Prestige Estates Projects Ltd IPO (Prestige Estates IPO) Detail

Ravi: Hope u had profitable trade. If u had waited u could done more profit.And if u still hold or year u could see price of 400 to 420rs

112. ipoforu

Thanks for disagreeing. I am not forcing anybody to follow my analysis.

Coal India selling at first opportunity and entering later at declines is my strategy & analysis. I am happy if you make money in that IPO in short-term, no issue even if I miss by disagreeing with you.

Technical Analysis / Short-term trading is not suitable for everybody. You are at liberty to reject as it is your money & your responsibility.

111. Ravi,
I understood your phylosophy of 9:05. Thank god u have not mentioned 9:01. And all your technical analysis.... god knows, who is reading it..
Who is retired and who is active time will tell..
All the best for your sale....

109. ipoforu

If your investment horizon is more than two years, you can keep holding. 10 - 15% correction can happen if Mining Bill becomes law.

At 300, it has factored in next one years'growth. It is suitable for retired people. I don't have patience to hold for long-term, but once Mining Bill becomes law I would prefer to enter at lower levels.

As of now, I am long-term investor only till 9:05 a.m. on listing-day.

Morgan stanley and Swiss finance guys are really smart fund house, who have sold the stake in prestige. Openhiemer is norwagian fund, relatively new player.

108. Janmejay Gupta / Ravi, whaterver
Coal india already spends close to 3-4% of the revenue in CSR activity (They have lot of locals /resident as labourer) etc. They run more hospitals than appollo or fortis.

Draft mining bill even implemented, all this CSR cost will billed as part of this outlay. It will have more impact for other players and mining industry as whole, but for coal india it's impact will be minimum.

Coal india is perfect india story every institutions like to play. this stock can be put in PFC/REC/Oil india category and strictly not in categoy of NHPC/Sutluj/NMDC/Hindustan copper (FPo to follow).

It's profit will rise and it will get re-rated. You can even see 400 on the stocks. Only risk to the stock is Workers strike, if they see investor making money and their demands are not met. At this juncture even strike can be dealt because govt/ coal india ill aford to stop production when power plant is runnig out of the coal.

106. ipoforu

I am not comparing Prestige with Coal India. How can I compare elephant to goat?

Have you heard about Draft Mining Bill? What impact it can have on Coal India's PAT? You should know that before talking about long-term.

Ravi(wrong ID due to bug).

Prestige 206- Resistance 211. No short till 190 holds.

103Ravi,
Do not compare coal india with Prestige. There is no coparison. coal is rating is 5/5,cash rich company, sitting on commodity which every industry power, steel, metal, cement everybody is craving for. Coal india is highly undervalued.
It is real Jem diamond, which nobody should even sell at Rs.300. If holded it will fetch you Rs.400 or more.
And
Prestige is debt ridden, showing investor the land they own and showing the future profit. current profit is very small with all their rental incomes secutarise

It will be difficult for this company to save its prestige.Its worse than Ramky.

well said Ravi, i completely agree with you..
Same happened with ramky, while Udayan & other were shouting listing price of rs 500..

IPO INVESTORS - BEWARE OF CHEATING PROMOTERS

Market operators are an essential component of a bull market. Promoters need them to cheat investors through price rigging and profit rigging. The usual route is to show exaggerated profits, loan shares to operators and unload the promoter’s holding. Promoters usually collude with market operators who flaunt the right connections – FIIs and Domestic Institutional Investors as clients. It is an open secret that many Fund Managers receive huge kickbacks for investing in certain companies & IPOs with an assurance from the Promoter/Operators that they can exit at a high price through market manipulation.

When you think of operators, don’t think of shadowy individuals. They could well be institutions with a big name and shining public image.

The institutions will have an understanding with the promoters.

A grey market may sprung up for the issue quoting a price of Rs 200, when the IPO was at Rs 175. Operators in Ahmedabad, Rajkot, Kolkata actually ‘BUY’ some shares from the public at Rs200 but immediately SELL them at Rs190. They create an impression that this grey market is genuine and we could sell our shares at Rs200. The operators loose some money, which will be compensated, and the company raise thousands of crores.

In several IPOs, promoters give operators a kickback of as much as 50% to get the issue subscribed. Once it is subscribed, operators who own most of the floating stock are able to ramp up the share price immediately on listing and start exiting. Their risk is minimal because they have already taken a 50% kickback.

They offer good party & offer grafts for analysts to give BUY report buliding stories & projecting fancy future earning numbers. Buying any stock based on future earnings in bull market is not an investor, he is a punter. A punter is not necessarily someone who plays on technical analysis- even investor who first buy & then reserach are also called punters, even who invests based on future earning estimates without due digilence are also called Punters. People research after bought & caught some stocks. It is like playing ANDHER-BAAHAR without seeing cards!

Chairman of Coal India Ltd. (CIL) as saying that 'the listing gains from CIL will be big'. We believe that getting carried away in the rising tide of bull markets is a normal human behaviour. But the managements trying to talk up their stock prices, or attract investors to their stocks by making such statements. Does anybody who talk long-term investment in Coal India know the impact of Draft Mining Bill if it becomes law in its present form?

Most initial public offerings underperform the stock market as a whole in the long-term. The Managers of the companies themselves try to time their sales to coincide with a peak in the prosperity of their companies.

Prestige is one bad issue. Let's see what is in store tomorrow. Some people may blame third person for their investment decisions!

any one is not writing in this page why

My strategy for first 30 minutes:

1. Wait for 10 minutes.
2. If the issue breaks Day's Open Price SELL with Rs. 5 stop-loss above Open Price.

My estimation of its fair value is anywhere between Rs.117 to Rs. 95. HDFC & Edelweisss have expressed concern over its high debt.

What happened in Orient Green power =900cr. worth of shares And only 30cr. worth of shares with public. Still could not manage. Why one will buy a debt ridden company at 40multiples

prestige k sare share QIB walo k pass hi hai,
to easyli manage ho jayega.
you all think about it,
pahle QIB portion ko dekho phir kahna .

IPO float is 1200cr. Very large. Difficult to manage, if somebody tries , they will burn fingers and institutions will exist.

Presitge is in Debt upto their neck, even all their rentals incomes are secutarised with the lenders. 6000cr,mkt cap and income around 144cr.

TO,
96. Anonymous

ONLY & ONLY YOU CAN OPERATE THIS I P O

BE CAUSE , NO OPERATOR WILL BURN HIS HANDS

IN 1,200 CARORE MEGA ISSUE

suna hai ki 1 opretor ne prestige me entry li hai
ye ipo ka listing 225 pe hoga aur band 340 pe hoga.
its a sure shoooooooooote.

i think employee reservation added to retail