Wednesday, July 4, 2007

Did you apply for DLF IPO?

In our previous article we advised buying Unitech rather than apply for DLF. Our first target has been met i.e a return of 8-10 % has been acheived for those who opted for Unitech.

However DLF IPO as far as retail portion has been concerned has been underscribed rather than overscribed. Hence the risk is not of low allocation but low listing price arising from under subscription & possible full allotment to retail subscribers.

It is unlikely that DLF IPO will give 10% return on day of listing ( see our DLF IPO listing prediction to be posted today at www.kal.in and www.astrogurus.com ) and even if it should rise to that or higher levels we believe that new buyers can enter at lower levels and enjoy the same profits as the original allottees - well almost.

Coming next: Customize your weight reduction programme/strategy- musing of an non expert

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