Ravi Kumar Distilleries Ltd IPO Message Board (Page 5)

As I said earlier RPP was not worth investing, even at the current price it is not worth holding, friends who are holding sell, others who are waiting to buy at lower levels, forget this stock and concentrate on some other fundamentally good share

My opinion is it will consolidate around this level.102-103 is strong resistance.Short term guys can book profit at this level.

Congrats friends,
Power grid has broken past the 100 mark.

if premium is Rs250 for MOIL i want to sell huge quantity.

Hey, whats hapenning.
I am not ipo godfather. how is it taking that login instead of mine.
How is this even possible.
Adim, pls check.
Let me log out and relogin.

Dear Sreedhar,
I am still holding 100 shares of coal india.
Kindly suggest if i should hold on to it or exit at current levels?

FST,
SCI will move in the range 140-150 & post listing selling pressure it will come down.So yes you will be getting very small profit.Decide if your satisfied with the profit.If yes hold or if not stop cheque.

Sridhar..
What should be the strategy for SCI FPO?? Should we go ahead with the passing of cheques or effect the stop payment as it is heavily subscribed..considering that i feel that one won"t be getting nearly 110 shares @ 10 rs premium..1000 for 1 lac application..that's also note sure as it is after 15 days..what's your take??

Friends I have gone long at 73 with 70 as stop loss in RPP.

RAJKOT....
Grey Market Premeium at RAJKOT
MOIL====== Rs250 to Rs255 Per Share.
Shipping Corp==== Rs5 to Rs7 Per Share.
Ravi Kumar Distilleries====== Rs6 to Rs8 Per Share..
Enjoy..

Hi Sreedhar,

Please share your thought on RIL and DB Reality.

Regards,
Anil

Friends,
OIL reached 90 & soon going to 100 the most dangerous thing for India regarding inflation & deficit.

Coal India may lose Rs19,000 cr by March 2012

Press Trust of India / New Delhi December 5, 2010, 11:56 IST

Delays in environment clearances to Coal India projects may result in loss of about 190 million tonnes output valued at about Rs 18,800 crore, to the country's largest miner by March 2012.

Coal India, which through its initial share sale's resounding success raised a record Rs 15,200 crore, making the IPO the biggest in India so far, faces delays in environment clearances .

As many as 154 projects of Coal India await green nod at Centre and state levels, a top Coal Ministry official told PTI.

"These 154 projects are spread across over 26,000 hectares of land and have a production projection of about 210 million tonnes.

"Of these 105 are awaiting stage - I clearance while the rest wait for stage - II nod," the official said.

Stage I approval for diversion of forest land by the user agency is granted after compliance of certain stipulations like impact assessment on the area. State II is final clearance.

Out of 105 projects awaiting stage-I forestry clearance, as many as 77 projects are pending at the state level and 28 projects at MoEF (Ministry of Environment and Forest) level, the official said.

Similarly, of the remaining 49 projects awaiting stage - II clearance, 41 are pending at state level and the rest are awaiting MoEF nod, he added.

Of the projected 210 MT, production from about 190 MT was envisaged during the 11th Five Year Plan ( 2007-12), he said.

Coal India at present sells its product at around USD 22 (about Rs 990) a tonne and going by that account, 190 MT would be valued at about Rs 18,800 crore at current prices.

The official said that as per the present provisions, new projects should be cleared in 150 days while renewal should take 120 days time but "average pendency for forest proposals is 3 to 6 years on date."

The Ministry has raised its concern at various levels including before the Prime Minister office.

"Ministry of Coal is not seeking any special procedure for clearing forestry proposals. It is only requesting for expediting the forest clearance within the existing legal framework ...," a recent letter by the Ministry of Coal (MoC) said.

"The enormous delay in processing the proposals at state and central government levels does need streamline, the letter said adding, "forest proposals have to move through 34 desks and whenever a query is raised it travels back and forth."

Friends,This is what happens to most public sector units after promising the moon they get mired in such procedural delays.Second day price of any PSU is the best price to get out.Get out of MOIL on second day of listing if it lists above GMP & Immediately if it lists below GMP.Coal India touched its highest on second day becos it listed above GMP & I ofloaded my entire shares on second day.I am extremely well versed with functioning of PSUs & had asked my friends to get off powergrid at above 130 ,I had also advised my friends to get out of NTPC in 2007 ending becos at that time they were trading at 30-50 PE which was ridiculous since their returns are regulated by Govt.NTPC dropped from above 200 to the current price only becos of delays in its capacity expansion.So My mantra for PSUs is get out before the euphoria of listing dies down.

@ 294 KKKK

any new IPO not allowed in intraday. still Coal india is not in intraday. you can check in stocklist which stock are intraday & which are not.

avoid this ipo , prserve your hard earned money for P&S bank,LnTfinance

Hi Sreedhar

Did not get response from you even last time? you must have missed....
I got some LIC shares at 1060 but do not know if i should hold them. Could you please advice?
Your secondary market tips are excellent. I have been tracking this for quiet some time but some how i missed you LIC sell advice at 1080ish
Please advice if you have any other stock in mind.

@ahmedabadking good we will pay taxes so that the scamsters can stash away lakhs of our crores in swissbanks.

Dear Boarders,
Please advise about buying Welspun Corp.Stock corrected about 26% yesterday after scamp. Experts on T.V are saying fundamentals of Co. are very good and one can see buying opportunity in this.

ANY ONE INTERESTED IN THE RATNAKAR BANK LTD"S RIGHT ISSUE FORM

Dear Sreedhar,

Whats ur advice on MOIl on trading from secondary market