I suggest you average it if possible at CMP of 335 to bring down average price to 350. Capacite should start moving once its results are out. its downside is limited with good upside potential IMO.
i m also holding few, but not 200. The present price trend is going down. But it is an infra company with good fundas. You need to wait for some time may be till Jan, it will come up. Don''t book loss for 200 quantity since loss may be too much and that will become a loss making habit ( i hav done the same mistake!! when i was inexperienced).
Add few more quantity by buying more. Decide the quantity first. Then buy 30% of the quantity on dips (buy 10% current price, then 10% on dip of 5%, and then again 10% on 5 more % dip). When the stock reverses and starts to come up above 370, buy rest of the 70% stocks). You need to wait for some more time. Shree pushkar was a good stock, it listed below issue price, but now, the stock is a 4 (bagger multibagger)
You may otherwise, think of buying some stocks in same infra sector like dilip buildcon, sobha, godrej ......good ones.
Board meeting on 9th November for declaring results of Q2 on 13 November.
Rate trigger on 13th else then only exit is option. No point waiting further.
Let’s see how it unfold
66. PavanM| Link| Bookmark|
November 1, 2017 9:06:46 AM
IPO Mentor (500+ Posts, 400+ Likes)
Dear Retail Investors, Please avoid all such over prices IPOs and let promoters come with reasonable valuations.
Name of the Company Net Sales (Rs, mn) Net Profits (Rs, mn) PAT Margins EPS P/E* P/Sales* ROE Khadim India Ltd 6,255 308 5% 17.8 43.8 2.1 17% Bata India Ltd 25,504 1,590 6% 12.4 62.9 4.0 12% Relaxo Footwears Ltd 17,436 1,230 7% 10.2 51.2 3.5 20% Liberty Shoes Ltd 4,979 64 1% 3.8 65.7 0.8 4% Source: *on TTM basis As can be seen from the table, Khadim India compares well on the fundamental parameters. However, the valuations of the companies are steep.
At the upper end of the price band, Khadim India Ltd. is valued at a P/E multiple of 43.8 times its FY17 earnings. In our view, this is too expensive, considering the risks the company faces and the low margin it earns. We believe the offer price does not provide sufficient margin of safety to investors.
All in all, while there are positive factors that can aid the company''s growth going forward, the nature of competition and slim margins coupled with high valuations makes the IPO offering less appealing. We hence recommend subscribers to consider AVOIDING this issue.
Quality at that price is poor implies profits are good which means the share price appreciation will be good. Buy a pair of adidas with the listing gain. All the best ????????????
Four firms, including state-owned Hindustan Aeronautics, have received Sebi''''s approval to launch their initial public offerings, latest update with the market regulator showed.
Other three firms are Future Supply Chain Solutions, Gandhar Oil Refinery (India) Ltd and Aster DM Healthcare.
The four companies had filed their respective draft papers with Sebi between August and September and obtained ''''observations'''' from the markets watchdog on October 26-27 !!
IPO thunder....pls tell me where we can know the GMP price..Do we have to interact with people of dalal street or how...I m asking seriously..! In our place, we don''t have something like GMP or grey market. so kindly let me know
I won''t apply for any upcoming IPOs. No one is exciting & expecting returns of 25% plus. If applying for an IPO & expecting 10-15% it''s better to apply for so many stocks which gives Intraday 3-6% daily like Nifty Stock Lupin today rocked with 8% return Intraday.
Anyone knows when the anchor investors are allowed to purchase or rather when the number of anchor investors are made public?
Its kind of funny that people are making judgments on whether to apply for IPO or not based on the shoes/sandals they have used of Khadim in past. What kind of logic is this?