Rice is a commodity Historical PE of krbl, Lt foods was closure to 5-7 Excess money liquidity has lead to PE expansion. Sarvrshwar fair price is closure to 40
Sorry buddy Will try my best in future Avoid all present SME IPO You can buy CMMIL, SHARE INDIA, JASH ENGINEERING, INFOBEAN, RKEC in secondary market if you have risk taking capacity. Nothing in stock market is riskfree
Read and understand about the company, have confidence in your selection for investments, hold your nerve, never sell in panic, always try to invest for long term
Umang and Prabhakaran both are missing.I think they must be busy in selling in booking losses. I think sarveshwar fair value is 72 to 75 rs. So lots ofbuyers will be available. If you keep it for 2to 3months it has chances to go up to 120.
RVR-I dont thinks so or may be, now trading at 73 lvls. Who are buyers basically. at these lvls certainly cannot be retail. It has to be market makers institutional. I feel selling pressure is done by the QIB so that in panic everyone will start selling at lower lvls. and they can buy. I think 1 week you will have to wait.
I applied inflame appliances and uninfo. Lesson to be learnt avoid all new sme ipo and u can take a call.post listing if it is good. Now East India securities is looking good. Don''t subscribe on any new sme ipo or ipo as the ones that are opened are pathetic. Even trachand logistic should list at discount
Dont understand what advice u expect...market is unpredictable....they are also in loss..just wait patiently or book the loss...what I can seee is buyers slowly increasing
agree with rvr.. hold your breath.. trust on your investment or book the loss.. market sentiment is wrong and it is big 55cr IPO.. so selling pressure is dragging it down... that''s it.. otherwise it is good company...
I apllied in East india which is under subscribed in retail but able to come out with 2% gain...the ipo size biggest in the SME history....Welcome to the indian stock market
Lower subcribtion. Is. Reason. Lower listing. Bt i told u exit bad mrng to all alloteeee. Sare deta fail ho. Gye because subcribtion. Low at lest 3-4times bi hot to positive list hota investor ko pe. Us time bi dikha higa bt invest ni kiyaa. Ipo me. To listing pe kyu buy krengee no optionn. Exit ho jaoo ni to. Buyer bi nj milngw bd me too
I expected negative listing around 82.But i cant sold at those levels. I already told due to hni firm allotment it will negative listing. I dont think this much fall on opening day.
Really bad listing. Think it''s due to panic by those who subscribed multiple lots. With no listing gains its hurry to cut losses. Those who are long term investors are better off holding this. Nothing wrong with Co. Mgmt or sector. Have conviction in your investment guys.
I HAVE POSTED IN SME FORUM SME IS SME IT HAS TO PROVE ITSELF THEY COMPARE WITH PROVEN TRACH RECORD LISTED COMPANIES AND OPTICALLY FOOL US BY SAYING IT IS CHEAP ON P.E ETC. ONLY SUBSCRIBE TO SME HAVING LOW SINGLE DIGIT FORWARD P.E
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March 15, 2018 10:24:45 AM
Top Contributor (200+ Posts, 500+ Likes)
I don''t know why people wants to book losses. I am assuming that whosoever got more than one lot they are partially booked their losses.