the day has not ended mere bhai and bet iski the check my 3 message "anuj bhai bet laga lo 5% up closing on listing day" kya yaar financial data sahi se nahi padhte message toh sahi se padha karo
Bet is on . when logistic coompanies like globe international carrier and others are ruling below issue price how you expect this one to give returns. lattey industries was better and will do good.
just check price on opening day. ther are huge management issues and promoters did not disclose any information despite repeated information requested ideally this issue should have been cancelled by sebi but as its India jahan sab chalta hai this did not happen
what you can do is write to sebi on why this infomration has not been disclosed which should have been mandatory and issue should not have go through
As per their restated financial statement presented in the DRHP, from FY 2012-13 to FY 2016-17, total revenue has grown from Rs. 1642.76 lakhs to Rs. 2769.19 lakhs. Along with this, profit has grown from 39.72 lakhs to 78.69 lakhs. According to the last financial year, Shree Vasu Logistic Limited stands at earning per share of 1.71. The DRHP also shows the price to earnings ratio based on the basic and diluted EPS of FY 2016-2017 stands at 31.91 while average P/E ratio is 13.76. Hence, the PE ratio is much higher than average, that means the company share is overvalued. In the last FY, the return on net worth (RoNW) stands at 13.62%. The company has a NAV/share of 10.35 as per the last financial year.
If we consider the overvalued price to some extent then overall the company Shree Vasu Logistics IPO Review has a NEUTRAL view. As the company's financial data shows gradually increasing profit statement, its IPO may be profitable for long-term investors only.#Coppied
go and buy stocks form secondary market sme which are looking good and old sme with good business stay away from primary market or new sme as most application are getting sold in grey market s2s
Bad set of numbers from AISL, tommorow knee jerk reaction is excepted. O. K. set of numbers from ICEMAKE REFRIGERATION. both companies have declared dividend.
Dear Umang, I am having SEVEN lots of Allotted Shares Within This year : Focus Suits Tasty Dairy Sarveshwar Foods Uniinfo Telecom E2E Networks & Innovators Facade - 2 Lots Kindly Suggest, What can I do ? Hold or Sell
@Investigator, You have big exposure in SME stocks just like me, even I am having 7 lots of sarveshwar & 1 lot of cadsys. You're fortune that you don't have exposure in single company like me. You can stay in focus & E2E. you can exit in tasty after flat numbers of FY 18. Uniinfo is also sell. In sarveshwar results is on Saturday, if results are good then you wilI get chance to exit at issue price. In innovator you can ride momentum with trailing stoploss.
I am planning to switch my 4 application of sarveshwar to firstsource solutions, to reduce my exposure in SME.