I support the views of Eagleye, Septa and others who stands firm on what they said about Ujjivan. I am not an expert in stock markets, hence I don''t suggest others in this group to follow my words or blaming me later. Here People are opining on IPOs based on some facts, future prospectus and sometimes even based on some logic, things go right or wrong, here some people are experts, some pose as experts and few are new to markets. But money is yours, you need to take due care before investing and don''t blame others.
On Ujjivan, people who invested for listing gains or very short term players can book their profits / loss and get last, this stock is for medium to long term investments and really can create huge profits if everything goes well. It mat touch 300 in current or next month, 400 by year end and 1000 by 3+ years from now. However, there will be pressure on earnings after becoming bank for at least 1 year due to investments on IT, People and transition, regulatory compliance. This fact was told openly by none other than Ujjivan''s MD, any management should have guts to tell this and only a confident and transparent management will speak openly like this. Wish you all good luck
I would like to ask about Alkem labs. It is touching regularly lower levels since last months. Trailing 12M EPS is 63/-. Considering d same stock is presently available at 19 PE, which is so cheap compared with peers. It has to be noted that 70% of Revenue of Alkem comes from within India, which can be considered safe amid USFDA warnings. In addition , it had 45 ANDA filiings with USFDA awaiting approval. Having track record of double digit growth Rate in past. Despite it is falling regularly. I had purchased it @1250 , again @1200 yesterday. Am i missing something , which i am not aware about this fall or it is operator driven. Please reply Septa and RKS sir. I am willing to average it more, if it falls further.
This question is also mine ,after ipo i acumaleted this script on avg price 1238 total holding 160,but is continue go down
1193.2. Chem cho| Link| Bookmark|
May 15, 2016 9:10:19 AM
IPO Guru (2500+ Posts, 2700+ Likes)
arup Have been allotted any share in IPO ,And have you sold it at higher rate between rs 1588- rs 1500 , and you are accumulating at lower levels of rs 1238
rs 1152 low of 2 may 16 may be tested again , at present as on 15 may 16 the chart shows level of rs 1150 , further levels as not seen , on charts ,as the stock was listed on jan 16 and i do not want to give any of my predictions are there are RaKalS WHO try to interact , with out any reason next upper level seen on chart is between rs 1225 to rs 1300 only , sorry i do not know , which operator is dropping the stock , and hence we some times mention I do no track the stock as on today , to be more specific
1193.3. Khemka| Link| Bookmark|
May 15, 2016 9:37:34 AM
(1000+ Posts, 400+ Likes)
I already told 3 or 4 times after listings that alkem eager to test 1050 and bound to test,
578. Rajeev Kumar Singh  Dec 23, 2015 7:00:32 PM IST Alkem seems to be huffing and puffing after it opened up 31% in the morning and closed at the same level. Be careful now. Weak hearted and quick profit making people must exit this counter after another 50-60 gain on next trading day. However, those who r there for long term hold. Hold for a year minimum. It will reach 1800 as future is bright. Good luck to all. And congrats to people who made money.
Since Alkem has listed only in late dec, it is too early for fools to post their analysis on it. Stocks go up n down but that doesn''t mean that its growth story finishes when it goes down. Alkem has 75% of its revenue from India n thus its growth story would remain intact. Not much effected by US FDA observations on some leading pharma companies. So do not panic. Mr Cho would try to reason by giving all kind of scary comments to make u sell ur shares of a good company as he has done with Ujjivan, thyro n equitas. Be careful. Bit if taken a decision then remember u r a mature individual and decision to hold or sell is purely urs.
Scanner, I hope u got the reply. Operators can drive a poor stock up n down but not a fundamentally good stock. Let''s see if panic mongers r correct. Only the future will tell.
Oh poor Khemka. Laugh at ur IQ. Didn''t it go till 1600? U would have made money there wouldn''t u. Short term fall doesn''t end its story dear Khemka. Grow up. Ur nuts at all places have become Rusty it seems especially at the top.
Yes RKS sir, Alkem story is remains intact. Overhang in Alkem is probably due to FDC based drugs bans by Indian drug regulator but as business standard says , there is impact of only 150 crore in top line on annual basis , which is meagre 3-4% of total turnover. It have all potential to become tomorrow lupin or Dr Reddy. Alkem is household name through its various well known medicine, i.e. sumo.
1 more thing, Alkem will hv a robust dividend policy in future. Why i am saying that, Alkem hv scattered promoter base. They hv a big family of promoters , holding shares from 0.5% to 6-7% and due to this strong and scattered promoter base, they will certainly declare healthy dividends in future for their personal needs and that will also benefit Retail investors. However its IPO came in an uncertain environment for pharma sector due to USFDA and other regulatory issues and it provides an opportunity to us to enter at such a cheap valuation (lower PE multiple) and be a part of an very likely future success.
EAGLEYE ITS VERY EASY TO UNDERSTAND YOUR POST WHEN U SAID BUY THYROCARE AT 650 IT MEANS PEOPLE SHOULD SELL AT 650 WHEN U SAID UJJIVAN MUST REACH 275 MEANS NEVER REACH 275
1191.1. Eagleye| Link| Bookmark|
May 14, 2016 12:10:33 PM
IPO Guru (6600+ Posts, 21900+ Likes)
WOW ... YOU ARE A REALLY SMART GUY !!! ... now go figure out ... what do you think that means ;)~
1191.2. Eagleye| Link| Bookmark|
May 14, 2016 12:22:41 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Further, Maybe I am developing the problem of near term memory loss (like DORY) ...
but unfortunately I do not remember ever suggesting in this forum "BUY THYROCARE AT 650" ...
Therefore, in your self interest .. kindly identify my posting wherein I have suggested any such thing ... or else you risk further loosing whatever little credibility you may have in this group ...
I dunno if you have realised that people have seen through your blatant lie of posing as a qualified I am guessing that is what you meant when you said that you are a CA ... unless of course in your vocabulary CA stands for something else)
1191.3. Eagleye| Link| Bookmark|
May 14, 2016 12:26:27 PM
IPO Guru (6600+ Posts, 21900+ Likes)
repeating the last para ...
I dunno if you have realised that people have seen through your blatant lie of posing as a qualified "I am guessing that is what you meant when you said that you are a CA ... unless of course in your vocabulary CA stands for something else)
1191.4. Eagleye| Link| Bookmark|
May 14, 2016 12:28:00 PM
IPO Guru (6600+ Posts, 21900+ Likes)
I dunno if you have realised that people have seen through your blatant lie of posing as a qualified "C H A R T E R E D A C C O U N T A N T" (I am guessing that is what you meant when you said that you are a CA ... unless of course in your vocabulary CA stands for something else)
The quality of posting made by mehul ji speaks something else, what he is pretending as CA. However anyone can say that , fundamentally ujjivan is better placed than Equitas. PAN india presence, more experienced management, better DII holding level and much more still it is available at discount than Equitas.
It surely outpace/ level Equitas in Mcap terms and we r witnessing d same since 2nd day of listing. It is making higher top higher bottom on daily basis.
Regarding Thyrocare, everyone knows that, it is not at par with Dr. Lal but it will certainly reach the level of 750. I m holding thyrocare for 750 target and it may not take much time to reach at that level.
India is a consumption driven economy , not like developed nations where growth is stagnant.
Daily 3 lacs child born in india and they cant live without consumption, They cant live without medical facilities, they cant live without financial services. So India is growing economy. Here volume and price growth , both factors are available for better placed companies.
Mehul bhai ko intraday loss laga h Thyrocare ke listing ke din isliye thoda frustrate h. bought @ 650 and sell @ 623.
1190. Arup| Link| Bookmark|
May 14, 2016 10:35:37 AM
(900+ Posts, 300+ Likes)
In this wk we see lot of abuse by fake id,here i give one suggestio to controler of this site,passward must be set on any membar PAN NO.this will help protect form fake person n comments.all senior,expart.follower member give their opinion.
1190.1. Khemka| Link| Bookmark|
May 14, 2016 10:54:16 AM
(1000+ Posts, 400+ Likes)
Thousand of pan no already known here., also no one can ask for pan or adhar number excluding govt org. Also lot of rural people have no pan , so empty mind or empty works always unfruitfull
1189. Arup| Link| Bookmark|
May 14, 2016 10:25:06 AM
(900+ Posts, 300+ Likes)
Monday ujjivan will open gap up rs3,day tgt 259.it is my opinion.
1189.1. Khemka| Link| Bookmark|
May 14, 2016 10:55:45 AM
(1000+ Posts, 400+ Likes)
Some one had told that in this forum that better to book profit and re enter again. I would like to quote here a comment of todays interview of Gautam sinha Roy, star fund manager of MoSt Mutual Fund. It is easy to say book profit but can we know the bottom of a stock. We cant predict this. One may sale a stock, in anticipation of getting it lower but it may be possible that u may not get the same at any level.
If 1 think for selling eicher motors at lower level, he may not be able to get it again. Same is with ujjivan, i had placed bid @225 per share since second day of listing but not able to get it.
Again repeating it is better placed than other MFIs who r holding SFB licence due to same sector experienced management and pan india presence and hv all ability to become tomorrow Kotak mahindra , indus ind and Yes bank
MORE DELIVERY VOLUMES MEANS STOCK GO UP AND THEN GO DOWN
1186.1. Eagleye| Link| Bookmark|
May 13, 2016 9:14:23 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Your use of the English Language Grammar is of a much higher level than mine ... I am quite confused ... May you please explain what you meant by your earlier posting ...
referred here-below
mehul mehta May 10, 2016 12:24:45 PM IST Ujjivan Financial Services Ltd IPO
when eagleye said gmp of parag 2 to 4 rs means that it will list at discount in thyro it said it buy at 650 means sell at 650 and ujjivan he sell at 260 level
Does it mean that most of the original allotees have sold (nii+Rii) on day1 & day2, as only original allotees can sell on day1 & 2. Day1 & day2, total delivery is 1.83crs, (total nii +rii = 2.10crs) And those who bought on day1 & day2 are selling on day3&4? Or institutions are buying post listing? Anyhow, today Ujjivan was star perfomer of the 3 new listings.
Deliverable quantity data needs to be analyzed along with the share price. When the share price of the stock goes up along with the higher percent of deliverable quantity to traded quantity, it indicates bullishness in the share as most buyers are expecting the share price to go up. Similarly, when the share price of the stock is moving down with higher percent of deliverable quantity to traded quantity, it indicates bearishness in the share as most sellers are expecting the share price to go down.
according to my observation it menace good chance of break out.
generally delivery volumes of new listed equity is in decreeing tread.
yesterday market was in red still stock touch new high with good volumes and close at high level, it shows buying from big players. it should open 2-3% plus Monday. n good chance of 300 price in 4-5 month...
more over total ipo size is 2.85 cr shares (excluding anchor investor) day 1 1.65 cr share(60% of total ipo ) day 4 0.34 cr share(12% of ipo size)
i think there is big cornering of shares in this counter...
good move in 2 days. The only reason i am doing part profit booking is, i dont know how all this micro finance companies will tackle with the competition in coming year. remember RBI has given small bank licenses to 10 MFI. It may happen that this MFIs still perform well despite competition. But i feel its prudent to take some money home and wait how things pan out in coming years
Now that is logic. N maybe u r correct. I agree with what u have written. Thats a good strategy for all new to IPOs. However, I will hold it long. Maybe 20-25yrs.
Share price never remain one sided if market crash than share price also crash, and every few years market always crashed, so better booked profits at high and re enter later at low.
true. see everyone follow different strategy. i have some stocks like HDFC, HDFC bank. both are like fixed deposits. never sold them. and probably never will. only thing that worries me in such MFIs is, 1.crisis that happened in 2011 and all know what happened to SKS. 2.the kind of high NIMs at which they are operating. Its almost 10%. In the long term with competition, will they still continue to enjoy such high margins? you never know this government. If they feel poor people are being exploited, then they may change legislation .
in 2011 crisis had happened in Andhra Pradesh only.. SKS is geographically not diversified.. However, Ujjivan is geographically diversified.. so there are least chances of such crisis in the case of Ujjivan
People who r advising to trade in this stock n book profits are making charlie out of people. This stock one should hold for lifetime. It would be a multibagger. Remember, holding good companies for long term can give u multifold returns. Some people hand in glove with a nuisance called Mr Tip have created enough panic n confusion on few of the recently listed stocks. So u can imagine how much u can trust their views. Talking of someone called Mr Cho. Someone asked him if he tracks HCL. N what was his reply. He doesn''t monitor such a stock. U can imagine how good he is. Even a layman will tell u about HCL.
It seems Mr Cho can contribute only in the way of belittling respected members of this forum like Eagleye. They themselves are good for nothing except gossiping with nuisances called Mr Tip. Hope these persons give worthwhile comments than posting heart condition symptoms to describe stocks.
1178.3. Chem cho| Link| Bookmark|
May 13, 2016 10:02:04 AM
IPO Guru (2500+ Posts, 2700+ Likes)
profit booking is a part of the game.. Not all stocks you can just keep holding for long term. if u have bought SBI, reliance 5 year back and still holding then you would have been in loss or no profit.. So stop criticizing each and everyone. People are posting their opinions and not to prove anyone wrong .
1178.5. Chem cho| Link| Bookmark|
May 13, 2016 10:11:31 AM
IPO Guru (2500+ Posts, 2700+ Likes)
:-). I haven''t taken ur name specifically Chem Cho. Well as far as performance was concerned let people decide who is what. At least I do not boast n do not create panic the way some people create on this forum. N fighting with people who have loose nut on top is no crime. N I avoid bahati ganga mein hath dhona.
Here we r talking of an IPO n its listing n not abt a stock bought 5 yrs back. If held SBI till date since its IPO days the stock would be absolutely free now after any bonus n dividends. Same is with fundamentally good stocks. Ujjivan falls in this category.
Advise to sp.ahm. Stop replying to my threads. N if u do talk sense n not useless jargon n then run away saying u want to end conversation. U butted into the conversation so be ready to listen too. I will always give logic n not just crap to put my views across.
1178.12. Khemka| Link| Bookmark|
May 13, 2016 11:45:58 AM
(1000+ Posts, 400+ Likes)
That''s why you was blocked 3 or 4 times already , you thinks to rule over all members ,
As far as getting blocked is concerned. I don''t mind speaking my mind out to people like u khemka. However, I m trying to avoid but of all the people besides Mr Cho r hell bent in provoking strong reaction from my side. But I will still avoid it. Because I have learnt a lesson from u all. Never stoop to ur IQ.
1177. Chem cho| Link| Bookmark|
May 13, 2016 9:43:08 AM
IPO Guru (2500+ Posts, 2700+ Likes)
my target of rs 248.85 is almost near todays high of rs 248.5 , today should trade not above 248.85 and low of rs 240 for today , have you booked some profit today at 248.5 thanks for trading
It is a relevant question. Yesterday market has taken the news in its stride, and same will be the case going forward. FII are here to stay. 7.5% capital gain tax is not going to drive them away. The global scenario if you see, European and Asian central Banks are in a monetary easing mode because of lack of growth. US Fed is also in no hurry to increase interest rates. So, money will go where there is a chance of good returns not withstanding a small tax. It is also high time tax evasions and murky deals are stopped. A good move by the Government. Also read interview with big bull Jhunjunwala in Money control.com
Hello Chitra, Thanks for reference.. Its a good read... http://www.moneycontrol.com/news/market-outlook/end-son-in-law-treatment-for-fiis-india-no-africa-jhunjhunwala_6615161.html
Hello Ipo tracker, You are correct.. Here is the link.. it covers only shares http://economictimes.indiatimes.com/news/economy/policy/amended-india-mauritius-tax-treaty-only-covers-investments-in-shares/articleshow/52246626.cms