Shipping Corporation of India Ltd FPO Message Board (Page 13)

6.45 times till 6 pm

jabardast bidding speed hai...

apply in full load to get good returns...

share to zoom tomorrow.....

ipo may be fixed @ lower than 140/-

UPTO 5PM
QIB-4.19
NII-3.67
RII-5.75
EMP-0.14
TOTAL-4.64

356. KK Natarajan

Koutons Retail is a company in bad situation. The sharp fall in sales and profits was because the company closed many stores in first quarter.

Book value 165, P/E 3.2.

The company has reported a profit, but the inventories have not gone down. To reduce debt, the company has to liquidate its inventories. See its financials in moneycontrol.

Against a Q2 sales figure of Rs 162 crore, the company has reported inventories of Rs 680 crore- i.e. company is holding inventories equaling one year of sales. This is too high.

The company doesn't have any other assets that can be sold-off to repay debt. Until the company starts reducing its inventory levels, financial recovery looks difficult.

Promoter Bhupinder Singh Sawhney, has sold 201752 shares in Nov @ 64.11. That's bad news. Either a margin call got triggered or the promoter himself has lost faith in the company.

In 1992 Harshad Mehta scam, old economy stocks lost 90% of its value & regained its peak only in 2007, i.e. after 15 years. In 2000 IT scam, Infy, Satyam, Rolta lost 90% of its peak & regained its peak in 2007 (after seven years). Some stocks never recover eg: Rolta, Himachal Futuristic.

In 2008 sub-prime crisis, real-estate & Ambani Group stocks (RCom, Adlabs- now Reliance Media) etc. lost 90% & may regain in seven or 15 years or never recover. But, investors who just bought real estate & scam tainted stocks based on number game (that is lost more than 90%), it gave four or five times return in just two years. After substantially bouncing-off from life-low, fundamental analysts gave buy call which was too late to reap rich gain.

Similarly Koutons life high is 451 & could fall to 451*11% ~ 50. In monthly chart, 59 & below 37 or good buying areas in two phases for a target of 85, 90. It is number game. Don't trade for intra-day in such stocks.

The company seriously needs to do something about its inventories or it will collapse.

about

nse = 93849200 5.25 pm

+

bse = 52271000 5.23 pm

+
Price Bids = 28725550 5 pm


= total = 174845750 / 29493547 = 5.928 time about

Sub. Details at 5 pm
QIB 4.19
RII 5.75
Retail 4.86
Overall 4.64

@ Gane & Srini
I even sold one lot of 297 shares of PowerGrid today @ 99.90 now I have one lot of 296 shares. So what's your advice about to hold or sale on monday if price reach above 102.

Srini,

yes I have noticed the price of powergrid. I think you can wait for the powergrid price to settle above 100 to sell the available 100 shares. I am still having 297 shares and waiting for the target.

Lets wait for the next IPO like L&T finance, Punjab & Sind bank, One97.

Gane.

any views - retail subscription touching around 4 times...is it good sign?

Dear Gane,
Even I did't applied for SCI. BTW powergrid is going strong, today it crossed 100, I should have kept those sold 494 shares, anyway holding 100 shares.
Srini.

now near 6 timeeeeeeeeeeeee

Breaking News:
MOIL shares to be listed on December 15
http://www.moneycontrol.com/news/ipo-new-listings/moil-shares-to-be-listeddecember-15_503142.html

APPLY IN LOAD TO GET GOOD RETURN...
THERE IS A HOPE THAT GOVT WILL FIX PRICE @ 135/- THAT WILL GIVE ADDITIONAL 5 RS. PROFIT TO THE RETAILERS...

ALSO 5% DISCOUNT IS THERE...

STRONG POWERGRID TYPE SHATE WILL NOT FALL BELOW 140...

SURE SHOT PROFIT....

Sreedhar and Srini,

I did not apply in SCIL. Mainly I was watching the market for the whole week. I did not buy or sell any scrips this week mexcept 2x1L application to MOIL. I am still holding LIChousing. Lets see what happens next week.

Gane.

thanks a ton mr.351. Divyrajeshm......u had done a grt job to tell the latest sub.fig. of shipping fpo........could u kindly guide me in tracking the for future issues.......thanks in advance for tht..

Sold my earlier positions in SCI as it did not go up today. Probably LIC and SBI said enough is enough. Bought Koutains Retail in which stop loss got hit. Bought DB Realty which is locked up in 5% upper circuit. Thus the week ended!

M.GUPTA DO NOT MIS LEAD ,NO ONE WILL EVEN GET RS. 3000/ IN SCI IPO

RETAIL SUB. BY 5.15 TIME TILL NOW...IN SCI FPO...

RETAIL SUB. BY 5.15 TIME TILL NOW...IN SCI FPO...

total retail's 4.1 times.

about

nse = 74667850 4.15 pm

+

bse = 42075750 4.20 pm

+
Price Bids = 27546400 4 pm


= total = 144290000 / 29493547 = 4.89 time about