OPEN SESAME

PEOPLE KEEP ON LOOKING FOR TREASURES ALL OVER WHEN ONE IS RIGHT IN FRONT OF THEM . MANY OF US HAVE TURNED THEIR BACK ON ONE OF THE MOST PROFITABLE INVESTMENTS IN OUR TIMES "STOCKS".
HERES AN ATTEMPT TO CREATE AWARENESS ABOUT SHARES IN THE COMMON INVESTOR'S MIND , AND SHOW HIM THE PATH TOWARDS HIS OWN TREASURE.

Sunday 17 June, 2007

ITS RAINING IPOs

WELL THE MONSOON MIGHT BE GIVING A DITCH TO EVERYONE BUT ITS RAINING IPOs LITERALLY.AS IF DLF AND VISHAL RETAIL IPOs OPENING ON THE SAME DAY WASN'T ENOUGH WE HAVE ICICI JOINING THE WAGON.THEY WOULD BE OUT WITH THEIR IPOs PRETTY SOON,AND THE MARKET IS ALREADY BUZZING WITH EXCITEMENT.
PART OF THE EXCITEMENT CAN BE REDEEMED BY THE FACT THAT THE NAME ICICI ITSELF HAS GAINED A LOT OF TRUST WHICH WILL REFLECT IN THE IPOs PERFORMANCE.

BUT LEAVING ASIDE THE BRAND VALUE OF ICICI ,THIS IPO FOR THE FIRST TIME OFFERS AN UNIQUE OPPORTUNITY FOR RETAIL INVESTORS ( i:e SMALL INVESTORS LIKE YOU AND ME).IT HAS SOME LUCRATIVE OFFERINGS WHICH JUST CAN'T BE OVERLOOKED , HERE ARE SOME OF THEM TO CHEW ON

1.THE PRICE OF THE SHARE CAN BE PAID IN INSTALLMENTS( THIS BANKING PEOPLE CAN SELL ANYTHING IN INSTALLMENTS).THUS WE THE VALUE OF EACH SHARE TURNS OUR TO BE Rs 800/- (JUST AN EXAMPLE) YOU CAN PAY FIRST INSTALLMENT OF Rs 250/- WHILE BIDDING, SECOND INSTALLMENT OF Rs 250/- ON RECEIVING THE SHARES,AND THE PENDING AMOUNT ANYTIME WITHIN THE NEXT SIX MONTHS.

ICICI WILL DECLARE THE PRICE BAND ON 18TH JUNE,WHICH WILL GIVE US A BETTER PICTURE.EVEN THOUGH THE NUMBERS MIGHT CHANGE THE BASIC TRANSACTION WOULD REMAIN SAME.

2.TO ADD TO THE EASY INSTALLMENTS OPTION,RETAIL INVESTORS AND OLD SHARE HOLDERS HAVE BEEN OFFERED 5% DISCOUNT.EVEN IF ITS JUST 5% IT TRANSPIRES TO QUITE A LOT LATER.

AS THE OFFER GOES PUBLIC FURTHER DETAILS WILL TRANSPIRE AND I SURELY WILL LET YOU KNOW.FOR NOW YOU COULDN'T HAVE ASKED FOR A BETTER START TO YOUR TRADING CAREER.

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