanted to ask those people who were saying that it will list around 120/- & can go to 150/- levels.
AMAZING. Just look at Jindal Cotex IPO did not find favor with biggies like QIBs. Moderate over subscription. But look at the listing gains. Never went below offer price. Steady at 93, which is more than 23% from offer price. Adani,NHPC never behaved like this.
Is there any lesson in it. Stock prices are rigged,manipulated by big share brokers of Mumbai. It is not fundamentals at play. Low floating stock.Easy to rig and take it up.Have a ball.
DEFINATLY LISTING AROUND 250+....IT IS THE GREAT COMPANY....AND EVERY BROKEN THE RECORD IN INDIAN STOCK MARKET LISTING RECORD IN THE FIRST DAY....BA-BYE..CHEERSSSSS......
A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street - a community in which quality control is not prized - will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest." - Warren Buffett
Buy this stock on listing. It will surely surge after listing as it has the best valuations when compared to its peers and companies that recently floated IPO.
hello friends....don't worry about this listing...because it has to be list above 201+....because my "antar atmaa" say it can achieved intraday target 250+.....looking on the listing day....it will be broken all the indian stock market listing record....
Please read my previous message No.164. S P Tulsian has recommended Empee Dist., 2 years before @ 410/- for the best buy , as well as to apply at the time of IPO. what happened, everybody is aware of the fact. EDL story was better than Global story. IMFL, Power, Real estate. what happened. 99% of the investors have burn their not only fingures but whole hand. this time also SP Tulsian has recommended this stock. so everybody should be very careful and wise while taking the decision.
the positive think is employee reservation if 100%, which means employees also sure about the returns, as are working with them only....so hoping for good returns.
IN SAB LOGO KI BAAT PE SE EK BAAT TO SUCH HAI KI YE ISSUE INVESTOR KO SHAYAD 30 TO 40 % RETURN JARUR DEGA, PAR MUJE PURA VISHWAS HAI KI YE LISTING HI 201+ KE UPPAR HI HOGI. I HOPE THIS IS ANOTHER UNITIED SPIRITS, BECAUSE YE COMPANY VIJAY MALYA KA BHI BAAP NIKLEGA.....
As per the management expectation company will achieve 40% groth in FY10 which means company's Eps will be around 14-15 on dilluted equity..Considering average pe multiple of other spirit company which is 15-20(excep tilaknagar ind which has its own issue) on a conservative basis also company can list between 150-200..So enjoy the ride and i would even ask to buy if its open around 110-120 for intraday gains..
Enjoy its going to give best return among all the recent IPOs..