Persistent Systems Limited IPO Message Board (Page 1)

Dear Shreedhar Bhai,

I am holding 20 shares of Persistant Systems Ltd and roughly 2700 shares of NHPC. These were allotted to me.
Plz advise me what should i do?????

With regards

bay this price target 450

Nice post, thanks for writing!

Bought arround 100 shares at average price of 392. Let see what happens. Atleast hold till receive divident. Then will see what to do.

hi all

i am not yet receive my refund money for 6 lots.. any body receive refund money from intime

regards
ramakrishna

What is the time period of 'short to medium term'

an EPS of Rs 10 in the last quarter, projected price for the short-medium term 500-600

Thanks UR, I hope my recommendation benefits both of us. I am also holding Persistent in my portfolio. I suggest to sleep over this stock for next 2 months and do not pay attention to any news positive or negative.

A dividend of 2.50/share is not bad..it comes to 25%.Further the company has come up with excellent set of numbers...I expect the stock to rally to 450-500 in a month. Further it will continue to post excellent numbers for the next two quarters...

Since listing persistent is around 400 and no major movement is seen in the stock and going down slowly slowly day by day.
Just company decleared dividend about Rs.2.5 per share, I think it will come down slowly slowly, what we think a upside movemenw will come. Persistent trading activity shown it will down to 310-325 in month time.

It is better to come out from persistent and switch over to Banking stock like ICICI bank, State bank of Bikaner and Jaipur, HDFC, SBI.

Dear Sadiq,

Based on your recommendation I am holding this stock for short term(2months),let us see what happen.

Rs.2.50 dividend per share

April 23 2010: Persistent Systems Q410 Revenue Grows 15.2% Y-o-Y; Fiscal 2010 Profits Increased by 70.2%

Dear UR, my expectation is that within 2 months it will reach 450+. These expectations are based on the following factors
1. The company has above average fundamentals
2. Compared to other stocks in the IT sector Persistent is under valued
3. We did see it cross 420+ on listing day
4. it has strong support levels at 390 which is 80 rs more than than upper ipo price band of 310 (i.e. 25% more). Having this kind of response at a time when all other listed ipos have gone below issue price confirms the strong fundamentals of the company.
5. SBI Mutual Fund has bought more than 5.47 lakh shares of persistent at 423+ rs.

Dear Sadiq,

what is your expected time to reach this stock to 450+ and what are the factors

dear UR, i am not saying that there will not be further down than 410. all i am saying is that you can sell this at 450+ levels if you wait.

Dear Sadiq,

You mean persistent share is safe at the price of Rs.410 and there will not be further down in this share price

Dear UR, why are you so worried about Persistent. Just relax and sleep over it. Now they will announce dividend on 23rd April 2010 (Friday), so enjoy the dividend and your avg. cost will also reduce after you get the dividend. SO just leave the shares of persistent as it is and enjoy the real cream when the time comes.

It was told number of big MF companies are taking position in this stock and it will move like ARSS,but it is showing down trend day to day.Is it right price(Rs410)to hold the shares for some time or better to move some other shares.Please give right feedback.

dear friends i have 6324 shares of persistent @405.25 average what should i do right now i am thinking of waiting for next 6 months

thanks