pl i have to know that y sbi bond 3&4 have this much of price diff. because i have alloted sbi 3 and know i hold sbi 3 or sell at current price pl tell anybody expert
SkDash- With such great hopes, you can have my 300 shares (expected allotment as I applied for 12 lots)of Shilpi @ 30% premium and make a killing on listing day.Interested ?
160. SkDash| Link| Bookmark|
March 25, 2011 5:12:31 PM
Top Contributor (1000+ Posts, 200+ Likes)
Shilpi has been subscribed balancely from all quota. looks like another fineotex and sudar which can give 50-100% of the income to investors. Since a small issue of around 60 crs- operators will play game. All the best in advance
SANTOSH @ 157 : DON'T WORRY YOU WILL GET AN OPPORTUNITY TO BUY AS MANY LOTS OF SHILPI AS YOU WANT ON THE LISTING DAY AT / AROUND ISSUE PRICE. IT DOESN'T SEEM TO BE A FANCIED IPO.
Generally, newly listed companies tend to volatile for one week. Thereafter, prices drfitd-down drastically. In majority cases, price will never come to issue price.
Eg: BS Transcomm, now Acropetal (I have already informed that Acropetal does not pay any taxes & they could show any figure in P&L a/c & Balance Sheet).
Unless you are sure about fundamental, don't take delivery for small-caps, especially new-listed ones. After Acropetal, Shilpa Cable etc. may follow suit.
You have to trade intr-day & never take delivery of such scripts. Today I incurred loss of 1400 in Lovable (yesterday big profit). But, such losses can be covered easily in some other day. If you take delivery, we may incur Rs.14,000 loss instead of Rs.1400 loss.
Analysis, opinion are not working for recent IPOs.
I keep reading your posts & Sredhar's.. By the way i am from Chennai... Today most of the stocks near their 52 weeks low got UC. Gyscoal , Koutons, Cox etc.,
Whether profit / loss, whether brokerage recommendation is positive / negative, whether valuation is cheap / costly, I have a habit of applying for one full application for every tiny issues.
I have applied for this issue also. As usual, I have a exit stretegy. If it breaks issue price, I exit immediately.