Lotus Eye Care Hospital Limited IPO Message Board (Page 5)

Lotus Eye Care Hospital Limited IPO is very good

lotus eye care hospital is well know corporate hospital which has attracted lots of people from abroad(developed and developing countries). eye care boom is coming up in a big way and lotus has a major share in it, so its worth investing

Lotus eye care has been performing in big way since many years with lot of potential in health sector. performing surgeries and other facilities in par with any international eye hospitals. and lot of many is involved with availiblity of latest worldclass technology with lotus. lotus has set very high standards when you compare with any other eye hosp in coimbatore. your many is safe and can expect double in couple of years so can be invested without fear

Year end        Mar 07        Mar 06        Mar 05        Mar 04        Mar 03
Net sales       6.75       2.43       1.83       1.42       1.13
Operating profit       3.08       1.54       0.89       1.17       0.77
Net profit       1.29       0.52       -0.04       0.28       -0.02
Equity cap pd       2.00       2.00       1.25       1.25       0.78

Cash flow analysis
(Rs.in Crs.)
Year end       Mar 07       Mar 06       Mar 05       Mar 04       Mar 03
NOPAT       1.45       0.72       -0.22       0.41       0.20
Operating cash flow       -0.88       0.53       0.92       0.41       1.50
Free cash flow       11.69       2.85       2.41       0.65       5.03

Key operating ratios

Year end       Mar 07       Mar 06       Mar 05       Mar 04       Mar 03
EPS(Rs)       64.50       26.00       -       22.40       -
Book value(Rs)       501.00       158.00       151.20       154.40       151.28
CEPS(Rs)       113.50       63.00       45.60       69.60       83.33
NPM(%)       19.11       13.99       -2.19       19.72       -1.77
OPM(%)       45.63       56.38       48.63       82.39       68.14
ROCE(%)       17.56       10.72       5.94       13.96       2.50
ROE(%)       19.58       13.47       -2.09       18.01       -1.69
Debt/equity       0.82       1.33       1.47       1.67       2.39
Interest cover       9.13       2.86       1.22       3.22       0.91

Not a good issue. we should take lesson from fortis and wockhart ipo.

Looks like Jimmy is part of the company or the merchant banker .. I don't see any valuein investing in this market conditions. Stock is over priced.

I think the Issue should get a good response. I just saw RHP and found that the management of the Company is amazing, only fewer company's have such a quality management.... the expansion plans Company are quite impressive.. I also visited the company website which gives all the information about it. I thinks its a good company for investing. I WILL APPLY for it.. :)

HOSPITAL ISSUE BAD LIST IN DISCOUNT

When we compare this eye hospital with Arvind Eye Hospital of Madurai and Coimbatore and Sankara Nethralaya it is a small hospital.This promoter wants to encash the IPO boom
which is over now.This issue is riskier even for at par value.On what basis they are coming out with a price of
Rs.42/- nobody knows.As per SEBI chairman's view many promotors are greedy in IPOs.Probably the promoter and merchant banker are thinking investors as blind.
This issue should be avoided at any cost.Bank FD is much much better.

Better yo buy fortis much bigger name than this bad company.
not even worth 20 rs.stay away

I Feel the script is over valued and given the current situation you can pick it up at discount on listing.

lotus eye care is having good fundamental eps 3 rs b v 54 go for it