MicroTix

*AVOID apply for Hyundai IPO.*

Reasons:
🔸 It is 100% OFS. Means offer for sale. Not a single money goes to company. All money from our pocket is going to promoter's pocket. And that too in Korea. So this is big loot of India.

🔸 Exorbitant rise in dividend payout to the parent by taking money out of cash reserves, just before IPO. Look like captain is jumping out of ship before others🙄

🔸 Sharp increase in royalty payment percentage to the parent, also just before IPO.

🔸 Launching IPO with full of face component at Big Bull market valuations, while automotive market is struggling.

🔸 Over valued IPO.

🔸 Hyundai sale is decreasing by 5% in July.

🔸 Pear companies are undervalued and with lower P/E ratio like Tata Motors.

🔸 This is historically big IPO, so supplies huge. So slow chance of listing gain.

🔸 It may fall sharp after listing.

🔸 Grey market premium is falling dramatically. Still going down.

*Info only*

When the chips are down, you can count on India to be in the right place at the right time.

Consider avoiding fresh investments in high-valuation stocks, as the market may have already priced them accurately for the time being.

Call now to connect with business.