278.1. Adv Sarin| Link| Bookmark|
March 26, 2021 9:21:20 AM
Top Contributor (200+ Posts, 100+ Likes)
The question is where the Dip will end, otherwise, there are so many good value shares to pick where no long-term investor has ever lost, irrespective of the rate he entered. This I am telling you with my 42+ years on & off experience in the share market. As per me, there are two types of shares one for good Dividends and the other for appreciation. Few can give both. In first you can think about, GAIL, IOC & PFC, in second category you can wait for further fall & pick HUL, SUN PHARMA, RELIANCE, BAJAJ FINSERV/FINANCE in 3rd Category can consider TCS/INFY, HCL, TATA CONSUMER & WIPRO. lists can be too long, BUT I have quoted only the safest of all although I am not a financial advisor, so use this information to do your homework to take final decision. But my advise is stay away from shares with weak financials unless you are a full time speculator.😎😎
278.3. Adv Sarin| Link| Bookmark|
March 26, 2021 12:46:09 PM
Top Contributor (200+ Posts, 100+ Likes)
Maybe as on today, Kotak got more potential than even HDFC. Although HDFC is good but I feel the best to grow is IDFC and the best to speculate is Yes Bank. The best among PSU banks to speculate is the Bank Of Maharashtra. There are hundreds of Good stocks, all good but any one of them can go sideways except few I have quoted.
Thank you Adv Sarin... Most of the mentioned stocks are already in my portfolio and they are doing well as bought them 2 years ago and was keep averaging in dips. Thanks Rohan sharma
Applied 1 lot. Looking at long-term growth as I don''t have a food-based stock in my portfolio. Definitely not a multibagger with this price but a decent upward can be seen especially with so many competitors coming and going.
Filled via HDFC ASBA for the first time. Maybe I''ll go to Barbeque for lunch this weekend.
IPO will anyway sail through as overall IPO is already fully subscribed. Company just need to get 0.9X subscription in QIB category for their IPO to be successful.
Still question for all of us is.........do we want to invest in this company @500 per share??????
Fundamental analysis serves to answer questions, such as: # Is the company’s revenue growing? #Is it actually making a profit ? # Is it in a strong-enough position to beat out its competitors in the future? # Is it able to repay its debts ? The answer to all is big ''NO''.
In 2018 Rakesh Jhunjhunwala Bought Share of this Company at Rs. 832/- . In December company gives shares to its promoters on Rs .295 . And now price is Rs 500/- .. This is too much differences ... It means Shares of Rs 832 goes to 500 in 3 Months .
As per the RHP (pg no 104), they did the stock split in 2016 while Jhunjhunwala bought shares in 2018, so wouldn''t the face value of shares that Jhunjhunwala bought be Rs 5 as well?
Pre IPO sale of shares worth 150 Cr. @ 252 to Jubilant just 3 months back. Now IPO price is 500/- .
I feel 100% listing gain is already adjusted in offer price.
268.4. Adv Sarin| Link| Bookmark|
March 26, 2021 12:41:33 PM
Top Contributor (200+ Posts, 100+ Likes)
In reply to your comment, I will just quote what Mr. Jhunjhunwala said to Economic times person "My strike rate is not high. I would have made 20 private equity investments by now, but 10 of them would be duds, dead and written off,” the Big Bull told market veteran Madhu Kela and ETNOW’s Nikunj Dalmia at the Times Network India Economic Conclave 2021. So unless we have money patience & resources like him, we should avoid following him just on one of his many ventures. 🎃🎃
Read more at: https://economictimes.indiatimes.com/markets/stocks/news/half-my-private-equity-investment-turned-duds-rakesh-jhunjhunwala/articleshow/81686639.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
267.2. Learner SK| Link| Bookmark|
March 26, 2021 12:18:05 PM
Top Contributor (1000+ Posts, 200+ Likes)
We can expect some withdrawal in RII category after Crafts, Kalyan and Suryodaya discount listing. Anupam discount listing was not expected as there was some movement in Grey. Kalyan, Suryodaya, Craftsman was expected (few so called experts told Craftsman will be a dark horse). Same looks like for BBQ.
whoever want allotment just put application in NHI and enjoy the party of BBQ, retailers are putting multiple applications some times they dont act smartly.
I didn''t apply for Kalyan. I didn''t apply for Suryodaya and I will not apply for BBQ. Risks overweight opportunity for sure. Even if it opens at premium, i won''t regret. One coconut in my hand is more precious for me than 10 coconuts on the top of tree. who knows, mai nariyal nikalne ke liye ped pe chadhu, to mera 1 hai osko bhi koi bhaga ke na le!!! Finally one has to make his own decision.
Brands are built to fetch values...its marketing!!! But underline business attached with the brand is important...when business is flourishing brand flourishes. Other wise it is of no value.
I remember Grant Thornton had valued the Kingfisher brand at Rs 3,406 crore while another report by Brand Finance had valued it at just Rs 1,911 crore. You know what happened to it.
So when popular brands approaches primary markets for IPO, don''t be mesmerize with the brand. See underline business prospects: be it present or future!!!
post listing market will show true face of BBQ valuation, 252 jan 21 share allocation and now asking 500, still i could able to digest if they priced it around 350.
Is there any justification of Barbeque asking for double price (500) in this IPO of approx 450 Cr. after selling 150 Cr. Shares at half the price (252) just 3 months back in Pre IPO to Jubilant Foods?
despite of discount listing ( Kalyan, SSFB, CraftsMan, Anupam) , negative trading ( Easy trip) , RII are still fancy about these themes . it is advisable to avoid this IPO
263.1. Learner SK| Link| Bookmark|
March 26, 2021 12:18:57 PM
Top Contributor (1000+ Posts, 200+ Likes)
@Akula - Pl post your earlier prediction on Crafts and Laxmi.
I have applied in this IPO on first day but afterwards due to weak listing gains in others IPOs. I cancel my application but my application amount still blocked... What should I do now. I was applied through ASBA net banking
It may get unblocked immediately or may take upto 7 days, it all depends on bank. It you have cancelled your application before time limit, there will be no allotment and no deduction.