I hope you avoided the EROS IPO. If it was priced at 150, I would have said, yes, one can go ahead. Think about the risk involved. They are just an online store for DVD buying and renting and they are now wanting to produce movies. Lack of experience is a significant risk in the media sector and on top of that, 1 or 2 flop movies can change the entire balance sheet.
- M, pp
On Mon, Sep 20, 2010 at 3:54 PM, SOME ONE wrote:
dear sir, I was going through Eros IPO. This IPO looks very lucrative. Please provide your input as tomorrow is the last date for subscription.
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