DOW ISUP 200+ & NASDAQ IS UP 60+ .......NOW WAIT FOR THE BLOCKBUSTER LISTING OF TWL......IT CAN GO BETWEEN 850 TO 899.. OPERATERS WILL DEFINATELY INVOLVED.... VERY SMALL IPO.... AND MAJORITY OF SHARES ARE IN THE HANDS OF FII & DII... RETAIL INVESTORS HAS BEEN ALLOTED ABOVE 150+ SHARES..... TOTAL RETAIL INVESTORS ARE ABOUT 10000+.... ONCE WEAK INVESTORS SELL A GOOD POSSIBILITY THAT OPERATERS WILL LIFT THE SHARE UPWARD... WAIT TILL MONDAY AFTERNOON... DON'T SELL IN THE MORNING...
You need not panic and sell shares of Titagarh Wagons on listing day, it will go the OnMobile way see where it is today. The market will give recognition to good shares sooner or later.
not only the listing of twl but the listing of kiri and aishwariya will be blockbuster and my dear friends remember me that good days are back for ipo.. people are really want to gain from primary market.. we here are not here to discuss who is right and who is wrong.. because it is the market who finally decide.. what should be the actual price.. if once the secondary market settle.. it will be very easy for merchant bankers to sell the ipo..and remember sebi's move for primary market will also boost ipo market.. happy investing in ipo...
For TWL ipo let us go to the fact that twl's e.p.s. will be 31 and looking to texmaco's p/e of 29 (source :et) twl can go upto 899 in good market conditions. So, pl. don't worry and dont sell in penic on Monday mornings, because good days are coming for ipo listings. Even if the market open in red on Monday morning the possibility of going below 540 is just nil. So, ready for blockbuster listing... twl's listing is going to change of primary market... so those have not applied and not alloted wait untill another quality ipo..and stand in a queue..
157. Vnrao| Link| Bookmark|
April 18, 2008 12:40:28 PM
Top Contributor (300+ Posts, 100+ Likes)
Hi IPO ANALYSIS. I agree with you that market may open low on 21.04.08. But disagree with you that TITAGARH will close its issue price. Your analysis that management will be selling heavily of the shares acquired at Rs.300/-. May I have your attention that only 23.8 lac shares are the floating stock; these only can be sold. Management quota shares constituting 87% cannot be sold as they carry a lock-in period ranging 1 to 3 yeqars. I am sure minimum 1 crore shares of TWL will change hands on 21.04.08 implying fresh buying from the available 23.8 lacs. Hence the price will be above Rs.600/- and it should close above that level. Allottees need not panic. You can check my analysis about Onmobile also.
hai dear friends, i welcome all the critics because it not only enhances the quality of the forum but some meaning full dialog can be exchanged my dear "ipo analysis" u r completly wrong in anylysing the "titagarh issue". i can give so many reasons for that and u can read very well my previous messages date wise. my dear friends u are comparing titagarh with aiswarya telecome (what a joke) off course aiswarya might well do well in bourses because of paltry issue of just 14 crore, even a well placed shop in delhi can do more business than aiswarya,(what is your basis of comparing)moreover these type of small companies where anyone including small time operator with just 1 or 2 crore net worth can play big role, mind u these kind of issue can only spoil the capital market, because i tell u only a handful of people got alloted shares (because of convience of management with registrar)and operator with their relative and friends played the game by jacking up the price and only small and gullible investor bought at high price only to see their net worth eroded once operator gone from the counter,
there are so many friends of public issue of like that suffering and u might be one of them, regarding titagarh i challenge u on this listing and closing price no matter what u have written.
SHERE E PUNJAB. WHERE WERE ALL THE OPERATORS IN AHMEDABAD AND RAJKOT WHEN IPO WERE NOT PERFORMING.THEY WERE THE ONE WHO GAVE 400 RS PREMIUM TO REL POWER IPO. IF U ANALAYSE TITAGARH WILL LIST BELOW ISSUE PRICE OON MONDAY.LET ME TELL YOU THE REASON WHY 1)MARKETS WILL BE DOWN ON MONDAY. 2)PROMOTERS WILL SELL AT ANY PRICE AS THEY HAVE BEEN MADE PRE IPO AT 300 RS. THIS WAS LARGE ISSUE OF 102 CRORE WHICH WILL NOT ALSO BE TRADED BY BROKERS ALSO BECUASE OF AGGRESIVE PRICING.
MY FRIEND LOOK AT AISHWARYA TELECOM THEY PRICED IT SO WELL JUST 35 RS INFACT THEY ALLOTED TO THEIR FRIENDS AT 40 RS. I AM SURE AISHWARYA WILL GO 3-4 TIMES AND WILL HAVE BUMPER LISTING BECAUSE IT LEFT A LOT FOR MANIPULATORS AND BROKERS TO PLAY WITH.
TITAGARH WILL CLOSE BELOW ISSUE PRICE ON LISTING AND AISHWARYA WILL CLOSE AT 3-4 TIMES ON LISTING. REMEMER ME AND I WILL BE BACK
hai dear friends, many thanks to you also trusting me and holding the share of On Mobile when i told u so, friends u must recall my last messages, U people of chittorgarh team also knows the fact that whenever I recommended the share only in IPO section, u reap rick benefits and my close friends also comes from Ahmedabad, Calcutta and mother of all markets Rajkot and Jaipur, (Only for IPOs)where all the games of manipulation done, Friends this IPO is all the game of Big Operators who fooled the innocent investor for their gains, only fools follows and repent later. From the last 2 years I got in touch with these guys only to know their game, havn't got any guts at all to play with them. but i keep on informing my dear friends about this and warning not to apply for Reliance Power also but my repeated reminders failed and everybody from this board applied and got hammered. Today no news about titagarh, i will only let u know tomarrow or day after tomarrow so keep on good work and stay invested in Titagarh..................just wait
all the best allottees just sell on listing if u r getting good gains as there is no point purchasin this 15 PE stock on 2009 earnings when one can purchase maruti at 10 times 09 earnings.
Guys check the shareholding pattern on NSE website. 87.07% of the total equity is locked in shares. Very small volume. Market operators are surely going to run it up very high. Hold for long terms gain like onmobile.Texmaco its nearest competitor has closed today at 1331.00 on NSE. This stock is going to give very good profit. Hold don't sell short in panic
Titagarh Wagons (TWL), a private sector railway wagon manufacturer in India, primarily engaged in the business of manufacturing railway wagons, heavy earth moving and mining equipment, bailey bridges, steel and SG iron castings, will list on the bourses with its equity shares on April 21, 2008.
Hi Shere e Punjab, Can you tell me whether should I hold TITAGARH WAGONS or sell it on listing. What are your expectations about this stock. Pls, Pls, Tell.