on 9th dec we will know whether it is sleep less or it is sleep well.
i feel it it sleepwell by name or by nature also for unique and good thing we have to pay more it doesnt mean it is expensive
remember infibeam now it is almost dubble+ isuue price. i feel it will list 80-90rs++ premium and by luck if it is list in discount i ll add more and hold till 4digit 1000
The current environment makes this IPO a high risk investment, given the rich valuations. The only certainty is the uncertainty in the present scenario.
But good brand, good management & institutional backing will provide support, if it falls to lower levels.
Others with lower capacity of risk can wait & watch.
174.1. Eagleye| Link| Bookmark|
December 1, 2016 3:06:35 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Terms like valuation, balance sheets, PE & other rations are thrown out of the window. Hopes & prayers make for better considerations!
Anyway, there are different ways of looking at companies, some look at the the most micro details, others look at the macros. Some others a combination of both.
I have invested on some companies long back, so that Manappuram Finance, Infosys and Wipro are -15% above. And Axis Bank, IDFC, ICICI Prudential Life Insurance, SBI and Spice Jet are below -10%. Please suggest me that I have to hold or to make it average or to sell these and invest in other companies. Please suggest anyone, it will be helpful for me. Thanks in advance.
They are having 35% market share in foam business. Not only doing business in India. They are doing business in Australia also. The only concern is higher price band and recent political situations.