@ Jethalal What do you mean to understand by " Modiji is also an excellent orator " Have you tried to praise me or tried to put me to shame. No , no , no ... This is much too an exaggeration! However, I shall restrain myself today. At least something from your subconscious mind has come out.
A PROTEST AGAINST THE UNDULY BEHAVIOUR OF A HOOLIGAN YES/ NO & RECOMMENDATION GROUP.
Yes; I posted some big essays on this IPO .But all after the bidding process is concluded and that too with a candid declaration that this belated presentation is with an intention that individual opinion is not affected.The write up got general acclamation reflected in the number in green tag.Only a few made some passing comments like too big etc.A specific notation was given that it is only for those who have interest in this subject. I am overwhelmed with this information that so many persons have read it and marked their feelings. I believe that the strength of the words alone drag a sensible person uptil the fag end. A friened in his comment has rightly pointed out that an envious group has emerged so that such dissemination does not come into being, he has also commented that they are jealous.I realize how intelligent a person he is. I am really surprised such big big writing with so much information none has any point to argue or put something to the contrary. Only blank passing comments ? I have just presented available information about the company as per my understanding. The role of the promoter , their intention and possible effect of it. I have not given any recommendation, any listing price or any target at any point of time. I have not countered anybody during the spam .I have just presented what I have found in my study during the extra time available here . I have only disclosed that I am FF here. That is as per my sense and my investment time horizon and ability to trade to bring the cost of carry down which is my passion. TODAY I HAVE ADDED 200 SHARES @676 after trading 2800 shares.
THEN WHAT IS MY FAULT ? CAN ANYONE EXPLAIN?
Today I am really surprised to see the unruly behaviour of some members (even highest tag holder may be cautious or finger in every pie )who may have made some money during the bull period but does not know the ABCD of the market. I may provide with my explanation sensibly but on demand. For now suffice it to say that a man who has knowledge of ABCD of the market, IPO & its listing can't behave so inordinately.
I shall withdraw my comment if any of them have ability of writing at least 15 lines as to any topic relevant to the stock market and sustain my challenge which will eventually benefit the forum members with dissemination of knowledge. Topics like 'How,when and why to put a stoploss vis- a -vis is there any alternative of it ' may be an interesting one.
In this entire episode some persons have unscrupulously carried on with their agenda of frightening members of this forum. And some with growth rate etc of private companies.It may be his hidden agenda. Can he give a full presentation why we should invest in a pvt. LI company?
In fine , I prepare and consolidate data for my own understanding and use. I have shared many. Also have some in hand which I must hesitate to share with.
Hello everyone...this is my first post about this IPO...... I want to clearly mention that this share is not going to touch even 930 rupees.....I will explain later......just like Mr.sarkar.
@Asoke sarkar sir, you may want to review the above post (I did not review all the latest relevant posts but I still believe...you could have managed this post better)
You writings have been fabulous. Your posts gave different dimensions and very informative with facts.
You posts are still valid and this 'an age old sandal tree' will give the fragrance to those believe. Keep up the work.
p.s: not every IPO will go up on listing day or next. This has potential to go up for those have patience and fetch good rewards for long term.
Disclosure: I have no vested interest in LIC so far. I regret that I could not able to place order today due to my professional work.
Thanks
1687.4. ColdBurger| Link| Bookmark|
May 18, 2022 12:39:36 AM
IPO Mentor (1300+ Posts, 400+ Likes)
@Asoke Sarkar - Dada, very few have the trading skill like you to get LICI @676 after trading profit adjustment, so you don't have to worry about loss😉 . The people commenting otherwise on your post may have different objective of Race3 and so passed comment. Not to be taken seriously unless one is repeat offender, everyone is at different mental level.. some are more volatile like market..so just live and let live. Profit & Loss will keep playing with our sentiments so things will keep spilling. Keep sharing great posts, what once decides to invest is finally his/her own decision.
@ M Ravi sir, You are right . I do agree with your point. @ Coldburger Yours is a valid point .
I shall like to make out that portfolio loss/ gain at any point of time is a notiónal one. And loss/ gain from a day trading is a real one . Thank you very much.
Dear Mr Asoke Sardar. I fully read your write ups and appreciate wholeheartedly your writing skill and deep understanding of the Market. I am an Investor with over 40 years Market experience. Every Investor can draw inspiration from many sources , but should be aware of the fact that it is their money and their decision. They should never resort to blame any one if their decision went wrong sometimes. Keep sharing your valuable thoughts. Regards
1687.9. Jetha Lal| Link| Bookmark|
May 19, 2022 1:12:53 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@ aachar See one lal has come at your call and see what he has witten. Fact is that you are begging response from those whose capability is not more than you. Let's see . By the time you learn to distinguish between philosophical essay and presentation with data or analysis of possible outcome. I need not have to answer you but today I am very happy with your responses. Lal will be taken in the evening for expressing my gratitude. Thank you
1687.11. Jetha Lal| Link| Bookmark|
May 19, 2022 5:05:30 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Ego is not good for success and health 😉 Who cares for your response? Just mirror was shown to sugar coated long philosophical essay and I am not doing rather market is doing that.
When we were in school and we didn't know answer in exams then we used to write long answers to show that we knows a lot and had hope that we will get good marks. Jumla se kaam nhi chlta. Jumla sunne me acha lagta hai but reality se bahut durr. It was nonsense post and it will be nonsense post no matter how much you brag about yourself.
@ T Ramasamy Sir, Its a pleasure for me getting your view. You have spent long 40 years in this domain . It is thrilling for us . At least when people are getting impatient within some days , you have left us with an impression what the share market actually is. Thank you sir
Jisko confidence hai, wo short karo.. investors stay relaxed...itna bura ho chuka hai ..ab toh farak bhi nhi padta.
1686.6. ipo share| Link| Bookmark|
May 19, 2022 8:26:08 AM
IPO Guru (1500+ Posts, 700+ Likes)
Jo jhukte nahin wo toot jate hain - old saying.
1686.7. ipobull| Link| Bookmark|
May 19, 2022 9:34:51 AM
IPO Guru (1000+ Posts, 1000+ Likes)
@ipo share, Sahi bola. LIC ek haathi hai and haathi ki tarah hi chalega. LIC will make new lows as we go forward. People should understand one thing. To move a behemoth, you need lot of investment by big fund houses.
Pushpa Jhuk Gaya.. Now 850 net loss per Retail Lot... It just seem if anything here is going to get booked is Only Loss.. only hope is Pushpa Rises Again and we exit with minimal loss
1686.9. Jetha Lal| Link| Bookmark|
May 19, 2022 2:12:41 PM
IPO Guru (1000+ Posts, 2100+ Likes)
We should be both, flexible and firm in nature, like a tree. Firm from roots and flexible from branches.
LIC is a mammoth, it will run (and reach IPO price) when the secondary market recovers. Till then it will bleed day by day.
1686.13. Jetha Lal| Link| Bookmark|
May 19, 2022 4:55:26 PM
IPO Guru (1000+ Posts, 2100+ Likes)
B.M.Surana sahab Main usme bhi intrested nhi hounga kyonki LIC ke policy me sirf agent kamata hai na LIC aur na Policyholders 😂😂😂
Jab bhi LIC agent mujhe policy bechne ki koshish karta hai toh main usse hi smjha deta hu kya ghatiya cheez bech raha hai.
1686.14. Jetha Lal| Link| Bookmark|
May 19, 2022 4:59:24 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@GJ When I started reading your post then it was looking that it will run and fly high but your target ended at IPO price 🤣🤣🤣🤣
I remember once IRFC ran and reached till 26.5 after falling till 20 and I can't forget how heavy selling pressure came from people who wanted to exit.
Three things are common between them: 1. PSU and very sound fundamental 🤭 2. High Retail participation 3. Very less institution interest.
Embedded Value of LIC is ever changing with market movement as 70% of its embedded value consists of share investment. So every 10% drop in share investment will reduce 7% embedded value.
1684.1. arunARUN| Link| Bookmark|
May 19, 2022 5:47:14 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Totally wrong. "Embeded value" is value of business as on date. Nothing to do with share valuation. As per insurance ACT only 25% money can be invested in equity for non ULIP policies. In case of ULIP the risk is in the hand of policy holder
1683. jay here| Link| Bookmark|
May 19, 2022 10:16:52 AM
IPO Mentor (700+ Posts, 500+ Likes)
As a day passes a little buying and less selling are noticed,hop big funds shows interest.It is definitely a gem stock dont panic and sell but even if you hold for long term keep your sl strict as per your risk capacity so we dont have to bear loss like cartrade(though lic and cartrade is not comparable).
1683.1. ipo share| Link| Bookmark|
May 19, 2022 12:31:28 PM
IPO Guru (1500+ Posts, 700+ Likes)
Almost 100 rs down from issue price. No Block deal or bulk deal happened since listing. Slowly but surely going down with every passing day. It doesn't matter whether market is up or down, it is going down and down. Retailers are waiting for 900 to come. At 900, there will be huge selling pressure, if it comes back to that level.
1683.2. Jetha Lal| Link| Bookmark|
May 19, 2022 5:23:04 PM
IPO Guru (1000+ Posts, 2100+ Likes)
Technically bulk deal can't happen in LIC until someone is ready to pump 3000 crores in LIC because Bulk deal means 0.5% of total shares of company. No institution is ready to put 300 crores at the moment.
I sold 1 lot of LIC shares but now it is showing in position. Is it normal or have I made a mistake. Simply I wanna sell my holdings. PS. This is my first time dealing in share market.
Which broker if zerodha then its ok orders mai jake dekho executed dikhayega and 80% funds thumare acc(demat) me reflect krenge for trading not for withdrawal if wo hua then congratulations you have sold it
If it was showing CNC (Cash and Carry), you sold holding If it was showing MIS (Intraday), you took a short position that must have been squared off by approx 03.20 PM.
Refer below screenshot for selling Holding next time.
1676.2. ipo share| Link| Bookmark|
May 19, 2022 8:31:27 AM
IPO Guru (1500+ Posts, 700+ Likes)
Lagta hai as a policyholder jitna bonus diya hai sab vasool lega. Pinjare mein kaid pakshi udna bhool jata hai, wo hi haal is Govt Company ko list karene se hua hai.
1675. K.Atar| Link| Bookmark|
May 18, 2022 6:39:05 PM
IPO Guru (1000+ Posts, 700+ Likes)
Policyholders who missed out on allotment will pick up LIC shares: M R KUMAR, chairperson, LIC,
By Subrata Panda | Last Updated at May 18 2022 01:55 IST, Business Standard
Policyholders are paying the premium for their insurance. Why would they buy shares ? Funny
@K.Atar , I am not asking to you , just posting what I thought by seeing his quote
1675.2. ipo share| Link| Bookmark|
May 18, 2022 7:37:38 PM
IPO Guru (1500+ Posts, 700+ Likes)
Till FIIs come in and buy bulk quantity, we can't expect much upward movement in price. FIIs have not taken any interest in LIC IPO since beginning.
1675.3. Jetha Lal| Link| Bookmark|
May 18, 2022 7:49:55 PM
IPO Guru (1000+ Posts, 2100+ Likes)
GOI reached out to many foreign investors and Pension Funds For example 1.Capital Group 2. Aberdeen Asset Management 3. California University Endowment 4.Abu Dhabi Investment Authority (ADIA) 5.Govt of Singapore Investment Corp 6. Three Canadian Pension funds 7. HSBC 8. Standard Life etc How many were there in Anchor book? But Retailers and Policyholders were fooled by saying that you must have LIC in your portfolio 😂😂😂
And SBI (MF) brought around 25% as part of anchor and may be another X% in QIB . Institutions are saving each other using money that belongs to its customers.
1675.5. Jetha Lal| Link| Bookmark|
May 18, 2022 8:25:22 PM
IPO Guru (1000+ Posts, 2100+ Likes)
The purpose of SBI and LIC is to absorb wrong doings and mistake of Government. Time to time they have to absorb shit in themselves. It's funny that people are hoping them to be portfolio stock and wealth creator. How can we forget merger of all shit subsidiaries of SBI and come to rescue Yes Bank by SBI. Forced buying of IDBI Bank by LIC. Dump LIC and look for better companies in financial and insurance sector like Bajaj Finance, ICICI Bank, HDFC Life etc
1675.6. K.Atar| Link| Bookmark|
May 19, 2022 12:01:19 AM
IPO Guru (1000+ Posts, 700+ Likes)
Its a cruel joke that he is making, it is only adding salt to injury, instead he should have twisted arms of those companies whom LIC have saved and made them by LIC shares on listing day. But iss promoter ko bas apne fayde se matlab hae. Ab huge dividend ka announcement karna chahiye, kuch to jakham pe malham ka kaam karega.
1675.7. Jetha Lal| Link| Bookmark|
May 19, 2022 12:10:57 AM
IPO Guru (1000+ Posts, 2100+ Likes)
@K.Atar ji Don't have hollow hope from LIC. As per LIC Act only 10% of LIC's profit can be distributed to Shareholders and rest 90% to Policyholders. It was 5:95 earlier. LIC can never give huge dividend to its shareholders. Look for other PSUs for dividend.
1675.8. K.Atar| Link| Bookmark|
May 19, 2022 12:32:55 AM
IPO Guru (1000+ Posts, 700+ Likes)
Jetha ji, I didn't applied in LIC and neither i am interested in any PSU stock (be it irctc), but when i read here on forum, the messages of those who have been duped by this Promoter by all the advertisements and propaganda, i can't resist myself to vent my feelings.
Rather absurd thing to say by head of a company. Listing could have been planned better by absorbing listing day selling pressure, it would have convinced many investors to go long. What we saw was flat listing in green market. First IPO I ever exited on listing day, better safe than sorry
Creation of a lien on balance of savings a/c for Lic Ipo application for policy holder quota ,today in Bank of baroda net banking.I have applied for 75 shares.Alloted 17 shares.Amt was debited for 17 shares.Today new lien created for remaining 58 shares.Any other person has issue like this?
1673. ipobull| Link| Bookmark|
May 17, 2022 3:35:21 PM
IPO Guru (1000+ Posts, 1000+ Likes)
LIC is going downhill with chances of strong bounce back unlikely. I exited it fully with stop loss at little loss. Meanwhile, I think Campus and Rainbow have made their respective bottoms at 314 & 410 today. Now only upside possible from here.
Bank Balance me Lower Circuit Lag gaya he after Rainbow & Lic.
1673.7. ipobull| Link| Bookmark|
May 17, 2022 7:58:05 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@ Amit Chheda, You seem to have not understood what I have said. I am assuming weak hands are almost out of Campus and Rainbow. But weak hands are plenty in LIC, which I exited fully today at a little loss. In LIC, I do not see any strong recovery coming. Whatever be its movement, I am not going to buy. Was that looking like a joke for you ? But mark my words, Rainbow and Campus have considerable upside from here.
1673.8. Prasen Ipo| Link| Bookmark|
May 17, 2022 8:05:05 PM
Top Contributor (300+ Posts, 100+ Likes)
First a fall LIC was never a listing gain candidate. This issue was only for long term players. So obviously those who entered in anticipation of listing gain and they got no listing gain and sold & so week hand were out with minimal loss. Nothing wrong in that, instead it gave chance to both retail and policy holder to exit in profits...
Secondly in rainbow, guys are trapped especially hni players and retail. This share is week and in rising mrkt also it's not performing, so instead of booking loss here with no sl, some folks booked share which is meant for long-term...i sold couple of days ago rainbow, bcoz i was trapped in companies like GLS and windlass and this most probably can go in that way.....coming to campus it was sell on listing day itself...no brainer required.
So I just joked on lighter note that week hands are out here, which did not went well with u.
1673.12. ipobull| Link| Bookmark|
May 18, 2022 10:46:28 AM
IPO Guru (1000+ Posts, 1000+ Likes)
@ Amit Chheda; Are you still in joking mood. With Rainbow @ 470, you must believe my post that Rainbow has made a bottom at around 414. Markets are a serious business and when I am telling something, you should take it seriously. I may go wrong rarely. Well, I am enjoying the Rainbow ride.
1673.13. ipobull| Link| Bookmark|
May 18, 2022 10:54:24 AM
IPO Guru (1000+ Posts, 1000+ Likes)
@Amit Chheda, Please observe Campus. That too is nearing 350. Are u still thinking they will touch their previous lows?
1673.14. lokes| Link| Bookmark|
May 18, 2022 11:08:18 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@ipobull: its ok bhai....no one can predict exactly anything for sure....they were falling from many days so finally showing some upmove, hope both campus and rainbow sustains and we all gain from them....enjoy.... i am having around 25% holding remaining in both....
Dear Ipobull, Please suggest exit level of Rainbow pipe and campus. Thanks
1673.19. ipobull| Link| Bookmark|
May 18, 2022 11:31:34 PM
IPO Guru (1000+ Posts, 1000+ Likes)
@ DS, Please wait for next quarterly results of both these companies if you can, but keep some strict SL (under 488 & 388) after they cross 500 & 400, respectively and stay above that for couple of days.
1672. antarix| Link| Bookmark|
May 18, 2022 4:04:03 PM
IPO Guru (1100+ Posts, 700+ Likes)
Yesterday, it closed at 875. Today at 876. One rupee increase each day will also do. In one month, we will be able to reach our buy price.
I exit completely from here. It will move like IRFC ..
1671.4. antarix| Link| Bookmark|
May 17, 2022 6:42:50 PM
IPO Guru (1100+ Posts, 700+ Likes)
Does not look like that it will go above 949 anytime soon. It will take a long time to cross that.
1671.5. arunARUN| Link| Bookmark|
May 17, 2022 9:48:20 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Let it first cross 909 after today. 949 is far off target
1671.6. B.M.SURANA| Link| Bookmark|
May 17, 2022 10:18:23 PM
IPO Guru (2600+ Posts, 4900+ Likes)
LIC is a disaster for QIBs & HNI Investors.
Retail & Policyholders saved due to discount, Both got opportunity to Exit at Par
And It's Still Trading near the allotted Price, Better Exit & Move Ahead 👍 [ Before Selling or buying Consult with your financial advisor and do your own research मैं कोई शेयर बाजार का Experts नहीं हूँ मामुली निवेशक हूँ, नाही SEBI Registered हूँ 🙏🙏🙏🙏🙏!
949 Aane Mein 3-6 Mahine Lag Sakte hain. Is Rate Mein bhi FII/DII Buy Nahin kar rehe hain Kyon??? OFS ka Dar bana rahega. [ Before buying or selling consult with your financial advisor and do your own research मैं कोई शेयर विशेषज्ञ नहीं हूँ ]