@VALUE INVESTOR : I just started investing and my first investment was on Matrimony.com. Since I don''t have a trading a/c I used my friend''s and got 2 lots. Even after 5-10 years can I get any profits on it. Or shall I sell right away. Please suggest. And kindly help me by providing a best brokerage company(I''m a victim of 5paisa false promises already..Oh God. What an awkward welcome to an young investor)
Sell Matrimony on every rise. As the IPO price is really hard to reach now. When Matrimony came. There was a lot of negative sentiment. Hence., It won''t be in demand that much. Instead of making more losses. Sell the shares on every bit of rise in parts. Like 5 at a time maybe. You can invest in other good companies like Cochin shipyard (which is still attractive to buy) , hudco. Or even sbi life (after some correction)
Matrimony is a company which has its income from people loggin in and subscribing to the paid services. As you know. In india. No one would do that. So Matrimony has only about 25 % of the total online profiles paying for the subscription. So it is not good from an investors point of view of a profit making company.
Maine 3 application lagai aur 3 m hi allotment mil gya ab mujhe bahut loss ho raha h kya karna chahiye.....listing k din m kisi karnvash market nahi dekh paya tha
Someone says in the below comment box; no future..one think to note this generation cannot live without mobile phones, i keep seeing all my relatives and friends look for partner through internet only .. with the penetration of internet era on hand in mobile with almost all; future is bright for this business with right execution..agree valuation is not comfortable..so who believe this evergreen business can go for long.. moreover limited players business always will have better valuation...I am going to buy for long as they are being leader in this business..
Bhaiiiii.............I dont have any intention of attacking you personally bt the logic is very simple what changed in 1 year so a huge loss making company started making huge profit.
most of the times investors failed looking at past history; screener numbers.eventually market will move on future..... I presume with the kind of smartphone on everyone and literally free internet on youngsters, i still believe good business opportunities with them in long term.. losses will happen when picking market share...valuation will not be provided mere profit loss of each quarter alone; if you note all buzzing Amazon, Flipkart, OLA, UBER all are bleeding with huge loss where as their valuation so high considering their business profile..
I agree that the e-commerce companies normally enjoy high valuation bt I doubt the integrity of the management. Because if you have gone through the RHP, you would have noticed inconsistency in profit margin despite of consistent revenue. Wait for results of 2 or 3 quarters to come before investing for long term.
I don''t know why you guys are comparing with amazon, flipkart . Matrimony is an app which people use once in a life time. Its not like flipkart or amazon where you are going to buy the products more than once. As this company has rich valuation people are trying to exit from the shares.
546.9. Silapathar| Link| Bookmark|
September 23, 2017 7:47:37 PM
Top Contributor (400+ Posts, 200+ Likes)
@Ankitxyz , I doubt you read the RHP...if you had read the RHP you would know why the company moved from loss to profit in the past 12 months
545. Silapathar| Link| Bookmark|
September 20, 2017 10:27:40 PM
Top Contributor (400+ Posts, 200+ Likes)
IMO, it will list around 1000 but might go up to 1200 very sharply.
@ Silapathar i have one lot do you want to buy at 950 if NOT then stop this type of nonsence comment
545.3. Silapathar| Link| Bookmark|
September 23, 2017 7:44:42 PM
Top Contributor (400+ Posts, 200+ Likes)
Why will I buy at 950, it is available at 800 now.....if you want to sell for 700, I can buy 1 lot.
544. Silapathar| Link| Bookmark|
September 23, 2017 7:42:49 PM
Top Contributor (400+ Posts, 200+ Likes)
Among the current lot of IPO''s, this one looked fairly priced but not over priced, still it is going downhill.....I wonder what will happen to Lombard, prataap and SBI Life, which are highly overpriced.
I still believe this one will bounce back and give good returns in 6 months.
@Ankitxyz : Company is not looting you. They didn''t force us to apply. Its up to us to pass such issues. Hope our brothers will get one more chance to get out of this counter.
Unlucky guys, already touched 800/- will go down below 600/-. More supply and no demand because of loss encoring company. So pity who invested in this.