The specialty chemical space has performed very well in the last year and their is a tremendous scope for construction industry in the coming years which would be good for this company. What are your views on this IPO; UHUU, SecTheta and DownriteVJ?
25.1. DownriteVJ| Link| Bookmark|
February 27, 2018 12:44:45 PM
IPO Guru (1400+ Posts, 1200+ Likes)
Listing day gain - Apply Long Term - Apply
I don''t think this is good for short to medium term investors.
24. DownriteVJ| Link| Bookmark|
February 26, 2018 5:50:47 PM
IPO Guru (1400+ Posts, 1200+ Likes)
Yes of course! But people here don''t seem to get allotment in 700 Cr IPOs and this is just a 7.7 Cr issue ...So one has to be out of the world lucky ..
24.2. DownriteVJ| Link| Bookmark|
February 27, 2018 12:41:04 PM
IPO Guru (1400+ Posts, 1200+ Likes)
Agreed. Luck is a big factor after having 1+ lakh in hand. :P
Topline is stagnant from last 3 fiscal, whereas bottom line shows good growth. Don''t u guy''s think books are cooked. Cooking books & jusify valuation, will not work now.......those days are gone.... now nobody will apply blindly....in recent past many SME''S have floated through, using this trick but it won''t work now given market condition.
Thats one big joke of a P/L profile ..Non existent margins jumping from zilch to almost two digits ...What are they selling? Opium? or just raw weed? I have a suspicion that they might have to make losses in the quarters after the IPO to put the money back in the kitty.. (from where it came)