I have few friends who work at both places, but are not reveling anything ...
Anyone heard anything?? Let's be honest, the retailers coming in at the last moment are not going to make a difference on a 7 Bn IPO!!!
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LongTerm wrote:Anyone have confidence in Capital Alliance and NDB Investment Bank in getting the issue fully subscribed???
I have few friends who work at both places, but are not reveling anything ...
Anyone heard anything?? Let's be honest, the retailers coming in at the last moment are not going to make a difference on a 7 Bn IPO!!!
nkalansu wrote:
I herd from an employee of PLC that employees of PLC are being arranged loans from a private bank up to Rs. 2.0 Million to purchase shares from this IPO.
Academic wrote:nkalansu wrote:
I herd from an employee of PLC that employees of PLC are being arranged loans from a private bank up to Rs. 2.0 Million to purchase shares from this IPO.Heard at 12% from N*B. This is to fill the 10% allocated for employees. More senior employees may be [are?] trying hard as they want to increase price, at least by 1, July 2012 to sell "FREE" shares they got.
WildBear wrote:Yes the N*B bank giving loans at a pace these days. In past this bank traded at lower P/E ratio due to poor mobilization of their assets/Deposits, seems now trend is changing, probably influenced by some aggressive directors who entered recently.
Insider Information ?lamaya wrote:it has already been oversubscribed.......by Thursday it exceeded Rs9bn mark
I do not think PLC IPO will have such a drastic fall.SHL case was different-there was a PP at Rs9.00. and at that time lot of retailors expected to get a big profit on first day but now they might have learned at least some lesson.dewminigamlath wrote:I think the IPO will oversubscribe but probably fall below IPO price on the first trading day. So, not preferable in either short term or long term, because you might be able to grab them at a lower value on the first trading day (like SHL).
avilon wrote:can the employees sell their shares on the first trading day.
mark, who has given approval for this huge IPO. SEC or CSE .They are the ppl responsible for giving approval to this IPO at a bad time.mark wrote:is this guys mad to bring a 7bn IPO in to a bloody rainy market,where daily TO drooped to 0.5bn per day.. ,im not gng to subscribed,thats it,btw its good for looooong term guys
If they subscribe from IPO I think they can.If they have bought from a PP after March/April(I can not remeber exact date)2011 then they have to keep those shares for one year from the PP date.avilon wrote:can the employees sell their shares on the first trading day.
Rajaraam wrote:mark, who has given approval for this huge IPO. SEC or CSE .They are the ppl responsible for giving approval to this IPO at a bad time.mark wrote:is this guys mad to bring a 7bn IPO in to a bloody rainy market,where daily TO drooped to 0.5bn per day.. ,im not gng to subscribed,thats it,btw its good for looooong term guys
lamaya wrote:Rajaraam wrote:mark, who has given approval for this huge IPO. SEC or CSE .They are the ppl responsible for giving approval to this IPO at a bad time.mark wrote:is this guys mad to bring a 7bn IPO in to a bloody rainy market,where daily TO drooped to 0.5bn per day.. ,im not gng to subscribed,thats it,btw its good for looooong term guys
Dont think IPOs are bad because of they sucks money from the bourse....ya thats tru IPSs sucks money in the bourse but....that money comes to the real economy......cash circulated in the CSE dosnt have any use to the real economy..those money just circulate among investors and ultimatly it might ended up with some manipulor's hand...but when it comes to an IPO that cash comes to the real economy, therefor in long term basis IPOs help to improve the macro economy and it will possitively impact on the bourse.......
lamaya wrote:Rajaraam wrote:mark, who has given approval for this huge IPO. SEC or CSE .They are the ppl responsible for giving approval to this IPO at a bad time.mark wrote:is this guys mad to bring a 7bn IPO in to a bloody rainy market,where daily TO drooped to 0.5bn per day.. ,im not gng to subscribed,thats it,btw its good for looooong term guys
Dont think IPOs are bad because of they sucks money from the bourse....ya thats tru IPSs sucks money in the bourse but....that money comes to the real economy......cash circulated in the CSE dosnt have any use to the real economy..those money just circulate among investors and ultimatly it might ended up with some manipulor's hand...but when it comes to an IPO that cash comes to the real economy, therefor in long term basis IPOs help to improve the macro economy and it will possitively impact on the bourse.......
jonny wrote:besides all these issues there has been private placement been taken place. 11 million shares had been sold @ Rs10/+ each by the 10 top guys of the company.So I feel this IPO is going to be an hovac...?????
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