Power Grid Corporation of India Ltd FPO Message Board (Page 91)

SREEDHAR

THE CO SAYS THAT ITS FY'11 EPS WILL GROW 25%

FY ' 11 EPS SHOULD BE 19.5 AS PER CO

I COPIED MY PREVIOUS REPORT OF EPS FROM ECONOMIC TIMES.

Sreedhar bhai i completely agree with you on sks micro finance issue.This is a grow green forest and city lemozin type company.Do not put your hard earned money in company like sks and buy state bank of india in place of this which is expanding in villages and giving soft loans to the poor people and the stock is never been in controversy like sks and never buy the companies which are in the center of attraction and controversy once i was also stuck in a script name Altanta which was in circuit everyday but when it falls it do not give me time to exit for many days.There are good corporate governance company available in the market so why you people stuck in this type of company.one should invest in the company where one should not worry about day to day prices and should sleep sound sleep for many years after buying the stock.

Sreedhar,I am still holding onto sks micro shares shud i sell them even now or is there some hope?

Is the entire business does not has any foundation? then what will happen to all indian banks who have given huge loans to MFIs? will the govt let it banks go kaput/

SahranpuriJi,
Coal India's coal is low grade & has less calorific value & hence discount to peers is Justifiable.Post listing euphoria it may settle down around 300 but after that it is a good sell becos I do not expect any growth for next 3 years.

gem does that means that eps of coal india is 20.if thats the case intrinsic value of co becomes 400 at 20 pe which is at par with NTPC N PGCIL

SJ,
After posting my message about NPAs & returning back to home I found banner headlines in today's newspapers
Women's rebellion against Micro.
Following event's happened yesterday & reported in newspaper front pages:
1)Micro agents shown brooms & sticks by loan takers & sent away by women.
2)We have paid interest on interest & now our backs are broken & we can't pay anymore.
3)From now onwards we will not bear any harassment from agents
4)They tore loan agreement papers
5)Cases lodged against several agents.
6)We do not want any more loans hence do not come

''
After that SKS informed the exchanges that it had commenced operations in AP back to normalcy as before which was shut down previously temporarily due to AP government dispute.''
You follow SKS briefing as above I will follow the ground realities.If the above statements published are not indicative of rising NPAs then I am sorry.I had already mentioned at the time of SKS listing that bubble will be pricked ,resentment is growing & someday it will attract national media attention & such rates will not continue & RBI will regulate the rates.All have come true because I am in ground zero of Microfinance & seen its growth from Infancy.You continue with your belief I thought it is my responsibility to inform all the members about the ground realities.

saharanpuriji

@245 fy'11 pe comes to 12 times.

Coal India expects profits to rise by a 25% this fiscal year, helped by rising demand, and has set aside $1.2 billion for overseas acquisitions in the year to March 2011. It is currently evaluating proposals to buy stakes in coal firms in the US, Australia and Indonesia. It reported earnings per share of 15.60 rupees for the fiscal year ended March 2010 and would be valued at 15.7 times trailing earnings at the offer price.

China's Shenhua Energy, the Indian miner's closest rival, trades at 16 times earnings, while smaller Indonesian peer Adaro Energy has a ratio of 20 times. US miner Peabody Energy trades at 25 times earnings. Local and foreign brokerages estimated that Coal India could see upside of roughly 30 percent from its IPO valuation range, given its lower earnings volatility, a large undeveloped resource base and potential to increase prices

power grid kostak rate of 1 lac and 2 lac

saharanpuriji

i m expecting listing day range of 265 - 290

i have applied to 32 full applcn

15 i have sold

17 i m keeping for listing day

i will definetly exit all my postion around 285-90

BABA SINGH

ITS DEFINETLY NOT A STOCK FOR KEEPING 1 YR, IF U CAN HOD IT FOR 3 RS THEN HOLD.

OTHERWISE EXIT THE STOCK AROUND 300 THAT U MAY GET IN 10-15 DAYS POST LISTING.

LISTING DAY EXPECTATION IS 265-290.

Lets wait for Power grid price band before deciding anything abou this issue.

This is great news as otherwise Chittorgarh was turning into a useless blog.Nice that better senses have prevailed.

This @ lacs retail limit enhancement is real bad news for retail investors a now the allotment will be even less.Further income tax department will be after your blood if u apply for more than 1 lac rs.
Will it be applicable straightaway or for cos filing new DRHP?

thanks chittorgah anonymous kaa option hatane ke liye


gem sj and sreedhar

what is the stragity

for coal india

on listing day

Shreedhar

Just bcoz i am not here since last few days doesn't give you the right to pass judgment on SKS Business model

Yes Agreed That your issues were right...about ethics...

But plz do not say that NPAs will now increase. There is no indication That NPAs will increase

Just bcoz there is protest in AP and politicians encouraging SKS borrowers not to meet their debts on time doesnt mean this is a permanent issue

It is not below issue price it closed at 1005. It went below issue price intraday and that to for few seconds

After that SKS informed the exchanges that it had commenced operations in AP back to normalcy as before which was shut down previously temporarily due to AP government dispute.

It bounced back from 890 to 935 and then to 1029. Although this is not an indication that it will not go down again today or move up

But my strategy is same add more on downside 976 925 780

And sell on upsides 1085 1156 1235 1280 1356 1435


I have not sold 1000 shares originally purchased

I just traded this good trading oppurtunity in wild intraday swings with additional 300 shares.

Hi Boarders I am back from Guwahati after a life changing experience

Although Coal India is not listed and sister marriage not over

So i will still be silent reader and post on emergency basis only

Regards

Setu (Sj)

SREEDHAR,

YES INCRESE IN RETAIL LIMIT TO 2 LACS WILL DEFINETLY HARM RETAIL INVESTORS. AS NOW MOST OF THE HNI WILL EAT THIS QUOTA'S SHARE BY APPLYING THROUGH MULTIPLE "PURCHASED DEEMAT A/CS"

GEM,
Regarding NPA's of Microfinance companies they will definitely increase as most of the loan takers have taken loan from 3-4 microfinance companies & now they have government support & political parties support against harrasment.As they have taken more loans then they can pay comfortably hence NPA's will be the most problematic area for Microfinance companies.Already SKS is trading at high valuations at 1000.

Dear GEM,
Pretty bad decision of SEBI to enhance limit to 2L.Small retail investor will be the maximum loser.Most retail Investors who apply in small quantities will never get shares.
As promised I have returned back after anonymous identity has been removed.

OHHHHHHHHHHH
ITTTTTTTTT
FINALLYYYYYYYY
HAPPENEDDDDDDDDDDDD

ANONYMOUSSSSSSSSSSSSSSS
OPTIONNNNNNNNN
HAS BEENNNNNNN
REMOVEDDDDDDDDD

NOW I WILL REQUEST SREEDHAR, SAHARANPURI, SJ TO COME BACK TO THIS SITE AGAIN.

THANK YOU CHITTORGARH

THANKS A LOT

Power grid has shown consistently its strength in performance in all the years after listing, and is showing the good growth and ruling the monopoly in this sector. As the peers if we take it as utility sector, it should trade above 20 PE multiple. and if we take 12 months trailing eps, it is 5.68, fair price should be around 113 without discounting the future growth, considering the PEG ratio of 1 with 20% growth.
because the company is consitent in its perfomance since more than three years, we can discount its future growth in its price considering 20% annualized growth in its earning. Then the eps comes around 8.18 after disconting fy11 and fy12, which results the price of around 160.
Due to FPO in line and fresh equity infusion during FPO, institutional investors are waiting to bring the prices to that level after FPO. after discounting the fresh equity, the price target after FPO will be 149, taking the discounted eps 7.43, within a month.

donot sell grey market wait 6000/ ke up hoga then sell wait for price band decler after think for apply or sell or open me apply kare