Tata Steel Ltd FPO Message Board (Page 19)

Tata Steel sets FPO price band at Rs 594-610/sh

Gem IPO,

Thats a good strategy to adopt considering brokerage for JUST ACTIVE GOLD plan. Looking for something like this. Thanks for the information.

Dear Durai,

I had purchased 250 of Hanung around 223. Any call on the buy backof shares from Company officials. How much time one should hold the hanung ?

BJ,

i trade with very small targets for example if i buy anything worth rs.100 my maximum target is 100.45, my avg target is 100.2, i enter and exit quickly and repeat the process quite often so i never got stuck or used stoploss....

My volume is generally large but no big trade trade ticket is not more than 50k at a time and i only trade in those shares which i want to buy for long term even if i get stuck i take delivery, i trade only for the cash i have i dont take exposure i trade only 1x cash available...

i can give u an example , the stock called ITNL which i m trading since it got listed on bourses, leaving apart first 1-7 days volatility due to newer listing my avg volume in that counter since it listing is around 5-9% of total traded volumeon nse, there are many such examples like cox and king and gppl etc .....

i am able to do this kindoftrading because my broker has that kind ofplan to support my way oftrading , although i dont earn much from trading its only on an avg 3.5-4k/day, by only generating volume,i pay huge stt, tt, etc

Welcome Dear Mr Sreedhar,
Hope you celebrated SANKRANTHI.
Do you have any suggestions now for buying or selling Futures?

what u think shreedher after fpo closing is it chances of going decline?
how much decline shud be possible.please reply

Hi friends,
returned back after Sankranthi vacation.I feel tatasteel will hold 620 till FPO.

Bhai logo ipo se paisa nikal ke f.d karwna padega nahi to hum fix ho jayenge

Aaj anil ambani or uske shares ki waat lag jayegi mkt open hote hi:-@:-x;-(

Gmp 1800 2 lac wow ipo mkt ki waat lag gayi sebi bhai ye 2 lac wali app band kar do re ye hni walo ne kahtiya khadi kar rakhi h

594 me mkt se le lena issue close hone k baad

Gem ipo finder,
The way you trade seems very interesting !!
Can you throw some more light on your way of trading ...it would be of help for us.

Thanks,
Bj

I USE " JUST ACTIVE GOLD " PLAN OF MY LINK GIVEN IN BELOW MASSAGES

TO ALL WHO WANTS TO KNOW ABOUT MY BROKER KINDLY CHECK, THISBROKERAGE FIRM IS OWNED BY "BAJAJ CAPITAL", HERE U WILL FIND AROUND 4 PLANS:-

http://www.justtrade.in/Products/Products.aspx?pageopt=JL&id=1&PId=142

ANIL G

SEL MANUFAG. IS A FRAUD CO., IT HAS BEEN OPERATOR DRIVEN SINCEITS LISTING NOW OPERATORS ARE EXITING.......

NOPOINT IN LOOKING AT SEL MANFG.

cld,

what law says:-

Section 44AB lays down that every person carrying on business, whose sales, turnover or gross receipts exceed rupees forty lakhs or carrying on a profession, whose gross receipts exceed rupees ten lakhs, shall get his accounts of such previous year audited before the specified date and obtain before that date the report of such audit in the prescribed form.

what does above mean:-
since the purchase and sale of shares are delivery based, the gross sale value has to be taken as the turnover. Therefore, if the gross sale value exceeds Rs 40 lakh, a chartered accountant must conduct a tax audit under Section 44AB. if It is understood that you are a regular trader in shares carrying on the business of buying and selling of shares.


conclusion:- i have to get my a/cs audited since my "delivery trades" exceeds rs.40 lacs in a year,its nothing big work only costs around 2000-2500 as CA fees, i cant do it myself as i m a CA too.

for lesser brokearge kindly check the following link, this brokerageis owned by " bajaj capital"

http://www.justtrade.in/Products/Products.aspx?pageopt=JL&id=1&PId=142

If the market is green till the closing date, then the FPO will easily subscribed fully. QIBs interest will be very high in this case. Atleast thats what I hope. Also retails portion will be subscribed heavily.

Some people say there are some 4.5% discount for retails. If that is the case, then people will put so much money in this FPO. Also there is no other IPO or FPO in the coming days.

Results of tata steel is going to be very good this time and is as expected by the market. Otherwise tata group wont come up with it FPO now.

Gane.

@ Gem ipo finder,, @ Durai Raj,Tirupur,, @ R B PROFESSIONAL
It is good to see that the topic of brokerage charges & its other aspects which I started has generated good interest from traders. As a trader these charges heavily effect the overall profits earned by trader. Since the charges are levied both on losing & winning trades as such it has a huge effect.

My dear Gem.

With the concept of making sell & buy frequently, your overall trading value must be very heavy say crores rupees every month. Is there any income tax implications if you trade say 10 crores worth of trade every month. I would also like to know whether there is sny smaller plan say Rs. 500 per month provided by your broking firm & trade limits allowed on this Rs. 500 brokerage per month. Other experts can also throw light on this issue for benefit of all.

Thanks

Prabhudas Lilladhar has come out with earnings estimates on the metals and mining sector for the quarter ended Dec. 2010. According to the research firm, Tata Steel's Dec quarter net sales are expected to go down by 1.25% to 25,755 crore, Year on Year basis.
The company's net profit is expected to go up by 266.6% at 969 crores YoY basis.
How will these results impact the FPO subscription and price movement?

Hello Sreedhar, Ravi Bangalore and Gem IPO Finder,

I just saw SEL manufacturing trading at 20rd (50 week high is 110) and
Southern Ispat & Energy, trading at 10rs (52 week high 48).

both the companies shows good results,

FOr Southern Ispat:
PE ratio       1.22
EPS (Rs)       8.32      Jun, 10
Sales (Rs crore)       113.24      Sep, 10
Face Value (Rs)      10      
Net profit margin (%)       2.50      Jun, 10
Return on average equity      36.2      Jun, 10


For SEL manufacturing:

PE ratio       0.97      14/01/11
EPS (Rs)       22.03      Mar, 10
Sales (Rs crore)       380.70      Sep, 10
Face Value (Rs)      10      
Net profit margin (%)       6.81      Mar, 10
Return on average equity      13.43      Mar, 10


I am not able to understand why its trading low; promoters sold there holdings.

do you have any idea?


Regards,
anil