ABS Marine Services Limited IPO Message Board (Page 2)

Reversal Possible looks like..more buyers in pre-open

LC open...

​@SMEARV Day high almost UC range (263.95),,some good buying happening..

Yes but strength is not there so don't think will go to UC

​@Noorul  Off topic
STAL has order visibility of 30 cr only.

And in 6 months they did 53cr.. with Pat 3.5cr.. seems like H2 will be worse than H1.

Do we have any more visibility on order book to estimate FY2025 revenue and pat?

Stal i booked profit.. ABS I added.

​@cadivyansh I bought at 294 so i definitely think 252 is reasonable 😂

But try to catch the circuit break, you will feel better about your purchase if it doesn't keep hitting LCs afterwards

Kb tutega re baba...ankh thak gya lal rang dekh h...kal ya Monday ko..lc se uc hona mushkil lg rha..open hi uc m chahiye..

Nice @rohiitian Bhai 🤣 I also purchased in preopen so ab lg rha h ki bht sasta ho gya h y to 🤣

In order to break LC, volume needs to increase... daily 1 Lac volume won't help as issue size was big...

True 1 lac volume se toh kafi din lagega..but the day it changes to uc u will see min 10 lac qty traded once a big investor or institution buys and snowballs in a series of uc.

added 1 lot of ABS Marine today @250

​@rohiitian Did you purchase or sell today ?

​@CA Saurabh Bansal Neither - holding. All shipping stocks in focus in mainboard, it will trickle down here also - if ships are built, someone like ABS needs to manage them. Plus budget could see a big push towards the Maritime fund. I'll keep this for some time. Not adding currently since free funds blocked elsewhere.

​@rohiitian To be honest big rally in secondary market in Cochin, Mazdock and GRSE 😕

​@CA Saurabh Bansal Yes, I'm luckily riding that wave so not complaining 🤞

This should have its time in the sun soon.

No ..this is into maintenance and other services...

Like winsol is not solar epc..it is just balance of plants epc...

So cannot give similar valuation...

​@rohiitian  @diwan kapoor Hey any update from you on this counter because it's float is big and it is not showing any strength ?

​@CA Saurabh Bansal You are right.. Float is big.. So selling will take time to absorbed..
Real game will start when circuit will revised after 10 trading sessions..
I personally holding my 3 lots (1 lots @294 & 2 lots @242.. & have the intention to buy some more lots around 200...to make the average..!!
In any condition will not sold in loss.. This is my view at this point of time..
So act according to your risk appetite..!!

​@CA Saurabh Bansal Yup still looking weak. Overall SME market is itself very weak despite markets flying. It's a cycle - have to sit through the bad times to enjoy the good times, and can't get every bet right.

Right now, I'm waiting for 2 triggers - election outcome can lift all stocks, and new budget can drive focus to this sector through the Maritime Fund. It's too good a company to sell at this price in my view.

Yes when I think about this sector and PE of this company, looks cheap to me but not sure why it is not rising

bought ABS ,looks good at current levels, one concern is to carry it into election results., any comments or thoughts?

​@rockit  irrespective of any party winning, market may remain jittery for next 2-3 months until the budget.
If bought for long no tension. These fluctuations are part of market.
If bought for short/swing, can't say about profit but it will raise BP indeed.

Might see 1 or 2 more LC, unless any bulk deal or big player invests..

Company wapas market se ni kharid sakti kya ..6.5 lakh shares..through operators..?

​@sloth  What price u bght abs?

Don’t worry, it will start going up soon…

​@Kaul ji Bought 1 lot in preopen

It should bounce back soon.. Have patience.

Stakeholder      Available shares      %shares to be traded      #of shares to be traded
Anchor: 1,841,000       0%       -       
QIB:       1,228,000       40%       491,200       
Market Maker:       410,000        100%       410,000       
HNI: 922,000        50%       461,000       
Retail:       2,149,000 90%       1,934,100
Total shares:       6,550,000              3,296,300       
Shares traded till date:                   2,335,000       
21-May                   2,222,000       
22-May                   113,000       
Shares remaining to be traded:       961,300

Assumptions:
- QIB: assuming many QIBs are just in for listing gain
- Market maker: assuming market maker wants to take profit out
- HNI: lot of retail now gets shares as HNI
- Retail: only 10 % retail are long term investor

Very good analysis..I was also doing that in mind..these 7 lacs shares on the exchange..belong to any of these stakeholder groups.

Just an attempt to put process to the madness.

Even though the circuit opens tomorrow.. i would be cautious before buying..

Supply can come any time.. and margin of safety is there below 200rs only... Long way to go.

It may not go down to that level.

Looking for price stabilization rather than price bottom.

At the far end if we assume QIB trading as 0%.. still I think ~4-5 lakhs shares to be traded before some stabilization happen. Ideally 2/3 more LC should happen..

But I can be completely wrong ...since all this is just assumption..pure figment of imagination.

1 lakh volume trading se kaam nahi banega ..

If tomorrow evening the LC break.. only think about buying after 4 lakh shares have been traded ..not before that

PAGE 2

Same here 🤣

I bought at 291
What should be an ideal stoploss now

I also added few lots in pre open, don’t worry company is good and circuit will break within 2-3 days.

​@Mr. Agrawal - with 6.5L shares at LC
Expect atleast 2 more LC's.
Hoping you'll get a profitable exit here

​@GrayIsTheNewBlack Yes bro ..
what I had in mind was
indian emulsifier/Rulka/Hoac itna high list honge woh post listing lena ni hai ..

Toh yehi best laga even around 2x...
Aur Rohit Bhai bhi bole the (KpGEL) mai ki bada issue size ka koi role ni hai Post listing LC mai .. i was expecting some movement like KPGEL here.. completely missed KP so bought this.. let's see ..

Also stuck in few others like Vishnuinfra , Silk Flex ..

I would suggest to sell tomorrow at LC sharp at 9:00 and if you still like this script then don't enter for now considering volatility would be continued in SME and mainline till 4th June. Since this script has already given good returns so don't expect much for now until and unless some magic/operator game happens which is rare for e.g. 10-15% cases out of 100 SME.

​ @Mr. Agrawal  @Mitesh Rajput  As is evident no clear cut formula works in sme IPos . It's all demand and supply linked to grey market position and no two sme IPO behave similarly as you both have examples in front of you.
Our friends @Gai Bhens Paani Me  and others are experts too here and given right outlook .
Good luck 🤞

No bulk deal in ABS and can anyone help with question who is Ankush Kedia ?

Reminds me a bit of Cgraphics - 2 LCs and then momentum shifted fully. That's my hope because company is solid (a growing, 20% PAT biz in tailwind sector is a 💎), and there's lot of info floating around about some contract upsizing by 30-40%, a second ship planned for purchase and other rumours

Fingers crossed it recovers sooner rather than later - I'm in the same boat as you @Mr. Agrawal  (no pun intended). Point to remember is it's impossible to predict anything, so always be prepared for downside scenario.

will add when LC is abt to open.

​@JSK✨Sir LC par bechne ke liye bohot kaleja chahiye. + Mai phir wapas enter nahi kar pata hu .. I was looking for investors confidence here on board if it's a buy on dips candidate... Aap Senior hai pta bhi hai aap sahi rai de rhe ho exit ki but for me exits are final.

​@rohiitian Bs bhai ese hi ache facts share krte rho jaldi hi recover kar jaega !!!
And downside ko expect krna asaan hai Accept krna nhi.. Will you buy more if LC continues ?? Or will try to exit and re-enter as JSK sir suggested .

I suggested to sell today if someone really acted, i suggest the same for tomorrow as well.

Congratulations bro @CJ ROCKS ....you have rocked dear🙂🙂

One Tiger is better than 5 dogs 😃

​@CJ ROCKS Arrey waah 👌 Congratulations 👏 👏

​@Rakcyt Kaisey hain? Recalled these lines when someone told that it is International Tea Day today

बे-अदबी के इस ख़ुश्क दौर में तबस्सुम एक मुस्कान दिला दीजिए ।
प्यार के पतीले में बनी अहसासों की बस एक कप चाय पिला दीजिए ।।

Aapko bhi Chai-Diwas ki shubhkamnayein 🙂 ☕

BTW, did the Chandigarh group of CG.com meet again? (Plan was to meet Fortnightly)

​@Chhote Lal Thanks🙏 sir for ur greetings😃

​@Chhote Lal Thanks Bhai for sharing such a nice verse on Chai .🙂🙂

Our CHD CG group is divided whether we should meet over a cup of Chai or can of beer 😀 as heat wave has resisted to come out and venture.
However , my adventure group had blast of time at hills on Sat , somewhere between Solan and Nahan , after market closed and spent wonderful time by treking, having picnic with Can of Beeeeeee.....😃😃

​@Rakcyt Thanks 🙏 sir for ur lovely greetings👍. Agree with ur point 15-20 MAINBOARD good IPOs profit is equal to one big SME IPO profit. Just Second SME IPO in last six years. Last one was Accent Microcell which was also sold by me on listing day in December 2023. My score in SME till today is 2/133 and still counting. Tiger 🐯nhi Sir SHARE 🦁 kaho😂on a lighter note🤣

​@Rakcyt Great 👍 Must have had nice time !
Charcha hoti rehni chahiye,
Chahe Chai pe ho
Ya phir kisi aur par .... 😜