They say they have revised their target from Rs.83 to Rs.91 after the half yearly results. They share was quoting at Rs.100+ even when they had their target at Rs.83. They have always been pessimistic on this stock.
Since we have a contrary -ve view a lot more analysis is required.
power grid ke unche tower share price ko uncha nahi le ja payenge so thinking is to avoid this fpo becouse this is listed stock on nse and bse and did nothing in last one year so what is guarantee that this may go up after fpo i think this will also perform as nmdc. _____________________________________________ any one want to subscribe he should take in mind that he is only take profit of 5% retail discount or price may go down to listing price becouse of its large size it is not perform as coal india becouse it has not a rating of 5 and large cash balance on its balance sheat and also such a large profit so avoid ..................................................... or apply at lower end or see QIB portion how much subscibed this will give a idea that it hold its issue price or go below it thanks _____________________________________ BE WARE OF GOVERNMENT IT IS GOVERNMENT TRAP TO TRAP RETAIL INVESTOR BECOUSE THEY ARE SO EXITED AFTER COAL INDIA IPO ____________________________________________ BE SMART DONT APPLY IN THIS FPO AVOID AVOID AVOID..................... OR APPLY AT LOWER END BOOK PROFIT ON LISTING DAY OR USE STOPLOSS TO PROTECT YOUR CAPITAL GOOD LUCK
Samir Arora on CNBC today was not very positive on POwer grid FPO due to following reasons 1)It being a FPO price is already discovered 2)Its already available in secondary at a small premium of 4-5 % 3)FIIs will not take a bet on currency for small premium as the gain can be easily wiped out due to currency movements. 4)PGCIL operating in a regulated return environment of 15 odd % 5)Poor execution ability of power PSUs like NHPC,NTPC,PGCIL under not that impressive power minister n bureaucrats
Thank you Ali bhai, As usual you are 1st one to tell us about"upcoming ipo" Keep it up buddy your good work. I wanted to go outstation & waiting for information on "MOIL",now i can plan trip accodingly Thanks a ton milinds
Thank you arti, For your data & detail anlysis on "US EMPLOYMENT". You are 1st boarder to throw light on this subject in simple words which is highly apperciated!! Keep it up Arti. there very few boarders left on chittorgarh which are helping general public Thanks once again looking forward for more input from you Milinds
Max. amt. which can be applied=Rs.198900/- (i.e) Rs.90/-x 65-shares x 34-lots. The max. amt. for a retail bidder has been raised from 1-lakh to 2-lakh and the notification has been issued by SEBI recently.
Power Grid, In continuation with my previous post of Power grid. As the Price fixed at 90Rs (85.5 for retail) , I think it is a good opportunity to get into the stock at 85.5 at any yardstick you have. This stock is not for listing gain. Prices are all ready discovered. You can get listing gain when the prices are not known to both parties. Do not see at the present price of the company now, see the company future, earning , management and expansion program etc. Keep at least 6 to 12 month target for the this company. In my opinion the issue will be oversubscribed by around 2.5 to 3.5 times. In that case the retail will get 300-400 shares. If you can hold this stock ( investment of about 25000 to 35000) then I am sure that you will be able to get at least 25-35% return on your investment.( 6-12 month horizon)
Minimum lot is 65*90= 5850 & max is 1105*90 = 99450. Powergrid FPO is profit making machine. It gonna give 7000/- profit on full application as per my calculation. Coz the allotment part is crucial...coz of its heavy equity. It will subscribe 3 times around in reail category. LETS SEE.....
Whats your say about powergrid? today the price has gone to 98.
Srini, are you going for powergrid?"
I think we can make the final decision after seeing the QIB response. But I just would like to have initial information. All the brokers are again bullish on this fpo.