Technofab Engineering Ltd IPO Message Board (Page 3)

HUMNE KAL YAHA RS.50 HOGA YE KAHA THA,
AAB PROFIT BOOK KARO..................

plz do not sell this stock. it may upto 325 -330 today. They are having a very strong order book as well as they have completiong so many project from last 3 years.

HI,PRIYANKA

TECHNOFAB MAINE 288/290 KE PASS ALL POSSITION SELL KAR DIYA MERE HISAB SE 80% HOLDING BOOK PROFIT KARNA ACHHA HOGA.......
ALL THE BEST.........



HI,ANURADHA
TECHNOFAB MAINE EXIT KARDIYE.......

PRINCEEEEEEEEEEEEEEEEEEEE

TARGET TO DAY CLOSING

Rs.330 - 340.

CHEERS.

D O N ' T S E L L IN P A N I C

WAIT & WATCH

.

Keepit for long term they 500 cr worth of unexecuted order book..should go for long

Nisha,If GEM predicted correctly why he did not apply for Technofab?He could have got 60 per application.Grey market premium was 40 so listing expected at 280.if it went to strong hands what is 300,strong hands can take it to 600.GOOD RETURN FORGET THE STOCK?what does it mean 25 percent not good return?

Why this group is so silent ? I have 4 lots, yet to decide what to do.

Touched 301, have 25 shares, unable to decide for long term or sell, please help.

Sold one lot at (41) at 294...Holding the second with stop loss.

Cheers

Happy profits

wow !!! zoomed to 295 gr8 going Congrats to everyone

Hello All, What should be the strategy for Technofab or should we come out with listing gains of Rs 30-50

HI,ANURADHA

MAY YAHI SITE PER MILTA HUN.......
SARE IPO KI INFORMATION YAHI PER MILTI HAI IS LIYE MAY YAHI HOTA HUN.........

To
gem ipo finder
thanks for ur valuable suggestions.

i bought 2000 share of concurrent india.at the price of 9.Rs.now its trading at 28.75.i m still bullish on this stock and waiting for 80 or 100 target.what u say dear friend?

Broking firm Emkay Global Financial Services said ``Prima facie, TEL is attractively priced with some listing gains. The issue price of Rs 230-240/Share discounts the FY10E earnings at 11.9X-12.5X. Whereas, mid size companies like Mcnally Bharat, Elecon, Petron and TRF are trading between 13-16X FY10 earnings. This leaves at least 15-20% as assured listing gains. Further, considering strong growth in FY11E, valuations would become extremely attractive.``

Key positives and negatives of the company are analyzed by the broking firm, which are as under:

Key Positives:

> Approximately +20 years of experience in mechanical and electrical space- both in local and international markets (Africa).

> Has got additional boost with next generation joining the board i.e. Arjun Gupta and Nakul Gupta.

> Relatively clean balance sheet and operations - with limited cross holdings and related party transactions - the DRHP is relatively clean.

> No baggage or legacy of mis-managed projects or bitter experience of large bad debt
99% of past experience (last 3 years) has been as Contractor - served clients like Lanco Power, Gammon India, Nuclear Power, Rastriya, etc.

> Current order backlog of R s11 billion (L1 of Rs 4.1 billion), spread across nuclear power, thermal power, process and roads - this has multiplied by 5X in last 2 years.

> Revenue visibility is extremely good at 5X FY10 revenues, execution cycle is 20 months.

> Considering order backlog, TEL can post high growth of 50%-75% run rate for FY11E and FY12E.

Key Negatives

> Net margins at 10% in FY10 looks relatively high - competition earns half of these margins. So maybe net margins could fall in subsequent years.

> Large order intake in last 2 years, risk of execution cannot be ruled out.

> 3.7 million shares or 49% of pre-issue equity shares is held by Gammon India (1.1 million shares), FII (1.2 million shares) and HNI (1.4 million shares). All these shares are transacted at Rs 55 a share - 57 a share. There is possibility of some shares getting sold in the open market on listing.

Technofab Engineering, which specializes in engineering, procurement and construction services, aims to raise Rs 687.7 million at the lower end of the price band and Rs 717.6 million at the upper. The issue constitutes 28.50% of the post issue paid-up equity capital and the net issue 28.03% of the post issue paid-up equity capital of the company.

Technofab is expected to post an EPS of 27- 30 rs in March 11 as the earning shud get a boost up after in fusion of fresh funds thru IPO.The company moves into different orbit after such infusion of funds n high visibility which an IPO gives.

Even the current EPS is 25 on pre issue equity.If one gives a conservative PE of 15 the price target moves to 375 to 450 .

so this target Technofab is comfortably going to achieve once the retail shareholders selling is mopped up by operators.FIIs hv participated in the IPO heavily.

SO DONT SELL ON LISTING RATHER KEEP ON BUYING.IPO WAS OF 70 CRORES ONLY.ARSS INFRA WAS ALSO 100 ODD CRORES SO U CAN WELL IMAGINE THE HUMONGOUS RETURNS THIS SMALL CAP CAN GIVE YOU.

dear gem i was also surprised that within minute your msg was deleted ..good that u have written same msg once again really well said

WHY MY VIEWS ON TECHNOFAB TO RAM HAS BEEN DELETED BY THE WEBSITE??????????

WHERE I SAID
RAM

YOU WILL GET 280. IF RISK AVERSE THEN BOOK OUT, GOOD RETURN FORGET THE STOCK.

BUT IF U WANT TO TAKE RISK THEN HOLD ON FOR 300+ BECAUSE OF LOW FLOAT THE STOCK MAY BE PUSHED TO 300+ BY STRONG HANDS

IF IN THE FIRST HR IT MANAGES TO TRADE ABOVE 280 IT MAY REACH 290-95-300 ON SAME DAY

dear gem ipo finder,really well said about techno ipo

TECHNOFAB GMP----50 [STRONG BUYERS]

RAM

you will get around 280+ on listing opening hours, stock may be pushed higher after 2-3 days as float is very low some strong hand may take past 300.

its never bad to book profit and 15% on issue price is not bad return if you are a risk averse then exit at 280 and forget the stock or you may take the risk to sale above 300+

if it trades above 280 continuosly in first hr then you can take the risk for 290-95-300 on same day