Well its uncharted waters but I'll probably take the plunge - keyword long term investment, unless of course foreign investors go mad and dump money into DP World
hi
everybody
a banker told me about this ipo that it is book bid building prices ipo range between 16 to 20 dhms(not fix prices)is it true?if anybody know about this plz let me know,
thx in advance
lala
The range could very well be 16-20. A few days ago, Emirates Today ran a story where an unknown leader manager declared that the price would be 16.33 Dhs.
thx drake for your prompt reply.
mashreq bank offering 80% leverage too so anybody interested to do so goahead(minimum 200000 dhms)+400% leverage means million dhms
... - do I get the prorated refund on the 5000aed application fee....
I can't say for sure - the prospectus should tell you (not available yet), or a broker might. But previous IPOs for ADSM and DFM listings have refunded excess subscription fees. _________________ UAE IPO list | posting guidelines
Hi sharewadi - Ian here. Picked up the application form today - it was a hassle man. Went to 3 different banks - will go back tomorrow with final amount & brokerage info.
Ya I will buy. Hopefully I will get what I am asking for - I am confident the hype will push the stock up - and if not - then yeah, long term I guess.
I'm inclined to agree although I asked the nice ladies in front of the DPW containers at DIFC if they'd been busy handing out forms today. They said no.
And I'm not convinced the price is good but I'm still trolling through the accounts to see if I can be more positive.
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