As per moneycontrol the FPO shares are listed today but still no circular for listing by NSE/BSE. So can anybody would let meknow whether FPO shares can be sold or not.
Buy NMDC at around Rs 285-290 with target of Rs 350 in 3-6 months, says SP Tulsian, market analyst, on CNBC TV18. The stock is currently trading at Rs 288, down 3.4% on the BSE.
Hold NMDC with target of Rs 410 in 2-3 quarters, says Vijay Bhambwani, technical analyst, on CNBC TV18. It has support at Rs 270-280, he adds. The stock is currently trading at Rs 288.15, down 3.4% on the BSE.
Buy NMDC on dips or at current levels with long-term view, says Ashish Kapur of Invest Shoppe on CNBC Awaaz. The stock is currently trading at Rs 288, down 3.4% on the BSE.
By the way who is this GEM IPO FINDER, I am seeing him getting undue footage, whereas other members who are writing helpful posts are not getting anything, stop giving footage to this guy, make this blog a fruitful one so we can help each other rather than what GEM IPO FINDER is feeling and all
Again, I telling you that this Govt. will not leave you until and unless he will not drink you blood. See, now everyone is crying in NHPC, NTPC And NMDC. Regularly we are telling that don’t believe on this Govt. and any PSU IPO/FPO. Now, this SHAMELESS GOVT. is again planning to LOOT in SJVNL, Hind. Copper and Nalco. But, only Indians are really FOOL. If we will say that donate something he will not give but benevolently he has given charity to Govt. Only we can request everyone, please be unite against such type of LOOT and try to submit at least one complain to SEBI, Minister or any authority that why they are regularly LOOTING us and please strictly boycott any future PSU IPO/FPO at least to save AAM AADMI from these cheater. See in earlier Govt. how he rewarded to investors but see this SHAMELESS GOVT?
assuming that all the shares in NMDC was traded for delivery and was sold by only retail investors(just giving a senario), in NSE, only 0.109 times of the alloted shares were sold... that means.. every one is still sitting on the stock... hardly any volume...
Sell NMDC immediately, book loss and get out, wont get a single rupee out of it, govt has made everyone fool, we indians are really fool, just like the NMDC stock, although congress did nothing from 2004 to 2009 we again elected them to power, this stock is same, we knew that it is overpriced still we have invested it, such a fool we Indians.
Disclosure: I am not a BJP supporter, I support the truth, and the fact says that Congress did nothing from 2004 to 2009 for AAM Aadami taken the inflation to the place where it was never going to be but still we have elected them to power with a great majority such a fool people we are
@ Sachin and all PSU IPO haters, if you invest 1 lacs in Pvt IPO, you get 6000 worth shares that too sometimes by draw of lots. Max gain is given by ARSS in past, double the amount otherwise returns are 30-70% in recent IPOs (not the 2009 and past era, check moneycontrol's ipo section, almost all are trading in red but NOT the PSU stocks like REC et al)
So putting 5 lacs in 5 different demat a/cs blocks my money for 20 odd days and return is just share worth 30K on which profits MIGHT BE upto 70%. IF I had invested this 5 lacs in mutual funds/gold ETF/specfic stocks my return would have much higher than 70% lollypop by new entrants.
Don't forget all PSU are goldmines cos they are MONOPOLISTIC or don't have enough compition. Plus MF/LIC/HNI/FII holds most of the bulks in these and we get trapped by punters who sell KACHRA stocks like IPO came in 2010.
No company is foolish to price thier IPO at 70% discount. It's just foolish buyers who are getting trapped and will cry just like ONMobile/RPower/Lotus Eye/Birla Cotsyn/First Winner/Niraj Cement/Tulsi Extrusion/Bang Overseas/Future Capital/Jyothy/Empee/Maytas Infra/Consolidated..... the list is endless and mind all these shares apart from Rpower opened at 25-75% premium and traded at those figures until punters sold these to comman man.
You guys won't understand and blindly follow just like Infrasoft/Persistant/Man Infra/Arss were followed because of typical Indian herd mentailty and will cry after 2 years cursing this market.
Shameless Retail Investors and AAM Aadmi, those are still supporting to PSU and GOVT. Rather they all should file complain against these and should strictly avoid any PSU IPO/FPO.
Very first only I have told even at that time when price was 371/- that don’t be happy by seeing the today’s price. At that time every one was happy. But, you remember that only I have mention:
AAM AADMI = WILL END FROM INDIA WITH FOUR YEARS 1 MONTHS 10 DAYS.
Not only above, only I have sold all NHPC @ 36/-, NTPC @ 211/- on listing day that everyone already told me that this Govt. is HUNGRY and want only money. He can do ANYTHING for looting money from AAM AADMI.
Have you ever seen that any PSU IPO / FPO gone below issue price except some exceptional case i.e. ONGC, GAIL, ICICI, Power Grid Etc. But see how AAM AADMI and Retail Investors are crying for NHPC, NTPC AND NMDC rates. Thanks God GOVT has not LOOT @ 350/- NAHI TO AAJ KYA HOTA?
Now, Govt. will LOOT in SJVNL (First week of May), Hind Copper and Nalco. Because he is not happy with small loss to retail investors in above three issues. Finally, is Govt. me (4 years 1 month 11 days) AAM AADMI and RETAILERS sirf or sirf MARNE ke liye hai wo chahe LOOT or chahe highest inflation or chahe high taxes. May Bhagwan retailers and aam aadmi ko is GOVT KI MAAR se bachaye!
I cannot advise you on the stocks, as one cannot predict the future of this market, and one cannot blame anyone if he loses or make money out of the stock as this is so unpredictable anything can happen, a very high risk game but very interesting, do your own research and try and sell in minimum loss and invest in companies having good fundamentals but with a long-term view, because a short-term investor never becomes a millionaire, I bought PNB a government owned back at 300 rs now it is trading at 1000+, so always be a long-term investor to be richer