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TCSer
Senior Member
Joined: 17/Mar/2008
Location: India
Online Status: Offline
Posts: 1882
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 Posted: 15/Feb/2010 at 8:04pm |
Originally posted by yogishkamath
I don't think any regular guy would have bought Infosys in '93 and held on to it.
However, I know plenty of people who have held ITC, Reliance, L&T etc for long times and seen them go up over a 1000 fold.
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I know one gentleman who held on to Infosys by default because he was lucky enough to loose the certificate in 1994 .Inlieu of this punya he got 1600 shares in 2000 of infosys.
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danthecorkman
Newbie
Joined: 22/Jun/2010
Online Status: Offline
Posts: 1
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 Posted: 22/Jun/2010 at 1:35am |
Hi, I am new to the forum, but have been intrested in stocks and shares for a very long time. I just saw you comments about Mphasis in 2006, and hope that you stuck with them, as they seem to have kept their promise and delivered nicely! Well done!
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gautham
Groupie
Joined: 02/Aug/2010
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Posts: 50
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 Posted: 11/Aug/2010 at 10:00pm |
I am very curious to know if there is any investor who bought it when the issue came out and has held on till date. It would be interesting to know.
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Circuit
Senior Member
Joined: 14/Jun/2008
Location: India
Online Status: Offline
Posts: 930
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 Posted: 11/Aug/2010 at 11:33pm |
My father was allotted 150 shares at IPO which have multiplied to 6400 now His initial investment of Rs. 14,250/- in 1993 is worth Rs. 1,79,89,120/- at CMP. He is not willing to let this go... sort of emotionally attached.
Originally posted by gautham
I am very curious to know if there is any investor who bought it when the issue came out and has held on till date. It would be interesting to know. |
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Fundamentalists and anticipators may have difficulties with risk control because a trade keeps looking ‘better’ the more it goes against them....Ed Seykota
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India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
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Posts: 2296
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 Posted: 11/Aug/2010 at 12:14pm |
Wow that's amazing !! if Infosys IPO would have been in the market now, most of the people would have booked at 5% gains.
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India_Bull forever Bull !
www.kapilcomedynights.com
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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 Posted: 11/Aug/2010 at 6:38am |
Originally posted by India_Bull
Wow that's amazing !! if Infosys IPO would have been in the market now, most of the people would have booked at 5% gains.
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That is why everybody cannot be rich at the same time.
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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chimak10
Senior Member
Joined: 30/Aug/2007
Location: India
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Posts: 1540
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 Posted: 11/Aug/2010 at 9:23am |
Wow circuit bhai .......................simply wow.
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yogishkamath
Senior Member
Joined: 28/May/2009
Location: India
Online Status: Offline
Posts: 110
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 Posted: 06/Sep/2010 at 9:35pm |
It's a 1200 bagger...... So, he must have sold some.
How did he learn about the company in 93 ?
When did he sell a part of it and why ? And why did he decide not to exit it when he sold a part of it ?
I would be grateful if you could provide us these insights.....
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