All navaratna IPO will be oversubscribed and exchequre will be flooded with money, But no need to celebrate.The money has already been siphoned of though CWG.And Nobody will be surprised if one fine day we find these navaratna Companies are controlled by CWG scamstars.
All navaratna IPO will be oversubscribed and exchequre will be flooded with money, But no need to celebrate.The money has already been siphoned of though CWG.And Nobody will be surprised if one fine day we find these navaratna Companies are controlled by CWG scamstars.
I THINK IT IS A ONE TYPE OF GIMMICK TO ATTARCK THE PEOPLE ON BUYING AT ECONOMIC PRICE, BUT IN RESULT THEY ARE NOT SO MUCH TO HAVE EXPECTED ECONOMIC PROFIT AS PER AS THINKING, AS THE COMPANY HAS TAKEN SUCH A GIMMICK TO BUILD ITS BACKBONE DEVELOPING THROUGHOUT OPEN INTERVEL IPO, AND COULD BE ABLE ON AVAILABLE FUNDS IN ITSELF, IN RESULT FOR CONSECUTIVE YRS TO MAKE UP REVENUE UNABSORVED LOSSES, EXPENDITURES, IN SUCH A PROCESS IT GROWS MONOPOLY MARKET AT 0 OUTPUT, AND DOES NOT COME AT ECONOMIC STAGE, SO PRICE PER SHARE ANY TIME COULD BE SLUMPED DOWN THAN PRSENT RATE.SO THE BUYERS SOULD BE AWARE AT SUCH ENTICE
It is unfortunate that in India, the stock prices are not indices of the performance of the companies. For instance, the stocks of a cement company floated by the son of ex chief minister of Andhra Pradesh are quoted at more than Rs.300/- even though not a single bag of cement is produced even after 3 years of going to public.Unfortunately, the innocent small investor is the scapegoat and the Bada Babus become Billionaries.
Re: Coal India IPO
by Bhajiya on Oct 19, 2010 08:38 AM
Man Don't worry this is where most Corrupt Crooks and Money Rich Stupids do the business. If you are gentleman and commonman forget all this hype and painful propoganda reinforcing belief in the mind of people that world exist here on IPO and ends here with IPO.
