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Coal India Limited IPO Message Board (Page 154)

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1131. Anonymous |   Link |  Bookmark | October 18, 2010 9:36:13 PM
Coal India is sitting on a pile of cash worth ~~ Rs.35000 Crores.
In the near future, it hopes to tap into international markets and import cheap coal to bridge the demand and supply gap. Thats how it is going to utilize the 35000 crores.

And the money being raised is mainly for the setting up of washeries to cleanse the impure coal bettering its calorific value and hence price in the market too.

Invest having the above info in mind and also the fact that unlike Relinace Power which disappointed all, Coal India business is already up and running.

But also do keep your eyes open for the fact that we are all looking for alternate sources of energy (Green Energy).

And Coal India is one of the largest employers and there is a pay hike also in the near future for its employees.

However, there is no doubt that coal is a depleting source for thermal power in the world.

All the best!
1130. Prudent investor |   Link |  Bookmark | October 18, 2010 9:28:37 PM
ICICI Direct .Com

Reports:

Concerns
Major concerns for the company are:
a) huge employee costs (~36% of the revenue in FY10),
b) current issues related to forest and environment clearances for new mining projects that may delay the projects,
c) issues related to Naxalites and mafia in its major operational area and
d) infrastructure bottlenecks.

Investment Rationale:

�� Market leader with virtually no competitors
�� Growing demand for coal to provide support
�� Low cost of production
�� Capacity expansion
�� Scope for price hike


Be Prudent take the informed decision.
1129. Anonymous |   Link |  Bookmark | October 18, 2010 9:25:55 PM
All,
I have seen people like these who themselves will apply for IPO but will spread rumors so that they get more allotment... Sometimes i wonder "kuch log kitna gire hua hote hai".... Use your wisdom and decide ...
1128. Anonymous |   Link |  Bookmark | October 18, 2010 9:21:16 PM
ye issue ka matlab hai aap lagao or pote ya nati (grand son ) khaye. listing gain bhul jao. relince power yad hai ya bhul gaye wo bhi bhav layega jab tak sabke pote ho jayenge.
1127. Prudent investor |   Link |  Bookmark | October 18, 2010 9:20:30 PM
Economic Times

Investor's Guide:
Coal India looks to be good long-term bet

Now some Negatives:
a) The company is constrained by the fact that it has been unable to scale up its operations and managed less than 6% CAGR growth in production during FY06-10, despite a huge demand- supply gap.

b) The company is constrained by the fact that it has been unable to scale up its operations and managed less than 6% CAGR growth in production during FY06-10, despite a huge demand- supply gap.

C) There is a significant scope for value addition through beneficiation, or washing of coal, which improves the burning quality of fuel apart from easing the transportation.
However, none of this is going to come on stream before FY14. The company is developing 20 beneficiation facilities with a capacity of 111 million tonne annually which would take the share of beneficiated coal to 10% from 4% now by FY15. Washed coal is sold at nearly double the raw coal price and cost increase of about 30%, going by the current cost structure, offering huge improvement in margin expansion.

D)A proposal which is now doing the rounds that 26% of the profits of mining companies be set aside for those displaced due to their projects could be a dampener. If implemented, this will hamper the profitability of CIL, unless it is able to pass on the impact to the final consumer.

Recommendation

The stock is a good long-term bet with steady cash flows and limited risk to profitability. It may also turn out to be a high dividend paying stock, with huge cash reserves, minimal debt and limited cash requirement for its expansion plans for the next few years.

However, the company’s ability to accelerate earnings until FY14 is limited and it may not be able to record profit growth beyond the previous four years’ average of 12-13%. The offer price factors in the growth expectation, leaving not much room for short-term appreciation. Investors can subscribe to the issue keeping these factors in mind.

Take informed Decisions be prudent.
1126. Anonymous |   Link |  Bookmark | October 18, 2010 9:13:32 PM
soooooooooooooooooooooory
no more govt ipo saley pehley tax may lootey hai ab naya parampara layen hai ipo lakar looten ka
issey to d company kay log bhi kam hi lootthey hai

150-60 ka mal 245 par aur machli (retail invester) phasaney kay liye 5percent discount.
ch0r s@ley

meri tauba ,tauba in sarkari looteron sey

vk gupta
1125. Prudent investor |   Link |  Bookmark | October 18, 2010 9:11:28 PM
Valuations becomes even more attrative:

The Economic Times:

Coal India Limited networth to jump by Rs 12K cr in 2012-13

KOLKATA: The networth of Coal India, which launched its IPO today, would witness a sharp jump of around Rs 12,000 crore to about Rs 36,000 crore (USD 8.4 billion) by 2012-13 when it adopts international accounting standards.

"Once we adopt IFRS accounting standard we will get back some Rs 12,000 crore from provision kept as 'overburden removal reserve' used in our traditional accounting system of our mines. This will boost our networth from 2012-13," CIL chairman Partha Bhattacharyya said.

At present, the net worth of Coal India is USD 6 billion (around Rs 25,000 crore), he said.

Moreover, the company will increase its profitability by another 50 per cent due to better realisation of coal price with increasing washed coal from 2016-17.

Take well informed decisions
1124. Anonymous |   Link |  Bookmark | October 18, 2010 9:03:44 PM
DEEPAWALI KHARAB HO JAAYEGI
1123. Prudent investor |   Link |  Bookmark | October 18, 2010 9:03:31 PM
CM Rating:
51/100

Coal India

A controlled giant

Being a government company, volume growth will be constrained and price growth uncertain. Yet it has the potential to attract many institutional investors

It is expected that there will be strong post-listing interest in the scrip even at higher P/E multiple due to strong institutional (especially FII) demand as it is the only Indian stock which gives exposure to the Indian coal industry and the scrip's likely inclusion in leading Indian and global indices. Thus scarcity premium and index company premium can spice up the scrip post listing.

Capital Market reporting above para is a rare phenomenon at least in last 5-6 years.

But Gem IPO Finder analysis of demand and supply in the day of listing is also important.

Capital market has also recomended IL&FS Transport in its capital Corner quoting the same at steep discount of 5.5 times forward PE For FY 2012.

I am myself great friend of the same and had acquired it post listing at around 280-285 levels. Really a good bet at these levels.

Few months back CM (Capital Market) has also recommended Cox and Kings at around 475 levels as fundamently strong share.

Please take the informed decisions.
1122. Anonymous |   Link |  Bookmark | October 18, 2010 9:03:16 PM
HUM SAB PAAGAL HAIN. BAAR BAAR HUMAIN KOOTA AUR LOOTA JAATA HAI PHIR BHI HUM GREY BAZZZAR KE JHANSE MAIN AKAR KOOT JAATE HAI.

MICRO GREY MARKET PREMIUM RS 18 LISTING DISCOUNT
EROS GREY MARKET RS. 45 LISTING 15
INDO SOLAR GREY RS.1 LISTING DISCOUNT
CANTABILE GREY 18 LISTING DISCOUNT
IBPOWER GREY RS. 4 LISTING
NHPC GREY RS. 8 LISTING AT PAR

ENDLESS LIST SUCH IPOS, BE AWARE DONT BE FOOL AGAIN AND AGAIN.
1121. Anonymous |   Link |  Bookmark | October 18, 2010 8:56:28 PM
DEAR 1133

ITS COAL QUALITY IS THE POOREST IN THE WORLD AND THE CHEAPEST SELLER IN THE WORLD

WILL LIST AT DISCOUNT
1120. Anonymous |   Link |  Bookmark | October 18, 2010 8:53:45 PM
NMDC NE KOOTA
SJVNL NE LOOTA
NHPC NE SOOTA

AB PYARE HO JA TAIYAAR
COAL AAYA HAI ABKI BAAR
BAHUT PADEGI MOTI MAAR
DIN ME DIKHENGE TAARE CHAAR

MAIN CHAHE ISAME APPLY KAROON MAIN CHAHE USAME APPLY KAROO ...
MERI MARJI.....
MAIN CHAHE IBPOWER MAIN PITOON MAIN CHAHE CANTABILE MAIN PITOON...
MERI MARJI......
MAIN RUPAIYE KI ATHANNI KARWA DOON....... MERI MARJI.........

1119. Anonymous |   Link |  Bookmark | October 18, 2010 8:48:23 PM
its kala sona

Are munh kala ho jayega. munh dikhane ke layak hi nahi rahoge.
share hath mai aa gaya to bhi, chodane ka moka nahi milega.....
1118. Anonymous |   Link |  Bookmark | October 18, 2010 8:43:28 PM
Diwali kali na karde CIL. Zara bachke , zara hat ke mere yar !
1117. Anonymous |   Link |  Bookmark | October 18, 2010 8:40:45 PM
Kyo ki samay ne bhir wahi game khela hai.....

bacho or nikal jao .......

1116. Anonymous |   Link |  Bookmark | October 18, 2010 8:39:57 PM
There is no comparision between RPOWER & COAL India.

At time of IPO RPOWER was the company on paper.

COAL India is a largest coal producing company in the world, based on raw coal production of 431.26 million tons in fiscal 2010.

Its KALA Sona

1115. Anonymous |   Link |  Bookmark | October 18, 2010 8:30:51 PM
R POWER = COAL INDIA
SENSEX
21000 ABOUVE = 20168.89 18.10.2010 4.02 PM

SAMJO WAHI 2008 KI GATANA HONE WALI HAI........
BACHO NIKAL JAO SAMAY PER MOKA NAHI MILEGA......
1114. Anonymous |   Link |  Bookmark | October 18, 2010 8:29:51 PM
EVEN EMPLOYEES ARE NOT SUBSCRIBING TO THE IPO. I THINK THIS IS A BAD IPO.

ANOTHER RELIANCE POWER IN MAKING
1113. Anonymous |   Link |  Bookmark | October 18, 2010 8:26:16 PM
1119. Are ullu ke patthe,gade, andhe, tv nahi dekhata, paper nahi padhata kya? muh uthakar chala aya massege post karne. saale tere jaise logo ne ch.garh ko ganda kar rakha hai. chal nikal yahan se, phir POST mat karna.
1112. Anonymous |   Link |  Bookmark | October 18, 2010 8:22:21 PM
Be alert....euphoria going to high....beware of COAL INDIA...