NMDC Limited FPO Message Board (Page 32)

krirt shah.,

sir u must not be aware of the fact that shares do not fall or go up only due to delivery based trades but there are many ways that r used by market partcipant that i will not be able to understand u as u look like a bhed-ka-bheed type investor u just see what happens to it
absence of buying will lead this stock to ur under u see

no.296 probably u r not the gem finder in the true term. big chunk of this fpo is now in a very few hands and tht too in sound hands like lic,tatas,mittals,etc. they r not expected to sell these shares in a discount. so price will definitely remain above the issue price.and this is a clear case of making money for the retial investors. this point should b considered while predicting the prices of this share. in the short term one makes the fault of giving weightage to fundamentals but one has to forsee the future prospect also.

NMDC Crashed another 4% today it will go this way for around 10 days now and will be reach 250 rs by the time shares are allotted. ggod that retail stayed away from the fpo.

Strange the prices are going down.

everyone who is predicting nmdc above 300-310 till listing is either have vested interest means have applied in nmdc and now frightened & trying to post rosy massages apne miya-mithuu kar raha hai or is real fool boka dont understand the factors prevailing right now for nmdc.....

hope for the best of your fates

discl: i dont apply in any ipo where 100% allotment expected

NMDC IPO- ENJOY THE PROFIT AFTER ALLOTMENT RS-9000

NMDC will put mining BOMB on those who have not applied for FPO on its listing day.
Discl: I have applied in NMDC FPO.

N M D C ka price 300rs. set kar diya hai .......... retail investors enjoy at. rs.285........... ab aisa lagta hai ki kuchh fayda ho sakta hai

NMDC can go down upto 215 .

BOARDERS ARE SAYING >

NMDC SHOULD PUCHASE AT CURRENT LAVEL.

IS IT WORTH TO BUY @ Rs.350 ??

REPLY PLEASE

NMDC is 10rs. down

i think it will stable between 310 to 325 within next 14 days(time of allotment)

BONUS!!!!!!!
GUYS NMDC IS A BONUS CANDIDATE...LOOK AT THE RESERVES OF THE COMPANY......
DO NOT SELL THIS SHARE....IT MAY GO 500 AGAIN IN NEAR TERM...........NJOY THE GAIN........

Price fixed at 300. so retailers gets at 285

Thisnk, this issue will list above 350 and reatils will stand to benefit.

Those who have not perticipated in FPO of NMDC are woried about those who have perticipated. I have applied and hopeful of handsome returns in short-medium and long term.The market cap of company is more than 132000 crore rupees, out of which retail investors have applied for only 720 crore rupees. Remaining shares worth 131000 crore rupees of company are with govt. and qib. QIB can easly buy most of retail shareholders stake worth 720 crore at premium on listing. Then it is easy for them to enhance their valuation. There are many triggers such as possible hike in prices of iron ore, issue of bonus shares etc.

Mr.manoj NHPC ko b group may rak kar b group ke inselt mat karoo, it is choor group co.

NMDC,REC,NTPC fpos totely failed in retail categery, and all future psu fpos will be failed, govt,cbi, sebi should take action immediatly against NHPC high price issue and declair 1000% divedent to NHPC shareholders, other wise not only fpos but also govt. Will failed.

GO FOR HANDSOME RETURN FOR EVERY NMDC INVESTOR...BECAUSE APPLICATION RATE IS 4000+ BUYER...SO ENJOY IT...

@275 Rajesh. Firstly thanks for your effort to reply & well research. But I think NMDC is totally different case from your research. Firstly it's not comparable with power sector IPO as this a commodity play stock. Nowadays here is booming time for all commodity play cos.
Iron ore is a key input required in steel making. During the recent global financial market turmoil, India and China were the only two bright spots. In calendar year 2009, among the major steel producers in the world, India and China experienced a growth in steel output, while most others reported a fall. This indicates that the demand for iron ore has remained relatively firm. Furthermore, NMDC caters mainly to the domestic market, which augurs well. The National Steel Policy (NSP) has set a steel production goal of 110 million tonnes by 2019-20. This requires an availability of 190 million tonnes of iron ore for domestic consumption. Currently, domestic iron ore consumption is estimated at around 90 million tones in FY 2009.

NMDC is one of the lowest cost producers of iron ore across the globe and has been able to keep the operating expenses in check, giving the company a competitive edge. While the EBIDTA has increased sharply from US$ 13.4 per tonne in FY 2005 to around US$ 51.3 per tonne in FY 2009, the operating expenses (based on consolidated audited financial statements excluding selling expenses) have increased from US$ 6.1 per tonne in FY 2005 to around US$ 7.6 per tonne in FY 2009.

NMDC's 92% of iron-ore sales are on long-term contract and the balance 8% on spot basis. As a result, the current performance is reflective of the long-term contractual iron ore pricing, which is at a steep discount to spot price. However, going forward, there are proposals to move the contract prices near to the spot rates next year. This would have a positive impact on its iron ore realization. Strong spot prices coupled with indication by global majors to seek settlement close to the spot rates augur well for the company. NMDC has appointed a consultant to look at various possible pricing mechanisms available to realise higher iron ore price once the benchmark system is changed.
NMDC Ltd., Asia's third-largest iron-ore producer by market value,
It's not always true that only multiple subscribed IPO/FPO only gives good returns. Even Maruti stock also got very poor subscription but given tremendous returns over the years. also see at so many stocks, which was haviely
oversubscribed but trading at almost half the issue price.

can any one please tell, by what date the NMDC FPO will be alloted and will be available for trading...