any person on the form knows that if there is good subcribtion we have to apply then what the use of you being expert on this form also i asked the rate will it go below rs 200 you have not answered
Fools Brooker - I am planning to apply PFC in full(as of now). Comments on PFC I have already made. If QIB support is there (12th closing for QIBs) then it is a bumper for us. Even otherwise Retail should get at least 5% profit.
POWER FINANCE FPO: OPEN 10 TO 13 MAY, PRICE BAND 193-203 (5 % Discount for Retail Investor) MKT LOT 28 SHARE MAXIMUM APPLICATION 80 SHARES of RS.198940
When fno rate 203 why QIBs suscribe same rate in fpo, if thay are real investor thay can buy it from secondary market, it is same as recent subscription Matooth fin QIBs portion 25 and HNIs portion 61 times at 175 but thay are seller below issue price upto 161, retailes be carefull this type of game.
Fools Brooker - Pl read Sreedhar's messages on recommendation to apply and to apply only 9.95% bonds. As I have informed, this reco was made by Sreedhar & GEM and I had only advocated the same. Till now I have not made any direct recommendations in this board since I feel I have still not grown to that extent. Even by miscommunication if somebody has applied in 9.75% bonds for that matter today they are not at loss.
Dear Fools Brooker - it is always healthy to have different points of view and I do appreciate your views. Lets remember that market humbles everybody and I too am only a ordinary human.
The stock has underformed Rural Electrical. Concentration of business is on Power Industry players (longer tenure of loans and higher project execution risk). Can be addedd for providing stability in portfolio in current volatile environment in once portfolio, being coming at discount around 40% of last year peak.
Look todays Business Line, think 100 times before apply in any ipo/fpo it is better to buy affter listing when evary body want to sell thare alloted shares at any rate.
I respect your advice and I think you are a real Gem to novice boarder lime me. I request you to be continue in this site and provide your valuable suggestions to people lime me.
Thanks Chem Cho ji. I am in this board for the past 5 years but definitely not an expert. I just put across my opinion to the best of my knowledge.
Fools Brooker - SBI Bond was spotted and identified by Sreedhar and was seconded by GEM which I also agreed. The trade range was clearly predicted between 10300-10400 and was advised only for N5 bonds by the 2 experts which can be seen in the past messages. I had only vehemently advocated this to the boarders and ofcourse had a huge bet of 350 bonds allocation which I had already confessed. And finally everyone benefited.
Exclusion of GEM in the Star Contributor list is a surprise. Though I have strong reservations on certain aspects, hats off to his knowledge, dedication and the contribution to the board from which I have also benefited a lot. I request GEM to remain in this board and continue his contributions.
Moderator - Pl do needful so that all the experts in the board remain intact.
Applying in low rated ipo give runaway return on listing .but applying in high rated and oversbd (dremed big) ipo give sleeples return on listing but perform well on long term.