DAYLIGHT ROBBERY in the form of IPOs

rajeshn2007 · #1 14th January 2008, 08:05 PM

look at the number of ipos hitting the market with poor fundamentals.
rel power with eps of less than 1 re. ipo amt 12k crs
emaar 11k crores,
future capital 5k crores, while the co is making just 3 cr profits.
120 ipos to hit the market soon.
this nothing but daylight robbery by so called indian corporates.
they are not going to create any wealth for the future shareholders.

AmoghG · #2 14th January 2008, 11:52 PM

Want some ointment for burn injury?

rajeshn2007 · #3 15th January 2008, 07:15 AM

no thanks, you might require.

rajeshn2007 · #4 15th January 2008, 07:16 AM

Quote:

Originally Posted by AmoghG

Want some ointment for burn injury?

no thanks. you might require.

karvy · #5 15th January 2008, 07:17 AM

Quote:

Originally Posted by rajeshn2007

look at the number of ipos hitting the market with poor fundamentals.
rel power with eps of less than 1 re. ipo amt 12k crs
emaar 11k crores,
future capital 5k crores, while the co is making just 3 cr profits.
120 ipos to hit the market soon.
this nothing but daylight robbery by so called indian corporates.
they are not going to create any wealth for the future shareholders.

Are we back to the Harshad Mehta era , when hundreds of primary issues mopped up investors' money and vanished into thin air? Investors should be cautious when applying for IPOs.

rajeshn2007 · #6 11th February 2008, 06:19 PM

look what has happened?
with less than eps of 1 re, the issue came at staggering p/e of 450.
warning was given.....

oxusmorouz · #7 11th February 2008, 06:24 PM

Quote:

Originally Posted by rajeshn2007

look at the number of ipos hitting the market with poor fundamentals.
rel power with eps of less than 1 re. ipo amt 12k crs

Then sir, why did it get over subscribed a zillion times?

Quote:

Who is more foolish, the child afraid of the dark, or the man afraid of the light?

ratan jain · #8 11th February 2008, 06:35 PM

Quote:

Originally Posted by rajeshn2007

look at the number of ipos hitting the market with poor fundamentals.
rel power with eps of less than 1 re. ipo amt 12k crs
emaar 11k crores,
future capital 5k crores, while the co is making just 3 cr profits.
120 ipos to hit the market soon.
this nothing but daylight robbery by so called indian corporates.
they are not going to create any wealth for the future shareholders.

Did they hold a gun to your head and ask to subscribe?

Its their company they will sell at what ever price they want.
You should have the brains to decide if its worth it.
Nobody forced anyone to subscribe.

If fools are willing to buy, of course the company will sell it to them.

Would you pay 5 star rates in a roadside dhaba? I suppose not, if you have a sane mind.
So, people should have read the prospectus, and used it as waste paper

Why did u fill up the form?

uasish · #9 11th February 2008, 06:57 PM

" Who is more foolish, the child afraid of the dark, or the man afraid of the light? "

Thks Ajay.

N.B. I have been alloted 15 in my son's a/c.No need to ponder about being a child or man ,becoz a dumb is always a dumb,becoz i may Buy again after the dust settles down.

rajeshn2007 · #10 11th February 2008, 07:28 PM

Quote:

Originally Posted by ratan jain

Did they hold a gun to your head and ask to subscribe?

Its their company they will sell at what ever price they want.
You should have the brains to decide if its worth it.
Nobody forced anyone to subscribe.

If fools are willing to buy, of course the company will sell it to them.

Would you pay 5 star rates in a roadside dhaba? I suppose not, if you have a sane mind.
So, people should have read the prospectus, and used it as waste paper

Why did u fill up the form?

first point: i did not apply
second point : no where it was mentioned , i applied .
the thread was started on rpower ipo date , to create awareness