Don''t be panic for apollo micro''s shares, this company is really good, you can also ensure the same after seeing its financial growth, I guess there is a game going on behind the screen, Don''t you have certain doubt on the following things: 1. The issue size was not much big and it got subscribed marvelously 2. How come other people can comment that company''s share price is below listing and etc. Please see last 3 years net profit. 3. There is no more fresh buying because people have created some threat because they want to buy the share at a low price.
So eventually, I would suggest to existing shareholder, hold the share tightly and don''t be penic, and keep calm. if the share has not been valuated correctly if would not have subscribed so much times.
Total Share of the company is = 20,763,886 (2 crore seven lakhs) which was sold @ 275 per share, valuing the company @ close to 571 crore, now the shares issued is for worth 156 crore means roughly 5,688,735.89 shares, out of this 35% for retail so 1,991,058 (20 Lakhs Roughtly) shares if you see the delivery volume in NSE historical records yesterday share volume was 1,038,204 (10 lakhs) shares and today 24598 so slowly the retail portion is going into stronger hands once there are no more available then wild guess
At such high valuations even promoter will sell their shares. they know they can buy from market when the price drops. "Sell when every one is buying, Buy when every one is selling"
Had some findings to share, The script is a T2T, so you cannot sell it the next day till delivery,
1350. ManishDwiv| Link| Bookmark|
January 23, 2018 4:02:34 PM
Top Contributor (600+ Posts, 200+ Likes)
On 6th Feb ,when it will move to Regular rolling segment from T series,its price will be 250-255 :P Everyday 5% LC.No use of putting the bids in the morning..You guys those who got allotmnt should stop putting bids then only Ckt will open othrwise see 260 price on 5th Feb.
The Problem is not retailers or biggies. Long term investors are always in profit. But It''s a fact that everyone wants things to happen fast. If someone buys a share today, they look at its price the very next day. And instead of having a time frame in mind. They develop a fear of incurring Loss. A person investing in stock market can never incur loss unless they sell their holding. (Obviously investing after researching and understanding the fundamentals of the company)
i disagree harit bruh, We are only human aka homo sapiens.
But you saying TOYS then, you would like to digest some facts.
1] India''s richest 1% corner 73% of wealth generated
2] 82% wealth generated last year went to pocket of only 1% - globally
3] india''s richest 1% held hugh 58% of total wealth.
4] world 8 richest men are as wealthy as half the world''s population.
5] Baba ramdevji suggested in open media(before 8 Nov,16) that if govt want black money back than it should replace the big currency note(500-1000) 1 other suggestions also given about simple taxation system but that will taken care after 2019 win.
@market kid Appreciate your thoughts Only keeping in mind the current things regarding AMS I posted this views In a larger version For Smaller investors like me(us!!) traps are set By biggish every time Maybe it''s called trading,which we have to learn
1345. Babal| Link| Bookmark|
January 23, 2018 3:32:24 PM
Top Contributor (300+ Posts, 100+ Likes)
@chem cho...
At what price we shall enter to buy apollo share. How many more lower ckt awaited.
You did great service in buying the shares from alottess and allowing them to make decent profit. Old Gods and the new will bless you. Even me too had thought of buying 20-25 shares on listing but then I stopped myself as my action will benefit the allotees. I wouldn''t have repent it had it rallied to 600 or so after listing. As a thumb rule, I never buy any shares on listing, no matter what.
Why to buy the shares of Apollo now ?? there are many top companies whose shares are less than apollo like wipro, indbank, shah alloys, jsw steel etc. All these companies shares are less than apollo.
1343. CHD| Link| Bookmark|
January 23, 2018 10:20:24 AM
(1100+ Posts, 500+ Likes)
Strange investor behaviour - first they were mad to enter this scrip ...oversubscribed almost 250 times ..... now all those were the LUCKY ones are mad to get rid of the scrip. A great Case Study for Harvard Business School & Psychologists ...!!
Subscription was heavy as all thought it will give decent profit on listing, which it did. 99% of the people applied just for listing gain. Now its just a matter that there''s no buyer at highly irrational price of above 400. This behavior is perfectly rational.
1342. T.agarwal| Link| Bookmark|
January 23, 2018 10:46:56 AM
IPO Mentor (800+ Posts, 1800+ Likes)
I think that it will now open back around 250. I sold 25 shares in the listing .. Now I will hold the remaining 25. bse and nse are together with 5 lakh shares available to buy today .. there is no buyer .. only 20000 shares have been done.
1340. Virat singh| Link| Bookmark|
January 23, 2018 10:34:49 AM
Top Contributor (300+ Posts, 200+ Likes)
Ye to hota hi hain jis din share list hua us din hi sell kar lete maine same day hi sell kar dia greed ki wajah se log fhaas jate hain aur bhi company ko blame karte hain
Most of us have not got allotment and hence the forum itself is full of people who are negative on this stock. If all of us had allotments, we have been singing songs in praise of the stock.
SInce most of the IPO investors are new, any sight of lower listing they will dump their share if they are on profit on listing day. Result of this herd mentality and panic is that only 17K shares are traded and stock is in LC.
I will keep nibbling at every LC starting with very small quantity and will continue increasing my buys at each LC. At this moment there are no buyers at LC, very soon their will not be any sellers at UC.
Yeah true. shremaroo entertainment IPO was another stock which hit LC on listing around a 1.5 year back. Was issued at 180 rs, hit LC on listing day and continued LC till 141 Rs where it started hitting UC. Now trading at 684 Rs.
No one can give an advise which can be valid for all individuals. Sell and buy for an individual depends on their risk profile
Common sense is that most of the allottees will not be able to sell due to LC (even if they want to) then why they want to continue putting sell orders and thus decrease value of the stock they themselves hold.
Astron issue size around 140 lacs , when it can trade still at 145 Rs, issue price was just 50 Rs. Apollo will definitely reverse the trend today or tomorrow and available shares are just around 40 lacs. Have patience. With Budget around the corner on Feb 1st, it is bought to rally.