Tonight, Dubai TV interviewed the acting CEO of Tamweel, Adel Al Shirawi, about his company's IPO. Now, Tamweels IPO (which is when the comapny is basically going to be put up onto the stock market) is coming up very fast indeed, and Shirawi was on today to dispel any fears about it.
Lets just say he got me thinking...
Investors here like to throw money at every IPO that sprouts up. Now, Tamweel is a pretty solid company, and is expected to do well, but is that always the case?
Does every IPO have to hit record figures? Is it always a safe bet to put money on an IPO?
The answer is no, and the actions of the small investors here needs some form of control, because they obviously got the wrong idea, as shown with previous IPOs.
Oh well,.,. Live and let live?
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A thought process
2 comments:
loool,, very funny uaebelle,,
the stock market is crazy and unpredictable. so people have to be careful with that.
we all know what happend with e3mar..
Considering how appalling Tamweel are allegedly supposed to be when dealing with customers, it'll be interesting to see how the enforced openness of an IPO affects their customer service...
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