Tree House Education & Accessories Ltd IPO Message Board (Page 8)

dear sreedhar bhai ,i have been reading this forum since coal india ipo. i find yours comments are of great help to a new commer like me . i had made good money in coal india ipo. but doing intraday trading i lost all my funds . it will be kind to me if you help me to recover my loss.

Subscrion Last updated on 12/08/2011 06:00 PM             
            
QIBs      1.02      
NIIs      1.68      
RIIs      2.76      

Total      1.85      

Sreedharji, what u think...it listing giv primium or goes into discount...what is ur advice?....withdrawn application or not withdrawn....please reply soon

One can apply for good listing gains. I request all the investor to apply in this Issue as you will get good listing gain on listing gain.

I feel sorry as we all missed a good opportunity to apply in a good IPO because of the pricing and the condition of the market.

Sreedhar sir,
got some 450 shares in L&T finance, what price should i sell, i have applied for listing gain. waiting for your reply.

Thank you sreedhar, from one sentence itself we got your view.

Thanks Sreedhar sir.

Not applied for Tree house.

Sreedhar sir, what is your call on Tree house, please reply. waiting eagrly.

Latest Position is that it has got subscribed 1.06 times... Of course the QIB portion will come at 2.30 pm... So my guess is that the issue would be subscribed atleast 2.5 times...

129. pakka hindustani
At 1 PM the issue got subscribed only 0.87 times. Total bids of 6255360 have been received. Out of that 1787000 is a cut-off bids while another 2500000 is a price bids for retail. balance 2000000 is subscribed by QIB+HNI.

As subscription figures are very low from FII's, i have decide to left this issue.

It looks like this issue sails through retail support.

should we subsribe it.
what are subsription latest figures

shreedhar give ur call for manapuram please.

Final Call- 'Miss' from my side

DEAR YASH

@ 125 Please read "NO ASSETS" instead of "NOT ASSETS" at line No.5.

Dear YESH,

It is learnt that Every Bank has to certainly insure against their FDs up to Rs. 100000/- . Recently the RBI has taken a decision and instructed the banks to cover the insurance upto 500000/-.


The question of signing an insurance form by the investor at the time of opening the FD does not arise because it is the Bank that covers the Insurance as per norms.

In Hyderabad even though there are not ASSETS to Coop. Banks, the liquidators of Krushi Coop. Bank, Charminar Coop. Banks etc have claimed the funds from the Insurance companies and refunded to investors up to 100000/-


If you invest Rs.one lacks and covered by insurance you will get sooner or later your amount of one lack by claiming insurance. And if the NCDS are not covered by the Insurance, we do not know how much amount we will get by charging the assets of the company. It may be lower than the Insurance limit of one lack.

Hence, If you know the guaranteed amount by Insurance companies you can invest safely your funds up to that limit whether that may be Bank FDS or NCDs.

@ A LA,
There is no insurance as such for any of the retail investor.
Have you ever sign any insurance paper while opening FD in the bank. No. then how you claim that.
This is only to attract and motivate the people to have FD in the bank.
At present many such investors in the many co-operative bank lost money. Waiting for the insurance to save them. Legal takes more than your life time.
Keep in mind that whenever something goes wrong only looser will be the retail investor.
Take the example of the vaswanvi. Who is befitted and who is looser. Still the game is not over.
There are many cases in the history of Indian stock mkt that secured NCD payment is not being done till date.
The trusty, management, government, SEBI, CBI are always on other side of game to make money.

You have to make money from people like you around you. You cannot catch company, SEBI etc.

yesh

Hi Bond Bond,
Thanks for detailed reply and a meaningful debate. Would answer the points accordingly .
1.      Operating cash flow will be low for companies in growth face which has W.cap requirements. This business gets fee in cash in advance so even after that u have low operating cash flow it’s not great according to me.
2.      Valuation has increased so I will keep diluting. Valuation has increased due to post money factor not because of PAT multiple. Any business which has required equity dilution year after year and also taken secured loan last year is not generating enough internal accruals.
3.      When I meant capital intensive not for owning premises but for setting up one good decorated centre with equipments will be 1 to 1.5 cr and breakeven will be almost 2 years .
4.      Increasing rentals due to inflation will eat into margins and put pressure on it as a result I wanted to tell margin expansion will not be possible. I am in favor of rental and not ownership of property.
5.      Auditors comment : (I don’t put words ): As the inventory of the Company constituted only of training material whose per unit cost is very low and is physically bulky, the management was of the opinion that physical verification is not required. Hence, physical verification was not conducted and the auditor was unable to comment on it. ( Any good management would have allowed the auditor to conduct physical verification to avoid such loose comments)
6.      Finally as a good prudence they should have provided the 1.17 crore which has significant valuation repercussions on PAT of 9 Cr whether u agree or not.
Finally I have always stated it as my view and not general view. If for any instance if members feel that one should not discuss negative points then I will not do so. Moreover I have always been telling that valuation is high and u can get this cheaper hence do not subscribe. Every business is worth ipo but at a price at realistic to the underlying fundamentals.

Thanks

DEAR OLD FOX,


Generally Fixed Deposits of Banks are covered by Insurance upto Rs.100000/- or Rs.500000/- to safe guard the investors money in case of any unseen incidents to the Banks. Whether the Mannapuram NCDs are covered by Insurance as in the case of Banks? Please Reply.