Market is on a boom
For most market watchers the market is booming. Sure the common man may or may not think so but all indicators are trying to say that the market is more than fairly priced, if not fully priced. Sure there are pockets of lower valuation, but there are pockets of full valuation too.
- The IPO market is red hot. The BSE IPO was oversubscribed 50 times – this is really huge, and may have left some regret for the people who priced it. In retrospect it looks like it could have been priced at least 15% higher than the issue price.
- The IPO is one of the best indicators of what the big people think about the market.
- Do we even have to ask who is one of the best guys in the market to make money? R K Damani – if you need an introduction, do Google. He is timed his IPO now – what more proof?
- Market is full of hopefuls and super hopefuls – there is a premium to the RKD IPO – which is priced at a pe of 43. God bless.
- The PE of the FMCG has to be transferred to the retailers I heard. Great story, but the fmcg pe is not falling!
- Even fertilisers and pesticide companies are now at a high pe
- the so called good and well known companies are yielding NOTHING on their IPOs. Mahindra Holiday Resorts came IPO in 2008 at Rs. 300. Now it is hovering at 430, and looks fully priced. We are talking about an IRR far below PPF, over a 10 year period, even including dividends.
- Icici pru life IPO, LnT infotech, …and a few other ‘big’ reputed house IPOs are all below the water
- A few IPOs either already listed or about to be on offer are surely going the Reliance Power way, not sure which.
- Any share that looks good is terribly over priced, but there are companies which are still attractive
- Index pe makes no sense – one has to go by individual pe
- banks and finance companies are surely peaking in their valuation, be careful
- RE is not giving good returns, gold and silver are dormant..so the money is flowing into the market
- as the SIP size and number increases, ALPHA will disappear but Index itself will do better than PPF over say a 10 year period
- have lower expectation from the market, SAVE MORE AND INVEST MORE
- Re look at your retirement corpus if the yield on bank fd, gov securities, etc. are all headed south