kya hua, aapne kaha market will be opened at 200+ on 21Jan but mr.broker d market has seen its all time high fall at 1400+ or 7.3%+ and an intra day low with 2065pts fall or 10.5%+
be careful before predicting.
i feel sorry for those investers who followed you.
ICICI direct Valuations On the pre-issue capital, the stock discounts its FY07 EPS of Rs 10.58 by 11.34x (upper price band). Although, this is at a discount to other peers, the geographical concentration of the company's operations poses a risk. Hence, we believe investors should subscribe only from a listing gains perspective.
anand rathi is lead managers my past experience in starting the price is going discount and after three or four months it gives very healthy return like indus fill and xl telecom in both issue anand rathis is lead manager
allotment chances will be more in J KUMAR infra. and recent listing of kote patil and kaushlta has already proven the strong momentum in innfra, i think no isssue except ivr infra will let the ipo subccriber down.
Hi Someone (No 27) Tata Steel bought Corus. Bcoz they "make steel" Indian Co must not buy US investment bankers. Bcoz "they steal" form 3rd world countries. They are not "Corus" only "chor US". If one reads the history of 2C(between)3I they will understand it was started as 50:50 by W.Bank & India. Due to this US conexion they "madly pick pocket" the small SB a/c customers & bankrupt the card customers & send collector goondas. We Indians have more values.
Asit C. Mehta: Subscribe J. Kumar Infraprojects Issue
Our Research Bureau / Mumbai January 18, 2008
Asit C. Mehta recommend investors to subscribe the public issue of J. Kumar Infraprojects Issue (JKIL). JKIL's revenue has increased by 390.62% from Rs.22.96 crore in FY06 to Rs.112.66 crore in FY07. Whereas net profit has grown by 640.81% from Rs. 1.08 crore in FY06 to Rs. 8.01 crore in FY07. It's operating margin and net profit margin for FY07 were 14.87% and 7.11%, respectively.
J. Kumar Infraprojects Limited (JKIL) is a civil engineering and infrastructure development company. JKIL mainly focus on development of roads, flyovers, bridges, railway over bridges, irrigation projects, commercial and residential buildings, railway buildings, sport complexes, airport on contract bases. JKIL also undertakes the piling of foundation work using hydraulic piling rigs for major projects. JKIL is more active on Mumbai, Pune, Aurangabad and Vidharbha region of Maharashtra.
At the lower band P/E is 14.27x and the upper band P/E is 15.56x for post equity annualized EPS of Rs. 7.71 for FY08. Compared to its peers, valuation looks attractively priced. Considering diversified risk through product mix, visibility of order book for next 30 mths, timely execution of projects, company's focus on higher margin project.