HAVE ANY ONE OF U NOTED THE IPOS IN 2010 THAT ALL OF THEM WHICH ARE LISTED ARE SHOWING A GOOD RETURN IN NEXT MONTH SO IF U CAN REALLY WAIT FOR A MONTH ALL OF US CAN EASILLY GET A RETURN OF 200% FOR SURE
Though reatil participation is less than 1 times and seems quality investors after understanding the perception of realty sector have applied. QIBs are approximately 20 times subscribed. Hope listing would be higher.
@378, Anonymous. Thank u very much for ur comments. What may be the trading strategy on day 1 of this stock? U specified the term of 6 months. How the stock performance for 1 or 2 months? This will be helpful for the short term traders. Regards Subramanian
Dear Suramanian Nagarajan, Yes sir. Without any media hype and other means, Oberoi could raise USD 3 Bn ( 13577 cr) from QIBs put together. Unfortunately retail behaves in heard mentality and only truly knowledgeable investors applied. please wait for 100% gains in 6 months. See what has happened to the ipos where QIB investor demand was 20 times or more! ( career point, VA Tech etc)
Please give ur valubale comments: Fundamentally this company is strong. HNI & Retail participation r low, but QIB is more than 22 times. May be the retailers will sell the stock in panic or they want to use this money to some other IPO (may be for Coal India). So, instead of going for listing gain, shall we wait for some more time to get the profit.
it would be better than prestige. hope the hopes of retail investers confidence on this ipo can alive event with probable onslaught of Coal india ltd ipo!