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Maytas Infra Limited IPO Message Board (Page 2)

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sid
274. sid |   Link | Oct 24, 2007 10:08:38 PM
Maytas will likely list around 450 - 500. Markets will most likely see a substantial correction tomorrow post the SEBI board meeting, would recommend to exit Maytas on opening and pick it up again at lower levels.
imran securities
273. imran securities |   Link | Oct 24, 2007 9:57:59 PM
Maytas Infra is expected to list above Rs 500. Above Rs 550, one can start booking profits", R S Iyer of K R Choksey Securities said.
imran securities
272. imran securities |   Link | Oct 24, 2007 9:57:25 PM
"We expect Maytas to trade at Rs 40.7 bn, a year from now, translating to a one-year price target of Rs 692 per share. We recommends buy with 87% upside from the issue price, Ganeshram Jayaraman of Spark Capital said.
sameer garg
271. sameer garg |   Link | Oct 24, 2007 6:48:14 PM
what about the forthcoming issue of varun industries. please guide me whether to invest in it or not and what are the chances of allotment
ipo man
270. ipo man |   Link | Oct 24, 2007 5:53:50 PM
janak things which u are talking are completely biased and i think u have have been alloted some shares and u are becoming greedy by talking such things.please people think twice before u do any thing and people mr. market analyst has forgotten th e premiums of maytas and circuit systems i have not.maytas 130-140 gmp.circuit sysytems 5-7gmp.thank you
sub broker
269. sub broker |   Link | Oct 24, 2007 5:32:27 PM
maytas infra will list near to 600 levels -thank u
NIKHIL SHARMA
268. NIKHIL SHARMA |   Link | Oct 24, 2007 5:24:51 PM
grey market market price around 150 -155 it means it will list above 370 issue price+150=520=after 50 To 70 rs will be gain to grey market buyer in grey market) (cos thst why hes buy)=570 to 580-comon sence
370 issue price;150-155 grey price;50-70 grey buyer preium=570 to 600 listing price
IPOMASTER
267. IPOMASTER |   Link | Oct 24, 2007 5:24:49 PM
MAYTAS GMP HAS SHOT UP TO 300 AT INDORE
sanjay patel
266. sanjay patel |   Link | Oct 24, 2007 5:10:51 PM
i have got 18 share so dont sell it will list aroud 850 so dont sell
janak
265. janak |   Link | Oct 24, 2007 4:54:27 PM
i have got 18 share so dont sell it will list arout 712.20 so dont sell it will there up to 1092-1108 in a weak
rajesh
264. rajesh |   Link | Oct 24, 2007 4:35:25 PM
don't sale on listing day buy around 500-525 wait for sale
around 600-650
Rajeev
263. Rajeev |   Link | Oct 24, 2007 10:02:55 AM
Hope market is up tomorrow so that Maytas will list at a huge premium. Since 25th is F&O Close date for October expect votality.
venu lahoti
262. venu lahoti |   Link | Oct 23, 2007 11:28:16 PM
i got 36 shares of mayatas what i have to do
greymarketmaster
261. greymarketmaster |   Link | Oct 23, 2007 11:22:24 PM
likely listing @610
NIKHIL SHARMA
260. NIKHIL SHARMA |   Link | Oct 23, 2007 10:57:20 PM
Steel industry to face big iron ore price hike
23 Oct, 2007, 0700 hrs IST, REUTERS


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SYDNEY/HONG KONG: The world’s steel industry is bracing for a sixth straight year of iron ore price hikes as mining companies strive to keep up with growing demand led by China, the world’s biggest market. Iron ore prices are expected to rise 25% starting April 1, 2008, said some analysts, with some looking for a 50% hike in prices.

With the forecast showing coking coal is also on the rise, the world’s steel industry will have to decide how to deal with rising costs for its two main natural resource inputs, costs that may have to be passed on to end users.

“Markets are exceptionally tight currently, as evidenced by the surge in Chinese spot prices,” said Macquarie Research Commodities, which revised its forecast price increase to 50% from 25% this week.

“This is due mainly to booming Chinese and world steel production, the shortfall in expected iron ore production from Australians and Brazilians and slowing growth in Chinese domestic production,” the bank said last week.

Macquarie joins a swelling number of forecasters upping iron ore price predictions as major steel companies in China, Japan and Europe face off against miners CVRD, Rio Tinto and BHP Billiton. Traders said spot prices for ore from India have been rising to new records weekly, tipping a rise in contract prices of ore mined in Brazil and Australia.

Indian iron ore traded last week at $185 a tonne delivered in China, versus $160- $170 for Brazilian and under $100 for Australian term prices.

The sometimes acrimonious iron ore negotiations are the basis for industry benchmark prices and typically conclude around January each year, although at times have dragged well into the new year as tonnage levels are also established.

In this round, the issue of price differentials caused by freight rates to China from Australia versus China from Brazil, which BHP unsuccessfully tried to have addressed two years ago, is set to re-emerge , and is likely to delay settlement . BHP has argued that Chinese steel mills and other importers benefit from lower freight costs for Australian iron ore, and wants Australian ore to carry a premium to reflect the smaller shipping costs compared with Brazil.

Merrill Lynch upped its forecast to a to 50% jump from 30%. “With Chinese iron ore demand up 22% in 2007 and global demand growing at 11%, China finds itself in a weak position ahead of negotiations,” Merrill Lynch sector analyst Vicky Binns said in a report. Availability of iron ore is tighter than it was in the 2005 shipping year when contract prices rocketed 71%, Binns noted.

Iron ore prices last year rose a more modest 9.5%.

Morgan Stanley has joined Merrill and Australia’s Macquarie Bank calling for a 50% hike, citing holes in China’s domestic ore supplies and other setbacks

rafi syed
259. rafi syed |   Link | Oct 23, 2007 10:40:20 PM
i have seen this company strucutral, no problem,investment wise not bad, good project.
IPOMASTER
258. IPOMASTER |   Link | Oct 23, 2007 8:58:56 PM
AFTER TODAY'S BOOM GREY MKT PREMIUM ON MAYTAS HAS SHOT UP TO 275. LISTING IS POSSIBLE AT 650.
Dilip Prajapati
257. Dilip Prajapati |   Link | Oct 23, 2007 8:46:11 PM
aHMEDABAD.
dATE:-23.10.2007

tILL DATE NEITHER ecs CREDIT NOR REFUND BY POST/MAIL RECEIVED BY ME OF mAYTAS iNFRA LTD. BID APPLICATION NO.71970235

wHAT SHOULD i DO?
Raghu
256. Raghu |   Link | Oct 23, 2007 8:10:16 PM
Don't sell Maytas on listing day, it is both into Power and Infra. It will be another Indowind stock of returns close to 200% !!!
DINESH V. UDESHI
255. DINESH V. UDESHI |   Link | Oct 23, 2007 8:02:16 PM
I AM EXPECTING THE LISTING OF THIS SHARE AROUND RS.500 TO RS.525/-.