Precision Camshafts Ltd IPO Message Board (Page 10)

China, Hong kong, Taiwan, South Korea, Malaysia, Philippines, Vietnam & Singapore ...
Are Closed Today for "Chinese New Year" Holidays

UNITY...HAHA .. IF U UNITE IT WILL DISCOUNT MORE....more....MORE

Dear friends, I don''t have much experience in market.But if you go back to history even though the market leaders were listed @ discount,gradually it emerge as MULTIBAGGERS. eg- page ind listed@25%discount to issue price.
V-guard -7%
NBCC-9% But now they are 10-35times from its issue price.. So,don''t worry & don''t panic.If it list @premium,I will be happy . If it lists @discount ,I will accumulate @lower level as mentioned by Rajeev sir ....So , nothing to worry.....

In PCL their is highest subscription in Retail Category, So if retailer keep unity among themselves and dont sell below issue price, then PCL will not list at discount !

Its time to show our(Retailer) strenght to all gambler & Speculator.

Let''''s show the power of Common man.

I agree

Good morning, lets discuss about today''s movement of PCL. Pls share your opinion to all the follower.

As everyone has same view that it is a sound company and in long term it will give good return.
But who applied for listing gain what will be today''s strategy. Let''s discuss about it.

Asian markets down by 0.5 to 1.0% in early trade.

Means- Indian markets may open in -ve down 150 points. May remain flat through out the day and close 200 to 250 points down.

What it means for PCL- Although IPOs may defy market sentiments but however PCL doesn''t seem to fall in that category. May list at discount taking present market GMP. However, if it opens in positive, hold n wait. If it starts moving down keep strict stop loss of 5% and exit. Accumulate at lower levels of 160. Best of luck n god speed.

China closed Monday to Friday inclusive
Hong Kong closed Monday to Wednesday inclusive
Singapore closed Monday and Tuesday

U are correct eagleye. I didn''t see the dates. Just saw figures.

GMPs Rs. Discount Rs 12
Seems retailers are trap! Will now loose money.
Lets hope for best.
Junk of Retailers apply for listing gain.

GM early bird like me.... end of the day market is always right...... best of luck

This IPO open 200 rupees

Precision discount confirm

I am ready to buy at 186

Please provide email
I can give you 3000 shares @183

Precision Camshafts limited revenues have grown by 17% CAGR in last 5 years. It is a virtual monopoly and niche player in business segment it operates. It holds long term orders from top global auto giants. It also generates healthy margins of over 12% in last 18 months. While this is one of the best ipo to bet for long term.,
I would like to invest in such ipo. Incase the listing price slipping during market volatility , i would add some more to my kitty to hold for short to long term

@wat price PCL shoul be sell tomorrow.....??

I Think it willbe a Dark Horse ....listing 195-205

Negative report about PCL seem to be misleading. I would cross 200 by evng. Should it not

Don''t sell even if it lists lower than issue price. It will rise soon. Good company with major share in its sector. Itz a dark horse n will reward investors.

Best of luck to all allotees fot tomorrows listing of PCL. GMP is -10. But hope it lists in positive.

Rajiv k singh qustion is as same as tushar.ans me plz.

What is the question?

ready for discount in PCL?

PCL DISCAUNT HOTA HE TO JEN LOGO NE APLAY KIYA HE VO SAB 1 LOT OR LE LO 220+++ 100% HOGA :)

Pcl list around 180-182

Grey market -15

No expert here to predict pcl .I think its range would be 165 to 182 tomorrow

Becaof oversubscription, do you think the price will fall?

I don''''t find any merit in all sorts of speculation in listing of PCL.

Listing will be around 5% above GMP provided there is active trading in grey market & GMP reported is accurate.

I would request those members who see actual transactions taking place to post the GMP from time to time. The place where such transaction & the date & time of transaction may also be mentioned

Hearsay GMP may give misleading position so please do not report such GMP

I trust Eagle Eye reports at present. Others may also post after observing as above.

Please post latest GMP of PCL