Recent ipo''s like Laurus, Pnb hsg, Mgl touching 52 week high today. Only L&T group''s are underperforming. According to reports L&T group is planning to come with subsidiaries ipos. Whenever it comes exercise great caution.
i have purchased 100 @ 1045 too. Dont worry BSE not going to bankrupt. All good shares need some time to reverse back. profit booking by small investors are going on and this is the reason that the price is coming down. There will be reverse at 1000 level. Buy more at 950-1000 levels.
Now we have dec 16 reults on cards(dates r not finalised yet).So looking at first place ....
If u see dec 15 result and compare with sept 15 results then u find jump of 80% In PAT...
now We hv sept 16(quarter ago)PAT i.e 76 crs Now take jump of 40%(which was ago 80%) i.e 106 cr
Now compare with YOY(dec 15)results....
U will find 100% jump in PAT(which r going to declare soon)***
Even 50% jump in PAT can active punter and. Hence price .
Concl......
if u sold BSE at higher price or looking for fresh entry ....u might prefer till 1000 in 2 lots(with or without SL of 980) for Atleast FD return(in my opinion).
1418. CLD| Link| Bookmark|
February 5, 2017 8:30:04 PM
Top Contributor (500+ Posts, 100+ Likes)
More appropriate saying to speculative writing is that "Don''t count the chicks before they are hatched"
Yes. Also don''t count the number of kids before marriage (except in case of family planning)
1417. CLD| Link| Bookmark|
February 5, 2017 8:10:46 PM
Top Contributor (500+ Posts, 100+ Likes)
Speculative writting where ifs & buts are used are of no use. There is an old saying अगर चाची की मौंछे होतीं तो वह चाचा होता । Can this saying be ever true.
Sir there r no such Expert avilable in whole universe which can give sureshot call as you expecting.
All mkt works only on Ifs/buts/assumptions/expectations/financials/shareholders/gamblers/big cartels/mfs etc etc..
If one''s expecation meet he''ll buy and if others not he''ll sell,,,, hence This vicious cycle on and on and on.... .. Player may change not game.
1417.2. CLD| Link| Bookmark|
February 5, 2017 8:41:23 PM
Top Contributor (500+ Posts, 100+ Likes)
You are wrong gamble. Serious money is made after serious thoughts only. Market always gives you chance to pick up good stocks at cheap levels. You have to wait for that.
1416. CLD| Link| Bookmark|
February 5, 2017 7:53:41 PM
Top Contributor (500+ Posts, 100+ Likes)
Eagleye, septa & all experts
All of you are experts in analysing the fundamentals of a company but don''t you think that every analysis finally revolves around the price at which IPO is launched. Why waste time & energy till price is announced.
Till a new IPO is launched, your experience can be of immense help in secondary market which cannot be discussed in this forum.
I have formed a whats up group for serious investors only. No intraday discussion is allowed. Your knowledge can help hundreds of investors in this group in their decision making. My motto is to help others & I hope your motto is also the same. I am a retired person 70 years old.
All of you are welcomed to join the group. Can find details in my earlier post by clicking on my name, CLD
1414.4. Septa| Link| Bookmark|
February 6, 2017 9:07:31 AM
(4000+ Posts, 4600+ Likes)
nice
1413. Eagleye| Link| Bookmark|
February 5, 2017 6:22:08 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Dear Uchit Patel Sir,
I refer your earlier posting .....
Uchit Patel Feb 5, 2017 5:58:05 PM IST Why rate 290 ? It becomes P/E about 50. If we compare other country''''s listed peers - world''''s super market giant Wal Mart is at P/E 14, Target at 12 and Costco at 30." . . . . . . .
I appreciate you concerns of 50PE ... Based on price of 299(max possible) divided by 5.72 (which is the EPS for FY 2015-16)
However, before we compare with the "Firnagis" such as Costco = 30PE & Target = 12PE ... I would suggest we compare with "Indian" peer group ... Kindly help us by giving us the PEs of Future Retail & Trent Limited ...
1413.1. Eagleye| Link| Bookmark|
February 5, 2017 6:29:41 PM
IPO Guru (6600+ Posts, 21900+ Likes)
I shall also request you to help us all by kindly comparing the "EBIDTA Margins" and the "Growth Numbers" for past 3 year ... of the following companies as the appropriate peer Group.
India Peer Group (as mentioned in the DRHP): Future Retail & Trent
American Peer Group (as you): Target Walmart Costco
As an investor I always study all aspects of the company. As we compared P/E of world''s listed stock market during BSE ipo to find fair value then what''s wrong to compare D Mart with international listed peers. In India super market culture is not much popular, I saw downsides of Easy Day, Central Mall etc. Even Reliance Fresh is not much successful. I have more concerns because P/E ratio is almost double or more than international listed peers.
I am more concern because asking P/E is almost double or more than international peers. If P/E is higher by 3 to 7 then I can study growth, CAGR etc. Here asking price is totally wrong, no way to waste time. For example BSE comes with fair price compared with international peers. Listing is also comparable with international peers. Though after listing operators took price higher for some time but at the end we know the result. BSE didn''t sustain at higher price and closed at reasonable price.
1412. Eagleye| Link| Bookmark|
February 5, 2017 6:06:22 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Avenue SuperMart IPO
Tentative Date of Issue – 22nd February 2017 (Market Information) Pricing likely to be @290 +/- 10 (As per my calculations)
Issue Size – Rs.1,870Crs. (on Page #59 of DRHP)
Restated Consolidated Diluted EPS: (on Page #93 of DRHP)