Is the SME issues taking a break now? I dont see any issues appearing in near-immediate-future. This will help LaxmiCot; as investors will identify the already existing SME stocks in secondary market which are multi-bagger and trading with discount to its peers.
DON''T SELL IT IT WILL BE TOUCH 30+ IN 1 WEAK , PROMOTER BUY IT AT THIS LEVEL AND NON PROMOTOR SOLD IT''S PLESAE SEE EXAPLE, OF FOCUS LIGHT AND DEV IT IT WILL BE 20% UPPER CIRCUIT TODAY LAXMI WILL BE GO ON 20% UPPER CIRCUIT
Any SME IPO under Hem if not subscribed heavily in Retail & HNI then return can not be more than 0.5 / 1 Rs. Slowly it will go in discount. It may take long long time to get some return. It''s better to exit and invest in some other scripts other than Hem''s. They will not allow people to earn money.
MORE PAIN TO COME SLOWLY SOMEONE IS ACCUMULATING THE scrip, but no big buyer... so no huge movement. not selling because promoters are good and company is available at very cheap valuations. may touch 19 or even 18. patience will be tested for sure...
Friends, I have applied for laxmi cot IPO but not allotted. But luckily I bought it on listing day at issue price 20 Rs. I will keep it minimum 1 year. It will reach 100+ . All weak investors r out of the counter now. Same thing has happened in Steelcity Securities on listing day but gone up from next trading sessions. Now Big Investors taken position in Laxmi Cotspin.
49. gala| Link| Bookmark|
March 31, 2017 10:37:42 AM
IPO Mentor (500+ Posts, 200+ Likes)
It will go negative ..... Many retailers is always a problem .... Those who have faith keep the stock .... Others sell it at 20 ... Orelse u may lose money ..... It will end negative ..... Evn down 10 15 % won''t surprise me
I have applied for laxmi cot IPO but not allotted. But luckily I bought it on listing day at issue price 20 Rs. I will keep it minimum 1 year. It will reach 100+ . All weak investors r out of the counter now. Same thing has happened in Steelcity Securities on listing day but gone up from next trading sessions. Now Big Investors taken position in Laxmi Cotspin.
49.2. gala| Link| Bookmark|
April 1, 2017 10:29:06 AM
IPO Mentor (500+ Posts, 200+ Likes)
Yes u r ryt !! Bt still not all are out bt I will 75% of ppl who are flippers are out ....
As I said Jo .... Still 25% of flippers are left in this counter soo selling pressure will be there .... Bt tats true that big positions are being taken and also I must say that fundamentals are strong .... Evn hem sec lead manager has a history where the share prices rise aftr listing soo definitely not much to worry ..... If u r in fr 15 days ... 23-24 must be target keeping 18 as stop loss
Thankyou gala..for your valueable Advise..if i make new entry in Laxmi? at 19.50 to 20 leval? and what is your view on Bohra Ltd..i got 4/13 so what can i do? i able hold it for 1 month.
Laxmi to buy will be tough call personally to give from my side ..... M nt buying m jst holding the lot ...... This decision depends on ur risk appetite and ur conviction ..... In case of bohra IND Jo ... Again many rii BT the case diff here was that it was lapped by Nii and fii .. soo surely positive listing arnd 60 - 62 .... Plus pantomath issues do great at listing day irrespective of fundamentals eg.euro India and manomay ..... My advise is sell 2 lots on listing day ... Sell the third on the next day aftr listing if u get more price and last one u can hold ..... Targets to sell first 3 shud be 63 - 70 Last one on ur own holding capacity and risk appetite .... I will end my personal holdings if reaches 70
48. gala| Link| Bookmark|
March 31, 2017 9:27:57 AM
IPO Mentor (500+ Posts, 200+ Likes)
Listing day gainers sell ur it at 21 ....
47. gala| Link| Bookmark|
March 31, 2017 9:25:26 AM
IPO Mentor (500+ Posts, 200+ Likes)
As I said alot of retailers applying is always risky coz they tend to sell on listing day ..... But nothing to worry once that weak hands are out the stock will get ready fr a fast rebound ..... Mainly above 20 closing is important .... Target of 24 sureshot
Looks like admin of this site would have auto set the below email to be sent to all members on 30th March 2017 at 8.31 PM........ :p
"2. Shankara Building Products Ltd IPO Allotment Status is now available online
Allotment Status is now available online for Shankara Building Products Ltd, retailers of home improvement and building products in India. Issue was over subscribed 41.88 times (15.35 times in retail). The equity shares of Shankara Building Products will list on BSE and NSE"
It will definitely list at upper circuit. NAV per share is 25.16 (refer page 72 of Prospectus). Also PE for Laxmi is 10, and average of industry is 20. No Promoter selling shares. Only non-Promoters are exiting to book profit. Hold it for one-two week and see it trading double, just like Airan is almost double in one week.