NEOGEN CHEMICALS IPO IS OPENING FROM TOMORROW WHETHER TO APPLY OR NOT ?
ANSWER - NEOGEN CHEMICAL COMPANY IS GOOD BUT VALUATION LOOKS EXPENSIVE FROM IT'S PEERS SO NOT EXPECTING MUCH LISTING GAINS FROM IT LIKE POLYCAB.
THE ISSUE SIZE BEING LOWER THAN Rs. 250CR THE SHARES WILL BE LISTED IN “T” GROUP SO THERE WILL BE SOME RESTRICTIONS ON THE PRICE MOVEMENTS.
IF YOU WANT SMALL LISTING GAINS OF 5-10% WITH LITTLE RISK THAN YOU CAN APPLY IT OTHERWISE BETTER TO AVOID IT.
MY VIEW IS TO AVOID IT FOR LISTING GAINS IF YOUR VIEW IS LONG TERM THAN ONLY APPLY.
DISCLAIMER - MAKE YOUR OWN RESEARCH BEFORE TAKING ANY DECISION OR ASK TO YOUR FINANCIAL ADVISOR I AM JUST SHARING MY PERSONAL VIEW.
ABOUT COMPANY.
Neogen Chemicals Ltd is a 27 year old company specialising in Bromine based compounds, Grignard Reagents and Inorganic Lithium Salts.
The company was founded by Mr H T Kanani, a chemical engineer from IIT Mumbai.
Over the years Neogen has developed several Bromine based intermediates and is a leading manufacturer of these products to pharmaceutical agrochemical and other specialty chemical companies in India Europe and Japan with leadingInnovator and Generic companies as its customers.
Apart from Bromination and Grignard chemistry, Neogen has also developed competencies in other related chemistries like Alkylation, Acylation, Friedel Craft, Couplings Chlorination etc.
Sir holding mc dowls with 550 sl .
ReplyDeleteYes hold on
Delete5500 profit booked in ibulh sir
ReplyDeleteEnjoy
DeletePositional call axis bank also holing sir. Mcdowel exit at 555 sir.
ReplyDeleteOk
DeleteSir why tgts of hdfc amc big, any reasons?
ReplyDeleteReason is result on 26 april I am expecting good result
DeleteHi sir tcs stop loss hit in my zerodha 12:37 pm
ReplyDeleteYes TCS went to 2160 but didn't sustain below it.
Deletesir just curious, how much money you make in a month and in how much capital. your reply will give us confidence to trade in your calls more frequently. also i added many of my friends to your group.. they are loving the calls but are little afraid to trade. your reply will really boost our confidence
ReplyDeleteCapital needed minimum 8 to 10 lakh
DeleteProfit depends on your skill
Hello Raj,
ReplyDeleteSometimes I feel I don't have good luck in market...I bought Dabur and being waiting for it to correct from past 1 month... Today market covered so well and fmcg index also covered well... Still Dabur screwed me...
Whenever i follow your calls... The only calls which hit so are the once which I took rest your calls are rocket...
I really feel now it's by bad luck which is screwing me....
Just thought of sharing.
It's not luck it is called skill
DeleteYou just need learning and it is done only by experience
Ok noted... Your view on Dabur please for may expiry.
DeleteAlready said bro there are 2 options
Delete1 to trade with SL and if you don't keep Sl than have patience is only key to success
Hope you understand what I am saying