TEXTURED JERSEY - Will it be good in this up trend market?

dishii

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Market is getting better n better every day.. what you think about Textured Jersey starting day price. Down like recent IPO's or UP...?

uditha9

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its per is 11.32.it is very attractive share .theoretically it should start trading around 20. compared to expo & softlogic which had a per well above 25.

sanjee

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TJ pp was at same price as the ipo price. per also good .therefor it will start around 20 and gradually move up.

Ransiri Silva

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When it's coming to the market? any idea?

stockdad

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uditha9 wrote:its per is 11.32.it is very attractive share .theoretically it should start trading around 20. compared to expo & softlogic which had a per well above 25.

Can u pl explain yr "theory" in relation to the present market?

Lam

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same thing they said for BIL , But it is still in its IPO price level

Fresher

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Lam wrote:same thing they said for BIL , But it is still in its IPO price level

given the market conditions, at least it did not take a dive

ruwan49

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it will come b4 3d of aug as per SSp services... Suspect

Namalaka

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ruwan49 wrote:it will come b4 3d of aug as per SSp services...

No ruwan.. They say the shares bought through IPO would be credited to CDS accounts on or B4 3rd of Aug.. So trading would start probably after 3rd..

ONTHEMONEY

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agree with namalka.

most probably after 3rd Aug...

I think it might touch Rs 22/- and Rs 24/-

positive signs are;

TJ PP is @ Rs 15/-

Brandix involvement.

Market turned positive.

Highly valued compared to MGT,KURU which @ 35PE levels..

Healthy profits as a garments co.

Negatives;

Recent IPO behaviour.

liqudity

Gud Luck

chami1 · 11 textured jersey starting price Sat Jul 30, 2011 12:28 pm

chami1

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wht is the starting price........?
and
wht is the exit price.......?

Investor99

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If no announcement is made by the SEC regarding the current unregulated credit and the T+5 settlement rule market will be in a down trend next week and this might cause the starting price to trade below IPO price. Never know let’s wait and see.

windi5

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What it the IPO price?
If its real value is showed by the IPO price and if no Privet placement deals done below the IPO price,it will not be such a bad beginning even in a red mkt.Like Bil, it will be roving around the IPO Price,otherwise it will go way below IPO price like SHL

rijayasooriya

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chami1 wrote:wht is the starting price........?
and
wht is the exit price.......?

If someone know it please tell me also as I want to become a multimillionaire;)

saber

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chami1 wrote:wht is the starting price........?
and
wht is the exit price.......?

Given what we have experienced with recent IPOs its a relief if it can maintain at least Rs. 15 level.

More interestingly during the huge uptrend in the market in last couple of days, recent IPO counters like BIL, SHL, VONE and EXPO were not moving. Exclamation

sajeethk

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But don't panic sales it first day cos it can go down and come back. it happen to softlogic. if can hold little time to check the price movement

chamith

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sajeethk wrote:But don't panic sales it first day cos it can go down and come back. it happen to softlogic. if can hold little time to check the price movement

Softlogic moved only because Mr. Director brought millions of shares at 18 n pushed the priced back up again.

CapitalK

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can't predict
wasting ur time
lol!

soileconomy

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It will Hit Rs 16.80 (High) and 15.40 (Low ).That is my guess

windi5

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Then no reason buying at IPO and stuck our hard earned money in their accounts for weeks.We can but at the secondary Mkt as directors do.

sanjee

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windi5 wrote:Then no reason buying at IPO and stuck our hard earned money in their accounts for weeks.We can but at the secondary Mkt as directors do.

PP is also at 15/= therefore no one want to sell this below 15 /= , since the share is a good one there will be some demand as a long term investment.therefore it may reach 20-24 level.
bounce

ISURU

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16 - 17 range possible in a bull market.

sanjee

sanjee

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minimum 16-17 range bounce

windi5

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Now our members are not over forecasting about IPOs, they seem to be considering lots of factors before make their predictions. Earlier we used to set unreachable tr targets for IPOs.The best examples are SHL and Vone,some predicted,SHL would even pass 50 level on the first day. I doubt even 16-18 for TJ coz lots of ppl may dump there shares in the first our of trading,with the recent past experiences regarding IPOs first day trading. I love you

ISURU

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But in a red market 15 also not possible.

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TEXTURED JERSEY - Will it be good in this up trend market?

1 TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 11:58 am

dishii

2 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 1:09 pm

uditha9

3 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 1:13 pm

sanjee

4 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 1:14 pm

Ransiri Silva

5 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 1:24 pm

stockdad

6 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 2:24 pm

Lam

7 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 2:55 pm

Fresher

8 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 4:31 pm

ruwan49

9 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 9:48 pm

Namalaka

10 Re: TEXTURED JERSEY - Will it be good in this up trend market? Fri Jul 29, 2011 10:13 pm

ONTHEMONEY

11 textured jersey starting price Sat Jul 30, 2011 12:28 pm

chami1

12 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 12:40 pm

Investor99

13 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 12:58 pm

windi5

14 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 1:07 pm

rijayasooriya

15 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 1:15 pm

saber

16 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 7:38 pm

sajeethk

17 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 7:51 pm

chamith

18 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 8:16 pm

CapitalK

19 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 9:50 pm

soileconomy

20 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sat Jul 30, 2011 10:02 pm

windi5

21 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sun Jul 31, 2011 8:22 am

sanjee

22 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sun Jul 31, 2011 8:24 am

ISURU

23 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sun Jul 31, 2011 8:38 am

sanjee

24 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sun Jul 31, 2011 9:04 am

windi5

25 Re: TEXTURED JERSEY - Will it be good in this up trend market? Sun Jul 31, 2011 9:30 am

ISURU

26 Re: TEXTURED JERSEY - Will it be good in this up trend market?

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