Standard Chartered PLC IDRS Message Board (Page 6)

standard chartered idr application 2100/-

ITC might also issue bonus shares 3:5 in this month apart from Rs.10/- bonus per share. I got this message from moneycontrol. Somebody let me know whether this is true?

Gane.

EX DIVIDEND WILL BE LESS RS 10 TO RS 12 ON THE PRICE RULING TODAY AFTER THE DIVIDEND WAS DI CLEARED THE PRICE IS ALREADY DISCONTED PL NOTE THAT NUMBERS OF BROKERS WILL HAVE THIS NEWS AND THEY HAVE BROUGHT THE SHARES

Dear Sridhar,

I bought 100 shares of ITC today. Is it still possible to get this dividend of Rs.10/- per share?

Gane.

Dear Friends,
ITC had declared a dividend of 4.5 per share & a special dividend of 5.5 per share.So total dividend of 10 Rs per share.9th is the exdate . It also gives a good arbitrage oppurtinity as well .Go for it.

Prevailing at 1680 GBP now ie. 115 INR. with huge volume
Listing will surely be dependent on the then prevailing prices ie +/- INR 5

It is expected to be another cox & kings

Rs 150 in long term ie in 6 months or so, markets remaining at the same level

The price of the Standard Chartered IDR on NSE / BSE will be substantially determined by the prevailing price of Standard Chartered on the LSE and HSE and relative exchange rate between UK, Hong Kong and Indian currency. Global economic, political and stock market conditions will have more influence on the IDR price than Indian economic, political and stock market conditions. The IDR got priced @ 104, the 5% discount to retail investors will leave little cushion in view of the high volatility currently prevailing in global markets and possibility of IDR trading at discount to the LSE/HSE share prices post listing.

I believe that the probability of sizeable gains on listing seems to be limited. However, looking at its past track record & future growth prospects, the bank could deliver decent returns to investors in the
long run (fair value seen at Rs.127). As the IDR is introduced for the first time in India, one could see some fancied buying from investors post the issue.

SATNDARD GREY -1.75 -1.25

sreedhar

thanks for your prompt response.stanchart can be along term portfolio stock as the promoters,growth prospects n div yield are all good.now pound has started moving up from its 10 year old low n that is lso a postive sign.

jubilant food i also hcv sold off after getting atidy profit.its cfo n coo hv also sold off their holding.but one shud also track it as its a unique story.

cox is also an unique story ,pl send your mail id so that i can send u some research reports

Mr Asteroid. Thank u very much for your answer to my question. Hope stan chart gives good returns to all those invested in this IDR.

SahranpuriJi,
Yes stanchart is a good bet.I will wait for its price discovery & then buy after that.This is the first IDR & I am sure there will not be one to one correspondence between IDR & LSE.It is to be seen whether IDR is at premium or discount to London price.Instead of applying for Stanchart I bought Tata Motors cheaply(good bargain) at 685.Hope to sell it at 760-770.Regarding CoxnKings tourism stocks will take a hit whenever there is a global crisis.Nothing more than that.Results were good,so no need to worry about that.Do you still hold Jubilant?I have disposed it off.No juice is left in it.Bought some Ganesh Jewellary at 119.Will hold it with 100 stop loss.Just a trading call.

sreedhar,
hi stanchart appears to be a good bet both for listing gains as well as longterm hold.u see pound is at a10 year old low.it has got nothing but to go up with new conservative govt in place.this will means an additional upside tick for stanchart adr holders besides good business growth.

whats your take on cox n kings results .price coming down drastically any specific reason

Dear Bubaloo ,
I Already Hedge my IPO Allotment Postion in LSE & HongKong Stock exchange's hence litterely booked my profit ..
Hi....Hi.......Hi.........Hi........

Hey All,
Today at London Stock Exchage Stanchart Rate is 1.654 & Today's Pound / Rupee conversion rate is 69.84 hence price is around 114.8 / - per ADR / hAPPY INVESTING TO ALL LUCKY GUYS WHO APPLIED IN THE IPO

According to its international price in pound on other stock exchanges, this share currently trades at rs 110. This is not a ipo, there is no grey market premium here, you can check out the price of standard charted bank on london stock exchange. The premium is in front of you...

When is the allotment. What is the grey market for standard chartered. At what rate will it list. Please advice.

I applied for the 400m share of std cht.

what should i do on listing day

i think it will give minimum 5% return on listing day for the retail investor.
What do you think?

Listing price 79 .

Fatpipe Networks kostak rate or primium ?

Dear Sreedhar,
Thanks a lot for your advice. You have burnt a lot of midnight oil for my sake. I will wait and then think twice before entering Jaypee infra even at 75.