Dear, If allotted the share keep passion. don't hurry to sell, keep at least one year. will be double. accumulate below 255 75% dividend paying co. be investor. don't be satodiya. if you are investor you will be getting profit from nmdc 100%
@736 & 737 I'm feeling you both are wise by counting NMDC as a good n great co. but i'm not agree that other institutions etc will go to rush buying NMDC stock because if they feels that they would already rushed to take shares in FPO. so this is sure that if we wish a great profit then we should have to hold it long long term. many ups n downs are yet to come. I have also applied 3 full app n alloted 280 each but only with long term view of 3-4 years with no stop loss. i won't mind if share goes even below 250. cos i'm sure that good cos ever rewarded investors inspite of entered at any rate.
I think we cannot compare NMDC with NPTC, mainly because NTPC had a free float of 10% much before the FPO. All Banks, Insurance companies, MF's, Retail Investors were holding this stock.
But with NMDC, this is not the case, so hope NMDC will surprise us very soon.
Most of the people here are making fun of NMDC and they think are very smart by not appling, but i am sure that these people will certainly regreat very soon when NMDC starts moving up. NMDC is a great stock and asset to own like Reliance Industries. All big investers would like to own this crown jewel stock in there porfolio.
If you notice the holding of this stock, it is just owned by LIC and banks. Most of the MF's would like to own this jewel and i am sure certainly they will latch up to this stock. It will be enough to take the stock to 350 levels by them.
If you notice recently, FII's have become very very smart. They know what to pick, when to pick.
How many Retail investors were holding Jubilant Food stock till it reached all time high? I am sure the answer will be not even 1%. Because when we see gain of more than 50% we certainly feel tempted to book profits and take our money back. But FII's and big investors know what the worth of the stock is.
If any body thinks if you can see NMDC below 250, then you are a big fool. When all the panic selling ends, NMDC will bounce back very very strong!!!!
Best of Luck for all the investors of NMDC and try to make smart money out if it.
Fair value of dq is rs. 269 and fair value of il&fs rs. 780 , and NMDC is rs. 66 , i will buy in large quantity dq and il&fs on listing and will sold 1000 shares of nmdc at opening at any rate.
i got allocation of 280 shares of NMDC 350, I booked it when the stock price was more than 375 which is now less than 300. Am I set to make a big loss? or there is any hope of price going up?
Today i checked DP A/c to my surprise, CMP is 283.25/shr & Value as 1,34,543 of Qty of 475 NMDC shrs against close of 298,will they rectify this on monday?by the way i am using SBICAP Securities,Bangalore
DEAR RAJENDRAN REPLY TO YOUR Mar 27, 2010 QUERY RELATED TO NMDC Limited; IE," I Bought NMDC @356 Qty.475 shrs,what should i do book loss or hold.i am short term investor.please suggest ur valuable options?"
Don't worry hold for INDIAN INTELLECT TO UNDERSTAND THE VALUE OF IT. It will take 1 - 3 years. THINK ABOUT PNB @450 SOLD AT 350, AND THE HISTORY IS THAT IT IS @950 NOW DUE TO IT's GEOGRAPHICS PRESENCE.
SIMILARLY NMDC WILL MAKE A HISTORY DUE TO IT's GEOGRAPHIC PRESENCE.
RAJENDRAN JI very bad but sell half of your share and hold half and if share comes near 340/- then sell full.From other money buy sesa goa same sector. hold for some time ,you have 20% lose from 296/- to 356/-. use your calculation also before use any other's advice.
Govt. have understood that after NMDC loot and flop show, they can not make fool to the investor so " Satluj Jal Vidyut Nigam IPO to be delayed " . Giving so may reason for delay.