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Saint-Gobain

Discussion in 'Fundamental Analysis' started by masihpatel, Jun 28, 2012.

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  1. masihpatel

    masihpatel Active Member

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    Dear Shabbir,
    What is your view on this delisting candidate stock? recently its RBB is failed due inufficient number of tendered share, discovered price was 90, while it was ruling at around 66.Now the share is corrected to 35, today its LC is broken and it moved to above 36.
    Can one enter at this level with the hope of second RBB in next 6months. Can you pls. help.:)
     
  2. shabbir

    shabbir Administrator Staff Member

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    This is more of a fundamentals of the stock and I don't track this stock for fundamental analysis and so will not be able to comment on it.
     
  3. masihpatel

    masihpatel Active Member

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    Dear shabbir,This stock is daily in UC since last couple of trading session, I think again there is a rumour of delisting (first delisting attempt failed)as SEBI dead line is july2013. I am holding some considerable quantity at 37.
     
  4. shabbir

    shabbir Administrator Staff Member

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    But make sure you sell the day it is not in a circuit till 12 PM