Punjab & Sind Bank IPO Message Board (Page 65)

Mr Dhawal

Pl amend to read 98 as 198. Today it may hit lower circuit again.

L&T FINANCE
PEOPLE WERE SPEADING RUMORS ABOUT L&t FINANCE THAT IT IS COMMING IN 15 DEC IN FACT CHAIRMAN OF L&T WAS ON CNBC LAST 15 DAYS BACK AND HINTED FOR AN IPO IN 2ND WEEK OF JAN 2011 STILL I AM NOT KNOWING WHAT IS THE CORRECT DATE

One97 Communications delays IPO further, cites market conditions

Dear All,

L&T Finance Holdings IPO postponed to Jan-11

anyone got any idea on l&t finance issue date?

sold hanung @ 201 !

hanung toys

a buy back from company is announced. the buy back price will be decided on 11.12.2010

Hello Sreedhar,

What target you are looking for Axis bank.
Also please let us know about LIC...is it a good buy at this level?

Bought Hanung @ 189.95....

Hanung Toys- Circuit Breaker...Heavy offers in BSE : 108,000..

whats going on?

I have bought Axis bank at 1258 today.

Current price is 190...SELL SELL

To all friends,
Please hold the position you have in Hanung toys.Do not go for extra buying.It has started falling from 390.Let the stock stabilise.Till now its falling only on rumors.Once this storm of rigging passes Hanung toys will bounce back unless rumors come out to be true. One more thing I bought Hanung day before yesterday & yesterday my stop loss triggered.Day before fortunately or unfortunately nobody bought but yesterday some friends bought it.Remember my call is for that day only.This time onwards I will give stop loss so that this unpleasant situation does not repeat.Yesterday I was very busy with my work so could not get time to post about not buying Hanung toys.

Hi Sridhar, What do you suggest after seeing Hanung toys tumbling to 209 levels? Until when do we Hold? Do you recommend we keep collecting with this fall?
Below is an article published on BS yesterday about rigging but fortunately, Hanung Toys does not appear to be one of the culprits...

Look forward to your comments..
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Edible oil manufacturers Ruchi Soya and K S Oils today slumped 27 per cent and 19 per cent, respectively, on the Bombay Stock Exchange, amid media reports that the Intelligence Bureau is suspecting unfair trading practices by these companies.
Another company Karuturi Global, which is engaged in floriculture business, too plunged 9.98 per cent to hit its lower circuit of Rs 19.85 on BSE.



Media reported that Intelligence Bureau is suspecting stock rigging by Ruchi Soya, Karuturi Global and KS Oil and it has sent a report on this to the CBI.
Stock rigging is a phenomenon that attempts to pump up a company`s stock price by floating favourable news about the company`s earnings.
Reacting sharply to the reports, Ruchi Soya nosedived 27.44 per cent to touch a month low of Rs 83.10 on BSE in the afternoon session.
KS Oils tumbled 17.06 per cent to touch a 52-week low of Rs 32.65.
Earlier this month, market regulator Sebi had unearthed a nexus between some mid-cap companies and market operators who are alleged to have rigged the share prices of Welspun Corp, Murli Industries and Ackruti City, ahead of their respective convertible bond issues and private placements institutional investors.
The BSE benchmark Sensex too was trading under pressure at 19,665.14, lower by 269.5 points
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Thanks!

I am saying again that

ipo coming for very very small amount only for 480 crore less than 40% of moil its mean if you have interest free money only than apply for this ipo.

On two lakh amount very lucky person will get allotment of only 50 shares (maximum)so don't take a chance with loan amount.

Book value of this co. Rs 33/-, EPS 6.6 maximum price 45-50.most of PSU banks has available 1.5 price to book value and on 5 to 6 p/e ....??? 120/-too much

5 APP. OF 2 LAC WILL GET ONLY 2 LOT ie 100 share

Sreedhar,
lots of people have purchased hanung toys based on your tips. Now they are seeking your advice. Guide them.

The volatality in global crude oil prices may compel the Govt. to reexamine the IOCL FPO.
The petroleum secretary said that the Govt. has not taken a final decision on the IOCL FPO yet. IOCL divestment proposal was mooted when crude oil prices were lower. As crude oil is expected to harden further, IOCL FPO could be reexamined.

The Govt. is not willing to roll out more Follow on Public Offers for Public Sector Undertakings in this fiscal. The Govt. may launch not more than 3 PSU FPOs in the 4th quarter of FY11, reports CNBC TV 18 quoting sources.
4 FPOs including IOCL, ONGC, Hind Copper and SAIL were slotted to open in the 4th quarter of this fiscal. However it is learnt that only one PSU FPO is possible per month.
Meanwhile ONGC is likely to issue request for proposal merchant bankers shortly. Merchant bankers selection criteria may be changed sources added.