Guy's this is a very good chance to earn money!! Dont miss this application!!!Major share brokers have also recommended the same!! grey market premium is around Rs15-17
Guy's this is a very good chance to earn money!! Dont miss this application!!!Major share brokers have also recommended the same!! grey market premium is around Rs15-17
the company has come out a very poor ad in the leading newspapers providing its clarification that 'they themselves withdrew their lising app with nse as they do'nt meet the profitability criteria 'it is funny to see then why the hell they hv put an listing application.therefore, complete avoid this.....as neither the modis nor its company secretary have any sort of idea for enhancement of shareholders value. there's no transaction today in grey market today as no body is willing to buy as there's no surety if the takeover will be materialise at all.it will be trading in the range of rs 30-40 after initial listing hype. avoid by all means..............
There will definitely be listing gains and since spice is a definite takeover candidate.
Moreover being a big issue, the chances of getting allottment are very bright. Even if you get 330 shares ( provided you apply for 2160 shares) and get Rs.10 per share as gains , you stand to make Rs.3300/- . cool isn't it.
One more positive of this issue is the sector. There are 4-5 listed company in this sector.
Inspite of such negatives of being loss making, All views in all the sites and newspapers (economic times - The investors guide) are very positive of getting listing gains.
Taking all these into consideration,I feel one should apply . All the best.Happy investing.
All the major brokerages putting an "Apply"..can you please tell why not to apply?? Why such negative sentiment..the day his gets aquire..u geta fortune..and the aquisition is inevitable!!
According to research it’s offered at substantial discount, compared to the valuations idea commands. I think it’s a sure shot first day hit story. Foreign companies like Lehman brothers have already blocked a large chunk of shares @ 45/per share. Wake up guys get going..money is calling!!