SKS Microfinance Ltd IPO Message Board (Page 40)

hi GEM IPO FINDER AND SETHU JAIN
HI DO NOT BE TO MUCH OPTISMISTIC ABOUT THE COMPANY MR RAVI BANGLORE , SHREEDER ,SAHARANPURI ,IPO RAJA , ALIBOY SAKAR BAJAR WALAETC AREALSO A VERY INTILLEGENT FELLOW LIKE U ALWAYS CORRECT IN MOST OF CASE THEIR VIEWS ARE ALSO STRONGE
IPO PRICE SEEMS TO BE ON EXPENSIVE SIDE EVEN THOUGH I AM GOING TO APPLY IN THE ISSUE I HAVE A GREAT RESPECT FOR ALL OF U KINDLY BE UNITED DO NOT TEASE EACH OTHER BY THE WAR OF WORD AS OUR UNITED AND RECIPROCAL EXCHANGE OF IDEAS REGARDING THE IPO AND MKT WILL MAKE US WEALTHY WHICH IS THE ULTIMATE PURPOSE OF US

BHAIYON, KISI KE KAHANE MAIN AAKAR APPLY KARNE YA NAHI KARNE KA DICISION MAT LO.

DIKHAWON PE NA JAO, APNI AKAL LAGAO VARNA YEH IPO SKS*** KAR DEGA.

NOTE :- *** SKS = SUB KUCH SAAF

FUNDAMENTAL ACCHE HAIN YEH TO MAIN BHI AGREE KARTA HOON LEKIN YEH FUNDAMENTAL KE HISAAB SE 985 PRICE ACCHA NAHIN HAIN.

OPERATIONAL CAPACITIES ABHI NAHI TO KYA, INDIABULLS NE BHI FUTURE MAIN KAAFI CAPACITIES LAGANE KA BOLA THA.

ISI TARAH SE SKS KA KAUN SA ABHI ABHI 500 CRORE KA PROFIT HAI. YE BHI TO FUTURE MAIN PROFIT BADHANE KI BAAT KAR RAHE. 100% CAGR FOR NEXT 5 YEARS MEANS FUTURE.

AGAR PAST RECORD DEKH KAR FUTURE DECIDE KARNA HAI TO INDIABULLS POWER MAIN KYA KHARABI HAI, USKE PROMOTERS NE BHI PAST MAIN "INDIABULLS FINANCE" MAIN JABARDAST RETURN DIYE HAIN.

HAMAIN SHARE KA VALUATION PRESENT MAIN KARNA CHAIYE AUR AGAR FUTURE EXPECTATION ACCHI HO TO USE USAKE HISSAN SE EXTRA VALUATION DI JA SAKTI HAI. MAGAR 300 SE SEEDHE 985 AUR KITNA KHINCHOGE.

@ Bolo TARA RA RA RA

Sirji.... FCH jab aya tha tub uski balance sheet mein net loss tha....aap sks ki balance sheet dekho naa......!!

.kabhi bhi tv wale analyst ko dekh kar apply mut karna....

Apni akal lagao....

When i mentionmed QIBs and Anchor i was explaining demand and supply to shreedhar....but you did not understood that post did you ....?.......

INDIA BULLS POWER FAILED BECAUSE IT HAD ZERO OPERTIONAL CAPABILITY....IT HAD NO FUNDAMENTALS..SAME FOR RPOWER NHPC..ETC....

THat is not the case with SKS...and On that GEM and shreedhar also agreee.....

Well if u dont want to apply than dont aplly but dont misunderstand what people say and pass judgments....!!

@532...

Do not misguide people i dont have any issues with Gem IPO FINDER ...i admire him we bith agree about investing in SKS we are just discussing price...ok..and i have no problem with shreedhar as well.....he has his own logic....that doesnt mean i am baseless and illogical.,........if u have so much logic then why dont u post the analysis and info i have posted ......anyways some people have to just put allegations...

People who invest in grey market are not foolish...this chittorgarh website is for IPO and grey market...

And i am not sayingh apply because big investors have applied,.....may be people like you think like that......i have given earnings and logic for applying....why dont you read my posts...?

KUCH LOGON KO YEH SHARE 985 MAIN BHI ACCHA LAGATA HAI, UNHE ISS IPO MAIN APNE SAARE PAISE LAGA DENE CHAIYE PAR KISI AUR KO JABARDASTI IS IPO KE LIYE CONVINCE KARNA THEEK NAHI HAI.

Jisko jhokhim lena ho use hi paisa lagana chaiye.

bhaiya soch samajh kar lagana varna SKS** ho jayega.

note :-** SKS = SUB KUCH SAAF

Jab FCH ka IPO aaya tha woh bhi bahut high PE par tha par maximum analysts ne kaha ki india retail growth story hai, future main profit badhenge to PE kam ho jayegi. PE to kam hooyi nahi, price jaroor kam ho gayi. aaj bhi 8 shares demat account main pade hain.

bhaiya soch samajh kar lagana varna SKS** ho jayega

note :-** SKS = SUB KUCH SAAF

Dear Shreedhar & GEM,

dont try to make setu or SJ understand your logics or theory. he will not understand, beacuse he has bought some shares in grey market, he will continue to write good posts about this issue to see that retailers invest in this ipo and it is highly oversubscribed so that grey market prices go up.

he says that because some big names are investors of this SKS IPO, we all should apply but retailers should have look at the follwing before deciding for SKS IPO:-

follwing is the anchor book list of indiabulls power
(all applied at upper band of 45)


Sr. No. Name of the Anchor Investor No. of Eq Sh Allocated
1 Copthall Mauritius Investment Limited 21076650
2 Nomura India Investment Fund Mother Fund 7999200
3 The Nomura Trust & Banking Co. Ltd. as the trustee of Nomura India Stock Mother Fund 2799600
4 Indea Capital Pte Limited A/c Indea Absolute Return fund 2874900
5 Norges Bank A/c Government Petroleum Fund 5332650
6 BNP Paribas Arbitrage 10498950
7 Credit Suisse Singapore Limited 5249400
8 Macquarie Bank Limited 5332650
61164000

also QIB quota of IPO was subscribed by 40.49 times and included names like Fidelity, Nomura, Capital International, Goldman Sachs AMC, Mirae AMC, Reliance MF, SBI, IDFC, LIC MF, HSBC, Halbis, Birla MF and ICICI Pru Life Insurance. ( one can check over various websites, thsese details)

when indiabulls power came, nifty was around 5000 now nifty is over 5350 but share of IBPOWER is below 30, that means 33% loss + loss of intt or opportunity loss.

MORAL of the STORY:- we and u can not be QIBs. obviously most of the QIBs will be big names. but QIB subscription does not guarantee that listing will be good or the fundamentals are really good. like we do mistakes, qibs can also make mistakes, (and in the recent past, fate of most of ipos are in front of us , most of these were subscribed by the QIBs only)

I know all this investor greivieance is for price band of 985...I have no problem paying that.....and i dont think they are greedy...what people expected as price....its their expectations....that doesnt mean company is greedy...if i was owner i would also would have given this band....why shudnt have i...i have given 200% CAGR for 5 years and i will give you 70% CAGr for next 5 years...do you think my company price will be five years for life long?...why are u just pricing current year multiples...why dont u see future earni g forecasts given by me or Gem IPO finder or refer angel broking link i have given on the blog?...

I would site another example....

Suppose u bought a 1000 sqft flat for Rs. 10000 per sqft....in Andheri five years back....then after 2 years...you realised that you financial needs have increased .....your aspirations have increased so u need more money to spend...and grow...and u cannot afford to save as much for paying installments for the flat you bought 2 years ago....so you brought a freind....with you for sharing half the flat at Rs 12000 per sqft...although market price was 14000 at that time...coz u needed money and he was giving u liquidity....now...1 year later you have to sell that flat.....u think 15000 per sqft is right price....However in market 20000 sqft is rate according to demand and supply...will u sell it at 15000 ? That will not make u greedy but foolish...!!

Similarly they set price according to demand supply...even at 985 they got 36 times anchor subscription and 20 times QIBs.

As Gem IPO Finder said...thinking about high valuations and greedy promoters we would have missed.....Jubiliant....Arss...Talwarkar also...

Dear SJ,
Your point about Investors getting bargain price in unlisted companies is taken but the main problem here is these people themselves were thinking at 650-700 just few days before the announcement of this new band.This I can say with certainity bcos SKS Micro finance roots are in our Mandal head qtrs & In one of the selling group SKS MBT Medak my village women are the beneficiaries & I have seen its growth from an NGO & get regular news from members.

I may suggest to those who are not applying in SKS

to rehink. For full application one might get 40 shares

and listing gain of of Rs.4600/- only.

Dear Shreedhar

I have posted 1000 times why it is not unethical..for SKS...any ways some people will not understand....i have no problem with them....

But i had written those strong words for those who on premise of Rs 650 say its greedy and unethical to give listed players at premium of 900.

Now...When company is unlisted it has to give bargain to Institutional investors...as they demand that price....because of risks associated with unlisted companies....after all they are investing crores of money to support that company why shud not thy get that bargain....Thats how the whole PE play works and thats how investmant bankers value for listing....that is commonly accepted...i have worked for Morgan Stanely KPO in India...for three months as intern....didnt get a job coz...then sub prime crisis hit...but i assure u that is generakl practice

Mr SJ,
Enjoy your profits in SKS & I think you will make definitely decent profits in SKS but I object to your comment "I will be waiting for reaction on faces of people who till now have said unethical..high valuation..greedy...chor company....after..they see 1250 on listing" Those who have said unethical believe in some principles & hence to them it is immaterial if it lists at 1200 or 2000,the concept of IPO does not suit them & thats it.As regards greedy,the promoters are definitely greedy as they fixed the price band at this rate after seeing the demand while before that they were thinking around 650-700.

Dear Natarajan,
So what is your breakup for both Issues?

gem,
So 65:35 means?6 full for SKS?4 for BJ corp?My expectation is 1.5 subscription for SKS .

PLEASE REFER MY EARLIAR POST NO.498,

TO FURTHER ADD THE GLORIOUS LIST OF PRESTIGEOUS INVESTERS :

ABU DHABI INVESTMENT

JAPAN TRUSTEE SERVICES BANK

WILLIAM BLAIR INTERNATIONAL

NOMURA TRUST

IN FACT MY REAL POINT IS THE CUSHION OF 30 DAYS OF

ANCHOR INVESTORS WHO CAN NOT SELL THEIR HOLDINGS AFTER

ALLOTMENT.AND THEY HAVE INVESTED @985.

Gem IPO Finder...

46 EPS into 30 PE is 1380 as per FY11. What i was saying that as per FY10 EPS of 27 it is 50 PE...as per your 50 eps and 25 pe it is 1250...your taking higher earnings and i am taking higher PE currently i mean post listing coz that time valuation premium will exsist as was case with jubiliant also.

Anyways we both agree it is 1250...so we gain by investing....so whats the deal...man...enjoy your profits ....i will be waiting for reaction on faces of people who till now have said unethical..high valuation..greedy...chor company....after..they see 1250 on listing

Well said GEM IPO FInder....main bhi yeh bol bol ke thak gaya hun inko ke jubilant.....arss...ko dekho they were also overpriced but had scarcity...premium....nice to see you increased allocation to 65:35 sks: bcorp.

50 is quite bullish for FY11 i am taking a more conservative 46 ....still then we make 1275 instead of 1380....i dont think you will get only a price of meare 1050 on listing....so dont worry...

You know some people talk here like illeterates....

RPOWER....was asking 500 rupees for ghost power capacity it had not generated...just created hype....no operational performance to speak....

NHPC was overpriced relative to NTPC even on 2013-2014 earnings...so it was bound to fail,,....again public sentiment had emotional attachment..?

Obviously those whu invested without thinking would have suffered losses....

and now that they have suffered losses they are coming on this board and telling not to invest in sks to others.....because they lost money in stupid RPOWER and NHPC.....even though SKS has proven track record and unique model

I mean these people deserve to loose money and should continue to stay away from good quality IPOs like Jubiliant, SKS....coz they will never make money....!!