UTI Asset Management Company Ltd IPO Message Board (Page 11)

Sir
Fully agree....must apply

@Chem Cho sir, any idea why GMP has fallen from 140-150 to 40-50? Do you see any chances like SBI cards?

Ok

That's the spirit.

Those who are focusing on Just ROE and PEG is somewhere not understanding the business model and business itself..

The entity existed for years.. Made profits reserves in an asset light business and became asset havey compared to peers at present..

Market Cap to AUM is the perfect ratio to understand this business as when ever AMCs are bought and sold the focus is % of total AUM..

Please understand
1) This is debt free business
2) Yes it's asset light gives advantage of operating leverage.. Same branch office-same distributor increased sales..
3) Most importantly this is non fund based NBFC..
So when you are a shareholder of a bank , a bank will face erosion in capital due to leverage or NPAs..Banks will not pass gain or losses to clients but, AMCs do.. They make good money by charging fees
4) In the analyst meet they said their margin is 0.45 basis way higher than their peers..
5) Just go and chek their funds. And specifically track record...
6) Just quote a business which is non fund based NBFC and quoting this low.. PB 2.55?
7) Last year they saw a loss due to their own participation in Debt AIF as a sponsor.. There's recovery of 90 cr which alone can prop up growth of 25% in any quarterly result..
Chek rating agency, life insurance, general insurance or other mutual funds..

One thing is for sure you will not get this valuations again for at least a decade...

The price is fixed as per the valuations ,
Even if we have negative market condition ,
Maximum it can go down to Rs 500 /
but you will not be able to buy at lower levels
MOST of the bank have AUM ,
But at present only three stocks
preference wise HDFCAMC , NAM , UTI AMC
As in other stock which go down 50% and then YOU repent
Brokers advice some clients to buy diffrent MUTUAL FUNDS of same AUM instead of stocks
I feel you buy THE HEAD OF ALL MUTUAL FUNDS (HDFCAMC, NAM ,UTI AMC )
AT present since we are talking only of UTI AMC , i fell to apply and hold for a stop loss of Rs 490 on closing basis

Thank you Sir, Waiting for positive feedback from you. Applying with full force.

Seems bad advised....

@Cautious IPO, Chem Cho Sir's advice was based on the GMP as on 30-09-2020. The NIIs had shifted their interest from UTI AMC to MAZAGON DOCK. Also, there will be a less fancy listing interest seen in the UTI AMC IPO.

Do not follow Mr. Chem cho...as you all knows now about his knowledge for UTI AMC....So Just Avoid Taking adivices from such members...good for all of us

refer my advice on 30 sept 2020
before the IPO closed
Maximum to go down to Rs 500
stop loss Rs 490
This advice is not for weak hands

@ Masterofipos.......Dear Sir respect ... respected persons..... Do not blame anyone as no one has expected this type of subscription....No one is god ...Yea u can say kismat he kharab the...Chem cho is very senior and very respected member of this forum...

Do not try to pull anyones legs... Respect to all members ????...old and new...
Listen to all including yourself also and then decide to apply or not...
Once applied it's your own fate...no one going to share your profit or loss...

Are playing for lower averaging strategy, better to shift to some quality shares.

Lucky man no allotement

You will have to add some at 150 too

I don't know what will happen....But don't compare an Apple with a Guava

@Badaya,
I think you should write, don't compare apples(UTI) with potato(Angel)....... on the lighter note.

@ intelectuals pls suggest

Fruits comparable with fruits or vegetables?