Chaman Metallics Limited IPO Message Board (Page 4)

My recent text analysis glimpse of study.Considering budget session and post budget press release texts...
Key words: Infrastructure, Steel, port, mining, iron etc.
Method: word cloud.
Note: sorry can't share image here. Still it's disable.

Nitin Gadkari statement on budget especially on infrastructure..."All raw materials used in infrastructure projects such as cement, steel and construction equipment generate revenue for the government in the form of taxes".

Chaman sponge iron as row material correlation.
"Sponge iron is used in the iron and steel industry as a substitute for scrap in induction and electrical arc furnaces. Over the years, the shortage of expensive melting scrap has made sponge iron a significant raw material for manufacturing high quality steel."

Whenever there is a large chunk that is outside the inner circle of LM and Promoters, prices generally don't move! The reason is obvious. LM and Promoters want to make money and they are not interested if someone else is making money from their shares in SHORT TERMS. For long-term investors who have trust in their business, they of course, don't mind!

Larger chunk of my portfolio has ‘NSE’ stock because wherever market goes, only brokers and exchanges make money and this ‘NSE’ is #1 worldwide in FnO and has market share of more than 90% in India for cash stocks etc.
Back to your question, I have SME stocks which has been grown multifold already. I never hold any stock if it touches its IPO price. And hold only if the appreciation is more than 20% YOY basis. I have my own strategy. May sound stupid to others, but this works for me.

I am holding ‘Chaman’ and ‘Anlon’ from recently listed company.

I will sell ‘Chaman’ if it breaches ₹48/- price and will add more when it crosses its IPO listing price ₹68. Will keep on adding 1 lot after every ₹10 price jump. And will keep my SL trailing as well. Chaman seems the best SME company in recently listed IPOs.

I hope you now know my strategies and these can even help someone here too. 😊🙏🏻

Note: Please take advice from your financial advisor before making any investment. Something which works for me might not work for you. So please focus on saving capital first and then its growth. 🙏🏻🙏🏻

Thank you SSingh sir
For answering my question & sharing your strategies
This is definitely helpful for me as well as other members of the group
Keep sharing your valuable ideas & knowledge
It helps us a lot
Thank again 🙏

Its on individual at what level they exit but i think it can give 5x very soon ..... So you may set your target like that

Dear all please hold the stock thoda bahut upar niche hoga but 1-2 din me fir se 20 percent circuit lagega...

Keep holding this gem.
Good governance. Awesome valuations and aggressive growth plans.
A perfect multibaggar candidate!!!

@GuruMahadev,

About your work,
I would like to really appreciate and congratulate you.
I also work on ML with Python. Mainly EfficientDet, clustering and model inferencing, so can understand a bit about what you are doing.

Like @Arca mentioned
Good to know, data scientist in this group.

Once again,
Thanks again for your contribution.

@DJ. My past experience in Applied AI/ML in stock market. Markowitz portfolio optimization, historic bubble prediction analysis, Macro economics influence analysis on stock market. Based on that collecting historic data & building predictive models.

Bulk deal buy- 270000 price - 63.23 nse

@JJGG before sharing my view let me explain how analytics work; consider a simple hypothesis what is the correlation between Issue size v/s gain(%). in my last 6 months data it shows Correlation Analysis;      Gain v/s issuesize:0.212128186(Means its positive correlation of value 0.2... consider scale -1 to +1. like this we have around 70+ variable created and analyzed. based on this AllE Tec is not solid multibagger option). but it will bounce back from issue price 90 then it will be around 30-70% in very slow period. Note: As a IT person my suggestion please keep an eye on AZURE news @Microsoft on Venders. Due to Azure popularity over Amazon it may effect otherwise it may adverse effect also. Better keep an eye on CLOUND domain recent developments.

@Gaurav DD dimer: I wish your message should come true tomorrow!!! If a stock have Multibagger potential then no short seller can't manipulate...

Now i can say who ever buy above 60, they are not retailer.
So now game is started.
I will pray to got it move like eki and make me karorpati.

May all your wishes come true :)

Bhailog, keep an eye on ANLON.
Low bana ke dheere dheere aage badh raha hai.. CMP is 195.
Disclaimer: Mere pass IPO wala maal hai. Aap log afford kar sakte hain to hee koodna after doing your own research. Just sharing my observation as I track it.
Just keep an eye. :)

Upper circuit........

How long 20% circuit is continuing?

expect till Friday...

15% up.

20%
Done & dusted

Itne saare din ki giravat bas 1 din me hi vasul 🤓

Chaman 10% up...

Today it should settle at least 5%higher than yesterday's closing. I hope, it has already seen the bottom...very rare chance to go back to less than 50 level.

Might be 20% UC today
Jisne aaj low pe kharida unke to jalse he abhi to

Dosto chaman me aaj bahar jarur ayegi....bus sab log hold rakhe bus..

yes please hold

Dear all please hold this stock upper circuit jayega jaldi hi

Holding 3 units. Will add more If available below 50. Pure long term.

Loan agreement

Loan agreement

Loan agreement

SBI sanctioned 210 Cr loan to Chaman which will be used for expansion of the project

Evaluation of SBI for any type of loan especially for SME type of enterprise is very stringent. Chaman has passed it ,that means, company has a good valuation and must be having very good credit rating. There might be some incubation period ... till then we have to keep patience.

@Imhilli
Chaman Metallics’ manufacturing unit at Chandrapur, Maharashtra is spread across an area of around 63 acres of land. So collateral wont be an issue for them. The company plans all the expansion at the existing unit itself.

@Noorul sir, Continuous selling pressure. Any views when will it reverse?

@Dharmendra Adroja
No Q3 results, half year results only for SMEs

@CG addict. It's in metal sector and this sector needs time to perform. Better forget your holding for time being.
SBI grant 210cr loan that's shows the potential of company, it's a huge amount for SME segment. I m still holding 2 lots.

I think it is the market trend which is creating more selling pressure. Cut the supply and HOLD IT.

Can we buy Chaman metallic now?

Disaster for chaman continues... Don't really understand why people are selling with loss🤔

Right... but there is no certainty that wherever they put the money will earn more. Actually when market momentum is the driving force, no fundamental works. That's what happening here. Hope a reverse swing soon.

Cash crunch seems the issue.
Another issue might be public holding too many shares which operator want to grab at lower prices before he starts his game. 👍