i got shares in my SHCIL Dmat in Night its may go on Monday below 285/- but after a week its go more than 320/- due its in oversold zone and short sale will make auction sin monday over 4.50 lacs shares in both exchanges...
All u crying over NMDC looting you , would be dsperate to buy this share at Rs.320/- after a month . Mark my word because this is a market of the sheep-followers- nobody cares abt EPS , PE & all that numbo-jumbo.That,s what the smart alecks use just to confuse the gullibles.
689 Bachooo. ONGC was also trading below the issue price for a long long time. But after that, it rewarded the investors. IBP, IPCL, CMC and Gail are other examples fro the past. And government is not forcing you to participate in their issues. So dont cry.
@690 SK 1) you will get the balance Rs.45 per share. 2) you don't even know the basics of share market (which is visible from your question) then how can you say that this share is oversold and will give 100 rs return in two months time?
I applied online through sharekhan at a bid price of 325. As NMDC declared the price of 300 + 5 percent discount to retail investor, i want to know that when i will get the balance amount. Means 325 - 285 = 40 rupee per share. Please let me know your suggestions.
One more thing, to all the investors who are worried. This stock will give you a return of 100 per share within 2 months. The stock is oversold and it will boom again. Dont worry
SEE ALL GIVT COMPANIES LOOTED MONEY FROM IPO NMDC,NHPC ,NTPC SO THEY ARE NOTHING BUT RUNNING ON PUBLIC MONEY. ONE MUST FILE A CASE AGAINST NHPC FOR LOOTING PUBLIC AND THIS MIGHT BE THE ONLY PSU IPO WHICH HAS GONE SO BELOW ISSUE PRICE. IN OTHER COUNTRIES ALL PUBLIC SECTOR IPO PRICE IT WELL SO THAT RETAILERS DONT FEEL CHEATED. PLEASE BOYCOTT ALL PSU COMPANIES FPO OR IPO NAND SPREAD THIS TO EVERYONE TO SAVE THEIR MONEY
I applied for both NTPC and NMDC in the hope that they will keep my money safe. They would not make me crorepati but for sure they will not make me roadpati too. Since the FPO came NTPC never went below 199, I wonder what will happen with NMDC, but as it is a great asset I really wonder how the stock is going so deep, I would still keep my trust on NTPC and NMDC (i dont trust the government though) as these companies are having great asset.
To all immature investors, I see people posting that they will sell the stock on Monday with minimal loss.. Please use your mind.. This stock is a great stock.. every fall you need to treat it as an opportunity to buy. Did any one thought why it was trading above 500 before the FPO ? what ever is happening now is all manipulation.. there are other side team waiting to buy all the stock below 300.. and once it is consolidated, there will be only buyers and no sellers which would force this stock to touch more than 500 with in a month or two. I still remember this stock (before the split) when it was trading around 6000 rupees each (later it got split to 1:30). that time we were expecting this stock could touch 50000 rupees. So if you still think you should sell... sell it.. but dont repend later why you had done it.
Dear raju bhaiya, Did I blame govt anywhere?. Sharemarket is always a risky game, one day we will get profit, otherday we will see loss, so all is part of game. In this may be I can get loss of around 800(80X10)Rs.(assuming stock will trade around 275 in opening seconds and fall later, I can sell in opening seconds), I can gain this amount in other IPO, what is there.