I guess that GIC will do well till 3rd Nov that is till closure of NIA IPO. May be a good time to exit for large investors who have invested for listing gain.
What a strong stock, standing tall facing all the headwinds. Every time we see it in red, it bounces back to close in green. Best IPO of recent times. Hold it tightly. 900 mark will be touched soon.
Absolutely ,I agree with you ... It has to touch 900 very soon may be this week ...This stock will prove all experts comment wrong here ...who are having view to sell this in loss.
There has been only two headwinds for this IPO (not the company)
1. First one to list in Re-insurance 2. Greed of Government..........
If government had set issue price at lower end of the IPO band for all investors and left something on the table for investors, this stock would have been flying.
There is no headwind against the company but the greedy government killed the investors sentiment in this stock completely.
Experts.... Pls guide me on further action for GIC. I am holding more than 1100 shares @867. I had subscribed for listing gain buy I couldn''t exit timely. What should I do now? I can''t hold for more than a week from today.
I don''t know why you couldn''t exit timely. If any personal/serious other reason then its ok, otherwise dear your One Million was on stake and you had golden opportunity on listing day to sell at profit
1) Kind of movement it had between 2:30 and 3:30pm, it felt that the momentum would continue the next day and I may get 20-30 bucks more.
2) If you guys read my query carefully I''ve asked for what should be the strategy for GIC I''m short term and not for analysis of what went wrong. Please don''t reply if you don''t have any solution to my query.
First sell 200 shares on Monday if it comes down buy it. If it moves up sell another 200 and so on and buy on every dip to recover your money on dips and rise
LIC holds 90% shares, so it depends upon LIC LIC will try to maintain the price till nia issue after that we will know its real price, which i think is ~800rs, coz on the first day selling stopped at 800
I believe market will give more opportunities to exit at break-even or at slightly higher. I suggest to exit close to 70% of your holding at that point and retain 30% for possible recovery of finance cost of your purchase.
Volatility in this stock is expected to continue next week and that is what you should be looking to exploit and salvage your situation.
Boarders who are feeling stuck in this stock with full quota of app 2 lacs,,,,,,be alert if you are looking to exit.
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October 31, 2017 5:57:45 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@cool sunshine: in BSE, it closed aboved issue price but it closed at 862 in NSE....i have placed my order at 880 but didn''t executed.....880 came in BSE but not in NSE :( hope it will come tomorrow....
IPO Analysis bhai...how r u ..hope you will be good...
market to full supportive tha...GIC ni chla to ky kre...ha ha....all estimations ...listing estimation failed before GIC ....i told market full supportive milega...gic no one able to predict ...jinhone predict kiya they proved wrong..except gamble sir !!
GIC listing happen exactly the same I was expecting it to happen. I did not apply in IPO but bought some after listing when it was much lower. There are many like me in this forum who did not apply in IPO.
Stock and company is not bad......valuations were ......
Valuation wise available at 35 PE 2018(give it 45 tgt 700) 28 PE 2019
35 pe is not high for this type of product mix, just tell me which Related business(dairy, processed food etc) share available below 35 PE with 25% CAGR.
... Concl...
So if u holding above 2 stocks at any buying range then, Do not see price movements Atleast till nxt 2-3 months,
Down ja ja kr kitna ja sakte hai, jara hum bhi dekte hai ????
Was just watching interview of Rakesh Jhunjhunwala. He said "Share market is very interesting, it''s a fight of ego. Market always challenge me. I want to check whether my opinion is right or not."
Thank you Gamble sir for your post.
Disc: Me too holding Capacite, Godrej and planning to buy more.
I was not lucky enough to get allotment in Capacit''e and Godrej Agrovet in lottery.
Since last one month waiting for Capacit''e to get below 330 which is my threshold for accumulation. Hoping to be successful on Mon-Tue next. It is @334 now.
Already bought some Godrej Agrovet and despite last weeks gradual decline will accumulate more below 530.
I am keeping quite a positive outlook on these two stocks for mid to long term.
Hi @gamble, Today Capacite InfraProject increased nearly 7 percentage and closed to 371, So what should be strategy now onwards, Also can you spot again once result declared