What strategy to follow for current IPOs?

sau_ag · #1 3rd February 2008, 07:41 PM

hi,

I am planning to apply for emaar mgf, wockhardt and manjushree ipos for amount 40,000/-, 40,000/- and 10,000/- respectively. Please advise if this the right strategy in the current scenario.

Saurabh

kaveri_034 · #2 3rd February 2008, 09:42 PM

Same Query for Emaar MGF??????/Help needed!!!

guruguru · #3 3rd February 2008, 10:59 PM

Wockhardt Hospital
Guru! Discount hi Discount!
Fortis Hospital given @108rs., now available @72rs. They also talked about doubling nos. of hospitals.

Very tough business guru! Low ROE 10%, continuous capital requirement to expand. 6-8yrs. payback. machinery wl get outdated and requires replacement. Do not think mgt. can break shackles of business, will require more time. Buy Apollo guru, Still 10-15% cheaper than Wockhardt (@225Rs.). So you will get listing money only when mgt.lowers lower price band by another 25-30%. Not possible! guru.

Baki,The fundamentals and objectives of the issues are good. I guess it will be a good time u get money back. If u buy hold it for 1-2 yrs

ManjuShree
Guru,
Vimal kedia is flexible /blow packaging king guru ! But business is commodity guru and competition is fierce. To make bottles and zars for pickles,milk powder,tea/coffe jars etc.

Nowadays client are moving to do Blow extrusion themselves, as that will save cost and transportation, as when you transport fully blown bottle you also transport air with it which is costly,and you may damage the bottle in transportation too.
As clients are moving in blow-up jobs. Blow-up moulders are moving to do PET kit. This are small cylindrical PET bottle. Which u can do economically if you employ a large imported machine which gives scale. These small bottles are supplied to clients to do blow moulding themselves.

Right now there are few doing this PET bottles. Like AMD metplast, 3-4 more. But many will catch up once they see this IPO or RPO/FPO and margin improvements.

Rights shares are being acquired at Rs.30 and Follow-on shares are offered at Rs.45.
Mgt. is king in packaging, but last shareholders were not got any reward. Take your decision Guru

Emmar MGF
Guru,
MGF wale ne Shaikh ko sath me le liya. MGF bought land, Emmar got money. Now both are happy, as both already made 20X.....MGF may be 100x, who knows. Bhai pura company ban gaya. Now MGF controls 51% of company. MGF can fire Emmar MD and vice a versa.
Guru, company is fully leaveraged. land conversion ka paisa bhi nahi he. Instead thet hv bought land. Now they tell that they have 500mnSqft of land. Only 100mnsqft land has got converted.

Bhai land convert to IPO ke paiso se karega.
Guru, Unitech lelo, usake pas 800mn.Sqft he. still cheaper far far cheaper than Emmar-MGF.
Issue bhar jayega. Chalega bhi lekin Risk to he.

sau_ag · #4 4th February 2008, 12:29 AM

Quote:

Originally Posted by guruguru

Wockhardt Hospital
Guru! Discount hi Discount!
Fortis Hospital given @108rs., now available @72rs. They also talked about doubling nos. of hospitals.

Very tough business guru! Low ROE 10%, continuous capital requirement to expand. 6-8yrs. payback. machinery wl get outdated and requires replacement. Do not think mgt. can break shackles of business, will require more time. Buy Apollo guru, Still 10-15% cheaper than Wockhardt (@225Rs.). So you will get listing money only when mgt.lowers lower price band by another 25-30%. Not possible! guru.

Baki,The fundamentals and objectives of the issues are good. I guess it will be a good time u get money back. If u buy hold it for 1-2 yrs

ManjuShree
Guru,
Vimal kedia is flexible /blow packaging king guru ! But business is commodity guru and competition is fierce. To make bottles and zars for pickles,milk powder,tea/coffe jars etc.

Nowadays client are moving to do Blow extrusion themselves, as that will save cost and transportation, as when you transport fully blown bottle you also transport air with it which is costly,and you may damage the bottle in transportation too.
As clients are moving in blow-up jobs. Blow-up moulders are moving to do PET kit. This are small cylindrical PET bottle. Which u can do economically if you employ a large imported machine which gives scale. These small bottles are supplied to clients to do blow moulding themselves.

Right now there are few doing this PET bottles. Like AMD metplast, 3-4 more. But many will catch up once they see this IPO or RPO/FPO and margin improvements.

Rights shares are being acquired at Rs.30 and Follow-on shares are offered at Rs.45.
Mgt. is king in packaging, but last shareholders were not got any reward. Take your decision Guru

Emmar MGF
Guru,
MGF wale ne Shaikh ko sath me le liya. MGF bought land, Emmar got money. Now both are happy, as both already made 20X.....MGF may be 100x, who knows. Bhai pura company ban gaya. Now MGF controls 51% of company. MGF can fire Emmar MD and vice a versa.
Guru, company is fully leaveraged. land conversion ka paisa bhi nahi he. Instead thet hv bought land. Now they tell that they have 500mnSqft of land. Only 100mnsqft land has got converted.

Bhai land convert to IPO ke paiso se karega.
Guru, Unitech lelo, usake pas 800mn.Sqft he. still cheaper far far cheaper than Emmar-MGF.
Issue bhar jayega. Chalega bhi lekin Risk to he.

Dear Guruji,

Thanks for detailed reply.

AmoghG · #5 7th February 2008, 11:31 AM

Guru aap GreyMarket se yaha bhi pahunch gaye!