Bikaji Foods International Limited IPO Message Board (Page 15)

Let's assume Paytm turns profitable and delivers an eps of 1, would u buy A company with a p/e of 650?... mostly answer is No...
You are in a huge loss and same thing happened to me in cartrade.
It's better to leave and save what's left because once a stock is psychologically blacklisted , there's difficulty is breaking out.
FIIs have grabbed 77% shares which is huge but if you hold or buy, you are now making profit for someone else over a company that i believe will never turn profitable. I'll invest in vedanta over paytm, atleast dividend toh milega.

@Monster, thanks for your view on PAYTM. I am going to incur heavy loss. but, i agree to the point that there should be some buyers after 85% selloff

I firmly believe FIIs will hold and create stock scarcity for paytm, currently paytm has nothing to offer to India's audience, whatever it was thriving on has been replicated and improved for user experience by other giant players.
The only unique thing paytm has made is the sound box you hear after paying at a grocery/ small store.
It is also being replicated by phonepe, so where does paytm stand now??? Lost and tangled.

It is my firm belief and many great investor's have also repeated the same thing, what you use in daily life is the what you should buy in the Market.

I drive a Tvs but I didn't buy tvs when it was 580 few months ago, now i regret. Sometimes we neglect the gut instinct and become fearful from the market. I knew tvs has a great EV product and a solid and stable line of products but i never took the risk because of past chart. Could have doubled my investment.

@ monster bro , have u purchased tgv at current lower rate ? What's ur view for short to medium term... thanks

PayTM has an equity base of 64.86 crores so a profit of 64.86 crores will mean an EPS of 1. PayTM will really have make a profit of 2500-2600 crores and even then at the issue price, it would mean a PE of 50. At the current price of 650, a 2500 crore profit would mean a PE of 15. I think PayTM is still grossly overvalued.

@Divyang ito..i have been moving here and there from past 1 week, so haven't paid attention to buying and selling.. currently holding syrma, Harsha, and dreamfolks In huge qty.. only minor loss is in syrma. Cash trapped due to IPOs, will place order for tgv @131 on Wednesday to see if it re-tests it's support... hopefully should bounce back to 170..if results are good then you'll see a new high around 195-200

Also. Paradeep will tank to 54 soon ..brace for impact

Ok monster bro ...thanks for reply ....so due to bad result ...Paradeep will reach 54 .. it should be bought there ? I already bought it at 61 ..will average it at 54 then .....

Use SIP GTT ORDERS to accumulate on monday and further fall.
Double the qty for every 2 Rs Fall.
58-1
56-2
54-4

Ok bro thanks for Paradeep advice . I used this technique in tgv sraac though ... Sold share at 172 . .. now got 750 share at 145 ... Buying at every dip

@monster zero, I have hold 2lots of PB Fintech from IPO, please suggest hold or sale. Thank you.