Coal India Limited IPO Message Board (Page 209)

MICROSEC FINANCIAL SERVICES..GREY MARKET STARTED..IPO OPENING ON 13/09/10.

Singh,

Before buying ETFs, you need to know its limitations also.

ETF means you own shares in gold, but not the gold itself. It is like you own shares of bad comapnies in case of financial crisis. Is that a problem? It’s not a problem at all if all you’re wanting to do is profit from price movements in gold. If your primary reason for buying gold is to hedge yourself from a large wide-scale monetary crises, you would be wise to consider buying physical gold bullion rather than the ETF, or at least in addition to it.

The reason if there was a large scale monetary crises in globla market, it’s very possible the banking institutions that are controlling these Gold Bullion ETFs could become bankrupt or insolvent. As a result they would likely end up selling ETFs at throw-away prices like stock.

Singh

It is better to buy Gold ETFs rather than physical gold coins from Banks or reputed/ branded jewellery show-rooms.

Banks don't take-back gold when you really need it. If you keep in lockers, you need to pay bank charges. Jewellery show-rooms deduct some amount in case you want cash.

If you buy Gold ETFs, you pay only brokerage & nothing else. Liquidity is high, just like shares, you can buy or sell in seconds.

SIP is better than lumpsum investment to avoid bad timing. You should make lumpsum investment only when it hits double or thrible freeze in commodity exchanges. It is common sense that you should buy Potato when it thrown to streets, or gold or silver when traders sell mindlessly or when TV analysts give a target of $5 for crude oil.

When analysts give a target of $2000 for Gold, then that is a bad time for lumpsum investment.

Hi Sreedhar / SJ / KK

what do you think are the long term prospects of Orient Green Power & basically all green power projects in India ..especially considering the importance & value of internationally traded Carbon Credits earned by industries

To: 26. vivek jain / 21. Retail Investor

From: SEBI

Noted.

In our country, lot of black money exists. Economy is growing & spending power increased due to 5th Pay Commission for Government employees, & industry boom for private sectors.

Poor will not invest in stock market where scam is reported every two years.

Our country may be poor, food grains in ware-house are rotting. However, we have launched rockets to moon. That means, BOOOOOOOOOOM, I N D I A, BOOOOOOOOM, BOOOOOOM, BOOOOOOOOOOOM.

In addition, we are under pressure from HNIs. Hence, we are sorry to inform you that your request cannot be considered.

DEAR SIRS
PLEASE DO NOT INCREASE THE RETAIL AMOUNT FROM THE PRESENT RS 1 LAKH TO 2 LAKH.
FIRST OF ALL EVEN I LAC IS A BIG AMOUNT FOR US.IF YOU REALLY WANT THE RETAIL TO PARTICIPATE IN IPOS JUST INCREASE THE PRESENT LIMIT OF 35% TO 100% . YOUR PURPOSE WILL BE SERVED. I HOPE YOU WILL GO THROUGH MY PROPOSAL. I HOPE THERE IS NO PRESSURE FROM ABOVE ( SOME INTERESTED AND POWERFUL PEOPLE AS ALWAYS FOR WHICH YOU CANNOT BE BLAMED) TO INCREASE THE AMOUNT FROM RS 1 LAC TO RS 2 LACS BECAUSE NO ONE THINKS FOR THE HAVE NOTS.
REGARDS
INVESTOR

to RBA a.k.a owner of similar posts..........

one retailer in different names. This is the problem with our country!!!!!!!

Thers is absolutely no problem in raising the limit. The alottment is only proportional. One will get proportional shares of the appln amount.

The present appln are mostly at higher end. 75-80%. Are they not retailers? The game is only flipping. Every one wants more shares and flip on listing day and enjoy the gain. They are not real long term investors. Real investors may be only a few (abut 10%)

In share market one can gain proportionate to the nvestible amount he posesses. one can also go for mutual fund in SIP for long term wealth creation. This is what genuine retail investor does.

SEBI has taken the right step for making big issues from govt and others through.

SEBI@SEBI.GOV.IN

friends pls send as many mails to sebi@sebi.gov.in,just cut and paste it will not take much time,pls do its for our benefit.

SEBI's Email Adrresse:

sebi@sebi.gov.in

DEAR SIR,
RE-HIKING RETAIL QUOTA FROM RS 1 LAC TO RS 2 LAC

IF YOU WANT MORE RETAIL PARTICIPANTS IN IPOS/FPOS WHY DONT YOU INCREASE THE ALLOCATION FROM PRESENT 35% TO 70%? THIS WILL RESULT IN MORE SHARES GETTING ALLOTED TO RETAIL AND MORE PEOPLE WILL PARTICIPATE IN IPOS AS THEY WILL STAND A CHANCE TO GET SOME SHARE ATLEAST. QIBS, FII 'S WHO HAVE MONEY POWER CAN BUY FROM THE SECONDARY MARKET ONCE THE STOCK LISTS , THIS WILL RESULT IN HIGER VALUATION AS WELL, FURTHER IF YOU INCREASE THE QUOTA PROMOTERS/MERCHANT BANKERS WILL TRY TO MODERATE THE ISSUE PRICE AS WELL AS RETAIL IS VERY PRICE SENSETIVE.
NO PURPOSE WILL BE SERVED BY INCREASING THE APPLICATION LIMIT FROM 1 TO 2 LACS, FURTHER HNIS WILL EAT INTO OUR QUOTA. PLEASE THINK BEFORE ACTING
REGARDS,
investor
send it please

Dear investors SEBI has asked for objections before 03/09/2010 on hiking retail limit from 1lac to 2lac . Send as many as possible no. of objections to all the following mail IDs to prevent HNIs getting into RETAIL QUOTA &heavilly oversubscribing the retail quota of good IPOs.
sebi@sebi.gov.in, Email, Email, Email, Email, Email, Email
Sir,
Kindly lodge my opposition on the proposed hike in maximum allowable amount for IPO application in Retail Quota on support of following points :

1) In India Per Capita income is around Rs. 44,000/- & saving rate around 20% of it which is around Rs 8,800/- per year only . By definition Retail Investor is an investor from common people. And a common man does not have Rs.2,00,000/- to apply for shares in a single IPO .

2) On comparing no. of Applications of full amount which is presently Rs. 1,00,000/- to that of lower amount shows that there are more Applications of less than full amount .This indicates that most of applicants do not have even 1,00,000/- Rs. to apply in an IPO.

3) If limit is raised from present level , then HNI type of investors will start applying in Retail category with application of Rs. 2,00,000/-. Thus blocking small investors from getting shares in IPOs of good smaller size Companies.

4) Many small investors, even now, many small investors do not apply in good small sized IPOs because they know that there are very low chances to get allotment on there application of lower amount due to large oversubscription caused by Applications of Rs 1,00,000/- . Hiking limit to Rs. 2,00,000/- will further discourage such small investors.

Limit should be hiked only for large IPOs of size more that Rs.1,500 Crores (if the hike is necessary) . So that Actual Retail investor can get more shares in large IPO if he wants & simultaneously he is not barred from getting shares in small / medium size IPOs.
In interest of a common man, please do not hike the limit , specially that for small & medium size . Regards .
A Common Man

SEBI has asked for objections on hiking retail limit from 1lac to 2lac . Send as many as possible no. of objections to all the following mail IDs to prevent HNIs getting into RETAIL QUOTA &heavilly oversubscribing the retail quota of good IPOs.
sebi@sebi.gov.in, sebinro@sebi.gov.in, sebisro@sebi.gov.in, sebiero@sebi.gov.in, sebiwro@sebi.gov.in, sudeepm@sebi.gov.in, sanjayp@sebi.gov.in
Sir,
Kindly lodge my opposition on the proposed hike in maximum allowable amount for IPO application in Retail Quota on support of following points :

1) In India Per Capita income is around Rs. 44,000/- & saving rate around 20% of it which is around Rs 8,800/- per year only . By definition Retail Investor is an investor from common people. And a common man does not have Rs.2,00,000/- to apply for shares in a single IPO .

2) On comparing no. of Applications of full amount which is presently Rs. 1,00,000/- to that of lower amount shows that there are more Applications of less than full amount .This indicates that most of applicants do not have even 1,00,000/- Rs. to apply in an IPO.

3) If limit is raised from present level , then HNI type of investors will start applying in Retail category with application of Rs. 2,00,000/-. Thus blocking small investors from getting shares in IPOs of good smaller size Companies.

4) Many small investors, even now, many small investors do not apply in good small sized IPOs because they know that there are very low chances to get allotment on there application of lower amount due to large oversubscription caused by Applications of Rs 1,00,000/- . Hiking limit to Rs. 2,00,000/- will further discourage such small investors.

Limit should be hiked only for large IPOs of size more that Rs.1,500 Crores (if the hike is necessary) . So that Actual Retail investor can get more shares in large IPO if he wants & simultaneously he is not barred from getting shares in small / medium size IPOs.
In interest of a common man, please do not hike the limit , specially that for small & medium size . Regards .
A Common Man

What future of NHPC,Ril,Idea Cellular,Parsavnath, Rpower,Mundraport,Edelwiess Capital

SAIL FPO likely to come in Jan 2011

Dear Sreedhar,
I thought the recovery of Prakash from about 202 levels in the afternoon was due to covering of shorts. But the fact that there were plenty of sellers after market closing hours and they have all been absorbed makes one to think that there are operators in it and so it may not go down the Aster Silicates way soon. But definitely it does not deserve this kind of valuation. Let us wait and see.

oriental bank of commerce ma mare OD account 6..netbanking thi ASBA application thai sake ke nahi how to proceser app.for ASBA app...answer me

I just hope this is a good issue ... finally life is on hopes

Dear Natarjan,I am expecting market to touch 5000 levels by october definitely becos of Coal India IPO & global factors.It will suck liquidity & I am waiting for 850 levels for Reliance.Playing covered put strategy since it has broken 950 support .Today I bought Reliance 1 920 put at 26 & sold 2 880 puts at 13.4.My cost is nil ,max profit of 10000 per lot at 880 & loss starts only below 840.Anyways as I am thinking of buying Reliance at 850,I have opted for this strategy.

Dear Natarajan,
I think Prakash will settle down at whatever price it wants.Unlike Aster whose fundamental value is around 50-60 this has value.Its value ranges from 100 to 250 if you compare it with its peers.Its peers have diverse PE from 8 to 25.So we can't give specific multiples for it.They are guiding 40 percent growth for next 2 years,so its OK.That was the reason I took a chance with Prakash IPO.
Anyhow I liked its performance today.It is refusing to break down.Today was the ideal day for breakdown but the fact that it recovered from 202 shows it has steam left.Even after market closing there were plenty of sellers but they were easily absorbed.So I have still my 360 shares left in Prakash.Hope it sell it tomorrow at some profit.
Prakash was good to me like EIL,All the bets came true.Thanks to it.