Manjushree Extrusions Ltd FPO Message Board (Page 1)

i want to know status of refund of non allotment of shares

applican no. 2720632

No chance of getting to issue price. Investors are betrayed by analysts and Company. While recent ipo were traded at 10 to 15% discount. This stock is being traded at 50% discount. Totally erosion of hard earned money.

Actually great people like SP Tulsian mislead people.
Now they are silent.

In my analysis I had keep on telling it will go below 25/-.

Unfortunately persons like Kirthi Sundararajan posted a message saying that saying senn with "Own" eyes. Over and above called me 'Pseudo' means fake.

It is very easy to call some one fake. But open your eyes. Do not get mislead like this by the advise from "Tulsian" & statements of seen with "own" eyes (Keerthi).


I am sorry for all those investors who invested in this company.
Keep on asking Tulsian what do now? Atleast if he posts in his daily recommendations it may come back to 25/-.

Happy investing......

At ipo price of 45 Manjushree had a PE of 14.5 compared to its peers which had PE of 18 to 22, so it was fairly priced. Now thr price has gone down to 20, which means either those calculations were wrong or now the share is very attractive.

manjushree ne to duba diya . its seems that it will go to Rs. 2-3

Hold Manjushree for 6 Months, I think you can get back to 53 level.

Manjushree Latest Price 24.60

I am very sorry #159.
I can not advise you to book a loss of Rs.32,000/-.
May be you get back your money in 24-36 months, if you wait so patiently.

Ask Tulsian! he should keep on recommending this in his 'stock recommendations' column as he backs up this investment. This is the only way it can rise at least back to 35/-.

At least now onwards, do not blindly apply for IPOs.

Happy investing!

guide me for manjushree investment.
i bought 1105 share at 53.
now what i should do.
pl share with me

Hello Smart Investors,

There is no one really smart investor in this markets.
But I do really appreciate 87.101.240.7.

Although I am a favourite of Shri SP Tulsian, I did not apply to Manjushree IPO just based on 'Smart Investor' recommendation. (Check Message #75 & 150)

By the way, #157, you need to be sportive. Nothing was told wrong on your part. If you 'truly' know about some stocks, start a blog. People will automatically recognise.

So, there is nothing to be serious.

Be happy......Keep visiting.........
Make our chittorgarh great going.......

Dear Sir,
I will not say more. but check my calls WITH SAID "GAINS".
somebody is in problem with me b'coz i am using his name.

It's ok......i'll not come back if nobody interested with me.

bye dear ,IP Address: 87.101.240.7)

Happy investing.............NOW FOLLOW PICKS OF ONLY............IP Address: 87.101.240.7)B'COZ HE IS A VERY GOOD ANALYST......

VERY SMART INVESTOR......BYE

Hey #153: If you want to suggest some stocks please open a blog and talk there whatever you like. This particular forum is only for IPOs. Don't make this forum problematic with your knowledge.

Note to everybody: Never buy from secondary market by seeing messages in this forum. (Also watch IP Address to confirm the identity of a person, not just by name)

Happy Investing.....

Best Regards,
Smart Investor (IP Address: 87.101.240.7)

Hey (Message #153- Please note that 'All Caps messages' irritates readers)

Don't be foolish. As I told in my message at #152, this stock will never cross 50/- in the next 6 to 12 months.
Consider yourself lucky if it touches 45/- & simply get out of the stock.

That's it for now.

Happy investing.

NEWS!!!!

MANJUSHREE EXTRUSION LTD. (MEL) COLLABORATING WITH FOREIGN LIQUOR CO. OF KOBRA BEER IN ORDER TO SUPPLY BEER BOTTELS &
POLYPACKS AS PACKING MATERILAS (SOURCE: RELATIVES OF COMPANY
EMPLOYEES OF BAGALORE).

DUE TO THIS A ONE ANOTHER
STOCK WHICH IS "MOUNT SHIVALIK (BSE#507522) WILL BE AFFECTED.
B'COZ MOUNT SHIV. ALSO SUPPLIES INDIAN MADE BEER AND IN THIS
SUMMER BEER CONSUMPTION WILL RISE.

SPECULATIVE ARE GOING TO PURCHASE IT.

SOME OF THE PERSON SAY THAT IT MAY RISE ONWARDS MONDAY.

AS I ALSO HAVE 50 SHARES OF MOUNT SHIVALIK AT 70/-

I THINK IT WILL BE VERY GOOD TIME TO SELL IF PRICE HIKES.

HAPPY INVESTING

SMART INVESTOR

Don't be so greedy.

It will never cross 50/- in the next 6 to 12 months.
Consider yourself lucky if it touches 45/- & simply get out of the stock.

If you are a very long term investor (12-24 months), then you may get something near to bank interest.

That's it for now.

Happy investing.

Hey all small Investors!!!!
Don't fear this (MANJUSHREE ) stock. it will touch 90+ within 15-20 days i am sure.
though all of u have this suspense that right now its at below 35/- its only floor price i.e. FPO(RIght ISSUE) which is not indicative of current fall.

Now be sure and keep this stock in your possession.

Manjushree - 34.95.

Where are you Keerthi Sundararajan?????
First know how to read ORDINARY Calculations, before simply commenting.
Get into flashback about my analysis & your comments.
=====================================================
76. Kirthi Sundararajan (122.167.180.77) 2/3/2008 12:22:04 PM IST Report Spam!
Hey Smart Investor, you have done quite a good analysis. But you see, Tulsian is different... he sees things that you cannot and that is why he is tulsian and you are just some fellow with a pseudo name of smart investor.

Dont mislead people with your ordinary financial calculations. I have seen this company with my own eyes and they are really good in what they do... they are a long term gainer

75. Smart Invetsor (87.101.244.8) 2/3/2008 10:18:26 AM IST Report Spam!
Dear Investors,

Read what SP Tulsian says:

"Topline for FY 07 was at Rs.80 crores, with EBITDA of Rs.8.71 crores, PAT of Rs.2.82 crores, resulting in an EPS of Rs.6.70. FY 6 months ending 30-09-07, topline was at Rs.32.26 crores with PAT of Rs.1.86 crores resulting in an EPS of Rs.8.85, on an annualized basis. Considering, FY 08 financial performance, shares are being issued at a PE multiple of about 5 times which are quite attractive."


My Analysis:

A profit of 1.86 crores for six months on post issue euity of around 13 crores will result in annualised EPS of around Rs. 3/- only. That means this FPO is priced at a PE of 15 not 5 as our Tulsian says. Some analysts like Tulsian become positive about a company and start talking every thing positive and in the process they will not reveal the truth.

Conclusion:

If market crashes by the time it lists (mostly it will happen), this stock will drop to Rs. 25/-. Even if market is good it may not go above 50/-.

Decide yourself. You want 10% profit with a risk of 50%.???

Happy investing.

Hi Rishub Jain

Ok fine..also pls suggsted few good script for shot term say 1 month..

Hi Niraj,

Please give me 1 more day time. I am in regular contact with Stock exchange. But I am sure at lower price, they have resistance at 48 and can go upto 85 as resistance can be seen over there too. Please do not panic as this is reputed company and has already been listed before as well with 4 star ratings. So please cheersss..
Will get back to you soon as possible. Be updated to this website.

Hi Rishab Jain

What happeb to this share? As you told that It will touch 150 Intra day..Any Guess..what is the target for this share for month of March..when it get shoot?

why price has fall down so early. Wt is the target in a month. should i sell 1000 shares at 50 Rs. price or hold for a month