Eros International Media Ltd IPO Message Board (Page 42)

211. anonymous can you n other boarders confirm if 3 more IPOs like Sea Tv,Bedmutha & Commercial are coming to capitalmarket in september itself.
2 good quality Ipos like Virgo engineers n Claris have recently been approved n can come with IPOs technically speaking.

I think its better to save money or distribute wisely instead of putting all eggs in one basket ....

From Wellwisher to all : Let me tell you all after detail study that if we apply in IPOs closing after 23rd we will earn very big money bcoz most of the people will be short of funds after applying in Eros, Micro and Career....Later on in Vatech, ashoka, Tecpro, electro, Orient, Ramky, Cantabill, Gallant, Sea Tv, Bedmutha, Commercial ...in all these allotments will be more and one can earn easily on an average 4000/- to 5000/- per appln ...while in Eros, Career and Microsec our earnings will be max. 1500/- to 2000/- due to heavy subscription. So all of you be careful dont apply in 1st 3 IPOs rather apply in next 10 IPOs to earn big

Dear Setujee,

I read your messages regularly & greatly respect your analysis.

I just wanted your comments on the following aspect about Eros :
In most of the analysis reports published by institutes & brokerages (e.g. Capital Market) it is mentioned that PE of nearest comparable company-UTV Software-for FY10 is 41.9, whereas PE of Eros is 19.4 on EPS of 9 on post-issue equity. So they consider Eros cheap & therefore recommend to apply.

But, in the report published by HDFC Securities, it is mentioned that EPS of UTV was 13.1 in FY10 & 10.1 in Q1FY11. If the Q1FY11 EPS is annualised it will be about 40 for FY11 & its PE for FY11 will be just 13.6. Q1FY11 EPS of Eros is just 2.2 on post-issue equity. So annualised EPS will be 8.8 & PE for FY11 will be 19.88 assuming issue price of 175. Thus based on annualised quarterly figures for FY11, Eros is expensive than UTV (PE of 19.88 v/s 13.6).

This may have been the reason for Anchor Investors being alloted the shares at 165.

What are your views on the above comparison of Eros & UTV on FY11 basis ? Do you still think as strongly as before that this issue deserves investment ?

Thanks,
TCB

Thank You

Vidya

Yes i am recovering faster feeling better though not 100%

Regards and Thanks once agin for your good wishes

hello sj,hope you r better now.best wishes for speedy recovery from all boarders

At the lower price band of Rs 158 per equity share of Rs 10 face value, the P/E works out to 18 times the EPS of Rs 8.8 (on post-IPO equity) for FY 2010. At the upper band of Rs 175, P/E works out to 19.4 times the EPS of Rs 9 (on post-IPO equity) for FY 2010. The nearest comparable company is UTV Software Communications, having PE of 41.9 times consolidated EPS of FY 2010

Hows the company lookin...
shall i invers??

Hi ipo finder...........
plz explain what is kostak

Dear GEM
THANKS A LOT. YOU HAVE BEEN A GEM AS USUAL. What a clear and simple analysis.Was a great help in making up my mind.

can i have the listing date for EROS?
What is the expected listing price.

forget to apply in career,if you want listing gain apply in electrosteel

Latest GMPs

Eros 43-44
kostak 2000 (Apply in full lot)

Microsec 18-20
Kostak :- no trade even at 1500 (strictly avoid)

Career point 120-124
Kostak:- 1700 (chances of lottery are very high, no need to go , better to leave this and apply in others where allotments are sure)

Ramky Infra 20-22
Kostak 1700 (Chances of going in discount very very high, Highly overpriced, size is so big 550 crore)

Ashoka 55-58
Kostak 1800 (very very good IPO to apply, just like IL&Fstrans, will give at least 10K per application if u hold for 6 months)

Vatach 295-300
Kostak 2100 (Good IPO, must apply, as size is large , chances of allotment are also good)

Enjoy!!!

Rush of IPOs to beat SEBI results norm

*****
12 issues coming this month to raise Rs 4,000 cr.
****
Tania Kishore Jaleel
Mumbai, Sept. 17
- BUSINESSLINE.

PLEASE LOOK ON ABOVE LINES. THERE IS A CLEAR
VIEW THAT THAT MARKET IS IN HANDS OF MANIPULATORS.
MERCHANT BANKERS/ MANAGER TO THE ISSUES ARE VERY
MUCH ACTIVE TO PROP UP MARKET THE MARKET ON
EVERY NEWS - GOOD OR BAD!!
**
EVERY INVESTORS MUST CHECK PROSPECTUS CAREFULLY
AND AVOID THE REPEAT OF ASTERSILIATE EPISODE.
ASTERSILICATE WAS A GOOD FABRICATED SERIAL
BY MANIPULATED PERSONS. SO BE CAREFUL.
NOW EVERY CO. WANTS TO SNATCH MONEY FROM
INVESTORS'POCKET.

Gem ,
Its good that u have been able to retain your login.

Your analysis seems good .

any views on Cantabil,Electrosteel,Gallant,Tecpro which could bethe dark horses?

I think it to be good issue having in hand moving like Dabang, Golmaal 3. So good IPO to invest

Dear Gem & Sj,

Yesterday Sj suggested to invest like this,

2 lakhs for Va tech

hold for 6 months to i year coz anyways markets are set to enter danger territory and correction is expected anytime next year

1 lakh for EROS

since media company although different model and attractive price should be exited if you get 20-30% on listing or say 40% in 2-3 days or in a month or so

2 lakh for Careerpont

(Highest return and since application allotment will be less due to very high over subscription.

Microsec AVOID IT IS NOT FOR LONG TERM and SHORT TERM

After seeing new IPO's Ashoka, Techpro, Cantabill, Orient & Ramkv, any changes to be done in original allocation or I am trying to get some extra cash around 1-2L, suppose if I get those funds how to adjust 7L in all these, BTW did you went for 8 full in Tirupathi?.

Gem your advice also needed please.

AUNTY,

LOOK EVERYONE WIIL GO FOR EROS, ALTHOUGH ITS A REASONABLE SIZE IPO ( RS 350 CR), THERE IS A HEAVY CHANCE THAT SUBSCRIPTION MAY EXCEED 10 TIMES IF IN ANY CASE IT TOUCHES 14, THEN GAIN ON PER 1 LAC APPLCN WILL BE 40*40 = 1600. LOT OF PEOPLE WILL GO FOR IT BECAUSE THEY WILL NOT BE ABLE TO HOLD THE MONEY FOR VATECH AND ASHOKA.

CARREER POINT WILL BE SURE LOTTERY EVEN FOR 1 LAC APPLICANT, HERE RISK OF ALLOTMENT IS VERY VERY HIGH, BECAUSE OF ITS SIZE (115 CR) AND GMP

VATECH IS A UNIQUE CO NOT MUCH RESEARCH IS REQUIRED FOR LISTING GAIN OF 300-350, IF U READ MY YESTERDAY'S POST MY TARGET IS 1680 BASED ON FY 11 EPS OF 56 AND PE OF 30. HERE U WILL GET MAXM GAI BECAUSE ITS SIZE IS BIGGER ( 485 CR ), GMP IS GOOD, NO MONEY TO INVEST BY RETAILERS, SO HIGHEST GAIN IN ALL IPOS.

ASHOKA IS SIMILAR TO IRB AND ITNL , LOOK AT THIER PERFORMANCE ON EXCHANGES, ASHOKA IS GROWING AT SCORCHING PACE OF 50% FOR THE LAST 3 YR,. OTHER THINGS ARE SIMILAR AS ABOVE MENTIONED IN VATECH, IT WILL ALSO GIVE GOOD GAINS.


SO IF U COULD AGREE UR HEART AND BE PATIENCE, LET THE OTHER START THE MARATHON OF RECENT IPOS EARLY WITH EROS, CP, MICRO ETC, U WILL START THE RACE AFTER THEY ARE TIRED AND WILL APPLY IN EROS, VATECH AND ASHOKA U WILL WIN THE RACE AND ONE MORE IMP. THING U CAN TAKE FEW RISK AND APPLY 1-2-3 LOT IN CP, MICRO ETC.

BEST OF LUCK

Hi This is sateesh Naidu!
In my opinion Eros International Media IPO will give more returns. I am going for that

I am back...and it feels good