MCON Rasayan India Limited IPO Message Board (Page 6)

Chaman mettalic. Aggressive expansion plan

Avoid aristo

Buy among chaman/RBM

both can provide mulibagger returns.

RBM can give results early.
chaman will give returns later on (Results of expansion will take time).

TAKE REST....NOW... ALL HAVE BURN THEIR HANDS...IN SMES...( BUYING AFTER LISTING)....

Wait for some time to see further price trend, let some consolidation or new buying come in these, now a days, trend is down in most sme's from 1-2 month....so once some stability comes then rbm infracon looks better for new buying as per its order book and good results expectations....metal companies not performing well from long time so chaman is doubtful even at being good valuations

invest in rbm infra
market cap-around 55cr now
and order book-321 cr.
baki aap samajdar ho.

IPOCB-Dont do anything just on the basis of what people say. Use your own instincts after seeing the business of the player and its credentials for long as well as short term. Here, most of the experienced ones are in huge losses in many companies. You cannot even trust the recommendations of Mr. Davda blindly. He gave an apply rating to KN Agri and it proved to be a big disaster. He Gave apply rating to Chaman and till now, people even the most experienced ones are in huge losses in this.
Even the LMs are here to mint money. The best example is labelkraft by Hem securities. Just one year of meagre profit is there and he came to sell shit to the innocent investors.
So, before doing anything, ask yourself some questions:-
1. If you are a long term investor, then, see the credentials of the company and its future considering its competition with other players.
2. If you are a short term investor and can invest just for 2-3 months, stay away.
See, here, the things depend upon operators/traders at least for short term. If your actions somehow match with the operators/traders because of your luck, you will make money but if not, then, most probably you will loose in short term and it happens or is happening with almost everybody here no matter how much experienced a guy is. If operators/traders think that they have to bring the price down, then, even the fundamentals, good news or a blast will not matter.
So, take your decision based on for how much time, you want to invest your money with some of the things listed above.

Note:-I am not an expert either. The above statements are of my own analysis which can be completely wrong. If you do not like my message, then, kindly ignore it please.

@IPOCB
It's not a time to venture into SMEs. Think of investment in SMEs when market stablizes. Safest option till then is Nifty ETF.

I am waiting for Concord Control Solution to correct but woh 170/80 ko todh hi nahi raha hai.
I think this is the opportunity.
Keep a couple of fundamentally strong SMEs on radar and pounce once they r at desirable level, the only problem is they trade in lots and thus the minimum investment amount is relatively higher.

Thanks everyone for their Valuable openions...

What about insolation energy? It is also falling down daily.

Your answer lies in the social media platform of the company. Whether true or false - no idea
Also, they are coming up with bonus and split etc. Intention behind no idea.

The promoter of Varanium Cloud was earlier in Jump Networks ( Now Winpro Industries).... He was doing same thing in year 2020 and share price skyrocking and afterwards upper circuit / lower circuit and reached to 80-90/- Now its trading 3 /4

So take all your precaution

Same thing happens in suumaya ind ...

I have HUF saving bank a/c in SBI. I applied MCON Rasayan through SBI ASBA . I have no knowledge of new rule.

I am facing same problem with Yesbank HUF Saving Account.
My banker is working towards a solution...

@CLD,
which bank?

I never faced with HDFC Bank.

Dont worry..you can expect at least 100+ in 3 lots...including mine 2

👆1 application of 3 lot

hello sir

why hni subscription so low

please share ur views...

Here RII outperformed HNI... HNI subscription is as expected.

Good decision Noorul.

@Hope is life
I think SHNIs have applied in retail because they feel it is futile excercise to park funds in this IPO due to very less allotment chance. By SHNIs, I mean to refer here to those applicants who apply 2,3,4 or 5 lots.They may use saved amount in other SMEs during same period.

Yes, apply stress free...

While selling on the listing day, you may face issues
it allows selling from next day I think, not on listing day

@GJ😀

NO, you are wrong. I've sold allotted SME so many times on the listing day.

@udankhatola
Upstrox dono BSE and NSE SME IPO support karta he right ?

dont worry. you will not get to sell

2+1 => 3 retails I am applying
only that much money left after Systango FF

😆😅😂
pls take it on a lighter note