Aster Silicates Ltd IPO Message Board (Page 13)

42. HEMANT

Have I forced anybody to follow my recommendation? Don't follow. Kindly follow Broker's Loot. As long as you are making money on Brokers Loot advise, please do so. Don't change your investment style as long as you are making money.

Meanwhile, I asked investors to verify before making any investment decisions.

43. Ajayghosh

I am so sorry? How many crores you have lost? Kindly specify scripts. Don't talk in air. Records are available in this web-site itself to verify (Don't talk Hathway & Indiabulls Power). I have not asked you to hold till they become worthless.

41. Anil

Who is lier? I have already proved that you are lier. Please reproduce my Shree Ganesh call here. It is valid till tomorrow. After that, my view will change.

Kindly check-out my views for Jaypee, Mandhana, Tarapur, Nitesh, Talwalkars, Goenka, Intrasoft, IL&FS, NMDC, United Bank, REC, ARSS, Jubilant, Infinite, Cox & Kings, Den, Thinksoft, Euro Multivision, Oil India, Globus, NHPC. It is there in records. In case not available, in future I will continus to give so that after it goes wrong you criticise.

You three people will certainly lift my popularity because I continue to give my views. I know there are lot of other detractors waiting in sidelines. My detractors will only lift my popularity.

It is free to express m views. You are free to criticize the same. However, if you people critise with specific Post number, then it will have value. Otherwise, your posts are as goods as waste-paper.

If you guys have the self-confidence to offer your views? If so, kindly offer. I will follow.

Board Members will certainly benefit as your criticism attracts them to my views with more vigour.

MR. DHIRUBHAI SPLIT THEIR ASSETS IN TWO SON MU-CASH AND A-NIL

I incurred heavy losses based on your recomendation.So be careful while giving your recomendation.

RAVI.... stocks on which he have bough he will give trading calls so that people also buy and he can get out.His calls are all wrong.

Infact check this blog he has asked to buy Shree Ganesh Jewellery at 134 and check price now its at 116.He said fair price is 180 and it will never reach that price

He asked to apply in Hathway at 240 . This stock has been biggest blunder and is a big loss making company.stock is available at 180 now

He asked to but sjvnl at 26 and said fair value at 38. check price now.

similar calls he made for edewless capital,indiabulls power. infact if you look his success percentage is not even 5%

infact i asked everyone to buy united bank,il&fs trasnport,jubiliant,cox and kings ,recltd. all these stocks have rewarded people

38. Ajayghosh

At the outset, I had given fundamental value of Rs.11. Why you are not pointing to that.

Tarapur Post reproduced here: -

51. Ravi, Bangalore May 18, 2010 12:29:11 PM IST Report Spam
Tarapur 91.4- Target 96.75, 102.7, 115.9+. Stop-loss 80.75.

Buy 50% at current level & balance in 86.7-82.75 range.

Fundamentally, its fair value seen at Rs.11.


54. Ravi, Bangalore May 18, 2010 2:22:56 PM IST Report Spam
Heading to 64.4, 58.45 or below?

Stop-Loss 81 or 78 at least


If you don't put stop-loss, then don't trade. As simple as it is. Who told you to trade intra-day without stop-loss? If you don't put stop-loss & keep holding it despite knowing its fair value, then whose mistake it is?

Please explain why you did not made any profit on that day. Why you lost? Is it my mistake or your mistake?

SJVN has dropped today. At some level, investor need stop-loss & may loose 10% - 15% at worst case. So what? Have I promised you to folow my opinion? Have I assured 100% profit? However, most of my calls have given decent profit. As you have vested interest, you are only interested in pointing faults.

You need confidence to give your opinion in this forum. Do you have such self-confidence in your investment style? If yes, please give your comment about SJVN, Tarapur or even for any other stock that you like.

If you give your opinion, I can comment. You are only pointing mistakes, simply because, you don't know to give your opinion.

It is very unlikely that Aster IPO will subscribe .9 time, most probably it will get withdrawn

Mr Ravi,Do u remember about Tarapur transformer post.You asked to buy at 90 giving some fancy targets.Where is it now?Innocent people will not put stop loss like you experts.

Ravi,Haa Ha SJVNL dropped 4 percent today.Ntpc dropped only 1.5 percent today.lets see after 1 year where both shares will be.Edelweiss went up due to Bonus & stock split .I have nothing against you.There is nothing to be jealous about you & only pitying those who follow others advice blindly.

Dear Ravi,
Pl. share your knowledge with Chittorgarh community.Let others post comments. Your messages,comments on IPO are very useful and have depth of subject knowledge.

Ravi, Bangalore,
Stones are thrown only towards trees that bear fruits. You are one such "fruit bearing tree". Don't worry about the comments and keep going!

IT

IS A

OPERATOR

BASED I P O

GOOD RETURNS

ASSURED

.

28. Ajayghosh

This is my recommendation about Edelweiss when Mary asked. I asked her to shift to some other beaten-down A Group stocks for long-term as her investment horizon is not short-term.

Edelwiess 420- Target 433 & then 440-450 zone. Hold with stop-loss of 395.

It might have gone beyond my expectation. However, is it profit or not in case you have acted on it?

I did not give her third target because I thought it won't reach third target this month (75% scripts won't reach third target).

Hathway stopped-out & forget about that. For IPOs, my rule is to exit at the first opportunity when issue price breacks.

Every dog has its own day. Its day will surely come.

SJVNL is worthless as per your opinion. My opinion it is good investment for 12 - 18 months horizon. However, for short-term it is range-bound.

This is not I & you argue & fix value for SJVNL. Wait for two or three quarters, market is the better judge.

You short SJVNL & long NTPC & become millionaire if you disagree. Who will stop you?

Importantly, you don't make any investment as per my opinion. Do your own analysis & invest. I just gave my personal opinion as she asked me.

When any scrips underpeforms, you will comment. Similary, when my recommended scrips outperforms, will you share your profit with me? It is out of sheer jealous you are commenting.

Will you please recommend any stocks in this forum? I will watch closely & then, pass comments.

Make healthy comments & point-out mistakes but not jealous comments. Do you have any benefit if I stop giving opinion in public forum? Just ignore my comments. For most comments, I am doing the same.

agar aapko ASTER SILICATE main 112/118 ki rate main phansne ki bajay aap 20 MICRON @40/ PAR le sakte ho. Halanki dono company hi chor hai

Also it seems like that on the higher price band it would be trading close to 25 times. They say that there are no peer companies listed. This seems like a must avoid. Their EPS is 4.41

RISKS / MATTERS OF CONCERN:




Basic raw material constitute major portion of cost of production in the chemical industry. Indian chemical industry uses either natural gas or crude oil as feedstock for manufacturing process. The fluctuations in oil prices therefore affects the growth projections.


· The objects of the Issue for which funds are being raised have not been appraised by any bank or financial institution.


· The company is yet place orders for Plant and Machinery aggregating Rs. 744.99 Lacs.


· The Company has a negative cash flow in the past 5 years.


· Top five clients contributed approximately 80.90% of sales for FY 2009. High business risks.


· Company has no history of dividend payment.


· Company has history of related party transactions.


· IPO grade -2 by Brickworks, indicating below average fundamentals.




. Criminal case to the tune of Rs. 4.69/- lacs and excise case to the tune of Rs. 21.05 lacs has been filed against the company and arbitration proceedings to the tune of Rs. 371.07 lacs have been initiated by the Company against Gas Authority of India Ltd.


· The company has also revalued the fixed assets and increased the value by Rs 492.01 lacs in the FY 09.


RECOMMENDATIONS


Risks associated with the project / company are very high. The issue is irrationally priced. Investors are advised to stay away from the issue.

Are Virru,Hindustan copper is on unrealstic valuations. Stay away from it. When the FPO comes, it has to 3 to 4 times lower than what it is trading right now. Better not enter in counters like Hindustan copper and MMTC.

Oh Mary,
Wat for million thanks to Ravi,Bangalore.He asked you to exit Edelweiss at 420 now it is 520.SJVNL will not move anywhere in 3 years.NTPC is far better than SJVNL.He calculates fair value of 38 for SJVNL ,Ask him how he calculated 38 for SJVNL when no new projects will be there .He recommends Such scrap like Hathway which always is in loss.He also recommended another such IPO which I do not remember. Follow his recommendations on your own risk.

TULSIANJI PP. PL. COME OUT OF YOUR 'BILL'. WE VALUE YOUR RECOMMENDATIONS.WE ARE DIRECTIONLESS.PL.DONOT GET DISHEARTENED BY CRITICISM.WE PROMISE TO ACT ACCORDING TO YOUR ADVICE , IN REVERSE.

kostak rate of aster ipo is 1400/-....limited sauda taking place....

BUY HINDCOPPER (513599) @ 497-505 INTRADAY TGT 525 -546