Earthstahl & Alloys Limited IPO Message Board (Page 2)

@Medha,
All e Tech delivered very good results. No need to worry about temporary slide and suggest to hold for minimum 3 months for next results (my opinion it will be even better results). It will reach atleast 150 by then.

Thanks

@medha. As told by maravi sir also..stay invested in it..don't book loss .company results are good..wait for few months.. definitely it will give good returns.. patience is more important here.So donot worry and i am holding 8 lots of all etech.i will hold for long term..don't worry about short term fluctuations

Dear ipo aspire,Can all e tech also perform like varanium cloud in next one year.

@medha ji agar ipo aspire ji ko pata hota to wo sb bech ke alletec m Paisa nhi laga dete .Just go with Fundamental agar fundamental strong h to market rerate kr hi dega stock ko
See examples of itc in main board .jb log Zomato, nykaa par kuch bhi Target de rhe the aur itc par meme bante the...par aaj dekhiye kaha h dono.isliye agar fundamental strong stock h aur aapko conviction h to roj k utar chadav ko track nhi krna chahiye.
In the long run it is only fundamental which rules...

Have patience brother...chaman k liye bhi log aisa hi bolte the...aaj dekh lo sab bechne k liye ready hai

Chaman's portfolio is not diversified if compared to earthstahl.
Earth has many different products!
Also market cap is very low as compared to chaman.

True.earth portfolio is diversified and it has the advantage of infrastructure boom.Expecting earth to be increase in coming months.

It is not holding uc....whats the short term target for it?

It is good that it is trading instead of uc and lc .my short term Target is 100 by March end.

Target cant be predicted because this company has huge potential of becoming a multibagger stock.1 big order and this company will touch the sky.
I will think of selling after 1 year so that i can save on taxes.

Bought 2 lots today..
Total holding 5 lots.

@ipoaspire
Good companion of MRavi Sir. All the best 👍

Sir, I am not the companion to @mravichandran sir ,he is one of d great man and respected person of this forum...most of the stock he purchased like Earth really performed well...and i hope the same with this and i hope Ravi sir will not sell those untill 120 to 150 levels as the sector of the company is good.

@Ipoaspire
Of course, none of us stand anyway near Ravi Sir. It was just on a lighter note. Though I must say 5 lots is also a good quantity for small investors like us. 👍🙏

@mravichandran sir..what's ur Target for earth and time frame .how long ur going to stay invested in this.please share ur opinion.

Thank you all. I have no specific target, however, not going to sell 'Earth' and 'Chaman' any time soon.

Thanks

MRavi Sir,
Are you going to accumulate Chaman more if it goes down further?

Indeed

Whats your take ..Will lc open today?

Bought 10 lots more today (will buy daily if LC continues 😉)

Thanks

@mravichandran sirji lagta hai apke jaisa investor chaman ko nhi mil rha😉

@POLARSTAR
After 10 Market days.

👍Thank you @ipo share , 4 more sessions to go....

2 more sessions to go now

tmr change ckt?

Is it negative for Earthsthal ?? How to decode this .....🙏QIBs exiting

@POLARSTAR
It seems change of hands by big players. You can from bulk deals that some players have exited and new ones have entered. Don't understand why Stock Vertex booked loss.
I feel assured because @MRavi Sir bought 20 lots (60000 shares) yesterday. Valuations are also comfortable (around 11 PE). It is cheaper as compared to Chaman. Some players may be booking profit to apply in upcoming IPOs.
As MRavi Sir has already opined we may hold it without much worries. I have full faith in my guides.

T+1 not applicable to these traders ??????

Chaman Because of two reasons
1. no qib
2. 180 crore loan means he is expanding.

I prefer chaman over earth that doesn't mean earth is bad. Both are good stocks in long run.

apart from its expansion plan.sector wise which is.good..for.a.term.of.6 months for.good rewards..even though chaman is expanding the supply side constraints will effect it for few months to years but the loan emi payment will not stop,and i feel this may create a pressure on the company.i also observed that chaman has listed peers such as Bihar sponge and loyld metals both are trading at very very low..and moreover earth has no listed peers..so please review and tell ur opinion once again.

😂 you wanted me to say Earth stahl. What i see is not just industry/business in which they operate. I prefer their future plans over low p/e or market trends or industry. right now rubber stocks moved up , earlier logistics where doing well. These are all temporary, if there is good mangement & future plans it can make the stock can keep going up.
It is upto you my view doesn't change unless results are bad or governance issue.

My gut feeling goes in favour of Earthsthal in short term. It is available at 11 PE as compared to 25 of Chaman. So still some room for appreciation and more importantly, its size is just half of Chaman, therefore lighter candidate for quick movement. However, for long term, Chaman seems to be better in view of better financials. 👍

As already posted, bought 1 lot of Earthsthal at LC today.

Dear all,
I have invested in both Chaman and Earth (due to Hem issues). I would agree with @Arca, if i have to select one, Chaman is better compare to Earth in long term. In short term, Earth will go up for sure due to small size. Those who have Chaman, just forget it for some time. In one year time frame, it will be double for sure, in my opinion.

I have vested interest in both, so my views are unintentionally biased.

Thanks

@ipo share
PE of Chaman and Earthstahl are 14.4 and 10.5 respectively as of now, not much difference between them.

Thank you all for your guidance.as per member s views both are good.but I was convinced to buy earth , because
1)The issue size is small
2)No listed peers are there , it has more advantages than chaman
3) many members are saying ,sbi sanction loan to chaman as positive.but i feel it will be burden to company to pay emi for few months to years..may be it's expansion plan has effect after a year or 2.so i feel earth is positive.
4)listed peers of chaman is trading at very very low.and that makes investing in eartha is prudent
5)with the importance of infrastructure growing in every budget earth will be more positive than chaman.
This is my view..and i have taken 3 lots of earth today after meticulously observing these..
Rest is ur decision.

Seems like u were never looking for a new view, u just wanted to advertise urs....
In a discussion, if the 1st question and last answer is of same person then the person asking the 1st question was never interested in discussion.....

Hahaha...no sir..i want to know the views of experts so asked..After their views only i analysed the things deep...it's a healthy forum if there views are helpful to me,it is helpful to everyone..It's my opinion and not my mind 9f advertising..i am positive on earth so took 3 lots today irrespective of not bothering another LC possible.take ur one.decision.

Please read PE for Chaman as 15 (typo error 25). PE is on the basis of TTM EPS.

Well, everyone expected that Earth will continue with UC to touch around 90.
It looks like vast majority who bought Earthstahl are short termers, hence not moving up easily, reason is last 2 days combined volume is 18 lakhs which is more than half of IPO issue.

Dear ipo aspire sir, are results of all e tech out today.

All e results are out & it is good. 15% revenue growth and 44% profit growth in comparison with previous quarter.

@NMJ , agree, everyone was expecting, bullish, that's why stock performed opposite. Now ,it Seems like difficult to cross 70....

Dear ipo aspire sir, even when the results are splendid and as expected why market is not giving all e tech it's value

@NMJ
EPS of Earthsthal is 6. So, to catch up with Chaman PE, it has to rise by Rs.24, which is quite significant in case of SME.

Dear all,
Added 13 more lots today. QIB selling looked purposeful and will be over soon. Hope it will turn around tomorrow or Friday due to its strong fundamentals. (Same happened also to RBM and Drone)

Thanks

@ipoaspire.Very soon in this message chain only we will discuss about the real dark horse!

👍 sir, @MRavi sir and @GuruMahadev , today's volume was low

Volume trade-33000. also not a single comment on Chaman at chat window.

@MRavichandra
Thank you very much Sir for your kind guidance and support 🙏

@GuruMahadev , I mean compare to 13th n 14th , today's volume was low

Who is it?

@Arca and @Denim,
Bought 20 lots today

@Denim,
hope the big player buys more. 😉

Thanks

Who is big one ??🤔 selling is getting absorbed

I bought 1 lot at LC 63.45

@MRavi
Great Sir 👍
Your buying has ended LC.

@MRavi sir 🙏🙏🙏👍