Yes Bank will Bounce Back CNBC ne 5 days before 240-260 pr buy bola tha
247.5. Chem cho| Link| Bookmark|
April 30, 2019 3:57:58 PM
IPO Guru (2500+ Posts, 2700+ Likes)
Take the case of any good bank when the new CEO , or MD joins the bank , the Quaterly results are bad , As he try to clean up so that in next yearly results , he shows good profit and credit goes to him , example SBI ,ICICI bank Yes bank is buy between rs 150 to 155
Agreed mr chemcho New CEO often does this clean up jobs But why need cleaning? Shikha sharma, chanda kochar And many more These are reputed bankers When they were on duties everyone admired them They done all clean ups But When they left? They created new blots and bad Yes bank is a good bank certainly it will back on tracks At least 3-4 quarter results impacted Traders can wait for pull backs Investors can average near 145-155(3-4 year horizon ) No fresh entry at current rates For most private sector banks and nbfc Il&fs issues still hanging One more thing Indusind bank also having some problems on their books
@Aniketiaf - I have no knowledge of SME IPOs, are you sure it will give listing gain coz listing is on 18th May i.e. Exit polls will be out so their will be huge volatility as per me. I have enough amount, but seeking some assurance. Heard from many that SMEs give huge loss, we can sell lot to lot. I can apply 10 lots atleast. Let me know do i apply with full force or try 1-2 lot.
Absolutely mr. Aniketiaf I have been tracking SMEs Ipo Some delivered good returns But more then 1 lk /application (I often put 6-8) So 7-8 lk beyond reach May be later
245.7. jajo| Link| Bookmark|
April 29, 2019 10:14:29 PM
Top Contributor (300+ Posts, 200+ Likes)
I understand that the main problem with SME IPOS is that if the shares are allotted, one cannot sell as majority of sharebrokers are not willing to trade through them. It would be very helpful if you can name some Mumbai sharebrokers dealing in SME listed shares. Thanks.
245.8. Aniketiaf| Link| Bookmark|
May 8, 2019 4:19:41 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Finally, PAR DRUGS IPO got good response. Applied with full force . Confident of decent listing gain.
worry not friend. NII oversubscription figure is > 100 times and they can not exit in loss. Sale of stock by RII will be absorbed immediately. If QIB and NII had low subscription , there was of course a concern for retail.
Stock may easliy get in UC for 3-4 days. You may exit at 300-315 level.
Lucky allotted should sell @10:00 sharp on listing moment Don't be greedy Extremely lucky alloted who holding more than 1 lot should consider to keep 1 lot for long Maybe for upper circuit 1-2 days(unlikely ) This is not a portfolio stock like Polycab Take only trading views, not investment purpose
As per my source, Listing gain will be more than 20%. For the SME investors, best scrip to apply in secondary market for a short term is KRANTI INDUSTRIES Ltd., as first time i have seen that the big players like Edelweiss, Aditya Birla Money, Moneybee investment advisors etc. have shown interest in the company and had a one to one meeting with the promoters and immediate after disclosure of this news on BSE website, share hit 10% high.
Why not sell on listing day above 265. What is your expected target. Already it is pricy. Lucky allotee will get listing gain only because of subscription otherwise flat to negative listing was expected. Leant leason from apollo micro, huge subscription but no follow up buying. Sold 4 lots at preopen price and earned huge profit. That preopen price never came.
If you are alloted you can sell on listing day. But, if you buy, you will able to sell only after you get delivery of shares in T+2 days. Shortselling is not allowed, you can sell only if you own shares. It will trade in this way for 10 business days till it comes of T2T trading to normal trading.