EMAAR MGF - Strategy

Looks like EMAAR hasn't learnt its lessons and has lowered the price band by Rs 10

If the issue gets subscribed by some kind of manipulation, unless the market conditions improve, there is no way that the Issue will get make any listing gains for the retail investor. Do keep in mind that you will get full allotment because retail interest is so low and HNI interest is almost nil.

EMAAR MGF placed 5% of its equity to Deutsche Bank - they should probably withdraw from the issue and let them only buy the shares.

We recommend that you withdraw from the issue (if you really made a mistake of applying!).

Forward this link to all the people who have applied or plan to apply!

Got an opinion different from above ? Know something about EMAAR that we don't - Leave a comment and let us know.

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