The reason why this article features here is because this it has been paid for...I am not making an allegation...I am sure about it that it is a PR excercise....Y do only selected IPOs (read that as PR paid) get menbtioned about.
The author say that 77% debt is good!! Now something is fishy here...probably I do not understand shares at all!!
The IPO is for all I understand to take out the trapped money of the promoters.....with the competion hotting-up and so many malls coming around....its a remote chance that the firm will make any money.
Its fine to make money (for rediff) by publishing PR paid articles but not blatantly publishing what the company asked you to write!!
RE:Provogue's IPO
by Manish on Jun 14, 2005 02:05 PM Permalink
i feel the same. why didnt you take Jindal Polyfilms or YES bank! they appear to be more attractive than Provogue!
RE:Provogue's IPO
by kartha on Jun 14, 2005 03:25 PM Permalink
Perfectly right!!! Hope rediff would stop trying to fool its customer atleast now!... Any person with little bit of common sense could say that this is a paid writeup...
