Last Year due to Demonetization all Microfinance comapnies like Ujjivan,Equitas suffered with their NPAs and profit growth with making Provisioning to increase impacting margins and profitability. But AU is a strong Management with strong groth prospects and did not showed any impact of demonetization in their results with profit increasing by whooping 47%.
Hence with 2 Quarters gone after Demonetization and with Public sector banks in Mess, AU looks promising increasing their hold and showing minimum 40% growth in profits in next 2 years or so.
Also with 6 months gone by September 2017 most of Companies will start trading at FY19 PE estimates. Hence logically and fundamentally considering a PE of 35 on FY 19 EPS of 21 gives Price of Rs 735 easily by December 2017
Note : I am giving PE of 35 since company set to grow 35-40% CAGR easily with low base.Hold on Guys dont sell on Listing wait for 6 months and see the results.
Now RII have increased target to 400 both for cdsl and tejas....!! Good.
Tejas, cdsl both up 40% after listing. .nice.. Very good..
Mazza to tab aaya jab gtpl also up 5%.
@330 CDSL PE 37+ @350 tejas PE 38+
......if u brought after issue open or holding ipo share.. Then it''s okay. Congo.
...but it''s seen that people buying it for 10/20 rs intra gain with hugh quantity. Or short term gain.. And actually got without fail ....(
this reminds me when ujjivan and equitas on their glorious day.. ..like
...when ujji @250 ...say target 350 ..when @350 ..target 500...when 500 target 650+... ..when down to 480 ...abe yaar investment share hai. . Buy and forgot ..nifty bhi to down he na aaj.. ...when down to 400 ..abe Yaar roz roz price mat dekho. .long term hold. ..when below 300...fasa diya na yaar ne :-(
Sir , please mention CCD, QUICK HILL,PCL CAM, Here many expart given many valuable suggestion about above stock ,but finally all wr failed n exparts r erased their advice to clean there profile highlight. Many exparts take credits when he or she was r8 and paste here old msg as proof,vis a versa never seen in this board , Arup. Gamble ji u r most favorite n helpful for me . Again n again thanks
Ur analysis 1.RBL eps15 price525 AU EPS 12,price 480....why higher Pe to AU
2.RBL profitability after investment in SLR n CRR
3.AU just started rolling out branch but RBL will open incremental branch as per business requirements so investment higher for AU n branch n Manpower both.
Bull Mkt can make analyst look like a fool..... I don''t mind that being one!!!!!
961.2. NPT| Link| Bookmark|
July 8, 2017 8:09:03 AM
(200+ Posts, 300+ Likes)
1. PAT of RBL is increasing quarter after quarter. 2. But, it''s CASA per centage is very low. 3. NPA has increased very rapidly at almost 50% rate during the last 3- 4 quarters. 4. The share price has already increased by 80-90% during the last 6-9 months. It means all positive factors about RBLhas already been factored in its current price. I therefore believe that AU Financiers is a better option at this point of time. Let us hope for a bumper listing on Monday.
961.3. Pandit Ji| Link| Bookmark|
July 8, 2017 11:45:53 AM
Top Contributor (400+ Posts, 200+ Likes)
Comparing it with RBL is wrong, compariosn should be with Ujjivan and Equitas
GMP over 140, Bumper listing expected on Monday. Target 750 + by 2017 end. Congratulations to those who got the shares. Good shares to accumulate in each drop for long term gain. :)
Reason :SFB Conversion –🅰U will now have to invest in low yielding government securities and spend money on opening branches. Currently the Company in FY2017 has opex of 350 crores and the company has guided that the opex will increase to 700-800 crores in FY2018.THis will hit the EPS from 12 in FY2017 to less than 10 atleast in FY2018, but it will get back to 12-13 in FY2019.
If Grey Markets are Right and the company list at 100/Share premium, the stock would trade at 6x FY2018 P/B and 50x FY2018 PE. So believe it would be a Great Sell at 450 and Fair value of the Stock at less than Rs. 400.
@Nidhike ji...pls enlighten us more abt RBL bank Wat ll b the increase in book value after preferential issue of shares? Wat is the expected book value @31.03.18?
After preferential issue Book Value around Rs150. Book value at Mar''18 Rs170 expected. Trading almost 3x book value which is very reasonable considering its growth n book quality.
Remember, quality shares are available costly, and will be remain costly forever. Example: Bajaj finance, RBL BANK, DMART (Still ppl waiting for correction in DAMRT, but it going up n up)
AUsfb in my view it''s hv great fuel to go up , before Diwali if. In market no any other quality ipo tn it may be touch 600 in Diwali.
951. Rafiq| Link| Bookmark|
July 8, 2017 12:50:02 AM
Top Contributor (400+ Posts, 400+ Likes)
I have applied for maximumbl retail lot of 2 lakhs rupees share but got nothing. But from my family members account got 1 from 5 lot. So it is purely on luck basis.
RBL is not safe for new investment because some news r flow in CNBC that they r not mention RBI rule to calculate theirs NPA. So it''s must go down in next 3,4 trading season. ,👇👇👇👇be careful n enjoy
Over subscription me possible nahi hai ke 2L ki application fully allot ho. Registrar ka main aim ye hota hai ke zyada se zyada PUBLIC ko share mile. Yehi 2L se agar 13 alag alag pan aur demat account ki application karte to zyada allotment milta.
This IPO had oversubscribed by almost 4 times. You will not get more than 1 lot in such cases, you should be happy atleast you got allotment. To get more lots, you need to apply through different applications. 2 Lakhs in one application doesn''t work.
948.3. P M| Link| Bookmark|
July 7, 2017 10:27:38 PM
(1100+ Posts, 1100+ Likes)
1 Lot = 14678 Rs. How you got shares worth 16000 ?