Engineers India Ltd FPO Message Board (Page 5)

I SAID THERE WAS A SELLER OF 315 IN GREY MARKET WHATS WRONG IN THAT. SHARE OPENED AT 115-116 THEREAFTER IT WENT UP AND AGAIN CAME DOWN BELOW 120 THIS IS NORMAL.

BUT U SAID THAT FII ARE BUYING AT 330 AND ADVISED ME TO SELL. THIS U SAID EVEN AFTER SEEING THE SCREEN AND NOW YOU SAY THAT HIGH OF 328.8 AND 330 IS SAME.

DEAR SIR THIS WAS HIGH ONLY A FEW SHARES WERE ABLE TO GOT SOLD THERE.

AND AGAIN U HAVE EVERY RIGHT TO PUT YOUR OPINION, MAKE COMMENT, AGREE, DISAGREE WITH OTHERS BUT HOW CAN U SAY THAT U ARE THE ONLY WHO CAN BE OVERSMART AND OTHERS SHOULD SHUT UP FOR ONCE AND ALL.

dear all

guys like sreedhar,ravi,gem ipo are only expressing their views, and mind you they have been very very honest and unbaised in their views. it is up to us to take it or leave it. why comment on it in a wrong way, i cant understand.

I had got the EIL shares in my account yesterday itself ICICI Direct I sold in the morning today at 319-50

Cheers

Corporate announcement on NSE Website regarding EIL:
Members of the Exchange are hereby requested to note the following regarding the offer for sale of 3,36,93,660 equity shares of Rs.5/- each of Engineers India Limited by the President of India : 'The Depositories (NSDL and CDSL) have informed the Exchange that credits to the respective accounts have been carried out'.

shreedhar is taking so much pain for others. I am big fan of shreedhar. He is the one whom one can trust without any worry.

I have talked to Stock Holding Corpo., they said we can sell the EIL shares now because ISIN No. of FPO Shares and Existing Shares are same i.e. INE510A01028 and are shown in Demat a/c as FREE not pending

@917 Please Refrain from making FALSE Statement sir..
Shares are NOT Credited to any DEMAT Account

Kaka,
FIIs se direct contact hain,isliye EIL ka marketing manager ban kar maine sab ko EIL apply karne ke liya bathaya.I had confidence in EIL & I convinced lot of people to apply for EIL who otherwise would not have done.What gain would I get other than loss due to less allotment to me due to more subscription.
Just see this message
------------------------------------------------------------
bj Aug 12, 2010 9:53:53 AM IST
Engineers India Ltd
GEM,
I called IndiaBulls and they told me that shares should be visible by 11:30 AM - 12:00 today.
---------------------------------------------------------------
sreedhar Aug 12, 2010 9:25:58 AM IST
Engineers India Ltd
Kaka,
Yeah In time lady asked to check at 1100 am today.It may be addressed to include all people such as GEM who have not yet got their demat credited.Don't try to be 2 smart.You said that no buyers are there in Grey market at 315.Now FIIs are buying at 330.Why don't you sell at 330 & shut up once & for all
------------------------------------------------------------
Yes I am oversmart but you do not try to be oversmart.I said 11 am is intended for people such as GEM and that is what specifically bj message shows now how correct I was.
Your main worry was you could not sell at 315,now you got an opportunity to sell at 328.8 ,So did you sell at 328.8?you want exact rate,so that was the rate.

can we sell the EIL FPO shares today in the market? Or there any restrictions?

BJ

THANKS
I M WAITING FOR THE SHARES BUT WILL NOT SELL BELOW 320
SREEDHAR WILL ALSO NOT SALE BELOW 335 I THINK, HE WILL GET THAT ON MON-TUE

already 32.5 lakh shares traded at both the exchanges and the price is still above 321. great news for long term holders. people are comparing it with REC FPO. but it looks like more than that. it will go higher now.

already sold eil on tuesday and got delivery yesterday and also trasfered the share so no auction for share those sold on tuesday

GEM,
I called IndiaBulls and they told me that shares should be visible by 11:30 AM - 12:00 today.

moneycontrol please paste the link of the page on which it says u cant trade on the new shares in EIL.
kindly back what ur writing with the link.

With week global sentiments what should be the strategy for EIL ? Sell or Hold

shares alloted under fpo cant be traded before 16 aug.

although listing is not required for fpo, but listing permission has to be obtained from exchanges before fpo shs can be treded and no such permission has been obtained as per nse website. my this point can be verified with any recent fpo about listing permission.

thats why some dps are not allowing selling in fpo alloted shs. i have to wait till monday to sell i think, but those who have recived shs in deemat can sell

lagta hai shreedhar ka FII se direct contact hai.

EIL ka bhav 330 high bana hi nahin aur ye mahashay kahte hai FII 330 main kharid rahe hai.

Ravi Pune.

the target for EIl

one week 330-350
one month 375-385
six month 415-475 range
and above one year 465 and above.

five brokerage has already showing the target price for this scrip at 400-450 for six to twelve month period. so wait

SHREEDHAR
i think u are trying to be oversmart

330 ka to aaj high bhav aaya hi nahi

tumhu kanha mila.

grey market 315 ka seller tha. and todays opening was also around that bhav. check opening and low bhav.

Look front page of moneycontrol you can sell alloted shares only after two days.who sell today will make hivey lose due to action.