Precision Camshafts Ltd IPO Message Board (Page 28)

No Sir,
Listing is on Monday, 08th February

so 197.15-5% discount will get? if yes then still it is good price as it comes out to 187.30. In a month if it manage to move by 5 Rs up then I think good bet.. Isn''t?

Yes you may make money but surprising to note so many price bids (at very high price points - 10 to 15% premium over current trading price) in retail category...

Sir,eil ofs ka allotment ka pata kyese chalega?

Applied 100 shares @189.Money got debited.How much will be allotted?

i have applied

I have not applied. The NII subscription till 1512 was 0.12. So decided to skip. Although NII portion got subscribed by half way later but I have no regrets. My analysis of this IPO
a) The company is good.
b) But has slight corporate governance issues.
c) The Indian market is in a state of flux due to reasons beyond its control.
d) FIIs are pulling out money on basis of increasing fed rates and China jitters.
e) The breaking of BRICS as an entity to lead world growth.
f) Falling crude prices.
g) FIIs wanting to make safe the returns that they have got till date in emerging markets till date since 2008/11, ice, basically flight to safety.
Therefore, in the background of all these developments, it is possible that the stock may list at a very slight premium of 5-6 rupees which is not worth. Chances of it listing at a discount is 50-50 but I personally believe that it will not list at a discount. However, it may fall below issue price after listing which then would be better opportunity to invest.

Raja Rajasthani don''t get disappointed if not applied. I assure u that u would get it at 175 within a week of listing. For those who have applied best of luck. Take ur chances and take home the profit who are there for short term or listing gains only. Best of luck.

For 175 read 165. By mistake wrote 175.

That''s becaI''m star@ rajeev.....

Wish you a positive listing septa sir.....

Rajeev Kumar Singh Sir,

All your 7 reasons a) to g) are very good points ...

However, I have not understood your point b) ... about "slight Corporate governance issues" ... may you please elaborate?

Further, all the 5 other points (c to g) are broad issues ... which are not likely to change in the next 1 week ... so does it therefore imply that you will also not be participating in the Teamlease IPO?

Thx in advance