A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
This is a Scan of the OIL IPO I like OIL…Rs 1050 (FV Rs 10) Upper band Price appears fair…but I would await Listing before consdering any meaningful exposure In it’s continuing disinvestment exercise now the Government wants us to explore OIL with it…but at an upper band IPO price of Rs 1050…OIL will raise Rs 2777 crs at this price …
I had told you that the Government was Greedy when it priced the NHPC IPO at Rs 36 Listing Gains were indicated…but yesterday the Listing was listless and it was only some strong face saving market making that kept the price over the Price decided of Rs 36 But today it dropped to Rs 35.75 on …
NHPC drops below Issue Price of Rs 36 on second day of Listing Read More »
It can’t be just a coincidence that this is my Blog Post No 420 ! Austral Coke came out with it’s controversial IPO in August 2008 in the price band Rs 164-Rs 196 for a FV Rs 10 share…The price was fixed at Rs 196 and it got listed on BSE on September 4,2008 rising …
I had warned you on July 25,2009 that Adani Power (APL) may not have an exciting Listing…Though the grey market Premium of Rs 10 had indicated listing gains……Check out my take on the APL IPO IPO of Adani Power at top end Rs 100….Aggressive Pricing makes it an Aggressive Investment It listed today and struggled right through …
Adani Power Struggles on Listing today…saves face by closing at Issue price of Rs 100 Read More »
So it’s finally Out…it’s a drought…the short term Monsoon,rather the lack of it, trigger begins to impact the Sensex….I had warned about this on June 24,2009……Click on Monsoon Fears fuel Sensex Fears Liquidity and Momentum and Pacifying,Assertive and Assuring Government and Experts Voices in India and overseas had kept our Sensex on track for new recent highs…Irrational…given the …
Calamity Drought and you yet want the Sensex to continue to Celebrate !? Read More »
The NHPC IPO : Market Hype and Seduction The Market is in Love with the Power Sector Even at Top end of Rs 36 of NHPC’s IPO Pricing Range, the current grey market premium of Rs 8-Rs 10 is indicating listing gains….The Issue opened this morning and has crossed 3 times oversubscription till afternoon…so clearly the market …
NHPC IPO at Top End of Rs 36…It’s a tradeoff of your Greed and that of the Government ! Read More »