Power Finance Corporation Ltd FPO Message Board (Page 46)

Correction - Read as for 1 lakh investment not 2 lakh.

Till 2 pM only 11% subscribe. Will it be subscribed fully in retails. What is view of other experts

Jigar K Shah

The current SBI N5 bonds run at 9.48% yield and with the same yield for these TATA Bonds @ 10.25% 3 years (annual interest pay I suppose) works out to 2% returns. (i.e., Investment of 2 lakhs would yield Rs.2000/- under current yield conditions). By the time these bonds get alloted if the RBI hikes rates then the returns would be still less.

Appears not very attractive. Sreedhar - your opinion pl.

current market wide positions in pfc are in excess of 106%

PFC May-2011 reduction of OI 286000 shares
PFC JUne-2011 addition of OI 32000 shares

Welcome back KK Natarajan.

if u want to check go to nseindia website then find quote of pfc fo for may series as well as june series.
By this you can know total open interest then divide this open interest with market wide limit, then you can know pfc in ban or not

milindm - You can know only at the end of the day , but it is unlikely that it should come out from fo ban .

How do we know if it has come out of FNO ban ? Can it get out of FNO ban in between the trading or we can come to know only at end of day on NSE site where they list securities in Ban Period

Thanks
Milind

IT is old and true saying that BAKRAY KI MA KAB TAK KHAR MANAYGI, govt. Nay fpo kay liya f&o ko tho ban kar kay rate 190 say nechay janay say rok liya, par fpo kay baad jab 5000 carors ka selling pracer ayga tab rate nechay janay say kaun rok pai ga.

@ milindm,

You can not go long short/long in F&O. If you initiate fresh short/long, NSE will fine u heavily.

What ever trades are happening in PFC are for squaring off the existing positions.

Short : On NSE site it shows PFC in FNO Ban

But I can still see trade happening in future for 30th June
Last Price Checked - 208

How this can be possible ? Can I short now ?

Thanks
Milind

Dear friends,
After missing you all for so many days, here I am to trouble you all over again, from my new place. Got the BSNL broadband configured only today. As I was busy with so many other things regarding settling in the new place all these days, at the present moment I feel like a student who has missed many of his lessons. It will take some time catching up.
Regarding PFC, I have bought 1 lot May futures at 203 on Sreedhar's advice. Thought of shorting and applying but no chance now.

WHAT A FOOL CONGRESS GOVERNMENT AND RBI OS MAKING OF INNOCENT INVESTORS AND RETAILERS.

FIRSTLY GOVT IS ISSUING WITH LOT OF FPOS FROM THEIR SIDE JUST TO COLLECT MONEY .LOOK AT SIZE OF PFC 5000 CRORE. THERE WILL BE DEFINTE LOSS TO SMALL RETAIL INVESTORS. IT WILL BE FOLLOSH TO APPLY, TEACH GOVT A LESSON AFTER WHAT HAPPENED WITH NHPC,NTPC,NMDC,SJVNL.

2) RBI IS HIKING INTEREST RATE AGAIN AND AGAIN TO TAME INFLATION. RBI DOES NOT EVEN HAVE COMMON SENDSE THAT INCREASING INTEREST RATE SO MUCH COULD NOT CONTROL INFLATION. IF THAT WAS CASE IN AMERICA INFLATION AND INTERST RATE BOTH ARE LOW SO NOT REALTION AT ALL.INFACT GOVT IS INCREASING PETROL RATES THAT WILL INCREASE INFLATION.IT IS LOOTING PEOPLE FROM BOTH HANDS.

TEACH GOVT A LESSON BY NOT SUBSCRIBING AS IT WILL BE UR LOSS AND GOVT GAIN. APNI AKAL LAGAO.
ONLY INDIAN MARKETS ARE GOING DOWN ALL OTHER MARKETS ARE REACHING THERE ALL TIME HIGH. SO STAY AWAY FROM ALL GOVT FPOS.

Dear All

The Final Subscription in PFC From Retail should not crossed by 1 times
because F&O already banned. Lot of people who missed the opportunity of short sell in F&O now not going to subscribe.

Tata Sons to raise Rs 250 crore via bonds

MUMBAI: Tata Sons plans to raise Rs 250 crore through three-year bonds at 10.25 per cent, a source with knowledge of the matter told media on Wednesday.

The issue will open and close on May 13, the source said. Citigroup is the sole arranger to the deal.

Source : - http://economictimes.indiatimes.com/markets/bonds/tata-sons-to-raise-rs-250-crore-via-bonds/articleshow/8238626.cms

PFC THE BIG BROKERS HAS STOPED TO BUY APPLICATIONS>>>>

Thanks to all who replied directly and indirectly.

Dear Fools brooker - Thanks for the details. I too do not deal in F&O and so I do not follow up the rates meticulously.

There is a wide gap between Cash & Futures and F&O is frozen. Interesting situation but risky for short position holders. If it is done for hedging then no need to worry.

293. sameerjaipur May 11, 2011 10:36:57 AM IST | Like | Report Abuse

sameerjaipur's - IPO Recommendations, IPO Comments, Public Profile

Dear All,
I have a lot of PFC purchased at 205.Please suggest me target price to cover it


I would like to inform the govt is buying shares of pfc is lic gic banks etc , all of them are selling reliance ,l&t, bank shares etc
while the market ie brokers are shorting in f &no segment so the price of f&no is down to rs 207 while equity is up to 218.9 up rs 10.4 and f&NO SEGMENT IS DOWN by rs 2 see the magic so wait for advice of star contibutors like VAS NAT
I DONOT DEAL IN f&NO SEGMENT hence cannot advice by equity is near rs 220 and rs 222 soon before listing today it is 218.9 maximum so our target of rs 218 is done
what else you want from us

VAS NAT
TARGET OF RS 218 DONE
HIGH 218.9

SAY SOME THINK TARGET OF RS 220 IS NEAR OF GOOD BROKER

WHAT YOU SAY WILL IT BE RS 222 BEFORE LISTING OR RS 200 BEFORE LISTING WILL I GET PROFIT IN PFC FPO