This is such a low priced IPO. I would expect this to fly similar to Bombay metrics or Ksolves after consolidation... At today's price it is around 15 crores market cap. Expect it to be around 50 crores mcap at least soon... so price of around at least 300+ is expected soon....
@Avenue, why the allotment is revoked? I do not find the allotment status on BSE or skyline financial. However, bank has released my lien. wondering what has happened?
57.3. Learner SK| Link| Bookmark|
March 2, 2022 6:50:25 PM
Top Contributor (1000+ Posts, 200+ Likes)
Mandate Revoked means no allotment and fund unblocked. Mandate Honoured means allotment and fund debited from bank. Even if registrar doesn't show status, it is confirmed.
You could wait for some more time to invest, My knowledge about Putin (he has some medical problem ,he was diagnosed with early stage Parkinson disease. In fact earlier he was about to step down as president because of his medical issue, inspite of his eligibility to be as president (till 2030+).
If you want to further invest wait ,don't block your funds till some decision is taken by World leaders.i blocked 70% of funds without knowing of a war imminent You could buy at better prices that is what I am telling.
I am sitting on a lot of cash right now because of 2 reasons, 1. Doing Profit booking and some GTTs (VTCs) triggered in last few days/week 2. I was not investing for quite some time so cash accumulated.
I am planning to do the same (as today) for every fall of 500-600 points in Nifty or with the gap of 2-3 days if the situation stays the same.
@Arca, Thanks for the detailed medical info about Putin, I was not aware of this. I am trying to buy at every dip of a few hundreds of points of Nifty as FIIs are also selling from some days/week, now some good stocks are at very good buying levels as per my understanding.
@Both, Maybe, it is because of FOMO in my mind. Thanks for the suggestion/discussion though.
50.4. GJ 😀| Link| Bookmark|
February 25, 2022 11:06:54 AM
IPO Mentor (1600+ Posts, 400+ Likes)
Looks like I wasn't so wrong yesterday 😀. Overall Portfolio up by 5%.
I was wrong ,You bought at right time. I was just waiting for a confirming indicator for market recovery like Russia taking over Ukraine or Russia retreating but the funny part is those who were supporting are retreating like us,eu & nato as they have their own problems (covid ,inflation etc). Ukraine president is also concerned about his people that is why he is not willing to fight back and lose his people in vain.
@Avenue, @Learner SK and @Arca, I just got lucky as my anticipation became right.
Everybody said and still saying, We are with Ukraine, blah blah, etc... but nobody will come with their military support as on the other side they have Russia which is also one of the superpowers (with nuclear weapons too) in the world and nobody wants to do this (दूसरे के फटे में टाँग अड़ाना).
@Krupa, Thanks, man. I just try to help wherever I can.
And I am not at all smarter than anyone. Just tried to take advantage of this war situation and bought the dip.
50.10. K.Atar| Link| Bookmark|
February 25, 2022 7:43:29 PM
IPO Guru (1000+ Posts, 700+ Likes)
On 24th Feb, I also invested around 6% more in my portfolio.
50.13. GJ 😀| Link| Bookmark|
February 28, 2022 2:11:53 AM
IPO Mentor (1600+ Posts, 400+ Likes)
@K.Atar, I was also skeptical but went ahead and invested.
@Blick, As per my understanding, US market won't crash until the US is involved directly in this war situation OR Russia starts a nuclear war. The probability of both things is very low.
@Shanm, Good for the long term.
I am planning to do the same again 2 (max 3) times if the situation repeats.
49.1. Jsca| Link| Bookmark|
February 25, 2022 1:38:31 PM
Top Contributor (500+ Posts, 100+ Likes)
Off the topic @Avenue Sir or any other having problem of Not able to sell at ICICI SECURITIES of PRECISION METALIK at Preopen on 1/2/2022 and have snap of insufficient quantity or any other evidence please share same as they don't agree that there is a problem from their side.
Any resolutions given by icici securities please share the same.
@Jsca... sharing screenshot is not allowed here I think. What will you do with screenshots? BTW I have all screenshots and had exchanged emails at various levels with ICICI, but know that there support is pathetic.
49.3. Jsca| Link| Bookmark|
February 25, 2022 6:02:59 PM
Top Contributor (500+ Posts, 100+ Likes)
@Avenue Sir, i had lodged complain to nse for same and they replied today if i have screenshot, they could help us in this matter even they try to compensate our loss.I know another 4 persons with same complain but don't have evidence to proove.Is it possible to share screenshot on my email?
@Jsca.. I had no hope from icici, but after seeing your message have raised my complaint at NSE. Let's see.
Since this is not Precision Thread I suggest we move to that old thread. It is a bigger issue than I looks as I feel not even a single icici allotee could sell on listing.
Guys, Also check with someone who was able to sell on other brokers site like zerodha at that time on listing day I remember people (on zerodha) complaining about precision on the day when circuit breaker changed. Many people were not able to see this stock even using any new/changed stock code in zerodha and ICICI for almost one full day No one is sure where was the problem but people reported this stock appearing fine a day after CB change. ICICI is the worst as far as customer support is concerned.
49.6. Jsca| Link| Bookmark|
February 27, 2022 12:07:33 AM
Top Contributor (500+ Posts, 100+ Likes)
@Avenue Sir @Ipo Mitr Sir,As we all collectively raise complaint to nse icici securities has to compensate for same.If possible please share screenshot with permission from admin as matter is very big. If not possible to share screenshot than please share your complaint number basis on which we can proove our matter as we are total 4 persons having same problem with icici securities.
It is futile to discuss who was right and who was wrong in the HINDSIGHT. One should continuously assess their own situation and act accordingly. Suggest avoiding the herd mentality as you may potentially lose in one transaction what you may have earned in 10 other transactions.
Everyone should act based on their own RISK and REWARD perception and their own investment profile. One can never be correct in 100 % of their transactions and even if someone can make app. 60% ( not a specific number but more of rule of thumb) of their transactions positive then he/she can become KING/QUEEN of the stock markets.