42. Nidhike| Link| Bookmark|
November 27, 2017 10:09:03 PM
Top Contributor (300+ Posts, 500+ Likes)
Submit Print Close NOTICES Notice No. 20171127-39 Notice Date 27 Nov 2017 Category Company related Segment Mutual Fund Subject Listing of Units of BHARAT 22 ETF a scheme under ICICI Prudential Mutual Fund
Content Trading Members of the Exchange are hereby informed that with effect from Tuesday, November 28, 2017 the units of BHARAT 22 ETF, an open - ended Exchange Traded Fund, are listed and admitted to dealings on the Exchange in the list of B Group.
Name of the Mutual Fund: ICICI Prudential Mutual Fund Name of the Investment Manager: ICICI Prudential Asset Management Company Limited
42.1. PSR| Link| Bookmark|
November 28, 2017 3:09:43 AM
IPO Guru (1300+ Posts, 700+ Likes)
According to the information available in CAMS, the NAV is about Rs. 37.64.
- It is very hard to make from hospital line of business. - If we compare with peers for eps, p/bv, debt ratio, growth etc. price band looks reasonable not attractive. - Chances are more that it will list around 15 - 20% up from issue price. - Issue size is small and due to huge participation allotment is tough. - I suggest apply with one lot per application. - It is advisable to book profit on listing. On mid to long term rewards are limited because of limited growth and key competitions.
EPS for FY14-15 >>> Rs.2.94 (Page #117 of RHP) EPS for FY15-16 >>> Rs.4.30 (Page #117 of RHP) EPS for FY16-17 >>> Rs.7.16 (Page #117 of RHP) EPS for Q117-18 >>> Rs.1.63 (Page #117 of RHP)
At EPS of FY16-17 asking for PE of 35, while peers have PE value at current value as mentioned below:
Apollo Hospitals: 70 Narayana Hrudayalaya: 73 Healthcare Global Enterprises: 124 Fortis Healthcare: Negative EPS, thus not comparable
INDUSTRY P/E average: 52.16
Even if we annualized(1.63x4) Q1FY17-18 EPS, at the upper range PE comes at 38 which is very low compared to peers. It would have been good if we can get Q2 results also, Can we ????
I don''t know Why promoters are being so kind to investors??? One point is that financials have not been consistent for Shalby, haven''t compared that with peers. But on balance sheet stock is seeming reasonably priced compared to its peers and give some room for investors to earn profit.
Not sure about listing gain, this is fundamental comparison only. One can apply for target of 300 within 4-5 months, if company''s financial doesn''t deteriorate.
PE is not the only parameter to compare peers, We need to see overall pack of P/S, PE, D/E, EV/EBITDA, margin, pedigree, Expansion plans, caGr, m.cap/, market sentiments, sector outlook etc 100''s parameters to decide apply or not?
Still not seen rhp in details, But shalby operating higher RoE, margin must be due to less expansion, less Assets, lower presence, it''s actually good but
@upper band m.cap near 2680cr, Which is justified for 330cr sales ??
This whole hospital model is quite fancy, personally i m not bullish on this sector but if see 2-3FD listing then will apply definitely.
Also Shalby is present mainly in gujarat, from where I also belong. I''m not sure about other things but pedigree, Expansion plans & asset but the way hospital business work is quite awesome for them, them I mean the company operators and promoters.
They actually do business and not service. The way they earn money is quite simple, threaten the people and improve the margin. most of the private hospitals do that. Thus, they can expect higher PE
32. P M| Link| Bookmark|
November 27, 2017 6:00:08 PM
(1100+ Posts, 1100+ Likes)
IPO - 2017
Makes New all time high today ======================= ------------------------------------- Issue price ------ New High ------- Return % Apex Frozen Foods ------------- 175.00 ---------- 641.20 ---------- 266.40 Dixon Technologies ------------ 1766.00 -------- 3301.00 ----------- 86.92 Mahindra Logistics -------------- 429.00 ---------- 457.00 ------------- 6.53
Makes New all time Low today ======================= ---------------------------------------------- Issue price ------ New Low The New India Assurance -------------- 800.00 ----------- 635.00
Shalby Hospital Financial: Shalby Hospital is well known name. They have revenue of 333 crore in 2017 which increased 13.77% compared to 2016 while PAT is doing good around 62.6 crore increased 66.49% compared to 2016. The things are looking good for the Shalby Hospital and it will be more interesting to see the results of 2018.
You meant ee should always free to advise here and should not do any important work or travel to any relatives or if health unwell then also post to serve b....d like ...
25. P M| Link| Bookmark|
November 27, 2017 3:21:23 PM
(1100+ Posts, 1100+ Likes)
Because EE has great interest, gifted with luck. Started with interest and had good knowledge but Now, may be interested in making money creating groups, many blind followers, making money using this opportunity Nothing wrong in that, but educating people is better. Here gamble is good in that. EE will just post facts and figures, keep saying what she wants to say but won''t answer any queries. Wont answer how to gain knowledge also. Beginners find it difficult to follow her. Questions may be stupid for her, but for beginners, its important.
Just ignore EE or whoever it is and keep educating yourselves. All can be much better if you put efforts, but reg where to start, and how to learn, it also requires luck and needs guidance.