lately after the success of DMART IPO promoters have become greedy. However failure of S chand have made HNI investment more realistic.
now what is future for this counter the answer is buy on dips as i said earlier i invested in this counter on HNI quota so presently i am full. this company has superior result then it is peers the company has reported (on consolidated basis) turnover/net profits of Rs 513.24 cr. / Rs 70.54 cr. (FY14), Rs 549.05 cr. / Rs 89.26 cr. (FY15), Rs 600.39 cr. / Rs 134.86 cr. (FY16) and Rs 744.07 cr. / Rs 241.90 cr. (FY17)
With this kind of growth we could see good growth in bottom line and the PE improve. now let wait for few quarter and if they show same kind of growth ERIS will certainly rerate in time
HOLD BUY ON DIPS PEOPLE WHO DID NOT GET ALLOTMENT CAN INVEST IN PART FROM THIS PRICE IMO
This is a long term compounding machine. Decent growth, No debt, Owner Operator driven business, excellent return ratios, No USFDA risk. This is a secular growth story to be played on the long term domestic consumption. With the ROE/ROCE, they are generating, imagine what the dividend payouts will be. Have patience and keep a 3-5 year view. You will be handsomely rewarded.
Next ipo is Prataap Snacks Limited.Details- incorporated as Prataap Snacks Private Limited on March 23, 2009 at Gwalior,Madhya Pradesh as a private limited company under the Companies Act. Prataap Snacks Limited were one of the top six Indian snack food companiesin terms of revenues in 2015, and among the fastest growing companies in the Indian organised snack market between 2010 and 2015. (Source: FS Report) Based on the FS Report, the snacks market in India is estimated at approximately Rs 500billion, and grew at a CAGR of 16% between 2011 and 2015. In Fiscal 2012, the Company acquired the snack foods business of its Group Company,It acquired the Yellow Diamond brand and the snack foods business.It''''s product portfolio, includes three categories: 1)Extruded Snacks 2)Chips 3)Namkeen
Wait till 8th when CDSL and AUF funds are unlocked. HNI will have no option but to go for ERIS. Freefloating market cap for eris is too low for an 8,000 Cr company.
If you are going to transfer all the gains made so far and I am glad to transfer your 150!!! I am not doing charity to compensate all your losses...Everybody knows when applying the Risks so no mockery here..If you want to leave the stock just move out and stock market is not an place for weak hearted .....
Crossed 700 on BSE, didn''t hold though. But kenny, I hope you get the point. Patience is the key, in this case it took some time, but a good stock delivers
So someone making me trending again, by taking my comment personally. Great
Btw RVR u appeared back on 11th July, when share started to go up, where were you between this 10-11 days ??? Clearly indicates you were not to sure about this stock, Right !!!
Once this share started to move up, you came and started appreciating your call on this share.
And Raynmaker ji after CDSL locking in to Upper Circuit, than only Eris started to move up. ( clearly indicate the Operator Play )
No money rotation in CDSL, so they flush money in Eris and in last half hour or soo. Take it 70-80 odd Rs. plus. ( No fundamental upmove, just operator play ) ( And a small investor like me, like to stay away from such operator things )
And last but not the least ( In this BULL Market, where in last 4 days, sensex has climed like 500-700 point and nifty like 350-500 point, any Tom, Dick and Harry can earn, and any laggard share can grow. )
I would have taken your comments into concern, when and only, you guys have posted before run, when stock was laggarding near to 600 Rs.
I am not saying, i am good or know more than the seniors like you all.
I am a new comer, 2 months old. And learning many things.
@ kenny, see my earlier messages clearly told wait for 2 quarter result and see the price..if you think all the stocks move up mean why dont u try gtpl ..is an ipo stock..also dont think 10 day to 15 days shares can do magic...also so only money returned from cdsl is lifting eris.....mmmm we must learn from you.1
@Kenny , hope you have seen the closing in green..This stock is sleeping lion and if it shows the same performance like earlier for next 2 quarters then all will jump here to buy...lets mark here : today ERIS closing price is 682 / date 14/7/2017...We will see @ january 2018 the performance of the shore..Hold your horses for that moment.....No conversation until then...bye bye
@kenny I don''t know what you mean. I have been posting here almost every other day, even when stock was down. Look at the Chem Cho below. I am sure if you have looked at nifty climb, you must have also seen the pharma decline in the same time. Also its the same money being rotated and I had written to wait till AU listing for locked funds to release. I won''t put in more effort to convince you of YOUR money :). Each man to himself, and God for all. All this conversation makes me understand is that There is a reason so called small investors remain small, because they don''t invest. They look for trade.
Noted #January2018, and i hope you make good fortune and all other who holding this share too. I am glad big guns are noting me from now on. Long way to go. Well i am in no hurry to turn my small investment to big one. In making big one wrong step here or there. Will throw me out from stock market forever and ever. I want to learn from roots, i want to grow my own tree ( long run delicious fruits ) Rather than eating some sweet or sour short term fruits. I hope you will get my point. And Raynmaker Ji, 1000 share of eris for you won''t be a big deal but for me 10 shares even matter. :) Cheers. Gn all. See you in January 18. ðŸ‘ðŸ»
20% upside inside a month. 1000 long term. 20% based on performance of past IPOs including thakela listers like psp, varun beverages, Parag and every other company that showed a consistent profit before listing.
As mentioned and expected for listed around 620 levels in morning hours. Seems its not going to sustain above 620-630 levels in short term. Can surely be bought in the level of 525-550 Levels. Disclaimer: I am holding in 7 lots @IPO
I have been applied one lot for eris ipo by PNB ASBA..... but didnt get share.... even I also applied before this IPO. SOME ONE TOLD ME THAT U SHOULD OPEN ACOUNT IN OTHER BANK AND GO THROUGH THAT ASBA AFTER LINKING SO BANK ASBA MATTER???? pl reply thanks in advance
Yeah amount released of Eris life.. Aise IPO me amount released ki Khushi hi kuch aur hi Hoti hay... waisey 300++ premium wale log nazar Nahi aarahe hay???
List of flat or negligible listings getting bigger, First, S chand then Tejas & now Eris. After Dmart listing, merchant bankers & issuers have become greedy and are not leaving much for the investors.