Dear Ammubutter....I sincerely hope all the allottees of this IPO make money today....I do hope it list at premium...But next time do your small and simple maths analysis to buy stocks. Don''t buy by others assumption and advice....That too from a forum member of one website...That website itself has not given any GMP for this IPO...... SUNOH SABKI KARO MANKI.......Hope u make money today....
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March 31, 2017 7:48:17 AM
(200+ Posts, 300+ Likes)
It will give a decent profit to all the allottees. Hope for the best. Wish you happy returns.
Q1. When would most of the retail investor enter stock market? A1. When market is all time high - Eg., 30th March 2017
Q2. When would most of retail investor exit the market? A2. When market is rock bottom, most retail investor would sell all shares and exit the market - Eg., Feb 2016
I used the word ''most'', cos there are some smart retail investors too.... :-)
Don''t worry all allottees friends it will list above 600 may be 650+ because of Shankara who had not applied spread rumour for Discount but it will list 650+ n go to 700+
Never seen so positive person like you.....All the best to you...Hope u get what u want tomorrow.....Do pray because only God can help you with this IPO....
Sidharth Sharma: CL educate Copied 😉😉 My expectations of Listing price:
A) Some interesting fact: 1)due to T segment listing , there was no fancy in Grey market for this IPO and hence response from NII and RII was unimpressive. 2) Many believed that this IPO will list in negative ( down by 10%) 3) Whereas some other investors are hopeful of this IPO getting listed at impressive premium. 4) Kotak Mahindra Capital is the lead manager and it has fairly good track record. Out of its recent 65 IPOs, about 50 IPOs have shown positive listing. However among negative listing IPOs, we see the names like L and T Info, CCD, HCG, Bharti Infra, etc.So even Kotak has failed to generate positive listing even in Strong-Brand-IPOs.
( So I know that estimating Listing price for this IPO is very risky)
This IPO: The Indian test prep market is estimated at Rs 378 billion, as of 2015-16, having grown at a CAGR of approximately 14% from 2008-09 CLE is a diversified and integrated technology-enabled provider of education products, services, content and infrastructure, with a presence across the education value chain.
The Market is highly Brand conscious.Wrong choice of Coaching Class or Coaching publication can affect ones entire career and so the sector has high entry barrier& and the Established company like CLE continue to get strong business. Its Consolidated EPs for the year ended on March 31, 2016 is Rs. 18.37. For the six months ended September 30, 2016, the basic EPS (not annualized) is Rs. 10.82.So for current year, I will estimate full year EPS of Rs. 22. NAV as on September 30, 2016 was Rs.214.27 & NAV as on 31.3.17 can be around Rs. 226. I will not compare this company with Zee learning, MT Educare Educomp, Career Point etc, since the business model of this company is all together different and it is very very sound and diversified business.
So I believe the listing price to be Rs. 550 on lower side, Rs. 580 median and Rs. 610 on higher side.
Note: The investor should consult his or her financial advisor and act accordingly.
I have not received refund amount yes but email received from karvy showd that they have alreday credited....plz guide me where to complian and how to do so..
Tomorrow listing ,1 IPO going to list in new year 2017/18 with 10% upside profit , 545 to listing price and high 572 low 472 trading range.. enjoy listing
Sometimes market pundits really surprise me when they keep on pushing negative views on stocks very prominently while many of them subscribe to the very same stocks in the back end. SPAL is a good example of this phenomena.