I am still holding 2 Lots purchased @average price of 52.50. I think operators must have already cornered large chunk and now they want to dump it. Half yearly result also not encouraging.
This stock may proved to be hidden gem in long run. But said that anything is possible in Share Market. As of now the indicators are positive at least. But, why Cloud is still making daily UC? Strange.
I am also thinking the same, cloud is hitting uc but after positive news also phantom not showing strength.
503.3. Mas| Link| Bookmark|
November 19, 2022 10:31:11 AM
(200+ Posts)
Everything seems good currently, but price movement is not justifying with the fundamental. Don't know why it's moving up. It should have hit UC by now with the new contract coming inn & management bullish on growth prospects. But dont know why it has stuck
CLOUD - as of now unstoppable. Best part - reasonably good volumes with daily UC. The market lot changing from 1000 to 500. Mild subscription. Wish had applied full force. Having said that no one can predict future in SME. Today hero may be tomorrow zero.
@mravi ji do you have any idea on how reetech and vedant asset results are gonna be? Result will be out tomorrow, still any advance info would be appreciated Thank you
@ Takamichi Both Vedant and Reetech, I would expect similar results of the last one given in IPO prospects. That would be a success (as it was not a window dressing) to me.
Any thing better than that last results (with out using ipo money) it would be a bonus and fresh buying opportunities
Generally, the first result posted by SME after listing is good. The good SME, I think are those who maintains or improve the results in next Q. KN Agri, the much hyped IPO failed in this regard. Le Merite posted good results after listing, gave dividends also, but now dumb results. The list is long.....
Good result for vedant and a very bad one for reetech.... For reeetech- seems like many had advance info on this year's performance which is like very bad.....
If you see recent sme results, most of sme in sept half-year have shown very baf result... Le merite,kn,veekayem,flex,agni etc all have shown quite a bad result and very much below average..... Phantom has shown good result in that time.... Though eps number is doubtful but even by seeing just the net profit it's quite good and with high current reserve, the eps will grow with time when that reserve is utilised.... 8 crore profit with around 1.3 crore shares( after ipo number) and with current ipo money raised still in reserve, the company will increse the eps multifolds Disclaimer: i am holding stocks of majority of the shares mentioned above. Correct me if there is any wrong stats mentioned
@arca phantom and frog have good result and good eps even when they are calculated at pre-ipo profit and post-ipo share holding and still have good current surplus.... When the ipo money is used they r surely gonna give a good return..... And they r into emerging sector so its gonna work well unless management ducks up .... Btw did u go through result of agni? The result r not so good and even loss has been made still they r hitting UC and reached from around 20 to 30 ..... Any views on it?
501.3. Arca| Link| Bookmark|
November 14, 2022 1:23:20 AM
(1000+ Posts, 500+ Likes)
I didn't like agni from first itself i sold on day 1 at 1.5l profit. It had good grey so i applied but i don't see future in it,may be i am wrong. Ipo craze is down now & market is at its peak. So i am not purchasing anything unless it lists at par or less premium. Saw vivo results also i could literally see cut down of its business and increased labour cost(mainly to support the surge in demand earlier). Now i feel all companies are going to lay off some people hopefully i hold my job.
500. Arca| Link| Bookmark|
November 13, 2022 1:34:43 AM
(1000+ Posts, 500+ Likes)
Result is eight crores profit that is almost 9eps and not 41. Just like the error in varanium eps.
Arca ipo came in October month so i think number of share will not be higher, and independent auditor has reviewed it so chances of print mistake is less, i think we are making some mistake in calculation of eps.(Have a look at point no 8 in the page 4 about bonus share also). Lets see if company give any clarification or admin print mistake like varanium.
@ All those who entered at 315/- Phantom Digital board meeting to be held on 12 Nov 22 to consider and approve standalone financial results for the period 30 Sep 22. Let's wish and hope for good outcome.
493. Takamichi| Link| Bookmark|
October 31, 2022 10:18:32 AM
IPO Mentor (800+ Posts, 700+ Likes)
Bought 1 lot today in pre-open......anyone else bought it?
As i commented in ur previous post, my plan was also to buy near 210 range .... But these sme go from lc to uc and vice versa so i was anyway ready to buy today and go though 2 lc but it broke the lc today only..... good amount of buying today hope it won't slide much even if there is selling pressure..... There is still a large amount of shares with the ipo allotees...... So there would be some dump at some point .... Hopefully there would be a clean run till 300 atleast.......
What's is the advice for new entrant like me who bought on listing Day @ 315.
493.5. Takamichi| Link| Bookmark|
November 4, 2022 1:29:57 AM
IPO Mentor (800+ Posts, 700+ Likes)
@hope at sme Sme is more of a wind game ..... For people buying in single digit lots....it's mostly about buying and showing patience..... With regard to this particular share.....its a good ......23-24 crore in the kitty let's see how far they go with their expansion plan .... i have one from 2days back and bought 2 more at lc today..... Would buy one or two more if it goes below..... Tomorrow is last t+2 day trading limit day .... On Monday there can be good movement either side( mostly would be upper side) I would be keeping 1 for long term and other two i would be keeping till atleast 350..... Have patience..... With good movement it can surely pass it's listing price this month..... The only problem with the stock is it's high listing ... If it would have listed in the range of 220-230, i am sure it would have been trading in 300 range by now.....
Dear Takamichi Sir Ji, Thanks for the assuring message which has brought some relief. Shall await eagerly for the Monday . I shall consider myself lucky even if it touches 315-25 in next week. Thanks once again.
@ hope at SME Phantom Digital board meeting to be held on 12 Nov to consider and approve financial results 30 Sep 22. Let's hope and wish for excellent results.
Today's Corporate announcement by phantom, "we wish to inform you that the in line with the objective in respect of proceeds of the recently concluded IPO of the Company, the Company has in the verge of completion of establishment of a new studio cum office at the following location: -4th Floor, Raheja Interface building, 16 Bandra Kurla Complex, Bandra (E) Mumbai - 400051, IndiaThe above facility once operational will be able to accommodate 250 employees and will be equipped with infrastructural facilities for VFX studio to expand the services of the company"
Placed sell order at exact 9 AM at lower circuit price. Even then it is not executed however volume is around 25000 shares. Can anybody explain why my order not executed?
There are people who use faster broker faster internet faster system than u..... U may think urs is the first but there must have been already big order by that time... Any way 20 lots has been exchanged today .... If some more r exchanged ur order might get executed..... At lc and uc there are bigger players than a retailer.....
@Rohan It is very difficult to place sell orders at the earliest. In seconds lot of orders are placed. Brokers are well aware how to place order in first few seconds. 20 orders are executed only. More than 2.2 lakhs share orders are in que. But more buyers today in comparison to last 2 days. A good sign, but difficult to predict tomorrow. May more buyers come tomorrow. Selling pressure expected tomorrow also. Hope for the best.
Best is to set gtt for next day at LC, that executes fast enough in Zerodha. Not sure about other brokers. But since volume is low it will still be a luck that order executes once gtt is fired.
@Mravi sir Sir, one aspect if you can clarify. The results were uploaded on NSE EMERGE site by 1630 hrs. How come someone get a knowledge of it before. As you rightly brought out that it went high in afternoon but the results were posted after market was closed. Does company site post it before sending it to NSE.
@AAvi, insider information. this is crazy in SME, they captured from poor innocents it will go easily 500 Rs in few weeks. Blockbuster results. EPS is 41.47
487.5. Safe Bet| Link| Bookmark|
October 22, 2022 12:00:19 AM
Top Contributor (500+ Posts, 100+ Likes)
41.47 would be the half yearly EPS I guess. Thats HUGE.
487.6. Arca| Link| Bookmark|
October 22, 2022 9:21:35 AM
(1000+ Posts, 500+ Likes)
Now i feel bad selling 2 lots😂(holding 1).Expecting a upper circuit on Monday.congrats to those who are holding. With this result i guess it is easy 1000.
Is there any way to confirm if the results are genuine the company website does not look great and not much details mentioned about cloud platform business in Detail. I could find details of varanium fashion but nothing about cloud. Can you please guide herr
@ Sachin krish I am a novice and a new entrant in the field of SMEs. First time I applied in KN Agri and got allotment. As far as Genuineness and Authenticity of financial data / results are concerned, it is there in black and white that exchange does not scrutinize these the way they do in case of Mainboard IPO. But what I have noticed in these that unless they migrate to mainboard, they are in the hands of operator (exceptions are there eg EKI Energy). Quite a few of them do not reach mainboard. At times no trades in months even for those which ultimately migrate to mainboard. As per data, 40% of those who do migrate to mainboard, do no fair well. So agar bahati ganga main haath dho liye to thik varna it all luck etc.... Senior members and veterans here may throw light on Authenticity of data please
Thank you so much @AAvi and @MRavichandran for providing details about cloud results as i bought one lot after observing your positive commentry and having good profit but all the credit goes to you both.
It look like operator are in action here, they want to consolidate their position and small and retails holder's go out by panic LC. They will bring it up again from next 3rd Nov onward.
So keep watching this and if you get chance...consolidate your position. It will touch 600 by Nov end.