Grey Market premium on Listing
Power Grid Corporation 22 to 23
Dhanus Tech. 70 to 75
Koutons Retail 75 to 80
Consolidated 180 to 185
Supreme Infra 65 to 70
Saamya Biotech 6 to 7
MAYTAS Infra 150 to 155
Circuit Systems 3 to 4
Kaveri Seeds 12 to 14
September 29, 2007
September 28, 2007
A lifecycle guide to investing --Your Age And Your Investment Plan
Age plays a key role in determining your investment profile. Hence, constructing a portfolio that suits your age is essential. By mapping your age and your background, you can establish a portfolio that comprises of different asset classes, in differing proportion. For example, if you are five years away from retirement, with no major savings for a post-retirement life, then you would build a portfolio comprising fixed income instruments. Similarly, a 24-year old would focus on parking investments in riskier investments like equities, since time is on his side.
We have constructed profiles based on your age and some assumptions. Then we have constructed a break-up of investments that can be used as a guide. You may wish to fine-tune this to meet your own requirements.
While reading through these profiles, please note that these are typical attributes and are not absolute. Again, your risk profile changes depending on how you perceive yourself too. A senior citizen with no dependents, but with lots of savings, may find it perfectly okay to take on more risk. Similarly, a young person but with many dependents and lots of financial liabilities may be more conservative than other people his age.
We have assumed that tax liabilities have been provided for, and the suggested investment break-up is for the net funds available. Broadly, you can classify investments in to cash and bullion, fixed income instruments, equities and mutual funds. Cash and bullion are taken as one, as both are equally liquid and widely used as a means of savings. Savings would also include funds in your bank savings accounts.
Apart from pure equities and fixed income instruments, mutual funds are popular investment vehicles. We have classified mutual funds separately since the risk of investing in funds is relatively lower. Moreover, balanced funds juggle between debt and equity making an all-inclusive classification difficult.
Age : 22-30 years
Profile :
You are single or are married but with no kids. Dependents are not an issue at this stage and your focus is on creating a sizeable corpus of investments for the future. Incomes typically grow at a fast rate annually. The ability to take risk is high and losses in the short term are acceptable. You can invest in equities with a time frame of about 5-6 years which protects you from short-term fluctuations
Cash and bullion 10%
Fixed income instruments 30%
Equity shares 40%
Mutual funds-equity growth 20%
Age : 31-45 years
Profile
You are now married and your family size has expanded, with two kids. Your parents are now dependent on you for emotional and some financial support. The focus is on consolidating your investments, making them more secure. The ability to take risk is there but to a limited extent. Limiting losses is a priority. Building on a corpus of funds for children’s education becomes a priority now.
Cash and bullion 10%
Fixed income instruments 40%
Equity shares 30%
Mutual funds-equity growth 20%
Age : 45-60 years
Profile
This is the age when retirement blues set in. Children's college and higher education make demands on your funds. You must also ensure that your retirement plans are in place, if you have not done it already. Hence, risk taking ability as a whole diminishes considerably.
Cash and bullion 10%
Fixed income instruments 50%
Equity shares 20%
Mutual funds-equity growth 20%
Age : Beyond 60
Profile :
You are taking life easy, some introspection, spending time with the family and maybe doing some part time work. Or like some workhorses, you are still engaged as a full time consultant with your ex-employer. The ability to take shocks is extremely limited and you should lower your exposure to equities. Your prime criterion should be to have a higher proportion of fixed income investments and stay liquid to meet any medical emergencies.
Cash and bullion 10%
Fixed income instruments 70%
Equity shares 10%
Mutual funds-equity growth 10%
Source :hdfcsecurities
We have constructed profiles based on your age and some assumptions. Then we have constructed a break-up of investments that can be used as a guide. You may wish to fine-tune this to meet your own requirements.
While reading through these profiles, please note that these are typical attributes and are not absolute. Again, your risk profile changes depending on how you perceive yourself too. A senior citizen with no dependents, but with lots of savings, may find it perfectly okay to take on more risk. Similarly, a young person but with many dependents and lots of financial liabilities may be more conservative than other people his age.
We have assumed that tax liabilities have been provided for, and the suggested investment break-up is for the net funds available. Broadly, you can classify investments in to cash and bullion, fixed income instruments, equities and mutual funds. Cash and bullion are taken as one, as both are equally liquid and widely used as a means of savings. Savings would also include funds in your bank savings accounts.
Apart from pure equities and fixed income instruments, mutual funds are popular investment vehicles. We have classified mutual funds separately since the risk of investing in funds is relatively lower. Moreover, balanced funds juggle between debt and equity making an all-inclusive classification difficult.
Age : 22-30 years
Profile :
You are single or are married but with no kids. Dependents are not an issue at this stage and your focus is on creating a sizeable corpus of investments for the future. Incomes typically grow at a fast rate annually. The ability to take risk is high and losses in the short term are acceptable. You can invest in equities with a time frame of about 5-6 years which protects you from short-term fluctuations
Cash and bullion 10%
Fixed income instruments 30%
Equity shares 40%
Mutual funds-equity growth 20%
Age : 31-45 years
Profile
You are now married and your family size has expanded, with two kids. Your parents are now dependent on you for emotional and some financial support. The focus is on consolidating your investments, making them more secure. The ability to take risk is there but to a limited extent. Limiting losses is a priority. Building on a corpus of funds for children’s education becomes a priority now.
Cash and bullion 10%
Fixed income instruments 40%
Equity shares 30%
Mutual funds-equity growth 20%
Age : 45-60 years
Profile
This is the age when retirement blues set in. Children's college and higher education make demands on your funds. You must also ensure that your retirement plans are in place, if you have not done it already. Hence, risk taking ability as a whole diminishes considerably.
Cash and bullion 10%
Fixed income instruments 50%
Equity shares 20%
Mutual funds-equity growth 20%
Age : Beyond 60
Profile :
You are taking life easy, some introspection, spending time with the family and maybe doing some part time work. Or like some workhorses, you are still engaged as a full time consultant with your ex-employer. The ability to take shocks is extremely limited and you should lower your exposure to equities. Your prime criterion should be to have a higher proportion of fixed income investments and stay liquid to meet any medical emergencies.
Cash and bullion 10%
Fixed income instruments 70%
Equity shares 10%
Mutual funds-equity growth 10%
Source :hdfcsecurities
Tata Steel can give good return in Long run
Tata Steel
Investors can BUY Tata Steel even at the current prices, the stock will still continue to perform well and give good returns over the next 3-6 months. So it is a sector where there is lot of high hopes. I think the results will not disappoint. But a careful thing that investors have to notice is that some of the smallcap metal stocks are flying high just because they got the right name in the company. Fundamentally, some of those companies may not deliver that sort of results that the frontline companies will deliver."
RNRL
The best rate to consolidate at 70 Rs and expect the target rate to Rs 200 in 2 years
IFCI
Rs. 80 -85 best price to accumulate ... expect the price to move up to Rs 125 in 6 months
India bulls Real estate
Indiabulls Real Estate is trading at new highs and has broken out a few days back. It should probably head towards Rs 800. But we need to have a close eye on how much leverage and the kind of cost of carry this market is building up. Reactions will be quite steep and sharp.
IVRCL
Accumulate for long term to get the price of 750+
Rel. Energy
Reliance Energy continues to surprise because it has now achieved all kinds of targets. Probably, one should keep a stop of about Rs 1,100 and let it ride it. It could probably head up to levels of Rs 1,350.
Investors can BUY Tata Steel even at the current prices, the stock will still continue to perform well and give good returns over the next 3-6 months. So it is a sector where there is lot of high hopes. I think the results will not disappoint. But a careful thing that investors have to notice is that some of the smallcap metal stocks are flying high just because they got the right name in the company. Fundamentally, some of those companies may not deliver that sort of results that the frontline companies will deliver."
RNRL
The best rate to consolidate at 70 Rs and expect the target rate to Rs 200 in 2 years
IFCI
Rs. 80 -85 best price to accumulate ... expect the price to move up to Rs 125 in 6 months
India bulls Real estate
Indiabulls Real Estate is trading at new highs and has broken out a few days back. It should probably head towards Rs 800. But we need to have a close eye on how much leverage and the kind of cost of carry this market is building up. Reactions will be quite steep and sharp.
IVRCL
Accumulate for long term to get the price of 750+
Rel. Energy
Reliance Energy continues to surprise because it has now achieved all kinds of targets. Probably, one should keep a stop of about Rs 1,100 and let it ride it. It could probably head up to levels of Rs 1,350.
September 27, 2007
Saamya Biotech -IPO Prospects
Saamya Biotech - Don't bother to fill in
Issue Date :Sept 24 - sept 28
Issue Price :10 Rs
Min. Order Quantity :600 Shares
Grade :Average - Bad
Recommendation :Skip
Company Information
Saamya Biotech is coming out with an initial public offering (IPO) of 15 lakh shares of Rs 10 each to raise around Rs 15 crore.
The company has set up in August 2002 as 100% EOU and deals in various chemicals and pharmaceuticals and also deals in various drugs and intermediaries.
As of now, it has no financials to report, so the management said that they will have revenues from FY08 onwards.
It has total assets of Rs 9.19 crore and networth of Rs 8.66 crore.
Money raised from the issue intends to use for setting up manufacturing facilities including R&D, pilot facility and to meet margin money for working capital.
Premium on share - Rs . 2-4 on Listing
Issue Date :Sept 24 - sept 28
Issue Price :10 Rs
Min. Order Quantity :600 Shares
Grade :Average - Bad
Recommendation :Skip
Company Information
Saamya Biotech is coming out with an initial public offering (IPO) of 15 lakh shares of Rs 10 each to raise around Rs 15 crore.
The company has set up in August 2002 as 100% EOU and deals in various chemicals and pharmaceuticals and also deals in various drugs and intermediaries.
As of now, it has no financials to report, so the management said that they will have revenues from FY08 onwards.
It has total assets of Rs 9.19 crore and networth of Rs 8.66 crore.
Money raised from the issue intends to use for setting up manufacturing facilities including R&D, pilot facility and to meet margin money for working capital.
Premium on share - Rs . 2-4 on Listing
September 25, 2007
Supreme Infrastructure India Limited - IPO Prospects
BUY for Listing Gains
Issue Period : 21st September - 26th September
Issue Price : Rs 96 - Rs 108
Issue Lot : 60 shares
Min. Order : 60 shares
Grade : Good
Recommendation : Subscribe
Company Info
Supreme Infrastructure, medium sized construction company, is open for subscription with an initial public offering (IPO) of 34.75 lakh equity shares at a price band of Rs 95-108 per share with 100% book building process.
The objects of the issue is to use funds to purchase & upgrade machinery and to meet long term working capital requirement.
Supreme Infrastructure is engaged in road construction, other infrastructure activities and has 10 projects under execution till March 31, 2008.
Valuations
The company, though have been executing small projects, is now carrying out big projects of Rs 100 crore and above with very high margins. This maybe possible due to back up facilities of RMC and stone quarry at their end. EPS for FY 08, maybe close to Rs.16 on expanded equity base of Rs 13.88 crore. Hence, share is issued at a PE of less than 7, which leaves tremendous scope of appreciation on listing as well as in long term.
An excellent bet, to invest at the upper band, for listing gain as well as, for long term investment for portfolio.
Premium on Listing - 10 -15% on Listing
Issue Period : 21st September - 26th September
Issue Price : Rs 96 - Rs 108
Issue Lot : 60 shares
Min. Order : 60 shares
Grade : Good
Recommendation : Subscribe
Company Info
Supreme Infrastructure, medium sized construction company, is open for subscription with an initial public offering (IPO) of 34.75 lakh equity shares at a price band of Rs 95-108 per share with 100% book building process.
The objects of the issue is to use funds to purchase & upgrade machinery and to meet long term working capital requirement.
Supreme Infrastructure is engaged in road construction, other infrastructure activities and has 10 projects under execution till March 31, 2008.
Valuations
The company, though have been executing small projects, is now carrying out big projects of Rs 100 crore and above with very high margins. This maybe possible due to back up facilities of RMC and stone quarry at their end. EPS for FY 08, maybe close to Rs.16 on expanded equity base of Rs 13.88 crore. Hence, share is issued at a PE of less than 7, which leaves tremendous scope of appreciation on listing as well as in long term.
An excellent bet, to invest at the upper band, for listing gain as well as, for long term investment for portfolio.
Premium on Listing - 10 -15% on Listing
September 23, 2007
BUY BHARTI AIRTEL - LONG TERM
Many Analysts believe that BHARTI AIRTEL is one of the better stocks in return after Reliance.
It has a BUY rating with a 12-month target of Rs 1150, which implies upside potential of 35%
Bharti remains our top pick on India’s booming mobile industry. Bharti has raised market share as well as expanded margins in a competitive market. Presenting at our Investors Forum 2007, management sees scope for further market share gains led by aggressive network expansions. With earnings set to grow at a 30% Cagr over FY07-10CL and scope for positive surprises, we believe Bharti’s valuations at 21x FY09CL remain compelling. Maintain BUY.
Bharti has been under performing earlier it was one of the leaders of the bull market and it will take the leadership role again together with Reliance Comm. So, if you are a trader, you should concentrate and focus on that stock and if you are an investor, this is a buying opportunity."
It has a BUY rating with a 12-month target of Rs 1150, which implies upside potential of 35%
Bharti remains our top pick on India’s booming mobile industry. Bharti has raised market share as well as expanded margins in a competitive market. Presenting at our Investors Forum 2007, management sees scope for further market share gains led by aggressive network expansions. With earnings set to grow at a 30% Cagr over FY07-10CL and scope for positive surprises, we believe Bharti’s valuations at 21x FY09CL remain compelling. Maintain BUY.
Bharti has been under performing earlier it was one of the leaders of the bull market and it will take the leadership role again together with Reliance Comm. So, if you are a trader, you should concentrate and focus on that stock and if you are an investor, this is a buying opportunity."
Book partial profit in RNRL & RPL
RNRL & RPL have been rising for many weeks now & both have touched their peak yesterday . Now the question is , Should a Investor BUY those share and the answer would be NO.
This is the point where you take profits all the time, this is purely for short-term traders
This is the point where you take profits all the time, this is purely for short-term traders
September 20, 2007
Cairn India - Long Term Growth Perpesctive
Buy Cairn India, target Rs 192: Goldman Sachs
Goldman Sachs is bullish on Cairn India and has maintained BUY rating on the stock with target price of Rs 192.
Goldman Sachs research report on Cairn India
Source of opportunity
We upgrade Cairn India to Buy from Neutral and raise our 12-month NAVbased target price by 44% to Rs192, implying 21% potential upside. This is based on the above-consensus bullish near-term and long-term crude price forecasts (by our global energy team in a recent upgrade) and emerging visibility on the monetization of Cairn India's Rajasthan asset on the back of resolution of the pipeline issue. We believe that Cairn India's share price reflects only the current 2P reserves in Rajasthan and its EOR potential, but not the potential exploration upside of Rs21/share from the Barmer Hill zone and the cumulative Rs30/share from cash and extant E&P assets.
Catalyst
We believe stock price catalysts include: 1) further exploration success in Rajasthan and the frontier Ganga Valley basin; 2) indication of pricing benchmark for Rajasthan crude; 3) sustained strength in crude prices; 4) demonstration of EOR potential of the Rajasthan asset.
Valuation
We value Cairn India on the NAV methodology based on sum of the DCF valuations of Rajasthan, Ravva, Cambay Basin producing assets, and valuation of Barmer Hill potential and gas find in KG Basin at EV/boe of US$6.0 and US$2.0, respectively. We have raised our earnings estimates by 7%-129% for 2007E-2010E (barring 2009E) based on higher peak production and higher crude price forecasts. The valuation may appear expensive on near-term multiples as monetization of the core Rajasthan asset would start only in mid-2009E. We have not included any value for exploration potential in the frontier basin at Ganga Valley.
Goldman Sachs is bullish on Cairn India and has maintained BUY rating on the stock with target price of Rs 192.
Goldman Sachs research report on Cairn India
Source of opportunity
We upgrade Cairn India to Buy from Neutral and raise our 12-month NAVbased target price by 44% to Rs192, implying 21% potential upside. This is based on the above-consensus bullish near-term and long-term crude price forecasts (by our global energy team in a recent upgrade) and emerging visibility on the monetization of Cairn India's Rajasthan asset on the back of resolution of the pipeline issue. We believe that Cairn India's share price reflects only the current 2P reserves in Rajasthan and its EOR potential, but not the potential exploration upside of Rs21/share from the Barmer Hill zone and the cumulative Rs30/share from cash and extant E&P assets.
Catalyst
We believe stock price catalysts include: 1) further exploration success in Rajasthan and the frontier Ganga Valley basin; 2) indication of pricing benchmark for Rajasthan crude; 3) sustained strength in crude prices; 4) demonstration of EOR potential of the Rajasthan asset.
Valuation
We value Cairn India on the NAV methodology based on sum of the DCF valuations of Rajasthan, Ravva, Cambay Basin producing assets, and valuation of Barmer Hill potential and gas find in KG Basin at EV/boe of US$6.0 and US$2.0, respectively. We have raised our earnings estimates by 7%-129% for 2007E-2010E (barring 2009E) based on higher peak production and higher crude price forecasts. The valuation may appear expensive on near-term multiples as monetization of the core Rajasthan asset would start only in mid-2009E. We have not included any value for exploration potential in the frontier basin at Ganga Valley.
September 19, 2007
Consolidated Construction Consortium Limited -IPO Prospects
Can Consolidate your Portfolio
Issue Period : 18th September -21st September
Face Value - Rs 10
Price -Rs 460 -Rs 510
Min .Order -12 shares
Grade - Very Good
Recommendation - Subscribe
Perspective - Long Term
Company Info
Consolidated Construction Consortium Limited (CCCL) undertakes turnkey building contracts for corporates and infrastructure/realty players, besides the Government.The IPO proceeds, approximating Rs.190 crore have been primarily earmarked for acquiring construction equipment, investments in subsidiaries, setting up a skill and management development centre and repayment of loans.
Valuations
The objects of the issue are to finance the acquisition of construction infrastructure, investment in subsidiaries, expenditures towards skill and management development centre, repayment of loans and expenditure for general corporate purposes.
CCCL is a good issue. The counter demand is very good. People can apply for the issue with intention of listing gain
Premium on Listing : 90 -110 Rs
Issue Period : 18th September -21st September
Face Value - Rs 10
Price -Rs 460 -Rs 510
Min .Order -12 shares
Grade - Very Good
Recommendation - Subscribe
Perspective - Long Term
Company Info
Consolidated Construction Consortium Limited (CCCL) undertakes turnkey building contracts for corporates and infrastructure/realty players, besides the Government.The IPO proceeds, approximating Rs.190 crore have been primarily earmarked for acquiring construction equipment, investments in subsidiaries, setting up a skill and management development centre and repayment of loans.
Valuations
The objects of the issue are to finance the acquisition of construction infrastructure, investment in subsidiaries, expenditures towards skill and management development centre, repayment of loans and expenditure for general corporate purposes.
CCCL is a good issue. The counter demand is very good. People can apply for the issue with intention of listing gain
Premium on Listing : 90 -110 Rs
Koutons Retail India Limited -IPO Prospects
Koutons Retail India Limited - IPO Prospects
Issue Period : 18th September -21st September
Face Value - Rs 10
Price -Rs 370 -Rs 415
Min .Order -15 shares
Grade - Good
Recommendation - Subscribe
Perspective - Long Term
Company Info
Apparel maker Koutons Retail India had priced its initial public offer in the band of Rs 370-415 a share. Proceeds will be utilised for setting up exclusive brand outlets of the company at the cost of Rs 41.2 crore, establishment of new integrated manufacturing facility (Rs 30.18 cr). The company is also going to purchase plant and machinery to increase finishing and manufacturing capacity (Rs 10 cr) and improve Information technology network (Rs 5.57 cr).
Valuations
Koutons Retail is an excellent issue with attractive price band. It can see appreciation of 20% on listing. Positive point is that they are not going to appoint sub dealers. Retail industry is also doing well. The counter demand is very good. So people should apply for this issue and also good for long term.
Issue Period : 18th September -21st September
Face Value - Rs 10
Price -Rs 370 -Rs 415
Min .Order -15 shares
Grade - Good
Recommendation - Subscribe
Perspective - Long Term
Company Info
Apparel maker Koutons Retail India had priced its initial public offer in the band of Rs 370-415 a share. Proceeds will be utilised for setting up exclusive brand outlets of the company at the cost of Rs 41.2 crore, establishment of new integrated manufacturing facility (Rs 30.18 cr). The company is also going to purchase plant and machinery to increase finishing and manufacturing capacity (Rs 10 cr) and improve Information technology network (Rs 5.57 cr).
Valuations
Koutons Retail is an excellent issue with attractive price band. It can see appreciation of 20% on listing. Positive point is that they are not going to appoint sub dealers. Retail industry is also doing well. The counter demand is very good. So people should apply for this issue and also good for long term.
September 12, 2007
Power Grid Corporation of India Ltd.- IPO Prospects
Power Grid - IPO Prospects
Issue Period : 10th September -13th September
Face Value - Rs 10
Price -Rs 44 -Rs 52
Min .Order -125 shares
Grade - Good
Recommendation - Subscribe
Comments
Investors can subscribe to Power Grid Corporation of India Ltd.’s (PGCIL) IPO at the cut-off price. The company is a near monopoly in the inter-regional and inter-state power transmission business where earnings visibility is high and operational risks are low. PGCIL is investing in trebling inter-regional transmission capacity over the next five years and is responsible for the planning and development of the nation-wide power transmission network.
The stock is expected to list at around Rs 75 as per present market situation. If one gets below Rs 70, then accumulate it for long term.
Issue Period : 10th September -13th September
Face Value - Rs 10
Price -Rs 44 -Rs 52
Min .Order -125 shares
Grade - Good
Recommendation - Subscribe
Comments
Investors can subscribe to Power Grid Corporation of India Ltd.’s (PGCIL) IPO at the cut-off price. The company is a near monopoly in the inter-regional and inter-state power transmission business where earnings visibility is high and operational risks are low. PGCIL is investing in trebling inter-regional transmission capacity over the next five years and is responsible for the planning and development of the nation-wide power transmission network.
The stock is expected to list at around Rs 75 as per present market situation. If one gets below Rs 70, then accumulate it for long term.
Dhanus Technologies Limited - IPO Prospectus
Dhanus Technologies Limited- IPO Prospects
Issue Period : 10th September -12th September
Face Value - Rs 10
Price -Rs 280 -Rs 295
Min .Order -20
sharesGrade - Average
Recommendation - Skip
Company Info
Dhanus Technologies is a rapidly growing communications services company that offers telecommunication services and unified messaging and enhanced logistics services. DTL has a BPO operation of telemarketing services to the US, UK and Australia markets. It has two wholly owned subsidiaries namely Dhanus Global Medicare Limited (Chennai) and Dhanus Technologies, Inc. (USA).
The company operates in the following business segments
Telecards
Teleservices/ITES/BPO Services
Telematics (FleeTrac services)
Comments
Investors can stay away from from the initial public offer of Dhanus Technologies, given the high competition in its business segments and relatively high execution risks. At the upper end of the price band (Rs 295), the offer values the company at about 17 times its trailing 12 month earnings, without factoring in the equity dilution due to the offer. This appears stiff in comparison to stocks of smaller telecom and software services as well as large hardware companies.
DTL has a falling profit margin for all its businesses (telecom, software and BPO). As per the management, investment in different areas of business is one of the reasons for the falling margins.
This issue is aggressively priced as compared to industry peers like Bharti Airtel, MTNL, Reliance Communications, Tulip IT Services and VSNL. We recommend an Ignore to our investors
Premium on Listing - 5-10%
Issue Period : 10th September -12th September
Face Value - Rs 10
Price -Rs 280 -Rs 295
Min .Order -20
sharesGrade - Average
Recommendation - Skip
Company Info
Dhanus Technologies is a rapidly growing communications services company that offers telecommunication services and unified messaging and enhanced logistics services. DTL has a BPO operation of telemarketing services to the US, UK and Australia markets. It has two wholly owned subsidiaries namely Dhanus Global Medicare Limited (Chennai) and Dhanus Technologies, Inc. (USA).
The company operates in the following business segments
Telecards
Teleservices/ITES/BPO Services
Telematics (FleeTrac services)
Comments
Investors can stay away from from the initial public offer of Dhanus Technologies, given the high competition in its business segments and relatively high execution risks. At the upper end of the price band (Rs 295), the offer values the company at about 17 times its trailing 12 month earnings, without factoring in the equity dilution due to the offer. This appears stiff in comparison to stocks of smaller telecom and software services as well as large hardware companies.
DTL has a falling profit margin for all its businesses (telecom, software and BPO). As per the management, investment in different areas of business is one of the reasons for the falling margins.
This issue is aggressively priced as compared to industry peers like Bharti Airtel, MTNL, Reliance Communications, Tulip IT Services and VSNL. We recommend an Ignore to our investors
Premium on Listing - 5-10%
September 9, 2007
Grey Market Premiums - Mid Aug /Sept. Issue
ALLIED COMPUTER 2-3 (12)
DHANUS TECH 100-110 (280-295)
INDO WIND ENERGY FLOPPED MAY WITHDRAW ITS ISSUE
KAVERI SEEDS 5-10 (150-170)
MAGNUM VENTURES DISCOUNT (27-30)
MOTILAL OSWAL 120-125 (825)
POWER GRID 13-14 (44-52)
DHANUS TECH 100-110 (280-295)
INDO WIND ENERGY FLOPPED MAY WITHDRAW ITS ISSUE
KAVERI SEEDS 5-10 (150-170)
MAGNUM VENTURES DISCOUNT (27-30)
MOTILAL OSWAL 120-125 (825)
POWER GRID 13-14 (44-52)
Kaveri Seed Company Limited -IPO Prospects
Kaveri Seed Company Limited - IPO Prospects
Issue Period : 06th September -11th September
Face Value - Rs 10
Price -Rs 150 -Rs 170
Min .Order -40 shares
Grade - Average
Recommendation - Skip
Comments
Kaveri Seed Company, one of the few recognized agri-input companies in India, is open for subscription with a public issue of 40,00,000 equity shares of Rs 10 each through 100% book building process
It is available at PE of 10x. Government is planning to announce new Fertiliser policy, which will be beneficial to Kaveri Seed.
Probably, secondary market price may be a better option, if someone has to urge to have this stock in the portfolio. A mediocre issue, which certainly looks expensive at the upper band of Rs 170.
Investors who have 2-3 years view, can apply for the issue.
Premium on Listing - 5 Rs
Issue Period : 06th September -11th September
Face Value - Rs 10
Price -Rs 150 -Rs 170
Min .Order -40 shares
Grade - Average
Recommendation - Skip
Comments
Kaveri Seed Company, one of the few recognized agri-input companies in India, is open for subscription with a public issue of 40,00,000 equity shares of Rs 10 each through 100% book building process
It is available at PE of 10x. Government is planning to announce new Fertiliser policy, which will be beneficial to Kaveri Seed.
Probably, secondary market price may be a better option, if someone has to urge to have this stock in the portfolio. A mediocre issue, which certainly looks expensive at the upper band of Rs 170.
Investors who have 2-3 years view, can apply for the issue.
Premium on Listing - 5 Rs
September 6, 2007
Make Crores - Start Right Now!
If you had bought 100 shares of Wipro at the rate of Rs 100 per share in 1980, they would be worth Rs 200 crore today.If you had invested Rs 10,000 in Infosys shares in 1992, you would be richer by Rs 1.5 crore today. If you had invested Rs 1,000 in Ranbaxy in 1980, you would have got Rs 1.9 crore today!
So what was the magic strategy that made this guy so rich? Simple.
He bought, he waited
Waited for all those share splits and bonus declarations.
Waited for the company to grow from strength to strength.
Waited even when the shares teetered only to recoup in a few years’ time.
Just as a child takes time to realise his/ her full potential, so does an investment need time to reward you handsomely.
Patience pays
Rakesh Jhunjhunwala said recently, if you want to learn more about patience, get married!The way I see it, you don’t really need to get married to learn patience. Just look back in time. All these stocks have been multi-baggers for those who stayed on for the long term. They would have fetched you unimaginable returns today.
Do your research
You will learn a thing or two about making crores from a few lakhs. You can still make those crores!
Turn a deaf ear at the sceptics; look at beaten down sectors.
Consider Aviation and Hospitality. Today, aviation stocks are way below their lifetime highs. But, as India grows, so will travel. And within the next three years, they will reward you handsomely.
Most people ignore aviation and hotels. And that is why they merit my attention.
Pick up stocks that others are ignoring. People who create wealth do things that others do not. I am sure you could make crores if you do too!
Source :Money control.com
So what was the magic strategy that made this guy so rich? Simple.
He bought, he waited
Waited for all those share splits and bonus declarations.
Waited for the company to grow from strength to strength.
Waited even when the shares teetered only to recoup in a few years’ time.
Just as a child takes time to realise his/ her full potential, so does an investment need time to reward you handsomely.
Patience pays
Rakesh Jhunjhunwala said recently, if you want to learn more about patience, get married!The way I see it, you don’t really need to get married to learn patience. Just look back in time. All these stocks have been multi-baggers for those who stayed on for the long term. They would have fetched you unimaginable returns today.
Do your research
You will learn a thing or two about making crores from a few lakhs. You can still make those crores!
Turn a deaf ear at the sceptics; look at beaten down sectors.
Consider Aviation and Hospitality. Today, aviation stocks are way below their lifetime highs. But, as India grows, so will travel. And within the next three years, they will reward you handsomely.
Most people ignore aviation and hotels. And that is why they merit my attention.
Pick up stocks that others are ignoring. People who create wealth do things that others do not. I am sure you could make crores if you do too!
Source :Money control.com
Subscribe to:
Posts (Atom)