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Moneycontrol.com >> Message Board >> View Messages >> DLF
   You are here :     Moneycontrol     MMB    Stocks      DLF                         Most active discussions of 2006 , 2007 & 2008
DLF @ Rs.350 Looks Good, Not @Rs.422 (10)   10-Jul-08 14:38Tracked by (1)  
Posted by:   dash.n.crash on ( 10-Jul-08 14:38 )
Price : BSE: Rs 458.00 ( 1.71 % ), NSE: Rs. 458.90 ( 1.91 % )
Wasn't DLF buy back to be around INR 250 ????? :)

Regards,
DnC

P.S:


"Posted by: raj_tibs on (02-Jul-08 19:52 )
Price : BSE: Rs 423.95 ( 15.08 % ), NSE: Rs. 423.45 ( 14.73 % )

The buyback may not even happen.. And we all saw what buy back at up to 1600 did to reliance infra (aka reliance energy)...LOL... This is not an open offer .. they will buy at the cheapest possible price from the open market.. probably closer to 250 (ie. if the board approves and they really do buy)


Posted by: dash.n.crash on (02-Jul-08 20:17 )
Price : BSE: Rs 423.95 ( 15.08 % ), NSE: Rs. 423.45 ( 14.73 % )

They wont buy back at a lower cost and give an excuse that public doesnt understand its value. They have to buy at that value to show investors what they believe DLF is worth.

Hence I think that it should be above CMP, if it happens.

Regards,
DnC "

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