Career point could be held for medium term to get some mad returns
However Coal India is the best. But yaar right from starting i invest in commodity stocks in downturn only
Like i recently bought rajshreee sugar at 49 when sugar botttomed out.....
Usme maza ata hai yar.
Agreed Coal India is an awesome stock. I have done enough study on it also.
But Commodity stocks say for ex TISCO was attractive at 170 in 2008 was attractive at 450 in may 2010.
I think they shud only be bought when in downcycles they are available at PE ratio of 3-5 or PEG (Price to earning growth ratio) of less than 0.20 than investing in them in their peak of 15-16 PE.
Although Coal India is best commodity play..esp. when coal is such a rare commodity and coal india has international and not national level to prove where it already enjoys 80% market share in India.....
I do not trust that Chooor Anil Agarwal and hence do not want to invest in Gujarat NRE COKE.
dekho kitna ipo atta hai or yeh sj and ipo expert aap logo ko gujrat pipa and other third class company me invest karne ko bolta hai dekho kitna chalu log hai apne dakh liya hoga.inki bath mat manna. yeh log khudh ipo me paisaa banata hai or dusro ko stocks e 2011 tak invest karno ko bolta haii.zab paisa abii banta haii to 2011 tak kaho ko rokna. Dikhave pe matt jaoo apni akal lagao.
PRINCE BHAI, One good thing about the several IPOs is we will get good allocation so profits would be better.In the list 3 Issues are glamorous Issues Vatech,Career point & Eros.Indosolar most people will not subscribe as they will be fearful of it.My first choice is Microsec purely for speculative reasons.I know you get out of the Issue in the first hour itself.Apply in it only if you can hold it for 2 days & put stop loss below issue price.You will get either heavy returns or 0 returns which I think there is less than 5 percent chance.I got around 14 K per application in Prakash steelage.So that is equivalent of 6 applications in normal Issues. Other IPOs you will get standard 2-3 K returns per application.As you do not hold stocks long term you can apply for Careerpoint,Vatech & Microsec but you should hold all the 3 for atleast 2-3 days to get maximum returns.If you want safe & assured returns go for Vatech,careerpoint & Eros.You will easily get 2-3 K per application.
I THINK WE CANT LEAVE EITHER OF THE THREE, CP, VW AND EROS. QLTY OF ALL THESE 3 IPOS ARE BEST THEY ARE THE LEADERS IN THIER BUSINESS.
WHICH ONE TO APPLY WILL NOT ONLY DEPEND ON PRICEING BUT THE OVERSUBSCRIPTION IN RETAIL.
CP WILL BE MUCH SMALLER ISSUE AROUND RS.115 CRORES, WHERE AS EROS AND VW WILL BE AROUND RS.300-400 CRORES SIZE.BIGGER SIZE IPOS WILL ENSURE CONFIRM ALLOTMENT ATLEAST.AS FAR AS HOLDING THE PRICE POST LISTING CP AND VW WILL DO A BIT BETTER THAN EROS.
LETS WAIT FOR PRICE BAND TO BE DECLARED AND ANY NEW IPO OPENING IN THE MEANWHILE EXCEPT 5-6 ALREADY IN THE LIST.
buy shreeashtha on monday..dabbanng..a huge hit...the bang effect..will get to see on monday and coming days..sureshot Rs:30-35 in short term..wat say boarders...pls comment
Like most BOARDERS Here even i am stuck in dilenma.
Which one to apply for.
My heart says Vatech Wabag but my mind says eros and careerpoint.
Well i will go for vatech wabag definetly.
Between EROS and Careerpoint i will decide on seeing actual price band only and apply in one of them.
Indo Solar Microsec Coal India do not appeal me.
Although Coal india is a good bet but i am avoiding commodity stocks in such an overvalued market when there are many external shocks from US and europe and China slowdown fears.
Actually this mad rush for IPO's in next 7-10 days is because of "Shradhpaksh" starting from 24th Sep.during which period no company will enter the market. Secondly, no company wants to miss this feel good period which the market is witnessing curently. It's now upon investors to decide which IPo to subscribe and which one to leave in view of limited resources but one thing is sure the early movers will get good subscription level and those coming around 20th will get subdued response hence better chance of allotment. Surely, funds cannot be used for two issues in this month.
Thanks gem, then I will buy rswm on monday for around 6000Rs. and will keep for long term, thanks for your sugesstions, also please suggest these kind of shares in future for further investment. Continue your good work.