As a banker I don''t see better outcomes for next 2 quarters.... And wait for final RBI movement for NPA... At least wait till the time all moves got placed...
Guys, its now prooved for QH. Quick heal cannot protect your PC, neither your money. I recall their slogan on FM radio.. "Aapke PC me kon rehta hai".. and we used to reply.- Virus aur QH DONO!
QH had been moderate product performer too.. There are millions unsatisfied customers too. That''s why they need money.. to advertise more and get more inocent customers to their garbagge product.
Bought me back memories of CCD listing. Same kind of listing, only difference it crossed issue price for a brief period whereas CCD never did. Luckily i did not apply looking at subscription figures.
Sorry, I woke up just now after night shift work. Saw the QH listing went negative and felt sad about future 2016 IPOS. I got my suspicions right. I followed Eagle Eye, Rajeev sir closely. For me, point #1, 2 and 3 to some extent has worked (SEE BELOW POSTED MESAGE NUMBER 15)
This is the how I analyse IPOs. Thank you seniors!! According to point #1, listing has gone 10% below gmp. and point 2 has also worked.
15. Shivajee Feb 10, 2016 5:50:48 PM IST Reply Quick Heal Technologies Ltd IPO I have my own calculation.
"1. Marginal GMP means, I will minus 10% of that GMP from issue cut off as listing price. If GMP is good I believe it will list good.
2, 10 x qib means green listing.
3. If any boarder says overvalue, PE high, then also it reduces the probability for investment but for listing gain ok.
All these criteria not met for this QH. So I avoided. Now tension-free. At least no loss if no gain. Going to cake shop to enjoy Blackforest -)
To all those who applied, I wish them best of luck....Be in touch friends, when some other IPO comes lets meet again."
@Shivajee, Im glad i skipped this IPO... and so far 2016 has been rocking for me with Teamlease the only one i applied for...so its a matter of perspective. I think there are good IPOs in the pipeline and once should analyse well before investing. Im not sure there are any experts out here but its good to listen to what the sr boarders say. In the end its our money and we should tread cautiously.
Given that the so called experts are failing time after time... Im wondering if I should speak to astrologers who would do a better job.. In any case Im more of a conservative investor and I look at Oversubscription * times to decide how to go about investing..All the PE and the GMP also doesnt work ....But Ill settle with the QIB point you made....ive checked historical trends and that definitely holds value except for one IPO i think
Yes you got the point Allan. Also look at market background. Even if an ipo hugely subscribed, market should support also.
The market experts will shout anything in our country. I heard most of them are paid well for just shouting and convincing people positivity. TV channels, news, websites, experts all make money recommending loss makers for the retailers. Remember a leading broker with animal symbol said sensex target 50 k and 80 k. They got scared as retailers sell everything and take their money out of trading accounts. They are bombarding individuals with mails like never before, to participate in their new new schemes or calls (even in current situation).
I would say, this is actually a sin, but that is "polished away" in the name of "microscpic letters in disclaimers" etc. None bothers about retailer losses. Its not proper to live out of other people''s loss and making money for recommending those losses. Its a big sin...BY the corporates TO the investors. We get a big proud of shareholders, but do we enjoy the same cars and AC rooms that the MD does?
1. Dilip Davda is an expert posting opinions. His opinions are generally good, but we have to observe other boarders too. We should take a collective decision based on all their opinion and not Davda sir''s alone.
2. TL, not everybody rejoiced. It went down suddenly, and that time many exited. Lucky ones like you stayed on to reap profits.
3. Don''t go to astrologer. He will ask you to wear a diamond ring for Bright prospect or some other "parikara" and charge 50 k. It will take few trades at least to compensate that. He will recommend a particular jewel shop. He will collect fee from you and commission from jeweller too! Just act according to situation/time EVEN in the case of a good IPO.
4. Yes the PE and GMP did not work (for PCL and QH respectively). You could understand that from my points posted already point 1 and 3.
Now people like us are in a clear picture I think. We know the strategy now. I know nothing, but I have this formula by observing seniors'' messages, myself. I always take simple solutions rather than complex calculations. This is what I can do now re. markets.
True..Suit has to filed seeking damages... such things happen in India only and there are some cheat like Eagleye in this forum who are taking most of us for a ride. This Eagleye must reveal his/her identity if she has got little bit of conscience
Please do not blame others. Eagleye has been a good contributor. They can only put their views forward. Plus she never advised any one to invest in this IPO. The decision was urs only. Blaming others is not correct.
Don''t say its becaof Eagle eye. If you observed closely, Eagle eye never recommends subscribe or not, but only updates GMP. I benefit a lot from these gurus. I did not apply after EE and RKS msg.
Just thank EE for being so informative. Don''t discourage good people at all. Its a sin, and it will only impact this forum negatively. EE might get discouraged and will stop posting msg. Just watch or thank, but don''t blame please.
I hv no fundamentals or time to study but their msg always help me. At least, saved from loss, if not making profit.
Quickheal Technologies facing fraud charges by ex-employee. Former director Manohar Malani moves SEBI against company. Complainant alleges fraudulent transfer of shares worth Rs 400 cr & files charges against promoter, i-bankers of quickheal.
The said issues had come in public domain on Jan 28 only but were not highlighted or the facts were hidden. It was all available on SEBI website from 02 Feb. One just had to read them.