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Shree Ganesh Jewellery House Ltd IPO Message Board (Page 11)

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861. Anil |   Link |  Bookmark | May 11, 2010 3:17:44 PM
so Rakesh even though you know that a stock is going to be hammered and recah from 180 rs to 80 level you will be still so arrongant to keep holding the stock rather than sell it and move to other good managed company.

check the price today it is hitting new lows everyday. can you please give me a single example of stock free falling 60% after listing have ever recovered.

check urself all real estate companies after being battered heavily are struggling even now to go up
860. RAKESH |   Link |  Bookmark | May 11, 2010 3:11:40 PM
Perhaps you have not read my complete words before writting(LOUGHING) again pasting the same

Here I am not comparing Sri Ganesh with telco(Telcco is a very big Co.), just telling you how sentiments work in short term.
859. Anil |   Link |  Bookmark | May 11, 2010 2:19:27 PM
short shree ganesh jewellery at 122 target of 105 and next target at 80 rs.
858. Anil |   Link |  Bookmark | May 11, 2010 1:58:02 PM
You are comparing tata group company with shree ganesh jewellery.hahahahahaha.

shree ganesh jewellery is a newly listed company and very bad management.
i can agree a stock going down 20-25% down to weak sentiments or price driven but when a stock is beaten after listing to 60% below issue price i can only say its not a bad but worst company of the decade.

my friend start making short to earn in this otherwise you will wait for your lifetime and this stock will never reach your buying price
857. RAKESH |   Link |  Bookmark | May 11, 2010 12:37:39 PM
Firstly I am not new to the market and watching and investing in market for more than 25 years. And again I want to say you in short term any stock may perform or and underperform but in long run only fundamentals decide the price of any stock. I have invested in TELCO @rs.130 when every one is telling sell only sell but since it has fundamental so its bounced back. Here I am not comparing Sri Ganesh with telco(Telcco is a very big Co.), just telling you how sentiments work in short term.
856. Anil |   Link |  Bookmark | May 11, 2010 12:23:12 PM
Rakesh you must be new o market thats why you are only looking at turnover/profits a. so actually you would like to buy stocks only with t/o /profits even though it goes down 70% of that price

you would not like to buy stocks with less t/o,profits even though it gives you excellent returns. thats ur startegy them my friend you will be biggest looser in the stock market.

855. Anil |   Link |  Bookmark | May 11, 2010 12:15:58 PM
check the turnover/profits/margin for bharti airtel ,idea,nhpc my friend and compare there current share price.
854. RAKESH |   Link |  Bookmark | May 11, 2010 12:13:54 PM
I am not talking about T/O only, there must be sufficient margin, growth and profit along with T/O.
853. Anil |   Link |  Bookmark | May 11, 2010 12:09:09 PM
Rakesh then plese buy stocks according to profits and turnover. infact real estate companies have good turnover.

buy dlf,unitech,parsvnath,sobha developer,idea,bharti,relianec communication all these stocks investors are battered.

i will buy good companies in niche category with rewarding investors and much less turnover like cox and kings,jubiliant foodworks,educomp,ICRA,
852. RAKESH |   Link |  Bookmark | May 11, 2010 12:03:56 PM
We are talking about the fundamental of the co, that is rated only by turnover/profit margin/ Net profit/ Debt equity ratio etc and not talking about short term price of the share which is moves as per the sentiment of partiiular sript. I do not know how you rate the Co if you are not taking these factors into consideration?
851. Anil |   Link |  Bookmark | May 11, 2010 12:03:26 PM
Lina urf Rakesh kya tum dlf aur biyani ke ache na gande hone se kya fark padta hai jab us stock mein invest karne wale ko 30-70% discount par stock mil raha hai.

when these big names have falled what is the aukad of shree ganesh jewellery in front of them.

if you think DLF is good management let me give you some past history of it.

DLF collected money fom investors and promoters many year back and then as per DLF all were sent notice to covert there stock into debentures which according to investors never reached them There shares had 0 value that is all their investment went to 0 rs.

luckily DLF wanted to collect money from public and then the old investors dragged to court and won and DLF then give some portion of money to them that too because of iPO.Do you really call that a good management.

please comment do you know differenece between management and big names. not always big names can be good management.

850. Lina |   Link |  Bookmark | May 11, 2010 11:50:35 AM
Anil now again its an insane comment...are you saying Future group and DLF are bad managment???...SIngh and Biyani are rated best in their respective industries...come on ...now you have started doubting Indian core growth drivers...please dont do this...let shree ganesh fall to 1 rupee but dont spread false information
849. IS IPO KA MAARA |   Link |  Bookmark | May 11, 2010 11:48:14 AM
Anil tum bilkul sahi ho main toh is musibat se kal 124 par sell karke nikal gaya lekin in murkho ki akal par taale lage hue hain.
848. Anil |   Link |  Bookmark | May 11, 2010 11:44:53 AM
Rakesh Dear urf Lina Again what does turnover have to do with stock price

earlier you were commenting on promoter holding and dividend and now you come up to turnover.

my dear check the turnover then for alok industries, DLF .

i think you are trying to give all incorrect justification .
please buy as much as you can this stock at 124 rs if you are so confidnt and you will know after 1 month after your money is eroded further 40%
847. RAKESH |   Link |  Bookmark | May 11, 2010 11:29:51 AM
Anil dear why you repeating the same thing that the management is chor. If you have any data or information plaese share else do not repeat the same thing. Low prie of sahre does not prove that mgt is chor. If it has manipulated the results or done any unlawfull act then only we can say that mgt is chor.

Comparing house of pearls (a less Rs.50 Cr T/O co and with lots of negative ratios) with Sri Ganesh (a Rs.3000 Cr T/O co is a very good joke.
846. Anil |   Link |  Bookmark | May 11, 2010 11:24:47 AM
hahahahahah Lina all people reading your comments will be laughing like me.

you mean to say stock which has fallen more than 50% in 1 month has good management. definitely something is wrong.

you are saying declaring dividend and promoter holding signify good management.
wow DLF have promoter holding as 90% .giving regular dividend. down 40%.
future capital holding of more than 75% is down 70% from issue price.

what are you saying.
845. Lina |   Link |  Bookmark | May 11, 2010 11:15:22 AM
Anil, nobody is denying that this stock is 50% down but this is not enough to prove that Management is bad...btw today news is about dividend...it means managment is not sleeping as happened most of the chor companies...mind you promoters are holding 70 plus percent...showing management has faith in business and opportunities...period
844. HalfGlassFull |   Link |  Bookmark | May 11, 2010 11:09:08 AM
I agree Anil..would have sold at 180, can only regret now.
But now it is 123, and things may not be same in further downfall.

anyway I decided to keep , would risk to see further downfall.
843. Anil |   Link |  Bookmark | May 11, 2010 11:02:49 AM
Hal Glass full tell me who is better one who sold at loss on openining for shree ganesh jewllery at 180 like standard chartered bank or one who is holding still ipo allotmet and price currently at 123.

there are lot of good stocks available in market to switch over from this bad scrip. if one would have used same money after selling at 180 rs on listing and bought good companies as united bank,recltd,adani power,cox and kings would have receovered most of their losses in this stock.

you keep holding the stock and i will be back in 1 month
842. Anil |   Link |  Bookmark | May 11, 2010 10:53:50 AM
Hiro ,Lina i think you are heavily invested in this stock and not able to digest the efact that the company is fraud. any company ipo falling more than 50% in 1 month after ipo is already been labelled as a chor company.

Secondaly considering 3 star or 5 tar export house status is a crap. check house of pearl fashion was one of the largest export house status with excellent rating issued at 550 rs now at 80 rs with no buyers.can you explain why.this is all because of management and their export orders hitting hard.

shree ganesh jewllery is highly dependent on currently which is very fluctuation and export orders unlike titan and gitanjali gems which have local demand as well.

for me i would always short and stick to my target price of 80 rs and if i need to buy i will buy better companies like titan or gitanjali which have local as well as international presence rather than shree ganesh jewellery whose jewllery are not popular as well as business very cyclic.

Hiro/Lina you have been persuading others to buy since price of 180 and i have asked them to short since 180 rs.

i have already earned and will keep making short in this stock at all levels. so please dont give explanation to me as i know what i am doing