Will LDEV rights rise than its normal share price?

ssuni

ssuni

Manager - Equity Analytics

Posts : 197
Join date : 2011-04-18

[quote="ipoguru"]

swan03 wrote:

banarahu wrote:really angry with my broker...

I thought at least this would go @8

If you have not sold them already hold on to them till the end..... I am pretty sure rights will hit to about 5 rupees after Lankem directors collected enough for them at bargain...

it's 0.60/= now... Sad

i think tomorrow is the last trading day!!

Fresher

Fresher

Moderator

Posts : 1498
Join date : 2011-02-04

swan03 wrote:
I thought at least this would go @8

ipoguru wrote:If you have not sold them already hold on to them till the end..... I am pretty sure rights will hit to about 5 rupees after Lankem directors collected enough for them at bargain...

tell me one reason why it should?

ipoguru

ipoguru

Senior Manager - Equity Analytics

Posts : 341
Join date : 2011-03-02

npp wrote:

swan03 wrote:
I thought at least this would go @8 :(

ipoguru wrote:If you have not sold them already hold on to them till the end..... I am pretty sure rights will hit to about 5 rupees after Lankem directors collected enough for them at bargain...

tell me one reason why it should?

I was wrong there.... I sold them at 1 rupees.... could have sold at 2 rupees easily.....
Good lesson for me.... :pale: :pale:

Fresher

Fresher

Moderator

Posts : 1498
Join date : 2011-02-04

ipoguru wrote:

npp wrote:

swan03 wrote:
I thought at least this would go @8

ipoguru wrote:If you have not sold them already hold on to them till the end..... I am pretty sure rights will hit to about 5 rupees after Lankem directors collected enough for them at bargain...

tell me one reason why it should?

I was wrong there.... I sold them at 1 rupees.... could have sold at 2 rupees easily.....
Good lesson for me....

what price did you buy for?
rights trading is really risky. specially when the share is trading close to it's rights issue price

rm

rm

Senior Equity Analytic

Posts : 92
Join date : 2011-02-02

LDEV.N is selling around 28/=
According to LDEV.N, LDEV.R should sell more than 2/=.
but don't know the reason it is going down and down.
May be huge number of Rights in the market.

ipoguru

ipoguru

Senior Manager - Equity Analytics

Posts : 341
Equity Stars : 5511
Reputation : 25
Join date : 2011-03-02

rm wrote:LDEV.N is selling around 28/=
According to LDEV.N, LDEV.R should sell more than 2/=.
but don't know the reason it is going down and down.
May be huge number of Rights in the market.

Yes thats the reason and most of the people don't want to convert rights into shares and they just want to sell them.... Thats why rights are going down...

If most of the rights convert to shares share price also will hit around 25 level... Else it may remain at 26 27 levels... do not convert your rights expecting high returns in short term, long term I don't know.... I guess its a waste of money.... Unless somebody big did not manipulated this share....

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Will LDEV rights rise than its normal share price?

26 Re: Will LDEV rights rise than its normal share price? Wed May 11, 2011 8:22 pm

ssuni

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29 Re: Will LDEV rights rise than its normal share price? Wed May 11, 2011 9:07 pm

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30 Re: Will LDEV rights rise than its normal share price? Wed May 11, 2011 9:29 pm

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