Jai Ho NSIT Baba Ki :dontgeti: :nervous: :-| :eek:
Dhanya Ho Prabhu!!!
lame n disappointing despo....the 'football club' thread hasnt even taught u how to retort :(...anywayz...no more personal bouts....ciao
lame n disappointing despo....the 'football club' thread hasnt even taught u how to retort :(...anywayz...no more personal bouts....ciao
rajeshnsitian Sayslame n disappointing despo....the 'football club' thread hasnt even taught u how to retort :(...anywayz...no more personal bouts....ciao
Retort.. Why would i retort to the BABAJEE,
Check out the Nervous and Neutral Emoticons...
I was a bit surprised though... that you took fist seriously.
(Dint realise that all along)
i think Provogue is a crap share man...be very cautious on this. the company has poor fundamentlas. it's owner is a big-time crook. price-rise, if it takes place, would be the work of insider trading by its owner only. notice the high it has come off. provogue's bubble bursted a few months back.
can you tell me more about this GATEWAY DISTRIPARKS ...what does this company do..which sector....turnover n all..
Anybody invetsed in PVR IPO??...watt cud be its probable listing date??
No Dude, ur thinking Provogue is just guided by what u hear and see in television not based on the thoughts my bullisheness on provogue is due to following facts
. In retail business gr8 future prospect
. Engaged in Textile tremendous outlook after multifabric quota removal
. Domestic Mutual fund and Technicals are banking on it with medium to long term outlook
Guidance and eps for fy06-07 looks attractive compared to its peers as pantloon, trent and zodiac.
Talking about its management those are the things of past it was just less than 10 gm of cocoine which now a days quite common with high profile people and celebs.
u have asked about the G Dist Park it is a logistic company having widespread reach and the fundamentals and valuations looks attractive and cheap.
at last Celebrity fashions has unveiled its IPO price of 160-180..as per expecations...it will hit markets soon...
and also one more IPO...bartrnoics....price band of 62-80rs..
seems this december there has been a flood of IPOs....(tulip...pvr...punj. lyoyd..etc)
abt piramyd retail...its price has gone down its IPO offerin price of Rs120...so???
If someone had applied for ABG, can you tell if you recieved the refund... I haven't got mine yet 😞 ... who do i need to contact for the same??
got my refund fer ABG bak...came by home delivry at my home..didnt get any allotment..
cld any1 throw light on rain calcin ..hrd tht its going to go up//
adios.
ankursanghi SaysIf someone had applied for ABG, can you tell if you recieved the refund... I haven't got mine yet 😞 ... who do i need to contact for the same??
Hey , i think u wud need to contact the registrar for the issue that is INTIME SPECTRUM and quote ur application no. and then proceed accordingly ...
Ciao
Gaurav
I got it on Tuesday.. You should contact the registrar of the IPO for the same.ankursanghi SaysIf someone had applied for ABG, can you tell if you recieved the refund... I haven't got mine yet 😞 ... who do i need to contact for the same??
Nobody commented on Punj Lloyd IPO....*surprised*
It is making more sense to me than the media IPO PVR
Ok here's my take on this. Well pretty late to post, today being the last day to apply.
1. Punj Lloyd is one of the largest engineering and construction companies in India mainly active in the areas of oil & gas pipelines, storage tanks, process facilities and projects in the road and power sector. The pipeline business contributes 40-50% of the revenue. The company has 13 subsidiaries engaged in allied activities and cable TV business.
2. The company derived 26% of its consolidated revenue in FY05 from its international operations which focuses mainly on Middle East. It also has presence in UK, Turkey, Georgia, Kazakhstan, Qatar, UAE, OMAN, Tunisia, Libya, Singapore & Indonesia and is exploring opportunities in 4 more countries. In India, BHEL, ONGC, GAIL, Reliance Industries and IOC are some of its clients
3. The order flows from oil & gas sector (which accounts for 78% of revenue) would firm up as high oil prices and increased demand has led to rise in exploration and transport activities for both oil and natural gas. IEA expects oil demand to rise 2.1% in 2006 and U.S. Department of Energy expects consumption of gas to increase by 70% during 2002-2025. This would lead to development of pipelines and LNG infrastructure which would add to revenues of Punj.
4. The company would also benefit from surge in infrastructure spending in India as 38.75% of the backlog as on September, 2005 amounting to Rs. 1162.25 crs is from infrastructure sector.
5. The company plans to tap the opportunities available to it by expanding its presence in regions where it is already present and target project segment which has high potential for growth and where the company enjoys competitive advantage. The company's backlog as of September 30, 2005 stands at Rs. 2999.35 crs and they have been awarded additional contracts of Rs. 713.77 crs during the period between October 1, 2005 and November 15, 2005. Its order backlog is about twice its FY-05 earnings.
6. The proceeds from the offer are to be used for purchase of capital equipment, prepayment of debt and investment in infrastructure projects and subsidiaries. For 2004-05, the company's consolidated revenues stood at Rs 1,790 crore and the post-tax earnings at Rs 101 crore as against Rs 105 crore for FY04.
7. From a profit of Rs.275 million in the year 2001 the profit was down to as low as Rs.6.25 million in the last fiscal. Consequently the EPS last fiscal was just Rs.0.12 while it was Rs.12.58 the year before and Rs.4.52 the year before that and the Book Value per share last fiscal was Rs.209.80.
8. Though the company's stand-alone operating profit margin (OPM) has fluctuated, the consolidated OPM in the last two years has been in the 19 per cent range. This is superior to the construction industry average of 7-10 per cent.
9. Oil and gas infrastructure yields better margins than other civil infrastructure works. As the company derives much of its earnings from this segment, the margins are likely to be higher than that of most of its peers, deriving bulk of their income from civil works.
10. In addition, Punj Lloyd owns and manages its own equipments unlike some construction companies that lease them. This will help the company sustain its higher operating margins vis--vis its peers. The company's plan to prepay about 37 per cent of its current debt out of the proceeds of the issue will bolster the bottomline. The net profit margin is now 5-6 per cent. EPS (Post issue Equity) for FY04 20.19 and FY05 19.17.
Some of the perceived risks
1. About 41 per cent of the company's orders are fixed-price contracts and limits the possibility of protecting its margins from steep price hikes; this can dent the company's margins.
2. The geographical diversification has boosted the financial performance, but it leaves the company exposed to the risk of foreign exchange fluctuations.
3. Though the company is now a major player in the oil and gas infrastructure space, increased opportunities are likely to see other players entering the field. Competition is likely to intensify in the coming years.
4. Slowdown in economy, both domestic and worldwide and client concentration, as top 10 clients contribute to 62% of companys revenue, are causes of concern.
I feel at the current offer price, the stock trades at a significant premium to its competitors such as Larsen & Toubro and Hindustan Construction. Hence, the stock may not be suitable for investors looking for near-term gains.
Overall company seems to have good prospects for the future. Growth opportunities in the oil and gas infrastructure sector, expected improvement in the bottomline arising from debt reduction, and a foothold in major oil-producing regions make it a good buy for medium to long term gains, say over a two to three year horizon
cheerio
SK
Anyone here using poweryourtrade.com from CNBC...
I am considering trying it for Rs 199 for 1 month a deal which will last for a few more days...
Atleast should be good for beginners trying to get some depth in understanding the market
K
I am into the equity markets now. ( SInce I have started earning..pittance though!)
Anyway, I am looking at stocks in sectors like Infrastructure, Energy and Automobiles. Long term.
How about a company like IDFC? whats your call? Is it overpriced now? Any idea?? Also thinking of Ashok Leyland.
Btw..anyone here has holdings in TTML ( Tata Teleservices) That stock has been static for the past 6 months! I have 200 shares in that.
Anyone here using poweryourtrade.com from CNBC...
I am considering trying it for Rs 199 for 1 month a deal which will last for a few more days...
Atleast should be good for beginners trying to get some depth in understanding the market
K
My friend is using it. It's pretty good I think. He has been trying to follow the stocks they recommend. Don't know how well they have performed though. Will let you know! Watch this space!!
Tulip IT Services IPO subscribed 25.08 times....Anyone lucky?:D
cld any1 tell me wat is benefecial NSDL and CDSL no.??
also sme1 tld me tht shares of siemen comp were approx 2500 sme 20 days bak..n today stand at 3500..hehe..wat a leap!!..didnt c tht comin though..
I am into the equity markets now. ( SInce I have started earning..pittance though!)
Anyway, I am looking at stocks in sectors like Infrastructure, Energy and Automobiles. Long term.
How about a company like IDFC? whats your call? Is it overpriced now? Any idea?? Also thinking of Ashok Leyland.
Btw..anyone here has holdings in TTML ( Tata Teleservices) That stock has been static for the past 6 months! I have 200 shares in that.
Well ...even i m holding 300 odd shares of tata tele ...and some shares in IDFC ...IDFC is currently trading at Rs70 ..and i think it is fairly valued...Will be holding on to the stock as it is a major player in infrastructure financing and infrastructure sector offers good prospects of growth ....So u can expect decent returns if u are patient with the stock
More IPOs coming this month ..celebrity fashions , ginni filaments , bartronics , educomp ...and again all at the same time
Already invested a lot of amount in PVR , Tulip and Punj ...and now can only invest in the BEST of the lot ...what wud be the best IPO to invest among these ??
Anyways ...happy investing ...
ciao
Punjab lloyd is a good stock.
I have always wondered...why does the media talk in terms of points gained or dropped?? ( never looked at the Sensex anyway..it's just an indicator)
Isn't it better to talk in percentages. For example a 100 point drop when the Sensex is at 9300 just means more than 1% which is NOTHING! What say??
absolutely....makes more sense to talk in percentages..also easier to comprehend..atleast to me!!
hi guys i have d shares of rolta itc n many more companies
plz suggest is it d time to sell my share.or nt
hi, has anyone tried options trading?