Omkar Speciality Chemicals Ltd IPO Message Board (Page 2)

@Handsome
I am observing/ reading the comments and message posted on this forum regularly since last 3 months. Sometime I also posted my message but it is not regular due to time constraint. I am very much impressed with you after reading your message on Omkar fiasco. In my opinion you are the best amongst all in this forum till now. Don’t underestimate yourself. No one is perfect in this world and life teaches something new daily to our self. Try to learn from life and situation.

Hence post your message regularly on this forum for the benefit of others. Sometimes there may be some misunderstand amongst others members of this forum. I have also faced same situation (with Sridhar) but successfully overcome. Healthy discussion will always benefit other members who are not so expert in the market.

If you don’t mind can you share your qualification, job, city etc. I only know that your name is Prakash but wish to know more about yourself. Regarding myself, I am a qualified ICWAI and working in a MNC at PUNE since last 15 years.

@ Handsome,

Please get his point correctly friend...

Child prodigy means "precious or exceptional child", he just said that you were a precious child to know about the market at such young age itself...
He is admired to see you in market at such young age...


I think on looking at the word child, you got tensed Right..?

Please read the next word "prodigy" and understand the full meaning man...

@Handsome,
Let me first clarify I have no issues with you.
I never mentioned your mentality is childish.
I was only appreciating you for entering into a stock market at an early age.
Please understand things properly.
As I feel you are trying to make an issue out of nothing, from now on I will stop reacting to your comments.

@ KK Natarajan

Hi KK

So as per ur message mine is childish mentality. y U, Durai and Sreedhar etc will laugh of ur age. I said Durai may be around 20y and ur age also at par with Durai. R u younger than Durari, if it is r u around 17. I don't how u r thinking about my age. I am 33y old.

All of u feel am posting wrong messages then now on wards I dont post any. I registered with chittorgarh around 3/4 years before but i never post any message. Just i posted a reply to Durai's message. May be am not upto standard with other fellow boarders in knowledge.

Now onwards I dont post any message bec i dont want 2 hurt any one

@Handsome,
I was trying to explain what Durai was saying and I also informed what could happen if there is mismanagement in Omkar. Thats all.
That apart it seems you are a child prodigy. Investing from 12th standard! Great! We were just studying and playing at that time. Nothing more.
I found one joke in your message. Thats about my age. Durai could be laughing and also Sreedhar if he reads it. Let me tell you something. I am younger than most of the boarders here....in market experience that is...!

@ KK Natarajan

(Durai did not say anything seriously in his message on Omkar. He also did not ask boarders to buy it for its value. All he was saying is asking those who still hold the shares not to panic as there is worth and targets much lower than the CMP are not possible. He is a kid and is learning and I tell you for his age he has already leaned a lot. He has potential and might one day become an expert.)

Hi KK

Here Durai, KK and Me all r correct n at the same time all r wrong in their postings/opinions. U people posting ur ideas/views/opinions and I am posting my views.

Ur message no: 665 mean u r not accepting Durai’s view of mess NO: 660. But again u posted a message for me.

I didn’t say in any of my messages that Durai recommended to buy Omkar. Durai posted his opinion/s n I posted my opinion/s n opinions are always varying from person 2 person. Best ex. Is y all the mutual fund houses are not picking the same stocks in their schemes.

I just posted my opinion on Durai’s Calculation of 75cr 79cr hot cash profit of 5cr, free business opportunity etc., only. He forget that how much debt the company is having n the capability of the Management etc., Even though Durai didn’t said to buy Omkar in his mess, its implied meaning is don’t sell n hold/buy.

For this I have given the examples of the different companies which collected money from IPO n now trading their market cap which is below the amount collected from IPO. So Omkar calculations not correct when compared with those earlier IPO’s.

Tulsian is experienced well known person n said 35 is the fair value. Some extent it is correct. Omkar’s annualized EPS is 5 and it demands 7 PE at Rs.35/-. Already some listed companies which are paying dividend, having higher sales figures than Omkar trading at below 7PE.

Durari completed graduation n it means he may be around 20 years. I started investing in IPO’s when I am in 12 standard. I learned EPS PE BOOK VALUE at that time. I applied SHYAM TELECOM, INDBANK MERCHANT BANKING, ESSAROIL, RELIANCE POLYPROPYLENE, RELIANCE POLYETHYLENE, BALAJI DISTILLIARIES, BALAJI HOTELS, NEPC MICON, MS SHOES, APPLE CREDIT CORPORATION ETC. Even u didn’t here some of these names if ur age also equal to Durai. I got allotment of HDFC BANK FOR Rs. 10/-. So many companies came for IPO’s some years ago not even trading today n disappeared from the maket. Some r trading for 1 / 2 rupees.

Durai may never become expert in his life time n may get good amount of knowledge of the markets. Best ex. Is well known person like Madhu Kela didn’t stopped falling of NAV’s of his funds when the market is falling. So what is the use of expertise. Rakesh junjunwala said in the CNBC he also lost money sometimes in the market.

We all are giving expert opinions how many of the boarders now the following before picking a stock

Dow Theory
Elliot wave theory
Candlestick theory
Fundamental analysis
Technical analysis
CAPM (Capital Asset Pricing Model)
Beta
Alpha
Moving Averages
Etc etc etc etc.,

One thing is true that Durai, SJ, Sreedhar, Ravi Banglore, chem. Cho etc guys are having good amount of knowledge in the markets than me n I accept that.

All my messages r just my opinions and not the argument with others.

Expert Udayan Mukherjee says fair value for Omkar is Rs 60. Now it is trading at 42. So dear colleages if you find it is good strategy to average out for those who are stuck with the shares in IPO price. I think then it can give a opportunity to exist with some profit in next one year. what you people think.....

RIGHTS ISSUE EI HOTELS
PURCHASED AT RS 95.3
PL NOTE ANY PURCHASE ABOVE RS 98 TO RS 100AND ABVE IS RISKY CONSIDEING EX RIGHT PRICE OF RS 65

EIH
HOTELS
I HAVE PURCHASED SOME SHARES OF EI HOTELS ,DUE TO RIGHTS ISSUE ON CARDS ,COMPANY HELD BY OBEROI,
MUKESH AMBANI HAS SOME STAKE IN THE SAME AND THE PRICE OF RIGHTS IS AT RS 65 .
PROMETERS HOLD 32.31.%OHERS INCLUSIVE OF AMBANI 37.42% .PUBLIC 14.6%, MUTUAL FUNDS .4% FOREIGN INSTITUDE 2.27 AS ON 31/12/2010

I am sad for retailers losses. However before you blame others like SEBI, Bankers, Promoters , ask yourself a few questions - Were you aware of the risks involved? Did anyone force you to invest? Every newspaper report was telling it's price is too high but still you chose to invest/gamble. Now please wake up - Read the expert suggestions in any reputed newspaper. DO NOT BLINDLY TRUST ANYONE (including myself)
Again I am sad to see hard earned money of retailers being lost.

preopening season for stok on listing day will be very good, at least you will get chance to apply stoploss , very good idea in deed for small investor

Retailers chila raha hi ki omkar may lut gaya, last 5 years may jitnay bhi ipo/fpo aya hi 95% may retailes luta hi , yah aisi bemari hi jiska koi ilaj nahi hi, govt. ,SEBI, Pramoters , lead managers mil kar retailers ko jua kila rahay hi and loot rahay hi retailers 2, 2 lakh ki appl. Lagnay may bizi hi SEBI nay pura intajam kar diya hi, isliya lagay raho omkar ko bhol jayo new ipo may phir lagao.

@ outsider,

Yes my friend, but i don't think SEBI is supporting investors....
Because whatever the action they take like investigation of this issues, etc.,
It will further take the price down further only...

One more action by SEBI, which i think to be useless or even just like punishing the innocent investors is De-listing of share.
Because who were the ultimate sufferers, only the share holders, the promoters would have sold their share in open market well before the SEBI's action itself, so they would have made huge money and will run the business happily...
So i don't think it would hurt the promoters in anyway.....

Dear KK,

Thanks for catching my views correctly....

BSE mulls pre-open trade on IPO stocks on listing day

The country's premier bourse Bombay Stock Exchange (BSE) is planning to introduce pre-open trade on IPO stocks on the listing day, which is currently allowed only on index stocks along with 20 other large cap counters.

"We are keen on allowing the IPO stocks to have a pre -open session on their debut day. We are talking to the market watchdog Sebi on this," BSE Deputy Chief Executive Ashishkumar Chauhan told PTI.

As to how this would assist the debutant company, Chauhan said it will help avoid wild price fluctuations on the listing day as it does on other stocks.

Explaining the mechanism he said, "instead of the 50 stocks that are allowed to have pre-open now, when there is a listing, the debutant scrip will also be part of the pre-open trade on that day."

On October 18 last year, both the BSE and National Stock Exchange ( NSE )) had started a 15-minute special pre-open session to help reduce extreme price volatility, typically visible in the first few minutes of trade, besides better integrating the domestic markets with international markets.

Normally, market sees wild price fluctuations when there is any major event or announcement by a company like an M&A, open offer, delisting, debt-restructuring, credit-rating downgrades or upgrade and rumours regarding any such event.

The market watchdog Securities and Exchange Board had allowed introduction of pre-open session call auction on the bourses last July, from 9 to 9.15 am.

Source: Economictimes.

durai....it's good...but SEBI and Omkar guys must Compensate us for beareed losses...what's u say?

Anybody worrying about the poor performance of the past IPOs are requested to click IPO Performance Tracker and see the joke going to the back pages in it!

Dear Durai,
After collecting cash from the IPOs how a company uses it is a serious thing and it will decide its future price. Also lack of confidence and volumes in a counter will drag it down and so it may go to abysmal levels. These are possibilities. Let us hope the management of Omkar is good and does not do anything hereafter that will seriously affect the investors sentiments.

Handsome,
Durai did not say anything seriously in his message on Omkar. He also did not ask boarders to buy it for its value. All he was saying is asking those who still hold the shares not to panic as there is worth and targets much lower than the CMP are not possible. He is a kid and is learning and I tell you for his age he has already leaned a lot. He has potential and might one day become an expert.

@ Handsome,

That's great about your studies and myself completed B.Com and pursueing CA...

And it's good that healthy discussions is always good for ourselves and the followers of this board...