Milky Mist - Sell for listing gains or Hold?
As the title suggests, for those who got allotment - congratulations 🎉
I am curious as it's about to debut on Tuesday - and I am wondering that despite high PE in this sector, what differentiates Milky mist is that they NEVER sold a packet of milk but have amazing milk products which are loved by people. So, this is the only company listed in exchanges which doesn't sell milk & yet, milk products and that's why it's PE higher?
Look at the mutual fund houses and backing up of pre IPO investors - it really has had good backing
So, I would like to know - will this be good to keep it for the medium term for better returns on investment?
Thanks