NMDC Limited FPO Message Board (Page 18)

nmdc 450 to 600 by end of this year if no big downfall in international markets.

One eroor in post 579 para [iv]

If NMDC earns 8% per year return on this money, the EPS on this new share will be Rs 24/= PA (not Rs 12/= as written in the post).

The amount of Rs 9967 crores now collected by NMDC will add about Rs 800 Crores as interest / other income to its PL Accts. That will add Rs 2.50 to next year's EPS, taking it beyond Rs 10.00.

Dear All,

Here is a simple analysis:

[i] Today NMDC's EPS (TTM) is 8.64 and PE is 35. [All data from moneycontrol]

[ii] It has raised money thru FPO but it does not require this money for its operations. Look at its Balance Sheet on 31st Mar 09. It had total assets of Rs 11,636 crores of which 9701 crores was in Fixed Deposits. Yes, 83% assets were in Fixed Deposits.

[iii] The money now raised can only go into some more Fixed Deposit or Govt Treasury.

[iv] Each new share is issued by it for Rs 300/=. If NMDC earns 8% per year return on this money, the EPS on this new share will be Rs 12/= PA.

[v] This issue will have a tendency to push NMDC's EPS up from 8.64 to some higher figure.

[vi] Its profits will also increase over the years due to revision in long-term contract rates with Japanese companies as told by the CMD. And due to revival of steel industry abroad.

It is a very healthy & highly profitable company. Should be able to sustain a PE of 25 in short term. Hence the price should not fall below Rs 250/=.

If NMDC can earn more than 8% per year on the money it has now raised, then price could go still higher.

I must say that the knoweldgeable people in Government appear to have pulled a fast one on public. The fair price of the issue would have been around Rs 250/=. If it falls below the NMDC should go for a buyback of shares.

delivery data at nse
monday-249410
tuesday-640937(three times of monday)
thursday-2064520(ten times more)
higher then last six months
so accumulation can be seen in this scrip its a pretty good sign for any stock larger volume and larger accumulation i am not at all disturbed with the bleeding of this stock but i am badly begging plz come down to the levels of 275 or 285 i sold my delivery at 365 bought 100 shares at 327 on tuesday and today 200 at 305 planning, 200 more tomorrow at 297 bid and on monday 500 shares at the early morning it may be 285 or 300 or 310 no matter will grab it for next march.i know that it will give me a lot

NMDC will now seek realistic price

PE 18 : Mkt price Rs.198 (attractive)
PE 20 : Mkt price Rs.220 (attractive)
PE 22 : Mkt price Rs.242 (possible)
PE 25 : Mkt price Rs.275 (possible)
PE 27 : Mkt price Rs.297 (difficult)
PE 30 : Mkt price Rs.330 (unlikely)

i think nmdc shares will credit in dp on monday evening, becs company have not debited the amount in ASBA A/C till date

NMDC in Bear trap shall go below 275....

jisne bhi becha hai usko OCTION hoga........ sab ka shares 290 me MONDAY ko bikega. 500 Rs. me bech na hai woh 3 years ke bad bechana. OK.?

THANKS GOD, GOVT. HAS NOT LOOT @ 350/- NAHI TO AAJ KYA HAAL HOTA?

NOW, GOVT. IS PLANNING TO LOOT THE INVESTORS IN SAIL AND WILL BE FINALISED ON THRUSDAY

NMDC = NHPC CATEGORY
NTPC = NHPC CATEGORY
UBI = NHPC CATEGORY
EMMBI = NHPC CATEGORY
HATHWAY = NHPC CATEGORY
INDIABULLS POWER = NHPC CATEGORY
RELIANCE POWER = NHPC CATEGORY      

NHPC CATEGORY = GOVT.

GOVT. = LOOT AND HIGH INFLATION

LOOT AND HIGH INFLATION = “AAM AADMI”

“AAM AADMI” = WILL BE END IN FOUR YEARS. BECAUSE MAIN MOTTO IS TO LOOT AT MAXIMUM RATES.

FORTHCOMING FPO PLANNING AND STRATEGY

SAIL = FPO – 300 – 325. POST FPO – 225/-
SJVNL = FPO 27-35 POST FPO – 15/-
HIND COPPER FPO = 700/- - 750/- POST FPO = 400/- - 425/-

EARLIER GOVT HAVE REWARDED TO INVESTORS IN ONGC, GAIL, POWER GRID ETC.

ONLY I HAVE SOLD NHPC @ 36/- ON LISTING DAY, ONLY I HAVE SOLD NTPC @ 211/-, ONLY I HAVE SOLD NMDC @ 401/-, ONLY I HAVE SOLD UNITED BANK @ 72/- AS I NEVER BELIEVE ON THIS GOVT AS MAIN MOTTO IS TO LOOT ONLYYYYYY INVESTORS AND AAM AADMI.

Sale on allotment in early tread closing will be below 285

By the time of listing it will be in 280-290 range with extreme selling pressure.

Dear borders

Shares in D mat today or tommarrow.

Hope for goodgains on listing.

Thanks

NMDC 305- Target 269-252 zone, 234-189 zone or even below 144.

It will turn neutral on close above 363. Bullish only on close above 402.

HOW WILL COME NMDC IN DP I SOLD NMDC AT TUESDAY I M FEAR OF AUCTION SO PLZ REPLY ME URGENT

Please ignore message # 565

Please ignore Post # 565

NMDC 305- It could fall to 189 or even 144. It will turn bullish only on close above 402.

It will become neutral on close > 360.

lic made payout for nmdc today itself it does mean that they will get the shares in their accounts by tomorrow it implies on us to but bad news is this that they have no plan to buy more from secondary market soon they will adopt wait and watch policy.

lic bid for 27 cr shares and got 21.7 cr shares its a strong possibility that lic will buy further from secondary market if it happens than we can see a strong upmove immediately.

@ 553. Vikash
what are you smoking??