Today approx 11 lakh shares traded today till 12 am. Highest volume after listing day(17 lakh). Most of retail investor have sold their shares today I think they were waiting for circuit to open. I am still holding 2 lots. I will sell one lot near 275. Rest will be kept for long term. I am surprised that GAMBLE also sold his shares in pre opening in panic. He is a veteran investor.
Do not try to jump for buying apex...once it starts it lower you will burn your hands...if you want to invest wait for circuit removal...sep 18th you know the real strength
don''t sell guys... wait nd hold....our price expectations will be achieved if we don''t panic....just wait....nd it will close at uc price around.....keep patience nd let''s just turn the game around...
While putting up sell order for APEX it showed me following message " This is TT Segment share, Buy and Sell will be considered a separate delivery transaction" Whats it supposed to mean?
buy orders almost equal to sell orders now.. unless retails panic sell should stay above 247 comfortably today and more likely close near to UC today. try to sell 15% holding today close to UC price but use limit order when price is close to your expected price (in my view Rs1-2 doesn''t make much difference for retail). Also monitor bid/offer volume before placing order.
friends, remember that till yesterday buyers were queuing upto buy @245.45 but we''re not ready to sell. today after hitting UC @257 because we''re too eager to sell at any price that has brought it down close to LC. if we go about selling slowly and when there are more buyers price will stabilize. At the same time expecting UC after UC is also foolish but then selling in panic thinking of LC after LC is more so.. Happy investing
Despite of negativity... Expectations were only 1 FD gain but APEX givin 3 FD and allotment ratio was also good. I might sell half tomorrow..!! no point of selling today as 5L+ buyer
16. gamble Aug 22, 2017 7:59:56 AM IST Reply Apex Frozen Foods Ltd IPO
Apex frozen
.....ApPly. .........
Revenue CAGR 29%(2013-17) PAT CAGR 27%
Ronw = 25% Long term D/E = 0.26
What else u need !!
@175 PE 17
Aquaculture more or less consistently growing business
With CAGR 27% .....25-30 PE is reasonable
i.e 25PE =250 price
Conclusion :
@175 Apex providing good value investing opportunity. Listing gain should be more than FD(imo) Midium term 250 is fair valuation.
Rii 38K forms reqd for 1x.. .due to negativity among rii segment let''''s hope allotment ratio comes near 1/4 to 1/5 .