-- Aster DM IPO Don''t apply this ipo. Performance of all previous hospital chain ipos are not satisfactory. It''s hard to make money from hospital business.
Friends majority of Brokerage houses have advised against applying for IPO . Capital market has given a rating of 27 while smart investment has given 29 % ( STRICTLY AVOID)
Dear Market Kid alias MAstram alias XXX alias YYYY Alias AAA Alias BBB
I can give rebuttal to you point to point but don''t want to spoil the discourse in this forum.
Just one point ............It is my prerogative to
1. Whom to follow and whom to ignore? 2. Have an independent view. 3. Copy data from others and post here or choose not do the same. 4. whom to respect and whom to not. 5. share the data or not. 6. whether do base my suggestions/recommendation on the data/analysis of others or not or use my experience and knowledge with authentic & formal data sources and arrive at a thought/belief for an IPO/Stock.
I''m positive about it... 1. Long standing presence in GCC 2. Multiple markets 3. High quality healthcare service 4. Good operational and financial track record
but capital market has given only 27/100. Clear avoid
126.2. PavanM| Link| Bookmark|
February 14, 2018 12:17:24 AM
IPO Mentor (600+ Posts, 400+ Likes)
True, Capital market rated 27 for Aster DM. But remember, it gave a rating of 30 for Astron. we all know that Astron listed at double the issue price of 50 and now also at 133.
This company is way better than Shalby ,kerala company has a good hold on hosiptal management compare to other hospitals.health care in kerala is good comapre to other states in india.I feel this will give good returns for medium to long term..
Modi saab created problem for every thing in Kerala as they couldn''t manage even1% vote share due to their literacy rate ! However, these peoples are smarter ! even NGO fails, they know how to bring funds. They been doing and again the story will continue................Question is valuation of this company and price offered ...
How can you isolate yourself from all thiS fake financial sites/TV channels review and gives independent view? Outstanding.
- As per your understanding 12000cr (2x) market capitalisation possible in 2019 but as per my understanding even 3x(18000cr) is low for aster dm.
That is price = 400 rs .
Main reason is " quality management ". Management play verymuch influencer role in stock valuation, recent example HDFC life. Earlier example NH
People or mostly TV / financial sites fake expert shouting Avoid or risky or fully priced etc etc but seems they don''t know a bit about management.
Dr. Azad Moopen MBBS, MD, DTCD Chairman & Managing Director – Aster DM Healthcare
- Dr. Moopen has earmarked 20% of his personal wealth for Philanthropic activities helping social changes, and uplifting the poor
- He awarded Padma shri, pravasi bhartiya sanman, best doctor award, arab health award
- Forbes listed him in top 10 Indian leader in arab world and Top 100 Billionaires of world
- Dr.Moopen is the Director of ‘NORKA Roots’ (Non-Resident Keralite Affairs) and Director of KSIDC (Kerala State Industrial Development Corporation) under the Government of Kerala. He is also the Governing Council Member of KUHAS (Kerala University for Health and Allied Sciences) and Vice Chairman of SAFI (Social Advancement Foundation of India) and the Founder President of AKMG (All Kerala Medical Graduates Association, UAE).
----- Plus
-33% sales CAGR growth is not a joke for any company. - here issue is 725 cr of fresh issue that will only improve company''s financial not just OFS that promotor earns - NO Private equity investors exiting, Post issue promotor+ PE investors holding be near 82% - PAT here not looks good just because it''ll take time for New hospital to operate at full efficiency - even whole market trading based on 2020 valuation why can''t New ipo? - people subscribed crap issue like newgen, shalby and forced to avoid galaxy, hdfc life by some fake financial experts.
Now again quality will surprise you,
You''ll be astonished with hugh subscription by Dubai''s arabpatis
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