SBD-3
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IPOsWhat do suggest for starters what's a safe bet ?
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IPOsWhat do suggest for starters what's a safe bet ?
IPOs
@HRK Bhai - the KSE should be moved to Lahore; you Karachiwalaas don't know how to run Capital Markets !
Yaaar kasam seh waisee jokes aside; I saw some of the financial trading that goes on in brokerage houses here in Pakistan.....there is very little analysis (technical or fundamental) aur algorithmic trading to sawal hiii nahin paidaa hotaaa !
it's a tiny market, what did you expect ?
But even a tiny market could be developed into something; not one where the sum of the buying and selling has more to do with what the news of the minute is saying as opposed to financial modelling over months to reflect what a company is really worth.
KSE has been manipulated by some shady investors by buying stocks low to raise the price of shares and sell them when prices are high and it crashes the stock. These tricks have caused people stay away from stack market and instead invest real estate.
These are not "shady" investors, all investors do that. That's how you make money trading stocks. You buy shares when they're low if you know the price will rise in future, and when it does, you sell.
Open an account with a good brokerage house. You can open an account with as low as 5000 PKR these days. Fill out the IPO forms when a good company files for IPO l. Get these shares electronically credited in your account and sell as soon as the share price reach your target. Its not likely that you'll make profits on all the trades but if you invest responsibally and with patience, you can make good moneyhow to get started on these between.. heard scary stories & scams never thought about investing in KSE
Lahore already has a stock market of Her own. But it remains insignificant.@HRK Bhai - the KSE should be moved to Lahore; you Karachiwalaas don't know how to run Capital Markets !
Yaaar kasam seh waisee jokes aside; I saw some of the financial trading that goes on in brokerage houses here in Pakistan.....there is very little analysis (technical or fundamental) aur algorithmic trading to sawal hiii nahin paidaa hotaaa !
Buy low sell high does not including manipulation of share value. These shady investors take a worthless shares of company and the buy and sell among themselves increase the price manifolds to attract honest naive investors then sell crashing the stock to its original worthless value.
At that time dollar was 60 PKR...market cap is now 76Billion dollars
is it true that under musharaf the market cap was 126Billion dollars or a false news?
At that time dollar was 60 PKR...
simple maths
76*(1+{(101-60)/60})=127.93
The index in 2013 was recovering post 2008 freefall. The stock price today is at least 3-4x (even 8-11 x in some cases) the prices in mid2012-to early 2013.The market cap in march 2013 was 42Billion dollars,so it doesn't make sense.