133. M Gupta| Link| Bookmark|
December 9, 2010 1:37:42 PM
IPO Guru (1100+ Posts, 3300+ Likes)
MOST OF THE IPO IS BEING SUBSCRIBED BY HNIS...
THIS IS MANAGED BY PROMOTERS...
I AM SURE...
NO RETAIL NO QIB ONLY HNI....
GUYS DONT APPLY BY SEEING SUBSCRIPTION NUMBERS...
THEY WILL MANAGE TO GET THIS SUBSCRIBED BY 3-4 TIMES BY MANAING HNI AND QIB LATELY BUT ULTIMATELY ALL QIB AND HNI WILL LEAVE THEIR SHARES TO PUBLIC AFTER LISTING AT A SIGNIFICANT DISCOUNT....
THOSE WHO APPLY IN RETAIL WILL LOOSE HEAVILY... THOSE WHO BUY AFTER LISTING WILL ALSO SUFFER....
CAUTION....
132. M Gupta| Link| Bookmark|
December 9, 2010 1:18:47 PM
IPO Guru (1100+ Posts, 3300+ Likes)
INVESTORS ....
VERY GOOD TO SEE THAT PUBLIC IS NOT APPLYING IN THIS IPO....
Avoid A2Z & Ravikumar IPO. Apply for Punjab & Sind Bank IPO.
128. Chem cho| Link| Bookmark|
December 9, 2010 10:48:49 AM
IPO Guru (2600+ Posts, 2700+ Likes)
A2Z MAINTAINCE &ENG SERVICE LTD THE MARKET IS DOWN MOSTLY DUE TO PRICE RIGGING IN MID CAP STOCK ,LIKE KS OILS AND EVEN HANUNG TOYS TITAN LTD ETC WHAT 125 hchc is SAYING IS PARTLY RIGHT AND WHEN MANY GOOD IPO ARE THERE AND WE HAVE LIMITED MONEY TO APPLY WHY TAKE RISK IN SUCH STOCKS EVEN THOUGH US MARKETS ARE MORE OR LESS STABLE INDIAN MARKETS ARE NOT DOING WELL TODAY ALSO ON9 DEC THE ARE DOWN AT 10.45 AM I NOW FEEL THAT THERE IS MORE OF RISK IN THIS STOCK AND GREY MARKET PREMIUM IS NOT MORE THAN RS 40 TO RS 60 AND COMMING DOWN I AM MYSELF CHANGEING MY MIND TO BETTER STAY AWAY FROM THIS IPO GOOD LUCK
Rakesh Jhunjhunwala is selling only 4% of his stake, so he still has 96% of his stake invested in the company. he would not remain invested ( SEBI norms say that he cannot sell any more share for a 1 year lockin period for the IPO). So he definitely could have sold more, but he is not. In that sense one could think of applying to the IPO.
someone told me that price band is being reduced and issue date is being extended....is it true? pls confirm.
125. hchc| Link| Bookmark|
December 8, 2010 11:30:35 PM
Top Contributor (400+ Posts, 900+ Likes)
Read this n then take a call on A2Z IPO :- In June 2006 Prime Focus Ltd. came out with an IPO. Rakesh Jhunjhunwala (RJ) also had a certain stake in Prime Focus which he had kept for sale in IPO. The price band of the IPO was 450-500 which was further reduced to 417-450 due to over-pricing.However IPO got OVER-SUBSCRIBED bcoz of RJ factor n then shares were issued @ 417/- to all investors. On listing day Prime Focus opened @ 356/- n went till 221/- n finally ended the day around 250 levels.For the next 2 years shares traded in the range of 200-375 levels.Today the price of Prime Focus is 56.40/- (since it got splitted in the ratio of 10:1),so if u go by IPO price then it is @ 564/-. So my point is that dont go merely by RJ factor as it is overpriced.If at all there is any listing gains then it would be only about 50 Rs n that too will disappear within 5 minutes. Rather invest in Hanung Toys which is currently falling without any reason n wait till listing of A2Z and then compare price of both Hanung n A2Z on listing day.
A2Z is totally avoid Apply in Punjab and Sindh bank in full load to have good returns
Guys this is not the safe time to apply in IPOs , every one is running after IPOs So chances of losing money is very high rather than making money
Current GMP A2Z seller at 29 Rs
Punjab and Sindh bank buyer at 30 Rs
Ravi Distillaries 3.5-4 Rs
A2Z will soon go into discount . so don't dare to touch it.
Keep ur money safe
123. Chem cho| Link| Bookmark|
December 8, 2010 9:22:12 PM
IPO Guru (2600+ Posts, 2700+ Likes)
A2Z MAINTAINNCE ENG 122 BANGALOREAN BY SELLING AN SMALL AMOUNT OF STAKE OFFICIALLY HE IS TAKING OUT HIS INITIAL INVESTMENT OUT SO THAT HE IS HAVING PROFIT FREE SHARES LEFT WITH HIM SECOND POINT HE CAN RIG THE SHARE UP AT THE TIME OF LISITING WITH THE MONEY AND THEN SELL AT HIGHER PROFIT WE CANNOT ASSERTAIN THE MOTO BEHIND IT
Here is a verbatim transcript of Udayan Mukherjee’s comments on CNBC-TV18. Also see the accompanying video.
It is a reasonable company. I know there will be a lot of fan fair around it because Rakesh (Jhunjhunwala) owns 22% or 21% in that stock. My assessment is that with all due respect to Rakesh, one of his finest investors, that cannot be a reason to buy a stock.
A2Z Maintenance is like any other stock in the market; it’s another EPC player which is doing an IPO. Two of Rakesh's biggest holdings are in the infrastructure space, Punj Lloyd and Praj Industries, look at their performance over the last one or two years. He has had some great bets like Titan, Lupin, he has also had duds in his portfolio. So, the fact that he touches a stock does not ensure that this stock will go up three times in the next two years. So, you just need to be a bit calm and keep your head while investing in stocks.
Having said that, is A2Z a good company? It seems like a good company. Last two-three years they have grown at a good clip, 90% of the business comes from EPC and it should be seen as an EPC player and not a power generator, which it is trying to get into. It will take a while before biomass power contributes anything significantly to its top-line. So, for an EPC player if they do Rs 150 crore in profits, profit after tax (PAT), next year FY11, which is quite likely, Rs 3,000 crore marketcap is what they want, so 20 times FY11 earnings. Is that cheap? No. Is that expensive? It’s probably not. So, it’s somewhere in that fair price, fair price plus kind of zone.
Yes, you could do well because of the excitement factor in this. But from Rs 400-410 to run away from here post listing that too in a tight liquidity environment, which is not supportive for infra and for a space which is not loved currently, I don’t know whether there is such a lot. I mean you can easily think back in the last couple of months and think of IPOs which left a whole lot more on the table which would include some of the government’s stable ones. So, it’s a good company, but not to pump the trumpets from the rooftops about.
Simple thought: Rakesh Jhunjhunwala, a great investor is going to SELL this share, then why should we BUY...>?
117. Chem cho| Link| Bookmark|
December 8, 2010 6:42:05 PM
IPO Guru (2600+ Posts, 2700+ Likes)
a2z MAINTAINCE & ENG SUBCRIBTION 8 DEC 2010 4 TIMES IN HNI OTHERS NEARLY NIL OR .1% WHAT DOES THIS MEANS SOME BODY HAS GIVEN DUMMY CHEQUES OR IT IS REALLY 4 TIMES IN HNI AND THAT TO IN FIRST DAY SOME THING IS REALLY COOKING STILL I AM APPLYING IN ONLY 2 LOTS IE 30 SHARES EACH IN ALL FAMILY ACCOUNTS GOOD LUCK
only hn1 category is subscribed.... guyzzz subscribe only when fiis show interest in this ipo bcozzz hni and employee category can be faked.... jhunjunwala can do anything ti subscribe ipo