Precision Camshafts Ltd IPO Message Board (Page 24)

I m not Eagle eye or Septa but I will comment. Indigo was private earlier n they could do what they wanted between private shareholders. But once its public such dividents can''t be paid. If u get 20% dividend post issue it will be gr8. I doubt we will ever get that. However, keep the stock for long term perspective of 5-10 yrs. That''s where real value addition would take place.

Rajeev Kumar sir, Thankyou for your valuable piece of advice.....Thanks a lot... But sir, even though it''s a public, 86% stake is held by promoters....

But its public now. That''s what matters. They have to follow rules.

I would agree with Rajeev ... The generosity the Management practised while they were closely held will not be the same as a listed public entity

You applied in PCL or not

I have applied Hope for the best

Yes Hari,
I have applied ... my money is where my mouth is ...

I will exit ... post March''16 Results ... or @250 whichever is earlier ...

Eagleye. What is price of pcl in opening red or green

There is a panic in the grey market ... so they obviously expect it to open in the RED ...

However, even if it does open slightly negative ... I believe that the fundamentals are robust ... which will be evident in their Q4 numbers .... and hence it ought to reward investors in the medium term ...

Eeye,then one can by on listing....if available...under IPO price...yr opinion please...

if this list at discount which IMO and according to GMP will be then all those recent IPO with worse fundamental will also need to drop in price if not in short term but medium to long term so if u hold any iPO which u setting on good gains pls atlas book some profit....

Hello Sir, Good to see you here ...

Well, I have applied in the IPO, hence my opinion is bound to be biased ... since I believe it is a good value @186 ... I will naturally consider it to be a better value at any price below that ... more so, as I have no fresh inputs to change my stance ...

As I have said earlier, I shall wait for the March''16 numbers or mkt price of 250 (whichever earlier)

Septa sir,

just to bring to your notice, TeamLease GMP continues to rule @250 ... inspite of PCL GMP dropping sub-zero

Egeleye how much downside u predict in opening day

Eeye,Thanks for reply. I m also +ve abt this PCL...IPO....don''t no y panic is created in grey MKT.that may effect on listing day...after that DUST will settle.....This is what I think.....p.s.I HV applied...I never sell in Grey...

If there were any suggestion that the fears that have gripped stock markets since the start of 2016 were the isolated stuff of paranoid financial investors, that evaporated with Friday''s shocking meeting of the Bank of Japan.

Before the European Central Bank''s own January meeting a week ago, the assumption of many watchers was that the world''s big central banks would try their best to reestablish calm by doing little to tweak their current stances.

Instead, first the ECB''s Mario Draghi and now the BoJ''s Haruhiko Kuroda, stunning economists by cutting interest rates into negative territory on Friday, have sent the clearest of signals that the global economy is again nearing the brink.

Three of the big U.S. banks - Morgan Stanley, Bank of America and Citi - all warned this week that the risks of a global recession before the end of 2016 were rising.

"We’re only one month into the year and two of the major central banks have already surprised markets," said Nick Gartside from J.P. Morgan''s AsManagement arm.

"Both banks are reacting to economic reality. Growth and inflation are meaningfully undershooting targets and more stimulus is needed to get both higher."

This month trails only marginally behind the post-crisis mess of 2009 as the worst start to a year for U.S. and global stocks in decades hedge funds are beginning to bet on a large currency devaluation by China and, even with a recovery this week, oil has reached $30 a barrel.

Yet that all comes just weeks after the U.S. Federal Reserve felt bullish enough about its domestic economy to raise interest rates for the first time in almost a decade.

A raft of economic numbers in the first week of February, culminating in next Friday''s U.S. jobs numbers, should put more skin on those bones, as may the Bank of England''s quarterly inflation report on Thursday.

"Our impression is that, rather than dismissing recent developments as transitory, authorities seem rattled and uncertain," economists from France''s BNP Paribas said in a weekly briefing note.

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CHINESE NEW YEAR

The week begins with a bang with PMI sentiment numbers out of China, a major leading indicator and the first one of substance from the world''s second biggest economy in almost two weeks.

The turmoil on China''s stock markets at the turn of the year was one trigger for the broader global sell-off and Shanghai shares have continued to slide in the past week in contrast to greater stability elsewhere.

Beijing will look to the Lunar New Year at the end of the week for some breathing space in its efforts to head off more pressure on the yuan and with it the immediate threat of a round of corporate debt defaults that economists rate at the top of a pile of global financial risks.

A series of official communiques warned speculators off the yuan this week, although pricing suggests that hedge funds - whether or not they include Hungarian financier George Soros - have only added to bets it will move.

Beijing has held the yuan steady against the dollar for two weeks and taken a series of steps to stop capital from leaving the country. But it still faces an essential conundrum of how to deflate a huge bubble of excess borrowing and money supply that consumers and companies want to send abroad.

"If the Chinese felt this situation was out of control, they would do more," said Mark Farrington, portfolio manager at hedge fund Macro Currency Group in London.

CRUDELY

The other big floating factor is oil.

Oil prices have been helped by some signs that OPEC lynchpin Saudi Arabia and other mainstays of that group of producing countries may be ready to talk more on managing output.

But Russian Deputy Prime Minister Arkady Dvorkovich, sounded a more measured tone at a news briefing in Moscow on Friday.

Barclays and other market analysts cast doubt on the chances of a swift rapprochement between producers, whose excess of output over supply has driven the value of some U.S. produced crude grades to near zero.

"There is a vast difference between a meeting to exchange views on the state of the markets and a meeting to agree on a cut," Barclays Head of Energy Commodities Research Michael Cohen wrote on Friday.

"We see this as nothing more than an attempt to shift market sentiment, and we do not expect that it will change the physical market imbalance."

http://mobile.reuters.com/article/idUSKCN0V722C

i also have the same setting all my accounts r joint bank account but linked individual demat account (single) did not have issue got the online form from NSE website with details DP PAN and account which is to blocked auto filled (NSE one time registration) just click and print on the issue u want to apply then called my relationship manager to pick the forms he did upfrom his side when the issue closed i got SMS from NSE... but i only but SMS for 6 application and two pending called RM he said they have uploaded and send the confirmation via EMAIL ..... btw form need sign of demat holder and account holder whose account will be blocked

before my broker allowed IPOs but this t6 he could not process the application so this was his advice however now i am going to move to three in one demat account for IPOS i already have three in one demat for my family but they all joined.... so now i want them in individual

dear CLD YOU CAN APPLY IN YOUR ALL 5 DIFFERENT DEMAT ACCOUNTS, PROVIDED THEY HAVE DIFFERENT FIRST ACCOUNT HOLDER AND DIFFERENT PAN Nos.

I could some what understood your problem
you can apply through HDFC bank for 5 demat accounts and sign D or A you have to mention the account number of D OR A and D or A SHOULD SIGN ON THE SIGNATURE PROVIDED IN column PAY THE AMOUNT, I was doing it ,
YOUR APPLICATION IS TO SEND BY BROKER TO HDFC BANK
more over bank wants money from which account is not important but not more that 5 application for one HDFC bank name , if there is enquiry from income tax department for A then A will have to give reply why money was given to BC DE etc

Yes u can apply for the ipo.. 5 application can be done thriugh 1 saving account