Elin Electronics Limited IPO Message Board (Page 1)

𝘘𝘶𝘢𝘳𝘵𝘦𝘳𝘭𝘺 𝘳𝘦𝘴𝘶𝘭𝘵 @22𝘧𝘦𝘣.

𝘚𝘰𝘳𝘳𝘺 10 𝘧𝘦𝘣.

As i had earlier told on friday. ELIN has made the bottom and strong funds like SBI MF and Kotak MF are aggresively accumlating it. So dont sell it and in case u have funds try to buy more for big upmove in this fundamentally strong company

rule no. 1 never average a losing position even if you believe that it may go in your favour

@hrishikesh your rule is correct only if u took just a trading bet. In investing you always increase your position if company is good and price fall is not justified. It is upto u now to decide whether ur position was trading bet or investment. If it was trading bet that u should put a sl or small target and get out

ELIN seems to have made the bottom. Fundamentally the stock is good and with SBI MF which is largest MF is continuing to accumulate the share the company has potential to go upto 400 levels in 1 year time frame.

Elin to investors and traders ☻

𝘞𝘰𝘳𝘴𝘵 𝘥𝘢𝘺𝘴 𝘢𝘳𝘦 𝘰𝘷𝘦𝘳 𝘯𝘰𝘸.

It should be : )

Do know whats wrong with this stock? Fundamentally, the company looks fine. Experts, does it make sense to average the allotments? How do we see the forthcoming result for the company?
Disclosure: Holding 1 HNI and 3 Retail lots.

Nothing negetive it's fundamentally good and pf stock but shorter and weak share holders exiting in loss causing it free fall like anything.
TTM PE is currently less than 28.

Also Many others have misinformation about shareholding that it's 33% but it's in real 57% I mentioned here: https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1346&c=570504&ap=0

Promoters claimed in an interview that they will grow 25% cagr in coming 2 years and also fetch little higher margin than current margins of ~8%.
But we can't trust 100% on promotor claim , they couldn't achieve always what they say but we can estimate their potential.

SBI mutual fund holding now 7.8% stake

SBI Mutual Fund under | December 30, 2022/| Acquired SBI Mutual Fund
its various schemes Regulation 29(1) of | 28,02,772 Equity| under its various
the SEBI (SAST), | Shares (5.6440%) | paid up share capital on December 29, 2022

In block deal data fund house purchased and selled in the same day why? Something fishy

Dear Monster zero,
Wish you and your family a very happy & prosperous New Year 2023.
Thanks

@Dharmendra Sharma

Thankyou and wish you the same.🎉

30-Dec-2022      ELIN      Elin Electronics Limited      COPTHALL MAURITIUS INVESTMENT LIMITED NON ODI ACCOUNT      SELL      5,42,828      231.42      -
30-Dec-2022      ELIN      Elin Electronics Limited      MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED      BUY      7,63,494      231.40      -
30-Dec-2022      ELIN      Elin Electronics Limited      MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED      SELL      7,63,494      231.97      -
30-Dec-2022      ELIN      Elin Electronics Limited      MORGAN STANLEY ASIA (SINGAPORE) PTE.      SELL      5,00,000      231.60      -
30-Dec-2022      ELIN      Elin Electronics Limited      NK SECURITIES RESEARCH PRIVATE LIMITED      BUY      4,00,710      234.86      -
30-Dec-2022      ELIN      Elin Electronics Limited      NK SECURITIES RESEARCH PRIVATE LIMITED      SELL      4,00,710      234.98      -
30-Dec-2022      ELIN      Elin Electronics Limited      SOCIETE GENERALE      SELL      3,37,897      234.27      -

@Abhijeet Kumar, thanks a lot for the explaination 🙏, definitely a great learning for me.

Because of these kind of funds who only apply in IPO's for relationship basis i have been continoulsy warning from subscribing in IPO's unless its very good deal. Its better to buy good quality company when they fall fater listing instead of buying junk companies during IPO's. Elin is one of good quality comapnies listed at decent valautions and hence i am recomedning to buy now instead of applying in junk ipos. Earlier i had recomended great quality company bector foods which had fallen to 250 after great listing last year. Now bector foods has recovered and trading at 420.

Even though discount listing is not unexpected and disappointing, I will hold my 3 Retail lots for at least about 6 months, expecting a recovery within that time frame.

Even though fellow members may have different opinion, I am very well aware of the fact that Market is always supreme and unpredictable , especially in the short term. What I want to convey is that the the tendency to flip the shares on the listing day irrespective of profit or loss will only help the Operators to corner the shares cheaply. Everyone has absolute authority to take his or her decision. Keep sharing your thoughts for the benefit of all.

Move to AU SMALL FINANCE BANK ........hold.

It will double in 3 years.

Mainline IPOs are like bollywood movies getting flop after flop. However, SME IPO are south indian movie getting super dupur hit with handsome listing gain.

Well said. Suits appropriately now

Company is good for investment so dont book loss and average it on declines

JUST LIKE PAYTM,POLICYBAZAR TYPE AVERAGE

Averaging rarely rewards investors. Do not get into this trap.Averaging is good only when market falls by 5-10%.
Elin will move either way from this price,Have strict SL.
Keep Minting💸🙏

Bought 3.5 lots at 8% discount..
Will keep it until 28-290..

Nothing to panic in the company. Good delivery based buying by a big fund happened during last 30 mins of trade. So expect very good ahead in next few months

TGT PRICE TO BUY AT 150-160.....AS PER MY ANALYSIS

Can u explain your logic ?

Request someone to please clarify that in Preopen, can someone put sell order (short selling - in case of newly listed).

@aavi. Yes it is done in every ipo, fake buy/sell orders to manipulate listing price. If you had look closely today, just before 9:44 am sell volume reduced to half, thus we can say it was fake orders just to manipulate demand supply .Opening prices are always decided by demand and supply, more the supply less the opening price and vice versa.

@aavi you muat have shares in your demat to sell in pre open , short selling not possible in pre open session upto 10 am.
later also short selling is not allowed on ipo listing but some broker allows it.

HOW THEY FOOL INVESTORS BY SAYING "VALUE STOCKS,HOLD FOR LONG TERM".......MOSTLY FOLKS CAME HERE FOR GMP TRAP....NOW MOSTLY EXITS AT 230...GOOD BUY AT 170-175 LEVELS

Third class listing
Promotor smile 😊
Retail investors trapped 😂

And today is good day to say goodbye the market for retail investors 😂 (last trading day of the year).
Please don't forget to write the letters 😊

Bought small qty. @ 235 add more in decline. We were standing in queue @ 247 in IPO but not want to buy at discount. I had done same in UNIPART and now in profit..

Listing as expected has not been good. But as company is decent. So no need to panic if you can hold on for long term. It will give atleast 20% upside in next 6 months