this thread is targetted more towards pakistani guppies coz i dono if non-resident pakis are allowed to purchase PPL shares coz the form i have says its only for pak residents but maybe non res have a diff form
not sure
khayrrrrrrrr
the thing is
every single person i know is buying PPL shares [pakistan petroleum limited]
basically u r getting 500 shares for 27,500
its an IPO
theres going to be a Qurandaazi abt who gets the shares and then if u get them then u can sell them and u will ATLEAST make a 100% profit…so instant 25,000 ka faida
this is what everyone is saying, at office, relatives, everyone
ive never dealt in stox b4 but my friends n relatives were telling me i shud do it lekin i am scared of all this stox stuff, khamakha ka syapa, aik nai sardardi…as if life isnt complicated enuf already :Pretty: [alhamdulillah]
abb im thinking if i shud go for it or not???
apparently recently OGDC shares were in a similar position and then Sui Southern too and Al Falah n ppl made a lot of money thru that
so im wondering now if i shud buy these PPL shares too and enter the big bad world of stock trading?
About every thing! if it was that easy to make money out of stocks every body would be trading from the luxury of their homes.... I have been trading since 1990s.... Just becareful....
Do it, irem. PPL is as safe an investment as a house :k:
Quraandazi may or may not happen (its called balloting in angrezi :D)…this will depend if the number of applications received is more than 204,000 applications. By the looks of it, the issue will sell like hot cakes..since every one i know…even chai wallahs, pan wallahs are putting money in it.
Go for it i say…
meray dost to jaibaan jhaar jhaar kar paisay daal rahe hain.
Umer bhai, someone else asked me that as well. Inshallah I'll look into it and get back to you. The form I have says only for resident Pakistanis and the last date is the 22nd but let me get back to you about this one :)
So Irem, you would buy stocks of companies who deal in RIBA for profit??? Good good...I am glad somethng good rubbed off on your during your stay in USA.
Matsui uncle how do u know PPL deals in RIBA? and also, can u tell me what RIBA is? :p
ahmadjee, thanks for the advice. actually these stocks are beng considered really safe by everyone. read Khan bhai's reply above. aur waise bhee abhee mein itni ameer nai hui k real estate khareedna shuru karoon :D these stock r just abt 30,000 rupees so its not that expensive :)
I heard they came up with some good fixed income interest rate for mortgages ... you can buy yourself an apartment in Karachi or something. No, I am not suggesting you get it for yourself ... maybe you can rent it out and get the kamayee! Kaisa?
ahmadjee idea to boht “fit” hae lekin the thing is k firstly i earn a quite modest amt so plans bhee us k hisaab se hi banati hoon and the second thing is right now future plans r kinda unsure, like i might go to grad school in a yr, might start a small business if that doesnt happen, etc etc, is lyay abhee not thinking abt doing anything permanent for abt a yr
Irem, allah mian isn;t gonna ask, did PPL leverage it't working capital to optimize it's WACC. I would suggest you read the quran again about Riba and find out whether you are going to hell or not.
dang
Good One!
and the second thing is right now future plans r kinda unsure, like i might go to grad school in a yr, might start a small business if that doesnt happen, etc etc, is lyay abhee not thinking abt doing anything permanent for abt a yr