Sensex

Tuesday, January 15, 2008

DG - Don't Invest In Reliance Power IPO - Following Are Key Reasons : Invest Only For Listing Gains

Don't invest in reliance power IPO - following are key reasons:

1) Anil doesn't know where is he going to start power plants. So no one knows when power production will start

2) When he will finalize site, it won't be easy for him to get land. As usual lot of agitations will happen

3) Biggest problem is - HE DOESN'T HAVE ANY ARRANGEMENT FOR GAS - Mukesh has already said no to him for gas

4) He is supporter of people like Mulayam and Amitab - hence Neither Congress Nor BJP will support him for his power plants

5) States like UP, WB will not give him land

6) His plan to take over power plants like dabhol are already discarded by Congress Government

 

In this conditions of uncertanities, there is no way he would be able to earn profit from the investores money - atleast

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Regards

BigGains !!
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