Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 10/Feb/2008 at 9:33am
R Power lists below IPO price. It is a watershed day for fundamental investing in India. We should be thankful that with this temporary (overall market) loss investors will be in for good times ahead at least when it comes to selling (cock and) bull stories.
I hope Chota Ambani has learnt his lessons well if not he is in for even tougher times ahead!
'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
Joined: 29/Dec/2007
Location: India
Online Status: Offline
Posts: 1283
Posted: 10/Feb/2008 at 9:42am
True basantji ....chote better learn this fast ..no one bigger than the market. In the short term only the BRLMs have made their money . What really surprised me was Vallabh Bhansali defending the pricing of this issue.Didnt expect this from ENAM.
Total number of shares on offer currently is 5 times the shares being bid for...
The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
can you update with details, for us poor souls who are in office and cant watch tv
Originally posted by vip1
Big Fight by Udayan on TV18 right now, WOW!
He is rippinig supporters of RPOWER apart!
The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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