Chaman Metallics Limited IPO Message Board (Page 5)

As i said i am not going to even think to sell below @90 .. Bcoz today is difficult, tomorrow is more difficult but day after tomorrow is beautiful and post people and their patience die on tomorrow evening..

Dear All, Tomorrow is 20 percent circuit in chaman hold it tightly for good return.

All the very best…
Let’s hope upward journey of Chaman starts with a bang! 👍👍

Volume is reducing because everyday it is seeing new low and people are wishing to buy at lower price. This stock has potential to become multi bagger and sellers should realise that. Now who ever is selling, doing that with a good amount of loss. Once there is a shortage of supply, price is bound to swing back.

24.21 Cr issue.
Thoda time lega maal corner hone me.. Tabhi chalega, jab mostly log thak ke baith jayenge aur koi track nahii kar raha hoga.. :)

Chaman metallics
1- 16-1-23 3108000
2-17-1-23 60000
3-18-1-23 52000
4-19-1-23 120000
5-20-1-23 1230000
6-23-1-23 756000
7-24-1-23 519000
8-25-1-23. 258000
9-27-1-23 231000

Decrease in volume when the stock is in UC is good as lack of liquidity pulls the price up. Reverse is for LC.

Got it! Thankyou Imhilli sir! ;)

Anyone bought it today?

1 lot @56.9

Thinking to add one more by monday or Tuesday if prices available at 50-54

Holding 3 units average price at 64 for long term. Thanks for the guidance... All senior members(SSingh Sir, Mravi Sir, Lokes Sir & Noorul Sir)

Chaman has informed NSE on 25.01.2023 evening that it has bagged an order worth Rs.14.88 Cr. from Beekay Engineering Corporation to be completed within 1 year.

@AshishTheBoss
Yes, you have rightly pointed out my mistake but I can't withdraw my post. So it may please be read accordingly. Thank God, I attached the letter of Chaman. 😇🙏

Now its is a great news.
Now this share will become rocket.
Enjoy those who are holding.

All the new members that have just joined Chittorgarh forum. Please stop blaming and criticizing all the senior members. They are only helping us by providing their opinion or advice. They are not obligated in any way nor owe us anything,by blaming them you are deterring them from giving their opinions/advice. This is a very healthy forum and has been nothing but helpful. They are anyways going to put their money where they find great valuation and conviction. We need them, it's not the other way around! Smes'are already very risky and unpredictable segment. You aren't going to get any information regarding Smes' anywhere else. At the end of the day it's your money and your decision,so don't blame anyone else for it. I am also a newbie in Sme segment as well as in the forum.

Really sorry to all the senior members from my side @SSINGH sir @Noorul sir @Mravi sir @Gaurav DD Dimer sir @Trueinfo sir @ipo share sir @imhilli sir.

@Mr.Investor
Thanks for your concern but I think it is a healthy discussion and there seems to be nothing wrong in it.
As you have rightly pointed out, this Chittorgarh is a great blessing for SME Investors as no other forum can provide such valuable guidance fro very senior members/experts who themselves are big HNIs and are humble enoto share their strategies.
I also express my gratitude to the likes of @MRavi, Noorul, lokes Sir for their continues help 🙏

@Mravi sir, @Noorul and Dear experts,
There has been lot of positive news about this company. However, stock is not performing that strongly even after buying from Hem.
I am holding 2 lots bought at 60.. what's your view on further progress of this share in short term?

Well said Singh ji

@SSingh, Thanks for the reply

New plant.

@ A Prem. Yes, i am holding.
you have bought it at the right time/right price,
1) it is not expected to go below your buying level.
2) As per the Yesterday News, it is expected a UC today.
3) Today is 8th trading session, on 11th trading day, circuit limit revise, whenever it happens, there will be rise in buying volume even in bad stocks too, it is even good stock.

Since they have find environment clearance it will take 1 to 2 year from now to complete the project.
Price movement to upward direction will be started any time soon.
And when it will start it will not stop move to 4 to 5 times.
It is my guess based on this project.

To the CG team or Dilip ji
If possible, kindly provide a facility here of tagging somebody with their usernames.

What is wrong with this share?
Instead of going up, it has started going down.
I think in SME IPOs, same people keep on buying and to apply in the new IPOs just to take the IPO listing benefits, those same people have to sell the existing shares too. Now, I am trapped here in this share and unable to find the reason of this share going down. What will happen to Hem securities if it goes below even their buying price?
SSingh, Noorul, Ravichandran, Lokes-Any views about the future of Chaman metallics?

@ajay , kotyrak industries was also listed as a SME share , on the price of 51 rs. , it gave multibagger returns within 8 months , and rn it is up 750 percent from it's listing price , it will complete it's 2 years in market in November 2023

Hello Manan
The central theme of my message was to make comparison between 2 same situations.
Just like in kotyark, good news of amalgamation as well as expansion of production facility was not able to get the price to a higher level, in the same way, it may or may not be possible that in Chaman, a good news of new plant will get the company to hit UCs immediately. The news can or cannot make an impact at least for short term. In long term, it should definitely make an impact.
I am just an year old in SME segment but I think this logic applies to SME as well as in main segment but it is more applicable to SME segment because the operators can play their game easily here due to lesser money involved for short term.
I may be wrong altogether in my analysis and please ignore my message if you don't like it. I am learning by reading the views of the seniors here and I am very thankful to them for answering the queries of newbies like me.

Was expecting two UCs after listing and then four LCs, then current price would have some where around 62-67 but isne listing pe hi char LC laga diye :)

Things will clearer once the circuit revises. Till then 55-60 level hi rahega ye. Also two other SME IPOs also coming, so buying nahi aayegi zyada.

any idea when will they post quarter results?

Chaman will cross 100 very soon.. We have to keep patience only...

Chaman will cross @100 soon.. We have to keep some patience....

Chaman ckt khulta hua...buy kr lo ...

As said, transvoy closing today and two more sme IPOs back to back in coming days, chaman finding it difficult to find buyers for now.

LC returns.