Despite all the wrong comments from MK JAIN one he said that NII portion not fully subscribe why brokers pay primum for this ipo if they interested they apply directly.
Dear guys, All of us putting only their own views.. no one knows what going to happen.. its our money .. so be cool.. if u like accept anyone view''s otherwise ignore... let see on listing day.. now v move on to teamlease
Let''s hope for everyone''s sake who have applied that this IPO should list in positive. Maybe beyond 250/ 300 also. But I will not rumor monger nor would I''ll advise anyone. No one here is my enemy. N I want best for everyone. I don''t care if people follow or not but I will keep putting my views as I deem fit. N I m neither afraid of criticism. But criticism should be within limits and not cross limits of decency. Otherwise I will pounce like a wolf with sharpest attack. People know what I mean.
As I said earlier PCL is a good company but has come out with the issue at the wrong time. If it would have been in Dec 2015, I would have recommended buy at current subscription level and myself would have done so. But not in today''s environment. I would rather wait n watch and advise others also to do so. Those who have applied should not lose money. That''s my wish for them. But if they get a chance they should book profit and come out. I m sire this will be down below issue price in a week. Best of luck yo all.
People may belong to cities like Delhi, Kolkata or madras or to a small village in Chattisgarh but economy cannot be looked through a narrow window of short term gains and loss. Macro view has to be taken for which first knowledge should be there. Just becasomething has happened in a week doesn''t change Indian or world economy.
For those who have been saying there is a pull back to the tune of 20% in crude- let''s not be too optimistic. First of all OPEC is not the only player. OPEC members like Iran n Iraq would increase their production to capture market share. US oil shale output will always be there. Low industrial growth and manufacturing in China would continue to haunt the markets and with it drag the equity markets around the world down. Plus Chinese devaluation of Yuan would lead to increased currency war and Rs might slip below 70 also. So the capital and stock markets do not look good for short to medium term.
Now for those who r saying panic is being created. U have applied n that''s why u think so. People have the right to know what''s going on. Its for them to decide to apply or not by taking a uniformed view of all recommendations and suggestions. Its ur and their money. No one is forcing anyone to apply or avoid.
Also u can not view 2 issues in the same light. Every issue has its positives and negatives. Comparing Powermech and PCL subscription was always wrong. Powermech was always long term play. See the returns it would have given u if u were smart enough. PCL has come out in a time when equity markets are tethering from one crisis to another. So issue subscription greatly matters in such a case.
It''s really hard for people to understand simple things. I never compared two issues. I just compared the subscription figures. Why the hell the issue would be oversubscribed if it was a long term play. I don''t need to open all the cards to show the smartness. I know you will still post after reading this.
Who was talking abt u Magnetic? I have not seen ur comments except now. I was talking about someone else from big cities. Font mind. N I respect ur take. Ur decision.
U probably commented on post of Amit Bhatia n that''s me only. I changed my display name. I thought u will make out. Let''s not argue any further. Happy Investing.
Hi Guys, this is Amit from New Delhi. I could not stop myself from registering n posting the message. I m a regular visitor at this portal. I m sad to see the post from few guys who always try to create panic. Some say so strongly without corroborating with facts. With regard to PCL ipo, I have applied 8 applications. With the kind of subscription that is seen, it appears that it may not see a good listing. However, my gut feeling says that it may give a surprise as well. Going forward it will rise on account of various factors. In the past I have seen cases where inspite of excellent subscription, the issue slipped below the ipo price. Recent example is Powermech. Another case where subscription was poor but the issue had a stellar listing. Example is Narayana Hrudayala. Markets have a tendency to surprise always. I still feel PCL should lists positive and reward the investors. Even if it lists at a discount, no need to panic, the future prospects seems pretty bright. Cheers....
Eagle eye ji,thanks for your matured guide & coment at chittargrah,many are follow your activity on ipo market,i know you ar apply psl .if list negative then what would be your road...wait or quit ?
567.1. Eagleye| Link| Bookmark|
January 30, 2016 2:57:18 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Let us discuss future strategy after it lists ... or else it will become merely a hypothetical debate ...
Kindly clarify me this... I have demat account with ICICI and there I can subscribe for an IPO of maximum 200000 Rs. I also have an SBI account where ASBA is supported, now there can I add my wife PAN and link to my same ICICI demat(DP ID and Client ID) and apply for another 20000 Rs? Is there any other possibility to subscribe for more number of lots like this?