Piotex Industries Limited IPO Message Board (Page 1)

​@sarora Still holding but can't understand this stock, itni bulk deal hui e fir bhi down. Kya average kaarni chahiye ya naahi?? Piotex invester plz give some reviews

ha itni bulk deals k baad bhi down hai, intresting was axita bulk deal, axita cotton is already a multibagger, they might know which we don't as they are in same industry or anyone aware whether axita is client of piotex?

​@sarora  me too still holding. but i'm thinking to book loss as day by day it is going down. what are you planning hold or book loss?

​@sarora at what price you bought and at what price you booked loss? answer only if you are comfortable

+1, added here as well. @Gaurav DD dimer

1 LOT ADDED

Lower circuit kub khulegi, me ek aur lot add karna chahta hu@GauravDD@MuStrFc???

Circuit was open for quite some time yesterday morning, look for the same on Monday and anyways if you wish to buy, sell orders are already in place when its locked in lower circuit, so chances are your order should get matched and executed​@B positive

Market Maker (Spread X) bought 66K Qty today at issue Price.

A Big Positive.

​@Gaurav DD dimer Similar is visible today, MM not letting it slip below issue price. Two views :

1. Accumulation by MM to offload to someone else in big qty
2. Just maintenance of liquidity in stock, which is what the MM should do

Can there be a third point of view as well?

MM Buys again 52.8K. Total accumulated close to 137.2K.

@MuStrFc  sir, still some around 50-55k shares buy order at 94rs was pending at e.o.d. i think MM will buy tomorrow also. Will this repeat same as in Aspire?

Chances are it might, need to keep an eye, especially when circuit change is around the corner. @Night owl

​@MuStrFc sir, MM sold 3.6k shares @95.80 on 27th and again brought 66k shares @94 on same day. do you think it is for maintaining liquidity? or someone want to buy big quantity @ipo price of 94? sorry for asking many questions, I'm new to sme market and Thanks for your valuable reply

Primarily that's the MM's job post listing and that's positive on its own. Now if that translates into offload to someone else is another thing to be seen. Further, it does not necessarily mean stock rockets from there, but chances are good something like connecting all of this might happen. @Night owl

​@Gaurav DD dimer @MuStrFc @rohiitian  any idea what this means:

Kindly take note that the Company is covered under Clause “b” [a]” of the Regulations 15 (2) of SEBI
(LODRY), 2015. Hence, our Company is not required to submit related party transactions disclosures as
required under Regulation 23(9) of the SEBI (LODR) Regulations, 2015.
This is from Piotex to BSE, is this good , bad for retails or just normal governance processes.

Also earlier on BSE website noted , someone bought 122k shares but not able to find those details in bulk deal section on any website..

That's normal which is part of compliance procedures companies need to follow, nothing much in it.

As for 122K shares, i do not know from where are you getting that figure @RajIndia

who bought yesterday and today as not showing name in bulk deal

​@MuStrFc  on BSE only when the session was running, will share if get details from somewhere

Hi @MuStrFc , today as well on BSE website, under Market Depth, a buy order of 1,14,000 shares can be seen, what does this means? simply a order that is placed but not executed?

Yes that's what it means @RajIndia

Thank you @MuStrFc 
In pre-ipo have seen people put orders but not acknowledging it but in secondary if this happens than thing coming to my mind is
a) they put genuine order but since there are not so many sellers hence order do not execute and as sellers comes available, part of order start getting executed
Or
b) Very unlikely to lure investors so that people keep doing something on it.

Dear @MuStrFc​@Gaurav DD dimer, any thoughts on what is happening with this stock..

​@RajIndia There are two perspectives to it currently as i see, maybe its right and maybe its not

1. Short term view : If funds are needed and you can digest the loss, put a stop loss, possibly near to recent lows, so that the capital is not completely at jeopardy.
Nothing else will matter more in short term

2. Long term view : There are talks textile, agri sector could be benefited by the govt in upcoming time, and this is regardless of the names in the bulk deals. This can inch it higher from current levels, at least there are some chances for it. But patience will be the key here.

Accepting that a bet has gone wrong will help to maintain that patience until there is something drastically bad about the company.

You can have a different view above all this, so can take a decision considering the same

Looks like...

SELVAMURTHY AKILANDESWARI YE WO HI OPRETOR H JISNE CELL POINT BUY KIYA H
KHI YE APNI FOURM KA MEMBER MRAVICHANDRAN JI TO NHI H ?

Yes @IPONEED