Power Finance Corporation Ltd FPO Message Board (Page 35)

Dear KK Natrajan,
Gap between cash and F&O price is more than Rs 10 now.Any change in plan for covering future?

Applied 4 full.Wish I could hedge them.

524 Nis, 17th May is holiday for BUDDHA PURNIMA. Market is closed.

Dear Sreedhar, et all.
Missed PFC as expected returns are meagre 5-10% and lot of money locked in CMC @ around 2190 .I entered CMC on news that it bagged huge order from our LIC for UID for all policy holders. Can u/someone suggest at what price can I exit CMC? can I exit at 52 week high price wht ever i get on Monday?

I have applied through SBI ASBA option I have a savings plus account and broker is IndiaInfoline, when lien was marked, money from my FD (MOD in sbi language) was transferred (reverse swept)to savings account. Is this how things work? I was under the impression that when the lien is marked all the money stays where it is even FDs (i.e. no reverse sweep). I know that money will be debited when shares are allotted, but I did not know about reverse sweeping part..is this how it works?

Vimal

Dear KK,

70*10=700
I am happy with that profit boss...

Dear Durai,
Sorry. You will get 70 shares as you have applied only for 5 lots.

Dear Durai,
You will get 98 shares, if you have not made any errors in filling up your online application. Ha ha ha!!!

Book your profit in SKS Microfinance because now its over valued and you will see high selling pressor on monday so book your profit at that level otherwise ready for stock down.
place your sell bids in AMO at current price or below current price because on monday the price will hit his lower band.
so hurrt up guys

TO,
SAKARIA VISHAL

U HAVE WROTE THAT THERE WILL BE FOUR TRADING DAY IN NEXT WEEK,,,,,,,HOW? THERE IS NO HOLIDAYS IN MAY JUNE JULY FOR TRADING SESSION.

THANK U.

Hi Guys,

I had to pick between PFC and Galaxy. I have gone for PFC and have decided to skip Galaxy. Being a small time investor, I think chances of good allotment favored PFC than Galaxy. Seeing the hype and Brokerage firm Bullish views, Galaxy would go for huge subscription and I may be alloted Just 20 shares or NIL.

All the best for PFC and Galaxy Applicants.

Thanks,
GreenHorn

applied 2 1 lakh application... it may list 200-205 range ...i may got 500+share

Dear Fools Brooker - Those were the days when every company share was increasing day by day and finally came the Reliance Power IPO after which the market crashed and PFC came to Rs.100/-. During this time I sold somewhere around the rate of Rs.100+ and still made 20-25% profit.

Now after 4+ years we are being offered at Rs.193 and the script is subscribed 2 times in Retail against 4 times during IPO.

vas nat my freind if you have not sold the shares of pfc you hold at any rate above rs 218 then it is your bad luck as any price above rs 220 is imposiable as per GOOD BROKER as on now that all the ossilators of pfc are pointing down wards and having checked the charts i agree with him

PFC IPO was my first IPO in stock market. It had a block buster listing and a great run to Rs.280+ within a year's time. It offered dividends too.

Hope this FPO also does well and gives good returns.

Against 8.02 cr. shares in retail segment , reported bids up to 8 pm
are 10.1 cr. shares. So it is 2.0 times. Expect just Half of applied.


Best of Luck.
OM NAMAH: SHIVAY

thanks , only 4 tradiing day in next week. hope PFC will hang around 220 by next friday. then on Monday (23/05)onward there will be short selling which may take the price around 205/- ,so still there will be around Rs.15/- per share benifit

PFC FPO FINAL REPOT. QIB> 6.92, HNI> 1.20,RETAL> 2.00, EMP>0.91, TOTAL > 4.34, APLS>267000. APPROX. (VPS)

Final figures

NII 1.2
Retail 2.0
employee 0.91

@ kk,
I had fund to apply only for 7 lots, because of Sure 5% gains in PFC, i applied 5 lots(AS you know) and will apply 2 lots in Galaxy, after looking the QIB Figures..