Shipping Corporation of India Ltd FPO Message Board (Page 28)

Based on the analysis of other FPOs here's some analysis for SCI. I think if the price band is 120-125. The price of SCI could come down to 133-135 by the time the stocks are credited to demat (15th Dec). This means now is the time to short this stock and make handsome gains..

GO FOR SHIPPING CORP MUCH BETTER COMAPNY AND TRANSPARENT BALANCE SHEET + STOCK IS LISTED FOR TRACKING

Agree with the price of 120 as better than 135 for retail investor. Govt should have protected existing investor and given a price band when share was trading really up....
But 125-135 seems more likely....

Share looking good at 120/- for retail investor. Meaning Minimum gap between market and cut off price should be minimum 30/- rupees.


In power grid share come down from 102/- to 95/- on listing day and
investor got only 9.5 rupees or 10% which is not very big profit.

At present levels, 125-135 seems a sureshot winner for SCI. This will leave approx 15% upside to retail investors and approx 10% for others.
In the long run, this will then prove to be a 2 bagger in 1-2 years...

pandit ji

what ur comment on MOil
Is this safe to go for ipo or for fpo in this market .

@62

ok will wait for ur comments tx

Ckshah, let the pricing be known first, then I will definately put a comment on the board, as per initial look, both are good companies, the pricing is the deciding factor, SCI is lethargic share moves slowly but comes down rapidly, baltic frieght rates not going anywhere, China is tightenign screws, hence SCI should be priced much much lower to make it a gud investment

One97, has got a impressive list of clients, good product line, but wait for some time, by the way have a look at One97 website, the best I have seen lately

Pandit Ji

what ur commnet for sci and One 97 which one is better for aply as limit is increase to 2 lakh so i have to decide according to my budget...

Shah Saab, I saw a flash today on CNBC, that SCI pricing will be decided today evening, cant comment on the links

@58

ya i am agree with u but i show this link thats why telling

http://www.thehindubusinessline.com/businessline/blnus/09241706.htm

http://www.financialexpress.com/news/shipping-corp-fpo-price-band-on-nov-29/715473/


http://www.indianexpress.com/news/shipping-corp-fpo-price-band-on-nov-29/715473/

Ckshsh Saab, SCI price band to be decided today evening

Shipping Corp FPO price band will decide on Nov 29

apply for shipping corporation ipo it is good for long term

one97 is a good ipo please go for it

good to see share value of SCI is decreasing...it may reach 138-140 by the time govt will take a decession on the FPO issue price....hope for retailors issue band will be around 120-130 with 5% discount...

@53 IPOtimes
You are right - salaried employees shall not have any problem with IT scrutiny, but unfortunately nobody wishes to face it.

The shares of Powergrid will be credited to all demat tonight, the shares can be traded from tommorrow 25th November 2010, circular out in both NSE as well as BSE. So we were correct the shares of an FPO can be traded the day we see them in our account.

It depends on price band to be fixed by the EGM . If there is a difference of 10% from primary market. It is good bet.

I have been reading about IPO investors expressing apprehensions about investing in the 2lakhs slot .For a employee like me , whose income is the salary and wishing to make extra money through IPO's, -will I have any problems with IT scrutiny etc.Anybody in the know of things please enlighten me!