Shilpi Cable Technologies Ltd IPO Message Board (Page 12)

anilm,
Whether it is short term or long term you have not informed.For long term you can hold becos interest rates ie deposit rates maximum may reach 9.95.That I am sure.This is the highest interest rate you can get.If it is short term you can book at present rate of 10450.

Anybody idea of any new ipo landing ?

KKN & Vas NET,

I am totally agree with whatever you have written about futures trading. People have to extremely careful while trading with futures. In feb 2011, my profit was 86K and loss was 69K which makes the total profit of 17K. so I posted that I finished in green during the first futures trading month. In March, I increased the target to 50K. But my profit was only 40K. I am very about it because I did not utilize the all trading days as I was away for some days and sick for last few days and so on. Now I am looking forward for Q4 numbers which starts from 2nd week of April. So I dont do any trading until that time. I am just watching 1 scrip at present. That is cairn India. When the govt approved their stake sale, then I am expectng that it will give good return on that day.

Greed is the biggest enemy for future trading. I just fix 2000-3000 profit for my trading. If I acheive that, I will imediately exit. Few shares which I left un-intentionally due to my other comitments gave me good return. On seeing that also, I don't want to take chance and increase my profit level. So I still fix my profit to 2K-3K. It may be different for earning number days which I have to look in to it later. Until now I just traded tatamotors and tatasteel on their earning days last year. Lets see.

Thanks a lot for all you advices and tips including Sreedhars and Ravi bangalore. I will also reduce this kind of future trading in future.

Gane.

FOOL BROOKER,s - This return after taking the Idle amount when there was no IPO in 3-4 months average .If we take the amount utilised and profit/loss earned then the return will be 40% on annualised basis of the amount used , which no MF or any consultant can aasured so we should be happy by earning such return and stay away from speculation and wait for a new good IPO .

@261 Chivitra
Yes reliance industries.

VAS NAT
WHAT TOWER SAY HE HAS EARNED RS 28000 IN IPO IN APRIL 10 TO 31MARCH 11 SEEMS RIGHT TAKING INTO ALL IPOS HE HAS SUBCRIBED
MORE OVER THE RANGE SHOULD BE BETWEEN 25000 TO RS 55000 IN ALL THE GOOD IPO
APPLING FROM RS 6500 TO RS 1LAKHS AND THE RS 2 LAKHS DEPENDING UPON YOUR ABILITY TO JUDGE THE MERITS OF IPO

Tower - Mine works out lesser. 28% return is a good one.

hI Sreedhar, please advice on SBIBONDS 5, i am still holding.
waiting for your valuable advice. advice and explain!

VAS NETS
YES we have taken all the factors. we applied only in the issue where grey market was active and excess oversubscription is generraly sold in GM . Do you have any doubt in the statictics or you are in a position to grab the better opportunity, if so pl explain so that we can take care in 2011-2012.Thanks

@259Bj,

Are you talking about Reliance Industries ?
Please advice.

Regards,
Chivitra

Dear Gane,
Do you remember one of my previous posts to you congratulating you for making good money in futures trading, at the same time asking you to be careful. As long as you earn money it will appear all rosy. It will make you think when there is such an easy way for making money why should you trade in cash. But it is like playing with fire. I have played in the past and have got my fingers burnt. So, unless you are going to be very much cautious dont play with fire.

Sreedhar,
Sold reliance at 1040 today...what's ur call on sbi ?
I have at 2700.

SREEDHAR,
GOOD EVENING,I HAD EXITED FROM SBI BONDS BIT EARLY AT 10299 AFTER FIRST DAY CLOSE OF 260+,BUT I AM SATISFIED WITH EARNING FROM 90 LOTS.NOW PLZ ADVICE WHEN MUTHOOT FIN IPO IS COMING.
THANKS FOR YOUR GOOD ADVICE.
TS

I am just sharing my experience with Futures trade.

Futures Vs Cash Segment

1) Futures trade is a Zero sum game where only the brokerages gain.
2) Futures trade expires every month and roll over is required. Roll over at the same rate not guaranteed.
3) Futures trade is extra sensitive to news/developements.
4) Futures trade tests the endurance limits of a trader. Greed / Fear factors are explicitly seen while you trade in this futures segment.
5) Futures trade makes you feel that making money is so easy (when you profit) and makes you feel what big matters if money is lost (when you lose).
6) Futures trade is more of gambling than of knowledge / information.
7) Finally - Futures trade addicts you slowly.

Lets remember that the Pandavas lost their kingdom and their wife thinking everytime that they will win back what they had lost.

L&T Finance Holdings, a subsidiary of L&T, has filed draft red herring prospectus with the market regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) of Rs Rs 1,750 crore, including Rs 50 crore worth of equity shares reserved for employees and Rs 125 crore for L&T shareholders.

The company may raise up to Rs 400 crore via pre-IPO placement of up to 60 million shares.

It is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through direct and indirect wholly-owned subsidiaries.

L&T Finance Holdings' wholly owned subsidiaries are L&T Infrastructure Finance Company Limited, L&T Finance Limited, L&T Investment Management Limited, L&T Mutual Fund Trustee Limited and India Infrastructure Developers Limited.

Company intends to use issue proceeds for repayment of intercorporate deposit issued by promoter to company (worth Rs 345 crore); and augmenting the capital base of L&T Finance (by infusing Rs 570 crore) and L&T Infra (by investing Rs 535 crore), to meet the capital adequacy requirements to support the future growth in their business.

For the period of six months ended on September 2010, it has reported a net profit of Rs 203.53 crore on total income of Rs 957.96 crore.

JM Financial Consultants Private Limited, Citigroup Global Markets India Private Limited, HSBC Securities and Capital Markets (India) Private Limited, Barclays Securities (India) Private Limited and Credit Suisse Securities (India) Private Limited are the book running lead managers to the issue. Equirus Capital Private Limited is the co-book running lead manager

SANTONU@254: My dear friend who told you Shilpi manufactures Optic Fibre ? They are manufacturing RF Cables,Power & Control Cable,Auto Cable,PCM Cable plus connectors used by telecom companies. BUT NO OPTIC CABLES.
Any expansion of telecom services - Broadband or otherwise will mean more demand for their products. But imports from countries like China/Korea & other low-cost producers of such products pose a tough competition too, for this company.

shilpi cable may be the beneficiary of new broadband policy, so stock may do well on listingas it manufactures optic fibre

Tower - Have you taken the over subscription into account? IPOs which trade negative would have been subscribed lesser and the profit making IPOs would have been subscribed heavily.

On EVERY 100000 investment in IPO during the entire year we earn Rs. 28000 for the whole year 2010-2011(1.4.2010- 2011). A reasonably good return . ALso mutual fund other investment opportunity in STOCK MARKET do not give such return. So Keep investing. Though some loss on IPO is also included in this figure of during the year. THANKS 2010-2011

Dear Gane,

I tried to test my knowledge and strength with futures in Feb 2011. I did a huge turn over and despite knowing that the market is coming down, I could manage ony a zero loss and Rs.15,000/- profit to the brokerage.

Finally I ended the futures trade and concentrated on reduction of brokerage commission for futures as well as for the ipos. My advise would be that every traders/ipo applicant should have a basic knowledge of futures trade so that this can be used profitably for some FPOs.

Commodity trading is still riskier. I ended us in loss in Crude Oil trade due to erratic movement during the last one month. But I am using this for my business in a different way.