FREE Account Opening + No Clearing Fees
Loading...

Punjab & Sind Bank IPO Message Board (Page 66)

Loading...
79. KK Natarajan |   Link |  Bookmark | December 9, 2010 3:40:50 AM (500+ Posts)
5% discount available for retail investors.
78. KK Natarajan |   Link |  Bookmark | December 9, 2010 3:39:58 AM (500+ Posts)
76.Chivitra,
Sreedhar was informing about the prices of BGR and Everonn a few years back, not now. They are now at the prices you have mentioned. He was not giving a buy call for these. He was just telling that these scripts went down to those levels and then bounced back to attain the present levels.
77. Smart IPO Investor |   Link |  Bookmark | December 9, 2010 1:26:53 AM
Chivitra

I would say look at IDBI bank.It fall down from 196 to 155.
I think it is good pick in this market. I have some broker call for this with target of 350 in 6 - 12 month.

Sreedhar Please share your Idea on this. I have not done much research but long back read 1 article in ET and they mentioned this bank have heights interest income. Same for Central Bank of India but I would not advise you as some officer of this bank arrested by CBI.

76. Chivitra |   Link |  Bookmark | December 9, 2010 12:34:24 AM
Sreedhar,

I purchased 100 scripts of Hanung @209.65. How much time should I hold it ?

Rather than going for Punjab & Sindh IPO, wht if we picked scripts like OBC from secondary markrt ? What is best price to enter into OBC.

At the same time I was going through the BGR energy and Everonn, however the price of the script is displayed as 689.95 & 626.25. However the price you specified is 135 & 110 respectively. Seems like somethig is wrong in the message. Please advice. So that one can take proper call for tomorrow.

Thanks in Advance!!!


75. Saharanpuri |   Link |  Bookmark | December 8, 2010 9:53:20 PM (200+ Posts)
Sreedahr
I was talking about Hanung.
An avoidable investment
74. Saharanpuri |   Link |  Bookmark | December 8, 2010 9:49:11 PM (200+ Posts)
Dear sreedhar,

I had applied n benefited from its IPO in 2006 n I do know some people inside the company.
You can avoid this co as the promoter himself plays in shares.
73. NANDA ANIL |   Link |  Bookmark | December 8, 2010 8:37:22 PM
Sreedharji,

I have started watching your tips on specific stock. I had bought Hanung at 225 today morning, before it collapse to 209. Please let me know whether to hold the same and add on every decline.

Please also, on RPG Life Science, this is also come back to 70 levells from 105.

Thanks
72. Mahesh Jain |   Link |  Bookmark | December 8, 2010 8:32:44 PM
@Gane I do not time or patience to present his old messages again.Are you blind or what ask Gupta or anyone they will tell you whether he applied for Cantabil ,Ramky ,Microsec or not.He said he has got 1000 shares of SKS & he will hold it forever & he will average below 900,800.Now he may have got 10000 shares of SKS.
Leave all this .Did you follow the discussion between Sreedhar & SJ.That fellow was behaving like he knew everything & calling Sreedhar old fashioned.Such arrogance has been suitably rewarded.
71. Gane |   Link |  Bookmark | December 8, 2010 8:05:30 PM (400+ Posts)
@Mahesh Jain,

Check SJs message for cantabil, microsec and Ramky. He has asked people to avoid it. In case of SKS, people made lots of money during the listing. If someone holds it and ends in trap how come other person be responsible for this.

Its very funny and strange to see how people behaves.

Gane.
70. Mahesh Jain |   Link |  Bookmark | December 8, 2010 8:00:02 PM
@tejendra singh shekawat Have you not invested in SKS,Cantabil,Microsec or Ramky IPO.DO you want to join the people who have invested in the above IPOs.
69. TEJENDRA SINGH SHEKHAWAT |   Link |  Bookmark | December 8, 2010 7:46:52 PM
DEAR SJ
WHERE ARE YOU,PLZ GIVE YOUR VALUABLE COMMENTS FOR UPCOMING IPO
68. Smart IPO Investor |   Link |  Bookmark | December 8, 2010 7:38:14 PM
Dear Sreedhar

I am not 100% agree with you. (75% yes, 25% no)
If all other banks are trading at similar PE (around 6 -7) then how could we get listing day gain. Definitely there is some room as Vijaya bank as trading @ 9 PE and some other @ 10, 11 but I doubt about listing at 150. Again it is too early to say. It may go more than 150 if Bank index go up. OR go down if bank index go down.

currently Bank index drop down very badly. So if bank index go up we can definitely get handsome return. But at same time there is possibilities to go bit more down also.
67. Sreedhar |   Link |  Bookmark | December 8, 2010 7:27:46 PM (900+ Posts)
Extremely attractive compared to peers.All comparable peers trade at 1.5 book values & PE of 6.5 to 9.very small bank such as United bank trades at 1.2 book value & 9 PE. Vijaya bank at 1.53 book value & 7 PE.Dena bank has 1.44 book value & PE of 6.
AS CMD of PSB has said"Rs 40 crore comes into my equity capital, which is at Rs 183 crore and my equity capital comes to Rs 223 crore after this, which may fund my growth for the next two-and-a-half-three years. Going forward, may be we will have to again raise resources. So, people should have very pleasant memories of Punjab & Sind Bank. So, we are leaving enough on the table for them."

Extremely good IPO.I am thinking of buying it in secondary market if it lists around 150.
66. BANGALOREAN |   Link |  Bookmark | December 8, 2010 7:23:01 PM
I want to subscribe for this IPO.

Can anyone tell how many times it's gonna subscribe? Does 4 lots are gonna promise any allocation?

"When your Signature changes to Autograph - That is Success"
65. Anil g |   Link |  Bookmark | December 8, 2010 7:19:05 PM
Hello Sreedhar,

LIC is again at 960; please let us know if we can enter into this stock once again. or it will go down more.


Also, you are still holding Hanung Toys. If yes then are you going to add more shares of Hanung Toys at current level ?.

Thanks in Adv. :)
64. M Gupta |   Link |  Bookmark | December 8, 2010 7:06:07 PM
IPO Guru IPO Guru (1000+ Posts, 3100+ Likes)
SEBI SHOULD DISCLOSE THE LOGIC BEHIND INCREASING THE LIMIT FROM 1 TO 2 LACS...

LIMIT C'VE BEEN INCREASED BY 25% BUT DIRECT 100% INCREASE IS TOO HIGH...

SOME GHOTALA IS GOING ON INSIDE... BEWARE....
63. M Gupta |   Link |  Bookmark | December 8, 2010 7:03:49 PM
IPO Guru IPO Guru (1000+ Posts, 3100+ Likes)
AFTER 2G SPECTRUM GHOTALA... I THINK SEBI HAS DONE ANOTHER GHOTAL.... ALMOST ALL THE RETAIL INVESTORS WERE AGAINST INCREASING THE LIMIT TO 2 LACS...

BUT SEBI HAS DONE THIS WITHOUT SHOWING EXACT DETAILS OF MAILS RECEIVED IN FAVOUR & AGAINST THIS...

I THINK SEBI GUYS HAVE SOME VESTED INTREST... PM/ FM SHOULD LOOK IN TO THE MATTER....
62. M Gupta |   Link |  Bookmark | December 8, 2010 7:01:46 PM
IPO Guru IPO Guru (1000+ Posts, 3100+ Likes)
I ALSO STRONGLY FEEL THAT SEBI SHOULD REDUCE IPO LIMIT TO 1 LAC FOR RETAIL INVESTORS....

OTHERWISE IT WILL BE DIFFICULT TO GENERATE EVEN 1% INTREST PER MONTH ON IPO IN RETAIL CATEGORY BECAUSE HNI WILL SUBSCRIBE EVERY GOOD IPO WITH 10000-12000 CRORES PER ISSUE...


JAAGO SEBI JAAGO ... REDUCE THE LIMIT TO 1 LAC....
61. Ckshah |   Link |  Bookmark | December 8, 2010 5:45:47 PM (200+ Posts)
5% discount for Retail confirmed
http://www.moneycontrol.com/news/ipo-upcoming-issues/good-discountipo-for-retail-investors-punjsind-bk-_504029.html
60. Sreedhar |   Link |  Bookmark | December 8, 2010 5:35:01 PM (900+ Posts)
Dear CLD,
Yesterday I bought at 221 but 215 did not get executed.I was stopped out at 218 which I put at yesterday's low price of 218 becos Hanung had no business to come back to 218 once it closed at 235 yesterday.Those who had bought at 209 do not worry becos if quality shares go down they will bounce back.I bought BGR Energy AT 135 It Went to 100 in 2 days & Everonn at 160 & it went to 110 during market mayhem in 2008-09 where every midcap & small cap was dumped.Now the situation is getting repeated,this is the best time to get into quality stocks.As today I am logging in for the first time I did not get time to inform you about the stop loss & when to get out.