Shree Ganesh Jewellery House Ltd IPO Message Board (Page 14)

Anil the stock has fallen to much. It's EPS for the full year is Rs. 35. By reasonable PE it should quote around 210. I did not buy this stock from IPO but only from secondry market. Look at Thangamayil jewellery. The price has increased from issue price of 75 to current 95.

I AM HAVING 67 SHARES ALLOTED THRUGH PUBLIC ISSUE. I HAVE AQUIRED 500 SHARES IN SECONDARY MARKET. MY AVERAGE COST IS RS. 141/- I HAVE STUDIED THE COMPANY VERY WELL I HAVE ALSO VISTED THEIR FACTORY IN KOLKATTA AND THE COMPANY IS FUNDAMENTALLY VERY STRONG. IT WILL SOON TOUCH 200+ WITHIN 6 MONTHS. IF THE PRICE SKIPS BELOW 125 I WILL BE MAKING ADDITIONAL PURCHASE OF 500 SHARES.

HAPPY INVESTING

see manohar message 795 my analysis is going 100% correct and that too for everyday.

short this stock again at 132.50 target of 115 and then further below to 75 rs


May 03, 2010 7:19:58 PM IST Report Spam!
what a trend manhohar . even i can guess than tommorrow it willl not fall below 134 and it has resistance at 143.
whas great about it in a single day it moves 1-3 % only.
the fact is it is going down everday so if tommorrow it closed at 135 and then on wedenesday at 132,thursday 128 and friday 125 what conclusion would it come out with

simran i can tell you correct price to buy this stock is 25 rs . wait for a year it will reach that price.its like dhanus technologies and rememebr after it reach 25 rs it will stay in the range of 22-28 always

At this price Shree Ganesh is a decent buy. I have purchased 44 shares.

Manohar pehle toh tum support level 150 par keh raha the abuske baad 142 par ab 136 par kuch time baad 90 par uske baad 25 rs par kahoge usse jyada nahi girega.kya bakwaas kar raha ho bhaisahab


705. manohar Apr 21, 2010 10:52:09 AM IST Report Spam
704 IPOEXPERT, Bennet Collmenn, Times of India holding company has taken shares under private placement at 150/-.
They would not like to fall price below 150, I assume. Hence I predict support at 150.

what a trend manhohar . even i can guess than tommorrow it willl not fall below 134 and it has resistance at 143.
whas great about it in a single day it moves 1-3 % only.
the fact is it is going down everday so if tommorrow it closed at 135 and then on wedenesday at 132,thursday 128 and friday 125 what conclusion would it come out with

Anil,
I am not 793 man. Luckly my technical proved true today support 136. resistance 141.

market is down heavily still this stock is not going down..it has come out of bearish trend....anil jaise log marne wale hai ab...

dekha yeh stock 141 se ssedha 137 par ab patao manhoar goncho short karne mein samjdhari hai ki nahi.

abhi bhi 3 times seller hai

man gara maine isse short sell nahi kiya hota toh is blog mein akar sabko short karne ki salaha nahi deta aur na hi target deta.

i kow because i have earned a lot by doing short sell in this stock. i know many people who applied in this ipo and further bought share after it list at discount but hni and other intelligent people will do exactly opposite that is short sell when others buy.

morever this is a third class comapny and a chor management.i know you will see stock at 25-30 rs after 1 year time. mark my words.

check dhanus technology ipo price 295 rs which i sold at 320 ( i was lucky at that time) beecause i got to know the management. thsi stock is now at 22 rs with no buyers.

shree ganesh jewellery will have same fate.
i know many retailers will try to buy it after its fall but they will be kept trapping in it.

so to be happy just do short in this stock to earn and there are some stocks which are meant to be short only

Anil,
Karo Jitina dam hai short sell karo. mera kiya. kamayenga to bhi tumhara, ganwayega to bhi tumhara.

news in all f investors will start selling shree ganesh jewellery from monday onwards. as there is heavy selling to be done and no buyers shree ganesh jewellery is going to fell from 139 to 90 and then next traget to 40 rs.

fair value of stock is 25 rs.
if anyone want to enter he can enter in stock at around 20-25 rs.

discolsure: doing short selling ever since listing.
advice others to follow same

Ravi, Bangalore,
Your targets in this counter are frightening, to say the least!

Technicals of SGJH FOR 3.05.2010.
Buing will emmege only if remain stable above 139.90, otherwise in bear grip.
1st resistance is 141.
2nd resistance is 145.
3rd resistance is 147.
1st support is 136.
2nd support is 134.
3rd support is 131.
I assume on Monday share will not go below 132.

STOCK NOT ABLE TO HOLD PRICE OF .
STOCK TO REACH 136 AND THEN FURTHER DOWN TO 128.

KEEP SHORTING THE STOCK. STOCK TO REACH AT 80 RS IN 1 MONTH

YOU SHOULD LOOK AT KCP RS.300'- REGULAR DIVIDEND PAYING CO.RS.2/50 EVERY QUARTER I.E. RS.10/- EVERY YEAR AND EMPEE DISTELLIERIES CMP RS.125/- DVND RS. 5/- REGULARLY TO RECOUP THE LOSS INCURRED IN SGJHL SEE THE FUNDAMENTALS OF ABOVE MENTIONED CO'S AND GROWTH PROSPECTS A SAMLL INVESTMENT WILL GO A LONG WAY TO RECOUP YOUR LOSSES. THANKS

Very Intresting stock..many people in market are attracted to this stock due to its movment...buzz is that people delibrately brought the price down and boght at 135 levels...it is said that it will reach 450 very fast...

After reading technical charts;
Now let to see short sellers dares to short sale or not tomorow?

Tomorow's technical charts;
If it remain above 138.4 then 1st resistance is 144.65,
IInd resistance 149.00, IIIrd resistance 155.
1st support 132.1, and if it breaks 132.1 then could go as low as 127.
But looking at international markets as on now, it seems unlikely to break 132.10 tomorow.
Conclution tomorow SGJH would remain green and close up.
Happy days are ahead for investors of Shree Ganesh.