Access Engineering Limited - IPO

sriranga · 1 Access Engineering Limited - IPO Tue Mar 06, 2012 11:25 am

sriranga

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IPO has been Over-subscribed and will be closed at 4.30pm today 6th March 2012.

http://www.cse.lk/cmt/upload_cse_announcements/2391331012634_.pdf

Access Engineering Limited - IPO Sub10

Last edited by sriranga on Tue Mar 06, 2012 11:30 am; edited 1 time in total

Slstock · 2 Re: Access Engineering Limited - IPO Tue Mar 06, 2012 11:29 am

Slstock

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This is an overvalued IPO. Only hope it will give a short term return for the subscribers. Be aware that Access is priced at over it current earning value at Rs 25. But if this bear trend continues , and IPO pricce comes down it can do some major damage .

Just know both sides of the story.

Chanuque · 3 Re: Access Engineering Limited - IPO Tue Mar 06, 2012 12:07 pm

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The most amazing factor is that there were many uninformed or misinformed investors volunteered themselves to be beheaded by these organized institutions who are promoting the IPOs like this. Imagine the profit margin of 500% benefited by 80% founders and employees .. A good kill will be for them indeed .. !

prabashk · 4 Re: Access Engineering Limited - IPO Tue Mar 06, 2012 12:45 pm

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http://www.gossip9.com/2012/03/blog-post_5109.html

Access Engineering Limited - IPO 310

http://www.gossip9.com/2012/03/blog-post_5109.html

MY MONEY · 5 Re: Access Engineering Limited - IPO Tue Mar 06, 2012 12:53 pm

MY MONEY

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bayeth behe, nikan atha puchchaganna weida danne nehe

mra · 6 Re: Access Engineering Limited - IPO Tue Mar 06, 2012 1:14 pm

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I am waiting to buy @ 15-16 level

K.Haputantri · 7 Re: Access Engineering Limited - IPO Tue Mar 06, 2012 1:16 pm

K.Haputantri

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God bless those who are allotted shares.

milanka · 8 Re: Access Engineering Limited - IPO Tue Mar 06, 2012 8:06 pm

milanka

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mra wrote:I am waiting to buy @ 15-16 level

Yes - some where around that may be possible. Have to wait for the correct time.

econ · 9 Re: Access Engineering Limited - IPO Tue Mar 06, 2012 8:18 pm

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over priced IPO. I only pay below 10 rupees for these kind of shares.

soileconomy · 10 Re: Access Engineering Limited - IPO Wed Mar 07, 2012 6:20 am

soileconomy

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there may be an artificial buying ,they will try maximum to keep the share up above the IPO price.
Since he is very influential person every possible effort will be taken.may be short term it will be up.
But medium to long term it is highly overvalued.
This will behave worse than Softlogic