On Pure Valuation Basis it seems this co. is reasonable priced co with good track record. Compare it with Patel & Kalindee Rail which. Both this co. has good order book like ARSS. It cant be compared with Tantia & Pratibha because of the size. Something has definetely left on table for Investor because it is offering a P.E. multiple of 10 to 11. on FY 10 basis. Suggestion/Recommendation are welcome on the board.
Book value=168 for 9 months.EPS=40 for 9 months ending Dec09.At the same runrate EPS may be 50 for FY10.Those people who are intending to apply please apply at lower band.We would get the company at 8 EPS.This is IPO Investor's market & we should not let this chance go.
ARSSS Infrastructure Projects Limited. Do not apply it is expencive at Rs 450/- Udian Mukherjee said the rirgt value should be 80 to 90. It will go Discount
ARSS INFRASTRUCTURE PROJECTS LTD WILL OPEN DISCOUNT. DO NOT WASTE YOUR MONEY. GLOBAL MARKET IS DOWN. ITS REAL VALUE SHOULD BE RS 45- TO RS 50/-. NOT KNOWN PROMOTERS. CAUTION!!!!!!!!!!!!!!!
Great issue as seems very reasonably priced as compared to peer group where PE is in range of 15 against this company offering at 6-7. Annual Growth rate of more than 100% over last 5 years. GO FOR IT!!!!!!
Rohit is rightly said that Insurance and investment are two separate issues go for fixed instruments for long terms Share bazar is satta bazar in the hands of FII can anyone one give a reseaon for fall of Sensex/Nifty other than FII sale???
GLOBAL MARKET ARE GOING DOWN & COMPANIES ARE ISSUING SHARES OF RS 10/- AT RS 450/- DONT RISK YOUR MONEY. DO NOT APPLY SEE NOW WHAT HAS HAPPENED TO GODREJ PROPERTIES. TAKE PRECAUTIONS. THOSE WHO HAVE APPLIED IN DB WILL ALSO LOSE THEIR NMONEY