Shilpi Cable Technologies Ltd IPO Message Board (Page 20)

saharanpuriji,

i m not too worried about the crash in series 5 (9.95%) bonds...

but the cause of worries is the fall in prices of old bonds ( 2010)...

old bonds(2010) are almost offering same yeilds as this new bonds (2011) after their price correction.....

difficult to predict the prices but in bonds no one easily loses unlike equity, because if one holds for some months, interest will be added to the price of the bond and will trade higher...

i m not expecting 9.95% bond to trade much above this upper range of 10290 - 10330

on the lower side it may come down to 10180-10230

i would love to sale @10290-310........

but if i dont have fds in my portfolio and want some debt instument then this is better than 10% bank fd interest payable qtrly, because of-
1)liquidity and
2)future price increment in bondpricesdue to decrease in interest rate
3) no tds.

kapil t

hdfc asba will show "cbi right issue" at relevant place......
applying process is similar to any other ipo........

u can also apply from any other bank asba who is offering cbi right issue but quote ur that deemat a/c no in which ur original cum right shares of cbi was present....

if the banks are notoffering then try tradional route by filling the right entitlement form.....

Gem,

Regarding CBI rights issue. What is the process for applying thru ASBA..? Would it be through IPO section. Generally rights issue are not available to subscribe online or maybe I have not checked if they can be subscribed online.

Dear Gem

I am still holding sbi bonds . what was the reason fro crash today to 250? shud i sell firt thing in morning or wait till april 11shu

alpha

yes u can apply using HDFC ASBA ......

u must remember to use/qoute ur that dp no in which u have cbi cum-right shares......




In rights issues, all shareholders of the company as on record date are permitted to use ASBA for making applications provided he/she/it:

a. is holding shares in dematerialized form and has applied for entitlements or
additional shares in the issue in dematerialised form;
b. has not renounced its entitlements in full or in part;
c. is not a renouncee;
d. who is applying through blocking of funds in a bank account with the Self
Certified Syndicate Bank.

fool brooker...

u seem to be a good mind,but need more refinement in ur knowledge/approach about equity and bond........

u could be a bright star of this forum in future....

best of luck

GEM IPO FINDER

IF YOU ARE UNDERSTANING YEILDS OF BONDS THEN WHY ARE YOU SHOUTING AT ME I AM NO BODY TO BRING THE PRICE OF THE BONDS DOWN I AM ONLY TO GUIDE PEOPLE TO EXIT AT SUCH HIGH RATE
I STILL STICK TO MY WORDS BUY AT 9500 ANY OF THE BONDS IN THE MARKET
REMEMBER BEST TIME TO GET THESE IS BETWEEN 23 MARCH TO 31 MARCH 2011 AT YEAR ENDING WHEN EVERY BODY IS SHORT OF FUNDS

fool brooker

so today u wrote 10-12 massages to just say that " price of sbi bond will come down"........

what a joke............

sorry for bad words

for the knowledge of boarders and this fool brooker:-

dont be afraid by seeing the carnage in old sbi bonds (2010) rate today....

they are adjusting to the same yeild of new bonds (2011)...

in simple words for example:

suppose if a bond pays 9% rate and cmp is 100
and
a new bonds come to the market that pays 10%

so there will be 2 situations-

1) price of old bond will fall to be at par yield ( income) ofnew bond or
2)price of new bond will rise.

here all the bonds are equal in ratings and are from same co , so they will adjust each other as to yeild same income

GEM IPO FINDER
PL DO NOT GIVE BAD WORDS RIGHT FROM THE ISSUE AND IN THE MORNING READ ALL MY QUOTES WHAT WERE YOU DOING WHEN I WROTE THE RATES WILL COME DOWN
ARE YOU MIS GUDING THE PUBLIC I HAVE GIVEN THE LAST TRADING RATES AND MENTIONED THAT FROM THE MORNING RATES WILL COME DOWN
ARE YOU AN PERSON TO MISS GUIDE

ken shah

sbi bonds

for this week

10200-235-320

This Board is for comments/discussions in respect of Shilpi Cable IPO but it is surprising to observe that all the discussion is in regard to SBI Bonds....Is it not funny!!!!!!!!!! When the Boarders will learn to comments their views in proper Board?????. Hope in future Boarders will give their comments to Board where it pertains.

dear gem i still hold sbi bond ? what price target for now

SBI BONDS

AS I WAS EXPECTING 2.5-3.5% PREMIUM ON LISTING AND THAT HAPPEND,SO I SOLD MY HALF HOLDING BUT COULD NOT ABLE TO SELL THE REMAINING HALF.

SO WHAT I GOT SAY FOR EXAMPLE ON SALE OF BONDS WORTH RS.5 LACS:-

SALE PREMIUM = 3.3% = 16650
APPLICATION INCENTIVE = 0.75% = 3750
INTEREST AS REFUND = 2040
INTEREST RECIEVABLE = 414*5 = 2070

SO TOTAL INCOME IS RS. 24510
LESS: STT PAID = 750 (NO BROKERAGE PAYABLE BY ME)


SO I GOT AROUND RS.24000 WHICH IS THE PREVAILING GMP, FOR THE FIRST TIME I M BANG ON GMP ....

BJ

MY RM WAS ABSENT TODAY HE CALLED ME @2 PM AND TOLD THAT HE WILL SEND EMAIL TO THE CONCERNED DEPARTMENT AND A CALL WILL COME TO TAKE THE ORDER FROM ME BUT NOTHING HAPPENED........

ANYWAY I DID NOT WANTED TO SELL AS THEY WILL DEDUCT HEAVY BROKERAGE FOR EXAMPLE 5 LAC SALE WILL CHARGE 2500+ BROKEARGE, SO I HAVE GIVEN TRANSFER OFBOND FROM DEEMAT TO ANOTHER DEEMAT OF BAJAJ CAPITAL WHERE I CAN SELL SHARES UPTO RS. 5 LAC FREE OF BROKERAGE

I TODAY SOLD HALFOFMY HOLDING @ 10333 REST HOLDING...

DEAR SIR,

SHILPI CABLE KI LATEST GMP KYA HAI

AND WHAT IS RATE OF RS. 2,00,000 AND 1,00,000

89 GEM IPO,
Even I have IndiaBulls account, I sold the SBI bonds.
I called up my relationship manager and he arranged for the same.

Thanks a lot to SKDash for reply

SHILPI CABLE TECHNOLOGIES LIMITED - NSE Bid Details                        
Updated as on 23 March 2011 at 1500 hrs                        
1 Q.I.B. - 0.71

1(a)FIIs - 0.71
1(b)D.F.I.(Banks/Financial Institutions(FIs)/Insurance Companies)- 0
1(c)Mutual Funds - 0      
1(d)Others -       0
      
2.Non Institutional Investors      - 0

3.Retail Individual Investors (RIIs) - 0.03

whats the overall view on Shilpi ? Is it depend on the subscription quota of other category or anything else ? All had a great hope on SBI Bond but the game finished with 2-2.5% gain (including interest). Seems money making is not so easy what we assume