with due regards why so many requests for creating whats app group I think this forum is enough as in whats app we can control the messages and wrong news on any share creat havoc to particularly retailers so I think avoid whats app.
Eagleye ji Why don''t you clarify about the existence or non existence of whats group. Members in the forum are more then eager to take membership, as if money is being distributed in the group for free.
Comparison with Mothersum will not be beneficial as Sumi is a big player in 4 Wheeler Segment. However, Bharat Forge can be used to compare. Bharat is 150% larger than Endurance. If u say EPS 23.5 U Can ask for 30 PE. Remember Bharat Forge is trading 35 multiple. Fair Value comes 705.* Even on BV basis FR comes around 650+ * Fair Rate can only be calculated by Gupa (Mehul Mehta) A qualified CA
460.3. Eagleye| Link| Bookmark|
October 8, 2016 1:26:11 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Arjun Sir,
Bear in mind that Actis has exited 100% in this IPO and hence there is NIL potential PE selling pressure post listing
460.4. Eagleye| Link| Bookmark|
October 8, 2016 1:30:19 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Arjun Sir,
You have made a very valid point wrt to size comparison. Therefore, I have the following data for your perusal:
Motherson Sumi Systems >>> Total Revenue FY15-16 = 38716Crs. Bharat Forge >>> Total Revenue FY15-16 = 7780Crs. Rico Auto Industries >>> Total Revenue FY15-16 = 1021Crs.
Endurance Technologies >>> Total Revenue FY15-16 = 5275Crs.
Eagleye I know this. Even I blindly believe Actis. Whenevr they invest in any company they look around all parameters even Endurance is professionally managed company. They make investment in gold companies and make huge returns
So what''s the buzz regarding ETL listings In your circle.
Yes Sumi is the largest player in Auto Ancillary. Hence no point comparing. But would like to compare with Bharat Forge which is 150% larger in Revenue sharing. Endurance is growing at a decent pace. May hope for good return.
Hello all IPO leaders / lovers I have been associated with chittorgarh from a long long time ( year 2008 ) After coalindia in 2010 I did not aplly any ipo ...so its been 6 years. Finally i applied in I''Pru with 3 applications ...still stucked with 44shares*3. Also applied in Endurance with 3 applications on diff homies names. It will open in good green forsure ( i personally hope for Rs 90+ in few mins of trading ). I will keep on adding my expertise, news & knowledge going forward & will also learn from you all guyz. Big thanks & Regards ☺
i have applied 4 times in my account and 2 times in my father acccount...please tell me how will be the allotment..is there is chance to get allotment...eagle eye pls give your view
457. Eagleye| Link| Bookmark|
October 8, 2016 1:00:10 PM
IPO Guru (6600+ Posts, 21900+ Likes)
📞 Fii Dealers Desk Buzz And Rumors 📞
📞 Fiis Dealers Desk Buzz Is Many Fiis are short on Ashok Leyland and Stock may see 40 levels soon. Merger of Hinduja Foundries with Ashok Leyland is A huge negative.Fiis Viewing this Merger as Huge Negative for Ashok Leyland.
📞 Talk Within Fiis dealers Is Godrej Industires Has reversed From levels of 460 and can see levels of 380 Soon. A good Fno shorting candidate.
📞 There were Rumors of Mahindra cie automotive buying Assets of Amtek Auto. Both Companies have denied This Rumor. Be cautious Both stock can fall heavily from here as Rise in Both stocks was Just based on Rumor. Fiis Dealers say That Mahindra cie automotive Is Sell on all rise as stock is over valued and Trading At A PE of 145 and Eps of Just 1 Rupee. Stock may fall to its book value of 75 rs As company is Not posting Muted set of Results from many quaters. Mahindra cie automotive May also be Hit badly by Brexit as 65 percent of its revenues comes from Europe .Mahindra cie is The most expensive stock in Auto anicallry pack .Stay away from Mahindra cie automotive Or exit Immidiately Is The word of Fiis desk dealers. Mahindra cie Automotive is a laggard from last 2 years and Have also Given Negative returns.
📞 Nifty Has come at A saturation stage according to fiis dealers. Some hedge funds are Greatly Short on Nifty and Stock Futures And expect Nifty to Test 8200 IN October and 7800 By November.
📞 Fiis dealers Indicate Large Buying in Zee TV and stock may reach 1000 levels in a year.
📞 Fiis dealers Say Sun TV is also a good Buy and some Fii Buying is visible in Sun TV as there is valuation Gap between Sun TV and zee TV and Sun tv will soon catch up to valuations of zee TV and sun TV will soon Cross levels of 600.
📞 Fiis dealers Buzz is Some domestic Funds buying Radico Khaitan and Stock may soon double from here.
📞 Cerebra integrated is Good Buy at levels of 16 And may soon touch 25 levels According to buzz between Fii dealers.
📞 Bajaj Auto is Seeing Some interest by Fiis and domestic Funds. Stock may cross levels of 4000 IN a year.
📞 Force Motors is Being Accumalted By HNIS and may soon cross levels of 5000 .
📞 Sanofi India is Being cornered By Fiis according to some Fiis dealers and stock may double in 3 years from now.
📞 Tata global has come out of consolidation and Stock may cross 200 levels soon.
📞 Mid cap Index is at Life time High and may witness a correction of 30 percent from this levels. Exit Mid cap stocks as Most Mid caps are trading at expensive valuations.
📞 Syngene is Being cornered By some HNIS and stock may cross levels of 1000 in 2 years.
📞 Auto ancillary is a crowded Trade according to Fiis dealers and is a clear exit.
📞 Standard Industries is a exciting mid cap pick and stock may double from here.
📞 Mc leod Russel has seen good accumulation by Fiis and diis at lower levels and stock may cross 225 levels soon.
📞 Tamil Nadu News Print is good Buy at 350 levels and may cross 500 levels in a year.
📞 Some Funds sellers on Bank Nifty and bank Nifty may soon Test 18800 levels.
📞 Good year Tyre is being Accumalted by HNIS and Fiis according to dealers and stock may witness levels of 1000 before Diwali.
I have purchased 100 share @71 rs of Ashok Leyland ,100 share @186 rs of equitas holding for 5-10 years, please suggest would I continue with this stock? or let me know if any changes required,
It is a strategic way of HNIS and FII for movement in some specific stock. But in Ashok Leyland be careful if any one wants to short. It is not possible without breakdown in Nifty.
Media Stock currently in uptrend specifically TV18, continually occur losses in previous quarters and have very bad balance sheet but again reach in 50 level. If any one wants to Media stock in his portfolio - Zee TV & Sun TV as suggested, short in TV18 also for hedge of his position.
456. Eagleye| Link| Bookmark|
October 8, 2016 12:58:00 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Please Note:
I am only available: /
I do not visit or upload any comments on: http://www.chanakya ni pothi.com/
4 times in my account and 2 times in my father acccount...please tell me how will be the allotment..is there is chance to get allotment...eagle eye pls give your view
454. Eagleye| Link| Bookmark|
October 8, 2016 12:46:52 PM
IPO Guru (6600+ Posts, 21900+ Likes)
i have applied 4 times in my account and 2 times in my father acccount...please tell me how will be the allotment..is there is chance to get allotment...eagle eye pls give your view
Commenting as an ordinary member, not as a smart member as invited.. Weighted average P/E of all 3 co''s = 33.66. So 20.70×33.66 = 696.75(TIME & DATE UNKNOWN)
EagleyeJi, For ETL the price comes at around 700-710 range considering the EPS you have posted above. (~ 709) Even if I don''t get allocated any shares in IPO, I will go for Secondary market.