As per news report in todays HT and TOI, Delhi, the number of subscribers using mobile phones in India will be more than that of USA by May-2008. Hence there is lot of potential to grow for this company which is already operating in a nitch area and enjoying almost monoply. When you have already made a brave decision in applying for this IPO in adverse market conditions, then there is no need to panic sell your allotted shares. Hold and be invested in this great story. Don't sell less than 800 in the short term and hold for 1200 to 1500 in medium term to long term.
It will be difficult for on mobile to sustain at 400 levels. But again the floating stock is low and price s can be managed at 600+ if management wishes so.
Sentiments in the market has turned positive and the sensex is in positive territory with a good width. Believe that Onmoblie management shud manange their listing with good intentions.
ALL YOU PEOPLE POSTING MESSAGE IN HEAR ARE ALL KNOWING THAT THEY ARE MISGUIDEING OTHERS AS WELL AS READERS KNOWS THEY ARE BEING MISGUIDED BUT STILL ARE COMMIMG & POSTING & READING THE MESSAGES.
i think ogl will definitely give good returns on listing.just see the qib portion its 17 times subscribed.there is something in it that qib has taken part in good nos.
Onmobile will definitely list at Rs. 650/- - 725/- and it will sustain at 700/- level if the market can sustain around 15000 on the day of listing. Grey Market is under quoted because lot of investors want to purchase at lower rate. Hence, it will definitely list and sustain around Rs. 700/-.
Few days back... there were no one to advice as the market was volatile.... Now that the market is in an upward trend everyone has come to advice... their advice being SELL.... Those who have been alloted the shares... Think before you act.... Happy Investing!!
ogl will list at Rs.400 and then after will go to discount 25% from offer price.one month target Rs.200 for re purchase,likes empee distilleries is working Rs.175 against offer price Rs.400 so no more big expection from this stocks.very high price issue. god bless investors.
Bombay Stock Exchange has announced that effective from Tuesday, February 19, 2008 the equity shares of OnMobile Global Limited (Script Code: 532944) shall be listed and admitted to dealings on the Exchange in the list of ‘B1’ Group of Securities.
The equity shares of OnMobile Global Limited (SymboL: OGL) shall be listed and admitted to dealings on the National Stock Exchange w.e.f. February 19, 2008. Trading shall be in the Normal Market segment – Compulsory Demat (Rolling Settlement) for all investors.
HI IT IS CONFIRMED THAT ISSUE IS LISTING ON 19 FEB. AS PER GREY MARKET PREMIUM AVAILABLE TO US IT WILL BE LISTED AT 475 OR SO BUT IN THIS SHARE ONLY VESTED INTEREST WILL RULE ONLY. OPERATORS TRYING HARD TO ENCASH THIS ISSUE NO GREY MARKET SODHAS ARE PENDING BECAUSE THIS SHARE COMMAND NO HEFTY PREMIUM, ONLY RS. 50 OR 60 PREMIUM WAS AVAILABLE IN GREY MARKET.
ONLY A HANDFUL OF INVESTOR WISHES TO SELL, FII ARE BIG BUYERS AND OPERATOR TRY TO COLLUDE WITH FII BY BRINGING THE PRICE DOWN THE PRICE AND SELL AT HIGHER PRICE. PATIENCE IS THE ONLY MEDICINES AVAILABLE FOR GENUINE INVESTOR IF INVESTORS HOLD ON TO THIS GEM COMPANY HE WILL DEFINITELY REAP GOOD RETURN, OTHERWISE PLAY IN THE HAND OF OPERATOR AND SELL CHEAP................BYE AND TAKE INFORMED DECISION
100 PE IS THE REASON NOT GET MUCH RETURN.MARKET POSSITION IS WORST.IF YOU CAN SELL AT 440/450 .THAT IS YOUR GOOD LUCK.I AM AFRAID THAT MAY POSSIBLE TO LISTED BELOW IPO PRICE