Engineers India Ltd FPO Message Board (Page 49)

45. neeraj

It is trading at most extremely high trading range.

Hold with stop of 458 and enjoy the free-raid. If stops-out, then re-enter below Rs.400.

45. K.K.Natarajan

OK. I understoood. These people burnt their fingers in recent IPOs and became mad. Hence, they are throwing challenges instead of collecting proper information to take their own views.

@Ravi, Bangalore,
I requested you to ignore such comments, but somehow I too was dragged into reacting for such posts. I have learned my lessons and hereafter I will ignore them. I request you again to do the same.

4. K.K.Natarajan

This man (40. CHEMCHO) have lost his sense completely. Natarajan, you should take pity on him and put him into a psychiatric facility. The man needs serious help. His posts are uncharitable and cheap.

@40, NARAYAN,
What a discovery! Keep it up. Your discovery notwithstanding, EIL is a very good issue and the chances of it giving decent profit is good.

Dear Ravi Banglore,
I must appreciate your valuable input. You may find a good publisher/news paper and reach to a still bigger platform.

This goverment can make you bankruptted by looting hard earned money of ordinary investors through IPO's by showing them a false image of Shining India, rising India. One day you will find all IPO's are cheaper than any vegetable, milk, oil, foodgrains and petrol, diesel etc. Yes, this goverment knows how to creat billioners only at the cost of the bread of an ordinary indian starving from hunger and the cost of milk of malnutrished child. To creat over 50 business billionaries, the goverment is ready to kill a billion of ordinary Indians.
Keep one thing in mind t.e. patience, patience & patience look at the market trend, make your stratagy, accumulate your stock gradually little by little at lower rates. Never expect to be millioner in a short period, otherwise you may loose your bread like many indians are loosing. A country that never saw a billioner on Forbes, suddenly find over 50 billioneries in less than ten years. Who brough this billioner producing tree to India.?

38. subhasish

Some investors tend to believe they can never excel at investing because stock market success is reserved for sophisticated investors. This perception has no truth at all. While any commission-based mutual fund salesmen will probably tell you otherwise, most professional money managers don't make the grade either - the vast majority underperform the broad market. With a little time devoted to learning and research, investors can become well equipped to control their own portfolio and investing decisions - and be profitable. Remember, much of investing is sticking to common sense and rationality.

Besides having the potential to become sufficiently skillful, individual investors do not face the liquidity challenges and overhead costs large institutional investors do. Any small investor with a sound investment strategy has just as good a chance of beating the market, if not better, than the so-called investment gurus.

Never underestimate your abilities or your own potential. That is, don't assume you are unable to successfully participate in the financial markets simply because you have a day job.

Expensive mistake I made was not having a predefined exit point. Early in my investment career (2005), I remember trading a stock Ansal Housing I thought had a high percentage chance of rising. I was too confident. I fully leveraged the position. Unfortunately, when things did not go as planned, I did not know when to exit, and was paralysed. I kept rationalizing why I should hold onto that stock. As the stock continued to fall, I made more and more excuses. At the very end, I remember thinking, "I can't take it anymore!"

I sold out at 130. That, of course, was the point the stock turned.

I learned two very valuable lessons that day. First, always have your exit points predefined. Second, big losses once started out as small losses, and it is much easier to take a small loss than a big one.
Most importantly, don’t be afraid to make mistakes. I don’t regret my decisions. I learned a ton and I lost around Rs.1 lac in potential return. In the big picture, that’s nothing and the knowledge I learned from purchasing stock, experiencing the ups and downs, and realizing my mistakes is much more valuable than Rs.1 lac.

What money lessons do you wish you would’ve learned when you were younger?

Thanx Ravi. But as i am neither a share borker nor hold much knowldge abt shr mkt, its tough for me to get into all this. i understand i made a blunder at not selleing at 2000, but intend to keep it. should i do or not?if poss pls gv ur mail id. it will help me in getting the knowldge atleast. tanx once again. U R DOING A GOOD JOB IN THIS FORUM. I ACTUALLY APPLY THOSE IPO, TAHT U REFER.

26. Subhasish

TechM 771- Trading at TTM of 12.88x.

Facing Resistance at 782, 836 and 918. Hold with a stop at 670.

Check-out brokerage reports in moneycontrol.com & in financial dailies like Economic Times, Business Line, Business Standard etc.

If you don't get reports, analyse yourself. You will get financials in moneycontrol.com. Check my previous messages about how to analyse IPOs & do it yourself.

Brokers say if company is showing a growth of 15% then, it deserves a P/E of 15x. However, you need a cushion / margin of safety. Hence, consider buying at lower P/E than its profit growth. This is a raw-analysis. If you read brokerage reports, then you will understand well how to analyse.

35. Ravi, Bangalore

got 16 techmahindra at IPO. did not sell at 2000. now @750/- wht do i do?

18. mary

Don't buy in secondary market unless it drops to Rs.300. In case it drops to Rs.300 or below, buy in three instalments in Rs.300, Rs.280 & Rs.260.

It is trading at 12 months TTM of 27x. Hence, it is risky buy. There is no 'margin of safety'.

It generated 30% growth in FY10 turnover and 25% growth in net profit.

There has already been considerable restructuring of equity- a 2:1 bonus was handed-out in May and also the face value was split to Rs.5 from Rs.10. This measns that there six shares- (2 + 1) x 1 x 2 in existence for every earlier one. To cap it, it offered a special dividend of Rs.100, in addition to a normal dividend of Rs.6. Its dividend yield is 1.76%.

17. CHEMCHO

Do you understand English? Which message you are referring? I think your level of understanding is very poor.

Which message you are referring? Even for Aster, I did not give any comments. However, you said you posted a message saying "AVOID".

I have not posted anything about discount.

Learn to refer the Post numbers properly.

MR RAJA

I THINK ONLY UR NAME IS RAJA......
U R LIVING IN PAST....
THAT EPS WAS BEFORE SPLIT AND BONUS.....
U CHECK OUT THE NEW EPS ON FV = 5 FROM THE DRHP OF THE CO, BEFORE CHALLENGING ME OK ...? SWEAT DREAM

mr gem30
year end march 10 eil have eps more then 36 and bookvalue about 100,np margin 20% a great psu don't campare with nmdc %

SREDHAR

EIL IN FY'10 DID AN EPS OF RS.13.5, BV = RS 37.

SO AT 30 PE THE STOCK WOULD TRADE 400 AND P/BOOK AT 10 TIMES, CMP @ 350, WHERE IS THE RESONABLE MARGINE OF SAFETY?

THE RETAILERS MAY GET THE SHARES AT RS.310 (+ - 10) AFTER DISCT.IF THE SOCK CAN HOLD 330 THEN THERE IS LITTLE PROFIT THAT IS MOSTLY BE THE DISCT. AND MAY GO SIMILAR TO NMDC AND SJVNL

For the benefit of those who are interested, this is from the MARKET STRATEGY page of this Sunday's BUSINESS LINE.
Q: What are the prospects of Engineers India?
A: Engineers India was one of the stellar performers of 2009 and retained its place as one of investor's favourites this year too and it more than doubled in value this year when it recorded the peak of 538.
The May correction has dragged the stock to the key support band between Rs. 300 ans Rs. 330.
If the stock holds above this level over the next couple of months, it will denote strength and the proclivity to move on to a new high over the long term.
A period of consolidation between Rs. 300 and Rs. 550 is also possible for a few months as the stock garners strength before breaking out to a new high. Investors can hold the stock as long as it trades above Rs. 300. Subsequent supports are at Rs. 280 and Rs. 225.

MICRO FINANCE VIDESI STYLE KE LUTERE HAIN

govt should give 10 percent if they realy think that small investor are benifited n second small investor wipe off their loss made in earlier govt issue.if they are not doing so small investor will run awaya

For ravi-Bangalore,

got 16 techmahindra at IPO. did not sell at 2000. now @750/- wht do i do?