Muthoot Finance Ltd IPO Message Board (Page 1)

Please do not panic in Muthoot, still share can be bough with stop loss of 150. one year target for the scrip is 250. Of course if nifty touches 6000, Muthoot may touch 300 also, Fundamentally very strong company. since market is weak, hence muthoot is also hammered out.

Muthoot stroy over, slowly heading towards 130.

I think, Muthoot has now caught the fancy of global investors. There is no stopping now, Now at 183.20. CHEERS!!

Muthoot Finance Limited now @ 181.35

Muthoot nicely moving up today, may cross resistance of 179 today and then quickly move to 184-185. CHEERS!!

new ad started to telecast on tv now...
i think muthoot is the only gold loan company whose ad we are watching on national tv...its not a big thing but it will definitely creat good image on custmor's mind and it will help in future business...it will creat some surity in the mind of custmore that company is good...

Muthoot Finance has got tremendous potential & tie up with western union shall further boosts its growth. I think it shall easily move to 190+ in next 2-3 sessions.

http://economictimes.indiatimes.com/articleshow/8608134.cms

Gold finance company Muthoot Finance today said it has tied up with the Western Union Company and Paul Merchant Limited for providing money transfer services through various branches of the company across the country.

"Muthoot Finance will now offer Western Union Money Transfer services from its countrywide network of 2,800 locations linking them to Western Union's network of more than 40,000 locations across 200 countries," Muthoot Finance said in a statement.

According to the World Bank's migration and remittance fact book for 2011, India continues to be the largest remittance receiving country in the world with an estimated USD 55 billion received during the year 2010.

"...With the addition of Muthoot Finance, we hope to further reinforce our national brand presence through Muthoot Finance's extensive network of over 2,800 branches across India shortly," Managing Director-South and East Asia, Western Union Anil Kapur said in a statement.

Echoing Kapur's view, Chairman and Managing Director of Paul Merchants Limited S Paul said,"Through our agreement with Western Union we have facilitated a number of classes of trade including retail and banks to offer Western Union Money Transfer services to remotest corner of India."

The collaboration with Mutthoot Finance is one step in this direction which would positively impact people across 2,800 branches offering the service, he added.

The Western Union Company provides consumers and businesses ways to send and receive money around the world and its agent network in India currently spans over 71,000 agent locations.

All good news(Good results etc) coming now after nominal profit booking.

not cross issue price within month. exit with minor loss.

muthoot 9% up at 171.7

post great result yesterday , FY 11 profit is 495 cr against 227 cr...

hope we get some good price near 190-200 in few days so that we can book profit...

shreedhar whats yr view ? shud we hold it for long term ?

Stock jumps 7%.Good momentum building. Those who hold enjoy and continue to hold.

To all those who hold Muthoot- The company has shown excellent results. Tomorrow would be interesting to watch this counter.

SREEDHAR ,
BHAI I HAVE BEEN CAUGHT IN MUTHOOT ,PLZ ADVICE ME HOW TO QUIT.BHAI I HAVE BEEN WRITING FROM SOMEONE COMPUTER,I CAN ONLY READ YOUR MESSAGES THROUGH MOBILE GPRS.PLZ REPLY.
TS

Todays Muthoot showed strength in weak market. Hopefully it may go to its IPO price on 26th May

Pakka Hindustani - I too am waiting for the same.

Board meeting on 26.5.11. Expect some fireworks & probably rerating of stock.

what is the future of muthoot

Hello Experts

Please advice what happened with muthoot??? After almost 9-10 trading days it going down everyday. Are there any chance of upword movement in muthoot. I hold all of alloted shares. Plz help to advice.

sreedhar,
good afternoon,i am still holding 134+134+134 in muthoot it is going down day by day,plz advice me .
with regards
ts

Muthoot woes won't be over until financial stock bounce.