Why did you apply without analyzing it yourself? @25 PE it didn''t look expensive to you? Being in branded textile but having presence in remotest part of the country & promoters not so investors friendly. If you gamble the result will be like that. I don''t want to brag but all the IPO I have ever subscribed gave me profit.
Monte Carlo is a good example how can we be fooled around easily. Its usually good to sell your application in Grey Market in sit silent on IPO which you are not sure of. Recommendations from Brokering houses are managed by promoters. Grey markets too manipulated. Fundamentals are usually overlooked by retail investors. Identify people who really thinks alike you and act on their opinion instead of general market opinion. Lets be careful next time. Thank god I was saved by luck this time.
Mene monte carlo ke 23 share ke liye apply kiya tha or mujhe share allot nhi hua, mujhe ab tk mere paise refund nhi hua to please koi bataiye ki me kya kru
337.1. SONMAYA| Link| Bookmark|
December 24, 2014 6:18:07 PM
IPO Guru (1300+ Posts, 500+ Likes)
sir, mene 23 share monte carlo ke apply kiye the or mujhe koi allotment nhi hua. Mujhe mere paise ab tk refund nhi hua h. mene apna bank a/c bhi check kr liya h. Isliye please koi bataiye ki meri money mujhe wapas kese milegi
Not comparable brands... Monte Carlo is mostly a woolen brand which makes it a more cyclic stock... anyway all other stocks are over-valued too. Additionally, other brands have stronger management, unlike greedy Monte Carlo promoter.... look at their other listed entities.
I HAVE TOLD EARLIER MONTE CARLO IS NOT WORTH 250 RS STOCK. IT WILL KEEP CRASHING. THOSE WHO HOLD THIS STOCK.GET OUT OF IT IMMEDIATELY AND INSTEAD BUY MOMAI APPARELS.
REASON 1)MOMAI APPAREL MANAGEMENT IS GREAT AND ALWAYS REWARDED INVESTORS. SEE MOMAI APPAREL NEVER WENT BELOW ISSUE PRICE SO HAVE A FEELING THIS STOCK HAS STRONG SUPPORT AND WILL HAVE HUGE BUYERS IN COMING MONTHS 2) MOMAI APPAREL PRICED THE IPO PRICE VERY WELL INFACT AT DISCOUNT TO PEERS. MONTE CARLO ASKED FOR HUGE PREMIUM AND SOONER OR LATER WOULD COME TO ITS FAIR PRICE OF 250 RS 3)MOMAI APPARELS HAVE GROWTH OF MORE THAN 200% EACH YEAR. MONTE CARLO HAS NOT GROWN AT ALL IN LAST 3 YEARS.
SO BUY BUY BUY MOMAI APPARELS AFTER EXITING FROM MONTE CARLO