Hold PNBHF with a stop loss at 791.65. Chartically it has very weak chart formation. Resistance 1 at 850 Resistance 2 st 880 Resistance 3 at 900 Many people here are waiting for 500+ rate in laurus. But if you want to sell then sell around 485-490
BSE IPO will be between 23rd to 25th of Jan 2017 but it will be listed most probably on 2nd Feb 2017. On 1st feb 2017 Union Budget will be declared by our FM. The premium price as available in Grey market today may be different on listing date due to Budgetary effects. Investors must take into account this risk factor while investing.
86.1. ShareView| Link| Bookmark|
January 10, 2017 1:47:25 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Listing on 3rd Feb. In the budget , FM may change the criteria of long term capital gain from 1 year to 3 years. Negative sentiment from the taxation point of view.
This news of Change the criteria of LTCG from 1 to 3 is already in the market so must be discounted till listing date. I am worried about any new change which may add on to negative impact in business & flow of funds.
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January 10, 2017 3:00:15 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Another taxation factor which is also discounted is STCG tax from 15 % to 20 % & rest of the things regarding tax has been cleared by PM during the opening ceremony of IIX & vibrant guj. at gandhinagar .Today mkt react +vely.Still bgt is bgt & we have to wait & watch till 1st.Any unpleasant surprise will be reacted on next day before listing.Not advisable to apply aggressively but within min. lot limit.
🙏👍
86.4. Eagleye| Link| Bookmark|
January 10, 2017 3:13:27 PM
IPO Guru (6600+ Posts, 21900+ Likes)
BSE IPO
Listing expected to be around 07th February +/- 1 day
Seems like bottom has been formed in Ujjivan around 300. For 12 months target will be 400 for me. Results will b interesting though....u can buy in tranches. 25% each time
Now we have more financial data and price band. Financials: (In Crore) 2012 – Income – 402 2013 – Income – 338 2014 – Income – 332 2015 – Income – 439 2016 – Income – 515 2017 (June) – Income – 142
We can see clearly from these no.s that business is completely depends on economic condition. No growth model. We can see in 2012 income is good because of Chidambaram came as finance minister second time and we observed some momentum in economy and stock market. Year 2013 and 2014 we don’t have much growth in economy or Sensex. Income of BSE decreased in year 2013 and 2014. In 2014 Modi government came in power and we see Sensex reached 30000. This reflected in BSE’s income of 2015 and 2016. In 2017 we have very good first two quarters but because of demonetization I have questions on income for quarter three and four. We have EPS for first two quarters to Rs. 19.72. I am not giving same EPS for quarter 3 and 4. I am predicting EPS for year 2017 to Rs. 35. P/E – 850/35 – 24.2 If we compare it with different stock exchanges of world, then it looks somewhat reasonable. Singapore – 23.25, Australian – 22.70, London – 42, Japan – 23.15, Hong Kong – 36, Deutsche Borse – 20.39. London and Hong Kong both exchanges are in top 5 of world in terms of turnover. P/E not excellent but good for investors.
I can predict listing gain of 15 to 20 % only. Business model is not growth oriented. It is totally depending on economy. Further price appreciation depends on economy growth. But when NSE IPO comes then we will see positive momentum in BSE stock price also. I think it is advisable to hold till NSE IPO. We can’t see sudden increase in stock price quarter by quarter. It will increase steadily like utility companies.
83.1. Eagleye| Link| Bookmark|
January 10, 2017 4:54:50 PM
IPO Guru (6600+ Posts, 21900+ Likes)
BSE Consolidated Financial Results for the Six Months Ended Sep 30, 2016
See Link here below http://www.bseindia.com/downloads1/BSE_Consolidated_Financial_Results_for_the_Six_Months_Ended_Sep30_2016.pdf
82.1. Eagleye| Link| Bookmark|
January 10, 2017 11:24:58 AM
IPO Guru (6600+ Posts, 21900+ Likes)
BSE will list ONLY on National Stock Exchange
It will NOT list on Bombay Stock Exchange
82.2. jajo| Link| Bookmark|
January 10, 2017 12:29:49 PM
Top Contributor (300+ Posts, 200+ Likes)
So that there will be lesser chances of manipulation of share prices and closer scrutiny of corporate governance
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January 10, 2017 2:03:05 PM
IPO Guru (2400+ Posts, 3600+ Likes)
Chances of price manipulation are more by its rival NSE due to its monopoly but will not do so because NSE IPO is also coming next month which will be listed only on BSE ! ! !
Ma''am, please share your view on PNB HFC (both shost term & lone term). I bought 1000 shares @900...Are you still bullish on this counter? Are you holding it???? Kindly Please please reply..... Thanking you in anticipation ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™ðŸ™