Sahasra Electronics Solutions Limited IPO Message Board (Page 2)

Lower it lists more I will buy 😅 Risky strategy given most recent listings struggling to maintain momentum but I like the company, the investors (anchors & pre IPO), sector etc. Unless this lists at 85-90%, will not sell my allotment. This is with a medium term view, may not pay off immediately @PLAZA

​@rohiitian Txs dear for giving very clear personal views . After a long time we discussed sme though @MuStrFc @GrayIsTheNewBlack @DEVBULL And many more experts help me when confused and learn a lot for making strategy for applying in smes . As on date no sme in my portfolio except this one so will take care of valuable views.

​@rohiitian Thanks for clear views. 🙏

Peer analysys or any other basis..has anybody estimated fair value FY26?

Like @newgen consultancy  does.

Would be interesting to see at what level , its advisable to sell and book profit.

Boss, what to do now?

🤯

Holding at UC, if sold have to pay 26203 to modiji, dont think crash of 26k is possible here.
​@rohiitian  guide pls.

Bought a couple of lots at 90%, but did not go FF. Think its still dirt cheap, there isnt a player in segment less than 65 PE, and Sahasra will start their semicon packaging plant in Nov so quality of revenue will be way higher than comparables like Aimtron

But most likely some selling will come on Monday because of float. Lets see.

​@rohiitian  True ther might be some selling on monday but overall 70% floated stock absorbed in this falling market is vvv good . Best wishes for your upward journey and alongwith you my one lot will also travel.... actually i used to sell market euphoria freidly stock in which aimtron sold appx 500+

​@rohiitian 
The point is the kind of semiconductor technology these guys will work on is pretty outdated and global semiconductor manufactoring peers working on latest technology gets no where close to this valuation.
Anyways, not applying to much mind here as valuations theroy isn't reallly working in the Indian markets.
Holding allotted lot 🤞
Hope this is also pumped like Aimtron & Sathlokhar by X punters 🚀🚀🚀

Yes this is not the fancy AI chip semicon, and what Sahasra does (and even the other Indian biggies do) is assembly & packaging. But India has to start somewhere, and these are the only guys in SME

If Aimtron can get 65 PE, why can't Sahasra get more (eventually) 🤞

I've long stopped looking at international valuations, India is in its own trip. HUL India at 65x, Unilever UK at 20x 😌 @GrayIsTheNewBlack

There are so many smes stocks are trading at almost 50% of my selling price like QVC/JAYBEE/IPHL/FORCAS/SUNLITE/My mUDRA / Winsol/ Refractoriesetc etc so just cautious in future allotted lots thogh some are also multibagger like KODY /OWASIS/ SANTHAKAR which sold at very low ,,, But in all average is good, Always selling on the same way in boat......

Thanks @rohiitian and @PLAZA yes always cautious, can trade with trailing SL.

​@rohiitian
I'm all for Sahasra getting a P/E of 65 😉 
Hoping that bulk deals would have good names today and not Mansi/Multiplier.

MaMu generally stay away from big float, they cannot corner shares. Many bulk deals would have happened, but whether they will be large enough to show up (7 cr minimum) is what im doubtful @GrayIsTheNewBlack 

🤞 🤞

No fireworks in the bulk deals (Infact I would say, bulk deals today are more of fire extinguisher 🧯)
In case of Aimtron, it was really AKs name on day-1 which had put wings to it.
Won't be a vertical move like Aimtron here, it would be a hard grind even it has to go up.
@rohiitian

Bulk deal threshold too large. Even if someone took a 5 cr position, it wouldn't show. Atleast no flippers.

More than Bulk deal, the market sentiment on Monday will matter. The standalone biz is 42 PE plus there's the semicon sub which is negative PAT, but market will give it incremental value. So there's lot of upside on fair value basis. Question is how quickly it gets there 🤷‍♂️ @GrayIsTheNewBlack

That's what I was also saying, market might take its own sweet time to get to the fair value. A big name would have reduced the time spent to get from current value to fair value.

5 Cr is a penny amount for the names which I was hoping to see in bulk deals and I'm guessing their usual positions are larger than 5-7 Cr.
Anyways atleast not having Mansi/Multiplier can be taken as positive.
​@rohiitian

Which category u applied for and how do u prefer to apply like thru ASBA or thru UPI mandate.does it makr any difference.. ?

​@PLAZA Ji...Many stocks you talked like QVC/JAYBEE/IPHL/FORCAS/SUNLITE/My mUDRA / Winsol/ Refractoriesetc, were listed at around 90% gmp and got more attention from buyers due to incremental price gain in coming days as per advise from x punters.
Further, these stocks were not fairly valued by investors on their future earnings projections. Investors have also fully discarded any major geo political tension after continuous war between Russia-Ukraine & Israel v/s palestine excluding middle east countries especially Iran. Continuous euphoria in market to take it at unsustainable level helped these stocks to go further.
Now many of these stocks are just available at their FMV, we may see them as multibagger in near future if the financials presented in rhp countinues with healthy uptrend in profit vis-a-vis revenue from operations without fail.
You might have sold multibaggers like KODY /OWASIS/ SANTHAKAR to keep amount ready for next ipo or under any fear factor associated with individual stocks,,, But in all average is good, Always selling on the same way in boat......i will also add, patience always pays. But you need to be more realistic than optimistic.
Keep minting!!!!

​@Simply Vicky Txs for suggestions but for sme theory of fundamental and other factor doesn't work in large IMO it works on the basis of position big guys stands. If we general public buys or don't sell then there stands different and ready to exit at any price because after there exit it becomes ilequid.... After all big guys are also doing for making profit and they are right to take stock up and exit if desirable ....in sum up one has to encash profit and don't greedy because some one explained me as such...
AAJ BECHKAR MAWE KI KACHORI KHA SAKTE HAI AUR KAL KA PATA NAHI TELL (OIL) KI KACHORI BHI NASEEB HOGI KI NAHI ...

101cr sales 32%PAT margin ..2.5cr shares.

Management saying 25-30% rev growth expected.

Assumption/ Scenarios:

1. Bull: PAT margin 30%, Rev: 130, PE: 65, then 39*65=2535 cr mcap, Share price: 1014

2. Base: PAT margin 25%, Rev: 120 , PE: 50, then 30*50=1500 cr mcap, Share price: 600

3. Bear: PAT margin 20%, Rev: 115 , PE: 40, then 23*40=920 cr mcap, Share price: 368

​@rohiitian @PLAZA @MuStrFc  Please share your thoughts.. and tweaks on bull base and bear cases.

​@SaurabhJogi If you can also share your ointers on bull bear base case

In my view margins will be more or less similar on standalone basis. There is a reason margin is high in the IPO entity and low / negative in other Group cos; there's a benefit to showing fewer costs & higher PAT here due to PLI and SEZ tax deductions for this entity

The semicon subsidiary will increase the absolute PAT once production starts next month at a consol level

Plus the growth % shoukd be way higher than 25-35%, it seemed like something the promoter said in spur of the monent during the interview when pressed repeatedly. The WC calculations in RHP, and the size of the Capex planned suggest much higher growth

Rest time will tell

The 30% growth appears more for the bear case since the basic export obligation is near 130 cr FY25 to keep availing SEZ benefits. On current mix of export and domestic revenues FY25 should be near 160 cr, but it will be possibly higher than that with the semiconductor manufacturing starting up and with the PLI available; which becomes the bull case.

Anything between the above 2 should be the base case.

Margins are already better than peers so scope is limited there and 25%-30% range should be the optimal level. @HeavyTrader

Not sure if one needs to factor the new tariffs expected to be imposed by Mr. Trump if he wins the election considering majority of the revenue is from the US exports.

https://economictimes.indiatimes.com/news/international/world-news/us-election-2024-how-trumps-trade-war-could-affect-everyday-americans-and-their-businesses/articleshow/113943615.cms?from=mdr

SOLD SECOND LOT

Yes sir sbi asba still blocked lets see when they unblock the amount.

SBI still blocked. I don't know whether problem from registrar or Bank??? Any other Bank same issue??