sk dass sir I benefited to some extend by implementing your suggetion just before listing of SRS and your stratagy worked out through out the day.Kindly post in this regard also
Sr. No. Symbol Series Company Name ISIN Code Date of Listing Shareholding Pattern Financial Result 1 PGEL EQ PG Electroplast Limited INE457L01011 26-Sep-2011 -
Ans to your q: It can move up or down. You make 20-30% profit or loss. Dont ask this kinf of foolish questions. nobody knows in this types of third class issues..
------- 59. Allan Stanley Sep 14, 2011 8:41:29 PM IST | Like | Report Abuse
Allan Stanley's - IPO Recommendations, IPO Comments, Public Profile
can any one please tell me what would be the movement of this stock on listing day? should i buy or short sell it?
You have been a technical analyst and doing a great job.
I have a specific query for you about Acropetal Technologies.
You are aware that it came out with an IPO in Feb 2011 at an offer price of Rs 90.It touched a high of Rs 156 on 22/mar/2011 and has been on a steady decline since then. However there is some upward move in the scrip for the last couple of days based on dividend book closure date and bagging a UID project order from KELTRON worth Rs 40.32 crores to be completed by 31/03/2012.Since you are from Bangalore you may have some inputs on the company.I gather there is some work happening and it is not a bogus company.
With the trading history available for about 6 months can you please let us know how far it can possibly go with the present uptrend.Can we buy more and when to sell.My average cost price is around 17.50.
My gut feel is that at the present price cum dividend (of Rs 1.20 per share)and based on fundamentals it should be a decent buy.
Please let me have your inputs.
This is about a recent IPO company and boarders may please bear with me.I hope Ravi's inputs may be useful to you too!!
dear alibhoy ji, your information is very authentic kindly inform regarding current rates of pgplat in sakar bazaar,thanks kindly post before cheque clearance.