General Insurance Corporation of India IPO Message Board (Page 10)

Dear Experts,

Please advise, if it is worth to hold the allotted shares.

Regards,

Sunil Nair

Hold on and hope for the best.
I wish you good luck.

if its for short term...exit

Market is weird.
Loss making gloomy future stock Matrimony gives 10% return on retail Price.
P/E more than 100 stock Pratap snacks gets steller listing.
But a niche player GICRE gets beating, even discount couldn''t save it.
Disclosure:- I have 2 lots, still holding.

Discount is dangerous for any stocks specifically where valuation is high. Always be skeptical where there is discount.

I am also holding bhaiii 2 lots !!
But it will go beyond 867 !!

हमें तो अपनों ने लुटा गैरों में कहाँ दम था
LIC ने भी वही बेचा जिसमे बायर कम था :D

WAH WAH WAH

there is some recovery..from 786 to 804

I am seeing upside now onwards slow but it is now showing sign of upward movement !! 867 it will cross !!

Now where is lic they want 8000 crore worth off shares at 912 rs ...in first 2 hour off ipo opening and at 800 rs they even dont want a 1000 crore shares.....

already told it was just an attraction on listing day Lic would stay away

LIC will not enter market just to support a specific stock level.

They will not lose. They have huge muscle (money power).

Eventually they will earn profit as they are too large (and stable) investors to lose. Problem is more for smaller investors.

If this is the intention of government to loot retailers, then in future it will misses disinvestment targets

The govt could have save retail investors if they would have decided issue price @ 855

anyways, good to hold share. will be back above issue price

Dear friends

Don''t go by the number on the sell side. It is many times misleading.

Suppose some HNI has put sell order of say 2 lakh shares at upper circuit which is 1020. The system will accept this order & reflect it in the overall sell position. Now do you think this level can achieve today? Answer is no.

Punters use this trick to deceive public.

I have seen many times sell or buy quantity getting reduced or increased in lakhs within seconds but share price moves in opposite direction.to expectations.

Also...... Even if everyone is selling it doesn''t mean you should also sell.

Intelligent large investors exploit this very herd mentality.

LIC is booking losses so that this money can be put in New India Assurance IPO to cover.

Most allotees should complain to SEBI about the way this ipo was conducted with insider lic supporting issue changing the entire picture
People with ASBA were not allowed to give bid cancellation letters on 16 th .. i am one of them . email of bid cancellation was not taken cognizance.
if ur bank was not allowing you to withdraw bid during bid period ... complain about that
More the complaints more the pressure

Losses to retail invester in future boycott to government companies

NSE - Offer Price ------------------- 787.20 ============ BSE - Offer Price ----------------- 787.95
NSE - Total Bid Quantity -------- 303777 ============ BSE - Total Bid Quantity -------- 61667
NSE - Total Offer Quantity ----- 5884070 =========== BSE - Total Offer Quantity ----- 945239

Still huge sellers......Sellers 18 times more than buyers

Where do you see this deatils?

Live...      x
LTP      %      Buy Pr      Sell Pr      Buy Qty      Sell Qty
794.15      -6.57      794.15      794.20      531      57

Golmaal 4 just got released today by GIC.

Golmaal 4 just got released today by GIC

Even gic not spared there employees..


If retailers r getting 45 rs discount why cannot employee get 100 rs discount...

@Chem Cho
I am not afraid but will remain cautious even below 800 and will nibble only in smaller quantities.

PS. Replies to earlier messages getting posted to wrong messages for some reasons. Apologies.

Koi bacha lo bhai..mera broker timely bech nahi paya...lag gayi bhai lag gayi..

Bought more at Rs. 800/-

Its valuation that always prevail eventually...