ANYBODY WHEN WILL RESULT FOR QE 30/06/2017 WILL BE OUT ?
COMPANY MGMT & LEAD MANAGER RIDING ON THE SCRIP & MAKING MONEY AT THE COST OF POOR SHAREHOLDER.
IN AN INTERVIEW TO CNBC DORECTOR IS TALKING OF VALUE ADDITION THEY SHOULD LOOK AT THE PERFORMANCE OF THIER SHARES. SINCE LISTING , HOW MUCH INVESTOR''S VALUE IS ERODED POORLY MANAGED COMPANY
INTENTION IS VERY CLEAR BUYING SHARE FROM MARKET @ SUBSTANTIAL DISCOUNT TO ISSUE PRICE FROM SHAREHOLDER.
SELLER OUTNUMBER BUYER EVEV AT RS 30 /= Sell for target Rs25 & 20 Eventually touching Rs 9/= Worst management should be awarded for greatest wealth destroyer
INVESTMENT IN SUCH CO IS ALWAYS PROFITABLE FOR PROMOTER AS THEIR INTENTION TO MAKE MONEY FROM MARKET RATHER THAN FROM THEIR MAIN BUSINESS INVESTOR WHO HAD APPLIED IN IPO @Rs50/= till than it is going down one way PRESENTLY QUOTING @ 30.75
May ask management why Issue price in IPO FIXED @Rs 50 /= when it''s intrinsic value is not even Rs 30/= currently quoting @ 30.75. ERODING VALUE OF SMALL INVESTOR
IS COMPANY''s Financial pisition is worsen since WENT PUBLIC IN JULY 2017
WHAT IS THE TRUE VALUE OF COMPANY''S SHARE IS SHOWN AFTER LISTING ALMOST 50% OF INVESTMENT IS ERODED IS COMPANY''S FINANCIAL PERFORMANCE IS SO POOR FOR QE 30 TH JUNE2017 , QUALITY OF MANAGEMENT IS SO POOR OR MANAGEMENT & TRANSFER AGENTS ARE PLAYING WITH SHAREHOLDER''S MONEY WHO PUT FAITH ON THEM
WILL MANAGEMENT GIVE SOME CLARUFICATION TO SHAREHOLDER ON ABOVE POINTS
INVESTOR WILL NEVER FORGIVE U FOR YOUR MISDEED JUST WRITING SREE RAM OB LETTER HEAD IS NOT ENOUGH U HAVE TO LIVE BY THAT
I HOPE MANAGEMENT WILL UNDERSTAND & REPLY HOW THEY DUPED HARD EARN MONEY OF SMALL INVESTOR IF U HAVE LITTLE SHAME PL POST YOUR COMMENTS ON TH8S BOARD
AT CURRENT MARKET PRICE THE SCRIP IS AVAILABLE AT P/E OF 7.18 AGAINST INDUSTRY AVERAGE OF 39 PLUS
On performance front, the company has (on standalone basis) reported turnover/net profits of Rs. 89.28 cr. / Rs. 0.33 cr. (FY13), Rs. 104.92 cr. / Rs. 0.48 cr. (FY14), Rs. 71.52 cr. / Rs. 0.70 cr. (FY15), Rs. 91.04 cr. / Rs. 1.87 cr. (FY16) and Rs. 115.88 cr. / Rs. 3.79 cr. (FY17). As per prospectus, its FY17 restated performance on consolidated basis remains same as standalone. Despite declined top line for FY15 and FY16, it reported higher net. If we attribute latest earnings on fully diluted equity post issue, then asking price is at a P/E of 9.7 (against industry average of 39 plus) and at a P/BV of 3.14. Company’s average RoNW for last three fiscal is 39.17%.
NEVER SUBSCRIB TO IPO IN WHICH HEM IS A LEAD MANAGER
IF U SEE DATA OF LAST TWO DAYS MORE THAN 2 LACS SHARES SELL ORDER OUTSTANDING AT ANY POINT OF TIME THERE IS HEAVY SELLING ON THIS COUNTER SINCE LISTING LEAD MANAGER , MARKET MAKER & MANAGEMENT ARE WATCHING THIER SHARES ARE BUTTCHERED DAILY & MAKING NEW LOW
THERE IS NO HOPE FOR SHAREHOLDER IN THIS COMPANY ONE SHOULD LOOK FOR BETTER MANAGED COMPANY & NEVER APPLY IPO LEAD BY HEM SECURITY QUITE BEFORE IT TOUCH SINGLE DIGIT
GOODBYE TO HEM & SHANTI CARRY ON YOUR CIRCUS IN STICK MARKET AT THE COST OF POOR INVESTOR MINDWELL SHOW WILL NOT RUN FOR LONG
It''s management technique. If you sell in panic and at 20% discount there are people from this company who are collecting the shares at discount. This is why 15 lacs plus shares have been purchased by investors, I mean if you say heavy selling, on the other hand there is heavy buying. So weak people don''t invest in SME iPo and if you have invested at least stay for some time or your entire capital will vanish. In my opinion Shanti Overseas is not a bad company. I expect a bounce back. Disclaimer: I was not allotted in the iPo.
HEM SECURITIES HAVE NO SHAME. MADE PROFIT IN ACCORD BY SELLING 96000 SHARES @ 86 NOT PRICE IS LESS THAN 60. LOOTED INVESTOR IN LAXMICOT WHICH WAS ALSO MASSIVELY SUBSCRIBED NOW THERE R NO BUYERS @ 15 RS ISSUE PRICE 20. N NOW SHANTI OVERSEAS... ISSUED @ 50 NOW STRUGGLING @ 41
Hem Securities was also Lead Manager in someof the recently concluded ipo like Valdibhare, Dev IT, Global Ed, RMC, etc where return is very very good. IMO, if people don''t sell in panic there would be good return in Shanti also. Let us see its performance tomorrow.
It''s hem securitied who has habit to sell their shares in market. In fact being market maker they are cheaters.better to stay away from any new hem securities sme
WE HAVE ALREADY SEEN 1 L/C YESTERDAY WHEN SCRIP TOUCHED RS. 40/- THE WAY IT IS MOVING TODAY WE MAY SEE ON MORE L/C VERY SHORTLY WILL CONGRATULATE MGMT & LEAD MANAGER FOR DISTINCT ACHIVEMENT
LEAD MANAGER & MANAGEMENT SHOULD BE ASHAMED OF FIXING PRICE BAND MARKET HAS GIVEN SLAP ON THEIR FACE BY SHOWING THIER TRUE VALUE I THINK THEY WILL UNDERSTAND HIDDEN MEANING IF THEY FEEL PRICE WHAT MKT IS QUOTUNG IS UNDERVALUED THAN THEY SHOULD SUPPORT & PROTECT COMPANY REPUTATION
LM - Hem Securities is a big culprit. All of their IPOs which are not fancy will go below IPO price and those which are fancy will get subscribed more than 40 times will go for UC for one or two.
One shall boycott all the IPOs of Hem Securities. A new slogan for SME IPO is "Beware of Hem IPOs"