Aur bhai log , subscription pe dhyan mat do...Sometimes FIIs dont invest through IPOs but they buy in secondary market on listing date
Like happened in Thinksoft IPO , the IPO was subscribed less than 2 times and within one month the Price went away 300-400 % :)...Same will happen to Ramky... Though the upper limit will be limited for Ramky...The share will go 500-550 on listing day !!! i.e 20-30% profit!!!
Ye GMP GMP kyun laga rakha hai bhai log.... Aaj 70-75% market to FII ki wajah se chalta hai....Unko to pata bhi nahi hoga GMP kya hai....ye grey market me chote chote broker purchase karte hai....FIIs to ekdam listing ke din ati hai...aur price ko 20-30% upar leke jaati hai....ARSS Infra ka listing dekho is saal....Wo bhi more than 25 PE pe issue hua tha aur phale din me 50-60% up ho gaya tha.... Exact story like Ramky
297. aRYANrAJ| Link| Bookmark|
September 24, 2010 4:33:49 PM
Top Contributor (600+ Posts, 100+ Likes)
Read that as 906.68 cr not 206.68 cr. :-(
296. aRYANrAJ| Link| Bookmark|
September 24, 2010 4:32:02 PM
Top Contributor (600+ Posts, 100+ Likes)
298. Ravi,
1st 15% price range is vague and absolute idiotic. Seems promoters have not done homework and if you see share capital requireent, they need money for working capital which shows they were in hurry.
2ndly PE at lower band is 14-15 which is feasible instead of 20 at 468. Infra companies like IVR are available at 20 PE, hdil at 15 so why risk on new kiddo. IVR market cap is 4500 cr, 5 times of ramky, 206.68 cr whereas ramky has projected 30 cr in fy09. So comparing to peers it's costly at high end.
I'm not advocating it at lower price band also as cheap but since at 405 it leaves us enough to make money it can be dirt cheap.
KK What is there to do research in an IPO, the problem here is nobody want reads the DRHP, if people try to learn, one will realise how big fools they are, are they visiitn the plant, are they meeting the management, are they talking to the company's clients?, no, Infact they are bunch of guys who have no work, a little knowledge, full time on the site basting thier head off
286 Anonymous, Please note that SJ and Gem do a lot of research and post information for the benefit of other boarders. When they are unduly criticized or cornered they hit back hardly. They don't blame people who do not criticize and who need help.
KK natrajan, your friend SJ seems to have withdrawan his applications after trapping you and other boarders. my best wishes to you KK natrajan, for your sake, I wish the issue is priced at the lower band and you make some profit
288. aRYANrAJ| Link| Bookmark|
September 24, 2010 2:20:59 PM
Top Contributor (600+ Posts, 100+ Likes)
Ravi I'm not Chem Cho or not advising you anything. I'm disclosing some facts.
Wabag started in 1924. It's an 86 year old co.
Va Tech started in 1956, it's 54 year old now.
Wabag Austria and Wabag Wassertechnik own 157 patents.
Va Tech Wabag India has 16 patents.
It's ranked no 1 in India and 2nd in world.
They have completed 24000 project sperately and 6000 as Va tech Wabag since inception when in 1999, VA Technologie acquired the Wabag Group.
Having said this, Face value is 5, 1310 a share it too high for a risk. Take your pick.
Dear SJ, Happy that you are also staying put in Ramky. You are in with 3 lots or 3 full applications? What is the chance of losing? Please do not say go and see the old posts as I have just come and hard pressed for time.
I have applied 3 full application I can take risk up to 5% of price wheter I should hold application or not.Kindly advice .Every broking house and experts have advised for this issue.
Dear Sreedhar, Please let me know whether remaining in Ramky is a risk. What have you done? There could be information if I go for the old messages. I will do it when I find time. But inform me now.
K K Natrajan, whether you are an expert or novice, I dont know, but one thing for sure, you are a humble man, god bless you, unfortunately the same thing cannot be said about your 2 other friends SJ and Gem, one is an arrogant fool, the other has a bad mouth full of foul langauage
Dear Sreedhar, SJ and friends, Atlast I'm back after missing you all for so many days, that too in a period in which there are so many IPOs! I find SJ was having fever. I used to wonder in the past seeing the timings in which SJ posts his letters whether this man is slleping properly or not. Dear SJ, sleep properly and take care of your health. In this period I sent 3 full applications each in Career, Eros and Micro and 1 full application in Ramky. After seeing the subscription of Ramky I thought of withdrawing application but then took risk and left as such. I now have money for applying VA Tech in full and then some money left for which I need advice of friends about whether to choose Ashoka or Techpro or something else. Please advice. I also find some letters equating (or scolding) me with the real experts like Sreedhar, Ravi Bangalore, SJ, GEM and Saharanpuri. To such of those who feel I'm an expert let me tell you I'm a novice.