Results as expected. Diluted EPS 2.18 Dividend 1Re. Receivable are bit large. Owner husband/wife have almost 20 cr unsecured loan from company at very low interest, which is worrisome.
Zero debt company and company have no any single rupee debt on their balance sheet and in very short time they have announced 1rs dividend. That type of share holder supportive decision we see from rare SME companies.
Definitely don't worry about daily movement of stock, looking really good fundamental and hoping that company will post good number of last quarter . I have done analysis during ipo time and also posted message on 12th july.
@lokes, Since you are holding 2 Lots of SKP Bearing, what is your ideal selling price, tentatively, especially after back to back 5% upper circuit. I am also holding one lot.
170.1. lokes| Link| Bookmark|
July 24, 2022 3:35:00 PM
IPO Guru (4300+ Posts, 5100+ Likes)
@happy: one lot i will sell around 85 levels and one lot i will keep holding for longer time around 3 to 6 months or longer for targets around 120-140 levels with some stoploss around 66 levels....
@Lokes, What do you think about SKP Bearing. will it reach to nearby 150. Result for the period 6th January to 31st March 22 is good. Sales 9.68 Crores Net Profit after Tax 3.64 Crores & EPS is 2.43.
Jab retailers HNIs may jam Kay apply karta hi tab yahi haal hota hi .
164.1. Trueinfo| Link| Bookmark|
July 15, 2022 5:14:06 PM
IPO Guru (1800+ Posts, 1700+ Likes)
Maintaining it's lackluster performance. Good point is no capital loss yet. However, In contrast look at Jayant. Non stop UC. No yardstick to judge SMEs.
Today I talked to him personally... he is just busy in office work... Nothing to worry... Will join us soon. He has also send his best regards to all the members here ..
Holding it with full conviction, same what i did with Swaraj. And it gave good returns in a month, initially went down to around ₹50, but later sold it at ₹81/-
162.1. MehulStk| Link| Bookmark|
July 14, 2022 2:40:02 PM
Top Contributor (400+ Posts, 100+ Likes)
Swaraj was different stock with different market sentimant, It can go like LEMERITE way so nothing is fixed. I am exiting now will add if available at 10 - 20% down
Market condition is not good in absolute terms, but if you compare present time with last quarter (apr-june) its on a bit positive side. & fundamentals are much stronger than most of the SME IPOs which can take it higher if market goes greener in next 2-4 weeks.
Same can happen with Healthy life also, we might not see bumper listing, but looks healthy for medium to long term. Investors will make more money here than traders, like they did in SKP. Happy investing ✌🏻
162.5. Abhii VPG| Link| Bookmark|
July 27, 2022 10:19:02 AM
IPO Mentor (900+ Posts, 300+ Likes)