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Magson Retail And Distribution Limited IPO Message Board (Page 1)

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119. SAINUK |   Link |  Bookmark | July 27, 2023 12:10:26 PM
No-one is interested to buy above 90.
118. Pinchhitter |   Link |  Bookmark | July 25, 2023 8:21:27 PM
When quarter results will be declared for Magson?
117. Nani Naresh |   Link |  Bookmark | July 24, 2023 11:42:39 AM
Stock recovered soon after profit booking. We may see 150+ in short term. Keep holding with patience.
116. Aaashish |   Link |  Bookmark | July 23, 2023 10:01:51 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
The stock will fire if any big investor comes in or they produce stellar results for 2-3 quarters in a row.

So be patient
Currently , it seems like only a few sellers and buyers are playing
Like buying at 70 odd and selling at 90

If there is no fraud, no need to worry, it will run like crazy in future considering the low valuations
115. Logij Kumar |   Link |  Bookmark | July 21, 2023 7:24:56 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
There is no demand or it was manipulation too deep. exited 1 lot yesterday. Holding 1 lot. Now any significant gain will be seen in long only. Sell (also don't buy) if view is short.
115.1. SAINUK |   Link |  Bookmark | July 21, 2023 8:54:25 AM
Dear Logij Kumar,
Agreed, This company has no valuation, Only market play. Even it is not yet touched the listing Price. It will move only between 70 to 85 only. I already told earlier on changing circuit market price go down.
115.2. MarketMaverick |   Link |  Bookmark | July 21, 2023 6:18:54 PM
@SAINUK : Keep this message here only for future confirmation. . Let’s wait and see. 

What is the Valuation that you are talking about? Please enlighten.

In my view: It has to fly to cross 100 so soon. Im super +ve.

@Logij Kumar : Your theory based on just the buy sell orders? How can we value a company only with that?
114. SSingh |   Link |  Bookmark | July 19, 2023 8:56:03 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Tomorrow closing at ₹108.75…. Everyone ready? 😊
114.4. SAINUK |   Link |  Bookmark | July 22, 2023 12:44:16 PM
@MarketMaverick : Dear ,My And Logji Valuation is based on their Market fluctuation since 12 Market days. May be we are wrong at this time, Let's wait and watch. But I have Seen Logji status on Chittorgarh as:
Logij Kumar's Comments
(IPO Messages: 195, Likes: 62, Membership since 65 days, )

And Market Maverick Status as:
MarketMaverick's Comments
(IPO Messages: 3, Likes: 0, Membership since 201 days,)
114.5. MarketMaverick |   Link |  Bookmark | July 22, 2023 12:58:03 PM
Dear @SAINUK : I appreciate your view on Mr Logji on the listed companies. I’m not here to prove some one is wrong and some one is right.
And I liked your second paragraph. Please know that I’m not here since 201 days , more than that. I have logged in to this forum may be only since then . 0 Likes and comments means, I’m not spending my whole life here commenting and promoting stocks . Rather my good time is spent on market research and inside market. 🙏. Don’t value anyone based on the likes received. Rather go for wiser decisions. Also never try to spread informations that doesn’t have solid backup.
113. SSingh |   Link |  Bookmark | July 16, 2023 7:09:56 AM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Planning to add a few more lots as most of the retails and weak hands are out and looks like the bottom has already been made.
112. Noorul |   Link |  Bookmark | July 14, 2023 10:39:57 AM
Bought 3 lots today. Total 5.
Will touch 90 level soon. ✅
112.5. Aaashish |   Link |  Bookmark | July 19, 2023 7:03:06 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@Noorul  I will, your username brother
112.6. Noorul |   Link |  Bookmark | July 19, 2023 7:47:12 PM
NoorulK97965157
111. Beingstrong |   Link |  Bookmark | July 13, 2023 9:52:03 PM
Bought 1 lot todat at lc.
110. Takamichi |   Link |  Bookmark | July 13, 2023 9:04:15 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Will be near it's GMP value tomorrow......
Can be a good investment at this price......
109. Takamichi |   Link |  Bookmark | July 13, 2023 9:03:37 PM
IPO Mentor IPO Mentor (800+ Posts, 700+ Likes)
Good price to enter now .....
108. CB🤗 |   Link |  Bookmark | July 11, 2023 12:50:33 PM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
Forum aur counter dono pa sannata hai. Sabo ne last local pakad Li kya?
108.1. Aaashish |   Link |  Bookmark | July 11, 2023 12:59:56 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
CB bhai,

retail. Investors jinko fund ka issue nahi tha
Vo invest karke baithe hai
Ab LC lag raha hai to new to koi lega nahi mostly
Agar kaafi jyada nicche aagaya like 65 se nicche tab fresh buying hogi

So sannata hai
Jiske pass Jo maal hai daba ke baitha hai

1 lot mere pass bhi hai, current pe 26 ka hai and fundamentals thik lag rahe hai
So agar koi ghapla nahi hai to it should double in a year

Apke pass hai kucch ya no investment in this counter
107. KDForIPO |   Link |  Bookmark | July 7, 2023 12:14:58 AM
Hold tight.
two buy bulk deal was happen on first day.

06 Jul, 2023PURCHASE
YUGA STOCKS AND COMMODITIES PRIVATE LIMITED .
Qty
60000
Price
95.22
% Traded
1.05
06 Jul, 2023PURCHASE
ELANKUMARANPERIAKARUPPAN
Qty
40000
Price
86.6
% Traded
0.70
106. Noorul |   Link |  Bookmark | July 6, 2023 1:35:41 PM
Bought 2 lots in grey around 12k. Made good profit without applying.. 😊
106.1. Nani Naresh |   Link |  Bookmark | July 6, 2023 9:52:09 PM
@Noorul, Bro, how to buy particular stock in GREY before listing?
105. Rohan Bajaj |   Link |  Bookmark | July 6, 2023 9:58:08 AM (300+ Posts)
Was not able to sell in pre open from yes securities. It said contract not allowed to trade in. Error No. 16387. What does this mean?
105.2. VickyRS |   Link |  Bookmark | July 6, 2023 2:27:55 PM
Blessing in Disguise. Hold tight for Money Rain
105.3. Rohan Bajaj |   Link |  Bookmark | July 7, 2023 6:31:11 AM (300+ Posts)
Sold at UC
104. lokes |   Link |  Bookmark | July 6, 2023 11:44:08 AM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
Congrats everyone whoever applied and allotted.
It has performed very well in listing, much better than expectations.
Holding my allotted 1 lot here...will hold for little longer...
104.5. Aaashish |   Link |  Bookmark | July 11, 2023 3:40:36 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
yes sainuk

continuos LC in stock is always a worrying sign, hopefully, it's just operator play to scare out the weak hands and there is no fraud in the company
104.6. CB🤗 |   Link |  Bookmark | July 13, 2023 12:32:56 PM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
Finally LC broken and good volume today. Expect to cross 100 in 2 weeks. Waiting for inputs from senior members. DD sir has given Apply rating w a rare thing so there must be positive in coming future. Hope that comes true.
103. AMIT IND |   Link |  Bookmark | July 6, 2023 10:05:42 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Those who sold in pre open are most benefited as return on investment
103.1. Logij Kumar |   Link |  Bookmark | July 6, 2023 10:40:07 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
In short term may be, but in long it will perform good. Did not get allotment in this despite low subscription. As previously told the company and business is good and newage. Bought 1 lot essen, I have low capital deployment capacity so did not buy greenchef and magson. Greenchef and Essen is also good for long.
Listing of Magson was unexpectedly high, so people booked profit. Chance of UC is very high by end of the day.
(I study each IPO for educational purposes, you may not take it seriously 😄).
103.2. Logij Kumar |   Link |  Bookmark | July 6, 2023 12:40:44 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Unexpectedly UC came in the forenoon itself. 42% shares traded till now. It has become 🌑 🐎. Will it become multibagger?, let's see.
102. SANJEEV SOOD |   Link |  Bookmark | July 6, 2023 11:47:12 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
VOW !! My first listing bounty of 3lac + (on paper ). I was little fearful after Spectrum and AAtmaj.
102.1. Abias |   Link |  Bookmark | July 6, 2023 12:16:38 PM
Congratulations and enjoy the profits.
102.2. SANJEEV SOOD |   Link |  Bookmark | July 6, 2023 12:39:51 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Thanks Bro ,
Wish you good luck and Happy returns.
101. Aaashish |   Link |  Bookmark | July 6, 2023 11:47:19 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Now it's in UC
Seems like some operator game is going on

Sme experts , share your opinion on this

This is the first sme that I got alotted

I would have sold half to atleast recover the principal but that option is not there
101.1. lokes |   Link |  Bookmark | July 6, 2023 12:00:56 PM
IPO Guru IPO Guru (4300+ Posts, 5100+ Likes)
keep holding for longer if no funds problem.....dont be afraid of initial up/down movement....i already informed about this previously that its good to apply for long term.....
101.2. Aaashish |   Link |  Bookmark | July 6, 2023 12:11:50 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@lokes 
Thanks for the response
I applied considering fundamentals only
And DD also gave apply rating which is quite rare tbh

I had never received alottment in sme(applied 1-2 sme previously), 1st time got alotted so got scared of operator's play because it's unknown territory for me.

Any targets where you feel we should sell
Like till what valuations or price you feel, it's good to hold

No problem of funds, can hold for long term

@lokes and other boarders

Your advice is solicited

Thanks
100. Smile✍️ |   Link |  Bookmark | July 6, 2023 10:59:58 AM
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)
🎩 Off , salute to @Dilip Davda Sir
Only he given clear buy rating to this issue and we fool were in queue of essen and greenchef.
100.1. CB🤗 |   Link |  Bookmark | July 6, 2023 11:08:48 AM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
Agree!! DD Sir's rating was what kept me from booking profit on pre-open despite buy orders vanished largely in pre-open itself. Now LC open and good buying taking place. Hope for better appreciation in 2-3 weeks.