In this last lap, even laggards are buckking up (zodiac, reliable, innovative tyre, pulz & many more) . This is not time to enter into SME, get out of it before euphoria ends. I do feel switching to large cap and sound midcap is safe. (to be updated later)
Don''t enter now as this is last lap.Still there is no movement in DP. Very low volume. If big correction comes every SME will be hit hard & DP is no execeptional. DP is a laggard , one should not ride on a laggard on last lap. Besides one never knows when start & finish line will arrive(Euphoria ends) , a week. . . a month. . . who knows. It''s all about timing market .
Tops U can book profit in CKP even i had issue price sold it. After 9months it has gone up. Sell Shanti overseas it is still in discount below its issue price. U can keep both captain texnocraft or sheetal cool products. or sell.
There are better stocks available in Midcap, large cap or even small cap. Returns have given better as compared to the above sme.
Hey Umang I agree that DP WIRES is laggard in terms of its stock price movement and volume. But I went through its financials and found out to be a fundamentally strong company. Also U see the issue is subscribed with HNI majority and there were very less retailers. Also what I am observing is no one is selling the stock not even offering at higher rates. It is seeing no movement at all barring few trades at around issue price.Also Amitabh Bachchan is one of the HNI subscriber in the same. This is giving me strong intuition of entering the stock and wait for big upmove.
One can say same thing for bohra, still trading in discount. Received good subscription from QIB. One never knows when this stocks will move..... a month..... six month...... a year. D. P hasn''t moved even after posting latest quarterly figures, a week back. You mentioned nobody is selling at higher price but you forget that 75 is issue price and 52 week high is 78.It rarely traded above issue price.
@BLACK & WHITE HAT, WELL I AM HOLDING 3 LOTS FROM IPO, WITH A VIEW OF 15O+. LAST WEEK THERE WAS BUYING IN I. T. COUNTERS. BEATEN DOWN SECTOR IS TRYING TO COME BACK.
don''t go blindly in large caps.. Small caps are supported by dii... This ipo is supported by strong fundamentals... If u hv a lot hold it for atleast a week n enjoy the up move..
Hi Umang I do respect your opinion you said that we should shift to large or select mid caps still got stuck in jhandewala @80 what you advice should book the loss or hold it a bit
@sanjay, Book loss in jhandewalas and buy shivalik bimetal controls listed in bse. Your loss will be covered within 2 months. Some scripts I am suggesting are below, pls do homework before investing. Chembond chemicals Grauer & weil Dynemic products Leel
Again pls. do your homework before investing in this scripts.
U think jhandewalas fundamentals are weak or I bought it costly or promoters game plan as you said it is far better than ajooni still ajooni is quite high
36.16. AhireR| Link| Bookmark|
January 25, 2018 9:47:43 AM
IPO Mentor (800+ Posts, 1000+ Likes)
@umang should i enter jfl for 1 lot @66??i can hold it for long term..seek ur advice..
@TOPS, I do feel this is going to end soon, we are in last leg (clear sign :: every laggard SME is moving without any news) . I can''t say when it will end. So it is advisable to come out of laggards, whereever profit is there. I dont track shares you mentioned.
DISC::::This is my personal view one must take decision with his own senses
Hi Umang... Very informative inputs from your side... Always. Appreciate your logic and analysis. Request your views on SMEs I am holding i.e Jiya Eco, Cadsys, Captain Technoplast and Meera-industries-ltd. Thx
@alchemistzer, One can ride momentum with trailing stoploss. Meera is a multibagger stock. I haven''t entered SME stocks when it came with issue. So you can hold this stock. Even I am holding 3 lots of cadsys, which was offered at rock bottom valuation. Still it is cheap compared to recently listed SME''S in I. T sector.
Captain group is investor friendly. His group companies has never given negative returns.
I don''t track jiya eco. So baat ki ek baat. Keep trailing stoploss & ride momentum.
25. DownriteVJ| Link| Bookmark|
December 29, 2017 5:14:34 PM
IPO Guru (1400+ Posts, 1200+ Likes)
Apply must for listing gain, issue will be subscribe 15-20 multiple, this company is very good in our city Jaipur and his brand''s ( Naman Ghi,Mangodi,Kesar and Poha etc ) demand very high and Fundamentals also very good.
This one is far... far.... far... better than AJOONI. Atleast PAT is not inflated by 15/20(x).No visible growth in topline for last 3 years, but capacity utilization is 50%, so topline will increase in future. Peers are also trading at high valuation.
It''s planning to set up new plant for which land is acquired (source corporate video). It''s products are available in bigbazar.
18.1. Huzefa| Link| Bookmark|
December 28, 2017 1:06:14 PM
Top Contributor (300+ Posts, 200+ Likes)
Umang, now it seems useless applying in good SME IPOs due to no allotment. It would be better instead to buy some good stocks from secondary market. Any suggestions for same?
Innovana is continuously on UC now it is more than double the allotment price. However the Co is newly formed not having good track record. Its apps on Android have less than 10000 subscribers. Being only two years old, the Avg. cost of acquisition of shares by promoters is around Rs 2 only. The Co. Is now trading at 140 plus. I am of opinion that there is operator game going on. Please share your opinion on that.
@GODFATHER, HAVE YOU NOTICED VERY FIRST TRADE EXECUTED AT UC AND IT REMAINS IN CIRCUIT FOR A SESSION WITH VERY LOW VOLUME. IT''S AN OPERATERS GAME IN INNOVANA . I HAVE WITNESSED SAME PATTERN FROM LAST FEW DAYS. TODAY ALSO FIRST TRADE WAS AT CIRCUIT. VOLUME OF ONLY 8K SHARES
@HUZEFA, STAR PAPER was a good bet but it jumped from 210 to 300 in less than a week. CMI is also trading near its 52 week high. SUPREME PETROCHEMICAL is also a good stock,but not moving as per expectation. There are many but they all are trading near 52 week high. I have post a msg for u & bhanu in dynamic cable coloum. Check it.
MY ID IS BLOCKED SECOND TIME WITHOUT ANY REASONS. THIS IS THE LAST EMAIL(3 rd) I AM USING FOR THIS ID, IF THIS IS BLOCKED I WONT BE AVALIABLE ON THIS FORUM IN FUTURE
Hi Umang. At what time will you be online for 10 mins. I want to share something with you quickly but want to delete it immediately once you see it to avoid scamming. Tell me the time :)
Yes I have also observed the same. It is operator driven for sure. Even, when I went through the RHP, I''ve observed following which creates doubt on company. 1. Secured loan of company is a housing loan jointly with director from ICICI Bank and cash flow of company will be used to repay the same. 2. Major Proceeding from issue will be used for capital expenditure for construction of office which is a rented premises taken on 11 months from the director. 3. Only two years in business and issued bonus shares to directors making their cost per share ranging from 2 to 5. 4. For their products, they have few useless apps on Android having subscribers in hundreds only.
@HUZEFA, you can look at sintex plastic technology & BSE LTD. You have to be patient in this stocks but it can reward you handsome returns in a year. Any picks from your side????