Reposting as it was posted in wrong thread... Dear Lokes sir, Mravi sir Noorul sir and Avenue sir and other experts, Guide on the allocation of funds.. GMP started reported in topsharebrokers.. Seeing good GMP for most of the ipos opening in next week. Tough to allocate the funds.. mainline IPO: DCX 78/-(37%) Bakaji 90/- (27%) Fusion 35/-(9.5%) Global Health 12/- (3.5%)
SME: vital 62/-(61%) Integrated personal 21/-(36%) Rite zone 15/-(20%)
@pvn.. don't buy any sme at too high level.. Just like u did in phantom.. although company is not bad neither financial... But keep in mind smes are all about reading the situations and act accordingly.. phantom could b great buying under 210 but not over 300. Anyways there is always tomorrow and human being learn from mistakes only.. u can take direct guidance from @mravi sir.. he shown his interest about it in EMI page thread no 329.38.
There is euphoria in sme currently going on, high chances of burning hands by struck at higher levels. I struck in Phantom bought at@315. One needs to be careful....
Entering panthom at that high is never a wise decision. Good market observers will wait for price to come down than just buying blindly at listing. Even phantom owners will not buy their share at that high price.
@pvn we all have made mistakes like this including me......u can check last year ipo chats and u will know the experts now also have made some big mistakes ..... And the pain of loosing capital is painful but have faith in the company ....the lc will end soon...... And i am sure it will recover ur loss ....
@Takamichi, Thanks for your kinds words. @Vihu, Yes its a lesson to me. I am sure I will bounce back from this. Market gives to opportunities, be humble and keep looking for them. No one knows until we bet and hold tightly :-)
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October 27, 2022 10:04:45 AM
Top Contributor (400+ Posts, 200+ Likes)
Dear Lokes sir, Mravi sir Noorul sir and Avenue sir and other experts, Guide on the allocation of funds.. GMP started reported in topsharebrokers.. Seeing good GMP for most of the ipos opening in next week. Tough to allocate the funds.. mainline IPO: DCX 78/-(37%) Bakaji 90/- (27%) Fusion 35/-(9.5%) Global Health 12/- (3.5%)
SME: vital 62/-(61%) Integrated personal 21/-(36%) Rite zone 15/-(20%)
stamp duty payment option not working on CDSL easiest account...all members facing same problem or not?...... i dont wanna show stock transfer as a gift for taxation reasons. So i want to show off market sell...Can anyone help in this regards.
Asking valuation cheap considering huge capacity, debts reasonable (considering the 500L taken after balance sheet date) with lions share from promoters. IPO proceeds going for working capital, which is expected given huge capacity available. Strange way to put financials. Good geographical presence and will shift to main board in no time. Monitor related parties transactions post listing. Management compensation LOW I feel given it's size. Overall, I find this very interesting IPO worth considering. . Didn't read DRHP properly but only RHP. So, take my opinion with a pinch of salt.