I have been applying for SME ipo from last 17 month,appx 15-20 fundamentally good ipo...i got only one(cadsys). From my viewpoint,I see few good SME stocks got corrected in recent correction. I see an opportunity to enter in below stocks 1)ANI 2)DYNAMIC CABLES
keep watch on market and enter when you see some stability, as per my view there is no harm in buying ANI or Adding CADsys if you can hold it.I don''t know about dynamic cables.
@anarchist yes, fundamental and performance wise Dynamic cables is good but it can''t be understood that why the share is not perform like it''s fundamentals.
@jg I think you have tasty dairy shares. I wouldn''t like to bet on Tasty dairy....
SME is meant for HNIs since lot size are involved ....Dynamic Cables is the only one company posting sales more than Rs 300 Crs out of 150 companies listed in Electrical Cables and wires field.... along with Dynamic Cables you can dig more information''s on Tasty Dairy, JFL, RMC Switchgears, Focus Suits,
For long term my first choice is Cadsys followed by Mohini Health and Hygiene, Dynamic Cables, Worth Peripherals and South West Pinnacle. I hold all of these and many more. Choose unique businesses with increasing top line and bottom line. Avoid Companies that post the same revenue and profit without growth, for many years.
All those companies are good..But one must not forget that ''speciality chemicals'' are derivatives of crude. ...Both crude and the dollar index are on the boil and there could be a margin squeeze this quarter...
Apart from the above, SME, due to the lot structure are akin to derrivatives..(without a leverage though)..So one has to be extra bit cautious because if this market falls, there would be no place left for these investors to hide....
Performance isn''t there cause everyone is betting big on the company..It''d perform only once the retailers lose both, hope and the money....
13.11. Khemka| Link| Bookmark|
February 24, 2018 9:19:56 AM
(1000+ Posts, 400+ Likes)
Will never apply any sme ipo since i never gets any, and imo when banks can do ghapla like pnb, chances of ipo bankers,registrar too can doing something similar types like capturing70 or 80 percent allotment himself maybe seems
Lottery system in sme ipo. Even last ones which were hugely subscribed not given returns.better to look for secondary market sme. Good buying from secondary market sme are hitech pipe, cmm infra,, jet freight logistics, dp wire,jiya eco, fourth dimension, lancer container and shrenik
7.73 Cr IPO? ...Haha...Shouldn''t tbere be a different quota for those who applied in the past 10000000000. SMEs and still remained empty handed?...These investors must have some amusing ability to keep hoping against all freaking hope, which in my frustrated opinion should be rewarded....