2 digits in less than 5 years. 3 digits in 4-6 weeks, because there are always investors who want to "Average it out" who will keep adding at every 100, 200 drop. + Mutual Fund managers using investor money to save their portfolio by again "Averaging it out" It will have some convincing bounce at 1,000 because people will think it has dropped 50%, but that will be short lived. Also, expect management to keep trickling some Positive sounding news bites that doesn''t mean anything, but investors will believe and Add more on HOPE. There you go, I gave you the whole plot, the time horizon may differ, but that''s how it will play out.
I think people buying this are doing a Social Service by enabling people who want to get out; we must appreciate the people who buy at every Rs100 drop. Because Macquarie as told Rs1,200 as the 12 month price target, I am sure people will put a lot of buy orders there thinking that is actually what it means.
I see a lot of people thinking of "Averaging"; this is not the time or the stock to be doing it. PayTM is extremely over-valued, it is only good for intra-day or short-term trades, not Investing, if you know the difference. I am too lazy to explain the whole rationale, but, after the disaster some Analysts are showing the balls to speak out. I wish they had done that before, because I am sure many Retail investors bought in the first half an hour thinking 10% discount is great..
Don''t buy for long term. You can trade it intra-day or short term. I don''t see value in it unless it reaches around 750-850 and only if the management clarifies it''s Objective and profitability plans.
Also, payment apps are low entry barrier and there are several larger players with deeper pocket and supporting businesses like - Flipkart for PhonePe, Amazon Pay has Amazon, Google Pay has everything related to Android and nowadays most banks, including SBI, and private sector banks have good Mobile banking. So it is NOT a long-term buy. PayTM is a clueless and hopeless tier 2 player.
Will think twise to buying at 965/985 ....after cancelled planned at 1365 ...nothing left charming...imo
561. ipobull| Link| Bookmark|
November 22, 2021 10:35:50 AM
IPO Guru (1000+ Posts, 1000+ Likes)
@Rahul rahul IPO I never felt so happy seeing a stock down like I am happy with Paytm sinking. Paytm''s business is going to face even more competition in future. The stock was overvalued and the intelligent people punished the arrogance of the company. So, kindly exit the stock as I see no future for this stock. But finally you have to decide for yourselves. Suno sabki, karo apne man ki...
560. Adp| Link| Bookmark|
November 22, 2021 10:27:37 AM
Top Contributor (500+ Posts, 100+ Likes)
Rahul off papu....Paytm can''t pass sala...infact even worst then relance power .....samja Rahul 35 year ka gyani log....but jaise jiski soch....karo hold and dream about miracles....truth samne he, going towards 1200
Expect PayTM management to make Positive sounding announcements and big newspapers and TV channels blowing that news out of proportion in the coming weeks and months. Expect the management to use the cash raised to buy some companies and say what all magical things it will do with that acquisition. And investors will cheer and give it a bounce, keep trading and selling on all those news, never hold it for long term. It''s Reliance Power and Reliance Communication in the making.
They are already releasing their Festive Season GMV numbers with all sort of hype. This is really desperate, they couldn''t wait till their results?
Whoever tries to compare PayTM to Zerodha or any other Apps and online insurance and mutual fund apps, just ask yourself and 2 dozen people you know; how many use PayTM? for trading, for insurance, for buying mutual funds.
Paytm me jo hoga o monjur ! Lekin ek paytm sobko bolti bandh kor diya sebai unko jinko pas nehi hai. Seana thagha jata hai, to baap ko bhi nehi bolta. Ek baat pacca, agar paytm r tolte jayega to bahut kuchh ko hila dega. Nykaa r jo loss maker ko jaijaikar ho raha hai o bhi isi krome kahi hai.
Mera eki dukh hai , is kathin ghari me Arjun Rajkot ji koi insider nehi de raha hai. R Chalak bhai kundli marke baith giya. Ek joke likh raha he o bhi gujarati me. Sobko mangal ho!
@sarkar mota bhai hamara sath listing tak... listing ke bad lakho expert he.. aap business channel me dekh sakoge. Lomdi ne nahi bhara to same salah diya tha " kisiko nahi bharna ". still no news per kharid ne ka lalach jagah he muje... wait and watch.
553. ColdBurger| Link| Bookmark|
November 22, 2021 12:36:36 AM
IPO Mentor (1400+ Posts, 400+ Likes)
One question from valuation experts!! If Zerodha goes to IPO then what price range is justified??
PayTM money do the same what Zerodha does and Zerodha have huge profit..so much that they pay lakhs in bonus for employees not falling sick. Hope we all agree that Zerodha is minting huge profit. Can we not expect PayTM to earn money at this platform? Also they may get financing license (Small Bank) soon as their payment bank is near completion of required tenure. Does all this helps in estimating the valuation? I am ready to hold it long if future is good.
ब्रोकर संदीप सभरवाल ने कहा है कि वे पेटीएम के बिजनेस मॉडल को नहीं समझ पाए हैं। उन्हें यह समझ नहीं आ रहा है कि पेटीएम को अपने कारोबार में मुनाफा कब तक होगा। पेटीएम जिन सेगमेंट में कारोबार कर रही है उनमें बाजार में तगड़ी प्रतियोगिता है। इस हिसाब से पेटीएम के बिजनेस मॉडल के मुनाफे में आने पर संदेह है, यह वास्तव में समझना बहुत मुश्किल है। इसलिए संदीप सभरवाल पेटीएम के शेयर को किसी भी कीमत पर नहीं खरीदना चाहते।
550. arunARUN| Link| Bookmark|
November 21, 2021 8:55:18 AM
IPO Guru (2000+ Posts, 1700+ Likes)
What surprises me most is that Why retail investors bought despite overall poor subscription amongst all classes of investors. Not too high GMP relative to price. High visible supply of stock. Business model yet to mature towards profitability compared to Nyakaa
550.1. CSK| Link| Bookmark|
November 21, 2021 11:58:29 AM
Top Contributor (300+ Posts, 500+ Likes)
@arunArun- Everyone Biased views toward Nykaa. A company earning 1.1 crores do we need to pay 2500 Rupee for the share. People talk revenue level even 2019 they raised 47%. When Nykaa results announced money control and CNBC just mentioned about there revenue increase QOQ in their headlines.. Profit drop no one reported as headlines. If the same thing happens New giants will show different. Like you and many advocating Nykaa but it is too Pricey..