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SKS Microfinance Ltd IPO Message Board (Page 16)

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1018. sj |   Link |  Bookmark | August 15, 2010 12:35:38 AM
@ silent one dont worry..last .....time they announced stock split it went from 912 to 780 then..again went back to 870 ....then they announced to 3:1 bonus......the stock went from 148 to 118 and then went to 200..........so it is operators ploy to scare off retail guys.......welll it may go up on monday it may not go up.....i suggest u to sell it at 70....but talking about a time frame 6 to 12 months it can easily reach 145
1017. sj |   Link |  Bookmark | August 15, 2010 12:21:06 AM
less than 36 hours to go....countdown begins......well first of all happy indepence day.....i just watched peepli...live today....awesome movie....just go and watch......the movie........tommorow......and stop thinking about mondays listing result.........are zyada se zyada kya hoga discount pe hi to khulega......koi.....ispat industries....ya himachal.....jaise kuda.....kachra to hai nahi....ke mitti ho jayega.......so enjoy..............hmmmmmmmmmmm...................sakhi sayiaan to khub hi kamaaat hai....mahangayi dayan khayat jaat haiii........... phul paisa wassoooll...............wow what a movie...by god....
1016. SilentOne |   Link |  Bookmark | August 15, 2010 12:20:42 AM
@SJ:well SE is at Rs60/- I guess it will move with SKS...
1015. truthteller |   Link |  Bookmark | August 14, 2010 11:28:23 PM
SKS will list at 1050-1100 and will go higher only....day range could be 1050-1200...........njoy and remember the words..........
1014. GANGU TAILI |   Link |  Bookmark | August 14, 2010 11:02:39 PM
LISTING @ 650
1013. KOTAK |   Link |  Bookmark | August 14, 2010 11:00:39 PM
THANKS INVESTORS.
HAMNAIN AAP KO EK BAAR PHIR LOOT LIYA. LONGOT KO JEANS BATA KAR BECH DIYA. PYAZ KO APPLE BATA KAR BECH DIYA. BANIYAN KO SHIRT BATA KAR BECH DIYA. HAWAI CHAPPAL KO REEBOK SHOES BATA KAR BECH DIYA. PAJAME KE NAADE KO LEATHER BELT BATA KAR BECH DIYA. SKS KO GROWTH STORY BATA KAR BECH DIYA. 200 KA SKS 985 MAIN BECH DIYA.

AB AAP LOG APNI PITAI KE LIYE TAIYAAR REHNA KYONI YANHA SABKO BHAYANKAR TEJI LAG RAHI HAI. KOI 1100, TO KOI 1300 KI LISTING KI BAAT KARTA HAI. SUBAH 9 BAJE DEKHANA MAIN KYA KARTA HOON

KOTAK
1012. NM |   Link |  Bookmark | August 14, 2010 10:30:18 PM
SKS MICRO FINANCE GMP SOUGHT UP TO 67/=
1011. Ahmedabad |   Link |  Bookmark | August 14, 2010 10:22:28 PM
In Ahmedabad Grey market premium has shot up from 45 to 65-70
1010. VINAYAK G |   Link |  Bookmark | August 14, 2010 9:49:54 PM
SK MUST LIST ON 1050+/-20 AND HIT TARGET OF 1256 (+/-20) IN THE FIRST HOUR AND SETTLE DOWN AT 1135-1175 FOR NEXT DAY BULL RUN TO 1350-1450 .... WITHIN ONE MONTHS THIS WILL BE THE BOOM IN STYLE LIKE ARSS INFRA ( DOUBLE )
SO KEEP INVESTED.....
1009. santonu |   Link |  Bookmark | August 14, 2010 9:18:25 PM
donot sell any ipo stock on listing day,wait for atlest 3 days for maximum return
1008. Subbu |   Link |  Bookmark | August 14, 2010 9:13:04 PM
Hai! I'm new to this site.

Can anyone tell me whether I can buy and sell shares on the listing day itself?

Thanks and Regards
1007. DR GOEL |   Link |  Bookmark | August 14, 2010 8:39:30 PM
SKS is overpriced but it will become more expensive because we are in a bull market & above that it has Mr Narayan Murthy's name associated with it.
Market is not toppish as the retail is still thinking or rather selling. It will top out when people are mad like in the IPO of R power.The ground for that is being built slowly by EIL, SKS & Bajaj which have not seen a massive retail participation but have given good returns.
Now more people are likely to jump in.
So be cautious & don't sell your potential multibaggers for a song.
All the best
1006. DR GOEL |   Link |  Bookmark | August 14, 2010 8:29:42 PM
HAPPY INDEPENDENCE DAY.
1005. Saharanpuri |   Link |  Bookmark | August 14, 2010 8:15:02 PM
RETAIL INVESTORS SKS MICROFINANCE IS ANOTHER JUBILANT FOOD OWING TO ITS UNIQUE VALUE AS CONCEPT STOCK,ETHICAL PROMOTERS,SOLID TRACK RECORD N SOLID GROWTH AHEAD . SO JUST HOLD OR BUY MORE .

DONT MAKE THE MISTAKE OF SELLING FOR POP.

SKS MICRO is expected to have an EPS of 60 rs & Bookvalue of 340 rs in march 12.

PEG will be hugely less than one even on PE of 30.

Seeing huge growth ahead & chances of it bagging a banking license target price of 1500 to 1800 is eminently achievable in medium term.
1004. SJ |   Link |  Bookmark | August 14, 2010 7:28:32 PM
sureshot nandu can be right...!!

why cannot it go to 1300..whats wrong with that target...1350 is fair price ...46 eps expected and 30 PE in FY11....market always discounts forward earnings and not current earnings
1003. krip's |   Link |  Bookmark | August 14, 2010 7:20:53 PM
new to blog. pl advice whether to book profit between rs 1100-1150 to get out from it.
1002. BK |   Link |  Bookmark | August 14, 2010 7:13:54 PM
SKS Microfinance will close around Rs 1100 on first day of trading – IMBN Poll

1001. SJ |   Link |  Bookmark | August 14, 2010 6:28:39 PM
@ugam gandhii.....

120 rs premium....including discount you mean 50+70...i.e. 935+120= 1050 per share....?..is it..?

Kyun bhai...?

Kyun tum itna high premium mein share le rahe ho......

kuch khabar hai kya pehele se...

Hai to bata...dijiye..?
1000. UGAM GANDHI HEM SEC PALI |   Link |  Bookmark | August 14, 2010 6:18:55 PM
SKS MEIN ME 120/- PREMIUM PER SHARE LENE KE LIYE TAIYAR HOO CONTACT NO 02932322097 PYARO BECH KE CHEN KI NIND SOHO
999. KKD |   Link |  Bookmark | August 14, 2010 6:11:26 PM
Next IPO, Gujarat Pipavav Port opens next Monday the price band could be in the range of Rs. 50-60 (issue size could be Rs.575 crore which includes offer for sale). Having gone through the prospectus of the Company, I would like share some finer points for fellow investors to make up their mind - It is a loss making company since 2006 with NAV of the share as on 30.9.09 (latest provided by Company) of Rs. 8.41.
9M 12 12 12
30.9.09 31.12.08 31.12.07 31.12.06

Income(Crores) 151 121 167 151
NP (82) (60) (70) (46)
Equity Capital- Rs. 315 cr (Face value -10/-)

Promoted by APM Terminals a world leading port operator, the last few allotments made by Company are- came in with Rights Issue in Sep'07 @ 50/-, made preferential issue to APM in Dec'09 @ 47.25. The shareholder list includes UTI which is holding shares since 2000 @ 80/-, NewYork Int'l India Fund @ 80/-, IDFC Infrastructure Fund since 2005 @ 40/- and IDBI Bank which holds 9% stake (pre issue) @10/- by virtue of conversion of FCD's in 2000.

The Co. wants to utilise the issue proceeds for prepayment of loans of Rs. 300 crores and puchase of equipments for Rs.90 crores. The loan book of the Co stands at Rs.1200 cr.
Now coming to per group comparison, we have only Mundra Port which is a much bigger and profitable company cannot be strictly compared because it has been developing SEZ also. However, Mundra Port is cuurrently ruling @800/- with PE of whopping 45.7. Consider the 2010 income of Mundra at Rs. 1392 cr. and NP of Rs. 700 cr. Its Book value is Rs.87/- on equity base of Rs. 400 cr.

So in nutshell, the Company's past performance has not been encouraging and topline has more or less remained static over a period of 3 years which is a cause of concern to prospective investor. We will also have to wait for the March quarter results of the Co to arive at proper conclusion regarding pricing. However, the sector is in favour in India considering huge potential and experience of promoters. The only question is regarding scalability of business for which we will have to wait for managements perception for next two years and how they plan to achieve that. On the basis of whatever financials available, I feel the fair price could be Rs 50-60.
The company is not related with Pipavav Shipyard, yes it was promoted by SKIL, the promoters of later but they cashed out by seling their stake to APM Terminals way back.