Dear Sreedhar, I sent in 2 applications for SKS, as I thought of the difficulty with regard to Bajaj Corp. Now tell me what to do for Bajaj Corp. We have one account in ICICIdirect which I am using for online applications and the other two accounts are with Karvy for which I used to apply filling up forms. Can I use the ICICIdirect account of one member of our family for applying in the names of the other two members who do not have online accounts, but have accounts with Karvy. By the by, I applied for 2500 shares of Rei Agro (remember the mutilated application?), 500 for which I was eligible, plus 2000 extra as there was that option and got all the 2500 allotted. I sold them yesterday around Rs 25 (Rights given at Rs.19.50) and during the market closing hours covered the 2500 shares for around Rs 24, wondering whether what I have done is correct or not. So a part of my loss in Shree Ganesh recovered, though still some remains.
thank you ipo finder for grey market premium..... i have given my estimattes in detail with projections till fy14 for earnings and price targets.....plz check my earlier posts on sunday and saturday.......... In breif my projection is as per fy11 expected eps of 46 and pe of 25-30 u can expect price target of 1150 to 1380....i think 1250 will surely be achieved....now i can underestimate coz i am putting fundamental estimates....there can be institutions buying it on listing day coz they got just 1/36th and 1/20th time....cz retail will sell as they got half of what the applied for and would be running to book profits.....so in that case in medium term it can shoot up to higher levels of 1500-1600 as well coz in a months time..all shares of retail could be absorbed....by institutions esp. Diis and Mutual funds....who have not applied in large nos...coz they wait and watch......just as in case of jubilant and then we can see 1600....in a months time...also....but i will advice you to hold it for longer term....in a years time if markets are ok..and sustain these levels...u can expect....target for 2011 based on fy12 eps of 65-70 and pe 30 as anywhere between 1950-2100......... now some may argue why i am giving pe of 30..! Forget....mfi potential and 100* cagr growth......go to moneycontrol...and get quote of mannapura..finance...a company that gives micro loans against jeweleery...which has cagr of 90* and quoting at 8 times book...this is quoting at just 4 times book...although...some can argue that it is not same business....but markets give higher multiples for such kind..of growth...hence pe of 30......... I hope i answered your query and not bored you which other people complain.....he he...
Friends, i tell u invest only in fundamentally good stocks and small investors should never believe in trading or sutta. just be invested in fundamentally good stocks and reap from india growth story. u can earn only when u r patient with ur stocks. churning stocks repeatedly only benefits brokers and not us.
Dear sj, Nobdy on chittiorgarh could give so much information on single ipo,hats of to you !! It will be intersting to know your opinin/expectaions pre & post subscbtions. Waht i mean is what your take henceforth on listing of this ipo milinds
Thanx To All Border's & ET News ( Done Negatively publicity on the issue ) Thanx A Lot For easy Allotment .... Remember my word's .. Share should list 1150-1200 Rs. & Within A month's time volume on the counter should dried down due to cornering by smart investor's ..... Thanx Again .......BOL BUM
Ha ha ha ....seriously ...i had so much requests....from my clients to find info abt this stock...that i gave them....all my research...in this stock since last 2 years....actually one of my brother...works in PE Firm...and he gave me this stock idea since 2008..These guys are m ore crazier.....he personally visited all ofices and rural centres of Sks...to sell this story to his firm and clients......and i am researching on that since then...yes i went to extreme...but then....i coudnt..help it....after 2 years of waiting this stock has finally arrived..
as promised to shreedhar...i will not post...any other info,...until asked for....
Sorry if my overexcitement pissed you people or bored you......!!
Dear Natarajan, We can make multiple applications with single account.In fact I am doing the same with Axis bank account.Lot of other banks also support multiple application.I have come to home Just an hour back so sorry I could not reply to your post earlier.What about SKS? Did you apply?