Really missing septa, who provided wonderful bail out ideas during dilip buildcon listing day. Badly trapped , although no problem in holding the stock.
GIC is making base at 800 now long term investor will enter with their own horizons, i think todays closing will be at par 867. But to reach 1000 how many months it will take is big question. ICICI Lombard was open in red closed in green. Lets wait for 15:30.
GAMBLE sir truly deserve a big applause for his great analysis. Almost all other analyst got wrong. Government gave 5% discount to lure retail investors just as goat (Bakra) is given green grass to eat before being crucified.
In the longer run, this stock may rise and give some return to investors from the issue price.
There is a positive side to this IPO. It should bring some sanity in IPO market and investors should realize that there is no free lunch. Just because allotment is guaranteed doesn''t mean that one should block hard earned capital.
1275. Pokemongo| Link| Bookmark|
October 25, 2017 11:54:34 AM
Top Contributor (400+ Posts, 300+ Likes)
What is the PE at 800 Rs pls?
1274. Nicks Jain| Link| Bookmark|
October 25, 2017 11:54:34 AM
IPO Mentor (700+ Posts, 900+ Likes)
Who has alloted shares is advisable to exit around 830-850 if at all comes. Else its not a buy for sure.... Dont Buy or Avg
1273. Chem cho| Link| Bookmark|
October 25, 2017 11:21:11 AM
IPO Guru (2600+ Posts, 2700+ Likes)
good buy at rs 800
1273.1. Chem cho| Link| Bookmark|
October 25, 2017 11:48:47 AM
IPO Guru (2600+ Posts, 2700+ Likes)
Retail investors please stop selling... If sellers will not be there then the price will automatically move up. Institutions will be happy to buy at 870-875...but if you keep selling at 800 institutions will laugh their way to bank.. Buying at 800...
1270. P M| Link| Bookmark|
October 25, 2017 11:45:17 AM
(1100+ Posts, 1100+ Likes)
When the subscription to this IPO was open, folks in this forum mentioned kostak range of INR4500-5500 for a 2lac application. I am curious to know how 2.5 to 3% gain is justified considering the risk involved in this IPO.
3% gain in 10 days is not equal to 108% annual returns because it is not really that simple as pure multiplication because of associated risk. You may chose to ignore the risk at your own peril.
If you cannot take even this moderate risk , then market is not for you. please stay with FD Stock market is not risk free investment. in this , you need to take calculated risk , here and there.
I have been in Stock Market investments for last 20 years but will still learn from you if you can justify why just 3% return on a large investment of 2 lacs is worth taking and what happens if (god forbid) 2 lacs investment doesn''t provide immediate exit with acceptable gain.
I am not saying if this IPO will provide immediate exit or not. It is not an individual call but I am looking for justification for investment which helps everyone.
IMO whoever ignores to balance risk vs return in stock market will have a tough time.
Thanks cool... nobody ignores to balance risk vs return in stock market.
I also in the market for the past 15 years, came out successfully from 2008 crash.
As i told already, It is a calculated risk i took , having the cushion of 5% and firm allotment and LIC factor. (Made handsome money in arbitrage trading with calculated risk)
If you need 100% fool proof trade/investment , sorry it is possible only with FD (that also limited to 1L protection)