Market is looking for reason to go down correction is expected
1199. P Patel| Link| Bookmark|
May 9, 2017 11:28:18 AM
IPO Mentor (900+ Posts, 900+ Likes)
Don''t know why people do not study and understand the fundamentals of company and follow blindly to GMP or someone and later when trapped ask for future targets. Also some folks keep posting to be blessed not been allotted, but than why have you applied for.
Study, Think before applied to any IPO and take your own decision. May be few times you will fail in your decision, but eventually you will learn how and where to invest. But to learn lessons, you have to pay something ( in form of losses )
Dear Mr P Patel Nobody is trapped or made losses in this ipo. Only thing was that.. it failed to open at anticipated levels of 8 to 10% higher. Time will surely vindicate the stand of those who have studied and applied in this ipo.
1199.2. P Patel| Link| Bookmark|
May 9, 2017 12:46:19 PM
IPO Mentor (900+ Posts, 900+ Likes)
IPO Tracker,
I am not advising S Chand was or is week IPO. Its matter of timing, if acted on time, you will gain otherwise loss.
In general, I just want people to understand that they have to take their own decisions. One can get advice from others, but analyse yourself before applying or investing in any of the stock. If you follow blindly to anyone, eventually you will not earn and make loss out of this market. If one doesn''t have skills to analyse better invest via Mutual funds to protect hard earn money.
Considering it''s fundamentals, financials and industry, it''s a very good listing, I was expecting a 10 to 15% discounted listing. For investors, it''s better to exit, it''s going to crash post Q4 nos. and then there will sideways and downward trend for long term.
Many people blamed Septaji why he was not recommending for subscriptions and now many fools blame Eagleyeji for her target. Infact they are jems of this forum and they r not flowing with flows.
everyone saying thanks to SEPTA but nobody noted that eagleye told that "she will apply in all accounts as well will also sell all applications in grey"
THOUGH I HAVE NOT BEEN ALLOTED ANY SHARES FOR MYSELF AND MY SPOUSE HAD GOT ALLOTMENT OF 22 SHARES I BELIEVE EAGLE EYE MADAM PREDICTION WILL NEVER GOES WRONG.I WILL WAIT TILL GANESH CHATURTHI AND SELL AT RS.825/-
The main purpose of ipo of company is to pay outstanding loan. If investors fund use for loan then how can they earn on investors money. So its as expected not good listing. Dnt rely on GMP only.