Inventure Growth & Securities Ltd IPO Message Board (Page 7)

Hello Sreedhar
I am not telling about any particular person but I am consistently insisting for their stance to remain on his view.
for example if one say RMS is not a good company for Rs 108/-.Then instead of apply for IPO he could have shorted on the listing day atleast one stock for instant at Rs 100/- (As per general theory)and keep a stop loss of issue price (108/-).This will make him only loss of Rs8/- if strategy breaks. Loss of Rs 8/- is not unbearable for complete issue. and post a comment like 'from initially onwards I am negative on this issue and I shorted accordingly and this is my profit or loss. Instead of posting ‘avoid’ and suggesting to avoid .I have not seen the messages like above, to feel responsibility and accountability for his previous comments. Hence I am writing like this.
I am not asking to put all his hard earned money on his stance. Again I am telling to do with 1 number only. Suppose for Birla pacific if he short at Rs 12/- the maximum loss would be (Rs 30 -20)=Rs10/- on the listing day. Does it not bearable. I am again and again insisting these things to retrospect and learn the things that market will not move as per single person will and wish.
Now coming to the point what was your stance for apply in the recent IPOs right from Sanghvi,Aanjaneya,VMS,Timbor,Birla,rushil,RMS and recent ones BGIL and inventure. The answer is big zero. Hence you need not worry about your stance at all.

I might have told regarding grading of issue. This is the area where most of our retail investors debacle by seeing Grade 5 ,most of innocent retailers will jump into apply with out studying price justification and avoid some of Grade '1'issues unnecessarily. I once again reiterating grading is a not yardstick for price he offers, it is only business model. please keep in mind before posting your comment with grading.
I also suggested to our innocent members to develop knowledge on areas as IPO finderji and Sahasranpuriji touching. You study first their comments on some issues how decently concluding their stance. Some of them may not work it doesn’t matter.
Is there any UKG standard mathematics like multiples, divisions.(PE)
Prices will not be discovered on simple elementary mathematics. If like this goes, every 2nd standard student will become eligible for market expert post and become mutual fund manager.(to be continued).

seenuipo,
Your comments are becoming extremely monotonous.Everybody in this board applies for grade 1,2 ,3 or whatever issue.There is nothinh new you are posting by saying grade 1 or 2 issues offer more money making chances.You are saying you short sell or buy at 915 am.Please give the summary of your trade so that people can get enlightened by your trade.please guide us so that we can also make money in such issues.Like how u made shorting RMS & buying Birla pacific etc.
please stop this messages which are becoming irksome.You may be god in trading but not others.95 percent traders lose money which is a well known fact & here you are asking to trade them.Please give your trading details after you make a move so that fellow boarders can follow you.Dont constantly post the same message please trade in so & so issue & make money.It does not happen like that,if it had happened everyone will be a crorepathi.
it is only a 50-50 chance of making a profit.,Those who have shorted RMS at 108 will cover at 90 or 80 etc but only 1 -2 percent will hold till 60 but on the contrary those who had bought at 108 ,80-90 percent will hold till 60 & only 10-20 percent put stop loss & get out with small loss.That is how it pans out.

Dear members, from our group some specialists are much exited in giving information regarding PE ratio and EPS for the IPOs duly comparing with average PE multiples.

For example according to inventure securities RHP on page 73 it is mentioned that his company EPS is Rs 4.44 and regarding industry PE multiples are as below.
Highest :267.30 ,lowest 2.90 and average 14.70.
A person who is very bullish on company business can buy even at highest PE multiple then the price will be 267.30 X 4.44 = Rs 1186.
Another person who does not like this company business model will buy only if price comes to industry lowest PE multiple and price will be 2.90 X 4.44 that is Rs 12.90 only and the person who does not know any thing about the company wants to put a price of industry average, then price he prefer is 14.70 X 4.44 Rs 65/- only.
Hence there are wide ranges of people to buy or sell from the prices right from Rs 12 to Rs 1186.
What is more required to prove for our innocence in talking the PE multiples.
If a person who buys a stock which is ruling at PE multiple of 267.30 instead of ruling at very cheap level like 2.90, we should not conclude that he is a mad .definitely there could be some earning visibility or business model or intellectual property of the company or real estate value or some thing else which force the buyer to go for higher PE multiples.
Moreover the price discovery mechanism not just like mathematics of 2nd standard child that multiply of PE multiple to EPS so that one can get price for the share

One more item I find on the board that Grading of the issue by rating agency.
I feel this will reflect the business model only not price of the share (not at all).
I will try to explain with small example.Somebody offers gold coin (Can attribute Grade 5)of 10 g for Rs 40000/- and another person offers old news papers (say Grade 1 or may be 0)for Rs 2/- per kg.
Then what I prefer to consider is grade 1(probably 0 in our sense) item that is old news papers. You may ask why because for grade 5 (gold) items the buyer will come only if I offer Rs 21000 to 23000 per 10 grams that is around Rs 17000/- I have to loose.
Where as for grade 0 item (old news papers) the buyer will offer me at least Rs 4 per KG.
So I will be benefited in purchasing Grade 0 item instead of Grade 5 item if I look into the price rather than grade of the item.
In the same way in IPOs also grading will made us temp to jump for loosing our money after listing if it is overpriced.
So please stop the words like ' grade 0 grade1 or grade 2

thanks.now your views on l&t finance,when should we bid ,on the last hour

Dear Santonuji,
We (IPO market) don’t hesitate to quit these type of brokers those intention is to guard themselves duly leaving user thoughts. I feel you can shift to the broking terminal who offers AMO orders even one day before (i.e) 17:00 hrs onwards of the previous day of IPO listing day. This is possible in most of Diet ODIN based software brokers. The thing is they will ask half of price as margin to protect themselves If price moves in opposite direction of the trader.
I will suggest good ones among these if moderator permits as it is restricted to talk in favor of any broker.

HELLO TODAY I HAVE RECEIVED THE SHRIRAM TRANSPORT REFUND THROUGH REGISTERED AD. I AM SO GLAD

dear jani, where you get reference no (as 276)

thanks seenuipo.my trading platform is gotx.my broker not allow interday trading on listing day trading nor amo

thanks seenuipos. main concern of the issue is that qib portion subscription did not increase after first day.first day it was 20% and finally it was 25%. so it will list without strong qib support.if it list with little premium then HNI will flip and stock may be down below issue price,so then most of the retail will press panic button & stock may down further.then day trader will be active and short the stock..hope my assumption will go wrong

Sameerjaipur,
355 is the expected allotment.

what is the latest premium of inventure

334 - 344

Sreedhar,
What will be subscription figures after alloacating unsubscribed QIB portion? How much shares should be alloted to 1 full application?
I think we may get 340-350 shares. Correct me if I'm wrong.

Mr. santonu,
Your intellecutal guess of its subscription on 20-07-11 at 10:21:25 hrs made me to apply 2 sets aplications but one is full quantity and another is half quantity only o.k satisfied.I think you might have applied.
Welcome this type estimation of market pulse.Thankyou very much.
Now several people talking in favour of the issue that to after closing time .What is the use in applying,

how many shares we will get against fullapplication

dear rakesh jhunjhunwala, what is the current premiumo bharatia,

On seeing the increase in subscription, I tried my best to apply through icicidirect. I could not do it in spite of trying for more than 15 minutes. Then the time of subscription ended.
Though over priced, it should have a good listing as the HNI subscription increased substantially on the last day.

QIB subscribed 0.25 and hni 9.49,that may be a big worry.hni may flip within minutes of listing

I also applied full in this Co. skipped to L&T.
definitely this will give
much*************much**************
better gains compair to L&T

guys good going who has invested in this Co.

I have applied in full for Inventure .I m avoiding L&T as I have not been a fan of L&T.For the past 5 years I have not touched L&T .L&T Finance have been avoiding the market for the past one year citing market reasons.I do not think they will give it cheap.I feel Inventure will give better returns as compared to L&T finance .Also I can use this refund in the next IPO.