The true story of the Browns Investment

nilantha · 1 The true story of the Browns Investment Tue Sep 13, 2011 7:13 pm

nilantha

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Browns investment co is one of the leading co of Browns group :
they declared 1.5 Billion ipo before last 3 month.
People were happy and invested
When it come to the it marked below ipo price ( stated form Rs 5 and went down to 4.50)
All people hopeless.
But last week it passed ipo price and marked its highest price ( 6.40)
But no reason .
on 7th sep they declared dividend.
that mean the rason to increase price due to dvd
Evil or Very Mad

ation lea[/size]ked[/b]
[flash][/flash]
~~people who got information brought @ 4.40-4.50 and get dividend and sold at 6.00-6~~.40
People who bought @ipo stiil waiting to value this share but im sure by next week again this will go down below ipo price..........
what do u thik is it miracle

pathum · 2 Re: The true story of the Browns Investment Tue Sep 13, 2011 7:29 pm

pathum

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Don't loose hope bro! BIL is one of the brightest counters in that range. It will reach its destination soon.

Until then, PATIENCE HELPS!!!

Happy trading!

windi5 · 3 Re: The true story of the Browns Investment Tue Sep 13, 2011 8:53 pm

windi5

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ppl who bought BIL at the IPO wanted to see a miracle on the very first day but it went other way around. Some, who got panic, sold with loses, Some automatically became long term investors. As we talked in earlier threads as well, BIL might be a future gem.

JennyFunny · 4 Re: The true story of the Browns Investment Wed Sep 14, 2011 6:50 am

JennyFunny

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Great stuff

Hawk Eye · 5 Re: The true story of the Browns Investment Wed Sep 14, 2011 7:13 am

Hawk Eye

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nilantha wrote:Browns investment co is one of the leading co of Browns group :
they declared 1.5 Billion ipo before last 3 month.
People were happy and invested
When it come to the it marked below ipo price ( stated form Rs 5 and went down to 4.50)
All people hopeless.
But last week it passed ipo price and marked its highest price ( 6.40)
But no reason .
on 7th sep they declared dividend.
that mean the rason to increase price due to dvd
ation lea[/size]ked[/b]
[flash][/flash]
~~people who got information brought @ 4.40-4.50 and get dividend and sold at 6.00-6~~.40
People who bought @ipo stiil waiting to value this share but im sure by next week again this will go down below ipo price..........
what do u thik is it miracle

Last edited by Hawk Eye on Wed Sep 14, 2011 7:14 am; edited 1 time in total (Reason for editing : wrote my comments on the wrong place inside someones post)

NimeshaJK · 6 Re: The true story of the Browns Investment Wed Sep 14, 2011 8:45 am

NimeshaJK

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ya BIL definitely is a medium-long term counter..

rcharindu · 7 Re: The true story of the Browns Investment Wed Sep 14, 2011 6:54 pm

rcharindu

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I think the reason is most of their invested counters are at low levels compared to the last quarter results.So coming quarter's are not good unless ASI jumps to at least 7200 range. But with broker credit issues and panic selling its like a dream now.