Career Point Infosystems Ltd IPO Message Board (Page 46)

sorry gem

10 se split hoke 2 ki face value not 5

Are GEM BHAI

TU 2009 MARCH KI BALANCE SHEET DEKH RAHA HAI YAR

TAB FACE VALUE 10 THA PRICE 4800 THA BHAI

PHIR STOCK SPLIT HOKE FACE VALUE 10 KE JAGAH 5 HO GAYA HAI

EPS 23 KA HAI

BOOK VALUE 40

230 WHATEVER DIVIDED BY 5 TO 40 HOGA NA YAAR



Moneycontrol ke get quote ki jagah mein educomp type kar

phir educomp pe enter mar

Niche dekhna book value high/low PE diya hua hoga price graph ke niche


wahan dekh book value 40 ka hai

Regards

Setu

Sj,

I know you will not post your secondary market recommendation
here because some of borders are really shameless. They are applying after listening your advice but not admit it.
Thanks for your posting, this forum is alive only because of you all.

I don't know whether you are a stock broker or not but I know you and Gem are a great anyalist

Thanks once again
from all silent followers

sj,

as per mc its 221, see it in the last line of b/s.
it does not have accumlated loss, last yr its eps was 30, then how come bv at 40!!!!!!!!

check the link of mc or rhp of carrer point or website of educomp.


http://www.moneycontrol.com/financials/educompsolutions/balance-sheet/ES8

Dear Gem and Sj,
I am totally confused now. whether should I go with career point IPO or not. Your discussions are very fruitful to all. I am a silent listener of yours. I have limited money now and have 5 demat accounts. SJ, well done for SKS, I am holding 2 lots now booked 1 today @ 1401/- and 1 yesterday @ 1360/- and 1 on day after listing. Now I am admire of you. Now I am waiting for your advice for all IPO in september. I am from Kanpur, I know the promoters of Tirupati Inks very well. Its a clearly avoid IPO but after listing manipulation will be done. you frontier springs a listing co. form Kanpur and Ganesh Benzoplast both are all time high now. Kanpur based operaters are active. This is true and informed news.

GEM BOOK VALUE OF EDUCOMP IS 40 EVEN 46 IS WRONG

IT IS 40 GO TO MONEYCONTROL CHECK IT OUT

OR IS IT WRONG

WHAT DO YOU THINK...IS THEIR SOME ERROR..?

I AM ASKING TAKE A LOOK FIRST AND SAY...SOMETIMES ERROR CAN BE BUT MONEYCONTROL HAS GENIUNE FIGURES

Regards

Setu

SJ

BOOK VALUE OF EDUCOMP IS NOT 46 ITS 108.

66 @ Sam,
Nice to meet you, we are all sailing in almost same boat, I have started my sharemarket last october and lost around 10K and got that amount in IPO's, this year also I have same kind of loss and recovered in IPO's, my policy upto now is to exit on opening day of IPO, otherwise I have earned an handsome gains, if I kept godrej properties, jubliant, arss and other shares I should have earned atleast 20000 more profit. Now I started waiting for some term, my long holding upto now is engineers india from IPO, holding 35 shares from IPO.

My final analysis on Careerpoint is

Avoid it

I have advice my clients to book listing gains

I have dropped my plans for advising for long term

After further analysis

I just got the report from my analyst colleuge

I am going for Eros and Wabag

Regards

Setu

I have done my detailed analysis on Careerpoint

I am just saying that this is high risk high gain

But future of this sector is good

Thats why i have picked its substitute in coaching space that is already listed

Regards

Setu

As per anlysis from "First choice ipoanlysis" it is AVOID
milinds

Dear GEM

Educomp and Everron trade at 23 and 20 PE currently as per CMP

Book value of educomp is 46

Book value of everon is 136

Educomp revenues have declined quarter on quarter since march 2010 in june 2010.

Sales of Everron have also declined last quarter

Thats why they are trading at low PE.

Educomp was trading at 70 PE in 2006-2008 coz its growth was 100% CAGR when it was small cap.

Now same growth rate is not there

Careerpoint is only pure play in coaching and Higher education franchise model that it is further diverging into

Agreed PE of 31 is also not justifiable but it is not overvalued on Forward PE

I will post it and explain why..?

Anyways

GEM what about Va tech .

It was slated to come between 17-20

But i am not still able to find application form

DO you have any idea...?

Regards

Setu

yes,srini,
u r correct SJ, Gem r doing really incredible job.
I am able to gain more knowledge from their posts.
I am also knew to market and very confused to pick stock in secondry market. That’s why I concentrate on primary market.
I am investing in ipos past 1year and not sold even single stock till now. My portfolio is 38% Up.

Dear Shreedhar and Gem

I have not applied personaly to this IPO

This is high risk high gain IPO

But jubiliant was also high valuation..?

Talwarkar also high valuation..?

Why..?

People are discounting 2012 reults in Jubiliant Food also

Jubiliant's current market cap is at par with its PARENT which has presence in so many countries

Careerpoint also got investment from Institution and sold some stake.

I think market will give value to its expansion plans just like they gave talwarkar and Jubiliant

Although line of business are different

But theme is same

1)Consumption

2)Huge demand supply gap in their sector

3)Future revenues will enter high growth phase

4) Massive expansion plans

5) Franchise Model

Dont look at PE look at forward PE to Growth Multiples or PEG also.

Thats why i have adviced my clients to invest for long term apart from tyhe other listed player in this sector.

May be in short term gains may not be spectacular or may be they will be just in case of Jubiliant or Talwarkar.


I will buy it from open market if it opens at mad levels just as i did in case of Talwarkars for short term gains.

I will be posting forward revenues and projections based on some reports by averaging out my estimates with report recieved from my analyst freind who is research analyst at the institution that invested in careerpoint recently just as i did in SKS and GPPL tonight.

Only then i can completely be sure of wether to invest or not on IPO listing date by buying in open market.

Regards

Setu

FRESH LOOK AFTER PRICE BAND.

CONCLUSION AVOID !!!!!!!!

PAT FOR FY'10 = RS.17.8 CR
NO OF SH POST IPO = 1.81 CR
POST IPO EPS FOR FY'10 = RS. 9.83
POST IPO BV FOR FY'10 = RS. 136

SALES AND PAT GROWTH IN LAST 3 YRS IS AROUND 25% AND 20% RESPECT.

ITS ASKING PE IS 31........

PEERS EDUCOMP AND EVERON ARE MUCH LARGER TRADES AT 18 PE

ITS NOT A IMPRESIVE FINANCIAL.
CONCLUSION AVOID AS FAR AS POSSIBLE BECAUSE OF TWO REASON VALN AND SIZE OF IPO.

I WILL ALOCATE LESSER IN THIS IPO THAN PLANNED.

Dear Toshniwal

You are right

There success rate is less than IIT

But that is because Bansal gets brilliant students only and those who do net get admission their go to careerpoint.

Even i tried for Bansal coachin in class 10.

I did not get through

So i dropped my IIT plan

and took commerce.

Bansal is the best

My Masi's son passed IIT from Mumbai after studying from Bansal in Kota.


I know that. But its not that carrerpoint coaching is substandard..!!

And just do not look it from point of view of coaching classes

it is expanding into other places as well

Career points entry is relaxed...!! So cream students do not go there only people who do not get in Bansal go there

Batch strength of Careerpoint that's why is higher.

Coz demand is there for people to study IIT.

Say for example you do not get into IIM Ahemdabadh coz your percentile is 98.9

The person above you who got into IIT got 99 percentile

That doesn't mean that 98.9 percentile guy is inferior to 99 percentile as far as intelligence is concerned

No of institutions in India is low and demand is more

Thats why government has included higher education Public private expansion for universities and technical education.

If you go abroad there are ample universities and alternatives for higher education

There student to university ratio for people giving GMAT is 1:100 or even less

In india that ratio is 1:1000 coz there are not enough good and ample no of colleges

Why should a kid struggle so hard to get into a college..?

Good quality education should be given to all

Yes you can argue that top institutes take top students

But no of top institutes are also low in India

Thats why we have shortage of good quality Doctors in hospitals

Shortage of ample no of lawyers coz law colleges are less and court cases are solved in 10 years and even in lifetime of a victim.

Why should only so called elite students get oppurtunity for good quality education..

People who are getting 90% are no way inferior to people who get 95% in class 12

But no of students getting frustated getting depression and some of them commiting suicides for not getting into good colleges even after getting 90%

That is shame..!!

No way are those people inferior..!!

I think there is huge demand supply gap in higher education sector and it will enter high growth phase in coming 5 years as India goes from 1 trillion to 2 trillion dollar economy and younger population turns more into middle class from lower class due to higher per capita income.

@ Sam

It is not core projects that i have analysed and send to Gem

May be gem will tell you

Regards

Setu

Thanks Sreedhar

The IPO list is huge and the available amt is limited.
Plz suggest the priority order for these IPO

Thanks again in advance

55 @ Sam,
Its not that, according to GEM it is trading at 52 weeks low, but core projects low is 148 and not its trading at 287.

ToshniwalJi,
Hearty congrats on your Son getting such a good rank in IIT.Yes regarding IIT Selections it has nothing to boast about.In our State Narayana,Chaitanya etc garner more than 25 percent of ranks in IIT.So regarding coaching its not great shakes compared to several available coaching centres.Thats why I said it has 0 chance of getting an entry into south.Its main growth engine will be higher education & Its hoping to set up some Universities but that will be reflected only after 2012.So we should wait for that much longer.Till that time it will grow at 15-20 percent & its demanding 28 PE for expected growth after 2012.

SJ,

GOOD REPORT ...........

PRICE IS ALSO VERY LOW NEAR TO 52 WEEK LOW.
INITIALLY I WILL BUY AROUND 2-3 THOUSAND SHARE, AND LATER ON MOOVE TO 5K, WHEN MONEY COMES BACK FROM RECENT IPOS.

I DONT THINK MANY PEOPLE KNOW ABOUT THIS CO, IT CAN BE A TRUE MULTIBAGGER IF HELD.

Dear Setu Sreedhar and Ravi

I am not very optimistic about Carrer Point. Infact the brand image of this company in respect of coaching is no good. They hardly have selections in IIT. The average students joins the coaching classes at carrer point. They focus mainly for AIEEE and other exams. Even they don’t have good number of selections in AIEEE.

Here I would like say that Bansal Classes, Resonance and Brillient Tutorials etc have their own brand image. These institutes mainly focus on IIT only. You will be surprised to know that Bansal gives result around 24% selections in IIT and Resonance around 20%. The total selections from Jaipur and Kota center are more than 2500 ie one fourth of total available seats in India. I personally know the management team of Bansal Classes running center at jaipur. Here they got 246 selections out of just above thousand. The result at jaipur was just above 23.5%. This year my son also obtained All India Rank 208. He too was studying from Bansal jaipur. His entire batch of eighty student was selected except one student . The top faculties are very highly paid even 25 lac and above. Bansal classes never publish their AIEEE result because almost every student gets selected. Their students are mostly selected in Olympiads whether it is physics Olympiads, chemistry Olympiads, math’s Olympiads or astrology Olympiads.

I think Carrer Point stands no where in respect of image/ result/ selections in IIT etc . Although their franchise model is definitely giving good revenue model. Please analyse considering all these facts and suggest………………..