Yes Tushar. U can trust Suzlon. I recommended it when it was hovering at 12. To make matters more clear keep 12 as ur stop loss. Suzy in present condition is not expected to fall below 13.5. However, if it dips then blindly buy. Suzy is a turnaround story and would be in black this or the next quarter. If u hold for 5 yrs to 10 yrs then expect a huge windfall. Its like eicher now. Eicher struggled for profits and valuations for good about seven yrs from 2000 to 2007 but once it started shooting there was no looking back. Many people would be apprehensive of it but remember what Warren Buffet said. Buy when there is panic in market. So trust suzlon. N buy. N hold for long long term. Its the future.
I m neutral on this ipo. As I skipped Equitas I may not apply in Ujjivan considering my fate against MFIs. However, I Congratulate others those who made Money.
As said earlier I do not like micro financing company model. It may be profitable but would lead to blood on its hands due to suicides of small middle class/ poor people. Would avoid this IPO. Even If one compare Equitas with Ujjivan will find Equitas asset quality better that of Ujjivan. Equitas has exposure in SME etc. Whereas Ujjivan are more prone to risk. Investors may wait for Final Figure and book profit in short run.
145.1. Haar Jeet| Link| Bookmark|
April 25, 2016 1:20:44 AM
Top Contributor (300+ Posts, 200+ Likes)
Like u r point (blood on it''s hands)
Pls suggest some company''s name for investment and will give good return which is not engaged with sin
after reading all these(some of) messages, i think Ujjivan goes 300+ most probably in a week after it listed in BSE or NSE and book a profit and exit from Ujjivan. as no one can predict future market and calculation. please confirm. Thanks, Mahi
141. Eagleye| Link| Bookmark|
April 24, 2016 7:29:49 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Can someone help me to calculate what should be the Ujjivan valuation relative to Equitas ?
Data given as:
Equitas Holdings NAV (post IPO) = 58.56 & NAV FY17 = 65.54
Initially the Ujjiwan listing price can be in the range of 2 to 2.5 P/BV of FY16 post IPO (255 to 300 range). After some time market will start discounting P/BV for FY17 which no one can predict when and how much.
No idea about Kelkar & Alkem. I''m not bullish on those sectors & hence have not done any research. In pharma, I only hold Lupin that too solely because of recent mouth watering correction in prices- 1,750/- to 1,300/-. Its a floating holding..will sell once USFDA issue clears.
I think Septaji made some comments on Alkem recently. U may click on ''Septa'' & browse his postings.
Tushar SH Kelkar results should be seen this quarter before anything is said. However, alkem is a buy n Quick heal is a buy below 225 if it ever comes back to it. Hold all three for min 1 yr to gain.
p/bv is 1.63 at upperband of rs 210 while equitas p/bv is 2.33 at rs 140 if we simply apply ujivan price shoud be 128.63 book value*2.33 =300 rs on listing
136.1. Eagleye| Link| Bookmark|
April 24, 2016 7:30:55 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Equitas Holdings NAV (post IPO) = 58.56 & NAV FY17 = 65.54