Megatherm Induction Limited IPO Message Board (Page 1)

I am holding it.

📌📌MEGATHERM exports products to South America (e.g. Argentina, Brazil, etc.), Africa (e.g. South Africa, Kenya, Tanzania, Ghana, Nigeria), Gulf (e.g. Saudi Arabia, UAE), Europe (e.g. Poland, France), SAARC (e.g. Bangladesh, Nepal, Bhutan) and South East Asia (e.g. Indonesia, Malaysia).🔥🔥

Order book: 280Cr✅

Big UC✅🔥

Thank you Jogi Sir.You purchasing this stock gives a lot of confidence knowing your stock selection skills.Should do well .

Rocket 🚀 lagega isko

Then should take exit at such high level imo.
New swan and many past hem issue falling after High listing.

New swan was BSE so listed only 90% and 2 UC but now no one is buying despite of good company
So be cautious for buying on listing at upper level.

​@Seth. Swan is still trading 100% above it's IPO price and it's not a month yet of it's listing. What do you guys really expect? Quadruple in a month?

​@Heathslayer Where are you checking price of new swan?
It's not at 100% of IPO price

And understand my statement first ,
I'm just telling to avoid if lists too high as downside chance is high
Today also new swan down 10% and at 110 rs and many people bought in UC at 130-140 price range those are stuck.

You should understand the statment properly , I never mentioned to run it like anything , I said to be not stuck like happened new swan , deepak chem , Paragon and many you can check.

Still I may be wrong anytime in market but my intention to tell was to be cautious only.

​@Seth. just on friday the price was at 134 which is double the IPO price. It gave 100% profit exit to everyone allotted. You said no one is buying it. that's an unfair statement. if people keep buying it at all levels, it will never go down. of course those who buy at 100% above it's IPO price will buy it for long term not expecting to double the money from these levels in a month. that's what I meant.

​@Heathslayer I'm talking only about fresh buy.
Who ever bought new swan on 145 - 130 level seeing daily LC for 5 days straight , so my point of "no one is buying is fair".

See on their point of view , they feell totally trapped.
Whoever bought at 100% premium are not always long term investors , they planned exit for 5-10% profit , only few of them holds for long term.
We all seen huge buy order on 1st day , so all are eagerly wanted to buy it.
Only flippers got for first 2 days and later many bought in fomo at high price!

​@Seth. It's SME so a single lot cost more than a lakh and if someone buys a SME after it opens with 100% premium just so that they can make 5-10% in 2-3 days then we can only judge their intelligence.

​@Heathslayer So you mean no intelligent person buys SME for 10% to 20% gain?
So how buy and sell is happening daily if everyone thinks like you?
Many people buys only for short term and sell for 5-10-20% gain and that's 10-20k profit on SME lot , it's not small profit not everyone is long term investors in SME