PTC India Financial Services Ltd IPO Message Board (Page 24)

dearipofinder, i am new to this forum but get advice from tour contacts of realisticgrey market rates you give on yhis site as jaipur is one of the strong centre of grey market activity. what is the current premium on lovable & ptc so that i may continue with lovable or stop payment for the use of fund in ptc. thanks

This govt is very greedy. They will extract more than its worth, forget leaving anything on the table. Like, some of boarders told, even if book value is 18 Rs, they will price it at 25-30 Rs per share and may give 5% discount to retail as if they are doing a great favour to generel public. Retail will go ga-ga and apply calculating GMP + retail discount * no of shares that will get allotted and apply in full blast, only to find flat listing and ending up paying brokerages to sell allocated shares. FII also have lost interest in Govt PSUs. REC 230, SCI 107, SAIL 152, not tracking NTPC; NHPC; SJVNL as they are all jUNK as they move by 50-1 Rs even if sensex is up 400 points.

vas nat, i totally agree with u as i have practically experienced it. Now before making any fresh trade, i always look back at my past mistakes and take healthy decisions. Previously, i used to forget past mistakes and end up making same mistakes again and again.

Something useful

GOLDEN TRADING RULES
As all know trading is buying and sellng stocks, options, stocks futures or commodity futures for a short time in the hope of a quick profit. But it is not as simple as looks. Almost 99% of new traders including me lost a large capital in trading. Trade without proper knowledge is just like a gambling, you can make profit once or twice but then it surely dig u. To be a success trader it need a great knowledge, experience, control over your emotions, greed and fear. There are some basic rules will help you to minimise your losses grow your capital.

1. U can never be rich by trading:- If you think so and if it is true then everyone in this world would be rich.

2. Dont take trading as your profession and put maximum of your hard money into it.

3. Trade intraday only: - As now a days market is mostly depend on global factors and no one knows where the market will go tomarrow and most important you you can sleep tension free and happly with your loving family who always wants to see you happy.

4. Trade with equal capital daily:- If you were trading with 1 lots of any stock or commodity futures from last 2 days and made profit, don't be over confident and trade with 2 or 3 lots today. If it goes in loss it will eat your whole profit from two days, although you will be in loss. it is the common habit of all new traders.

5. Don't trade forcely or be hurry in trade:- As said above dont give priority to trade. Dont think i have to make money today itself and enter the trade anytime. Wait for a right time to enter and wait for your levels, have patience. If you dont get your levels dont trade that day, It is better to end a day with no profit than a loss.

6. Trade with stoploss always: - Never ever trade without stoploss and place stoploss and target in your system not in your mind specially in commodity trading because market changes their behaviour in no time, when you comes to know, you will be in great loss already. Suppose you are in buy position in 2 lots of gold with out stoploss and you see after 15 minutes it is 400 points down then you will be in Rs. 80000 loss in no time, and i think you had seen gold moved a 1000 points in a day many times. Stoploss is also a main part of trade. Trading without stoploss is like commiting a sucide.

7. Control your emotions, greed and fear:- This factor plays a important role in trading, if you hits stoploss and in loss you want to recover it that day only and in frustration you again enter the trade in hurry with emotions and after some time you relise you had make a mistake and book another loss again. It is the nature of humans. when u feel this type of feelings in your mind just leave your computer for an hour and walk a little and just lets cool down your mind, dont put yourself in trouble again. loss is also a part of business.

8. whenever you see profit take it:- When ever you see you are near to your target book it. don;t wait for your target, or if you are trading with multi lots book 75% and hold 25% with trailing stoploss to your entering price.

9. Trade wit trend always:- Dont make buy position when market is falling and sell when market is rising, go with the trend, because trend is your friend. play against the trend is just trying ton catch a falling knife.

10. Dont follow the news or tips of TV channel:- They will confuse you. But analyse all their view and trade on your own. best to follow the supports and resistance levels and trade accordingly intraday.

11. There are so many specialist now a days giving paid service to clients, they give tips, with target and stoploss, but it also need a experience to play with them. 80% of traders also goes in loss following them. We advice not to follow them, just refer them for a time being then follow. If any one can earn lakhs from their tips then everyone would be rich without any hard work. Just think why they give you this service for just Rs.5000 per month if they can earn in Lakhs following them.

The company’s past financial performance is not encouraging. On a NW of Rs 635cr, the company earned a profit after tax Rs 25cr, for the FY10. Neither the company is in to exciting business. Just another NBFC, with the government backing, with limited expertise and financial products.

The company is significantly dependent on PTC, the Promoter, for the growth. Volatility in interest rates affects the lending and treasury operations, which could cause the net interest income to decline and adversely affect the return on assets. The debt finance business is concentrated on a few borrowers in the power sector and if any of the loans to these borrowers become non-performing, the quality of the loan portfolio may be adversely affected. Other than the discount offered, there may not be any listing gains.

AVOID SUBSCRIPTION.

Guptaji,
PTC Is not a govt company it is a private company.PFC FPO will come in May 2011

PTC india financial service Company is good
but Prize is not Expensces Its Fundamental Company
i am suggest to Good Company I am Recommad to Invest to
Good Company!
But Not Listing Gaine
Pro. By Mr.Sahid Teli and Rafik Metar
Ipo King
Witter to Soyab Madakiya

PTC indian financial service ltd FPo:
every one should apply,it is a Govt.share, so sell on listing it will come down like moil,power grid,PSB etc (except coal india)according to market on that day.it is my personal opinion.-cdkgupta

VAS nat All the commutation / permutation failed all the gestures. In fact HNI/ Retail who applied through ASBA whether fund lying in SB/ FD the effective cost would be NIL. As they are earning interest according to there need whether put there money in SB or OD through FD. Thus the cost is 205 only above that the entire is profit without having any cost to my view.

Tower - Good one. Hope the Govt of India finalises the price band at a cheaper rate.

ptc 200000 ki application kostak 3000/ byer

This is a baby of NTPC, NHPC, PFC,PWGR then how one can expect profit from such ISSUE when there parents LOOTED the public in large manner. NHPC LOSS ON one lakh 15000 ( Including finance charges of 18 months) NTPC loss around 18000( Including Fonance charges of 12 months) and we people again ready / willing to subscribe this issue where hybrid comes from Big loss makers.If this issue comes below 18/- then there is chances of good return othewise forced to place them in portfolio like NTPC NHPC/ SATLAJ/NMDC/MOIL/etc etc.

@jaman patel...allotment not declared yet...it's in process till now..wait.

ON WHICH SITE WE SEE ALLOTMENT OF SBI BOND? IT IS DECLARE OR NOT?

Can anyone tell me, Is there any discount for retail investors in PFS.

please tell me which date ongc ipo opening before some days it displayed on this but now not please tell me any.....

in my last post book value of Rs. 12 is before ipo money if we consider that co would raise 300 crores through ipo then book value will be Rs.18.......

so the expected price band may be 23-28 in my eyes looking atrevised book value

here is quick look at the financial of ptc........

Formed in 2008-09 for providing equity support to power projects in the country, the company also invests in renewable energy projects including wind farms and biomass projects.

According to market sources, the company could raise between Rs 500-800 crore through the IPO.

for the 9 months ending dec '10 co did net profit of Rs.31.2 crores....
net worth for the 9 months ending dec '10 is Rs 664.45 crores...
no of eq. shares post ipo is 56.2 crores...

so if we annualised its nos fy'11 eps could be 40/56 = 0.70 paisa, book value 675/56 = Rs. 12

the co did not paid any dividend since its inception...

the co gave indicative price band of Rs.30+ since it wants to raise 600 crores by selling 15.67 crores shares....

conclusion:

any price above 20 is highly overpriced.........at that price it will command a pe of 28 times....

it will be similar to IDFC upto certain extent in valution term which trades at a pe of 18 times, price to book 2.23 times...

so @ idfc valuation ptc should come at for less than 20

IS THERE ANY DISCOUNT TO RETAIL INVESTOR IN PTC INDIA FINANCIAL IPO.
PLEASE ANSWER ME.

Dear SK Dash,
First rule is never trade in faltu stocks.Only god knows which direction they will take.There are no Technicals & Fundamentals in such stocks & they can go anywhere.Please avoid trading in them next time.One more thing most of those who applied in Fineotex & Sudar will face crippling loss in another Issue becos blindly applying for such Issues will even out & with all charges & brokerages they will face loss.