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CL Educate Ltd IPO Message Board (Page 28)

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26. Uchit Patel |   Link |  Bookmark | March 12, 2017 7:49:26 AM (500+ Posts, 1500+ Likes)
Due to clear majority in UP and Uttarakhand for BJP market will show uptrend. Market wants clear majority for stable government. Victory will help BJP to increase headcounds in Rajyasabha. Eventually central government will go for new economic reforms, new laws etc. FIIs want stable government. Now we will see more inflows from FIIs.
It is good AAP lost in all states. AAP goes for subsidy policy. Market don''t like subsidy.
I am predicting Sensex will increase 10% in near future (3 to 6 months).
26.1. Septa |   Link |  Bookmark | March 12, 2017 9:18:57 AM (4000+ Posts, 4600+ Likes)
Seven years we can now safely bet BJP GOVT WILL be in government this clear mandate help FIIs to invest long term also DIIs will grow big time given return on traditional investment FD GOLD REALESTATE.

Even direct investment will grow

GST will also streamline lot of lost revenue to exchequer

So invest in good company with horizon of seven to ten years we will see at least wealth at least give u 10 bagger even if you grow just by 25% PA
25. Mu |   Link |  Bookmark | March 11, 2017 5:00:46 PM
HUDCO IPO ANY TENTATIVE DATES ??????????
24. dilip khatri |   Link |  Bookmark | March 11, 2017 4:37:50 PM
Any view on hind motors.
23. skssoft |   Link |  Bookmark | March 11, 2017 3:21:17 PM
any buyer ???
cl educate ltd ipo ??
22. ShareView |   Link |  Bookmark | March 11, 2017 11:00:28 AM
IPO Guru IPO Guru (2300+ Posts, 3600+ Likes)
Wait for Shankara Building Project and many more yet to come.March end is full of IPOs.
Frustrated will invest in CPSE ETF.100% allotment and 3% return.
However today brokers were talking about listing around 450/475 range.

🙏👍
22.1. Septa |   Link |  Bookmark | March 11, 2017 11:11:59 AM (4000+ Posts, 4600+ Likes)
Share view 450/475 do mean to say GMP is already negative bcoz price band is 500-502 ?
22.2. ShareView |   Link |  Bookmark | March 11, 2017 11:58:58 AM
IPO Guru IPO Guru (2300+ Posts, 3600+ Likes)
yes , I think so.
However in coming days we will see some more analysis by professionals in print media and electronic media.
its peer group also MT Educare and Tree House are not going well.
In the past we witnessed some IPOs listing at gain but later on trading at discount and vice versa.
This may be one of its kind.
🙏👍
21. rvr |   Link |  Bookmark | March 11, 2017 9:43:40 AM
with frustration of no allotment in any of the IPO''S Music or Dmart people will put the money CL Educate to get allotment and over subscribe the IPO... no one worries about valuation..all are in mood to park money somewhere and get excited...mmmm
20. gupa |   Link |  Bookmark | March 11, 2017 8:55:05 AM
yes high value big avoid
19. Viraj. |   Link |  Bookmark | March 11, 2017 6:11:32 AM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
High veluasion...avoid
18. Aman |   Link |  Bookmark | March 11, 2017 3:02:39 AM
I am active in share market since last 2-3 years. I believe in long term investing. In this period , i had lost money in only 3 out of so many of my stock picks.
Cairn India, Precision Camshafts and Coffee Day Enterprises.

In all 3 stock, i am personally very enthusiastic while making investment. however , later i had realised my mistake.
In cairn India, I had started accumulating since 250 level, than at 200, than 150. afterwards , when it touched level of near 100, i had lost my patience. I had exited at 138 level afterwards.

In Precision Camshafts and Coffee Day Enterprises, i am very optimistic being first one is related with Auto Ancillary and second one is consumer discretionary and both are very promising.

In precision camshafts, still i am not able to figure out my mistake in script selection. however in coffee day , i realized my mistake and booked loss.

As stated by Septa sir, CL Educate falls in the line of Coffee day enterprises. It looks very promising , when you only think about this but if u think calmly, u would know that they are working on several unrelated fields as like coffee day and valuing all this business collectively very tough.

let me explain it through 1 example, Capital First have Market Cap of Rs. 6K Crores with loan book of 16K crore.
entire market capitalisation of Aditya birla nuvo is 19K crore, which have 100% subsidiary in the name of Aditya birla finance with loan book of RS. 26K crore in almost same line.

Ab nuvo also have other profitable venture, i.e. birla shaktimaan, Indo gulf, AB Insulators, Jaya shree textile (No. 1 linen manufacturer), Indian Rayon (largest viscose yarn manufacturers) etc. but market is not going to give similar recognition as in the case of Capital first due to aggregation of unrelated business.

I am holding Ab Nuvo with Avg. price of 1025 and also expecting a big value addition but this will happen only if all business get demerged.

so, better to avoid CL educate.

PS: however it has to be noted that, i had earlier avoided some big profit making IPOs such as Parag milk foods (Low profit business), Quess corp (Low margin), Sheela Foam (Volatile TDI Market), Varun Beverages (unrelated business and plans), L & T Tech service and L& T Infotech (IT big avoid), S P Apparels (Replica of Kitex- cooked books), Infibeam (Internet based business has no immediate future), Healthcare global (highly capital intensive), Manpasand (cooked books and no visibility in north india, which is major market as per theirs) etc. but i have no regret.
18.4. jraj |   Link |  Bookmark | March 11, 2017 9:07:05 PM
Nice write up.
18.5. ran |   Link |  Bookmark | March 14, 2017 2:28:53 PM
thanks a lot for putting so much time and giving live Experience ...
keep on sharing experience
17. Septa |   Link |  Bookmark | March 10, 2017 11:32:32 PM (4000+ Posts, 4600+ Likes)
working out DCF will not be fair or should i say correct way to value this company. take the case of coffee day will had 40 different business if you really want to value coffee day u should have done dcf for each business and then got the real value however many got the wrong. i was against this IPO coffee day however many paid stooges make in advice it is best IPO anyway that is history. presently i have Coffee day at price below the CMP.

so for this i will workout DCF for each business vertical and give a combine fair price

will do this weekend if i am less busy
16. Septa |   Link |  Bookmark | March 10, 2017 11:19:15 PM (4000+ Posts, 4600+ Likes)
go have look at kestone website and accendere website very interest and broad claim interesting not related to core business anyway getting late will update with DCF ASAP
15. Septa |   Link |  Bookmark | March 10, 2017 11:11:00 PM (4000+ Posts, 4600+ Likes)
lot of people will compare this Teamlease and Quess IPO and give it higher valuation however big question is this really peer to these company
14. Septa |   Link |  Bookmark | March 10, 2017 11:09:14 PM (4000+ Posts, 4600+ Likes)
kestone and Accendere is the growth for CL educate and the reason for higher valuation need more reading of RHP just as tutorial provider it is big avoid. What is important how much value you can put on this HR vertical
13. Septa |   Link |  Bookmark | March 10, 2017 10:58:14 PM (4000+ Posts, 4600+ Likes)

Just going through the red herring nothing is good looks like another HPL like IPO too many if and but MTEducare Limited is peers compare with very good RONW three times better and total top line is almost same. NAV is high because of recent PE funding on face of it is miss.

will do DCF and give my final decision just on preliminary analysis on price band of 500 it is big avoid. Not sure why would u value it latest HR business which does not contribute much to top as engine growth. Of all i know it should get zero value as the business has not proved yet. it need to valued only as education provider nothing more not less and compare in MTeducare which has market cap of 320 cr on 287 top line with net profit of approx 25 cr
12. Septa |   Link |  Bookmark | March 10, 2017 10:33:20 PM (4000+ Posts, 4600+ Likes)
no grey market activity in my broker circle
11. irrelevant |   Link |  Bookmark | March 10, 2017 10:19:56 PM
GMP 75
Kostak 300
Only Buyer
No Seller
Low volume
10. Septa |   Link |  Bookmark | March 10, 2017 10:19:46 PM (4000+ Posts, 4600+ Likes)
this is going to interesting IPO onesie of the business is all abt education where prospectus is not huge on other side they also in temp employment which has huge market so how market will take this mixed business IPO.
10.1. ShareView |   Link |  Bookmark | March 10, 2017 10:40:54 PM
IPO Guru IPO Guru (2300+ Posts, 3600+ Likes)
I think weightage of education business would be more than employment business ( 60 : 40 ) in its portfolio.Business Model seems to be conglomerate. On an average , looking qualitative factors , this IPO looks average on first sight . What you think ?
🙏👍
10.2. Septa |   Link |  Bookmark | March 10, 2017 11:14:23 PM (4000+ Posts, 4600+ Likes)
first i do not like companies having un related business in its business model when i can buy listed players in both business? let wait for it price band on face of it is a avoid
9. ShareView |   Link |  Bookmark | March 10, 2017 9:55:59 PM
IPO Guru IPO Guru (2300+ Posts, 3600+ Likes)
Application Amount : 14,558
Comparative Group : MT Educare , Zee Learn & Tree House

More about CL Educate''s IPO
http://www.careerlauncher.com/press/magazine-marching-towards-ipo.html

27th - Finalisation of Basis of Allotment
28th - Initiation of refunds / Unblocking of ASBA
29th - Credit into Demat A/c.
30th - Listing / Commencement of Trading on NSE/BSE
Enjoy

🙏👍
8. NALLA KEDARNATH |   Link |  Bookmark | March 10, 2017 9:43:40 PM
CL educate Ltd price band is rs500 To 502
7. Mu |   Link |  Bookmark | March 10, 2017 8:58:13 PM
Kindly inform about when will be hudco ipo started