1.If you have sonu infra don't sell, if you want to hedge or want to take entry you can, currently market sentiments are recovering. 2.There is good upside we can see soon. 3. About sbi , currently there are rumours round market ( always remember FII, FPI or DII play with the bigger amount so they know the what are the risks and other things. Just from 6% fall do you think they can remove the funds because of panic?) 4. For good Returns you have to hold this for atlist 2 to 3 months.
@Lokes @Noorul @MRavi and other friends... Weekend Question....
I have somehow learnt the application and allotment of SME IPO, but still have to learn to sell on listing and post listing as I tend to hold most of the SME allotment which is not great. Past trend has shown majority of SME stocks fall after listing. Anyway I will learn this too with experience.
My question to all experts to suggest which SME stocks should I hold for long term, and which should I try to get out immediately or when first good opportunity of exit arise. My SME holding are -
VIVO 1 Precision Metalink 2 Richa Info 1 shigan quantum 1 Cool Caps 2 Swaraj 2 PE Analytics 1 Eighty Jewellers 2 Jeena Sekho 1 LeMerite 1 Sonu Infra 1
115.3. lokes| Link| Bookmark|
May 15, 2022 2:24:01 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@avenue: due to market fall, many good sme's has gone down recently. In my opinion, sell one coolcaps and one precision metallics to avoid further downside risk in both. Vivo also i was not convinced from starting itself with so much high price and indirectly it came down after that high listing, try to sell that around 180-200 levels. Book profit in sonu infra also and in 1 swaraj also and eighty jewellers also around 44-45. Remaining all you can hold. (richa am not tracking).
I like PE Analytics for their innovative type of business, could be dark horse if they can diversify into other sectors
115.5. antarix| Link| Bookmark|
May 15, 2022 6:16:16 PM
IPO Guru (1200+ Posts, 800+ Likes)
I had 2 lots of Precision Metaliks which I sold for some listing gains. I would suggest to exit from this one due to its business not being that much promising.
Rachana infrastructure NSE SME(Tentative) Opening on 20th May Closing on 25th May Price Rs 138/- Size 80 cr (approx) Lot size 1000 LM Interactive financial
Today during day end of SBI , computer stops and gives notifications to remove hold,then they removed hold, I talked with skyline, they already given mandate to remove hold, still SBI was sleeping, hold of sonu removed at 9.12pm
@Avenue, Friday the 13th... turns out to be a good one. SGF nifty is in strong green after long time, this will list in positive. All the best for Sonu
109.5. lokes| Link| Bookmark|
May 13, 2022 11:17:02 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@avenue: thanks for your best wishes :)
Congrats everyone for UC now. I am holding my 1 lot and will keep a watch on Monday. Whoever allotted multiple lots, they may book profit partially on Monday as no idea about markets later....
109.6. Ravu| Link| Bookmark|
May 13, 2022 11:28:30 AM
IPO Mentor (700+ Posts, 400+ Likes)
Height of optimism... I had placed a sell order @ 46 though did not want to sell. Then I got worried that it might be executed so increased it to 56. :)
@lokes, Good decision may be as we don't know what to expect on Monday. (btw, I was watching it closed at 37.8 with pending buy orders... final fig was average. Just for your info, but its not big deal any way. )
109.17. lokes| Link| Bookmark|
May 20, 2022 12:14:57 AM
IPO Guru (4400+ Posts, 5100+ Likes)
it came near 32 now, so it was good to book profit in such average ipo in such bad times. We were lucky even that it listed at par and hit upper circuit later else listing at issue price was even considered good seeing the market conditions. So always better to book profit/loss considering all things, if anyone want to hold for longer term, can buy again anyways at lesser price, or there are many other opportunities too, if share doesn't go down more, but at least better than to be stuck at wrong side for short term too. Even in fone4, when it was visible during preopen or after listing, that its not performing good so its better to sell soon. i was lucky there too to get out at 10 in preopen.
I am also stuck in Fone like you Jashpal. Tried putting sell order around 8, but it didn't happen, just missed it by 10paisa... I will most likely not go below 8 and wait like others.. But did receive some interesting data from ICICI Direct on some bulk orders by a company called KWID...