Power Finance Corporation Ltd FPO Message Board (Page 56)

ONGC futures trades Re.1 higher than cash market. I think enough short is not yet made.

Chem Cho ji

PFC Price band is announced. It has run from 210 to 216 in the last hour of trade today and Futures trading Rs.7 - Rs.8 lesser than cash market. Will the price hold till FPO shares come into market?

I have told to all of my friend regarding the PFC FPO.

Everyone told that "Khabardar yadi aaj ke baad kabhi IPO/FPO ka naam liya to.... rather than we can do charity or donation but will not give our hard earned money to these peoples, merchant bankers, registrars, SEBI, politicians" This Muthoot has done all these way to think 1000 times before applying any IPO/FPO.

State-run Power Finance Corporation (PFC) has set a price band Rs 193-203 per share for it follow-on public issue, report CNBC-TV18. The company aims to raise 15% fresh equity via its FPO which will open on May 10, 2011.

Empowered Group of Ministers (EGOM) on PFC FPO has concluded.

The government plans to divest 5% stake in PFC.

They may ask retailers to give more 5% on discovery price so that there may be more and more losses to investors as it was small losses in NHPC, NTPC, NMDC, SCI to retailers etc.

any discount in retail?

price band 193 to 203

ONGC

FPO OPENS 5 JULY 2011 8 JULY 2011

NEWS IN CAPITAL MARKET IPO CENTRE

Empowered group of ministers (eGoM) headed by finance minister will meet on Friday to decide on the price band for the follow on public offer (FPO) of Power Finance Corporation. The FPO for PFC will open on May 10.
Price band for PFC FPO to be decided today

While the offer for qualified institutional buyers will close on May 12, for retail investors, it will close on May 13.

PFC provides financing to the power sector in India. The share sale is expected to mop up around Rs 6,000 crore. The government will divest 5 per cent of its equity and issue 15 per cent fresh equity.

only 3% ipo fpo above rate and 97 % below rate.

Jara sambhal kay apply karna full allotment hoga.

Current rate is only manipulated by govt. After fpo rate is 140, look after fpo rate of NMDC,SHIPING CO.,NTPC, and after ipo rate of psus NHPC,SJVNL,PTF.

ONGC

PEOPLE AND TRADERS HAVE SHORTED THE SHARE AT 312 TO RS 314

LOOK OUT

CASE STUDY STARTS

retailers ko 5 to 10% ka discount milayga ,jo apply nahi karayga listing kay baad usko 10 to 30% ka discount alag say milayga.

Pfc chalu varsh no 1 issue.,
equity 10% bahar che... Jamathi 3.50 % FII 3.50% dii baki 3 % retail ......... So don't hurry to sell inFUTURE may be next rec... Full allotment and 10%

In past we r know that any fpo we dont get good return so possibly seel application in grey market.

REC WHICH HAD BETTER FINANCIALS THAN PFC BROUGHT FPO @ 203, 6 MONTHS BACK , SO I M EXPECTING PFC FPO PRICE BAND CLOSURE TO 200 AS A BETTER CO CAME AT LOW PRICE.

kus folish 220 fpo rate bata rahay thay, rate chal raha hi 213

vas net...agreed wid u..

IF ONE COMPARES IT WITH REC, THEN PFC PRICE BAND SHOULD BE BELOW 200.........

BASED ON NEW DILUTION OF EQUITY SHARES

Its riskier to take short position at these levels. Announcement of price band / QIBs entering could reverse the trend sharply. It is only Wait & Watch now.

POWER FINANCE CORPORATION LTD FPO

TODAY PFC HAS BROKEN LOW OF RS 217 TO 214.2 AND CLOSED AT RS 214.9 IF IT BREAKS RS 210 LEVEL LIKELY TO GO BELOW RS 200 LETS WAIT AN WATCH BUT WE ARE AT THE LOW HENCE WHEN WE GET SHARES IN HAND FROM FPO WE SHOULD HAVE LISTING GAINS I HOPE

GOOD LISTING ON FRIDAY 6/5/11