General Insurance Corporation of India IPO Message Board (Page 1)

Sir gic me bahot loss ho Raha he.... profit Hoga ya fir loss book karlu?

sie pls suggest hold or sell

1 HDFC Standard Life Insurance Company Limited 290 353.45
2 Khadim India Limited 750 673.60
3 The New India Assurance Company Limited 800 670.55
4 Mahindra Logistics Limited 429 417.05
5 Reliance Nippon Life Asset Management Limited 252 275.75
6 General Insurance Corporation Of India 912 800.30
7 Indian Energy Exchange Limited 1650 1512.55
8 MAS Financial Services Limited 459 589.95
9 Godrej Agrovet Limited 460 542.50
Gorment chor hai lol !!

Excellent set of numbers! I won''t be surprised if it gains 10% today!

Even five-fold increase in net profit have failed to enthuse this script, God knows how much increase market expects.

Good Divided paying company.
strong Book value.
Strong financial track record and a strong balance sheet.
look good for long term.

Guys where can one check subscription data ?

There is some movement in the stock today. Its up 20 rupees. Maybe because of its upcoming result.

Due to low subscription of NIA issue, this stock might plunge under 800.
be careful , if you need money within a month.

During NIA listing , it may cross 850... come out..... people commenting on attractive book value. but if you compare the re insurance companies globally, GIC is at high book value and not so attractive. for long term insurance companies are best bet than re insurance companies. one major calamity can bankrupt the company. that is why re insurance companies are near to it''s book value.

today close will be around 860-880

Gic price on free fall because of no support from lic.

koi isko bhi chala do... big bulls

I was having 2 lots (224 each). Sold today at 827 and booked losses of over 17,000Rs. Another NHPC/SJVN. Guys go and sell this.

i booked around 7K loss by selling at 820......

Hike in price will be seen near March 2018.

such a pathetic share.....going down daily from 4 days...its a lesson learned for future to avoid any greed.....that''s why not applied in NIA too....

Sold as below
831 - 224
841 - 224

Kept limit of another 2 lots of 224 at increment of 10 rupees each.

It seems to have a support level around 820. Its bounced back today and is at 828 now. If it goes to 835+, I will sell 1 lot of 224 out of 3 that I hold.

i sold my remaining 110 shares at 820 rs all.....got over from this GIC....

Only positive sign is result on 13th Nov..! Hopefully.

Struck in, what will be scene when NIA list in discount

After observing NEW INDIA ASSURANCE subscription figure, GIC RE''s credit score is improved in investors heart. 0 times/0% employee had applied in New India where as in GIC RE it was 1times/100%.

Massive fall in price of GIC will be seen after 3rd November. Expect to stabilize around 775 (+ - 5%).

very low volumes today so less movement.....dont know which side it will breakout....

GIC holding firm at 842 to 848...under 850

Learn your lessons from GIC Govt bid more that a billion $ or 8000cr for GIC and a billion $ or 6.5 crore on NIC using LIC small investor Money to entrap even more small investors ..

Those that entered under Rs 800 on 25 oct could have exited and entered at least twice and made a killing .. someone with insider info must have !!