Make average & come out from this ipo. It is range bound between 125-150. So Purchse at low level & Make average. Other wise wait for one year to cross 200.
BE SAFE With SUPREME INFRA Buy supreme infra at around 133 for a 3 months target of 180
Suprema Infra is into construction business with relatively high margins . company has around 55 projects in its orderbook and a potential player to bid for specilaised projects in near furture. For FY 07, the company had contract income of Rs.81.89 crores and PBT of Rs.14.73 crores with PAT of Rs.12.65 crores, on equity base of Rs.10.40 crores, giving an EPS of Rs.12.16. EPS for FY08 is expected to be around 19. Although stock is trading with relatively low volumes stock has tested the support level at around 126 now possibility of stock moving upwards rapidly once the volume kicks in . fundamentally its strong, stock trading @ a relatively low PE ratio and there is a lot of room for growth . A SAFE BET for good returns
CLICK BELOW TO CHECK LIST OF ONGONIG INFRA PROJECT IN HANDS ,DONT PANIC ,HOLD & YOU WILL DEFINATELY GET YOUR PRICE SOON.dont loose faith ,even i bought 1200 share @190 on average from mkt, LIST OF PROJECT IN HAND http://www.supremeinfra.com/content/ongoing.html
dont buy by guessing ..... this stock will go to that price and that will come to this price. if you believe the stock is good then only buy the stock. nobody knows what is the good price to buy or sell..ok. dont blame anybody else excpet yourselves. rama
very few got allotment as 60 share only.good technical & fundamental.i applied 5 full application in retail but got 60 shareallotment in 1 a/c only so i purchased 1200 from mkt.
strong buy:tcs @ 1061 target 1200 (3 month)(risk free)(strong strong order book in hand) disclosure:i bought 1200@ 165
I brought Supreme 125 shares @ Rs.188/- when the market was in good shape. Now by looking into the market condition, I am wondering whether I should hold on to the shares.
Supreme is a "strong buy" at current level. If there is no much downslide in the sensex, this scrip will start moving up.
Here are some management interview excerpts... they have orderbook - 450 cr Fy-08 eps - 22 and Fy-09 eps - 31 + is expected so pe ratio of atleast 8 of fy-09 is ok, so the target is 250. Its a 6-12 months target, may be achieved much before that also, their RMC business is attractive one than other biz, so it may be rerated on later stage.
This company has amazingly good profit margins in industry. There will be news triggers of order wins at regular intervals, so stock can be in momentum and may show the graph like GMR Infrastructure that went from 210 - 1050 in 7-8 months.
This target is most conservative - subj to market conditions.
Dont ever follow what Tulsian says. He has not given a positive review of any good IPO. whenever there is a good IPO he will say that the IPO is overpriced. And when the IPO does fairly well on listing he will ask you to book profits. For example he said that powergrid was expensive above 80 levels. today even after the market slide it is at 130
May be Supreme will be available on Monday at Rs.130-140 levels. It will be best price to buy.
This is what Tulsia says
"Investors are advised to hold Supreme Infrastructure. The company has good margins as also presence in realty. FY08 EPS is likely to be Rs 20 which discounts stock less than 10 times. Share has potential to touch Rs 250 mark in 3- 4 months."
Hi tanushree, i think u have a great mind in investing in stocks..i have always observed that most of the times u r right...i hope for supreme also u r right