Power Finance Corporation Ltd FPO Message Board (Page 47)

Those who have bought PFC in cash.Enjoy.It may easily cross 220 & may soon reach 230 2 -3 after ipo.I had bought in both cash & future on the price announcement day.Hope to sell above 225.yesterday 80 percent of the shares were marked for delivery which is great so latent demand is there .2.6 Cr shares have been shorted net in F&O.If it subscribed well then there should be good short covering.

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

POWER FINANCE FPO

WHAT IS EXPECT SUBCRIPTION IN RETAIL SEGMENT !

ANY BODY TELL US.

VAS NAT
ARE YOU WATCHING WHAT GOOD BROKER IS SAYING PRICE NOW 216.9

WHAT YOU WANT TO SAY WILL RS 220 BE SOON

I SAY TODAY WILL BE 217.5 OR ON 12 MAY 2011

POWER FINANCE CORPORATION

READ THIS PAGE OF ONE ANALIST

FOR SELL TARGET HE HAS GONE TO HOLD

QUICK VIEW 215.00 170.4k [214.20 +0.80 (+0.37%)] HOLD

FIRST TARGET OF RS 215 AGHIVED
WAIT FOR THE SECOND TARGET OF RS 220 BEFORE LISTING SOON
MARKET STILL DOWN TODAY AT 5533 AND SENSEX 18495

238. GOOD BROKER May 10, 2011 1:04:32 PM IST | Like | Report Abuse

GOOD BROKER's - IPO Recommendations, IPO Comments, Public Profile

POWER FINANCE Corporation ltd

check willams %r of pfc it is pointing up ward
ACCUMULATION/DISTRIBUTION IS POINTING UP WARDS
CHAIKIN OSCILLATORS IS POINTING UP WARDS
ENVELOPE IS RS 220 TO RS 248
MEDIAN PRICE DOWN
MOMEMTUM UP SIDE
MOVING AVERAGE Down
performance slightly down
price ROC UP
PRICE VOLUME TREND DOWN
RELATIVE STRENGH DOWN
VOLUME HAS INCREASED
VOLUME OSSILATOR UP


PRICE RS 213.2 AND FUTURE RS 208.5

WHAT DO EXPERTS WANT TO SAY ABOUT IT

SHORT FUTURE OR NOT
I SAY DONOT SHORT ANY THING
TARGET PRICE RS 215 TO RS 220

HOW CAN YOU SAY GUPTA WAS CORRECT PEOPLE HAVE EARNED RS 1800 TO RS 1500 IN MUTHOOT IPO
ABOUT VAS NAT I AM STILL NOT HAPPY WITH HIS COMMENT HE IS STILL NEW AND ONLY WRITE WHAT SHEEDHAR AND CHEMCHO. GANE, RAVI BANGALORE ,SAYS HE TRIES TO COPY THEM SOME WHERE OR THE OTHER

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

Chittorgarh Moderater, I request you to include M.GUPTA in star list as he was the one who asked us not to apply in MUTHOOT and he was very much correct.


Relatively new boarder VAS NAT has also shown very good knowledge on this subject. VAS NAT'S knowledge is very good and I think he deserves to be star boarder of this forum. But I will request him not to use any bad words for any one on this forum, once he becomes popular.

fno me ban kab tak rahega? pls discuss.

283 agadarsh

since you have sold in your name it is taxable in your account but you should have sold in his name and enjoy if his income is less than 160000 now seems to be 180000 but he will have to file tax return check with tax consultant

Power Finance: Selling the Family Silver At Distress Price

Akin to the Telecom spectrum sold over the last decade in a most
un-transparent manner, the GOI in a far-fetched ideal view is knocking off
family silver at atrocious price. If investors were to look up the fate of
GOI FPOs in the past 12 months, they would note that beside the exceptional
case of Coal India every IPO has ultimately lost money for the Retail
investors. So is it necessary to involve them in the first place?

I think not. For starters the moment a FPO is announced the existing holders
of the stock knock it off the pedestal. Price declines in the case of SCI,
REC, SAIL and PFC have been closer to 50 per cent post announcement and
become larger post the FPO. Only six months ago both PFC and REC were
quoting at roughly at Rs 400 and now they are halve the price and the GOI is
still going ahead with the PFC IPO.

On a 10-20 per cent dilution in a Rs 40,000 crore market cap corporation the
GOI receives sale proceeds lower by roughly Rs 2000 crore in each IPO. So is
there a basic fallacy in this process?

For some reasons understood by the various ministeries involved the "Dutch
Auctions" have been given up. But why give up the QIP route that targets
both the FIIs/DIIs and MFs. Has it not been a much avowed policy in this
country that retail should come to capital markets through the MF route?
Then whey chide away the QIPs for FPOs-here there is no question of a price
discovery as existing shares are already quoting, so if a QII is ready to
pay market price then why not?

With a GOI divestment programme of Rs 400 bn for FY12, this disastorous GOI
policy will cost the country and the public close to Rs 200 bn. Yes, you got
it right-Rs 200 bn. An amount perhaps as large as some saner estimates of
the 2G give away. So who will go in the next time? The PM or the entire
Parliament?

Dear All
I applied from my account (ASBA) in the name of other person, The shares were alloted to him and i got it transferred offline and sold it in my account through my broker.

Whether Short term capital gain will be taxable in other person's hand or in my hand.
Thanks in advance.
Agadarsh

dear financialanalyst,

i am applying by ASBA since NHPC IPO.i have online(by netbanking)applied in IPO'S through axis OD against my DP Shares in past and u can contact AXIS for more details,provided that u should have login ID and password for your account. suppose u have OD limit of 1.5lac and u want to apply for 2lac u have to put your 50k money in ur OD account but you want get any interest on OD ammount. and if allotment is of 50k u want have to pay any inerest as 50k is your money which is added to OD.but it is smartest way to utilise FD and DP shares.enjoy it.

To 280 and M. Gupta : muthoot was a good ipo not a bad ipo, and gave ok return if you have sold at listing day.

Chittorgarh Moderater, I request you to include M.GUPTA in star list as he was the one who asked us not to apply in MUTHOOT and he was very much correct.

Relatively new boarder VAS NAT has also shown very good knowledge on this subject. VAS NAT'S knowledge is very good and I think he deserves to be star boarder of this forum. But I will request him not to use any bad words for any one on this forum, once he becomes popular.

S P Tulsiyan:

The FPO price band offers less cushion against the volatile stock price, given Monday’s closing price of PFC at Rs. 211, but retail investors do have a small margin potential to earn about Rs. 10 to Rs. 15 per share, as listing gains, net-of-discount. However, for HNIs, this FPO does not hold any promise in the near term, but must have a longer horizon of 3 to 6 months, wherein it may reward, as happened in the case of REC FPO in the past. Since PFC’s public float will rise substantially post this FPO, near term downward pressure on stock price is imminent. Moreover investors’ apathy for power stocks and hardening interest rates in the near term are seen some concern for the stock.

Thus, the FPO is attractive only from the medium term point of view, as current share price near its 52 week low, without much excitement on listing gains for HNIs, while a nominal single digit listing gain may accrue to retail investors, thanks to the 5% discount offered to them.

277. financial analysit:

In SBI OD limit is blocked to the extent of share application money. No interest debit whatsover. However obviously when allotment money is debited to OD a/c. interest is recovered on the debit balance and the end of the month. I am regular user of this facility with SBI. It is quite investor friendly and hasle free !

Dear Experts,

One query on using ASBA under Over Draft account, can we apply through ASBA directly under the OD account or the amount needs to be transferred to the saving account ?

If it can be applied directly under the OD account then their should not be any interest charged as the amount lien is present in the OD account, one of my friend told it is possible under SBI but when I enquired with KVB they said the amount needs to be transferred to the savings account,you cannot apply directly through the OD account

Those who have encountered such situation please advice,

Thanks.

Market-wide Position Limit in PFC FO

YANI NO NEW TRADE ALLOW IN PFC FO

ONLY COVERING (OLD TRADE)

Sreedhar, gem
I am planning to go for two applications, and I have not shorted in futures...whats your thought, how much over subscription are you expecting.

Comments 225.M Gupta, 228 & 237 Madhur Kotharay - Useful info on multiple bids. Thanks