AVOID ALL IPO--------in this market now no of very good shares available at very attractive rates buy fundamentally good stocks from secendary market instead of investing in over valued ipo
we really need proper guidence from experts we have to change our attitude bcoz this condition will not remain same long time - shortly market will go on positive way so have to invest in this issued - it is reasonable price band
POWER GRID IS HAVING EPS AS 3.9 AND PRESENTLY TRADING AT 95. REC IS HAVING EPS AS 8.46 AND AVAILABLE AT 90-105. GOLDEN OPPORTUNITY AVAILABLE TO PURCHASE IN IPO. GO FOR IPO OF REC.
Pick REC from the market on listing at a discount of 20%-30%. The budget will not help the secondary market in anyway. Avoid applying for this IPO. You can look at it if the repricing happens to around Rs.70-Rs.80
Power grid was offered at 12X EPS and is trading today at 23X EPS. REC is being offered at 12X EPS of 8.9 Will be good for an investor in any market condition.
i Like to advice all the invester of reliance power to complain Finance minister for this ipo.all the under wrriter had missgided to retail investers. so finance dep should take action to protect retail investor and order to company to decide fair value of this share and refund. and that is about 300 and reliance power should pay Rs 130 to Retailer and 150 to HNI And QIB.and Mr Chidemberam Should take action Against Under wrriter and grading agency.other wise this Govt and sebi and promoters will loss thar public faith.
WILL COMPELETE A HATRICK ON IPO CRASHES APPLY IF U WANT TO LOSE MONEY SHOULD BE PRICED AROUND 60 RS IF U HAVE MONEY U CAN BUY ANY OF NIFTY SHARES BLINDLY MOST ARE DIRT CHEAP
REC is one of the mini ratna and in my opinion it is very good script for investment for long term.all financial institution is doing well in current market being a PSU it gives further comfort to investors.Moreover the script is valued reasonably at 90-105. wish u good luck