Reetech International Cargo and Courier Ltd IPO Message Board (Page 1)

Sold today as not showing strength and gone below listing price.

@sahab,
I am holding and will continue to hold, there is nothing wrong with the company from my view, will review after half yearly results.

Thanks

Bhatia gave good return to those bought at discount and hold it so far.

risk hai

Risk hai to isk hai :)

congratulation great buying
good profit
take risk
take profit

As Ravi sir has said,
Buy and sleep for one year then see the magic

@arvindarvind,
very less chance to go down from here (may be one LC), more chances to go up to reach to the 'issue price' in few days as I still believe, LM track record was so good except this.🤞

As @lokes, its the victim of 4-5 blockbuster listings, and looks purposefully sold by the HNI allotees (not sure). I would have not surprised if it would have listed at -5 to 10% discount, but -25% for this company, some intentional selling.

The coal business going to be there and will not reduce as power plants still need to meet our power demand, (in spite green energies will increase). They have also other products cargo business, September results will be important to watch out if the March 22 results are consistent.

All the best to those holding to get the break even price if not much more.

Thanks
(Disclosure: I have vested interest in Reetech, my personal opinions could have been biased unintentionally)

Sold@87

@MRavi ....Good luck for such conviction...i know u will be right ....

I bought 2 in pre-open sir ji to average out ......hope it recovers..... But this listing eroded a lot of my trust on this LM

@Kapil Mehra, @Takamichi
Bought Reetech more.
Total: 24,000 + 10,800 + 9,600 (allotments) = 44,400 shares (37 lots)

Thanks

LM got good of our greed..... Have two good listings in recent times....wanted to balance out.... Atleast the LM should have maintained a decent level....

@lokes
Any chances of recovering ?
Should hold / sell ??

@Gabreil Ramos: can't say how long it will take to recover....if you need money then you may sell around 90-95 levels whenever getting since it may have selling pressure near issue price.....
@Takamichi: yes greed didn't paid well here and neither trust on LM.....main reason was multiple listings too so someone has to suffer anyways.....