DLF

Posted by : pkk07

DLF is bluffing. They have always been. They are doing this to prop up their stock price so that they can get better valuations while going for fund raising.
They raised 10,000 crores from IPO last year and they used up all of that in grabbing land at inflated prices. Now as land prices crash, DLF is the Indian subprime story in the making. They dont have money to build. They are firing employees coz they dont have money to pay salaries. Where would the money for buy back come from?
Warren Buffet puts great emphasis on the integrity of company management in making his investment decision. On this one criterion only, DLF is a big zero. They have the most corrupt and unethical management.
This stock is going to hell...

Posted by : pkk07

I read somewhere on Bloomberg that Parsvanath may go bankrupt. And that they are trying to sell their land to raise funding to complete current projects so that they can sell them and get some money from there.

The most unfortunate thing that happens in such cases is that company may stop work on current projects if they can not raise money. Since they do not feel any responsibility towards the general public. Anyone who bought anything with Parsvanath may not get his dream home anytime soon.

Posted by : pkk07

I read somewhere on Bloomberg that Parsvanath may go bankrupt. And that they are trying to sell their land to raise funding to complete current projects so that they can sell them and get some money from there.

The most unfortunate thing that happens in such cases is that company may stop work on current projects if they can not raise money. Since they do not feel any responsibility towards the general public. Anyone who bought anything with Parsvanath may not get his dream home anytime soon.

Posted by : raj_tibs

Same is true of Parsvanath... Firing employees because they cant sell.. And because they cant sell, they cant build...

Posted by : pkk07

DLF is bluffing. They have always been. They are doing this to prop up their stock price so that they can get better valuations while going for fund raising.
They raised 10,000 crores from IPO last year and they used up all of that in grabbing land at inflated prices. Now as land prices crash, DLF is the Indian subprime story in the making. They dont have money to build. They are firing employees coz they dont have money to pay salaries. Where would the money for buy back come from?
Warren Buffet puts great emphasis on the integrity of company management in making his investment decision. On this one criterion only, DLF is a big zero. They have the most corrupt and unethical management.
This stock is going to hell...

Posted by : pkk07

DLF is bluffing. They have always been. They are doing this to prop up their stock price so that they can get better valuations while going for fund raising.
They raised 10,000 crores from IPO last year and they used up all of that in grabbing land at inflated prices. Now as land prices crash, DLF is the Indian subprime story in the making. They dont have money to build. They are firing employees coz they dont have money to pay salaries. Where would the money for buy back come from?
Warren Buffet puts great emphasis on the integrity of company management in making his investment decision. On this one criterion only, DLF is a big zero. They have the most corrupt and unethical management.
This stock is going to hell...

DLF Buy Back

Posted by : ranan

DLF planning to buy back share worth 1100 crore nxt week

Posted by : raj_tibs

where are all the boarders who were sure DLF will buy back at a higher price?

DLF reached 560 last month, and DLF did not buy back a single share... Most good cos i know, inform the exchange *AFTER* they have bought shares... This co tells the market *BEFORE* it has bought... Please use your judgement, and make use of any opportunity that comes your way to exit positions that are not likely to be profitable in a loooong time.

DLF may slip to Rs 240-260: Bose

Posted by : MMB Messenger

Technical Analyst, Rajat K Bose is of the view that DLF may slip to Rs 240-260.

Posted by : raj_tibs

where are all the boarders who were sure DLF will buy back at a higher price?

DLF reached 560 last month, and DLF did not buy back a single share... Most good cos i know, inform the exchange *AFTER* they have bought shares... This co tells the market *BEFORE* it has bought... Please use your judgement, and make use of any opportunity that comes your way to exit positions that are not likely to be profitable in a loooong time.

Posted by : rvk41

Country's largest real estate firm DLF is likely to start its Rs 1,100-crore buyback offer next week. At a meeting held here on Tuesday, DLF's board of directors approved the public announcement for the buyback that entails start of the offer next week, company sources said.
DLF plans petrol pumps at its malls

The board approval is a statutory requirement after approval from market regulator SEBI that DLF had received earlier this month. Shares of the company were trading at Rs 342.15, down 2.41 per cent on the BSE in the morning trade.
DLF keeps faith in Dankuni

Market regulator SEBI had given the go ahead for the buyback proposal of DLF, entailing the buyback of shares of the company worth Rs 1,110 crore from the capital market at a price not exceeding Rs 600 per share.

The company had earlier said that the actual buyback price would depend upon the market conditions at the time of announcement.

Earlier, in July this year DLF had announced a buyback of up to 2.2 crore equity shares at a price not exceeding Rs 600 per share. The shares would be repurchased from the BSE and NSE through open market deals. DLF has appointed J M Financial and Merrill Lynch as merchant bankers for the buyback

For information,with regards
rvk41

Posted by : rvk41

Country's largest real estate firm DLF is likely to start its Rs 1,100-crore buyback offer next week. At a meeting held here on Tuesday, DLF's board of directors approved the public announcement for the buyback that entails start of the offer next week, company sources said.
DLF plans petrol pumps at its malls

The board approval is a statutory requirement after approval from market regulator SEBI that DLF had received earlier this month. Shares of the company were trading at Rs 342.15, down 2.41 per cent on the BSE in the morning trade.
DLF keeps faith in Dankuni

Market regulator SEBI had given the go ahead for the buyback proposal of DLF, entailing the buyback of shares of the company worth Rs 1,110 crore from the capital market at a price not exceeding Rs 600 per share.

The company had earlier said that the actual buyback price would depend upon the market conditions at the time of announcement.

Earlier, in July this year DLF had announced a buyback of up to 2.2 crore equity shares at a price not exceeding Rs 600 per share. The shares would be repurchased from the BSE and NSE through open market deals. DLF has appointed J M Financial and Merrill Lynch as merchant bankers for the buyback

For information,with regards
rvk41