Reliance Nippon Life Asset Management Ltd IPO Message Board (Page 71)

Within 2-3 Months
It may trade within 190-210 range...

Any technical plz. Share

Why Will market give it a PE of 38
Its Margins are Declining
Growth rate for last 2 year is around 7%

But AMC Industry which growing around 23% is a positive factor and its Third largest AMC right now.

So very optimistically 28-29 PE is OK
At 28-29 PE its value comes in between 190-210.
I think 28-29 Is also Higher for This...

So its a very rough estimate

I read in the overview section that Reliance Nippon is the third largest in terms of business in the AMC industry. Can anyone please tell the market leader in this industry ?

As per prospectus
1.ICICI Pru
2.HDFC AMC
3.Rel.Nippon AMC

Thank you .

Greedy. You seem to have lost your sense. And stop typing in caps. Learn some etiquette.

How about short selling some shares at GMP?

Based on Issue Price of INR 252

Revenue Growth      18.24%
Net Profit Growth      14.98%
Asking PE based on diluted FY18 estimates      33.30
PE based on FY17      38.30
PEG       2.22
Fair value as per PEG       Rs 113.37
P/BV      8.97
RoNW> 22%      
P/S      10.74

Dear Robin , there is no universal standard guideline for which figure to watch in which case.You have to see the comprehensive picture.
For e.g. a company can have very high PE ratio and PEG also very high, indicating that, Growth is not commensurate with PE valuation, but still PE would be justified if, it is an asset play(having cash rich assets)

As for Reliance Nippon case, we certainly have to look for their Asset CAGR and Cash flows growth.... they must be positive and growing, because business profile is such that only... It is like a machine generating cash. So I suggest here to give emphasis to P/BV, Asset CAGR , FCF etc...

Best teacher is time ( experience) and learning, since you are new, start with basics , preferably Fundamental Analysis and give some time.. As for links you can start with Zerodha varisity.
Thanks for A2A

Thanks a ton.. Pls keep sharing ur experiences and knowledge. May God bless u.

i would request retailers to stay away from anil ambani stock and not allow him to take advantage of investor sentiments again

you all know how he priced rpower type of stocks at so high price. even its other companies rcom,rinfra and others have been wealth destroyer

teach them a lesson and power of retailer. anyway i would have not applied even if it had come with less than 10 p/e and it has priced this one at 35 p/e

lol.he knows how to fool public

once again those who respect sentiments of retailers whose money was destroyed in rcom,rnrl,rpower should stay away

DO remember DLF AND Anil amabni . these can never reward investors but just come to take investors money and enjoy with their bad business practices

Well friends, this company is working under many regulations. Company is managed by professionals and Nippon Life of Japan as equal partner will not leave any room for miss-management. Just look at their valuations and working fundamentals before taking any decision for investment. Other market perceptions are not relevant for this professionally managed AMC.

I am totally agree with Dilip Davdaji about professionally managed company, Japanese company Nippon is holding 50% etc. I want to share one practical situation. When one company is doing good and two partners are running the company at that time everything will go smoothly. But when one partner makes losses in other businesses at that time he is looking at business which is profitable.

Same way here all ADAG group companies making huge losses. They are near to bankruptcy.
When ADAG have more pressure from lenders at that time there is no choice for Anil. He need to pull out money from Reliance Nippon, give his shares of Reliance Nippon to lenders as guarantee. This way this will affect Reliance Nippon because they will not reinvest money in business. They will loose brand name etc. Eventually they will loose customers and business. They will not focus on expanding business.

I think it is better to stay away from this IPO or sell applications in grey market.

those who have not learnt from previous experience of adag stocks rnrl,rpower etc..
anil ambani is not investor friendly .
also if you look at all finance stocks they have rallied except reliance capital.

i would avoid anil ambani shares. anyway even at this price he /prmoters/lead managers trying to take advantage of retailers and good sentiment in market


avoid. instead buy other stocks in market.
i can bet this would have heavy selling considering the background of anil ambani reputation of its stocks,

surly it will go up for some time because that they want to market reliance general ipo. so surly they will kept in higher end

Dont avoid , Better to sell in grey market who are scaring from listing ,,, past performance etc. !!

Safe bet can be play

Kostak 750
Sub 2 3300
Premium 70-72

U will buy application

@Niceone: I am located in Bhuj and I don''t know you. Since it an all cash deal only people knowing you will buy / sell with you. Contact your broker, he will be able to arrange something.

ADAG GROUP KA HAI OR RELIANCE POWER ABHI TAK LOGO KE DIMAG ME HAI ISLIYE SAMBHAL KE BHAI LOG

Form start at 600 rs

Grey market premium?

Reliance Nippon GMP 68-70

Gray market activity starts in Reliance Nippon two days earlier and now Gmp is increasing.
Presently Gmp touched 50

Should I apply for Reliance Nippon life ?

There should must be minimum 15%listing gain. so you may apply.

TOPLINE - Past performance of the promoter DOES indicate the future performance of the company

BOTTOMLINE - Retail investors do not commit same mistake again & again

PE, CAGR, Intrinsic Value ....don''t throw complicated words on retailers...

Give answer to simple question.

When will ADAG stop living on non promoter shareholders money?

Reliance Nippon Is one of Very Good AMC IN India Right Now , Looking At Fundamental it Will Give Atleast 15-20% listing Gain.

By Considering GMP Activities It will be Good IPO For Sure

GMP 51-55Rs
KOSTAK 550-625Rs

Damit this one also

KARVY.

SO I AM NOT APPLY.

Mr. Manofsteel
Thanks for your reply
I don''t know English well.
I am comfortable in Telugu.

But any how grammar is not important

CONTENT MOST IMPORTANT.

:)

## Can we do it ##

all know past m ky hua tha ky nhi .........ADAG group ksa h ksa nhi .......but sirf apply mt kro avoid kro ...paisa leke bhag jayega in sb k bjay...sirf or sirf

Can we foucs on Reliance nippon co. fundamental , performance ...financial etc....

may be it be related with ADAG group , but every time without knwing fundamental can''t judge too early.......

if we discuss its financial terms , then we better know it & better safeguard & if any profits looking in it we can book that also with safely.........na ki past asa tha isme ye hoga asa hoga in sb se....

Hope serious members agree with me , understand my point !!

Financials can be cooked if someone is planning for IPO. One should always look that who is the head of the organisation