Fun and games on the cards..icing on the cake is that, it's a Gujarat based play...Best wishes to all allottees..volume spurt witnessed yesterday at Rajkot and Ahmedabad..for rest it could provide opportunities to make good money depending on your risk taking appetite...cheers
128. lokes| Link| Bookmark|
December 28, 2022 7:24:02 PM
IPO Guru (4300+ Posts, 5100+ Likes)
In my view, expected listing may be around 37 to 39 , can be bought if available around 35-36 or below levels, profit can be booked in short term around 41-42 or above levels...company revenue/profits are good and growing and business type also looks good so whoever allotted, better hold for some days to see trend with stoploss around 34 levels...
Should we sell and buy ambo agritech which is trading at issue price ?
128.5. lokes| Link| Bookmark|
January 1, 2023 11:21:10 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@Takamichi: i don't do new buying generally in sme's until i found very few fundamentally good and strong for mid to long term, means so many sme's keep getting listed, even if some is getting listed at good price, i don't prefer to buy, same was case with uma, btw i was allotted here 1 lot and still holding that, i was out of town from last 4 days so couldn't give time in listing or anywhere.
@billion dollar: ambo if getting at issue price was better to hold in comparison to uma, as per risk reward...now i see it has already moved a lot....
123.1. arvindarvind| Link| Bookmark|
December 28, 2022 5:13:02 PM
Top Contributor (900+ Posts, 200+ Likes)
If uma will find momentum tomorrow then premium will will be around 9 to 10 rs and continue upper circuit for 5 to six days. Less see what will happen tomorrow. 30% of NII share is in hand of 5 people only.
was going through the RHP ( Page 99) ,,, got something regarding it's PE Uma Converter is coming at a PE of 9.8.. Further it's RONW is 6.31, where as it's PEER Uflex is currently trading @ a PE of 143 & RONW is 8.60 & Mold Tek Packaging trading @ a PE of 46.33 & RONW is 5.65
People don't read the financials and just go with the Hype ,,, Where Arihant Business model is not that great due to current changing market requirements , comparitively the business Uma is into is much better
121. Vultureee| Link| Bookmark|
December 28, 2022 12:26:37 PM
Top Contributor (400+ Posts, 300+ Likes)
With my little experience... I've seen much of the scrips 3000-4000 shares with share price 30-40 , has done very well in short term
Examples like - Cloud , Containe , Vedanth Assets , Cargotrans , Gargi, And I feel the Financials , Business Growth , is much more in Uma compared to Arihant. Lets see whats happens ...
I feel it would list around @ 40-45 Level, ( Ticket Size of Investment, Risk to reward, Market Condition.
112. Nitinoswal| Link| Bookmark|
December 27, 2022 8:55:59 AM
Top Contributor (200+ Posts, 100+ Likes)
0/10 hni
112.1. Nitinoswal| Link| Bookmark|
December 27, 2022 9:01:12 AM
Top Contributor (200+ Posts, 100+ Likes)