Let us all say thank you very much to the promoters who made this IPO as investor friendly. After a bunch of chunk IPO's darkness this one came as a light of hope for investors and hope future IPO's should learn something from this pricing.
Helllo guys thanks for all the messages . I have 740 shares alloted and I am on a neat profit of 70k .can anybody suggest the holding period? Will there be a chance of further uptrend from here or we will be better of booking profits partially
307 Bhupesh, One is entitled to change one views after getting additional info or not.My message was based on the prelimiary drhp n based on march 09 earnings.Once the march 10 & 11 earnings come into play future picture becomes clearer. Yes u r right I am sitting on allotment of 1800 shares which i will not sell before 700 rs so enjoy.
wait just have patience do not sell this blue chip for paltry premum of rs. 50/-, do not sell in hurry, and for chittorgarh people, just show this message, i am not doing any business around here, and mind u for disclaimer I am not holding any shares of this company at all.
Please read the following two cpmments of the same person Saharanpuri one on 14/11/2009 and another on 10/12/2009, See how the things change when you get the share in your account????? or he is advising not apply so that he can get the full allotment?????
304. Saharanpuri Dec 10, 2009 6:22:02 PM IST Report Spam!
DONT SELL COX N KINGS ON LISTING.Cox n Kings all investors please note that current year eps will be 20 & expected to be 27 in the year ending March 11.Thomas cook is currently enjoying a PE of 60& the CnK is sure to grow at 30% CAGR in the next few years.Hence if u take a PEG ratio of 1 & PE of 30 CNK can go very well go to 810. Remember that discounting for March 11 will begin from January 2010 itself so dont commit the blunder of flipping or selling in grey market like OIL.Rather blindly buy as much as you can in grey market right now.ITS A HARDCORE PORTFOLIO STOCK .
. Saharanpuri Nov 14, 2009 2:36:30 PM IST Report Spam eps IS ONLY 13 FOR MARCH 09 SO IPO IS VERY EXPENSIVE @ 25 STRICTLY AVOID
Selling or holding depends on the initial reason why you applied for this IPO. Remeber if you applied for listing gains then sell it on the listing at no matter what price as long as there is profit.
Remember once the share is listed it is same as any other share in the secondary market. So why hold Cox and Kings only, you can hold any share or Mutual Fund.
I applied for listing gains so I will sell it regardless of what its projection is for future.
I did the same strategy for NHPC also, I sold it on the listing day with no gain no loss and today I am happy :).
Anyways lets hope for the best atleast 20% listing gains and I will go on a holiday using Cox and Kings Free Ticket :)