What my experience is, if stock lists below issue price then sell your stock as soon as possible is better strategy, You will find some better opportunity later.
drk hold, don''t sell. PCL is the best company in its field. The only problem is with the expensive valuation. Today around 160 to 170 institutions would have bought the stock. Strong hold, we can see it go higher in the future...
drk hold, don''''t sell. PCL is the best company in its field. The only problem is with the expensive valuation. Today around 160 to 170 institutions would have bought the stock. Strong hold, we can see it go higher in the future...
Grey market premium was 25/30...but listing on discount of 20 rs..when i first posted gmp of -12 ,none was believed it,when i told listing days at 170/182 .....
999.6. Eagleye| Link| Bookmark|
February 8, 2016 8:58:28 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Superb Call _/\_
998. CLD| Link| Bookmark|
February 8, 2016 3:55:23 PM
Top Contributor (500+ Posts, 100+ Likes)
Septa ji It is not fair. Loss & gain is part of the market. Even in such a bad market today, it is not down much You should express your idea at every situation. Any way I have purchased at average price of 178 If it goes down further tomorrow, should I average out at lower prices.
CLD sorry could not reply busy with work however first thing in morning i did mention what is my strategy in regard with precision cam u can check in the board .... anyway i will write again what i said earlier
I brought more however was pleasant surprised at what price i got.... i am going to hold this for long and once few targets met i will sell some and over the period make my holding as free holding.....
5007. Septa Feb 8, 2016 11:07:07 AM IST Reply Precision Camshafts Ltd IPO
morning when i looking at the spread and IEP it was 100% sure it will list at discount.... as i said before i will buy if the falls so placed a order to buy and as soon as the stock opened my order filled.... this was a smooth play buy operator to fill there shoes..... and it happened flippers sold and strong hand had a block deal of 9.5 crores and 165.....
I am say this a very good company and it will reward handsomely so pls hold it already close to issue price pls do not sell
996. Ou Ai| Link| Bookmark|
February 8, 2016 2:53:36 PM
Top Contributor (300+ Posts, 300+ Likes)
China, Hong Kong & Singapore all closed does not mean Indian market won''t react to other Global developments. It is falling due to Sovereign wealth funds from Middle east not investing more here...
First IPO subscribed and got stung :( .. May be this experience will help in selecting right IPO next time... Thinking of holding for few days and see all the best guys for team lease
Guys you all might agree, such ipos break the confidence of the RIIs, infact sebi should make sure something is left on the table for everyone participating. Greedy promoters don''t seem to think tht this brings disrepute to the stock forever. Left with 2 lots, uncertain as to what to do.
In my opinion, we should hold shares for 4-5 trading days and watch the rates and than sell our shares. What''s your opinion, please do share.
986. Eagleye| Link| Bookmark|
February 8, 2016 12:44:23 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Since past over an hour ... very steady between 181-183 ... VWAP is now 175.90 ... looks like it might test the VWAP once ... before it the next upmove