Jindal Cotex Limited IPO Message Board (Page 5)

Hi Friends
1 ya 2 lots daalo isme.
Be safe.

Hi Patel,

You mean to say that one should see the plant site and it looks fantastic then we should buy. Why do we need to visit the plan site?

Do you say that there is no need for any financials.

If that is the case then if you visit Reliance Plants they look great. Will you buy Reliance at 5000 if they come out with an IPO? Why not 10,000 Rs because they have great production capacity?

My dear freind....Please come out with the facts...

I agree that Jindal Cotex plant might be good and fine but when its peers are available at avg 9 PE, why will one subscribe around 24 PE for Jindal and what are the returns expected?

I believe Jindal will barely subscribe today and even if it does, on listing day it will definitely go down below its IPO price as it is very highly priced.

Please remember me. One can see Jindal Cotex at 50 levels and below after listing....May be around 25 Levels one can try to enter and buy this scrip.

Raj Oil was also priced heavily and it did go to 130 levels but where did it go after in this bullish market...85 levels...Same will be with Jindal which is much much highly priced.

Thanks,
IPO Analyst

IF YOU WANT TO SPECULATE, THEN APPLY FOR JINDAL COTEX IPO.

Dear friends,
Don't worry in this IPO and go for it but with a small amount not huge amount.Do not put all eggs in only one basket and in this way do not take more risk. You will earn money more than interest rate of bank.sure sure and sure

Nothing going to happen to JC Ms. Rani. Somehow I got caught up on this board on Analysts issues. I felt the Analysts were not fair towards JC IPO. They didn'nt even cared to go into depth of the issue and were just came outright advising negative about it. If this is the case, it is not future for India. Our country has came a long way, do not submit to these bunch of analysts, who dont even care to visit the plant and see things by their own, and just happen to sit in an AC room and trying to justify something of which they are not even aware of. As I said in earlier postings, I am not here to recommend anything, I would be happy if you guys do your home work and decide which is good company to invest, dont become prey of these analyst. I would just make a point, only one person here, who was not at all convinced with this IPO of JC, has decided to visit the site, and then he reported, I am talking of Mr. Arun Kejriwal, who took his time to visit the site and then he reported. My question is how many genuine analysts are there out, who really care to visit and see facilities and then comment? There are plenty like Mr. Tulsian who just sits and looks at figures and give their opinions.

In present situations, I do not think any IPO going to loose or gain with ups and downs in recent times. IPOs always based on strong fundamentals, and so is JC will survive despite all odds.

Hi All,

Now, when Market corrects for 250 points, Adani is on Oxygen. When market corrects for 400-7000 points then Adani will be in ICU.
When, markets corrects further, think where Adani will live or Die????
Same thing will happen to Jindel Cotex, Globus Spirits and Oil India Corporation.

Jago Retailers Jago!!

Well said Mr. Natrajan, can you please explain where the bottoms and tops ends? Market does not act on your wishes or anybody else, if so, could you please explain me as to how come Bear Stearns (80+ years in business) Lehman Bros (45+ years in Business) and let me clarify one more thing, if you want to have job in these firms, you got to be a GENIUS ( in other sense a GEEK). Everybody in these firms were geeks Mr. Natrajan, can you please explain me why they fail? and that is two in span of 6 months time? Are you telling tell me that market works on an individuals's desire? expectations? Pleas explain me and please recommend me some stocks with bottoms and higher ends, I will definitely buy them.

Thank you Mr. Natrajan, it seems like you an expert, could please explain me Bear Stearns (in business since 80+ years) Lehman Brothers (in business since 45+ years), it did not take less than 6 months for these two firms to getr vanished from map of business itself. May be you have some tips. When I am referring to these firms, these firms have GENIUSES ("GEEKS") working for them, they could not survive, may be you are a super natural human being, and you have that sense. May be you might have millions in recent stock market collapse (BSE collaplsed from 18,000 to 8,000). I will greatly appreciate your tips. It seems you are far more even better than Goldman Sacks to advise.

Well said about secondary market Mr. Patel. How many retail investors have burnt their fingers without knowing where the bottoms and the tops lie! If it is easy to know the bottoms and tops, everybody in the market would be a millionaire. Retail investors either sell at the bottom driven by fear of losing more or don't book profit at the top driven by greed of getting more and more profit. One has to overcome these fear and greed factors for one to become at least half successful in secondary market.

Thanks Mr. Noteworthy, your point taken. I'll get back to you on this, but let me draw your attention to an article, Mr. Kejriwal just came out today morning with his article on JC IPO. I guess, he made my point. Looking to all IPOs coming, let me say, this is a very small in size, plus project is estimated to go in operation by March 2010, which is merely six months from now. Has anyone compared facts of JC with anyother IPO? Which IPO indicates such a short time for implementing operations? Generally, the moratorium for large projects starts in an around 3 yrs of time on an average, and above 3 yrs. Meaning, there is no return on your investments till plant goes fully in operation, and then probably first couple of years of operations, you cannot expect that much returnn in form of dividend.

I am not recommending any IPO or stocks, my point is, if you rely on analysts of today, they all somehow linked to some interests of their own, their advise may not be fair. Thank God, we did'nt had these much financial specialists at the time when Dhirubhai brought his issue. Now again, I am not saying anything, roll back to that time, do your research, and find out for yourselves, the circumstances and environment under which Reliance IPO came. I can say for sure, if these analysts exists the then, they would have outrightedly rejected Reliance IPO.

Coming to your point of buying and selling, I am not sure how much you involved with stocks, believe me, everything looks good on paper, like taking 20%, 30% or more profits, it is easy to say to buy at lower end and sell at higher end, but then how would you know which is lower end and higher end, it looks fine on paper to buy at lower and sell at higher. Practically speaking, this is not working for an ordinary person, who is engaged in his business or full time employment, and does not have tools to be touch in with stock market all times, and the news which keeps in flowing, and to analyze and to make action. This only works for those who are right there on stock market from opening bell till close. Only those who are involved from head to toe, can make those judgements, not an averge person. And that is why it does not work for an average person.

Wish you good luck investing.

Looking at various brokerage house reports promoters should have issued < 60 (or even <30 to leave any value for IPO investors).

If Friends' Circle / Operators garner shares & jack-up prices, it may see good gain in short-term. In all probability, it looks expensive & worth avoided.

If promoters do not leave any value on table, no need of investing in IPOs. Instead, investors do well to invest in secondary market without hassles of IPO investment.

I think Mr Tulsian doest understand that when you dont know what is there in the industry and what is there in the compnay, you should keep your mouth shut or do some research. I would like to bring to your kind notice the efforts done by Mr. Arun Kejriwal a much more reliable and expert in this field of anaylsis. He took an effort to go to the company and after personally seeing it, recommended the stock. One this is sure, Mr. Tulsian is great guy when he speaks on money control on behlaf of interested parties like Akkruti Nirman Limited and others. I dont want to give his history as I am there in this like for past 21 years. I have cutting of his view on that stock. If aybody want i can submit it throuhg your website.
So one must not look everything with the same glass. If you have these kind of thoughts or you yourself indulge in this kind of practices then only you can comment.
Poor home work and thats why i recommend www.ak57.in.
Thanks

Mr 130. PRAVEEN PANCHOLI
IT IS NOT A JINDAL GROUP COMPANY. JINDAL IS A CASTE AND ANYBODY CAN USE SUCH SIMILAR NAMES TO MISLED PEOPLE

I guess Jindal Cotex Limited is not group of jindal group companies and its not wise to compare with those.. its all investor choice to invest or not.. there are many good scripts to invest in.

friends,
ye company cotton yarn manufacturing karta hai,
ye medical me use hota hai,
isi liye iska listing better ho sakta hai,
yaad rakhna........... MIND IT...

Dear Investors (Not traders),
You can definitely subscribe for this IPO. As you can see that All jindal group companies are doing well and investors are making good money from these companies, for example: Jindal Steel & power, JSW Steel etc.

All the best and Happy investing.

Hi All

Do suggest how is Jindal Coatex Ltd. is it good to apply, what will be the expected listing and for 1yr

Thanks & Regards

How old are you Mr. Patel.. your point taken, and everyone around are making points like you and i fully buy it, but can anyone point out at an individual who is like the one you describe and does that individual accept the same.. and so long as short term trading is considered, as long as you buy at a lower price and sell at higher - you got to play!! and everyone knows one's own risk appetite and if you dont respect it, you got to pay. shares in long term has come from 2 or 3 digits to couple of thousands with lots of dividends, bonus shares and all that.. but when you consider the swings - back and forth between tops and bottoms.. the summation of peaks is over few lakhs and bottoms' summation is few thousands.. so effectively if long term trader rides 20% of GOOD over the life, the short termer does 10% over a year, which is fantastic.. you being an long term watcher can understand this and can better the theory, got to respect the short termers for the courage and analysis and all that they put in!!

Looks like jindal cotex is good issue for speculation. We may make/loose good amount of money.

I visited several active message boards, and it seems like people posts are very young and new to market, lacks knowledge, generally, conclusions driven by recommendations of analysts, and people really believe them well. In rcent decade, I think SEBI has become more vigilant and all companies who raises capital through IPO are on their constant radar. I think investing communities are very well protects under current laws. I do not doubt genuinity of any company who raises capital through Indian stock market, it has gained a considerable respect in global community, and so is China has gained considerable respect globally.

Investing is total personal issue of an individual, I myself, do my home work and invest based on future returns on thsoe investments. Our previous generations was so prudent, and they always thought of long-term investments, and I know some, who have never sold their shares of the companies, which are gold mine now, they made their fortunes.

What excites me here that our new generation is getting involved in all businesses including stock market. Generation is young and is getting carried away by bunch of analysts and do not analyze stocks by themselves. Belive, me people who bought RIL shares on its debut, and who are still holding it, have made their fortunes, likewise, many other companies like Tatas, Hindustan Lever, Colgate Palmolive, etc.

I would suggest to be successful in money market, once has to be focused on long term and not short-term buying selling game, this will not lead anyone anywhere, on the contrary, ending up in loosing investments. Try to analyze the track records of such analysts who make recommendations, say for last 3 years. For the stocks, they recommended, have these companies reached break-even and turned to profits? dividends? Also look at stocks they recommended negative, have achieved break-evens? Profits? Dividends? In fact many companies who were rated negative on their debut, are just doing fine.

I think this simple analysis will give answers to your querries. Above all, in investing, focus on the objectives of the company, environmental conditions, future prospects of products and company, marketing, financial position, diversification, etc., and also promoters themselves plays a vital role, how dynamic they are and what their vision is.

India is set for great strides in coming decades businesswise, and investing now would give ample of fruits in years to come.