Punjab & Sind Bank IPO Message Board (Page 2)

Hi,

I did not get back my balance amount in my bank account. Please let me suggest wht should i do in that case. As all of my friends got their money refund in their accounts.

South based media & entertainment company Midvalley Entertainment (MVEL) will be launching its Rs 60 crore initial public offering (IPO) on January 10, 2011.
The issue will close for subscription on January 11. The price band and minimum bid lot will be announced soon.

It is a film production, distribution and exhibition company, actively engaged in the media and entertainment industry in South India. It has presence in the media and entertainment activity from concept to completion i.e. from script to screen. It produces, distribute and exhibit movies both in Indian and foreign languages.
Issue proceeds are proposed to be utilised for entering into screening agreements with 300 cinema theatres; renovation and up-gradation of cinema infrastructure with digital equipment and other related assets for a select 100 screens; and acquisition of company, acquisition of screening rights of company having similar line, range and objects of business.
Current promoters Unigold Pacific, Kiara Enigma and Global Motion Pictures & Ventures Pte Ltd hold 18.96%, 8.62% and 21.88% stake respectively in the company.
Equity shares are proposed to be listed on Bombay Stock Exchange.
Aryaman Financial Services limited is the book running lead manager to issue.

Deal Date      Scrip Code      Scrip Name      Client Name      Deal Type *      Quantity      Price
30/12/2010      533295      PUNJABNSIND      CROSSEAS CAPITAL SERVICES PRIVATE LIMITED      B      2135421      131.15
30/12/2010      533295      PUNJABNSIND      OPG SECURITIES P LTD      B      2401530      131.47
30/12/2010      533295      PUNJABNSIND      CROSSEAS CAPITAL SERVICES PRIVATE LIMITED      S      2133421      131.58
30/12/2010      533295      PUNJABNSIND      OPG SECURITIES P LTD      S      2396530      131.58
* B - Buy, S - Sell

as on Friday, December 31, 2010 10:27:30 AM

@1353, KK
Many thanks sir :)
I will apply in SAIL FPO.
We are having one bad exp in govt FPO, i.e. SCI, like govt offered the same for 140 and post fpo, it was trading around 129 yesterday, so if is the same thng wth SAIL, then it make sense to wait till fpo is over, what say ?

After listing MOIL & Punjab Sind Bank Issues, i feel that there is no more charm in IPO.

If issue is good (expecting more returns after listing) then issue is oversubscribing more times and chances of allotting shares are very less.

If issue is not so good (expecting more returns after listing) then issue is not oversubscribing/ just subscribing and share is quoting around issue price.

In both scenarios, small investor is not gaining in IPO. Only exception is COAl India,

Hello Sreedhar,
I understood the strategy of shorting futures and selling puts but I couldn't understand the profit of 8K per lot. How many number lots is both orders? Do you mind explaining in detail? I am assuming shorting of Jan futures at 180 and selling Jan 180 put at 8 were at the same time. Correct me if I am wrong...Thanks

Chivitra,
SAIL FPO is coming in January. The offer price will be somewhere around 160. There will also be a 5% discount for retail investors. You can apply and get and keep them for long term if you want.

@1347,

KK, Many thanks for the explanation. It will be really useful for me.
What is best price to enter into SAIL ? Please advice.
I am planning to keep the same for 3 months to 6 months time.

If possible i will try to buy few more in PSB @125 or something like.
Hanung is also positively moving....

SELL TARGET IS 116/111

Like you guys say, its clearly operators play. atleast good news is that big insitutions bought the share today. Something good might start in the new year.

I bought some shares at 131 and some more during the closing at 126.40. My average cost is 128/- now.

Gane.

I really hope that PSB wont go below issue price in the coming days. Still MOIL is suffering to cross 450 range. Today is the second day for MOIL to close in green after listing.

Since this is a good share to be in portfolio for longer duration, it is a very nice oppurtunity for the people to enter into it that too close to issue price.

Gane.

@ KK Natarajan,

You were Absolutely Right man, they had did it intentionally For the Benefit of such Big hands...
So we might expect it to move Good from tomorrow...

1343 Chivitra,
Buying SAIL at this juncture is not advisable. Shorting in futures means selling the shares we don't possess and buying at a lower price later to earn profit. The share prices of public sector companies that come out with FPOs tend to go down as the FPO price fixed is normally lower than the market price and thats why people short sell them.

It seems on listing lakhs and lakhs of PSB shares were short sold and covered around 130. Its pure operator play in the other direction.

This type of ipo good for long term ipo lover as it will evaporate kostak and sauda rate from market. so real investor wiil benefit.

Good news....
To all who holds PSB....
As per todays Bulk deals in NSE...
Other than operators play,
Hamon Asset Mgmt Ltd A/c Hamon Asian Market Leaders Fund had bought 1200000 shares @ 128.39 and
Goldman Sachs Funds Goldman Sachs Brics Portfolio had Bought 1436465 shares @ 132.15..
So todays stock rigging by operators might be to give chances to these investors to get the stocks at rock bottom prices, so enjoy by holding them for long...

GARUDA,

Many thanks for your earlier tips. It was really usful for beginner like me.
I am planning to enter in SAIL Counter. However many people on the board are talking about shorting of SAIL, I am not clear with the terminology / what is meant by that... Please advice.

Irrecpective of that I am planning to buy SAIL, I am not sure about the entry price level in this counter with 3 months to 6 months target.Please advice

Regards,
Friends Forever.

best thing to do in ipo is apply only that ipo which u want to keep for long term.short term gain is now evaporated.

To all who bought PSB at opening bell: If any IPO is oversubscribed viz 40 or 50 or 60 times please keep away from entering on listing day as NII would dump the stocks on opening bell keeping it to the nearest listing price. If you overenthu'lly bought at opening bell you should immediately come out even if the stock jump 10 rupees as after couple of minutes it start its southwards journey. For good and small IPOs you may enter at listing price but now a days wait and watch is the best option available to enter at the lowest price band. Study the newly listed stocks for a week and arrive at a Daily Moving Average price and then decide to enter or not. Of the 21 IPOs listed since October 2010 only 7 are traded in Green. Beware of IPOs.

1339. IPO/STOCK GURO Dec 30, 2010 6:46:40 PM IST Report Spam!

Hum ko to lagta hai ki IPO / FPO market mein bhi Commission Wealth ho raha hai. Kyo bhai? Kya bolte ho?

Shameless Govt…………….

Chahe result achhe ho, Chahe bulk deal ho, Chahe, new project ho, Chahe aam aadmi and investors mar jaye, Chahe sensex 50000 and Nifty 10000 paar ho jaye, Chahe further Fool Public Offer ho, parantu yeh chalne wale nahi hai qyoki yeh swiss bank ke stocks (NHPC, NTPC, NMDC, SJVN, JAYEPEE INFRA etc….) hai. Now, Power Grid, MMTC, Hind Copper, Nalco all these will increase as Govt. will now take at maximum in all these.


NHPC: Akhir Naiya Doob Hi gayi. Nikhar aaya NHPC ka asli rang. Only i have sold all NHPC @ 38/- Now, no will be able to sell at 38/- till this Govt. is there. Before ten months, I have told that it will not go more than 32 in any case.

SJVNL: Only i have able to sell @ 26/-. Now, no one can sell at 26/-. Target 0.25 paise per day down.

J P Infra: Why S P Tulsian recommends and told that within two months it will be 120/-.
Since then it has already gone down by 21/- (at the time of recommendation price
was 91/- now struggling at 70/-).

Now, NHPC will take minimum 37 months to reach at 37/-
NTPC will take minimum 26 months to reach at 260/-
NMDC will take minimum 401 days to reach at 401/-
SJVNL will take minimum 30 months to reach at 30/-.
JAYPEE will take minimum 11 months to reach 110/-.


Is there anyone in The World who can realize to SEBI that he has done big mistake by increasing the limit of Retail Investors by Rs. 2.00 Lakhs. SEBI has given hint to all retailers of India to quit from IPO market. This market will only for HNI, QIB and big players. SEBI will not take any decision for benefit of retail investors like IPO Pricing, IPO Loss etc. But SEBI will take decision to give more and more losses to retailers. This is very shameful that after applying two lakhs and after waiting for 15 days, you are getting 17 shares of MOIL or 50 shares of PSB and that is even by lottery!!!!
If almost every retailers are against the increasing of limit from 1 lakhs to 2 lakhs than how can SEBI decided to increase the limit and taken big decision? I think this decision has taken to give maximum benefit to HNI, QIB etc.
Now, after increasing limit up to 2.00 Lakhs by SEBI, retailers profit are almost gone but losses are unlimited like NHPC, JAYPEE INFRA, Emmbi, D B Reality, Indiabulls Power, Reliance Power etc.

Great India! Great SEBI!! Great Corporate!!!