Dj Mediaprint & Logistics Limited FPO (Dj Mediaprint FPO) Detail

Sir it is meaningless to sell at loss now when market is volatile. Wait for results ,if it is better or near same as previous quarter we will hold if it is bad we will exit.
I am holding ,it is upto you to hold or not.

This was the relevant post you made
So i am answering.
1. It is totally relevant whether fpo is there or not in bonus issue. You told people that bonus is not there for fpo( that you got from some trusted sourcessss & link which u forgotttt) which makes people panic that post bonus the price will fall into half (since it is 1:1) and they will sell into a loss because they won't get bonus.everyone knows price will half and units will double.
Why Ravi sir said bonus & migration can give positive impact is because it provides liquidity to existing holders as well as new small investors to buy few shares instead of a whole lot.
Liquidity is the only problem for any sme ,right now you can see eki is being traded only because they have broken the lot size. If the lot size was same has before no one has 70-80lakhs to buy one lot.

2.the valuation for djml is based on many factors.
I mainly use relative valuation because of its simplicity & universal acceptance.
Either based on p/b or p/e or p/b *p/e multiple sometimes even p/s.

Based on that i valued this company @p/e of 40 which comes around 155-156.
P/b also comes to 3.56 which is less than the average of industry.
Fpo had come at 32 pe , now people providing support @25 pe
Why many think this company is overvalued is because there is not much of profit left to the shareholders to get gain on first day selling.
Selling pressure from day 1 is high so no one dare to buy. Sellers panicked a lot. I also understand
The risk of company share going down is high if the financials are not good in upcoming quarters.

But No one considers the potential it can do with the funds it gets through the fpo
Right now the company is having a roe of 21% and 5avg of 29%.
To keep it simple if we just take 21% of 12= 2.52 crores.it increases the pat to 4.62 crores and pe stands at 14.67 if stock price is @125.
To see this companies growth it has shown you can check the drhp
The sales ,netprofit, roe ,roce etc.

Even if u go by the technical analysis (which i don't trust much because it can't factor in the fpo proceeds and future). RSI is at 21 ( below 30) which is in oversold position which thereby means good time to enter a stock.
If people can buy nykaa ,Paytm based on their future prospects i don't mind buying this.i find this company future strong because of the performance in last 5-10 years.

The main reason me & mravi sir pointed out is you using your tag & 35 yearrrrsss experience to scare people saying this company is not going to issue bonus issue for fpo holders like that (intention behind that no one knows).
I just told it is wrong by pointing out the same in that announcement itself.
The funny part is you justifying i heard from trusted sources & i forgot the link.
You are just making it even worse.

I just wanted to finish with a saying in Tamil
"kutram ulla nenju kurukurukum".

Thank you.
Constructive criticism is welcomed.

This is the only CIVIL language I have seen from you so I will also respond in a very civil way.

Before charging anyone with deliberately creating panic etc etc look at my initial post in which I just shared my research finding
(Message No 69 dtd 31-Jan-2022) of this SME issue. Mr. Ravi kept mum despite continuous fall. On 18th I posted another message that
in my view, if it goes below 120 levels then it can go ahead with 50-70 levels based on its historical tragectory. He and you had all the opportunity to constructively
discuss but without discussing and sharing any additionally information just MOCKED me. Now the share already gone to INR 96.5 which
is still not 60-70 but still not 154 as per your valuation. So where is the problem why you and Mr Ravi are so vitriolic in your interactions.
I would love if reaches 154 level as per and anyone's expectation but that doesn't preclude me from sharing what I feel and I never stopped
you or Mr Ravi from every being always BULLISH irrespective of the levels it reached. Did Mr Ravi come to market and tell anyone that such and such
stock has attained such a market valuation where one should sell. Did anyone blame him for his thinking while there are numerous
people on the forum who quietly exited at higher levels. It is individual decision what to do with their investments.

People again took speculative bids on last Friday trying to take advantage of round figure of 100 and failed and that is the real cause of
anger and poison for the people for the alternative opinion. Tomorrow this stock may reach INR 200 or 400 or to INR 60-70 before or
after moving to main board that NO ONE CAN GUARANTEE but that doesnt preclude anyone to share their opinions and if anyone has any questions
they can definitly ask politely.

1. Bonus issue of the company is expected to be positive only if it done when company has proven its worth and business performance. When it is openly known that the only purpose of issuing bonus shares is to increase company paid-up equity capital so that it qualifies to move to main board, the BONUS issue is not expected to have any impact (negative or positive) on the future price. On the remaining part of my post which gave Mr Ravi some point to put blame on me for creating panic.....I will come back after completing more detailed research in my free time..
2. I respect your way valuing companies but I don't agree with it and it is absolutely fine. I have seen people saying.....I like this company and expect such and such company to give returns like Nupur. It is their opinion and I may or may not subscribe to their way of comparing X company with Nupur or some other company. Despite believing it as outrageous comparison for justifying someone owns purchase , I never ridiculed that person or asked for the documentary evidence to prove that how Nupur's past good performance can be compared with some other company.

You justified that sellers panicked and Mr. Ravi chose to mock my post to blame for the panic. What happend to Precision. Why did sellers panicked and stock still not giving good returns.....did you or Mr Ravi found any scapegoats on the forums to blame for the panic. Once again.......IMHO SME stocks because of the low liquidity will remain mostly speculative and can move in any directions despite its fundamentals......no one not even GODS can be sure of its direction so all these talks of remaining incessantly BULLISH or BEARISH are irrelevant. If you and Mr Ravi or any one wish to continuous promote any one direction of the stock it is fine with me and I reserve my right to be share my opinion anyway I believe is appropriate. Please continue your interactions your way and also allow others to do interact the way they want.

I continue to believe that this company has manipulated this whole FPO issue in such a way that they move to main board without much fall in the valuation (as per FPO) and they should still be able to raise additional money. I again re-iterate IMHO this stock will fall to 60-70 level, it may happen before the bonus issue or after but it will happen and that was the objective of the company itself. Well served already. Sustained rise of this stock to higher levels will be only after it demonstrates improved business performance before or after the main board move. Any other transient move will remain purely speculative and so everyone is free to speculate as they wish.........no one can and no one is STOPPING to speculate.

Basic USP of SME IPOs has been low float.....low liquidity. Most of the SME stocks rose to exorbitant level because of ability to speculate easily with low float and low liquidity. Now your opinion is that more liquidity for SME will guarantee higher stock prices which I may not agree to. I believe that when float and liquidity is higher then only thing which can support the stock price is the company performance......So far there is no evidence of improved performance as company doesn't seems to declare quarterly results as I have only seen Sep-20 comparison to Sep-21 quarter which was pre-issue. I would also like to add that I also do not have any evidence of deterioration of business performance as no information of its recent business performance is available at all.

As you, I also believe that .......Constructive Criticism is Always Welcome but only if there is no intention to intentionally mock, ridicule , dictate or bulldoze others.

PS: Post is long and typing WINDOW is very small.....if there are any un-intentional errors in my post , I apologize in advance.

Sincerely apologize for in-advertent bad formatting.

@ Arca,
"kutram ulla nenju kurukurukum" chummaa nachinnu sonninga.

Let the genius say the same story that it fell from 267 to 96 as if nobody knows this. And he has all the justification that once it fall from 120, it will reach 50-70. (and genius wants to ensure that it will reach 50, by giving wrong information of bonus etc to fool the forum).

Those invested in SME's knows the pros and cons. when main board IPO;s are bleeding, these things may happen to any IPO.
As we have no hidden agenda and we are thinking reasonably being invested here (By April, once the bonus credited and it move to main board, it may reach to the price fairly to 150 as you indicated).

So, let the forum members decide who is fooling the people around and lets stop replying what ever the genius says.

Thanks

You did your job of making people sell of at a loss. Good work ,now you will disappear in thin air and come back later when no remembers about u just like a ipo Guru who said don't buy eki ,bew etc.

I have seen 😂 many people saying i said know this will happen but no one dares to accept when they are wrong.you are just one of a kind 🙂.
Good luck with your manipulations.

@arca,
I bought 10 lots more today. let the news comes 'moving to main board' and the 'bonus', (if this news were true). this will reward us for those who hold on to it. Let others tell what ever they wants and take credit (As you said).

p.s: when so many main IPO's lost 50% from listing price. we still can take risk on this SME's (which are far better as far as my recent investments experience)

Thanks

@mravi
Thanks for your support sir.It means a lot.

@Arca, M Ravi Sir,
Today I bought DJML at 96.35 what's your view on Short & long term? Also give ur expert advice on Maruti SME IPO (68.50) please.

more than 3 lacs shares traded today, this may be highest volume in terms of money till date for this stock
probably heavy pressure of selling has been absorbed, there may be good days ahead for investors

risk takers may consider

@Arca,
There is one savior of this DJ forum who said that it will go down from 267 to 96 on day one of this IPO.

others were just invested madly and only savior has saved the DJ investors to sell by giving wrong information as did today.

Thanks

Irrespective of whether I am turned right or wrong, what what was the documentary evidence, based on which you continue to recommend stock to people despite its fall from INR 267.5 to 96.35.

I may be proved wrong in the future......which I will wholeheartedly accept......But you have already proven soooooo wrong when the stock fell from INR 267.5 to 96.35.

yes, there was negligible volume till date which was a concern
sellers were already there, now buyers have entered so volume picked up

as expected, upside movement started

my calculative predictions were correct and worked
have entered at below 100 levels,

enjoying upside movement now :-D

😂some where i touched your ego i guess, you are bursting.
I am concerned only because you are spreading wrong information and not for any other reason. It is absolutely each individual's wish to sell or hold.
Fine, i agree to disagree and stopping here with my point please refer page 3 annexure -1 point 6 in announcement.


Thank you

You didnt hurt my ego but it looks like alternative opinions are hurting you somewhere else.....Dont talk about decorum.......only you and your partner spoiled it by continuously, incessantly and deliberately targetting me and suppressing my views for no reasons whatsoever....as I did not ever provide you or anyone else any recommendations but you continued targetting me by taking my names specifically. So yeah it is better to ignore each other.

IPO Mitr,
What's ur view about this FPO? Today I bought at 96.35. Is it good level to buy? Kindly share ur advice please.

@IPO Mitr
please clarify on below point
*The shares issued in FPO or bought later will not be eligible to get bonus shares.

how is this possible ?

@IPO Mitr,
Could you kindly re-confirm your statement of point # 3.

May be I read it wrongly as below:

https://www.bseindia.com/xml-data/corpfiling/AttachHis/2459230b-8e26-4be2-a070-b1c932127343.pdf

Appreciate your feed back

Thanks

Alwayslucky,

Any buying price can prove to be right or wrong depending upon your time horizon and future company performance. Though I have a reasonably long (close to 35 years) experience in equity market but I don't consider myself qualified enough and knowledgeable enough, to judge someone else's investment decision or to provide buy/sell recommendation.

I share facts and perspectives which someone may like or someone may hate but it is my perspective based on the facts which I have and I do not claim to be correct 100% of the time and I just learn from my mistakes and move ahead. That is why I simply suggest....Understand your risk profile and capabilities and then trust your instinct and move ahead.......

One thing is certain.....no one will make money in equity market in the longer run with borrowed knowledge or following the herd.