From tomorrow you can sell if you want to sell, i will hold for some more days.
265.4. Takamichi| Link| Bookmark|
December 20, 2022 10:58:00 AM
IPO Mentor (800+ Posts, 700+ Likes)
@denim yup some broker allow on t+2 days too.... May be there internal mechanism but zerodha r very strict on these rules..... At times there is settlement holiday in between which zerodha follow but some brokers even count that into t+2 days..... These things r particularly seen in full time brokers
@denim, I bought thinking it has some value being an OEM supplier if they use the ipo money, I would expect better results in coming half yearly. In SME very difficult to judge. But when kore can go 200 and containe tech to 100, Arham has the potential to do well in short to mid term
@Irs, Minimum 200 by next results (expected great results as per investors con call). some profit booking and consolidation, soon will stabilize around 170. PF stock for those long term investors.
259.1. Takamichi| Link| Bookmark|
December 15, 2022 8:51:49 AM
IPO Mentor (800+ Posts, 700+ Likes)
If it comes to that sure.....i had my bid at 58 .... What r u thinking?
259.2. lokes| Link| Bookmark|
December 15, 2022 8:53:56 AM
IPO Guru (4300+ Posts, 5100+ Likes)
I am unsure...since not sure about company future performance and growth....this demand mainly looks due to huge subscription....lets see how it goes now...
259.3. Takamichi| Link| Bookmark|
December 15, 2022 8:58:15 AM
IPO Mentor (800+ Posts, 700+ Likes)
I am also skeptical as it's gmp was based on subscriptions similar to Ambo agri.... If i compare ambo and arham to pritika....though pritika is struggling and had just one UC unlike ambo which had 3 but i will prefer pritika over ambo and atham due to segment.... Did u sell pritike or did it hit ur stop loss 38.5?
259.4. lokes| Link| Bookmark|
December 15, 2022 9:16:18 AM
IPO Guru (4300+ Posts, 5100+ Likes)
I sold pritika yesterday when it was going down again yesterday...stoploss already removed back since in LC UC it don't work..... Even if its being good, it was not performing as expected so i thought better to book some loss and come out for now else losses may increase and need to hold for longer to see further results...
@Lokes, What is the strategy for Ambo if you are still holding it?
259.6. lokes| Link| Bookmark|
December 15, 2022 10:35:36 AM
IPO Guru (4300+ Posts, 5100+ Likes)
@govindS: i sold it yesterday morning at 39.5 after one UC....wanted to take my profit whatever left as already missed to sell at higher levels...today its cricuit is open, you may hold and wait for some days to see further momentum with some stoploss around 36.1 levels....and try to sell around 42-44 levels if coming...
I have VITAL - 1lot, regularly it is going down. Is it good to hold (or) better to sold.
259.9. lokes| Link| Bookmark|
December 15, 2022 10:32:35 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@hitsur: i have posted my opinion on vital in my reply on vital page as below:
>>>>>>>>>>>>>>>>>>>> going forward company may post better results after utilizing ipo money....they already did capacity expansion in recent times.... @milap: can't say about short term but in medium to long term, it should perform well in my opinion, may be need to wait for next results to see growth.... if someone can't wait for longer then they can sell in little or no loss, if it comes again around 155-160 levels in short term.... >>>>>>>>>>>>>>>>>>>>>>
Still i have same above advice/opinion, and after above post, it went upto 165-170 also once then came back down again....so whoever couldn't wait for longer they could have sold ideally. And always keep some stoploss else like many shares as naturo indiabull, fone4, jfl , prices may keep going down....but here in vital, it may take some time in consolidation before moving up and we may need to wait till next results also for trigger....i am still holding my 1 lot here....
people's praying for allotment nd they were so much happy when they got allotment
but on the day of listing i see so many orders at lower price
is it effect listing?
i see similar thing in unipart too
256.1. Takamichi| Link| Bookmark|
December 15, 2022 8:50:58 AM
IPO Mentor (800+ Posts, 700+ Likes)
There would always be buyer at UC and sellers at LC...... Even worst of worst ipo there would be buyers at UC.... So thats how equilibrium pricing works..... Nobody wants to exit at loss but many want to leave at any price they get and that's why they put sell order at LC to ensure their order would be executed in all the cases
247.1. lokes| Link| Bookmark|
December 14, 2022 9:15:25 PM
IPO Guru (4300+ Posts, 5100+ Likes)
Gmp looks went down here... Listing may be around 75-80...book profit if getting around 85 or above levels and buy around 68-70 or below levels... Financials are increasing but as per latest results, ipo is fully priced already at issue price....and this segment has good competition so can't say about future growth here in sales...Be careful for new buying at high prices and take risk as per own capacity to hold with some stoploss...better be safe than sorry as per recent other SMEs trend....
247.2. Takamichi| Link| Bookmark|
December 15, 2022 1:16:32 AM
IPO Mentor (800+ Posts, 700+ Likes)
Looking at the post listing effects in recent IPOs, it's better to buy much below gmp to avoid major downside..... The sector like these don't have much of futuristic value and run totally on current profit..... Would buy if lists around 60.... Should have followed my intuition and analysis with pritika to buy near 36.... Won't make that mistake here...
247.3. lokes| Link| Bookmark|
December 15, 2022 8:19:35 AM
IPO Guru (4300+ Posts, 5100+ Likes)
Yes gmp even went down more yesterday...so listing can now be around 65-70 only as most people are afraid to buy in preopen due to downtrend in recent sme's....