Dear retailers, a sane advice in present market condition. Sit on ur cash. Avoid IPOs for the time being. GMP can vanish without trace. There is all round panic and its better to avoid any foolish foray into stock market when every type of share is getting hammered. Lalach buri bala hai. I m off IPOs till some positives emerge in global market. Indian market is being dragged down by equations beyond its control.
204.1. Septa| Link| Bookmark|
February 3, 2016 9:49:24 AM
(4000+ Posts, 4600+ Likes)
i agree with u decision be smart just pick the one which is sure short winner in hindsight even PCL was avoidable given the way market is getting corrected .... cash is king be safe then sorry..... so good nifty stock r available at great valuation which is more good bet
Agree with you Rajeev. There is more Risk than Gain in Investing hurriedly over these small IPO''s specially when the Market is going down and unpredictable. Rather wait till there is some Positiveness. Quite some good IPO''s coming along in next few months. Also, its right time to invest in Quality stocks than wasting time analysing the current IPO''s
Best time to invest in stock market is, when there is more of apprehension than confidence among majority. Start investing with 10% of your budget for equity investment and gradually increase your portfolio in select stocks on every fall. IPOs is more or less safe bet for listing gains only, but for long term look for large caps or quality mid caps.
Any advise on value stocks we might consider for investment at present. I have worked in Banks & have some understanding of how they work. I find SBI & ICICI attractive for long term (3 years) although I am waiting both of them to bottom-out (esp. SBI at 160).
L&T is another sector leader I like but the price, though depressed, is far from a bottom-out situation. It still carries a lot of air from the previous rally (2014-15). Also, in anticipation of increase in infrastructure spending in the upcoming budget, it''s price is expected to rise in near future.
Welcome ur suggestions.
204.7. Chem cho| Link| Bookmark|
February 3, 2016 11:33:32 AM
IPO Guru (2500+ Posts, 2700+ Likes)
MOTA BHAIS
yes this is right time to invest BSE is not likely to go below 24000
204.8. Chem cho| Link| Bookmark|
February 3, 2016 11:37:28 AM
IPO Guru (2500+ Posts, 2700+ Likes)
yes BUY L&T at any rate between1050 to 1080 with an target of 1200 and stop loss of 999 on closing basis
204.9. Septa| Link| Bookmark|
February 3, 2016 11:40:00 AM
(4000+ Posts, 4600+ Likes)
My investment horizon is 7 years given ur knowledge and understand of financial i give ur three sectors TOPUP which u could look AUTO pharma and discretionary consumer spending and IT & media and dark horse infra so lets see what u pick up i will share mine and reasoning for investing in them
These people at chittorgarh are misleading people about Ipo''s by calculating P/E multiples and all and ask people to avoid issue and later on ther are the ones who jump and apply.
NH was overvalued . Let the stock season with analyst''s scepticism quarter after quarter & the stock will eventually be corrected to its fair price. No stock can be propped on sentiments for long...
1. One group is well experienced and have good analytical skills and knows whether the IPO can give listing gain (OR) short/mid/long term gains. Such people are SEPTA, CHEM CHO, PINKY JAIN, NASIRUL, EAGLE EYE, RAJEEV KUMAR SINGH etc.
For example, SEPTA is good at PE valuation of stock. Pinky predicted well about Pushkar. Chemcho about Indigo, and Eagle eye is also very good.
2. The other group of people is new bee group who don''t understand head or tail, but look for messages from these people (First group). If they say good things about a IPO, they will invest. If there are negative comments, they will keep quiet, not apply or do less lots.They don''t know PE, market trends etc and other such analytics. Such people are part timers, do some other jobs, and don''t have efforts to study all these things.
I am embarassed to say that I am also a part of the second group.
The first group people are always talking fundas or technicals that the second group dont understand. We only sit with hair upright on our heads like in TinTin comics
NOW, WHAT THE SECOND GROUP IS LOOKING FOR IN THIS FORUM IS:
1. Whether the Team Lease will have listing gains on the listing day so that, we can apply or not.
2. Is it so bad IPO like coffee day which was making losses, and listed negative.
3. Brokers are telling if QIB subscription is more 10x, then there will be listing gain. This was true till 2015 even for over valued stocks. But, will this work out in falling market like the present situation?
Some expert friends, please help the second group on these 3 questions,and give us some clarity so that we dont keep guessing with "Tintin hair straight"
Answer of ur questions: 1. Apply for listing gain - 70% chance for listing gain. 2. I don''t think so, it could be coffee day but this market no one can preditct 100%. ( this is my personal view) 3. Yes. even though in falling market, if last 1 or 2 day positive trend sufficient for ipo for listing.
Dear Lionbull, Even i am second type. There is no shame in admitting.
But i have started reading RHPs and understanding basic stuff after Coffee Day IPO. I took the word of one boarder Roadside Romeo and invested wrongly.
Lionbull, I also comes in second category but we will not remain newbies forever. We have to start somewhere and I have already started. I want to learn the most.
1. list gain or loss is any body guess however looking at last few IPos and fundamental of those IPO this also will list with premium 2. CCD is loss making company with heavy debt and failed business model however team lease is high growth business model however with wafer thin margin... as i said before if this issue was on any other exchange dow it will be offered at a half the price but this is india 3.best IPO of 2015 was not oversubscribed by QIB it was below 1X so not much value
I AM NOT APPLYING BCOZ I AM NOT A SHORT TERM INVESTOR AND I FIND THE VALUATION VERY STEEP
197. Ou Ai| Link| Bookmark|
February 3, 2016 6:29:32 AM
Top Contributor (300+ Posts, 300+ Likes)
Last Night big financials like Citibank, Goldman sachs, Bank of America and Morgan Stanley have fallen by 4 to 5% pulling down all indices. Morning Hangseng & Nikki is also down. There is more to US investment banking fall , then China. Can be due to NPAs or investment in Oil assets.
Team ease can benefit from the favourable Indian demographic age of 800 million below age of 30 who will need employment.
197.1. Septa| Link| Bookmark|
February 3, 2016 6:45:07 AM
(4000+ Posts, 4600+ Likes)
agree it will benefit but the asking price is high on wafer thin margins..... in short run it is good bet given the euphoria for such sector however if targets do not meet market will punish these stock..... My bear bug is team lease IPO on any other exchange would have been at much lower price band however in india they can command such steep price.....
197.2. Ou Ai| Link| Bookmark|
February 3, 2016 6:53:24 AM
Top Contributor (300+ Posts, 300+ Likes)
Some one plz guide me on asba, I have Sharekhan n Kotak Trading n dmat account but bank account linked to both these is. Sbi still can I do online asba through Sbi
196.1. Septa| Link| Bookmark|
February 3, 2016 6:09:10 AM
(4000+ Posts, 4600+ Likes)
for all the option ASBA is possible
1. Share Khan u need to down from NSE or BSE the form and send to ur broker he has to then send bank to do the process or u can directly send it to the bank as i had explained earlier so only of line option
2. Kotak same procedure as Share khan since the link bank is not kotak
3. SBI u can do the same this way u directly do the process with the bank u can do both of line and online link either share khan or kotak demat details
4. One a three in one demat account so next time u can do the whole process online
Hi friends am not aware of this ASBA. Sharekhan told me to go and check with ICICI but ICICI bank response was very poor. I have brought Ipo one page form for teamlease. Can somebody guide me please. Thanks
go to either BSE or NSE or lead manger website and downpre forms.... I like NSE website it is one time registration. once u register u click on the IPO u want apply and downthe form with all ur details which u have filled during the registration.... say ur bank is ICICI check which is nearest ICICI BANK which take ASBA forms and deliver the form via FAX or person and get the confirmation once ICICI bank uploads in the system and block the amount u will get SMS either from BSE or NSE (even if u have used NSE form) bcoz the final upis done by ur bank it can do either BSE or NSE...
I assume ur bank is ICICI and ICICI does not have online ASBA for all customer only for icicidirect customers....
may be change the bank with online ASBA or open a three in one demat account for IPOs
Hi, Just if u have icici direct acct or Axis direct acct, login and book online its done. Only Banks have the access. other private vendors does not have it currently.
Actual SEBI had such rules and buy back rule if asking price is high bcoz IPO market was dead and buried few years back JUST dial was first issue to come out with such option then SEBi changed bcoz IPO market picked up.... the reason was it is free market if the issue is over priced it will not sail
.... however would love 100% kitty to RI anything left over for HNI and QIB....with the rider of buy back if it fall below issue price this will bring down IPO at steep valuation IMO..... the present system is good even high price IPO have sailed so demand is there and listed at good premium... so SEBI will not change
192.1. Eagleye| Link| Bookmark|
February 2, 2016 6:59:43 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Market expectation: QIB portion will be subscribed 15-20X (excluding anchor) HNI portion will be subscribed 40-50X RII portion will be subscribed 7-10X
95% of RII IPO applier apply for listing gain.... some hit some loose on an average they break even at 20% which is not bad..... if this was listed company not even at Rs 500 will buy.....I am not applying i hope it list at premium and RII make money....