Dear retailers, my broker friend has confidently told me that the stock is listing in discount in advance and I believe what he says. Reasons a) The growth prospects of company in future is debate worthy with decreasing desktop, laptop sales to the tune of 30% year on year. b) Inbuilt antivirus by windows in the form of windows defender which is the best anti virus. c) Increasing sales of smart phones and smartphone capability to carry out complex tasks thus replacing desktop/ laptop computers. d) Even businesses preferring to give smart phones to their employees to have flexibility to work 24 hrs either from office or homes. e) The company is hardly making any profits with new tax liabilities to the tune of 1000 crores approx declared on 28 Jan 2016. Although QH has said that it is going to contest the said tax liability. f) The continuous downtrend of stock market due to FII withdrawals.
No panic mongering but its duty of everyone to know the truth. Best of luck to all who have been allotted the shares. May u make money. Remember the golden rule:-
NEVER TAKE MORE THAN 10% LOSS. DO NOT GET ATTATHCHED TO A STOCK.
669.2. Eagleye| Link| Bookmark|
February 16, 2016 5:43:08 PM
IPO Guru (6600+ Posts, 21900+ Likes)
are you sure the Tax demand is One Thousand Crores?
egaleye sir/madam, o out of 10 in Qh but ipo subscribe 3.5 time in retail how can possiable. can we lodge any complain in sebi or linkintime please help me