It is rightly said common sense is not common. When pizza can be sold at 40 pe why NMDC will not trade at 30 pe . Market price will jump up for sure and FII will buy outstanding share in market even though they did not applied at 300 rs FPO. Reason is clear only 2 cr shares in market( except LIC etc ) which means if FII pump in 600-800 cr in NMDC they can take the price where they want. Pizza sell is recent example. Also go back past when Mahindra holiday issue came what CNBC was telling and see now price so dont listen to CNBC. If month before it was trading at 450 then why nobody in CNBC advised clear common sense
Globally, new contracts are securing much higher prices for the miners' iron ore, pushing mining stocks higher... See BBC report: http://news.bbc.co.uk/2/hi/business/8594719.stm So my guess is NMDC price should go higher.
Disclosure: Hold NMDC shares from FPO and am not selling!
Please don't use bad language and other's name if you are a good advisor than use your own name and good language. Don't try to spoil any one's image. This site providing a good place to discuss our views so BE A GOOD INVESTOR AND ADVISOR.
Please don't use other's name if you are a good advisor than use your own name and don't try to spoil any one's image. Don’t use same name also. BE A GOOD INVESTOR AND ADVISOR.
to dilshan, dont advice me, read my massages carefully what i said and then reply me......u did not made money u lost money , plz know the defn. of making money correctly, baap ko chhalenege mut karo bachhe
ur massges
dilshan Mar 30, 2010 1:52:41 PM IST NMDC Limited To GEM IPO
Everyone applied for FPO made profit. What are you saying that it will go down to 250. Your challenge was no one will make profit and it will reach 250 before listing but you have failed. Don't give wrong suggestions in this forum
Everyone applied for FPO made profit. What are you saying that it will go down to 250. Your challenge was no one will make profit and it will reach 250 before listing but you have failed. Don't give wrong suggestions in this forum.
TO ALL PRAISING NMDC, PLZ DONT DO THAT U ALSO KNOW THE TRUTH, NMDC SABKA MUH APNE MINE SE KOILA NIKAL KER KALA KAREGA, TRY TO EXIT WITH LESS MUH KALA, ORNA MAROGO BACHHO STOCK KA MINE BLAST HONE WALA HAI 250 KE NICHE MAI A STOCK TUMKO BECH KE DIKHAONGA, TO SOCHO BUY MAI KITNA PER KAROONGA
SANJAY BABU LISING KE DIN DO PAINT AUR CHHADI PEHEN KE AANA.... ORNA 6 MAHINE TAK BECHNE MAT AANA, JHOPADI MEIN NANGA RAHNA