PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome

LongTerm

LongTerm

Senior Equity Analytic

Posts : 50
Equity Stars : 4662
Reputation : 0
Join date : 2011-10-21

Hi all, PLC starts trading tomorrow, and considering the timing it cannot get any worse for a stock to debut on the CSE.

Their results were out, which seemed to be extremely good- but the market does not react to good performance anymore I guess....Any views on how to trade on this share are welcome...

Please discuss price points which all of you are hoping to buy and sell and what sort of investment horizon to be looking at the moment...

Last edited by Quibit on Thu Nov 24, 2011 7:05 am; edited 2 times in total (Reason for editing : title shortened.)

Roboticfx

Roboticfx

Senior Vice President - Equity Analytics

Posts : 1858
Equity Stars : 7922
Reputation : 131
Join date : 2011-07-16
Location : 5° 55'N - 9° 55' N and 79° 42'E - 81° 52E'.

Thanks for the news. These days I am busy and I was not here in last days. Even I don't know the security code of PLC. Please post it also! thanks again!

econ

econ

Global Moderator

Posts : 1479
Equity Stars : 8436
Reputation : 94
Join date : 2011-01-27

massive selling pressure will be there.

Niwa

Niwa

Moderator

Posts : 444
Equity Stars : 5083
Reputation : 15
Join date : 2011-10-15

PLC.N0000 is the code. any way gov will try to make mkt go up tomorrow.

Academic

Academic

Senior Manager - Equity Analytics

Posts : 454
Equity Stars : 5450
Reputation : 103
Join date : 2011-01-23

Niwa wrote:PLC.N0000 is the code. any way gov will try to make mkt go up tomorrow.

Not gov. Mr. K*****ge would try.

UKboy

UKboy

Senior Vice President - Equity Analytics

Posts : 1943
Equity Stars : 7347
Reputation : 391
Join date : 2011-02-08
Location : Earth

Whoever is planning sell their shares below the IPO price should immediately leave the market and forget about whole market. Those kind of D*** A**** should not be staying in a market.

sikka89

sikka89

Senior Manager - Equity Analytics

Posts : 552
Equity Stars : 5392
Reputation : 23
Join date : 2011-08-17

UKboy wrote:Whoever is planning sell their shares below the IPO price should immediately leave the market and forget about whole market. Those kind of D*** A**** should not be staying in a market.

Well said UKboy..

godswen

godswen

Senior Manager - Equity Analytics

Posts : 469
Equity Stars : 5527
Reputation : 65
Join date : 2011-02-02

BTW PLC is going to be another index heavy counter with its 1,560,000,160 shares. So at the issue price of 18 rupees its market cap would be 28 Billion going to be just above HAYL current market cap.

It will be another index changing share isn't it?

Rapaport

Rapaport

Assistant Vice President - Equity Analytics

Posts : 681
Equity Stars : 5744
Reputation : 55
Join date : 2011-02-01

UKboy wrote:Whoever is planning sell their shares below the IPO price should immediately leave the market and forget about whole market. Those kind of D*** A**** should not be staying in a market.

The market is a free place and anyone can sell and buy as and when required. The intelligent investor will hold any IPO if it is valuable or has good future value. Those who bought for a quick buck will sell as soon as possible. One must understand the different layers of investors in the market. If the investors all invested the same way in a market, i dont think the market would be an exciting place! Good luck to PLC!

Cheers!

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome

1 PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 6:37 pm

LongTerm

2 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 8:20 pm

Roboticfx

3 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 9:05 pm

econ

4 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 9:08 pm

Niwa

5 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 9:11 pm

Academic

6 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 9:30 pm

UKboy

7 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 9:36 pm

sikka89

8 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 10:28 pm

godswen

9 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome Wed Nov 23, 2011 11:40 pm

Rapaport

10 Re: PLC Starts Trading Tomorrow: Comments on a Trading Strategy is Welcome

Sponsored content

New topics