I have been a silent reader of all the posts and arguments of late and have been a regular visitor of Chittorgarh since 2007. Its only today that i felt the need to create an account and share my views.This is a platform which needs to be used to have constructive arguments and not for personal aband creating panic.
I have applied for single lot in two applications. Rational behind applying
1) There has been a 20% pull back in crude prices from $27 to $34. There are talks about production costs from OPEC and Russia to the tune of 5%. If the rumours turn out to be true then there could be a massive relief rally in equity markets worldwide 2) Business model of PCL looks robust though the issue seems to be richly valued 3) Due to low subscription figures the chances of allotment are much higher. 4) The issue may list at a max discount of 10%
On a personal note I like comments and guidance from Eagleye and Septa
560. Chem cho| Link| Bookmark|
January 30, 2016 1:27:12 PM
IPO Guru (2600+ Posts, 2700+ Likes)
status of market has changed from sell to buy , from 29 FRIDAY 16 dollar rate from high rs 68 to rs 67 .55 closed rs 67.89 on Friday , FI have pumped in money as Rs saw low of 67,55 , and waiting for an upside of 15 to 20%in Indian equity , crude is up , gold is up , all index is up , and this week will remain , some what up so become bull from bear status , thanks close all negative positions for time being , My ideas are based on market feedback , but god know how markets will react
All r saying market is weak China effect crude effect but reality is different if you look at Q3 result of nifty and sensex stock and board market has seen 9% increase in bottom line as group index this would have even better if some companies have not reported such good result the growth would have been in high teens so IMO it is time to invest With FII selling is redemption issue from sovereign funds. Japan reducing deposit rate to negative is a good sign for EM. You really cannot catch the bottom but the is there by or near so it high time to invest more in such time. With inflation staying low and RBI governor Dosa economic equity will give big returns.
Also some boarders r comparing CCD AND PCL both business model is different.
Hi all board members...i have been a slient spectator of some wonderful debates here in the forum and let me tell u that you all have contibuted a lot in increasing my sense and understanding of stock trading...thanks a lot for that. I have applied for one lot of pcl and i am planing to hold this atleast for a year irrespective of the listing price...Is this a right strategy or do i need to look for some triggers before i sell off this ...Please provide insights based on ur experience
markets are in correction zone china kai data negative hogai..budget common man kai hai corporate koi nahai acha lagai....market will tank 300 pts. In February Free advice fndssss you will remember me...cancel bid sit on cashhhh...
Tell one thing if brokerss wanted shares why will they buy from retail investors. Vo log Nii Segment ka maal lai lete...logic lagao..NII not subscribed fully means no game...broker buy karagi 4 Rs premium mai retail se jabki ...NII Quota was empty....dimag lagai...or cancel karai...sukhi jiwan bitati.. Bakai aap log kai icha...retailer toh giyooo
549. PearlRohit| Link| Bookmark|
January 30, 2016 9:57:01 AM
Top Contributor (200+ Posts, 100+ Likes)
QIB & HNI Response is Poor. But Don''t Worry. Precision Camshafts Ltd. is a Good Fundamental Company. Listing ke Bad Yahi HNI Vale Market me se Share Cover Karenge !!!
Pcl ipo get not responce from Qib & Hni Will listing discount like coffeeday. Retail investor now not stopped or cancell asba application becaof new sebi rules.
Crude oil is likely to come down and if crude goes below $26, that will have a very negative impact on the market. Maybe a good time to buy quality stocks. Analysts caution investors not to buy stocks of public sector banks, metals and power companies. Private banks, automobile companies, IT, construction companies and pharma are the preferred picks.
Expecting Indian markets to fall by 300-400 points on basis of weak Q3 numbers from US economy. May get cushioned somewhat by growth in French economy which grew at 1.1%- fastest in 4 years.
Fall would be time to accumulate TCS, infosys, HCl in IT, auro, lupin n DRL in pharma, eicher, maruti in auto, irb, jmc projects, ahuluwalia const in infra, rel pow,tata pow n suzlon in energy, beml, bhel in const n defence, all cargo, bf utilities in logistics, Bosch n ISGEC in hy engineering, mic n powermech in miscellaneous.