I don''t remember but someone said that AI and cloud is the future (my background is web development, self-employed)... and and that big players like infy and tcs are lacking but trying to get into... but will take some time to mature... small players? yes, startups can work wonders sometimes, that''s why venture funds are for... Show the biggies a lesson and when you are established, sell ofs for a high premium... that''s what maximum corporates are doing nowadays on ipo...
Crpto Very difficult to understand share market I think nobody can teach Your experience will teach Even experts are not correct all the time Otherwise no need to advice Go on making more and more money Wait and watch
Yesh !! Your post sure has that nagging conviction embedded in every wishful word therein. Those thinking about selling or not buying must be scared shitless. . They know the gravity of their bearish action can''t outweigh the insanely powerful antigravity of your bullish desire..... Stay tuned for more.....
No working capital accretion planned. The cost of equity would go up and the intrinsic value should fall. Such offers must come at a hefty discount to the peers.Also the crazy need for never ending innovation and a lack of competitive advantage makes the theme very dangerously poised. But there is no need to worry for the applicants who are looking to book some quick profits as logic is the greatest enemy of obsessive long term investors (who would buy from y''all) who don''t really invest for too long.
RETAIL 5.21TIMES TILL 11PM RETAIL APPLICATION WISE 4.73 TIMES NO. OF APPLICATION 470520 DEAR CHEM CHO SIR, SOFTWARE COMPANY NO FANCY IN THE STOCK MARKET NOWADAYS. SO IT WILL LIST 270 OR BELOW.
@market kid & cool sunshine pls ignore any direct comments on other bcz chem cho has not make comments directly......cool sunshine u r also learned man and mature one that can be seen in your post i am a fan of both u sir.....we people should respect each other for healthy discussion....keep it up bro.........
144. Chem cho| Link| Bookmark|
January 18, 2018 3:49:50 PM
IPO Guru (2500+ Posts, 2700+ Likes)
I did not apply and not repenting at all. Wish all applicants all the best.
Even if Newgen proves to be major wealth generator for all applicants including u, I will not repent. In stock market investment repenting makes people either over greedy or over fearful. I learn from my mistakes but never repent. I will curiously wait for the listing (as always). Let us see what this transaction teaches us.
I think you must have misconception about word '' repenting '' (just like you had about infosys is comparable with Newgen software)
So let me clear
repent(verb) Means,
feel or express sincere regret or remorse about one''s wrongdoing or sin.
......plus repenting is present continues, so it is the word that one can use only after work done, Means here after listing(reflection of wrong decision )
Here listing is far away , and you wishing us to repent, real guru !
It''s a good company, product based company. So I expect the ipo to be fully/more oversubscribed as its a small ipo of 400cr. Although not a portfolio stock, one can apply for listing gain. There is about 10% upside on listing possible.
142.1. Chem cho| Link| Bookmark|
January 15, 2018 10:35:59 PM
IPO Guru (2500+ Posts, 2700+ Likes)
People are confused seeing good anchor list , good issue, ipo rate fixed at the time niffty was 10550 , at Rs 245 , Nifty is trading at 10741 software of Banking , Insurance and health care great demand of the above sofware
142.2. Chem cho| Link| Bookmark|
January 17, 2018 8:34:32 AM
IPO Guru (2500+ Posts, 2700+ Likes)
There is no risk in applying till nifty does not go below 10550
Infosys banking software (Finacle) was created almost 15 years ago and has been continuously enriched. Finacle is well entrenched in large private sector as well as public sector banks in India. IMO NewGen software is no competition at all to Finacle.
142.4. Chem cho| Link| Bookmark|
January 18, 2018 7:26:31 PM
IPO Guru (2500+ Posts, 2700+ Likes)
Weii done those you applied you will be benifited if you get allotment
142.5. medge| Link| Bookmark|
January 22, 2018 7:46:34 PM
IPO Guru (1300+ Posts, 1900+ Likes)
@Cool Sunshine Nowadays in software small players from various domains are stealing market from big player, both entities are at their places stand differently, at the end who makes profit in % is matters. Atleast small companies not wasting fancy salaries/packages on CEOs @Chem Cho, you are just perfect