Active TopicsActive Topics  Display List of Forum MembersMemberlist  CalendarCalendar  Search The ForumSearch  HelpHelp
  RegisterRegister  LoginLogin

Emerging companies - Mid caps that can become large cap
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Emerging companies - Mid caps that can become large cap
Message Icon Topic: GBN - WHatever it takes! Post Reply Post New Topic
<< Prev Page  of 32 Next >>
Author Message
basant
Admin Group
Admin Group
Avatar

Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Quote basant Replybullet Posted: 13/Jan/2007 at 12:35pm
I have sent in an enali to him. But while I would like to and do believe that he is dreaming this news throws up some interesting options:
 
 
1) That SEBI knew of it and did not ask the company to mention this in the prospectus.
 
2) That the company did not tell anything to SEBI nor did anyone know till Ashok Kumar spilled the beans in the newspaper
 
3) That now when the whole issue is in the public domain SEBI would ask the issue to be stopped (scrapped)
 
4) Or will SEBI still over look the matter but since Tv18 and eeighteen etc merger/demerger were approved by High court how on earthe has this cropped up again?
 
Completely unrelated: COmpanies that make greatest amount of wealth have managements who are least trusted by the markets in their initial days of growth.
 
BTW - DId anyone hear Manish Chokhani on Taking Stocks today?
'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
IP IP Logged
basant
Admin Group
Admin Group
Avatar

Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Quote basant Replybullet Posted: 13/Jan/2007 at 12:40pm
About that Govt. approval thing it is disclosed on page 158 of the prospectus. Maybe they have applied in the interim but I am not bothered by this since it is a matter of regulatory nature and is immaterial.
 
" We have not sought approval from the Central Government, as required under the Companies Act, with respect to compensation being paid to Mr. Sameer Manchanda, Joint Managing Director which is in excess of the amount permitted under the Companies Act."
'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
IP IP Logged
vijinat
Senior Member
Senior Member
Avatar

Joined: 18/Sep/2006
Location: India
Online Status: Offline
Posts: 112
Quote vijinat Replybullet Posted: 14/Jan/2007 at 2:23pm
Businessline says that while the public issue may bring benefits at the time of listing, long term investors can avoid and wait and see the performance before entering the scrip.
IP IP Logged
deveshkayal
Senior Member
Senior Member
Avatar

Joined: 04/Sep/2006
Online Status: Offline
Posts: 3903
Quote deveshkayal Replybullet Posted: 15/Jan/2007 at 3:31pm
Business Line has not taken into account the 15% stake of GBN in Web 18.I wonder how they do analysis instead of having all the facts at their hand.Business Standard has analysed it nicely.
 
Basantji,have u got reply from Ashok.


Edited by deveshkayal - 15/Jan/2007 at 3:57pm
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
IP IP Logged
basant
Admin Group
Admin Group
Avatar

Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Quote basant Replybullet Posted: 15/Jan/2007 at 4:09pm
No reply from him but it does not matter.
'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
IP IP Logged
chic_1978
Senior Member
Senior Member
Avatar

Joined: 10/Aug/2006
Location: India
Online Status: Offline
Posts: 690
Quote chic_1978 Replybullet Posted: 15/Jan/2007 at 10:03am
GLOBAL BRODCAST NEWS LTD.(GBN is a very low size issue. So retail could be more than 30 times oversubscribed.It seems FIIs outside India are not allowed to bid for GBN IPO, but they can buy once listed with maximum 18%.. so this would be in demand after listing
happy & wise investing
IP IP Logged
basant
Admin Group
Admin Group
Avatar

Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Quote basant Replybullet Posted: 15/Jan/2007 at 10:13am
Chic: I also think the same about the FII thing since FII bidding in IPO means FDI which is not allowed. Where did you read this?
'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
IP IP Logged
chic_1978
Senior Member
Senior Member
Avatar

Joined: 10/Aug/2006
Location: India
Online Status: Offline
Posts: 690
Quote chic_1978 Replybullet Posted: 16/Jan/2007 at 4:10pm
on www.moneycontrol.com message section.
 
 
happy & wise investing
IP IP Logged
<< Prev Page  of 32 Next >>
Post Reply Post New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum



This page was generated in 0.125 seconds.
Bookmark this Page

Join Theequitydesk.com Today!

It’s easy to Join and it’s free.

Here's why members would love to be a part of theequitydesk.com

  • Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
  • Live discussion forum wherein members can discuss the current Indian share Market trend, BSE Sensex or the Nifty Index.
  • Have huge cache of information on Indian and World Share Market.
  • Analysis of Indian stock market, Global events, Investing insights, portfolio management strategies and thoughts,
  • Meet investors from round the globe check their investing strategies share experiences and learn for their experiences on stocks and shares, evaluate opinions on investing in India.

Register now while it’s free!

Already a member? Close this window and log in.

Join Us           Close