NMDC Limited FPO Message Board (Page 11)

@ajayshare
I UNDERSTAND SIR . BUT MY POINT IS THERE IS NO COMPARISON BETWEEN NMDC AND ANY OTHER MINING COMPANY BECAUSE OF THE 75 % OPM . MY POINT OF SHOWING OTHER COMAPNY'S PEs ARE TO JUST SHOW TO EVERYONE THAT 28 PE IS NOT THAT BAD .
ANY WAY SIR , HAVE YOU BEEN ALLOTED ? IF IT IS SO , ARE YOU SELLING BELOW 310 RS A SHARE ?

Raj g share were allotted at 285/- and further amount you will get in bank.

at what price have the shares been allotted? i can see them in dp account.

shailesh g We can not compare shares in that way. compare NMDC with sesa goa, Hindalco, Tata steel , Sail and other of same the sector not with other sectors.

I KNOW MANY OF YOU HERE THINK THAT NMDC IS VERY EXPENSIVE .

AT 28 PE ( EPS IS 11.03) , I BELIEVE THAT NMDC IS CHEAP . CIPLA IS TRADING AT 35 PE , INFOSYS AT 28PE , BHEL AT 37 PE , DLF AT 32 PE , MARUTI AT 33 PE , STERLITE AT 47 PE .
IF PEOPLE CAN BUY ALL THESE STOCKS, THAN SURE NMDC IS CHEAP !!

IT IS A HIGHLY OVERSOLD STOCK . CAN ANYONE NAME COMPANIES IN THE WORLD WHO HAVE A MARKET CAP OF 20$ DOLLARS OR MORE AND HAVE A OPERATING PROFIT MARGIN OF 75% ????

75% PROFIT MARGIN IS UNBELIEVABLE . WE ARE GETTING STOCK AT 50% FROM ITS 52 WEEK HIGH !! EVEN IT AND TELECOM HAVE OPERATING MARGINS OF 25-40% MAXIMUM .

I DONT THINK INSTITUTIONS WILL LET THE STOCK GO BELOW THESE LEVELS SIGNIFICANTLY . ALL WE NEED TO HAVE IS PATIENCE.

DISCLOSURE :- I HAVE 4 LOTS IN MY DP .
PLEASE POINT OUT MISTAKES IF I HAVE MADE ANY ....

Thanks srini ji

Dear Raj,
We got shares credited in DP and it is reflecting in DPSR also with current price. Please check once again or wait upto monday morning.

Is there any body got NMDC shares in DP till now. Karvy showing allotment but my DP not showing share. when i will get.

Some global co.s wich are 100 times better than NMDC are avilable 10 pe, so fair value of NMDC is 60 only. Don,t misgide small investors.

Dear N Narasimhan (708)

Your correct application no. is 12392150 and not 2392150

Name N NARASIMHAN
Shares Applied 260
Shares Alloted 260

NMDC aution 1.5 lakh shares @ Rs.318/- per share.
Source: Economictimes.

NMDC govt. ki company hai, mein to sabhi ko kah raha tha ki please aviod this govt. company, yeh sabhi govt. company looteri hoti hai

My NMDC application no. is 2392150. I had applied for 260 shares @ Rs.350/-. I have not yet received any intimation. Could anyone kindly let me know the position?

N.Narasimhan

i will advise to retail not to sell the shares...wait for atleast 1 year..when the price of mines will be revised then this shares will give you a very good retrun...and as you know most of the holding is with LIC....so trader or investor will look for reatil shares only....so just be patience

BECHANE KI JALDI MEIN MARE JATEN HAIN BHAI LOG. YAAD KARO JISNE BHI JUBILANT FOOD KO 4-5 DIN LATER MEIN BECHA , DOUBLE KAMAYA -JISNE ALLOTMENT SE PEHALE BECHA YA LISTING PE BECHA , BAHUT ROYA ,BAHUT ROYA. SO BATON ME MAT AANA , THANDA KARKE HI KHANA BHAYO... VARNA MUH JAL JAYEGA !

Dear All,

Allotment is credited to DP accounts. Everyone can see this. Now, Nothing smart can be done because every investor will rush to sale shares on monday morning. so in my opinion, the share will show 290 in opening trade.

I tried my level best to convince respected boarders to sell their shares on thursday or friday,when prices were around 305-310 but unfortunately some other boarders were not in favour of this. they kept themselves as well as others away from selling before listing of FPO.

For the knowledge of all here, i must tell u that we have delivered our shares today (which we sold on thursday) to our broker and got confirmation as well for the same. we will receive our cheques on monday eveing for these sold shares. This simply means we need not wait listing or listing circular of nse/bse for selling fpo shares. Since all the shares old and new are "PARI - PASSU" and bear same isin number, exchanges cant not differentiate between old and new shares. Listing and Listing circular are just technical/statutory requirements to be completed for completion of FPO.

so friends, in the next FPO, dont wait for listing or listing circular, u can sell if you have deliveries as per T+2 settlemt schedule.

My Personal Opinion:- who have shares, need not panic and they should not sale shares in opening trade as everyone will be doing this, and opening prices may be exceptionally low, wait for 2-3 hours and then sell. Dont keep it for long term as we are IPO investors and we can not keep full allotment for long term. It could be a good long term story, but still we should book profit and invest in next good ipo.

Abay Gango taily,govt. Dalal, ongc fpo was rs.800 all investors has made money that time and also today, you are mentaly sick.

NHPC ipo duyara paisa lootnay walo kay sarvnaas kay liyay yagay honay wala hi,jinko lose hua hi,nimn mantra 100 bar pad kar ismay bhag lay-kileem kalikay lootary ka sarvnaas kar. Jai maha kali.

We have planned not to take lunch and dinner for 1 month to cover loss that caused by APNE (LOOTING BY GOVT TO AAM AADMI) in NHPC, NTPC AND NMDC. We will also preay that before completing 4 year of this govt God please do something like earthquake, flood so that AAM AADMI can be die without LOOTING by this Govt. We will also pray that inflation should so high i.e milk @ 100/-, Diesel – 400/-, Petrol – 500/-, Cyllinder – 500/-, Kerosene – 200/- so that AAM AADMI can easily die without giving chance to Govt. to LOOT like this.
Further see the funda of all these BHAI. They have sold all the NMDC @ 370/- till that bechare retail have not got allotment. When bechare retail have got the allotment, till then everything has end.
May god give peace to soul of all AAM AADMI on Monday and save from this Govt. by looting in this way.

CNBC AWAAZ ----
NMDC Auction price 317 RS