GMP is 10/- if implimentation of GST hurdle solve on 16th it moves 95-99 level so invest if you can take risk.. Otherwise company''s fundamental is very sound and making good profit on YOY so invest for medium term
Happy new year back in chennai due to delhi fog even my flight from Goa was also effected anyway with regards to this IPO it is avoid given the company management have disclosed under VDS.
If your just ignoring the IPO on the Basis Of VDS, then you are mistaken, just go through VDS declaration. It''s not that Company has hide their Revenue, Company has Taken benefits of VDS for on going income Tax litigation to avoid any hasslness.
8.2. Septa| Link| Bookmark|
January 4, 2017 12:05:32 AM
(4000+ Posts, 4600+ Likes)
that is my view for me most important in any investment is corporate governance the issue would have not come if all was clean.....
Hi septa sir...so can we say that since PE is less at 10X , compared to peers 20-30X valuation is cheap...but they have declared VDS, so negative point for corp governance ...so in effect one positive one negative... equals IPO is priced at par :)...
Actually for me cooperate governance is very important in my investment. List gain or loss is secondary this may list at positive however this IPO is not for me
Yes definitely.....because in long term, corp. governance is the only factor which differentiates Wipros, Symphony etc from other SMEs that started out small...only those have the capability to grow from small seedlings into becoming fruit yielding huge banyan trees...
Septa sir what is view on mgl .... It has given 100 % return since IPO allotment.... Should i hold further.... What should be next target.... In my opininion it is still good to hold on the basis of pe of its own and peers.....
AMSONS APPARELS AND funny software SME ARE TRADING BELOW ITS ISSUE PRICE BEWARE OF SME IPOS. MY AMOUNT 1 LAKHS TRAPPED. I DID NOT FIND WAYS TO ESCAPE . I AM SHARING MY REAL EXPERIENCE. PLEASE ..... BEWARE.....BEWARE....BEWARE.... THOUGH THE AMSONS APPARELS TRADED ABOVE THE ISSUE PRICE NO BUYERS ARE SEEN . THE MARKET MAKER OR THE OPERATOR IS PLAYING
4 fundamentals of investment Business Management Growth and Valuation 1) The Company is venturing into new business I. E. Kraft paper which can pose risk for future growth 2) The Company has disclosed 4 cr under VDS 2016 Rest 2 factors are fine. But with questions on Company''s management, it is a avoid for medium term prospect