To be honest there is so much to learn from these Bharat / Hindustan IPO promoters..I mean not just the investors who don''t seem to learn enough but even some roadside Sugarcane juice vendor on desi streets might learn a thing or too...They sure couldn''t extract enough out of those canes even after passing them a million times through the slowest grinder that there is.. Unlike these IPO promoters who have almost milked their buffaloes to death...
Buybacks, heafty dividends, bonuses, cross holdings, maximum inventory and debtor''s days.. ...Gosh! .."Nichod kar rakh diya zaalimo ne"...:D
51. jigi| Link| Bookmark|
March 12, 2018 4:34:34 PM
Top Contributor (400+ Posts, 100+ Likes)
In past psu listing very bad like general insurance nic.. not good response in grey market ... day by day premium down ...10-12 rs gmp.application rate 350-400.
Suggest extreme caution with public sector stocks at this stage.
Market sentiment are badly hurt and with extreme and increasing scrutiny of public sector banks..........situation is getting bad to worse. Market is sensing...that rut in in PSB may be just a tip of the iceberg and malaise may be widespread in public sector organizations.
Be very very them unless 200% sure.
The above is said for Mid to long term investing in Public Sector stocks. For betting in IPO just for listing gains.......people may take their own call based on how much risk they want to gamble with. IPO listing is pure gamble right now with negative bias.
@ IPO Jackpot current GMP is just the discount of 10 rs.
45. P M| Link| Bookmark|
March 12, 2018 8:48:50 AM
(1100+ Posts, 1100+ Likes)
Bid / Offer Opens ----------------------------------------------------- March 13, 2018 Bid / Offer Closing Date --------------------------------------------- March 15, 2018 Finalisation of Basis of Allotment --------------------------------- On or about March 20, 2018 Unblocking of funds -------------------------------------------------- On or about March 21, 2018 Credit of the Equity Shares ---------------------------------------- On or about March 22, 2018 Commencement of trading of the Equity Shares ------------- On or about March 23, 2018
As per RHP , 1:1 bonus was declared on 15th Feb 2018.Otherwise price would have been double. Can''t they wait till IPO ?
40. Aniketiaf| Link| Bookmark|
March 10, 2018 9:49:48 AM
IPO Guru (1800+ Posts, 10200+ Likes)
@ Umang and his ultrasonic uproar, The reason behind applying Tara Chand SME IPO r as follows- 1. Actually whenever I allotted with SME IPO, I got more than 50% return. 2. A very good company with a very long and recognised customer list. 3. PE is about 12.5 which is one third of industry PE (35) 4. Profit margin is increasing year by year very fast. 5. Govt focus and spending on Infra sector. 6. Logistic sector got Infra status recently. 7. The lead manager of the issue is Hem securities Ltd which became lucky for me every time.
I will be glad to become a shareholder of the company which has a client list of Reliance industries ltd, Larsen & Toubro ltd, Steel Authority of India ltd, Rashtriya Ispat Nigam ltd, Oil and Natural Gas Corporation ltd, Tata Projects ltd, Hindustan Construction Company ltd, Vedanta ltd, J Kumar Infraprojects ltd, NCC ltd, Welspun Corp, ITD Cementation India ltd, Bharat Heavy Electricals ltd, Gayatri Projects Ltd, Megha Engineering & Infrastructures ltd. Thanks.
I do agree that PE for Tara Chand "post issue" will be 12.5.
But since it has shown eps growth from 0.73 (2015) to 3.82(Dec 2017) and estimated 4.4 in March 2018, it will be appropriate to take average of last few years for valuation as I do not see margin of 7.5% sustainable due to blue chip clients. The margin was 4.0 % in 2015.
Hence average eps comes to 2.83. So PE is 20x exactly same as its peer Tiger logistics. It is fairly priced not underpriced.
Hem Securities not preferred managers for me.
I think Sarveshwar Foods was a good IPO but due to bad market conditions the response was a bit timid.
Mohnish Parbhai has invested in basmati rice company KRBL( CMP= 444) at Rs.594 this Feb.
If he sees great future in this sector then I think Sarveshwar Foods will also do well in future.
Nimbark (organic business) will be the game changer for sarveshvar. The Company has successfully converted more than 9000 Hectares of conventional agricultural land into “Organic Farming”. Nimbark has 100 organic products under it''s portfolio. Company plans to open 100 Nimbark stores across India
We very well know the potential of organic theme. Patanjali is the latest example, came from nowhere & now has revenue of 10000 crore. Now it''s one of the leading player in FMCG segment. I am not excepting Patanjali kind of growth from sarveshwar foods, but even 5% of Patanjali growth will do wonders for sarveshvar foods.
Organic products is a high margin business. Sarveshvar is expecting organic business to contribute 30/35% of total revenues in next 2/3 years.
IMO there is not much similarly apart from the ''logidtics'' tag.Tiger provides logistics services to other logistics company...It''s a asset light model. TCL on other hand is a full fledged logistic firm which also makes some mid chain steel products used by the clients....
Tiger"s profits too increased from 4 to 10 Cr. in the last 03 years. But what''s shocking is the way the promoters have been increasing their salaries..
I know they have..and that''s erroneous...But since the crude seems to be peaking out and with the general upcycle in the steel industry alongwith the GST and Demonetization induced disruptions fading out, it appears to be a good bet...As for the P/E, all the listing candidates consider the TTM P/E and even if we assign some discount value to that , the offer still looks very good on the face of it....
Trump''s new threat ::::: https://m.economictimes.com/news/economy/foreign-trade/donald-trump-threatens-to-impose-reciprocal-tax-on-india-china/amp_articleshow/63233790.cms
The reason behind it is the warning Donald Trump gave earlier on bikes duty.That warning was taken lightly.Now meltdown of all metal stocks will continue as we have seen before two years.I wonder how these two stupid guys run the nation.I hope you understand who are these two stupid guys , specially when two psu ipos are coming at a wonderful price!
Trump deserves to be commended for he does exactly what he says or had promised to do....$ 1.5 Trillion corporate tax cut this winter was the proof.....He doesn''t care about Cohn''s resignation or the general ruckus over the import tariffs even within the tea party....
It''s America first for him so he won''t think even once before putting the screws to the nut jobs in India ...Unlike Indian policymakers who abruptly retract from the age old policy of supporting Dalai Lama and other voices against Chinese oppression in Tibet, Xinjiang or their malevolent activities in Dokhlam ...and instead talk about tangoing with the dragon that is spending $ 50 billion building roads, rail, dams, power plants in Pakistan occupied Kashmir.....
39.3. jajo| Link| Bookmark|
March 10, 2018 2:37:07 PM
Top Contributor (300+ Posts, 200+ Likes)
President Trump is fulfilling each and every election promises he had given to American people. Can we say our leaders are fulfilling any of the promises given to Indian People? That is the difference between Promises and Jhumlas.
Lol! ..The whole logic is that America has Hollywood so they must have Bolly, Kolly etc Woods....America has superflop ObamaCare so they must start some unviable, unproductive, unsustainable, populist XYZcare....!
38. Aniketiaf| Link| Bookmark|
March 10, 2018 6:23:05 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Gmp of Bharat Dynamics is 24-26. Gmp of Bandhan bank is 20-22.
Dear solution of queries, Aniketiaf, uchit Patel, Gamble sir & other experts, Please arrange all 4 upcoming IPO in priority order so that We can select and apply as most of us will face lack of fund for all IPO at a time. Thanks in advance.
@ AAM AADMI @ It’s been long time , I have not seen any msg like “apply with full force” ;-)
^^^ Everyone these days applies with full force...there is no longer a need for such motivations as the GMP serves the purpose ...
I''m sure the people, especially the retail investors must be warming up for D''Day ...taking vitamin tablets, whey protein etc to enhance their force on the day of application ...