Feedback Message Board

In todays market......no instrument is risk free. Novice investors should exercise special caution in buying specifically to tender those in buybacks. During end to end buyback duration, the stock will gyrate and it is upto the individual to decide their own entry point (if they decide to participate). No one can be sure that at what point in Buyback duration, the stock will be up and when it will be down. Comparing one stock to another for buyback and also comparing one buyback issue of the stock with the earlier issue of the same stock is no way fail proof. One should understand the potential risk and return from the issue and should take their own decision and avoid being guided by others. As no expert is really an expert.

You are always welcome KSRK ji.Welcome back to the forum Good to see you back...hope everything is fine at your end.

IPO Mitr ji,
Thank you very much for your kind words. Yes, everything is fine. All the best.

Stock has fallen almost by 20% from the high of 310 on 16th Feb. Unless Buyback ER and subsequent AR is reasonably higher....most of the Buybackians will suffer losses... It may again prove.....No buyback offer is 100% failsafe..

Wish everyone good luck for healthy ER and AR. Happy investing.

ER of 6%. All the best.

HCL and TCS both had margin miss last quarter and HCL quarterly growth rate is higher than TCS, But still market punished HCL badly for margin miss (down 7% today) but TCS escaped unscathed. The reason is not difficult to comprehend .........Buyback which was strategically announced only few days before the result declaration.

One can expect significant price reduction post record date which should not be a problem for long term investors. I also believe that record date may be delayed deliberately by TCS management to support the stock with Buyback.

Entering into the stock just for buyback has its own issues and each one of us should take call based on their own risk profile rather than following the herd.

I believe that stock will oscillate within wider range of 3800 to 4200 before the record date.

Sir,,
a) It may be..
b) every company has its own peculiar trick
c) True
d) Possible.. even in that (undesirable) case there is something to gain.

Even without war, the TCS stock was destined to underperform its peers like Infosys & HCL Tech in the short to mid terms because of the relative business under-performance for last few quarters. News of buyback has been supporting the price so far and then the war started.

Blind buying for any corporate action doesn't work always and the new investors will do better if they are aware of the risks before following the herd and nurturing "un-realistic expectation of guaranteed gains without having any knowledge and skills." Now most of the folks will not have any options but hold and keep the money blocked for longer term or book loss & exit from the left over stocks after buyback tendering.

Gulf Oil Lubricants board approves buyback

Buyback Mode: Tender
Buy back price Rs.600
Current market price Rs.494.3 (NSE)
Buy back size 14.16.667 shares (9.8% of paid-up equity share capital and free reserves) & o 2.8% of paid-up Equity Share capital
Promoter's holding 71.82%
Record date 21st February 2022

Gulf Oil Lubricants board approves buyback

Buyback Mode: Tender
Buy back price Rs.600
Current market price Rs.494.3 (NSE)
Buy back size 14.16.667 shares (9.8% of paid-up equity share capital and free reserves) & o 2.8% of paid-up Equity Share capital
Promoter's holding 71.82%
Record date 21st February 2022

Mayur Uniquoter Buyback is coming up subject to shareholder approval.

Only 650000 shares will accepted in buyback which is too small a number to be effective for new investors in stock.

typo 625000 shares 1.4 % total paid up shares

INR 2.5 to INR 3.5 dividend expected ..Record date 26/02/2022.

MOIL is a very good short term opportunity to earn minimum 5-10% in a weeks or10 days period. Remember, it is a very very high probability opportunity but not a guaranteed one.

Happy Investing.

Nucleus software did not have very good Sep'21 quarter result. Share price was supported by buyback announcement which was already announced before announcement of results.

There is the possibility of +10% share price fall just after the record date. Suggest everyone to consider this possibility and decide accordingly.

KSRK ji,
as per the draft letter of buyback of Nucleus software, it is clearly mentioned that
the Promoter and Promoter Group have expressed their intention vide their letters dated Thursday, September 23, 2021 and Friday, September 24, 2021, to participate in the Buyback and may tender up to an aggregate maximum number of 1,08,710 Equity Shares or such lower number of shares in accordance with the
provisions of the Buyback Regulations/terms of the Buyback. Hence chances of more AR in non retail quota is not feasible.

Jaiswal ji,
I believe that the quantum of 1,08,710 shares is very much negligible when compared to around 18.5 lakhs available for buyback in non retail category. If i am wrong, please correct me. I don’t mind even if I am proved wrong. Thank you.

Admin: There is no point in putting separate placeholder for different Rights Issue at this juncture. No one will come here and waste their time and browse each and every Rights issue link for comments. At this moment 99% of rights issue placeholders are empty.

Suggest to keep single placeholder for all rights issue posts and if that becomes two large then every six months another placeholder may be created.

It will remain catch22 situation. If it takes too much of investors time to interact and find very few useful info, they will not come here and unless they come here there will not be much useful info. Anyways..,.chittorgarh admin will decide based on what they believe will work for their website. I rest my case.

Chittorgarh Admin:

These buyback placeholders have very few messages and navigationally it is very time consuming to go thru each and every placeholder to find useful info. Also it is very cumbersome for an admin to keep on creating separate placeholder for each and every buyback.

Suggest to create a time based ( Buyback closure date) placeholder with a start and end date and within that link first person posting can create a separate thread for each IPO. This way navigationally it will save a lot of time for the users. Later on when Buyback discussions become popular than we can revert back to the current system. Right now it is too much of work to navigate when there are very few messages/discussions in separate buyback folders.

lokes, probably you did not read my suggestion properly.

I am not saying doing away with separate Buyback placeholder completely. But doing away with separate placeholder for each company within Buyback.

If we want the buyback discussions to take place in buyback area of the website then we will need to reduce time for people and make navigation faster. I believe this is the reason why people still keep on commenting in IPO folder because they do not want to spend more time.

Just a thought which can lead to more discussions on buyback in buyback area of the website.............

@ipo mitr: i have read and already replied accordingly that having different buyback pages is good to have for each buyback. Each one is different so like ipo's it has to be different pages , and like in all other websites.
People used to comment in ipo folder just because to get more attention from more people, nothing much and because previously these buyback pages were not at all active and now already some discussions started happening here.
So now people need to come here and paste messages at respective place intead of again going back to old things and if many will participate here in discussions, then these will also be helpful to all users and even for chittorgarh site.