indiTraders - Forum for the Active Indian Trader  

Go Back   indiTraders - Forum for the Active Indian Trader > Markets > Stocks

Stocks Listed by Company Name

NordFX
Reply
 
Bookmark and Share LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 01-03-2015, 08:39 PM
avadhoot's Avatar
avadhoot avadhoot is offline
indiTraders VIP
 
Join Date: Mar 2012
Posts: 695
Thanks: 192
Thanked 1,314 Times in 616 Posts
avadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to behold
Default Ortel communications IPO



Ortel Communication is a regional cable television and high speed broadband provider predominantly in Odisha (constituting 89 % of its customer base) and a few other states like Chhattisgarh, Andhra Pradesh and West Bengal.





The Z-score of .62 indicates the high probability of its bankruptcy.
Total debt is almost 6.5 times Ortelís networth and rising interest costs are detrimental to Ortelís strive towards profitability. Besides, Ortel predominantly operates in Orissa only (and a few more states in lower capacities) and its business is quite vulnerable to rising completion and changing technologies.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 2 Users Say Thank You to avadhoot For This Useful Post:
  #2 (permalink)  
Old 26-03-2015, 09:54 PM
avadhoot's Avatar
avadhoot avadhoot is offline
indiTraders VIP
 
Join Date: Mar 2012
Posts: 695
Thanks: 192
Thanked 1,314 Times in 616 Posts
avadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to beholdavadhoot is a splendid one to behold
Default

The share is presently trading at Rs. 144 against the issue price of Rs. 181,
I had expected the issue to be called off.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 3 Users Say Thank You to avadhoot For This Useful Post:
  #3 (permalink)  
Old 27-03-2015, 01:53 PM
kkseal kkseal is offline
Hip-py
 
Join Date: Apr 2009
Posts: 4,978
Thanks: 6,571
Thanked 9,571 Times in 4,123 Posts
kkseal has a reputation beyond reputekkseal has a reputation beyond repute
kkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond repute
Default

Such companies should not be allowed to issue IPOs Current criteria of x yrs positive networth is too loose.
__________________
'Growth & Value are joined at the hip' - Warren buffet
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 2 Users Say Thank You to kkseal For This Useful Post:
  #4 (permalink)  
Old 27-03-2015, 03:43 PM
jazz's Avatar
jazz jazz is offline
what!!!
 
Join Date: May 2009
Location: Raipur
Posts: 1,668
Thanks: 2,746
Thanked 5,718 Times in 1,536 Posts
jazz has a reputation beyond reputejazz has a reputation beyond repute
jazz has a reputation beyond repute
Default

Originally Posted by kkseal View Post
Such companies should not be allowed to issue IPOs Current criteria of x yrs positive networth is too loose.

Is Networth such a real thing to look at ?
A company might have a -ve networth yet not bankrupt !!

http://people.stern.nyu.edu/igiddy/cases/sealedair.htm

Last edited by jazz; 27-03-2015 at 03:45 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following User Says Thank You to jazz For This Useful Post:
  #5 (permalink)  
Old 27-03-2015, 04:21 PM
kkseal kkseal is offline
Hip-py
 
Join Date: Apr 2009
Posts: 4,978
Thanks: 6,571
Thanked 9,571 Times in 4,123 Posts
kkseal has a reputation beyond reputekkseal has a reputation beyond repute
kkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond reputekkseal has a reputation beyond repute
Default

This one has a positive networth but destroying investor money voraciously. I think the latter has to figure among the criteria.
__________________
'Growth & Value are joined at the hip' - Warren buffet
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
The Following 2 Users Say Thank You to kkseal For This Useful Post:
Reply

indiTraders - Forum for the Active Indian Trader > Markets > Stocks


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are On


NordFX

All times are GMT +5.5. The time now is 07:14 AM.


vBulletin Copyright by vBulletin

Content Relevant URLs by vBSEO 3.3.2