24.1. Eagleye| Link| Bookmark|
June 5, 2016 6:19:54 PM
IPO Guru (6600+ Posts, 21900+ Likes)
WOW ... CA Saheb ... You never cease to surprise us all with your superb insights ... Could you kindly please also share your calculations ... And explain how you arrived at this fair value figure of Rs. 640/-
Regarding MGL, 25% potential upside is on card. Considering d recent fancies around oil marketing companies, it will surely command PE multiple of 20. FY 2014-15 PAT is 301 crores, taking d same Probable Mcap for MGL will be approx. 6000 crores. Promoters valued company @4800 crores for issue purpose. Difference 1200 crores is for investors. One can apply in dis issue, with short term exit vision at 25% above offer price, as d offer price not declared yet officially. Even if it list at discount or at par on issue price, one can add for exit at 25% above offer price.
Present central govt vision is clear, they will not subsidise petro products even its international prices will go up substantially, which will secure bottom line of MGL.
As far as i know, Indraprastha gas limited Trailing 12 M EPS for FY 2015-16 is 29.73 and as per last closing price , its P/E multiple comes to 19. As one sees that, what a fancies has been created among oil marketing companies in the recent past due to stable and regular price hike made in petro products by OMCs without much intervention, i expect it will command PE multiple of 20, likely at par with IGL. No GMP required at this time. Only clear investment philosophy.
Regarde Price band, i understand that it is only OFS and No. of share offered and Price band can be determined easily but i should wait for official announcement for Price band.
If Price band will be Rs. 485 than Rs. 600 is a good exit point
very nice actual very good analysis scanner i agree if this come at 485 which equates to 16 PE and 25% 600 Price will be fair value for present however scanner IMO given favourable government policy and not many private players in the listed circle i see more upside however 25% upside is good return for flippers....
Also it big issue so if price is not priced right it will be big flop IMO at 485 it is priced right with good upside
Eagleye, why u r responding Mehul. He is like dory. He doesn''t know, what he said. He is pretending as CA but he is not CA. I m sure by saying this, see d quality of post he is posting. Rubbish valuation formula, which r not available in any financial world book.
19.1. Eagleye| Link| Bookmark|
June 5, 2016 2:52:18 PM
IPO Guru (6600+ Posts, 21900+ Likes)
At times I indulge myself and just have some fun at the expense of the village idiot :)
EAGLEYE GMP OF THYRO 150 AND UJJIVAN FINANCE WAS ONLY 60 BUT STOCK GO FROM 210 TO 400 AND THYRO CARE STOCK HOLD AT 600 SO GMP IS ONLY INDICATOR NOT ALWAYS CORRECT
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16.1. Eagleye| Link| Bookmark|
June 5, 2016 3:25:16 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Hmmmm ... at least you could have exhibited some originality ... instead of copying the logo of IPO Central
16.2. Eagleye| Link| Bookmark|
June 5, 2016 3:25:53 PM
IPO Guru (6600+ Posts, 21900+ Likes)
REALLY???? ...
"IPO Mantra gives total financial solutions for primary market investments"
Go smell the coffee!!!
:):):)
16.3. Eagleye| Link| Bookmark|
June 5, 2016 3:26:15 PM
IPO Guru (6600+ Posts, 21900+ Likes)
"IPO Mantra, your one stop destination for Investor Solutions services for Primary Market. IPO Mantra is professionally equipped company providing all range of Investor solutions for Primary market in various regions of India. The market for Initial Public Offerings has never been more complex or challenging. Our team provides you the best possible advice whether to apply or not. We do all research like going to its RHP, Valuation of the company, review of company financials, evaluation of business and financial processes and infrastructure, evaluation of corporate structure and governance capabilities of promoters etc. At IPO Mantra, we facilitate investors for making application in Initial Public Offering (IPO), Bonds, NCDs etc.."
Very tall claims !!! ...
However, proof of the pudding lying in the eating ... We all eagerly look forward to your contributions on this forum ... Good luck !!
12.1. Eagleye| Link| Bookmark|
June 5, 2016 11:06:10 AM
IPO Guru (6600+ Posts, 21900+ Likes)
CA Saheb ... So are SOOO SMART ... Considering what you have said in the past about me ... why are you asking for information from me ? ... why are you so interested in GMP ??
In case you have forgotten .... I refer to just a few of your previous posts ...
mehul mehta May 11, 2016 7:08:19 PM IST Ujjivan Financial Services Ltd IPO
EACH TIME GMP INFORMATION WAS FALSE SO THAT RETAILERS COULD NOT SELL SHARES AT PROPER LEVEL NEVER BELIEVE ON SUCH FALSE GMP
mehul mehta May 12, 2016 6:34:26 PM IST Ujjivan Financial Services Ltd IPO
SEPTA SIR R U IN USA OR IN INDIA POSTING INFORMATION WITH EAGLEYE ? PLEASE SHOW ANY INFORMATION OF EAGLEYE BECOME TRUE ? HE KNEW ALL FACTS BUT MISGUIDE OTHERS MAY BE
mehul mehta May 10, 2016 12:24:45 PM IST Ujjivan Financial Services Ltd IPO
when eagleye said gmp of parag 2 to 4 rs means that it will list at discount in thyro it said it buy at 650 means sell at 650 and ujjivan he sell at 260 level
mehul mehta May 8, 2016 9:59:36 AM IST Thyrocare Technologies Ltd IPO
ITS VERY EASY FOR SMART C.A TO FIND MAHANAGAR GAS IPO FAIR VALUE ITS BASED ON BOOK VALUE AND RONW ITS BEST IPO IT WILL BE ANOTHER THYRO I WILL APPLY WITH DOUBLE FORCE
mehul mehta May 7, 2016 4:04:07 PM IST Thyrocare Technologies Ltd IPO
SEPTA SIR MAHANAGAR GAS EPS 30 AND NET PROFIT MARGIN RATIO 10 PERCENT pe ratio will be 10 SO FAIR VALUE 300
mehul mehta May 7, 2016 2:36:58 PM IST Ujjivan Financial Services Ltd IPO
EAGLEYE EQUITAS CONSOLIDATE EARNINGS VERY POOR MONDAY EQUITAS DOWN DOWN IN DIWALI 2020 IT MAY REACH 200