Fusion Micro Finance Limited IPO Message Board (Page 1)

Sorry wrongly post here.

Anyone holding Fusion? Any suggestions

Yes holding, but my assumption we can sell around at 425/-, will wait for one week

I am really surprised. Whats there in Five atar that distinguishes it from Fusion.

Five star with a PE on post issue equity of 25 vs Fusion with 12.5. Still Five star is rocking. Jai ho market ki

As I have been saying in various IPO comment sections, Fusion will surprise and rise after results... and results are really good.

I purchased good amount of shares today @368.5 .... Also holding my allotted ipo shares... I feel after two three sessions it will start it's upmove... Results were excellent so surely it should raise soon...

Knha Five star aur Knha ye! Phir dhokha hua!

EPS jumped to 11.48 from 9.07 QoQ. I see it crossing 400 tomorrow. Definitely looking at a target of 500.

कल चार सौ पार....

Excellent Result ....

Today U. C. 378.35

Will cross issue price on monday...

The last quarter's profit was 72 crores and issue was priced at a PE of about 12.5. The main issue with such companies is whether the NPAs are correctly reported on not. If the results are sustained even then it might cross the issue price. If the profits improve which might indicate that the balance sheet was not dressed up for the issue, then it may see an even bigger uptick. Lets se

Finally near to issue price

Fusion Micro Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/11/2022 ,inter alia, to consider and approve This is to inform that pursuant to Regulation 29, Regulation 50 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board Meeting of the Company will be held on Monday, the 28th day of November, 2022, inter-alia to consider and approve the Standalone Unaudited Financial Results of the Company for the Quarter and Six Months ended on September 30, 2022. Further, it is also being informed that the trading window shall open on Thursday, December 1, 2022, in accordance with the "Code of Conduct for Prevention of Insider Trading" as adopted by the Company in compliance of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Moved money from Fusion to Medanta to recover loses.

good decision

Sold Medanta and recovered my losses

Started going up. Time to accumulate.

Fusion is recovering, time to average some? I told yesterday that it will have demand after some sessions...

Soon it will cross below 300

Tommorow will be touch new high

Will buy some more today
missed it yesterday

It is a good company, no need to panic
and a lot of buying is happening

Let's see what happens

If it falls further, will definitely buy for long term

Sell or hold?

🔮FUSION MICRO: RS 111.16CR NSE BLOCK TRADE; FOR ~3092067 SHARES, AT RS 359.5(NEW LISITNG)

Sell it completely might move towards Lower circuit

No need to sell, Heavy buyers are ready to buy and valuation will be improved in near term
Sell only if you need money

@gala congratulations....

More good news .... lot of bulk buy deals happened ... 19 + lakhs shares cornered ...

15-Nov-2022       FUSION       Fusion Micro Finance Ltd       JIGNESH V SHAH HUF       BUY       5,24,000       339.31       -
15-Nov-2022       FUSION       Fusion Micro Finance Ltd       MASSACHUSETTS INSTITUTE OF TECHNOLOGY       BUY       5,52,281       339.28       -
15-Nov-2022       FUSION       Fusion Micro Finance Ltd       P.C.KOTHARI [HUF]       BUY       8,42,000       331.45       -
15-Nov-2022       FUSION       Fusion Micro Finance Ltd       RAJ TRADING       BUY       7,20,000       359.50       -
15-Nov-2022       FUSION       Fusion Micro Finance Ltd       RAJ TRADING       SELL       7,20,000       344.02       -

@Earthking
Please make thorough analysis ( before jumping to any conclustion )
Most of these people are those who only do arbitrage/jobbing in newly listed shares.
Kinldy check Bulk deal data of Both NSE and BSE of same day to conclude ANYTHING....
btw,for your not so kind information :.
RAJ TRADING has lost around 1.11 crores in the data you provided.

More comments from 2-3 year old Experts invited.....

comments plz

Net delivery position for fusion not available at NSE site... Anybody knows Why?

I dont know on what basis people applied on this pathetic ipo.. This company doesnt deserve to trade even at 50% of ipo price