Shipping Corporation of India Ltd FPO Message Board (Page 10)

I am not sure why people are so annoyed when this got subscribe 4.5 times in retail. This IPO is a good buy at Rs-133 for retail,might not be so good for FII at Rs 140. And people put their money after doing some research only.

making a great mistake by making the bid at lower band, i am repenting.

356. Ravi, Bangalore,
The weekly chart of Koutons shows decline from around 71 levels to around 55 levels, mostly hitting lower circuits. Then on Thursday it hit the upper circuit, which tempted me to enter, but then it again hit lower circuit on Friday. Is it because of the low confidence in this stock? Then how did it hit upper circuit on Thursday? Was it manipulation? What are the risk levels for those who enter from now on?

Rakesh Jhunjhunwalah seems to have bought 21% stake in A to Z for 26 crores which is worth about 750 crores now. So it should have worth. It seems he is selling a part of his stake now.

431. A V

Dont comapre SCI with the faltu companies like BS Transcomm, Bedmutha, Sea TV, Orient green power etc, the se are really baseless compnies.
you maynot awre of SCI rich heritage in indian history....
It will give 110% profit on listing.
Its one of the Gem of PSU sector...Understand..better if u understand.

I Totally agree with sridhars comment here. There is no way that an FPO like SCI which is trading at 143 in secondary market has overscubscribed 4.92 times. When this FPO is out, it will definitely come down below 135 before people could make money.
Now a days, because of CIL, people are thinking that they can make money in anything. It is the retailers only who would take the final blow. Only the smarter ones make money.
The picture is very clear, look at the share value of BS Transcomm, Bedmutha, Sea TV, Orient green power. Initially these share were trading very high, but it fell sharply giving shock to retailers.
Apply in the IPO's only when you are very sure that you wont make loss. And always know, when to exit.
I have also suffered a heafty loss which i couldn't cover yet. But never would i go with such risky ipo's.

Namaskar panditji how r you? I am fine and don't get time even to go through your comments which i miss a lot.Today when i see older comments i find that some persons Was recommending claris life sciences instead of shipping i was surprised to see that they are playing with the money of retail investors by misguiding them to invest in manipulated companies instead of fundamental strong companies like shipping corporation.I am very happy that panditji you never gave your consent to apply in companies where corporate governance is an issue.keep it up your good work and thanks for your previous all prediction went true.Panditji i do not able to appreciate your previous ipo related work and i am very much sorry for that.

SAMEERJAIPUR,

U MAY SHORT @ 147-148 FOR THE EXPECTED ALLOTMENT QTY ONLY IN NEXT 10 DAYS.

THE SPOT PRICE MAY NOT FALL BELOW 138-140 ON CLOSING BASIS.

FUTURE PRICES MAY BE KEPT ARTIFICIALLY AT PREMIUM THAN SPOT @ LISTING TIME SO PLZ BEWARE OF THIS FACT TOO.

@Sreedhar

I have applied one full application each in MOIL and SCI but I do not have much hopes on the earnings because of over subscription and market conditions. What are your views on secondary market ? Any stocks at good prices ?

frm above comment i am sure some people like shreedhar so i too want you to be my favourite can u guide me in sci fpo as ihave applied for 2400 nos of share should i continue or stop my payment immediately

i have applied 2 applications of 2 lot each. ( totally 200 shares )
what are chances of getting atleast 50 shares?

hdfc asba still showing cancel and modify option in SCI fpo order book . can i cancell my application now?

Plz can anybody provide the number or email id of person purchasing applications in grey market in JAIPUR

WITH LAST 6-MONTH EPS @ Rs.10.50 SCI-SHARE IS NOT BAD AT A P/E OF X6.5 FOR YEAR2011. SO HAVE HEART- ALL THOSE WHO HAVE APPLIED IN FULL !

OF LATE THIS FORUM IS BECOMING LIKE OUR PARLIAMENT WHERE OUR M.P.s DO NOTHING BUT ABUSE EACH OTHER ALL THE TIME.....PLEASE DISCUSS ISSUES NOT THE PERSONS.EVERYBODY HAS A RIGHT TO AIR HIS OPINIONS BUT LET THEM BE ABT COMPANIES/IPOs AND NOT INDIVIDUALS.WE , THE INVESTOR COMMUNITY ,SHUD SET AN EXAMPLE FOR OUR PARLIAMENTARIANS.SO SHANTI, SHANTI, SHANTIH ...... & HAPPY INVESTING TO ALL OF YOU!

CARE ASSIGNS ‘CARE IPO GRADE 4’ GRADING TO PROPOSED IPO OF PUNJAB & SIND BANK

The grading derives strength from 100% GoI ownership (post IPO -82.07%) of the bank, PSB’s long track record of operations of over 10 decades, its established position in northern India and expanding network of branches & ATMs. The grading also factors in the bank’s healthy asset quality, strong growth in asset base. Improving corporate governance with formation of various committees in accordance with clause 49 of listing agreement also support the grading. The grading is however constrained by PSB’s relatively small size, regional concentration, low technology orientation and declining proportion of low cost deposits.

Company background
The New Delhi-based PSB is one of India’s smaller public sector banks, with a total asset size of Rs.58,421 crore as on September 30, 2010. It was established in 1908, nationalized in 1980 and is wholly owned by the GOI. PSB Board of Directors comprises 1 Executive director, 6 independent directors, one nominee of GoI and one nominee of RBI. During FY10, PSB’s advances maintained its upward trend by growing at 32.6% to Rs.32,639 crore while its deposits grew by 41.76% to Rs.49,155 crore as on March 31, 2010. In FY10, PSB had PAT of Rs.509 crore (Rs.437 crore in FY09) on Total Income of Rs.4,346 crore (Rs.3655 crore in FY09). Net Interest Margin (NIM) declined to 2.70% during FY10 led partly by PSB focus towards wholesale banking during FY10 which led to lower interest margins. ROTA was 1.05% in FY10. PSB had healthy asset quality with Gross NPA ratio and Net NPA ratios at 0.63% and 0.36%, respectively as on March 31, 2010. PSB reported a
Capital Adequacy Ratio (CAR) of 13.10% (Tier I CAR- 7.68%) as on March 31, 2010.
Growth in interest and discount on advances and bills by 25.61% mainly led to increase in total income by 23% to Rs.2531.6 crore in H1FY11 over corresponding period previous year. ROTA stood at 0.93% for H1FY10. Asset quality improved with Gross NPA and Net NPA ratios declining from 1.01% and 0.49% as on September 30, 2009 to 0.92% and 0.44% as on September 30, 2010. Capital Adequacy Ratio (CAR) stood at 13.04% (Tier-I CAR- 7.98%) as on September 30, 2010.

@SHAHIN
@sreedhar:395
every1 has the right to apply for ipo's..you are really stupid and selfish and arrogant to suggest that the market crash and people lose their money.how old are you?18?its peoples wish where they want to buy or not...you are nothing but a unprofessional fool trying to act smart with the new retail people who come on forums asking for opinions...do u know howw many people have lost money during the crash and that havnt still recovered???how lame are you???




HOW DARE YOU CALL SREEDHAR FOOL .RETRACT THE WORDS OR YOU WILL DROWN IN OUR FLOOD OF INVECTIVES.YOU HAVE JOINED JUST NOW IN THE BOARD & PLAYING GAME OF ONEUPMANSHIP .THERE HAS BEEN NO BETTER FRIEND OF RETAIL INVESTOR THAN SREEDHAR,DO YOU KNOW HE DRAGGED ME FROM THE MORASS OF 2008 CRASH TO PROFITS.AFTER SEEING HIS COMMENTS IN 2-3 ISSUES I BLINDLY FOLLOWED HIM & MADE LOT OF PROFITS.AS IS WITH HIS CASE I AM YET TO MAKE APPLY EVN IN ONE LOSS MAKING IPO,TOUCHWOOD.
REGARDING LOSS DO YOU KNOW HOW MANY PEOPLE HE HAD SAVED FROM SKS.HIS WAS THE SOLO VOICE THAT RAISED AGAINST THE ATTROCITIES OF SKS.
HE IS NEITHER A BROKER NOR PAID CONSULTANT & HE GIVES HIS VALUABLE ADVICE WASTING HIS VALUABLE TIME.HE GETS ALL HIS CALLS PERFECT EVEN TO THE POINT OF THEM BEING INCREDULOUS.
WHILE EVERY PEOPLE WERE APPLYING THSE IPOS H SUGGESTD BUYING FROM SECONDARY MARKET & WE MADE QUITE A BIT OF MONEY WHICH THESE IPO MAD RUSHERS ONLY CAN DREAM OFF

ONE FINAL POINT WHEN YOU ARE IN MARKET YOU HAVE TO BE WITH IT FOR EVER.I SUFFERED HEAVY LOSSES BUT NOW HAVE MADE THEM UP.MANY PEOPLE IN OUR OFFICE WHO DO NOT KNOW ANYTHING HAV JOINED IPO GOLD RUSH.99 PERCENT OF THESE PEOPLE WILL DISAPPEAR ONCE MARKET CRASHES.WHAT PURPOSE DO THEY SERVE ,AS SREEDHAR SAID THEY WILL PULL QUALITY COMAPNIES LIKE ASHOKA,EROS,EVEN POWERGRID WAS TAKEN TO 91 BY THESE SELLERS INTO DISCOUNT.
SO WHAT IS THEIR CONTRIBUTION
SREDHAR REPLIES PERSONALLY TO EACH MAIL EVEN THOUGH HE GETS HUNREDS OF MAILS.JUS CHECK HIS CALLS GOING INTO HIS PREVIOUS MESSAGES.
DO 1 YEAR FRE SERVICE & SPEAK IN YOUR TENOR.YOU MAY HAVE MADE 40 LAKHS FOR YOURSELF HE HAS MADE THEM FOR SEVERAL PEOPLE LIKE ME

Dear Sreedhar & Gem
Will it be a good idea to short SCI future if the price reaches 147-148 before allotment of FPO shares.Hope F&O trading will not be banned in this script.
Thanks

Sreedhar's comments/concerns are quite sensible. I totally agree with him on the rush at last hour by retail and finally they are the ones who loose.

After all those were not comments by Sreedhar but concerns on retail with a good intention of making them not to loose.

More retail partiipation is good - for the company / for the country / for the investors. Avoiding days of Reliance power is good for market because a plenty of Retailers who come in the last moment invest then loose and not only they keep off market but also spread fear to other retil investors.

As Aryanraj said, right now less than 5% retilers have DMat account and imagine what will happen to market if another 5% participates. Target 2020.

Lets be our endevour to make more and more Retail participate qualitatively.

I do agree with Sreedhar's comments. I work for IT company and see here ppl r just nuts after reading success story of Coal india. Ppl have lots of money and with this increased limit they are just going gung-ho. One incidence like R-power or Cairn should happen to get this type of crowd out of the system for sure. You get nothing in punjab and sind bank otherwise.