NMDC Limited FPO Message Board (Page 45)

Thanks for reply, Rajesh. But how did u calculate?

Hey friends!

PLEASE PAY ATTENTION HERE AND READ AND UNDERSTAND IT THE GAME OF REC FPO.

the price of the rec in jan near abt 273+ we all know that time govt was considering to fix a fpo price 250 for shareholders but when the date of fpo decieded 3 feb people start short selling in f&o segment to gain profit and at the time when fpo opend price was 212 and govt had to decieded 203 per share as a floor price this time people think that why rec price came down very fast without any bad news but the funda was different those people who short rec in f&o in feb. or march series at 260-270+ will earn good profit because they applied in fpo and definietly will get share and will sell in market at the time of expiry of series and it is also noted that after closing the fpo the share prices increasing day by day again any good news and it increses from 212-213 to 246 in just 3 days why this is a funda to get share at a low price. IS IT RIGHT OR NOT REPLY YAR!!!!!!!!!!!!!!!!!!!

NMDC 434- As long as it trades below 480, it is bearish.

It could fall to 420-415 zone, 369-341 zone or even below 312.

Even if it closes above 462, it becomes neutral (unsure which direction it may take- whether up or down).

However, if it closes above 480, it could rise to 490-517 zone (bullish).

ubi ka premium 63+3+10 hoga.....for those who have sold share in confirm

pan in case case of application dere will b no benifit for seller

20. HBP
Feb 26, 2010 1:38:14 PM IST
No,market rate of 432+ is for Face value of Rs.1.

Binu,They had no business buying NMDC shares @500.If they have bought them they should be ready to face the music.Anyhow your suggestion is good.Hope the govt. issues them bonus shares otherwise I dont see any subscribers to the issue except LIC & SBI.

sreedhar,
that might not happen ,since offerring at lower price(200 i believe is right), will cause loss to those who have bought in good faith. i think they should offer bonus to existing share holders from govt kitty and then price issue at 200/-

This will be a good issue If FPO @ less than 20% of the market price

Binu,Thats why it will be like an IPO & its valuations should be ok for us to apply.

NMDC is a tricky issue since it is highly ill-liquid(low free float) it is trading at nonsensical valuation 400+(PE OF 50+) compared to sesa goa &GMDC (PE 16-19). therefore if is offered at 400 nobody will touch it

price band will be 375

I THINK NMDC PRICE BAND 401 TO 406

Ramesh,Retail ko Aqua 215 ko mila.

IPO is Initial Public Offer where the company lists first time on the Bourses like NHPC and FPO is Further Public Offer where the company is already listed like NTPC.

SREEDHAR PL YOU TELL ME AQUA RETAILER KO KITNE ME MILA THA

Guruji,Why did u apply in the IPO when people were saying it was expensive issue.Not everyone is lucky like Aqua logistics investors.If you go for issues which are expensive this is what happens.

anybody tell aqua logistic retailar ko kitne me aya tha

ndmc ki price band kya hogi.

Chota banks like Dena,Vijaya,UCO etc up today 5-10 %.So those who have applied for UBI rejoice.UBI

great work pranavda

tax slab increase, great news for common man, thanks