Shree Ganesh Jewellery House Ltd IPO Message Board (Page 19)

IPOEXPERT, you talk about support levels then how come you set up a strategy with target?..please dont fool around..

MANOHAR WHERE DID YOU KNOW IT HAS SUPPORT LEVEL?
THIS STOCK IS NOT A NIFTY THAT WILL HAVE SUPPORT LEVEL NOR IS IT A BIG COMPANY LIKE TCS,RELIANCE,POWEGRID,PFC,HINDUSTAN UNILEVER THAT IT WILL HAVE SUPPORT LEVEL

I am holding 301 shares alloted. I assume it would not go upto 148 tomorrow, as 150 is strong support level.

SHREE Ganeh jewellery to tank tommorrow.
strategy for tmoororw sell at 153.50 target 148 and further dip to 135.

there has been news that insider is selling shares in open market and also you will hear some announcement that a big comapny has cancelled orders worth 300 crore.

the company will definetely show loss in next quarter . also i think there should be some investigation done as i think they showed inflated profits to get there issue thru.

i have been buying thangamayil since 88.and will add as it moves up....had sold shree at some loss.
hope the new issues coming give some money.unknown company will give more money where public wont apply.

Neha, I am not afraid of ganesh jewellery. I am just sharing my opinion with everyone about the promoters of ganesh jewellery. they are crooks and do not desrve to be in the market.

Sadiq,
Wht makes u afraid of Shree Ganesh ji.

A company in Middle East has cancelled their export order with ganesh jewellery. This order was worth 30,000 lacs. They mentioned that this order has been cancelled due to inappropriate paperwork provided by ganesh jewellery and therefore cannot proceed with this order.
Sell your Ganesh jewellery Stocks early tomorrow morning, you will see a drop of 5% tomorrow because of this news.

SHREE GANESH JEWELLERY WANTS EVERYONE TO SELL THERE GOLD,SILVER AND APPLY IN THERE IPO SO THAT THEY CAN RUN AWAY FROM ALL YOUR MONEY AND THEN SELL GOLD FROM IT.

HAHAHAH CLEVER PROMOTERS .PLEASE LET ME KNOW HAVE YOU ALREADY RUN AWAY OR STILL HAVE FACE TO SHOW.
WILL YOU EXIST AFTER 6 MONTHS OR SHUT UR SHOPS

50000 buyer and 2 lakh seller stock to reach 120 in 1 week.
please all exit from the stock as i did at 162 and after you all sell and it reach 50 rs it will show them their real face and they will know what they have done to price 50 rs issue at 270 rs

Now ganesh jewellery price has started falling. Please everyone holding this share exit immediately before it is too late. At this stage atleast you can recover 50% of your money

YES CHECK SHREE GANESH JEWELLERY EVEN TILL DATE IT HAS 3 TIME SELLERS. IT LOOKS ALL SHARES BEEN GIVEN TO COMPANY FAMILY ARE BEING SOLD IN OPEN MARKET TILL NOW THEY MIGHT EVEN SELL AT 100 RS.

KEEP SHORTING THIS STOCK TO MAKE IT REACH AT 20 RS. THERE SHOULD BE A BIG BLACK FACE ON THEM AND IT SHOULD BE KNOWN AS THE WORST IPO IN HISTORY OF INDIAN MARKET

Keep Dreaming RAJU. Your target price of 290 is totally out of league. Going from 156 to 290 in 2 months is almost 90% increase. Keep dreaming about this. It might take shree ganesh 2 years to reach this price maybe possible, but 2 months i do not agree with you RAJU.

HI GK GOPINATH I AGREE WITH YOU ALTHOUGH I NEVER APPLIED IN THIS IPO I HAVE FULL SYMPATHY FOR THOSE WHO APPLIED IN THIS IPO.

HOW COME THEY CAN LOOT THE PUBLIC LIKE THAT THIS STOCK WILL NEVER RECOVER AND I NOW YOU WILL SEE THIS STOCK BELOW 100 IN QUICK TIME. I WOULD SAY TO ALL TO TEACH SUCH PROMOTERS A LESSON AND BAN FROM APPLYING IN ANY IPO FROM NOW ON AS UR HARD EARNED MONEY GOES TO SEBI AS WWLL.

THYE SHOULD NKNOW HOW TO PRICE IPO AND LEAVE SOMETHING ON TABLE FOR ALL INVESTORS. ANOTHER STOCK TO COME TO LOOT PUBLIC IS TALWALKARS THIS WILL ALSO GO HALF DURING LISTING .STAY AWAY PLEASE.

SEBI is going to stop trading on Shree Ganesh. Sell off your shares as soon as possible. Nobody knows when they will open the trading again. It seems they found some fraud going on with Shree Ganesh shares. Sell off fast

It is surprising that SEBI is keeping mum over this IPO. How CARE gave 3 outof 5 rating and some analysts vouched for the stock like Tulsian, but the IPO tanked miserably to half of its IPO price. None of the IPOs failed so miserably in my memory.

SEBI shall investigate as who are behind such crash, and ban such brokers or players of the market. Also they shall trak the ratings given by these companies.

hellow 683 raju: at least now you should agree that co. is quite dacoit. at all stages co. done manipulation. how care has given 3 out of 5. 2 analysts of awaaz channel were saying that the issue is fairly priced and it will give atleast 15% appreciation. capital market given 43 rating out of 100. promoters have given bribes at all stages to make success their issue.

short shree ganesh jewellery sell at 156 target 148 then further drip to 136-138. keep stop loss of 168.

stock is huge profit for thos whose short everyday

One cannot blame the promoters since the company is showing tramandous growth since last few years. I was expecting an EPS of around 26 only for 2009-10. However the co. has posted more than 36 EPS for this period.

The co. is sitting on good cash reserve and even if they give a dividend of Rs.10 per share it doesn't affect the financials of the company. One can expect a surprise next month from the management during their audited financial results.

There is nothing wrong with the fundamentals of the company and the share price is tank on listing not because of the shareholders are selling it is purely because of short selling from institutional investors.

My target for this share in 2 months time is 290/-

It is not possible for management to manipulate export figures. They have to bring exported revenue which is 836 crores in quarter in this country in foreign exchange. Promoters are selling their holding or not, we share holders could know after publishing of June-2010 quarterly result. I understand price would not go far below from here.