Rural Electrification Corporation Ltd FPO Message Board (Page 5)

NHPC lutaro ke navratan co, sick factory, indian public ka koon penay wali psu co.

Hi Saharanpuri

Go for it. 3 rs discount to retailers .even if there might be not much gain but it will not fall below 66 rs.
It will be a slow mover stock but you can invest in it.

77 TC

CONGRATS ON THIS PRESCIENT CALL ON REC.I find your messages very sage n informative.I was lucky enough to put in 5 full applications at last minute

Whats your take on United Bank?

Hello......

Just read my comment no. 68.. I told every one to apply to this IPO.. See the gain... 224-203.. Net 21 rs. gain.. N its not end..

Regards,
Bhavik

price touch 237.90

PRICE IS TOUCH 222.55 ENJOY INVESTER.!!!!!!!!!!!!!

Coverage of all TV channels for REC issue was negative which misguided the retail investor. REC will have EPS of 23 for FY ending March 2010. It has come down from a high of 274 because of FPO hence the issue price should be compared to High and not market price. 75% of issue proceeds go to the company and hence enhanching its financial position. NTPC trades for similar price as REC with half the EPS. REC is a good buy even at today's market price of 216-218. So if you have missed IPO buy from market.

At what price Rec Ltd shares will be given to retailers?

will the retai portion of rec be added to hni or qib?

While HSBC will get all the 1000 crore worth of shares @ 206 it bid for LIC will not get any share even though it bid for 3000 crore worth of share as its bidding price of 205 was 1 rs less.This is the beauty or curse of french auction method.Hence the reason for poor response in NTPC & REC.

Fidelity Rs 1,500 crore @ 206
LIC will get ZERO allotment….@ 205
HNI 1.9 times…..so expected short covering tomorrow.

PRICE Quantity(Lakhs)
215 21.40
210 3.40
208 10.57
207 221.20
206 1658.03
205 2326.01
204 447.63
203 663.88

cONGRATS TO ALL retail investors who applied .

Full allotment & a price of atleast 10-20 rs plus at the time of allotment.
See EPS will be 22 rs in 2010 & 25 in 2011.A conservative pe of 10 will give u a price of 220-250.PE of PFC is already 12.so u see for yourself.
ON BV casisi as well price shud be 240 when cpmpered with pfc

REC
QIB:5.6
HNI:1.7
RETAIL: 0.2
ALLOTMENT FOR QIB AT 206/207 LIC WONT GET SHARE SINCE IT BID AT 205. FII ALONE BID 1X OF ISSUE. NOW FII'S WILL TAKE CARE OF REC PRICE TILL ALLOTMENT.

AS I TOLD EARLIER, BETTER TO GET LITTLE PROFIT ON FULL SHARES( e.g COX,JUBILANT, DB, AQUA) THAN BIG PROFIT ON LITTLE SHARES(ARSS,MAN ETC)

If any positive things come out of budget related to power sector or power finance.One can fond REC trading around 300.

Total Issue Size 171732000
Total Bids Received 123537360
Total Bids Received at Cut-off Price -
No. of times issue is subscribed 0.72

this month it is going to touch 200

hi any updates on rec subscription details latest

I AGREE WITH TC BUT THERE IS A GREATER RISK AS WELL IN REC

I disagree with all regarding this ipo. I am 100% sure all thos who apply in rec which gain heavily.
this will be quite opposite to what you see in NTPC.

Please rememeber when everyone was negative on jsw energy it give more than 15% return to retail investors.

invest in huge quantities to earn .
please chek my 100% success in ipos and fpos earlier predicted apply in cox and kings,infinite,jubilaint and arss
and not to apply in thada jewellery,vascon engineers

MANISH, it will not be subscribed in full in retail portion so whatever u will apply u will get full allotment, i m sure u should not invest in this ipo as coming days will see nifty to 4300-4500 where listed stock will plunge more than a real ipo.....