Power Finance Corporation Ltd FPO Message Board (Page 58)

dont consider anyone's advise...bcoz here all seated here selling PFC Future and they want to do down it's stock....take decision independently otherwise ready to take very big losses..

Dear members letus reduce discussion on PFC.As this is already in future,cash market.There is nothing more to expect issue price.There will be three cases.
1).Ofers at par/with 10%less to current market and subscription 1:1.
Ans : There is no exeitment then it will be like secondary market.
2).Offers at much discount to current market price.
Ans: Wait for subscription times and if it is nearly 1:1,then accordingly calculate and take short position in future market or hedge with call(selling) or put(buying) option.
3).If heavy subsription nothing to do(Rare case).

Recently made FPO tata steel was a very successful and most of the people benefited by hedgeing.

IPO/Stock Guro - PFC reaching 100? It got listed more than 100 in 2007. Your concern is understandable but lets hope there is good QIB subscription which can make the script to zoom.

Don,t forget after fpo of NMDC,ENG.india,NTPC ech.

current rate is manipulated by interested parties only for fpo, after fpo rate will certainly down upto rs.100

SKSingh

PFC appears to have formed a good bottom @ 220 and bouncing to 230 levels. If the FPO pricing is reasonable and the QIB gives a thumbs up then it could be a repeat of REC.If QIB does not support then it could well turn out to be Shipping Corp.

Strategy would be to apply in full and wait for good listing if QIB support is there or else hedge in futures/options (if QIB subscription is less).

dear friends

will the PFC issue not meet the Fate of PTS financial services issue.

lost heavily in it.

what is eps of PFC now.

what it would be post issue.

any analyst can share

what kostak in pfc?

Mr pure satta at 65: You have given an excellent Suggestion to all the Boarders to make FD with Yes Bank, avail OD facility against the FD and apply for IPOs under ASBA procedure duly blocking the amount in Overdraft A/c. Is it possible to submit IPO applications thus on-line in this method or we could apply using Cheques only on OD Account. Kindly advise

Hi guys...

Shorting a share can be done in two ways...
1. Sell the future or
2. Buy a PUT option

Selling a future needs more money as margin amount and it is more risky than option... So better to buy a PUT with very less amount (3.5*1000 = 3500/- for 220 strike price put with expiry date as 26th May)... The loss is also limited to 3500/- but profit will depend on the fall of the share price below 220 level which is very likely...

Rest you take your trading call... This is just an advice...

Thanks...

dear seenu, axis is providing OD aginst demate shares and fd. and yes bank is providing od against FD i dont know they r providing od against dp shares but u can make ASBA by OD AC and replenish your alootment amt on same day or day before to save od interest,

Dear pure satta
Thank you for your valuable information regarding ASBA aplications where DP holding can be pledged for taking exposure in IPO through AXIS and YES.Is there any other fecilities from other banks like this I want to study regarding these to open an account having maximum features.

IPO/STOCK GURD,
Sir,being the huge size of PFC like power grid and coal Inida the subscription may in reach,
We should watch upto last hour for subscription of FPO and can take decision accordingly.
I succeeded in this type through Tata steel where the subscription just double .I did short the future in tata steel at the price of 645 then both stocks and future cleared at the price of 630 on listing day getting around 500*15=7500 in future and (630-610)*450=9000 in stock i.e 16500 in total.

my dear seno agar retail may 20,25 times over ho gaya tho 2, 3 appl. May 1000 shares kaha say lay aogay. Mainay dekha tha NMDC,ENG. India ka rate jab 1/2 ho gaya tha tab bhi future walay maray thay, future may retailers ki har pakki hi chay rate bady chahay gatay.

Dear IPO/STOCK GURO
Is it true the govt is offering at 50 to 60 Rs less than that of current price of PFC future which is trading at Rs 226,with lot size of 1000 .This means selling at Rs 226000/- with 26th may expiry.
You can short the future provided if you can apply with 2 to 3 full applications if required based on the retail subscription in FPO to get full advantage of Around Rs 50000/- per one future lot.
Happy trading.

if price band more than 170 than it is very high riski fpo, after closing 30 to 50% fall in share price very easy.NMDC Pre fpo 600 after fpo 280, Eng.india pre fpo 598 after fpo 280, power grid pre fpo 125 after fpo 94,

IPO/StockGuru,

I think if the issue is priced in the Range of 160 - 175(Though I doubt this price band as generally govt fixes close to CMP) then we can get good number of shares at a throughaway price as the issue size is of more than 4000+crores.The size of the issue is given in a recent news article published in Money control.
The company is likely to raise around USD 1.2 billion through the issue by selling 22,95,53,340 equity shares. you can get the complete news from below link.
http://www.moneycontrol.com/news/ipo-upcoming-issues/pfc-follow-on-offer-to-startmay-10-sources_538368.html

price band 160 to 175

hello....everyone....
can u lpzz tell me that sanghv forgingis better or PFC is better...in which one i apply

Hello Gem IPO finder sir,
I am applying through ASBA in federal bank.(Allows upto 5 applications for one issue),but HDFC not allows even joint holder of the account. It will restrict any other person by keeping PAN No by default and which cannot be modified.

1.Is axis bank allows to cancell through a link provided for this.if so any other bank with this fecility.
2).Is there any bank which allows upto 4pm so that we can wait upto last hour with ASBA and decide.

3). Is there any other bank which good features like giving overdraft for IPOs with some conditions.

I felt you are expert in finding gems.