Congratulations to all those who generated wealth for themselves in Apex Frozen Foods IPO.
Though it is a very good stock but has a major problem the way it has been trading for quite some time.
If it continues to trade most of the time between upper and lower circuit, one may not be able to sell when it goes down and may not be able to buy when it goes up.
Greed and fear makes it very difficult to transact in this kind of stock. People who have the stock from IPO are much better placed due to their very low cost of acquisition. But new entrant in this stock should be VERY CAUTIOUS and WARY of the way this stock has been trading for last 2-3 weeks.
166.2. BullOverBear| Link| Bookmark|
December 6, 2017 6:51:05 PM
Top Contributor (300+ Posts, 100+ Likes)
I shall never sell such gem (such great CAGR growth).
Hold it until: 1) U need money very hardly 2) The company does not performs to expected marks (i mean financials, scrip price may dwindle for while due to new listing and week hand releasing hold) 3) U have something very strong alternative - which will give much more high returns than this.
Hope this shall help
166.3. Chem cho| Link| Bookmark|
December 6, 2017 9:33:20 PM
IPO Guru (2600+ Posts, 2700+ Likes)
Looking at NII Not interested and qib not subscribing on 2 nd day looks clear AVOID
164. Aniketiaf| Link| Bookmark|
December 7, 2017 7:04:08 AM
IPO Guru (1800+ Posts, 10200+ Likes)
If anybody want to apply in only one between Shalby & Future than apply in Future logistic . recently gifted infra status to lgs sector by Modi government, good business model with positive impact of GST to lgs sector make it attractive for medium to long term. BTW, I am applying in both.