Can someone please explain impact of Ukraine Russia war on this company ? This is primarily involved in Soya oil but other oils ar becoming costly like sunflower oil as most of Sunflower seeds are imported from Ukraine or Russia.
I am not sure if this is positive for this company as if sunflower oil become costly naturally demand for other oil increases. But from where this company procures raws material for it's production. If it is locally sourced or imported can impact it's business.
All you expert's view is highly appreciated.
30. anantagg| Link| Bookmark|
March 7, 2022 11:25:58 PM
Top Contributor (200+ Posts, 200+ Likes)
Apply Full Force without thinking anything. If this company would be in Mainboard IPO then per share value would be aroung 400-500rs. Value Stock
Anant this is undervalued coz PE is ~5? Sales growth is zero, which is not good. Profit Margin is increasing okay. Book value could be bad assets or bad loans!
Dear anantagg ji, Thank you very much sir jee for your reply. Sir i am a small investor if you share some Good company which is pottential in long term very helpful for me, your Guidance is always very help us. I request once again please share. 🙏 Thanks
30.8. Venkatram| Link| Bookmark|
April 4, 2022 10:41:00 AM
Top Contributor (300+ Posts, 100+ Likes)
any revised target for this stock ? given the ethanol foray? @Anantagg Sir?
30.9. anantagg| Link| Bookmark|
April 6, 2022 2:07:56 AM
Top Contributor (200+ Posts, 200+ Likes)
Venkatram i sold my shares. I dont have any target price buy you can expect it to reach 200 easily
@lokes@mravichandra@nurul expert I badly stuck in sigachi industries. Kindly suggest what should I do . I have 1500 share @ 598.00rs
28.1. lokes| Link| Bookmark|
March 14, 2022 5:37:09 PM
IPO Guru (4400+ Posts, 5100+ Likes)
No idea why you invested so much and that too at so high prices. you can just take lesson for future from this, never invest so much amount in one share and that too already after opening at so high levels. I bought it around 410 levels and sold at 370 long back once my stoploss hit. After that i am not tracking it. It may take very long time to reach the price you bought, you need to track quarterly results properly for that for growth else you can book some partial loss whenever it comes around 450 in future.
@Arca- 2 retail applications from same account? How will it help in increasing chances? I have known that for oversubscribed IPOs, applying for 1 retail lot is same as applying for 10. Do let me know if it is different for SME
@aaj Usually i apply 4 retail applications ( family members) and i have got alloted in nupur, abcotspin(1application ). I dont mind parking my money in ipo rather than in sb account. @hostpacker Chances are less in getting alloted that is the Curse of retailers😬.
24.6. RJ Rocks| Link| Bookmark|
March 14, 2022 8:00:21 AM
IPO Mentor (500+ Posts, 200+ Likes)
Bumper subscription possible These time will apply 4-6 lots in retail category. Fund stucked badly in TCS.
24.7. Arca| Link| Bookmark|
March 14, 2022 9:46:07 AM
(1000+ Posts, 500+ Likes)
Thank God i didn't get a loan for that TCS BUYBACK and invest. Already stuck in maruti -3 lots , djml -2 , safa-1. I learned one thing from this war(unexpected situation). Never add more than 1 lot of any ipo and always have funds to invest (FF) in atleast 1 sme ipo.
24.8. K.Atar| Link| Bookmark|
March 14, 2022 3:53:01 PM
IPO Guru (1000+ Posts, 700+ Likes)
This situation will improve, nothing lasts forever.
@k atar , day by day Putin is doing something bad and America is just adding fuel to his Temper. Already people in Ukraine & Russia are facing bad time.ukraine not having sufficient food,water , electricity and Russians panicked since stock market is closed from 25th Feb and all big business are closing down.i hope it doesn't result in any big war and all gets settled smoothly.
I have target @150 but tomorrow resistance would be there since many would be willing to sell at profit. If results are good we can hold for bigger targets.
@Rajendra Kumar Gupta, DJML - No record date announced so far for the bonus. (however, estimated date for bonus shares would be credited: 03 April 2022, as per Company announcement earlier)
@arca,mravi lokes i have 2 lot of ritco logistics plz tell me hold or sell my buying price 52 rs.when It move to main board postel balet results out but not yet move