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Quick Heal Technologies Ltd IPO Message Board (Page 49)

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142. Septa |   Link |  Bookmark | February 8, 2016 6:10:15 AM (4000+ Posts, 4600+ Likes)
just surfing through q3 result UFO result r good TTM is health PE is come down 23 which IMO is good may be time to look into this counter Q4 is always a good year...... VRL not bad 5 rupee interim div nice
141. IPOANALYSIS |   Link |  Bookmark | February 7, 2016 10:44:20 PM
I would give this ipo a miss. Although i am neutral on the ipo but the merchnat bankers haven''t left anything for investors in regards to issue price and appears to be greedy

Positive
1)Almost Debt free
2)margins have grown

Negative

1) Business is highly sensitive
2) Intense competition
3) priced at around 38 p/e. Global peers are ruunig at much lowe P/E
4)Profits have declined since last 3 years


As profits have decreased YOY since last 3 years proved their business has started facing intense competition and cant maintain growth in near term.

when your profits are declinig you dont deserve that high P/E in range of 36-40

Thye should have kept price at around 20-25 P/E to price it well

Surely a miss from my side.
140. AnkurA |   Link |  Bookmark | February 7, 2016 9:47:41 PM
Any suggestion on this to buy or not ?
139. Anty |   Link |  Bookmark | February 7, 2016 9:05:01 PM
@wat price PCL shoul be sell tomorrow.....??
139.1. atul |   Link |  Bookmark | February 7, 2016 9:49:10 PM (300+ Posts)
Do not sell @ any price.sell it after 1 month.
138. starripo |   Link |  Bookmark | February 7, 2016 8:54:31 PM
Monday bse likely to down 400 / 450 points...n korea targeting America with 10000 km nuclear missiles successfully....
137. Septa |   Link |  Bookmark | February 7, 2016 8:48:02 PM (4000+ Posts, 4600+ Likes)
market capitalisation of Russian stock market is actually lower than the market capitalisation of Apple ..... wow that is some under valuation in Russia i only wish it was english speaking nation........
136. Eagleye |   Link |  Bookmark | February 7, 2016 8:33:53 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
QHT GMP 70 - 72
135. Bhupinder |   Link |  Bookmark | February 7, 2016 7:16:54 PM
Nice meaningful discussion, septa eagleye etc. Everyone will surely benefit from ur experienced analysis.
134. mehul mehta |   Link |  Bookmark | February 7, 2016 7:12:12 PM
next ipo when come any idea please
133. rahulabhishek |   Link |  Bookmark | February 7, 2016 6:46:56 PM
650 rs kisok rate in jaipur...
132. CHINTAN GUPTA |   Link |  Bookmark | February 7, 2016 5:27:48 PM
Septa ji pls start WhatsApp group
132.1. Avnish |   Link |  Bookmark | February 7, 2016 5:44:41 PM
Please start one, count me in.
Thanks you
132.2. Avnish |   Link |  Bookmark | February 7, 2016 5:44:58 PM
Please start one, count me in.
Thank you
131. mehul mehta |   Link |  Bookmark | February 7, 2016 5:01:19 PM
thanx uchit patel and septa
130. Arup |   Link |  Bookmark | February 7, 2016 4:35:42 PM (900+ Posts, 300+ Likes)
Plz come back LOOOOOOOOOOOOOOOOT KOOOOOOOOOOOOOOOT retailer TOH GIYOOOOOOOO....
130.1. Viraj |   Link |  Bookmark | February 7, 2016 7:05:39 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
Sometime any issue bumper opning eg. alkem,lal,nh so loot koot not comeing at the forum but if 1-2 ipo negetive in the issue price he is comeing this forum..
129. Eagleye |   Link |  Bookmark | February 7, 2016 3:39:32 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Appeal to expert Financial Analysts ...

Can someone please help me to calculate the "Operating EBIDTA" of QuickHeal...
i.e. remove other income & also remove non-operating expenses (eg R&D exps)
129.1. Septa |   Link |  Bookmark | February 7, 2016 3:56:07 PM (4000+ Posts, 4600+ Likes)
u mean Operating Income ????? just from business
129.2. Septa |   Link |  Bookmark | February 7, 2016 4:19:42 PM (4000+ Posts, 4600+ Likes)
For the fiscal year 2015, the company reported net revenue of Rs 286 crore, EBITDA of Rs 100 crore Approx and net profit of Rs 53.8 crore

also for financial year 2015 they have taken 46 crore a dividend nice just like indigo

they have 23 crore Vat issue still on the books

pages 200 and 201 of red herring has the break up it is landscape format very hard to read my printer is out of order but not much RD expense for last few years but big jump in marketing cost
128. mehul mehta |   Link |  Bookmark | February 7, 2016 3:34:40 PM
dear septa please advise which are best growth company to invest for 5 years ?
128.8. Sunder |   Link |  Bookmark | February 7, 2016 6:48:22 PM
Whats your opinion on Va Tech Wabag......
Its got a excellent business model.... Any views
128.9. Shivajee |   Link |  Bookmark | February 8, 2016 11:00:02 AM (700+ Posts, 100+ Likes)
I am of the opinion ECommerce would be the next buzz. One example of ecom is flipkart". donno if there are any Ecom stocks are listed already .

Once, IT boom was there, then some reliance group stocks, energy, Pharma everything was there. but I am of the opinion, ECOM will be growing in Rocket speed for next 10 years.

1. Not only in stock market, but ECOM will provide employment opportunities in many fields like own business, logistics , FMCG, couriers service, import-export. It is win-win situaion for both company as well as the end consumer.

2. Even groceries are sold in ECom, nothing is left out. India has a huge potential with lot of population. Not all people at every home will go and buy cars or homes. But every household will buy at least something from Ecom.

127. mehul mehta |   Link |  Bookmark | February 7, 2016 3:27:25 PM
ri8 carn mohan
126. Carn Mohan |   Link |  Bookmark | February 7, 2016 2:54:51 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
If any IPO subscribed
Qibs 20 times
HNIs 100 times
Retail 5 times
95% chance of listing gain
PE ,book value ,losses over valued no matters.
125. mehul mehta |   Link |  Bookmark | February 7, 2016 2:02:59 PM
quick heal may be like pcl all depend on subscription by qib but its too expensive at 36 pe
124. mehul mehta |   Link |  Bookmark | February 7, 2016 1:02:02 PM
QUICK HEAL NOT REMOVING VIRUS IN NET PROFIT OF CO AND SAME IS going down
124.5. Uchit Patel |   Link |  Bookmark | February 7, 2016 3:14:17 PM (500+ Posts, 1500+ Likes)
There are so many positive things about this company.
- I studied financial statements from draft and found zero debt company.
- Purpose of this IPO is reinvestment in same company. Now a days company promoters are bringing IPO just for listing benefits and reducing stake.
124.6. Rajeev Kumar Singh |   Link |  Bookmark | February 7, 2016 6:18:07 PM
Quick Heal mainly provides antivirus solutions for computers and we are witnessing replacement of computers with smart phones, thus company needs to come up with new ideas to stand up to the challenge of smart phones and to come up with new ideas and products to maintain its relevance. Even in corporate world, desktops are getting replaced by tablets and smart phones capable of carrying out complex tasks which were earlier being carried out by desktop. This has given mobility to each employee to work from home as well as office without the bulky desktop. The company thus faces stiff competition on the corporate front too from excellent free anti virus such as 360°, CM Security etc..Also, in the near to long term, desktops face ir-relevance and obsolence in another 5-10 years. The company has just said that the IPO proceeds would be used for expansion and to create new products. However, they r silent on what their new products could be, what kind of expansion are they planning and how they would be handling the future in a world of smart phones. Thus the issue is avoidable. However, the company may bring in future products which will help its growth and hence can be applied for Medium to Long term.
123. atul |   Link |  Bookmark | February 7, 2016 10:31:46 AM (300+ Posts)
QH is like manpasand
..same story.....but got listed at premium what ever reasons may be
123.5. Uchit Patel |   Link |  Bookmark | February 7, 2016 3:26:13 PM (500+ Posts, 1500+ Likes)
In US many companies which are doing same business like Teamlease. Randstad, k force, Kelly services, Robert half, volt, mastek etc. All these companies are listed and easy to get financial statements from Internet.
123.6. atul |   Link |  Bookmark | February 7, 2016 3:36:03 PM (300+ Posts)
I m taking about ipo not about company.
At the time of manpasand people r talking all negative due to high valuation
And if u see today manpsand they r grown well after ipo .same story I fore see about QH.some one said it is debt free.in so many competition to remain debt free is also a big achievement.