845.1. Eagleye| Link| Bookmark|
February 6, 2016 10:21:15 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Hats off to you Sir ... very impressive ... you have predicted the listing price upto the last 2 decimals ... not 179 / not 180 .. but precisely 179.45 ... WOW !!
And that too 110% Final ... SUPER WOW !!!
Please do come back and visit this forum on Monday.
PCL - FIRST IPO IN 2016 PCL- FIRST IPO WHICH 100% ASBA PCL- INDIA NO-1 EXPORT IN AUTO COMPONENT (CAMSHAFTS) PCL - IT IS FIRST IPO IN INDIA WHICH ALLOTMENT & LISTING PROCESS WITH IN ONLY SIX WORKING DAYS (AFTER. SUBSCRIPTION CLOSED)
PCL is a good company. Only matter of concern is the GMP and the current market condition. Keep fingers crossed. I would have bought it but didn''t at the last moment seeing the subscription figures by HNI. So good luck to all. Fundamentally a well managed and strong company. People will not lose money in this in med to long run.
Maybe after listings at 175/180, it likely to face operators hammering till 150/135.....amidst mild covering at closing.....most likely scenario may be .....
I to suspect this could happen once the shares moves from weak hand to strong hand we could see big jump and if company delivers its goals over quarters then price will move north
as we have seen in pushkar from 65 it drop to 55 and then short presently trading at 120.....
operator can hammer down but once company delivers it will reflect in it share price