Goenka Diamond & Jewels Ltd IPO Message Board (Page 28)

47, gupta, name me kya problem hai tuje,vese gupta bhi KUTTA HI HOTA HAI.

Third claas...
Name and IPO both

Third claas...
Name and IPO both

We should analyse the 2 Jewellery issues after comparing with Gitanjali Gems. Gitanjali, a well established Jewellery company with Large number of Well established Brands is quoting at around PE of 6-7 and Price/Book Value of around 0.6, the valuations of these Jewellery com-anies under IPO look weak.
Does any one has any clue why Gitanjali is quoting so low??? Yes, there was slump in world Diamond Market and sales were down due to Poor sales in USA. But now demand is picking up and sales are going up and as per CH Gitanjali, demand is likely to outstrip production.
Under these conditions why Gitanjali is quoting so LOW???

Sorry for that Natarajan,I will henceforth see to it that the post will be relevant to the topic ie Persistent post will be for persistent.OK.

CHITTRGARH wale sir ji yaha RHP link kare hame uska FINANCIAL HIGH LIGHT lern karna hai.

it seems like a good bet because by the close of this ipo we will have money refunded from DQ.

the co has grown from the yr. 2006 to 2009 with a scorching pace of 100% each yr both in terms of sales and pat, financial after march '09 has not been provided for

their sales for fy'09 stands at rs. 451.29 crores , pat = 24.52 crores, net worth post ipo = 245 crores , eps for march '09 = rs.8

considering a moderate growth of 70% for fy'10 and fy'11 eps for fy'10 comes to rs.14 and for fy '11 comes to rs.22,
bv for fy'10 = rs. 76

so at rs. 145 the stock is trading at a pe of 10 for fy'10 and 7 times fy'11, which is ok with its peers

so at 8 times pe fy'11 the stock should trade at 165-175
so target for me is rs. 165-175, but i have to look at the financials and compare my future pridiction with other brokers if that is similar i will go for this ipo

who is this gentleman again writing in my name dont do this ok warna bhosdiw...

gem ipo finder Mar 19, 2010 9:15:41 PM IST
Persistent Systems Limited
It's my challange that listing of presistent i.p.o.will be in discount.see my predicton.i am greate.you have to believe me always.

gem ipo finder Mar 19, 2010 9:58:50 PM IST
Persistent Systems Limited
I think PSL will list around 350-375........

It is a pity that people who command respect from other boarders such as Sreedhar are also doing this, that is commenting out of place!

I don't understand why people discuss about Persistent systems here under Goenka diamond.

@ 20 Goodbrother,

Welcome Goodbrother, will look forward for your valuable inputs on current/ upcoming IPOs.

20

ARE YOU THE SAME OLD GOODBROTHER WHO WAS A MOST SAGE BOARDER ON MONEYCONTROL WEBSITE SOMETIME BACK.WELCOME BACK .YOURS COMMENTS WERE MOST INCISIVE N HELPFUL

its just wasted of time to invest in these ipo,this is only blocking of money for 20 days.

sreedhar

your ipo calculation is absolutely fantastic.thanx gain.

i am going ahead with all my applications.

amongst based on anchor investors response n size n credit suisse continued stake of 6 percent in the company shri ganesh jewellery ipo seems a good bet for momentum play rather then delivery call. in infrasoft chances of allotment is very less.

Persistent GMP is 160-165 & it will increase to 180 tomorrow.So if conditions remain same.It will list at 480 & move to 500 easily.

Dear BJ,Unsubscribed portion of Employee will not be completely added to retail quota.It will be evenly distributed.Other boarders are requested not to guess & give their wild calculations.I have given the exact calculations in the earlier post which will match with final basis of allotment.This I have calculated from my vast experience of IPOs.Those new to calculations may study it once.

Hi friends, gem n jewellery sector is my least fancy for stocks so i'm going to avoid shree ganesh & also Goenka.

Category             No.of shares offered / reserved             No. of shares bid for             No. of times of total meant for the category       
QIB             2926638             422687360             144.4276       
                                          
HNI             487773             52549140             107.7328       
                                          
Retail (RII)             1463319             31737820             21.6889       
                                          
Employees             541976             330380             0.6096       
                                          
Overall       
      
      
      
      
      93.60        times

My analysis is final & perfect.I am fully confident about that.Employee portion unsubscribed will be distributed equally & not given entirely to retail.

i have applied for 2 application full of 320 shares
what r my chance?