While Iam not oin full agreement with Septa on "Tejas Networks IPO", I an in total agreement with views on Eris LifeSciences. My words may be noted for future reference "It is rare to come across a business which has been delivering 49% RoCE and more so in Pharma space". My only worry Govt cud some day favour unbranded drugs. But Eris Life Sciences is too compelling for me to avoid.
Eris Life Sciences. Very strong fundamentals,healthy growth, cash rich status & No fear of FDA. Eric Life sciences is good issue from a long term perspective. Only risk factor is Govt order in future in favor of unbranded medicines. Iam applying in the IPO.
Please note that Eris Lifesciences Ltd. face value is Rs.1/-. Eris Lifesciences Ltd. is not bigger company like Aurobindo Pharma, Glenmark Pharma & Sun Pharma whose face value is also Rs.1/-. Issue price is too High. Just avoid it.
Picked up 3ii(CMP=4.45),Tanla sol(36) ..both are irritating share i admit but may give good room for 30-50% over 6-9 months.
S chand deliver good q4 as expected. ...previous low was 522 ..and then took of for 610 after some day.. Same but little fluctuating movement may occur again..M gonna avg near 530-520 range with sl 497.
136.2. OldFox| Link| Bookmark|
June 15, 2017 11:18:28 AM
IPO Mentor (900+ Posts, 400+ Likes)
Nice Analysis gamble....
136.3. OldFox| Link| Bookmark|
June 15, 2017 11:20:11 AM
IPO Mentor (900+ Posts, 400+ Likes)
i mean for IPOs
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June 15, 2017 5:00:24 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Secondary mkt...
Shilpi Cable today after hitting lower & upper circuit remains firm at UC . Any good news ?
🙏👍
136.5. gamble| Link| Bookmark|
June 16, 2017 10:16:00 AM
(1600+ Posts, 3900+ Likes)
Well no news req which falls 200-20 ..now 8-10 UC will come then trading and again
136.6. gamble| Link| Bookmark|
June 16, 2017 10:24:35 AM
(1600+ Posts, 3900+ Likes)
/capital lover Retailers should stay away from this kinda share. well atleast 22-25 ckt req for save my capital.. !!
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June 16, 2017 11:33:16 AM
IPO Guru (2600+ Posts, 3700+ Likes)
ok. can we expect the same from videocon also ? and nitin fire.
🙏👍
136.8. gamble| Link| Bookmark|
June 16, 2017 11:45:37 AM
(1600+ Posts, 3900+ Likes)
videocon may go that way..see vol. Everyday and pick(with extra spare money) at right tym.
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June 16, 2017 12:10:03 PM
IPO Guru (2600+ Posts, 3700+ Likes)
TechM good but in bearish mode..have to wait 3-6 month for some meaning full return(if any) only dividends are good. IT-pharma are not in mood of mkt...only short covering are/will there(for medium term).. Not much buying. So will jump 5-7% in 1 month and then suddenly down by 10% in 2 days.. !!
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June 17, 2017 12:43:02 PM
IPO Guru (2600+ Posts, 3700+ Likes)
ok.thnx a lot.My portfolio stocks also performs in this manner regardless where nifty reaches.7-8% up in 4-5 months and suddenly 10-12% down in a day and never moves up beyond that level ! So focusing in ipo only .
The price is very much on higher side. I still remember the case of Anulabs. In future SEBI must protect the investors and keep the premium level in check. Very upsetting situation and a review is necessary.
Go fro ERIC....healthy financials, debit free company, Listing gains are there though not much due to pharma sector current mode.. Medium to long term hold CDSL - go for it....listing gains are there..Medium to long term hold Tejas - Ok..ok Au financiers - go for it....listing gains are there..Medium to long term hold
Nothing is left for you. Avoid this high vale ipo. Coming days are for generic pharma co.First day performance is very very poor. 2 % profit of 5% loss is expected.This is other S.Chand.Rs 1 share means share value is 6000/-.Based on future performance one should not apply. GMP is decreasing continuously is indication of not to apply.