Hi Umang do value your opinion if possible do update if you get any news on cadsys will hold it till Jan thinking of buying 1 more lot as it seems to be really good
125.2. Huzefa| Link| Bookmark|
December 20, 2017 7:36:25 AM
Top Contributor (300+ Posts, 200+ Likes)
Hi Huzefa & bhanu, Today cadsys is moving up with volume, although very late mover, as whole SME segment is on fire. Let''s hope we will see 150 levels from here.
It strikes on Monday probably rate is 69.12 Who have Allotment Dynamic Cable SME IPO do not sell it s daily limit 20 % Plus everyday 20 % reach upto 80 to 100 after decide to sell After 3 - 4 Upper circuit decided to sell Dynamic Cable SME IPO If you want to gain profit wait upto some day it reach upto. 80 to 90 Double your money wait...
@HUZEFA & BHANU, Today cadsys has informed the exchange that it has repaid 11 crore loan of canara bank. It was also declared in RHP in objectives of issue. I think this will improve bottom line.
@sanjay, If you have bought it for short term, then it may disappoint you, as volumes are dried up. It will declare its half yearly result in January (my guess). Although cadsys is far more cheaper than some of the SME''S (IT SECTOR) recently listed, but it is not moving as per expectation. So patience is required. I am holding 3 lots out of 4 alloted in ipo. I exited in 1 lot at 130. Instead of cadsys you would have gone for dynamic . . . . . Today it was avaliable at 45/46. I came to know late, otherwise I would have surely bought 2 lots.
How can u say that about dynamic, it is almost 10%up now at 53 rs.(still raising). One earns 39 k on 1 app. (right now on 2nd day) You can''t expect each & evey SME to get double.
Exited out at 49 when it was going down. Anyways it was good to book profit while disheartened to book double of what I booked. Here I would like to learn how to understand this dynamics. Thanks Umang & Pavan bhai.
Sell at UC tommorow, if you want to play safe. Place your order early. . . . At 9 am. Today volume of 3 lakh shares is bit surprising as in icemake & ani it was less than 10 app. on first day.
No luck again in Dynamic Cables SME IPO. 0/4 - Dynamic Cables.
So far, I have applied for 5 SME ipo''s. Haven''t got allotment even a single time. Is it a gamble between registrar, Exchanges, Company promoters and their people etc ?