Friends One must realise that being debt-free has nothing to do with the firm's strength. On the other hand debt helps maximise the value of the company because of its tax benefits. However, this is not to say that this co. is weak.
Yeh Very Very Strong Fundamentals & Debt Free Company.. Boom in Real state Specially in Mumbai.. Oberoi is having very good projects in Prime locations sucn as worli, gouregaon, JVLR & other locations. It is a International brand in Hospitality, Schools & Reality..
SP TULSIAN THANKS FOR YOUR WRONG GUIDENCE ...WE GOT FULL ALLOTMENT...
Dear Sreedhar, Congratulations for the profit you earned in Oberoi. If at all I made you reduce the number of applications, I feel sorry for that. (I hope it is not that way, though).
Hello everyone,i have bought 100 shares @ 293.i know it wil rock in the next few trading session.today if it wil cross 300,then the next target wil b around 320 for today.hold it,its fundamental are very strong..stay investing...
Congrats investors for a good profits if made in oberoi. One foreign corporate( not FII) had invested 100 cr in the IPO and got allotment of 11 lacs shares. ( Refer ET dated 19/10, basis of allotment). Beta S P TULSYAN, soch samajkar bola karo. Invesotrs ko nuksan karneka aapko koi adhikar nahin hai. This stock to give better returns than even Godrej because of debt free status, very good earning visibility and good institutional investor support. Hold for a price target of 700+ in one year.
I intend to hold my all 4 full app allotments for two years. Srinivasan, Bangalore.