This is not what I am saying but billionaire investor Kenneth Fisher says. Commenting on the price that KKR expects to sell Dollar General and expects to value the company at a higher level than Walmart, these were the exact words. “IPO means, ‘It’s probably overpriced,’” said billionaire investor Kenneth Fisher, who oversees $35 billion […]
Archive for the ‘IPO’ Category
Astec Lifesciences: Issue Subscribed
November 5th, 2009
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The issue of Astec Lifesciences Limited closed yesterday and was oversubscribed 1.56 times. The total issue was for 75 lakh shares and subscription was received for 11733525 shares or 1.56 times. The breakup of applicants was as follows:- QIB 0.6072 Non institutional investors 2.9997 Retail Investors 2.3579 Employees 0.5010 Overall 1.56
Indiabulls Power Listing Day – Sad day for markets
November 1st, 2009
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One more issue, one more listing day and yet one more disappointment. Very clearly it appears that not only IPO’s in general but power companies IPO’s in particular are a disappointment for all categories of investors. First it was Adani Power, then it was NHPC and now finally it is Indiabulls Power.Issue after issue is […]
