RPL Listing on Monday - Lets Discuss

aijaz159 · #11 9th February 2008, 04:20 AM

Dear Frends
I would like you all to give your views on GVK POWER & INFRA. stock this was trading above Rs.640 on 8Feb08 this stock has crashed by 90% its current value is 64.80
I cant understand, was this a fake counter, brokers pumped it up, what about retail investors - experts, profs, traders, insiders pls give your comments.
ajaz

saadukhan · #12 9th February 2008, 07:37 AM

Hi !!!!!! everybody this is my first post ever i m totaly novice.
i hope to learn alot along the way i depend up[on u guys
thannks

prabhjeetrana · #13 9th February 2008, 11:55 AM

REPL looks to have about same future as both RNRL & RPL which also sterted their IPOs with big bang and then went down for some time before finally rising to levels which no investor had imagined at IPO. So its pretty clear that REPL may go down even below IPO price due to bad market conditions but is expected to go much higher than IPO price though I for my money would like to wait for sometime before a clear uptrend emerges

raghav1366 · #14 9th February 2008, 06:27 PM

Quote:

Originally Posted by prabhjeetrana

REPL looks to have about same future as both RNRL & RPL which also sterted their IPOs with big bang and then went down for some time before finally rising to levels which no investor had imagined at IPO. So its pretty clear that REPL may go down even below IPO price due to bad market conditions but is expected to go much higher than IPO price though I for my money would like to wait for sometime before a clear uptrend emerges

rpl - my preference is to sell the rel power at 575-600 up above levels on listing and since it is certain to get at issue price - or near below that in short term. this will also help all our allotments x 17 nos to sell and book profits and get 100 - 200 shares in a single name at a later date - ofcourse with profit. trading comrades may comment on this line of thinking.

niksan · #15 9th February 2008, 07:15 PM

All the over subscription reliance power received was majorly because of:

1. Of course, the name "Reliance"

2. The IPOs in previous months got a huge response too and were listed at a much higher price and people almost doubled their money in a single month.

3. The reliance power IPO was much talked about before it hit the markets, and made people very curious about it.

4. The markets had not crashed when the IPO was launched.

5. Most of the retailers want to make a quick buck by selling it off on the listing day.

I think on monday reliance power is going to crash a few hours may go below the IPO price, where some buying could come in, since there are a lot of people who wanted this share but couldn't apply for.

Venkat123 · #16 9th February 2008, 09:14 PM

raghav,
In my opinion many investors will be trying to do the same. If you want to do it, try to be one of the first to sell.

parag2122 · #17 9th February 2008, 10:57 PM

Rpl MAY List Betn 635-675( AS ADA NAME) And Close It By Approx 400 Or Below.. And Next for Few Day it May Around Max..400-425....means Iretailer May sell at time of listing And Group May Buy At Throw Away Price. While Market In Good Mood This May Up By 750-850 And Public Will Again Join And They Will Make A Huge Profit...as At listing days Even Hni R Also Not In Profit.as market is in bad mood..so They Will Try To Aquire At Lower Level Which May B Kept For Few Days...and Then May Shoot Up Price...so Hold The Share And Just Watch And Wait Till June Or July...

digest · #18 9th February 2008, 11:12 PM

Quote:

Originally Posted by kshemankar

People went behind R Power just because of the name "Reliance".
They have forgotten that the "Reliance" that gave them money for decades was run by Dhirubhai - an entreprenuer...

R Power - on the other hand is Run by ADA - A Pure Financial Manipulator...

This mistake will cost the common man very dearly !!

I second this opinion

digest · #19 9th February 2008, 11:27 PM

RPL and reliance power are 2 different issues cna not be mixed(as being discussed in same thread.)

Quote:

Originally Posted by niksan

All the over subscription reliance power received was majorly because of:

1. Of course, the name "Reliance"

3. The reliance power IPO was much talked about before it hit the markets, and made people very curious about it.

4. The markets had not crashed when the IPO was launched.

5. Most of the retailers want to make a quick buck by selling it off on the listing day.

I think on monday reliance power is going to crash a few hours may go below the IPO price, where some buying could come in, since there are a lot of people who wanted this share but couldn't apply for.

1) HNI have applied for reliance power IPO from loan money form bank. which will cost them somethign between 950-1000 per share.
2) reliance power IPO issue initself is abig issue and is it easy to manipulate it?
3) What i feel is i will sell it for now. book profit( if possible)

will stay away from it for now. if i have to invest my money i will look for better oppurtunity at the right time.

RPower might list somewher ebetween 600-650.
RPower has no business now no profit and at this market situation investing in such company is not a good idea.

its my view people out here might differ.

let other also post their view

surfingminds · #20 10th February 2008, 07:25 PM

Quote:

Originally Posted by judemit

Anything personal against him? Just curious.

FYI: Mukesh brought out RPL IPO in 2006 which was oversubscribed aswell (not to mention he sold some stake in the open market at a high rate and reported the sale to SEBI/BSE/NSE after few days. For me it looked like deliberate move to make some quick bucks at the investoor's expense). Till date RPL has not processed a single barel of oil. What do you say about RPL IPO. Was it manipulated too?
P.S: I have nothing for/against any of these Ambanies.

For me the rise in share price is just reflection of the public emotion and hunger to grab shares in reliance bussiness and this process we have neglected the risk associated.
During Dheerubhai situation was different.

TO take oil from mid sea is not a joke and it adds the funamental risk with the RPL bussiness.
Whatever If you want to make money based on market centiments good but if we look at fundamentals yes their are many other companies which has lower risk

lets watch till 2015 and see how they grow.. its realy challenging