PTC India Financial Services Ltd IPO Message Board (Page 23)

Mr Simpleton,
A humble request to you.Instead of surfacing every now & then & posting kind words about me why can't you post something useful about some IPOs. It would have been great if you had posted about these IPOs.
You have made 3 postings till far on Chittorgarh & below are the three posts.

Simpleton Mar 14, 2011 11:35:28 AM IST | I Like It. Like | Report Abuse

Simpleton's - IPO Recommendations, IPO Comments, Public Profile
PTC India Financial Services Ltd (PFS) IPO
"One more thing most of those who applied in Fineotex & Sudar will face crippling loss in another Issue becos blindly applying for such Issues will even out & with all charges & brokerages they will face loss."

- Sreedhar Sir, you are the Rajnikant of share markets. The IPOs you apply in and earn, are the best and you can continue to reap further profits endlessly. But, if others apply in IPOs, and by mistake earn profit, thou shall earn ur wrath and losses and rot in hell! ;)
For them, it eventually evens out, but you sir are Rajnikant :D
ps > Hope you dont mind me comparing you to Ranjikant. Or may be Rajni will mind, not sure! Am confused :)
As always, good job! I hope one day these morons listen n learn from you!

Simpleton Mar 01, 2011 3:37:54 PM IST | I Like It. Like | Report Abuse

Simpleton's - IPO Recommendations, IPO Comments, Public Profile
Lovable Lingeries Ltd IPO
Dear Sreedhar,

You have no idea how relevant my question is. Unlike others, I have nothing personal against anyone. I mean never post on this forum anyway.

In your excitement you missed my point completely. And I wonder what got you so worked up? I think my question was plain simple and polite.

Looks like these two people asked the query on this board. But you, for reasons best known to you, chose some other medium to respond to them. So why not ask about their well-being there only? I'm sure people like Gane, Ken Shah, when they ask questions, they speak for everyone, so you can post here and everyone can benefit. But you chose otherwise.

"Another query by Kenshah has been removed by Chittorgarh becos in that he has asked which stocks to short on budget day & he had given his mail ID."
Do you know why C-garh did that or any other board administrator over the world would do that?
For two reasons;
1) Anything that will put your email address on to a publicly accessible web page will, in all likelihood, cause you to start getting more and more and more and more spam. Why? Because one technique that spammers use is to visit all the web pages that they can, and collect anything that looks like an email address to add to their mailing list. So refrain from asking to post and posting personal details at public forums anyway.
2) To stop precisely the kind of action you have done. People tend to use a public forum like their private property to advertise their personal details and build their personal communication channels. It's gross disrespect to the forum whose infrastructure they use and other boarders like Mr BJ, who regularly visit here and contribute.
And this Sir Sreedhar, is precisely the point of raising my question. Believe me, I'm not implying you have any such intention. I just wanted to highlight a key ethic while using public forums.

My question to you sounded irrelevant, but how about your message? No one had a clue what you said, why you said, hence the query by Mr. BJ.

I appreciate that you have been gentleman enough to respond. No offences once again, I appreciate the pain you undertake and do this social service.

Regards!

Simpleton Mar 01, 2011 10:45:23 AM IST | I Like It. Like | Report Abuse

Simpleton's - IPO Recommendations, IPO Comments, Public Profile
Acropetal Technologies Ltd IPO
Dear Sreedhar,

Referring to your comment
"Dear Gane & Kenshah,
Hope you have made good profit shorting the two stocks which I have given.Market is at such great heights but the stocks are down."

Don't get me wrong, I respect you and appreciate your efforts but I don't get the point of posting this here.
Apparently these people used some other medium to solicit your reco, why are you then asking them here about their experience from those calls?
Is it becos even if you did not post your reco here, you certainly dont want to miss out on the larger audience when you self-boast?
I think am surely missing the point so would need your help.

Again, pardon my ignorance. All due respect to you and your service!

Thanks n regards!

--------------------------------------------------------------------

I think you are existing on this site only to say some kind words about me.Get a life man.
For your info my cousins have applied for Acropetal without knowing abc of Acropetal . 1 out of 10 scrap ipos will give give good profits.If say they have applied for 9 other IPOs which are trash what will be their net profit? Take some time off & check the performance of all ipos which listed in last couple of years & you will see how much money people made by applying to such Issues.
Most of friends earned more than 10 times than what I earned when Market shot from 17 K to 21 K in Dec 2007.They are now in debt.
I posted the message to discourage & even frighten people to applky for such IPOs. If money making was so easy in stock markets why do 95 percent traders suffer losses??In Dec 2007 people thought they would make cheap money & now they tremble with fear at the slightest mention of Stock market.
I posted the message with my experience & it has proved right in most occasions.
Check this application no in allotment section of sharex.Appl no.12259766.
Post some useful info instead of praising me everytime & putting me on a pedestal.I do not mind my comparison with Rajni.Thanks for being so magnanimous in your comparison.

CAN ANYBODY TELL SBI BOND KA ALLOTMENT KAB AYEGA?

Thanks onlyipo

PFS KOSTAK 2 LAKH 2700 AHMEDABAD

Sorry i forgot to reply of your third question. You have to open current account for over draft facility and interest of your over draft account will remain in fixed deposit when it mature it will be payaale to you. And currently state bank of india offers 9.25 percent interest rate for 555 and one thousand day deposit w e f today which was 9 percent earlier

@stiffknot, on your fixed deposit in state bank there is only 10 percent margin required, secondly 1 percent higher than over draft is given without negotiation as per rule of the bank and negotiation is not provided for retail in state bank. This facility are provided irrespectively to all the customers

"One more thing most of those who applied in Fineotex & Sudar will face crippling loss in another Issue becos blindly applying for such Issues will even out & with all charges & brokerages they will face loss."

- Sreedhar Sir, you are the Rajnikant of share markets. The IPOs you apply in and earn, are the best and you can continue to reap further profits endlessly. But, if others apply in IPOs, and by mistake earn profit, thou shall earn ur wrath and losses and rot in hell! ;)
For them, it eventually evens out, but you sir are Rajnikant :D
ps > Hope you dont mind me comparing you to Ranjikant. Or may be Rajni will mind, not sure! Am confused :)
As always, good job! I hope one day these morons listen n learn from you!

Friends,
price band of PTS financial services out in Financial express.Price band is 26-28 & discount of 1 Rupee to the retail investor.At 28 Issue is costly.

koi pashtava nai k mene sudar,finotex nai bhare.......better luck next tym bcoz market to aisa hi rahega kai nai jayega aisa scenario.

@ 100.onlyipo, The info is quiet interesting. I need the following further info...
1) Upto what extent does SBI provide OD against FD, is it 100% or lesser? Kotak provides only 80% to me.
2) 1% above FD interest rate, Was it accepted after negotiation or accepted up front?
3) OD amount is credited in the Savings a/c or is credited in a separate OD a/c? If it is a separate OD a/c, is it possible to apply ASBA from that OD a/c?

onlyipo - Thanks. Thats a useful info. I will now approach my bank to reduce the OD interest rate.

Savings on 1% reduction in OD - 20 lakhs X 1/100 X 1/12 X 15 days/30 => Rs.833/- per ipo

Please read as you have to pay instead of say, as i am posting from mobile this kind of error occurs

Friends, better is to go with over draft with state bank of india you have to say just 1 percent higher than your deposit rate for outstanding amount for eg if you have f d of 9 percent you have to pay 10 percent

Dear bangalore king,
Thanks for taking my comments sportingly.

Sreedhar,

I agree with you. I was just sharing whatever I see on sites. Going fwd, will make sure to reveal the resource.

All the best ! Hope Loveable and SBI gives us that kick !

Standard Chartered Private Equity invests Rs46 crore in Innoventive Industries
February 23, 2011 02:30 PM | Bookmark and Share
Moneylife Digital Team

The investment includes a primary infusion of Rs30.4 crore into Innoventive Industries as part of the pre-IPO investment

Standard Chartered Private Equity (SCPE) has invested Rs46 crore in Innoventive Industries Ltd, multi-product engineering company based in Pune. The investment includes a primary infusion of Rs30.4 crore into the company as part of the pre-IPO investment. This funding will part finance the expansion of the company's existing precision steel tube manufacturing facilities at Pune. With this investment, SCPE's equity stake in Innoventive Industries will be 10.14%.

Innoventive is a multi-product engineering company focused on precision steel tubes and value added steel products (including boiler steel strips) and oil well couplings (through its subsidiary). The company's product range find application in diverse industrial sectors including transportation, oil & gas, power, farm equipments and general engineering.

Rahul Raisurana, managing director, Standard Chartered Private Equity, said, "We are delighted to invest in Innoventive Industries. The precision tubes, tubular products and related spaces present significant growth prospects. We have found Innoventive Industries to be the right partner because of its focus on product and process, a key differentiator for the company."

Recently StanChart PE invested Rs.46 Cr in in Pune-based Innoventive Industries Ltd, which manufactures precision tubes and tube-based auto components, for 10.14% stake.

Innoventive Industries which is a multiproduct engineering company based in Pune may come with its 200 cr Issue in march 3rd week.

Dear bangalore king,
This is what I found in First choice ipo analysis:

IPO ANALYSIS - PLAGIARISM IN PUBLISHING ANALYSIS.
Plagiarism is rampant in internet publishing. They follow the simple CAP technology. Cut And Paste. It is easy and simple.The latest addition to the list is Bell the Bull.com. Among others, this site, provides information on IPOs. Its author / publisher Sri Khalid has copied the analysis of the forth coming IPO Lovable from First Choice and published in his site, as if, it is his own original views and analysis. No credit, what so ever is given to First Choice IPO. The only consolation, interestingly is, Sri Khalid is one of the followers of First Choice IPO analysis site.

Hence Please do mention the source if it is not your original analysis.
One more thing Mr Prasanna jumps the gun regarding ipo analysis.He does not wait for Red herring prospectus & gives his analysis based on DRHP,case in point is Lovable, When the net profit already crossed 12 Cr till Dec QTR,he was assuming 12 cr profit for financial yr 2010-11 & decided to give an avoid rating saying it is costly at 30 PE.
Given below is his reco on Lovable:
VALUATION AND RECOMMENDATIONS:

At Rs 195-205, the issue is very expensive, considering the bloated equity before the IPO. Assuming that the company will report a PAT of Rs 12cr for FY 11 (up 20% over previous year), the EPS on the post issue equity of Rs 16.80cr will be around Rs 7/- and the PE will be around 30 which makes the IPO expensive. Most of the IPO funds will be spent on brand building, JV and Excclsive out lets, which may not add up to higher margins. Compared to the previous years, the margin in the year 2010, (IPO in mind) has improved substantially which is to be taken with a pinch of salt. AVOID SUBSCRIPTION.


This was my comment after studying the red herring prospectus:

Sreedhar Mar 03, 2011 3:43:17 PM IST | I Like It. Like | Report Abuse

Sreedhar's - IPO Recommendations, IPO Comments, Public Profile
Lovable Lingeries Ltd IPO
Dear Bangalore king,This analysis from First choice ipo analysis KA Prasanna is wrong since already the profit is 12.5 cr for the period ending Dec 2010.So it is expected to earn net profit of 17 cr & Post IPO equity its EPS will be more than 10 & Its is coming at 20 PE.This is in comparison to Page Industries which is at 32 PE & Maxwell Industries which is at 22 PE.So it is at reasonable valuation

PTC India Fin Serv offers 5% discount to the retail investors. The price band could be in the middle or late 20s.