One should buy Gland Pharma at dips, it'll be multi bagger going forward. Stock markets don't move by sentiments. They're ruthless today, tomorrow and in past. Don't miss great opportunity to buy when it falls.
Hi All I will be holding this stock for the long term due to below reasons n keep buying if price decreases 1. Till date company has not recieved any obervations from USFDA letter. 2. Based on Q1 earnings company is available at P/E 20 where other pharma companies available at P/E 30 3. Monopoly in the injectable segments. 4. Traders stayed away from the stock due to low GMP, RII n HNI segment analysed the companies potential n applied for longterm.
It's going to be positive listing. Major chunk of HNI quota was subscribed by some ace investors (as per news websites). Retail very low subscription, so chances of selling at discount are meager. It's in niche business, and hence, competitors or peers in same kind of business is absolutely nil. FII and FPI give more value to this kind of B2B niche business. Fingers crossed.
Disclaimer: applied and got allotment of 10 shares
454.1. arunARUN| Link| Bookmark|
November 19, 2020 5:09:27 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Till covid is there Pharma bubble may not go away. Actually all postposed optional hospital options (all non urgent surgery ) will come back. Backlog of more than 8 months for them will come up post covid
454.2. Lokesh Chiru| Link| Bookmark|
November 19, 2020 8:08:40 PM
Top Contributor (400+ Posts, 300+ Likes)
If you’re really worried about Chinese investment In this company then you should not be buying any laptop mobile TV refrigerator medicines????
People who have not applied they are more desperate to list this in discount... reason is not they want to buy this in discounted price...main reason is in 100% allotment chance they just want to make sure that they have not loosed chance of 10-15% listing gain...
People who have not applied they are more active on this gland pharma page than people who have actually applied and allotted...