250 saal purani company ki income 2005 tak serf 420 million thi pichhle 4 salo mai 7 guna badkar 2820 million ho gai aisa kaise sambhab hai yadi company itni profit mai thi to promotor ne apne share 2006 mai FII ko kyo beche
it is not a cheap ipo it seems that promotor has been cook there books of a/c for this ipo....it is not posible that company income be double in last 4 year when all tour and travel agen are in loss
Reliance Power, NHPC(PSU) and Indiabulls Power have given very Less (Meager) Loss to Investors i.e. only 40%. By this loss SEBI, Promoters, Other Corp. Go. not happy. They are asking to companies to give more and more loss to Investors. Because, there is no any restrictions on IPO/FPO price. No SEBI, No Rule. In Reliance Power and NHPC 99.99% have told to subscribe. But what happen? Because SEBI and Promoters happy. Now, only that track will follow. No sense whether there is Grade 4 or Grade 5. Hence, this will be listing around 198/- - 225/- and Guaranteed loss up to 40%.
pichhale 245 salo mai cox and king increas his income only to 420 million at 2005 ansd since 2205 to 2009 it was 2800 million as showing in a/c 7 times increas ..jo compant 245 salo mai nahi kar paye bo pichhle 4 salo mai kar dikhaya bo bhi ressasion ke dor mai jago invester jago
Romeo, Main reson for Ibull debacle was the issue of bonus share by promotor b/w Annual Result & Public issue as I mentioned in my previous post.
"IndiaBulls Power is the prefect recent example of this kind of promoter greed. I hope almost everyone have read various analysis on india bulls power saying that it is available in discount to its peer with price about 2 of book value. But actually that was not the case,price was about 4 times the book value because promoter issued Bonus issue of 1:1 on 4th July after annual report & before public issue to create confusion. Now we can clearly see debacle of Indiabulls Power."
when all world is be in ressestion in last two year how cox and king increas his income let see ---2005 --2006 -2007--2008--2009 -420----631---969--1821---2870 million last two year income is increas very fast than 245 year income why it is and how it is happend all world is in mandi and cox and king making dewaly in last last year so think ..is company cooking some thing in his account to seen be cheper than thomas cook
all fii BID AT UPPER BAND IN IBPOWER IPO but at listing day no one ready to buy it at lower price WHY??????? sebi should investigate it how ibpower get subcription from FII same marketing strtegy is applying in cox and king
WHEN COMPANY PE RATIO WAS LESS THAN THOMAS COOK THAN WHY LEHMAN AND OTHERE WANT TO SELL THERE SHARE AT DISCOUNT PRICE....REMMEMBER THIS FACT SAME MARKETING STRATEGY HAS BEEN APPLY TO SELL INDIA BULLS POWER IPO . AND MAKE RETAILER FOOL PLS BYCOTT ALL IPO TILL SEBI IS NOT AGREE TO INVESTIGATE IBPOWER GHOTALA
dont be fool again PE ratio are any thing whole market is trading in discount all share has been loosing there shine i have purchase my porfolio when market was 13500 but now my porfolio valuetion is not matching with sensex performance simply funda ALL FII ARE AGAIN WANT TO MAKE US FOOL SO BEBARE
Cox & Kings is the longest established travel company in the world. Its distinguished history began in 1758 when it was appointed as general agents to the regiment of Foot Guards in India under the command of Lord Ligonier. By 1878, C&K were agents for most British regiments posted overseas, including the Royal Cavalry, Artillery and Infantry, as well as the Royal Wagon Train and the Household Brigade. The Royal Navy was next and in 1912, The Royal Air Force came under its wings.
Between 1750's and 1950's, Cox & Kings was witness to an exciting era in Indian history, and, in its own way, helped to shape it. In 1947, the British administration departed, but bound by strong ties to India, Cox & Kings stayed on and flourished. Today, Cox & Kings is a premium brand in all travel related services in the Indian subcontinent, employing over 800 trained professionals
Its India operations are headquartered in Mumbai and has the status of a limited company. It has over 12 fully owned offices in India across key cities such as New Delhi, Chennai, Bangalore, Kolkata, Ahmedabad, Kochi, Hyderabad, Pune, Goa, Nagpur and Jaipur .
The worldwide offices are located in UK, USA, Japan, Russia, Singapore and Dubai. It has associate offices in Germany, Italy, Spain, South Africa, Sweden and Australia.
The principal services offered by the company are:
if u r going to apply than remember the fact given below
Big investors like Lehman, Deutsche Securities & Merrill Lynch using this IPO to exit as much as 58.82% of their respective holding in the company. so think twice before apply for this ipo
75 Ramesh,I agree with you that P/E of Cox & Kings will be still on the lower side in comparsion to Thomas Cook.But Generally my prespective always remain that PE should be around 20 unless their is CAGR of 35 % in earning. In that case PE can change substanitally in 1-2 year time frame.
The point which I want to highlight was the Greed of promoter which issued rights issue that too with issue price equal to par value after finanical year before public issue to mislead people.
IndiaBulls Power is the prefect recent example of this kind of promoter greed. I hope almost everyone have read various analysis on india bulls power saying that it is available in discount to its peer with price about 2 of book value. But actually that was not the case,price was about 4 times the book value because promoter issued Bonus issue of 1:1 on 4th July after annual report & before public issue to create confusion. Now we can clearly see debacle of Indiabulls Power.
To me it seems that all greedy promoters have taken up this practice & fooling innocent investors. As most of the investors just look in to Annual information available on various sites & never look in to what all has happen between annual report & public issue.
Hai Bond. When you write something please provide the facts. Writing something vague will not be good for any one here. You are saying thomas cook has low floating stock.
Check BSE Site and share holding pattern for Thomas Cook.
As of Sept 2009, the Public Holding(which includes all ie FII,DII & general public) is 47,975,120.
Now Cox & King is issuing 18,496,640 Shares which means the public float will be 40% of Thomas Cook floating.
So now tell me why should not Cox & King command more PE as its public float is less than thomas cook.
According to your theory, Cox & King should command 60 PE ratio then.
Write with facts. Just writing that it is a waste IPO or good IPO will not be suffice and you are denying others opportunity to invest or take the right decision.
Let us provide the correct facts and then others decide. It is every one's own decision but every one has the right to know the correct things.