Aster Silicates Ltd IPO Message Board (Page 2)

retail investors , dont fall in trap of such fundamentally poor shares, whenever we buy a share , it comes in our account after 3 days, such shares may take upper circuit for 2-3 days but after that they may go down, as a result lower circuit starts even before shares come in our account. In the end I want to advise u to be very careful with circuit shares, on upper circuit its very difficult to buy and on lower circuit its very difficult to sell these shares.

PLS CHECK WITH EYES OPEN ONLY - ASTERSILI PROJECTED SALES FOR CURRENT YEAR IS 100CRORES NET PROFIT IS 10CRORES ......APPLICATION IS IN PROCESS FOR CARBON CREDIT WHICH CAN FETCH AROUND 10CRS....
....USING INNOVATIVE TECHNOLOGY FOR FURNACES WHICH CAN SAVE COST. NEARBY BUYERS AND SUPPLIERS WILL ALSO GIVE MORE PROFITS....PROJECTED EPS RS.10/- FOR CURRENT YEAR.
THE POST IPO TOTAL EQUITY IS 14.86 CRS..
****
SOURCE IS MANAGEMENT VIEWS OVER CNBC..

A SHORT TERM BOUNCE BACK IS POSSIBLE ANY TIME AND TARGET IS 123/- MINIMUM.. OPEN OF 5% LOCKING WILL GIVE FAIR PRICE..

what is the support price for astersilicate stock?

Nothing is going to happen to culprit people, its market buzz that SEBI office also have share in the loot and investigation will be just drama to buy time.

Whats happening on Aster, I am in big loss. Also can somebody tell about Sel Mfg Co Ltd which is in downword trend with high volume, i have 8000 shares at average of Rs 65 and current price is Rs 42.

sebi will invetigate only the stock goes upward. if the stock is beaten heavily it will sit and watch.heheheehehehe

watch out for tomorrow if it falls -10% then it will rose to +20% before closing

I have not recived refund on appliation no 1469381, 1469383,1469380, 1469382,1469379 does not received any refund pl help

Game is over, LC reduced to 10%, going to T2T segment if it continuous like this.

Sell aster silicates.. this is junk stock

What happened with this stock? Everyone knew that this was weak fundamentally. Capital market rating 20/100. What is the modulus operandi of operators? How do they profit? Did retail investors make a killing, when they expected a small listing gain, but they saw the stock double and sell out?
Thanks!

Aster Silicates (126)

FUNDAMENTAL OUTLOOK

Fair Value seen at Rs.35.

TECHNICAL OUTLOOK

As long as it does not cross 191, it is velnerable to selling pressure. It could fall to 80 & then below 35.

Emami Infra 67- As long as it trades below 107, it could fall down due to heavy selling pressure. No target could be given.

dear v patel, kdly give me your contact no. i reside near sharepro office.. i will help you

any one got refund by neft to bank of baroda i have 8 account and till date 3.8.10 no refund no neft no cheque i have called 5 time to share pro but they dont talk friendly just one answare we did neft but some problem in bankofbaroda then i called to aster silaca ahmedabad office.they assured me to do something wht to do now at lest6.5 lacs blocked poor man

OPEN CURCIT BUY OR NO? down side is over? OR MORE DOWN?

Readers are advised to go through the posting done on july 29th which is reproduced here again.

It was clearly mentioned on 29th july itself that it will keep hitting lower circuit breakers.
Unfortunately for a greedy few, who did not listen are crying.

230. sebi takes action Jul 29, 2010 3:37:41 PM IST

Hi all,
There is a news that SEBI will investigate into this share price movement.PRICE DOUBLED IN 2 DAYS FROM OFFER PRICE.A trap is laid out to gullible small invEstors, who will be left holding the baby.

On 28th out of 5,94,69,318 shares traded in the NSE, only 4.41% ended up as delivery trades.
Balance 95.59% was day trading hoping to catch the momentum.

Poor punters who were hoping for the scrip to fall as the company lacked financial strength, are caught badly as the price has hit upper circuit breaker which means there are no sellers to be seen anywhere.

If you buy hoping that it will go up, it will hit downward freeze.
SEBI is about to start investigation
BEWARE.DON'T DO DAY TRADING IN THIS SCRIP.

is there any one who can help me out in this. how to get out of it. it is giving 20%DOWN DAILY.

i m stucked in this. what to do now. how to get rid of this

Now it is SEBI's turn to wake up and revise the Circuit limit to 10 % or 5 % giving "extreme volatility" as the reason and that will be the final nail in the coffin of retail. He will not be able to get out of this stock for a loong time then. And, this will happen tomorrow.

Complete trap, 20% down opening itself. Very sorry for those who entered in latter stage and holding on.