15. lucky boy| Link| Bookmark|
December 3, 2023 10:02:47 AM
IPO Mentor (1300+ Posts, 400+ Likes)
1 dec bhi ho chuka hain and kfin bhi aaya hain, matlab 3rd party dalke check kar sakte hain kuki kfin allotment status main dalega rejection 3rd party.
FY 24 PAT Expected Earnings : 380 cr EPS : 24.15 So considering Big Gap between PAT of 2 consecutive Year , A Lead Manager will always consider a It's preceeding year as a base and try discounting It's Forward Earnings to make Issue Attractive
So As per my Calculations They Should Value the company 13.5-14.5 times on Forward Earnings
So M.cap comes at 5320 cr So Price Band should Comes at 340 Rs PE On FY 23 Earnings : 32.4 Times PE on FY 24 Fe : 14 Times
PB on FY 23 : 2.44
So Expected Price Band is Around 340
If you are a Fundamental Expert or even Good in Basics , You would find something Very Investor Friendly In This issue That ,
Company or LM's cannot price it above a Price To Book Ratio of 2.6~ on Current Earnings , But in next 4 months it will come down to 1.2 Making this Company Ultra-Attractive and Very Good Long-term Bet .
For me It's a 8500 cr Company coming at 40% discount 😀 and Going FF even if price is slightly on Higher Side . I am Personally Very Bullish Here.
@newgen consultancy i have few shares and in loss right now, since you recommended could you please advise whether i should hold and expect a turn around or just sell them in loss: 1. DCW 2. Assoc alcohol & Brew 3. ESAF small finance
@newgen consultancy sir what expected targets shall we hold WArdwizard innovations......or shall we will hold for long term(Time target not price target way)....really appericiate your opinion on the same....Thanks in advance