1342. Chem cho| Link| Bookmark|
September 29, 2016 10:31:05 AM
IPO Guru (2500+ Posts, 2700+ Likes)
NO MORE COMENTS
AND TARGETS BUT BEOLW RS 300 TODAY
GOOD BYE I AM BUSY WITH MY CLIENTS ON PHONE CALLS ASKING BUYING LEVELS
NO LEVEL TODAY TO BUY
1341. Khemka| Link| Bookmark|
September 29, 2016 10:30:43 AM
(1000+ Posts, 400+ Likes)
Further lesson need ?? ...315
89. Khemka Sep 19, 2016 10:47:12 AM IST Reply ICICI Prudential Life Insurance Company Ltd IPO
Retail investor better avoid it otherwise should be ready for some lessons .fair value not more than 250 seems .some 1 may find 30-20=10% still cheaper but we dont see so
Yeah we shud sell now may be now its less amt loss, if we take risk to keep it further loss will definitely increase and it will be big LOSS!!! :( Sold @ 323!!!! ..:( at loss of 12 RS per share :(((
for large size issues its promoters who eventually gains.golden days of ipos and retail making money are over.some fools even try to apply by family accounts without knowing the prospects and greed of promoters
Do not sell in Panic, can you see ? Somebody is buying in huge quantity, are they fools ? Wait for sometime, company is running serious business and check the track record. Believe in company not with anyone''s words.
The HNI''s got the market funding for the IPO on the promise of a 40 times subscription, but as that did not happen, the margin calls were triggered. And, this huge selling is due to the HNI''s selling to oblige the margin calls.
Panic is gripping. Average it below 300 ( verymuch possible today), dont worry. It is an insurance business, no chance for loss. Valuation and issue size are the problem here.
1327. Ipo tracker| Link| Bookmark|
September 29, 2016 10:19:32 AM
Top Contributor (500+ Posts, 200+ Likes)
Insurance was & will remain a bloodsucking sector. Good job done by BRLMs