Omkar Speciality Chemicals Ltd IPO Message Board (Page 35)

Sreedhar Sir,

Good afternoon. I had 100 scripts of Rpower @ average of 250/-.
I heard like after 2013, this counter will give good returns. I can hold this counter for next 2 - 3 years. However I am bit confused on this counter, like should I hold or add some more @ current price level, or exit from the counter, Please advice.

dear sridhar,
how do you predict so perfect, and did you ever fail in your predictions badly ? hope yes bank and tvs motor will shoot up .

Sreedhar,

Cheers, Orchid chemicals results seems to be out,
Net profit of 52 cr compare to loss of 17 cr on QoQ basis and profit has doubled as comparing to the last quarter result of 24cr...

Sreedhar Garu,

Is LICHSFN still good to short?

sold LICHSG future NOW.Sold orchid at 306.5.Now yes bank & TVS motors watch.

dr ravi jain

if u short sale tata steel fut @ 633 and buy in fpo @ 610 what will u get ????????

at the time of listing fut will be a kept a bit unfavourable for u to cover.....

ur profit if u shortfut@ 633 is 633-610 = 23/sh
if u apply for 2 lacs u will be likely to be alloted around 130 shares , supposing 2.5 times retail..

so total profit on 2 lac application = 130*23 = 3000
some loss will be there due to future premium/less discnt to spot for example today discount is 5 at listing it may be 1-2 or premium of 1-2 so loss on future will be say 4-5rs.

so on an avg 2400/2lac may be possible profit

u have to short a min of 500 qty for fut and to get 500 shares u must apply 1300-1500 shares sototal capital require is 10 lacs for a profit of 11000-12000

dont short sell naked,sell only if u want to apply in the fpo

Hello Durai Raj,

As rediff money promoter holding in Vikas WSP is only 14% and for general public its 56%. that means we can't trust on promoters (financial of this company may not be correct). do you still belive it will touch 100.

Regards,
Anil

Looking at the company total income and profit after tax..can we interpret company is working with low margin/low profit business...

as per my understanding at least 15 to 20% PAT should be there to total income....

correct me if I am wrong.

omkar premium 6.5 to 7

vishal r

yes u r correct........
i mistakenly taken 20 cr as pat it should be 11-13 crores,so eps = 6.2 sales = 110-115 crores,nw = 100 crores

so pe @ 98 = 17, bv = 52

so its not cheap @ 17-18 times cy pe.......

Narsimhaiah,
its grade 3.

Dear GEM,

Your PAT ( 20 cr ) looks little bit stretched. H1 consolidated pat was 5.07 crs, so it requires 14+ crs PAT for H2 to reach 20 crs.

But in general considering P/E and P/BV issue is reasonably priced. Hence, will attract huge subscription. Hence, less allotment and less gain.

:(

Grade 3 by CARE

The issue size of Omkar Specialty Chemicals is between BRs. 76.95 - 79.38 Crore. Before deciding on investing in the IPO, it is necessary to know if the IPO has been graded by Crisil, or any other reputed rating agency.

I do not find grading detail in the published info. in this web site. Could any boarder enlighten me on this?

Dear GEM ipo,

I have received ur c. notes. Your trading strategy is very interesting and useful. I will take this as a reference guide for my trades. Thanks for your kindness.

Regards
Subramanian

As per Omkar Specially Chemicals Ltd IPO Co. profits it showing good, Equity is small,subscription will go high, rating also good.price band is 95-98 reasonable in my opinion it is better to Apply.

expected sales for fy'11 = 100 crores pat 20 crores, eq. after ipo = 1.96 crores shares,

so fy '11 eps = 10-12

pe @ 98 = 10

i dont know much about the business but the co is a medium size player,

its not a cheap ipo considering current market conds.

i think in good market conds and with the help of operator it could list @115-125.

its not a wanted ipooooooooo for me ........

Sreedhar,

Well, i was waiting for a long time to such good IPO and for your recommendation too...
Now, both expectations are clicked so going to apply in full force with my friend...

Durai Raj,
I do not post in MMB.If ever I post it will be in my name itself.Omkar Speciality chemicals finally a decent enough issue.

SUBSCRIBE IT ACCORDING TO ME COMPANIES FUNDAMENTALS LOOKING VERY GOOD AND IT WILL SURELY GIVE YOU HANDSOME RETURN ON LISTING.
SO GO FOR IT WITHOUT ANY TENTION