we can easily sell @413.00 in NSE nd @420.00 in BSE from my logic which i already mentioned . nd from this logic we can easily sell in any ipo at Listed price.
Investors needs to do some homework before setting high expectation on listing. After BSE this is the second IPO where investors expectations are not fulfilled completely. In BSE no.s are not showing growth since last 3 years.
I suggest everyone to put one criteria of parent company''s performance, investor friendly etc. In this case Jagran Prakashsn is the parent company. This company got listed in 2006. During 11 years company gave returns less than bank fixed deposit. No dividend to shareholders. These are the key things investors needs to consider before setting very high expectations. Some more examples Anil Ambani group, JP group, GMR group etc. These groups are not investor friendly. Results we can see all companies from these group not giving returns to investors.
I can see parent company''s performance as only one criteria.
QIB subscribed 40 times and HNI 109 times. Considering HNI interest cost of about 100 per share the share retesting 420 plus levels in the coming days is quite possible. The combined trading volume of NSE/BSE is already 1.55 cr. shares compared to Issue size of 1.05 cr shares excluding Anchor. The days end delivery volume will lend more clarity about future direction. Retail Investors may take their own decision to wait or flip.
Guys hold on... every report we read was telling there is not much upside... to me, fair price of this IPO is 385.
Ever tom dick and harry is opening new accts and writing on this site thinking they will get massive returns which was never the case.. more new heroes applying, less allotment possible.. these are simple rules of the game.
No blaming others.. else there is always bank FD.. go and use that. !
I agree with you banglore king. Equity market is a risky affair. Atleast this gave a profit. I was had 3 lots and sold both at 382. 15% profit is not so bad. Nothing to crib about.
I support Eagleye mam. As usual, I applied in this IPO by following Eagleye mam''s advise. Honestly I have earned more money by following her advise. Even if a IPO lists in negative, I will not blame her (bcos she just provides us her expertise & it''s us who takes the decision to apply or not)
Stop this noncense. Why are you blaming her for all this?. She just provided the actual grey market premium prevailing at that time. Appreciate the efforts taken by her to post information to all of us on a daily basis. She provided the correct premium daily and now the stock has fallen how come you start blaming her. Is she responsible for the current price of the stock. She has never asked you to invest in Music Broadcast and never guaranteed returns on this stock. Stop playing the blame game and appreciate the efforts taken by someone to inform the board about the grey market premium and subscription figures.
994.2. Pandit Ji| Link| Bookmark|
March 17, 2017 11:35:06 AM
Top Contributor (400+ Posts, 200+ Likes)
Infact Eagle''s prediction was dot on, she had mentioned 425/- + or - 25, Preopen price on BSE was 420/- and on NSE was 413. I have been investing in shares since 1987, I have seen many boarders on this forum acting as experts and advicing, but trust me Eagle is different she has indepth knowledge and sometimes her advices are so accurate, which only few have the ability to forecast. I have rarely appreciated any other experton this forum. Members lIke Eagle are very rare, pls dont loose good people by commenting silly things.
10. Rrty Mar 3, 2017 3:56:58 PM IST Reply Music Broadcast Ltd IPO
Eagle ji no funds for radio... Huraaaaayyyy Dont compare Sheela with radio Radio is precision camshaft hahahhuyyyyyy Radio paaai gaanna sunno... Shella Shella kai jawannii..
IPO went down from listing price..! Based on last IPO''s trend its a possibility that it will go down further.. Still you have time to sell in profit... Long term investor can hold and buy more at lower levels..