all the same person with ID VJain, AKA are posting some irrelevant message and abusive language. VJAIN have lost heavily by investing in bad SME and even Jalan he is making huge losses so dont like messages. Can you please remove their account id quickly If this is not done plz remove my ID IPOANALYSUIS quickly . If VJAIN urf AKA would stay in this forum , please delete my account.
i need some quick reply . PLZ remove my ID and all my messages, ur site allow irrerelvant messages which can be posted by anyone. As Vjain and AKA type of people are still there after writing rubbish comments, i would want to delete my account and all my messages . please close my account to immediate effect
We will wait till the results are announced before making any investment. But looking at the prospectus the company was looking promising. May be some short time financer/investor are trapped.
The Issue price of Rs. 46 was anyways too expensive to begin with, and rightly so, the stock has opened at a discount. It’s a classic case of wrong valuation, the company had overvalued itself not correctly estimating what it’s fair value was. When coming out with an IPO, the company must realize that the market discount’s everything so it’s necessary to give the investors a fair value which can be accepted by the market.
Tell me on what parameter price is high Yes I agree it failed but it was never overvalued Pe of 14.5 for logistic company when it''s peers r trading @ 30-40 is not over valuation Growth rate of 20 to 25 percent from last 4 years when it''s peers r experiencing regrowth is not over value Operating margin of 20 percent when it''s peers r having single digit operating margin is not over valuation Yes debt is high but mostly it is secured debt... it own 400 trucks and all r purchased on loan which is quite natural.. Moreover out of 17 cr. 6 will go towards debt repayment and 5 towards working capital Who r there clients Bajaj Yamaha hero motocop Honda and other market names Plus they plan to enter in 4 vehicles transportation 2 vehicles n 4 vehicles transportation is good business compare to goods transportation because company will get 100 percent of there sale as 2 vehicles dealers can''t run away by doing default From 1st July gst will be implemented they r biggest beneficiary of gst as they transport vehicles from place of production to dealers and all entry tax octri will go away plus truck driver will not have to waste 4 to 5 hours at state entry point to explain various documents... I think it is good company so I applied and got allotted and today it was down 10 percent.... Take example of steel city it open at 50 issue price was 55, then within 15 days it touch to 72 ... Price may go up n down but it''s valuation is good or if any one disagrees then tell the stock which has cheaper valuation than jalan transportation Yug decor was up 10 percent and jalan was down 10 percent ... operator can manipulate the stock for few days then fundamental comes into picture....
Don''t look at pe only ....look at ev/ebidta n close look at b/s
18.5. Nidhike May 20, 2017 5:22:13 PM IST I Like It. | Report Abuse Top Contributor Top Contributor (200+ Posts, 200+ Likes) First time seen a company having negative cash in hand ....cash in hand -93 lacs .....Amazing!!!!!! avatar 18.6. Nidhike May 20, 2017 5:25:31 PM IST I Like It. | Report Abuse Top Contributor Top Contributor (200+ Posts, 200+ Likes) Again first time seen ....A qualified CA being CFO of this company is paid salary of 10000 pm ....yes yes u heard it right 1.2 Lacs p.a. is the salary of a qualified CA CFO Bhai itme me to data operator bhi nai milta :)
stock is headed towards 35 rs and not sure why not agreeing that it has been expensive. have you checked the sellers and what caused people to sell it .
I agree with Mr. Eshan Doshi, personally i feel that i won''t buy this stock at such high price, because it seems too expensive. I might have invested in this stock if it was priced around Rs. 25.
Both are excellent. Also hitech pipes. Invest for long term gain. Don''t worry Abt low volume. When the buying starts it will be good. Results have been excellent for all 3 companies.
I DIDN''T APPLY ON THIS ONE DUE TO FOLLOWING REASON
1) A VERY BIG ISSUE AND NOT THAT SUBSCRIPTION WHICH MEANS NOT MUCH UPSIDE ON LISTING DAY
2)HIGH DEBT COMPANY. ALSO DONT LIKE NAVIGANT AS LEAD MANAGER
THE ONLY THING IS ITS LOGISTICS BUT I FOUND MUCH BETTER PLAYERS LISTED.
My Guess is it should be listed at around same price and would remain that price for some time. henceforward dont know.
wont be looking at this one as much better sme available. among new one speciality chemicals and shri ram switchgear appears to be good.
I like chemcrux enterprise and DRA consultant from listed ones. would look forward to increase position there as they have excellent management,debt free and available at low P/E .
Why would P/E work when they have negative cash flow and such high debt I would compare with the last SME Globe INternational carriers. GICL have almost same topline and low debt. It raised only 5 crore vs 17 Crore raised by Jalan.
Why should i not invest in GICL then which is better
GICL- issue which can in Oct still ruling at same price.
Compare this with Jalan is better as both are SME.
On most aspects GICL would look better. GICL lead manager-Hem vs Jalan- Navigant GICL profits have seen steady growth in bottomline GICL have P/bv OF 1 VS Jalan P/BV at 3.6- that is expensive Loan of GICL is very low compared to such high loan of Jalan
GICL IPO issue have been very less vs Jalan asking for 17 cr and can cause liquidity problems. l Lets see how Jalan performs. Best of luck to alottees.
Now check what I mean by high debt book value expensive and even pe is not good. Those who did not got allotted should feel lucky. Look at other sme which have good growth prospects.
Do not worry my friend Jalan list on higher price may be on 20% upper circuit because this Company''s business model is good and at the time of this IPO application market conditions was bad we can say that so Big fund or Huge investors dont apply but now the pi cuter is different they bought from market directly.
So wait I applied 3 applications but have not received allotment so sell after 2nd day of listing
nothing personnel with this IPO sir ji.........it about bad luck.........no allotment since long time........so many good issues have come and gone with null allotment......... I want to know is this pure lottery of some IP Address or MACH Address of device are being tracked??? I mean if am applying four application from same PC all application will be rejected or only one will be considered???