Don’t look at the grey market premium: Ventura Securities Ltd

Grey market premiums pretty much back on the annual and you have listing gains again being the talking point among various classes of investors.

No we talk of listing gains. Apart from Jubilant and Cox & Kings some time back there is no other company has given the great returns. Honestly I will tell you as an investment candidate don’t look at the grey market premium.

Hathway looks primarily expensive for the simple reason that the entire cable business is in the unorganised. We don’t have great reporting happening. I will stay away irrespective of the grey market premium. I think it will vanish when listing happens.