Punjab & Sind Bank IPO Message Board (Page 3)

Ab city bank may 400 carors ka gotala, satayam kay rajo nay kajo bana diya, jai ho raja 2 lakh carors ka 2 G gotala, hdfc mf kay officer dwara insider trading gotala, rastra mandal gotala, Lic houseing finance gotala, jisko dekho chala a raha hi indian public ko loot lay ja raha hi, na koi kanoon na koi capital panishment ,inka khoon khoon, public ka khoon pani, lakin phir bhi jai ho india .

After burning my hands in Moil, i made it clear two things in my mind, one is the banks stocks are dumped in the last fall and had not recovered much till now, so i just want to be careful, another is if anything bought on opening bell, should be sold on the next second itself, but i was clear that i am not going to enter above 150 and i had placed order only for 10@144, but when it hot executed it was at 142.5 and thereon it went to 130, so i just bought another 10 only at 133 and exited the counter, thinking to sell them in future and today i sold hanung, which was bought yesterday and bought 50 of Marg ltd(it was yet another beaten down stock like hanunI, having great potential than hanung and now it is trading at book value too) and at closing bell, bought 50 Rec ltd, as it has shown a bullish trend

PSB turned out to be a damp squib!
But one service these public sector IPOs and FPOs that came after Coal India are doing. They are helping in driving the mushroomed retail investors away!

Hi Guys,

Check the link below. An overall forecast of the IPO's launched in 2010. Public Sectors IPO on the Top.

http://www.rediff.com/business/slide-show/slide-show-1-two-third-of-the-cos-listed-this-year-trading-in-red-bse-survey/20101230.htm

Thanks,
GreenHorn

Media is the best person to discuss on this issue and by media print media as well as news channels), this can go to SEBI and Govt and they will take necessary action. Hence, if anybody is having any known reporter in any financial newspaper, write to them and similarly convey the message to financial news channels like CNBC Awaj, CNBC TV 18, NDTV Profit, Zee business etc.

Those having contacts with media people, come forward and join hand.

Hi Sreedhar

I entered P&S bank at 126.60, is this a good one to hold?

Shek

On a review of data available in "Bais of Allotment" published, it is noted that the IPO was subscribed in Retail category--

(a)15.08 times only in 434988 Applications from 50 shares (Rs 6000) to 800 shares (Rs 96000)

(b)28.12 times in 248758 Applications from 850 shares (Rs 102000) to 1650 shares (Rs 198000)

It is astonishing to note that 179819 Applications were made in 1650 shares (Rs 198000 category. This category alone over-subscribed the entire quota for Retail Investors by a whopping 22.31 times

As many Boarders voiced, SEBI has done lot of injustice by doubling the maximum limit to Rs 200000 without corresponding increase in 35 % retail quota

How do we all Retail Investors go about ?

I am observing that since a month more voices are raised against 2 Lacs Limit....But there is not any joint effort,I have mailed it to Sebi,and hope that everyone who is concerned should do the same,lets not take the things as these are OR If possible lets make a joint front with the help of other investors who are part of investment sites Like money control Religare,eldeweiss,Kotak et al.

2 lakhs ki limit ki wajah say ipo market ki death ho chuki hi , profit 800 lose 20000 , retalers ipo market say hut jao SEBI and govt. ko kalnay do, new govt. ka wait karo.

DEAR SREEDHAR

CHECK THIS LINK. ANYTHING NEW?

http://www.thehindu.com/business/companies/article1016063.ece

Onething everybody eager to know is subscription detail of shekhawati. The issue is closed noe but when the fig will be out ?

Dear Gane,

Not exited, put stop loss at 124.5 for 50 shares and other 50 shares are waiting for some spike. But not bought any new shares.
Srini.

Dear Srini,

Did you already exit or still holding?

Gane.

1326. SkDash,
What discussion you want, if there is any information then people will discuss, otherwise what is there to discuss.

THANX SREEDHAR, GOOD ADVICE.

So much of discussion on PSB. Lets close the matter and think about Shekhawati and C Mahendra Export. Boarders-pl decide yr mindset on PSB. Decided to sell-------SELL. Decided to hold--------HOLD.

Dont worry, be happy

Yes Vishal,
Thats why I have gone for the safer approach.Shorted at 180 & sold 180 put at 8..I will get 8K per my trade & I am safe till 188.This I think is best & safest trade.

Sreedhar,

I think SAIL FPO should come in Feb. Feb future discounted price is indication of that, though FEB Future series is not liquid.

Disaster listing never expected this listing after retail catogery was over subscribed 45 times. This is seems to be big players are making fool of retail investers.I think Government should involve in this issue and make a solution.Either they should reduce the retail limit to 1 lac or they should increase the proportion to 50%.Dear sreedhat you should lead the team to making this possible.Regards Thiru kumar.

Raising retail amount to Rs.2 lakhs is to make huge disinvestment issues successful. They are worried about disinvestment success and not retail investors' loss or meagre profit. 35% reservation is based on the false logic that 65% to QIB etc. who are more capable of deciding the pricing of book building process. Earlier most of the new issues are without premium @ Rs.10 and the resultant loss was limited to Rs.10 per share and because of the current book building process the possible loss to investors could be in hundreds and thousands per share. Now through this logic of pricing, corporates and disinvestment beneficiaries are getting huge unreasonable premium and investors are incurring loss in most of the IPOS and good gain is very rare and profit from most of the IPOs are meagre. The real reason for this madness is that the available investable amount is huge in most of the countries and quality channels for risky and non-risky investments are less. Demand and supply theory plays the role here.