Standard Chartered PLC IDRS Message Board (Page 5)

Currently trading at 1622 Up 2.75 per cent / At current rate it will valued at 112 / - Happy listing to all those who dare to apply in turbulant market

Sub: Listing of Indian Depository Receipts (IDRs) of Standard Chartered PLC



In pursuance of Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A, it is hereby notified that the list of securities further admitted to dealings on the National Stock Exchange (Capital Market segment) with effect from June 11, 2010 and the designated security codes thereof shall be as specified in Annexure.

‘Euro zone crisis can’t derail India’

Nifty (5000) Traders will lose shirt in 4897-5148 zone as market has no clear trend in this area. Investors have buying opportunity as long as Nifty holds 4897.

The impact of the European crisis on India’s growth will be as small as 0.5 per cent, says Stephen Roach, chairman of Morgan Stanley Asia. In an interview with Sneha Shah, Roach says although the impact on exports is definitely negative it is not enough to derail its otherwise fairly impressive recovery. Excerpts

How do you see the impact of the recent European crisis on India’s growth?

Europe is still India’s lar-gest trading partner and, hence, it is not a negative impact you want to minimise. The European economy is likely to be a good deal weaker in the sparks to the austerity measures that are now being put in place by the authorities in the Southern Europe. There could be some cascading effects of this into the northern part of the core Europe. But my best guess is that this prompts could not be one or one and a half percentage points of the European growth over the next one year’s pan-European gro-wth. And this will fall short of the devastating effect of the reduction that the region and the world saw in the debt crisis of 2008-09. In that context, it means that the impact on India’s exports is definitely negative, but not enough to derail its otherwise fairly impressive recovery.

Can you put a figure to the impact of the crisis on India’s growth?

In my back of the envelope opinion, it could be half a point (0.5 per cent) of the GDP.

The Libor spreads are rising overseas against over­night swap rates. How do you see this as a threat to the capital inflows for eme­rging markets and especially India?

I don’t think they will be back in this major risk aversion trade in the emerging markets yet. We need this shock to really cumulate in the much more severe raising broad based questions about the debt market, credit markets an­d capital markets. We have had this big correction from an oversold position in the equity markets and it is possible this correction could run its course a little longer. But I don’t think that a foregone crisis driven risk aversion trade is likely in the near future.

So which are the triggers that India should watch out for?

The forecast for the gro-wth of the real economy should be laid down by the government along with their plan to achieve the forecast that is consistent with the target. The savings rate has come down from 36 per cent to 32 per cent because of the weak revenue flows and continued aftershocks from the global economies. But if India does not get their savings rate in the higher 30’s, then we are staring at a larger problem.

What will be listing price of STANCHART Tomorrow, I have been alloted 800 shares .

LISTING DATE 11-06-2010 BSE CODE 580 001

Hi friends, i applied for 200 IDR at 115 and alloted 200.
the price was fixed at 104 so i should get rs 11+5% discount. till date my a/c not credited nor i get any cheque. i sent a email to Karvy but they did not respond.

please tell me whom to contact??


Thanks.

standard chartered allotment out got full allotment confirmed by dp

Standard Chartered IDR should list around 110 at 5% discount to price on London stock exchange and giving a 10% profit to retail bidders. Best Wishes for those who applied.

stanchrt bank will be listed around 120 and it will go down to 110 at the same day but dont panic it is good for long / short term investment 150 is confirm in one month so buy on listing day around 105-110 if it comes and hold

When is the listing?

stanchrt bank will be listed around 125 and it will go down to 116 at the same day but dont panic it is good for long term investment.....and the target is confirm.

Allotment is out. Firm allotment for all retail investors. When is the listing and what to do on the 1st day. Please advice.

STANDARD CHARTERED IDR TO OPEN AT 88 RS AND WILL CRASH AT 75 RS ON CLOSING

If thi time market cresh due to european bubles
all stocks cresh likes stock split and bonus
not necessory to split or bonus
because hungeru [europe] also one more contry to join this european bubles to day.

When is the allotment? Please advice

Whatwill be the listing price of std. cht.
what should ne done on listing day?
i have a time frame of only one month.
so i think sell it on the listing day

Listing 85 fixed.

is GSPC IPO opening on 15th od june any idea anyone

listing on friday expected around 100. one can buy below 95 for long term view

Listing price AT LEAST 110/-
LANDON STOCK EXCHANGE PRICE 116/-