Subscribe to MOIL. Yes, its a safe bet in the current market. But don't expect subscription levels to be low. People think on similar lines. I expect it to get subscribed around 10 times in retail. Don't be surprised if it gets subscribed around 15-20 times. Don't invest looking only at the grey market premium. Remember Reliance Power?
ABCLIKS Says
Any take on MOIL IPO ??? Seems like n apt investment in this turbulent market... Trading at 50-60% premium in grey market Hope jyada subscribe nahi hoga
Subscribe to MOIL. Yes, its a safe bet in the current market. But don't expect subscription levels to be low. People think on similar lines. I expect it to get subscribed around 10 times in retail. Don't be surprised if it gets subscribed around 15-20 times. Don't invest looking only at the grey market premium. Remember Reliance Power?
Yup....GMP is certainly something not to be taken seriously. But 60% premium Thats huge. Reliance Power cant be compared here. When it come out with IPO, it was just on paper. See the past performance of MOIL.... Almost 50% Margins Its better than COAL India, I think. If its subscribed only 10 times in retail, it actually is a reason to celebrate Few brokers are expecting for subscription around 30 times in Retail and almost 150 times in QIB :o. No use if it gets subscribed like this. Everything will be clear on 1st December...
Don't compare MOIL and COAL just on the basis of margin. One should also look at the industry.
Ha ha...plz dont take those two sentences of mine connected with each other. My fault, I framed them like that. Comparing COAL India and MOIL is like comparing apples with Oranges I only meant to say it will give even more returns than COAL on listing day. ( For the record, COAL gave 40% returns ) Again thats just my opinion.
Ha ha...plz dont take those two sentences of mine connected with each other. My fault, I framed them like that. Comparing COAL India and MOIL is like comparing apples with Oranges I only meant to say it will give even more returns than COAL on listing day. ( For the record, COAL gave 40% returns ) Again thats just my opinion.
how much will get alloted for moil. i have applied for 153 shares. how much will i get at the end.
Divide the number of times you've subscribed by the final number of times subscribed in retail category. If its less than 17, then you'll get minimum 17 by lottery system. If its greater than 17, you'll get around that many shares.
svswift Says
how much will get alloted for moil. i have applied for 153 shares. how much will i get at the end.
im out for a while....in between der is nice allotment and listing of powergrid corporation......im still holding my position for d target of 105 rs in month or so.......oveall nice profit
MOIL offers attractive valuation.....seems ppl r pouring der money in double speed....:o so one can expect an allotment of single lot (if dey r lucky )
SCi opens right now for subscription.....i find it ok ok.....so wont be putting my money SCI just to play dat 5% discount game.....sometimes its good to be conservative in volatile market....
one97 coming in next week.....i find it interesting......let see hows d things ill be pan out........
anyways......dats all for today......happy investing
don't gamble , play wise......its not dat difficult to make money in stock market.........
I think the Sensex will go around 18k mark during mid December, mainly because of FIIs moving out. Will it be a good time to purchase new stocks?
Any views?
FII may or may not move out.. but if you are seating on good amount than you should start buying for at least for 30%. Keep other liquidity for correction.
Though market today have seen +Ve but m expecting at least a 15% correction from here. Lets see what happens.
Any particular reason for suggesting these two companies? Would prefer Renuka to Dhampur since management is good, will benefit if exports are allowed and various other reasons.
There are many good companies available in the market than Abhishek. For instance, Punj Lloyd and Everest Kanto. Please do your own research before investing and invest if you're convinced. No offence.
Disclaimer: I own Punj Lloyd and Renuka. Intend to buy Everest Kanto.
razeish01 Says
buy...dhampur sugars n abhishek industries for short term ...will provide u min 10% returns...!!
A2Z Maintenance & Engineering Services Ltd - avoid ( im in doubt cuz of expensive valuation....n somebody told me if u r in doubt , dont take any decision....so its better to miss )
note : try to ignore rakesh jhunjhunwala effect....cuz at d end its our money
Punjab & Sind Bank - looks interesting......
happy investing.....
n ha....sold my half shares of powergrid at 100.....rest holding for d target of 105 + ........:biggrin:
When everyone leaves the ground you should stay and start playing the game may be defensive(keeping some money in hand) for some time. But dnt leave. Dats how i started learning from A to Z!!
This the time when we should start investing. I remeber at mahurat trading when RJ said "dnt trade weather u r reatil investor or small investor...jus invest. May be go for SIP..but dnt trade"....and here is d situation after diwali
We have got an awesome opportunity today All small caps and mid caps available at 30-40% discount of their recent highs My picks - Delta Corp @ Rs. 80 a piece JSW Holdings @ Rs. 1250 a piece..
Hope jyada subscribe nahi hoga
Hope jyada subscribe nahi hoga 
Few brokers are expecting for subscription around 30 times in Retail and almost 150 times in QIB :o. No use if it gets subscribed like this. Everything will be clear on 1st December...
