21. 𝔻𝔸ℝ𝕂𝔻𝔼𝕍𝕀𝕃| Link| Bookmark|
August 20, 2021 5:47:17 PM
Top Contributor (400+ Posts, 100+ Likes)
IPO euphoria is now over 🔻🔻🔻
20. ipo share| Link| Bookmark|
August 18, 2021 1:19:26 PM
IPO Guru (1500+ Posts, 700+ Likes)
Making a low of Rs.3.35 on 1 October, 2019 and rising above Rs.1100 in a short span of 2 years is not a normal happening. It was making upper circuit day after day and no authority took pain to look into the abnormal trading. You can your self workout what happened behind the curtain.
It is more faith and hope rather than ones analysis. If tomorrow RK Dmani buys a few portion it will hit 1500 and if day after tomorrow Rakesh Jhunjhunwala buys a bit it may hit 2000, whi knows. It shows the faith on the promoters and big investors, rather than company''s statistics. Remember share price trades always at future price whether above or below, it is the expected price. Of course price manipulation could be there.
He is state sponsored Conman. Ruchi Soya had 9000 crores debt. Patanjali acquired 99% by paying just 4000 cr. Rest was bad debt by banks. Interesting thing they paid just 1000 cr and borrowed 3000 cr from the same banks by putting shares of Ruchi as collateral. They borrowed 3000 crores using shares of a bankrupt company and the banks complied because…. you know the answer and now they come to market to recover their 1000 cr. In short Baba Ramdev becomes promoter of Ruchi Soya by investing Rs 0.
17.4. RajBreaks| Link| Bookmark|
August 18, 2021 3:01:55 PM
Top Contributor (300+ Posts, 200+ Likes)
@Samuel Did You Do Any PHD On Robert Vadra Also? What He Did With HDIL ?
Or Just Left Him, Because He Is The Same Like Your R-----.
@RajBreaks If you are commenting by seeing my name as Samuel and thinking I am a Christian. Yes I am a Christian. Yes I am an Indian. And if you think Robert Vadra is also a Christian I am sorry he is a Hindu a Punjabi Khatri and I have no business analyzing HDIL. I analyze stocks that I am looking forward to invest in and I don''t care if promoters are Muslims, Christians or Hindus or Indians or belong to any other country. All I look forward to how sustainable and ethical the business is so that my ROI doesn''t get effected. FYI I am spending a lot on ESG stocks these days and that''s my choice of investing.
Ramdeo is biggest manipulator and operator....playing in a penny counter of ruchi soya from just 2 or 3 rs and continues non stop upper circuit till 1500 rs. And now ofs to dumping and exit
I had traced Ruchi soya script for some time when it was in in range 400 and wanted to jump but was only a fresher that time and has no idea about stock market. I read some cautious review that the liquidity is very low and share is traded very less volume, anyone can get trapped if the player wanted to. Listened to that advice and now see it is 1100+. Many forum members may be holding it.
Waiting for views from experts now. Is it good or bad for us, waiting for price band. Now volume is good enough above one lakh. Wonder if FPO effect will it be positive or negative.
Retails had approx 1.1% shares, that was trading on exchange. Rest was pledged to banks in lieu of loans. Now 10-15 % shares will hit the market. You can guess what will happen after that. Rest 10% will came after 1 year.
14. Shaolin| Link| Bookmark|
August 18, 2021 2:23:06 PM
Top Contributor (300+ Posts, 500+ Likes)
Patanjali bought (99% stake) Ruchi Soya in the insolvency process for Rs 4300cr by pledging the entire stake to banks and now offloading about 10% for Rs 4300cr through FPO. After FPO, Patanjali stake at about 89% with no pledge. Great deal.
14.1. ipo share| Link| Bookmark|
August 18, 2021 3:14:33 PM
IPO Guru (1500+ Posts, 700+ Likes)
@ Samuel @ Shaolin Great analysis. You have provided true picture. Who criticise truth, means they are blind followers. Any criticism should be fugure based not irrational. Investment should not be on political lines. No political party is going to bear our loss. Money is our own.
Just watched baba ramdev interview on cnbc, he looks very confident, and he has a very long vision for Ruchi soya, first step is to make ruchi soya debt free ( that''s sure he can do in short time). Good fpo to invest, highly recommend
Before purchasing this FPO, must watch the Pledged %age. I believe according to valuation and Financial Analysis the cutoff price should be below Rs 20.