may i know why all the statistics of all the big heads went wrong in case of GSS America infotech. on day 1 it ended at close to Rs.500 while the majors like Reliance power collapsed despite of CRISIL rating of 4 on 5
refer my comments earlier , the company had a sound business model, listed at 540 , i had 225 shares sold at 510 , made a cool 20k ,so this is all for the so called experts who gave really bad comments about the stake as the saying goes ITS ALL ABOUT RISK AND FUNDAMENTALS
The company is working in an industry that will show tepid growth in the future. The EAi market is slowly eviscerating because of technical evolution. name brand players like Webmethods, Seebeyond, Bea are all being absorbed by larger players because the technology itself has little value for Fortune 500 companies. GSS has 400 consultants onsite and none of you have checked how many of them are directly on projects with the clients listed. They have indirect relationships. They did not list many large multi year contracts in their documents because they really do not have that many. Essentially the company is a roll up acquiring companies and that strategy becomes a bust if the market will go south, as it is expected to in 2008. In the recession of 1990 the services market went bust and took some years to recover i.e Y2K started the boom. There is no technical breakthrough compelling companies to spend on technology similar to Y2k, so the tech spend will be limited and a blood bath will ensue. It will be difficult for all companies to stay competitive without sacrificing margins. Companies such as GSS and others are living in the glory years of the past and have limited upside in the future
Hi Guys GSS America has given you all guys a slapping reply by going ahead with the IPO and which got subscribed 108 % and beating up the four players in the weak market consensus .. so never believe wat you hear ..believe when you see the results
i dont agree with most of the comments, look at the businee model of the company(more of off shore based) , if lot of the companies look at cost cutting in the us, companies like GSS will benefit as they have a very good off shore model, lets see who has the last laugh,
-> how is the listing price decided? -> What is the advantage of holding shares for long times? Just to sell them @ higher amount or do we get dividend regularly?
Why should investors go for this IPO where proven billion dollar revenue companies like Wipro and Satyam are available less than or equal to this price? Investors just think a while. Do you believe in more experianced and proven company or the one that came up recently and want to encash the Indian IPO boom? Now there are questions being raised by many on the basis of fixing price of IPO's. Atleast investors started thinking now. Its upto individuals to take decission whether to go for this costly IPO or buy the existing good stocks in the same sector.
Dear Investors Please go through the day by day subscription where is the NON Institutional are for the 3 days ..this is a worst cum worst fraud business and they got this co fully subscribed...to fool the retail investors...be careful ...we are still not forget the RPL power listing ...don't loose your hard earned money...I lost my money in BGR purchased on the listing day and Allotment IPO by Precision pipes and brigade enterprises also reliancde power and i almost sitting in loss more than 2 lakhs..please be aware of New IPO...and the market trend is very bad..
LOOK AT DHANUS AND ECELERX ALL RECENT IPOS HAVE GONE DOWN TO 1/3 THERE IPO PRICE.DONT APPLY F11 JUST WANT THIS TO GET SUBSCRIBED AND THEY WILL PUL MONEY ON LAST DAY.
INSTAED BUY INDIAN COMAPNIES WHICH WILL GIVE U PROFIT IN NEAR TERM BUY POWER GRID, DLF,TCS,NTPC,POWER FINANCE, MUNDRAPORT,MOTILAL OSWAL ALL THESE SOUND COMPANIES AND WILL CONTINUE TO GIVE U GOOD RETURNS IN LONG TERM
ONLY IDIOTS WILL APPLY THIS WILL CRASH AS EMAR AND WOCKARD HOSPITALS DONT LOOSE HARD EARNED MONEY INVESTORS CAN BUY STOCKS OF FUNDAMENTALLY STRONG COMPANIES FRON SECONDARY MARKET