BS Transcomm Ltd IPO Message Board (Page 16)

GEM,
Your figures are right.I use the same calculation as you but I used wrong calculation for number of shares.I have checked the equity base just now.
EPS is 11 & 6.35 resp.

SREEDHAR

DO YOU USE AS- 20 , FOR CALCULATING EPS ?????????????

WHERE DILUTED EPS IS ADJUSTED FOR TIMING FACTOR.....

HOW ON POST IPO EPS FOR FY'10 IS 12.6 AND Q1 9 ??????????????


I HAVE NOT USED TIMING FACTOR FOR EPS, AND FOLLOWING IS MY FIGS.

FY'10 SALES = 540 CRORES, PAT = 23.71 CRORES, POST IPO NO OF SHARES = 2.19 CRORES, EPS = 11

Q1 FY'10 SALES = 174 CR, PAT = 13.36 CR, EPS = 6, NW = 296 CR, BV = 135.


CAN U DETAIL UR EPS CALCULATIONS ?????????

SahranpuriJI,
Preequity it was 17 which will be 12.6 post equity for FY10.For Q1 EPS is 9 and as I have said it may improve further.Sujana's EPS was 1.45 for Q1 & its price is 102.So definitely it is coming at a cheaper valuation then Sujana.

SahranpuriJi,
In today's business standard Co was expecting 700 Cr For FY11 income vs 500 for FY10.Its EBITDA margins are expected to be 17.5-18 % compared to single digit figures.So Already Q1 have proved that they are right.Q1 EBITDA WAS 13% which they are going to improve further.

Hi Sreedhar,

I have a lot of respect for the person like you. I have made a lot of money in Grey market, I am following ur posts since Technofab.

You are such a wonderful analyst of IPO...

Will like to add you in my friend's list..Here is my id ashish06feb at the rate gmail dot com
Please drop a test mail

You can always contact me for latest GMP updates.

Here is latest premium in Jaipur
Coal India
Kostak 4000
Share 16-17

Eros:-
42-43
Electro:-
1.5-1.6
Ramky:-
No trade
Carrer point:-
152-155
Microsec
17-18
Ashoka:
20-21
Tecpro:-
53-55
Commercial builders
Share:- 5-6
Kostak(no buyer)
Bedmutha
share :- 18-19

Dear IPO Finder ,
I want to invest full application money in one IPO / various IPO .
Please guide me .
MONEY

SAHARANPURIJI.

114. Gem ipo finder Sep 30, 2010 10:38:04 AM IST Report Spam
BS TRANSCOMM IPO FIRST LOOK :-

PRICE BAND EXPECTED NEAR 250/SH.


FINANCIALS:-

FY'10 SALES = 540 CRORES, PAT = 23.71 CRORES, POST IPO NO OF SHARES = 2.19 CRORES, EPS = 11

Q1 FY'10 SALES = 174 CR, PAT = 13.36 CR, EPS = 6, NW = 296 CR, BV = 135.

PEER SUJANA POWER, KEC INTL, JYOTI STRUCTRE TRADES AT 20-25 PE

ASKING PE BASED ON FY'10 NOS IS 25, BUT IF Q1FY'10 EPS IS ANNULISED ASKING PE IS 10 TIMES BUT WE DEFINETLY CANT ANNULISE THE Q1 EPS .

CAN BE CONSIDER, WAIT FOR FURTHER INFO.

Thanks Gem

Ipos are all becoming specially expensive. greedy promoters n the merchant bankers all bahti ganga me haath dhona chahte hain.
time has come to become extremely choosy n stay away from the fad of rotating the money for 10-15 days in all ipos.

just see the fate of indo solar n tirupati inks but both fundamentally very poor cos.Oriental green also falls into this category alongwith sea tv,bedumutha but still getting oversubscribed.

dangerous sign.

SAHARANPURIJI

CEBBCO IS MORE OR LESS AUTO ANCILLIARY CO........

BUT THE CO DOES NOT THINK SO........

33 PE FOR LAST YR EARNINGS IS NOT CHEAP.........

MY HEART AND PRINCIPLES DO NOT PERMIT IN THIS CO TO INVEST.........


__________________________________

ON THE OTHER HAND BS TRANSCOMM MAY BE DIFFICULT TO UNDERSTAND TYPE CO.
ITS IN THE BUSINESS OF TOWER MANUFACTURING FOR TELECOM AND POWER TRANSMISSION.
CLIENTS SIMILAR TO SUJANA TOWER, JYOTI STRUCTURE, KEC INTERNATIONAL,

SUJANA TOWER IS ITS CLOSEST PEER AND THIS CO USED TO TRADE VERY VERY CHEAP 15 DAYS BACK BUT NOW TRADING AT 25+ PE.

BS IS ALSO ASKING 25+PE BASED ON FY'10 NOS, BUT ITS Q1FY11 EPS IS 6, IF THE CO COULD ANNULISE ITS FIRST QTR PERFORMANCE ITS A GOOD IPO FOR 20% GAIN

WAITING FOR FURTHER CLARITY ON THIS CO IN MEDIA.

what is the eps for march 10 n expected one for march 11 n 12

what is the business n growth prospects

Buy Bihar Sponge Iron (Modi Group)- A multibagger. Company has reported 300% jump in profits in last quarter. There are 3 companies producing sponge iron. Tata Sponge Iron, Monnet Ispat and Bihar Sponge Iron. Out of these 3, bihar sponge iron has the cheapest valuations and is a stock that has not been recognized yet. It has recent acquired 2-3 iron ore mines and a tremendous surge in iron ore production will lead to a clear-cut monopoly in the days to come and this is the same that has been reflected in last quarter results.

CMP: 14

Short-Term Target: 42

Hard to understand business module at first look. I thought they are in tower business and saw they will provide infrastructer to Indus/Reliance infratel/Bharti infratel/Quippo who are much more bigger players. Powergrid and alikes are much better in power transmission. Awaiting reports and will be reading dhrp. On 1st look company looks average cos they are raising 200 crores and can't even spend 2000 for website.

YAM BARODA,
Very nice to hear from you after so long.Where were you all these days?
Hope to see regular posts from you

SahranpuriJi,
Do not have that info but Telecom passive Infra space has lot of potential & hence there is no doubt about the business prospects.
Some Anonymous has posted the price band of 250 for Oberoi.I am not sure about that but if it so it will be a steal.

sj goldman sqchs views on microfinance sector in india. REMAIN INVESTED HUGELY BULLISH .HAVENT SOLD ANY SKS MICRO SHARE TILL NOW
Micro-finance Sector – substantial growth in the
offing
Substantial growth is in the offing for the micro-finance sector: this was the unequivocal
conclusion from our meetings with FINO and Bangalore-based Janalakshmi Micro-finance.
While investor optimism emanating from the huge success of the maiden India listing of
SKS Micro-finance, concerns/queries centered around issues of over-leverage of individual
borrowers, any potential improvement in standard of living of customers over time and
ability to maintain quality given the substantial growth being targeted. FINO is offering
technology solutions providing a tool for banks/MFIs to track asset quality/customer history
by way of profiling all finger prints of borrowers through smart cards. Janalakshmi
indicated that it expects high growth with a target to be amongst the Top 3 micro-finance
companies in India. It is looking to differentiate itself by selling a bundle of products to
address the varied needs of the urban borrower (pension, insurance and housing loans).

thanks sreedhar for good info.
since its ahyderabad based co how are rthe promoters,their reputation,who are the auditors how is their repuation? are the auditors associated with any of the notorious hyderbad based co like TANLA, MIC,PRITHVI INFO,BARTRONICS,ICSA,XL TELECOM ETC

But I have reposed faith in anotehr hyderabad based company i.e Ramky thru IPO n another Pennar ind thru secondary.Any updates on these cos?

Thanks Sreedhar and Sahranpuri for your advice on my future, definitely I will get some job but have to wait for right time.

SahranpurJi,
I think JM Financial is not bad .It managed Careerpoint,Standard chartered,SJVNL,REC,Adani power,Pipavav,JSW,Oil India,ILFS,Jaypee Infra

Srini
ups n down are always part of life . u will definitely get a job.today prospects for new job are very bright.just hv self confidence,keep on sharpening your skills n always keep on improving your soft skills specially communication.

All the best.

Dear Sreedhar,

From next time I will seriously follow you, all these day I am subscribing based on subscription at 2:50PM, thatswhy I am missing something. I remember your ARSS non-allotment at that time, very sad thing, I have applied 1 full and got 15 shares and got max. profit in my life of all IPO's around 4200Rs.