FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTS

Poll

EXCHANGE RATE PREDICTION: 2022

HSenid IPO Vote_lcap16%HSenid IPO Vote_rcap 16% [ 43 ]
HSenid IPO Vote_lcap21%HSenid IPO Vote_rcap 21% [ 57 ]
HSenid IPO Vote_lcap30%HSenid IPO Vote_rcap 30% [ 83 ]
HSenid IPO Vote_lcap34%HSenid IPO Vote_rcap 34% [ 93 ]

Total Votes : 276

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» The rupee was now ‘heavily undervalued’ based on fundamentals - Central Bank Governor Nandalal Weerasinghe
by K.R Today at 3:02 pm

» LOLC FINANCE PLC (LOFC.N0000)
by Riz123 Today at 1:45 pm

» CIC going to next level
by suku502 Today at 12:13 pm

» PMB/PLC/PINS
by K.R Today at 12:03 pm

» Sri Lanka bond yields extend fall on DDR comments
by K.R Fri Nov 25, 2022 11:32 pm

» What will happen tomorrow?
by K.R Thu Nov 24, 2022 7:56 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by ErangaDS Wed Nov 23, 2022 6:34 pm

» KZOO.N SHAW WALLACE INVESTMENTS PLC TP 10/
by cheetah Wed Nov 23, 2022 11:16 am

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Wed Nov 23, 2022 6:53 am

» SRI LANKA TELECOM (SLTL.N0000) - Reawakening the Giant
by Equity Win Tue Nov 22, 2022 12:10 pm

» EXTERMINATORS PLC (EXT.N0000)
by ErangaDS Tue Nov 22, 2022 10:35 am

» Focus on Government controlled entities
by K.R Sun Nov 20, 2022 10:45 am

» Singapore based Kreate Design to invest USD 1 Billion to Colombo Lotus Tower
by K.R Sat Nov 19, 2022 1:40 pm

» China working with other lenders on ‘easing’ Sri Lanka debt
by K.R Sat Nov 19, 2022 1:31 pm

» Billionaire owned listed companies faces insolvency issues in Sri Lanka
by God Father Sat Nov 19, 2022 10:11 am

» Wahts going on with Expo
by sanjayaK Fri Nov 18, 2022 2:23 pm

» REGULATORS - DUTY OF CARE
by God Father Fri Nov 18, 2022 1:47 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by K.R Tue Nov 15, 2022 8:03 pm

» LANKA HOSPITAL + SRI LANKA TELECOM + HOUSING DEVELOPMENT COOPERATION
by nish84 Tue Nov 15, 2022 4:29 pm

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
by Thushara Ayya Tue Nov 15, 2022 10:16 am

EXPERT CHRONICLE™

MARKET CHAT


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » HSenid IPO

HSenid IPO

+14
dhanushkacse
Gowri123
MoneyLover
Kaptivajkss
abey
rukshan1234
sakuni
samansilva
rajithasahan
ddrperera
Wickyz
IDK
thankrishan
chandike73
18 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1HSenid IPO Empty HSenid IPO Sun Nov 21, 2021 11:14 am

chandike73

chandike73
Manager - Equity Analytics
Manager - Equity Analytics

The IPO comprises an issue of 55,339,076 shares at a price of LKR 12.50 per share. The issue will open from 03rd December 2021.

sajithlk02 likes this post

sakuni dislikes this post

2HSenid IPO Empty Re: HSenid IPO Tue Nov 23, 2021 3:53 pm

thankrishan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Online application available?

3HSenid IPO Empty Re: HSenid IPO Tue Nov 23, 2021 5:12 pm

IDK


Senior Equity Analytic
Senior Equity Analytic

highly overpriced, even more than Jat

ddrperera, sakuni and samansilva like this post

4HSenid IPO Empty Re: HSenid IPO Tue Nov 23, 2021 8:03 pm

Wickyz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Dont buy. First day it will come Rs 8. 50

ddrperera, smallinvestor, sakuni and samansilva like this post

5HSenid IPO Empty Re: HSenid IPO Tue Nov 23, 2021 8:06 pm

thankrishan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Me to feel it will fall in the first day.

ddrperera, smallinvestor, sakuni and samansilva like this post

6HSenid IPO Empty Re: HSenid IPO Tue Nov 23, 2021 8:44 pm

ddrperera


Vice President - Equity Analytics
Vice President - Equity Analytics

Highly overvalue price..Not satisfaction with financial figures.. : Shocked Shocked

samansilva likes this post

7HSenid IPO Empty Re: HSenid IPO Tue Nov 23, 2021 9:01 pm

rajithasahan


Senior Equity Analytic
Senior Equity Analytic

Totally mess IPO ..Don't Apply it..Highly Highly Highly over value ..worth around Rs 8

smallinvestor and samansilva like this post

8HSenid IPO Empty Re: HSenid IPO Thu Nov 25, 2021 8:25 pm

samansilva


Manager - Equity Analytics
Manager - Equity Analytics

No doubt over value.. Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad

some say software company has low asset..what ever who said over value asset wise and earning wise..

9HSenid IPO Empty Re: HSenid IPO Fri Nov 26, 2021 9:57 am

sakuni


Manager - Equity Analytics
Manager - Equity Analytics

service oriented  company net assets might be low..because of  servers are hosting in cloud etc..That  argument  is valid.


But  Earning wise look Annualize EPS will be  0.28

P/E Ratio=45


Market P/E ratio=13



can grant maximum value Rs 8-9..

OVERVALUE.. Shocked Shocked Shocked Shocked

rukshan1234 and samansilva like this post

10HSenid IPO Empty Re: HSenid IPO Sat Nov 27, 2021 5:14 pm

rukshan1234


Manager - Equity Analytics
Manager - Equity Analytics

Highest EPS Last Four months 0.95/3=0.316

Current year Four months EPS =0.09

0.316 >0.09 So they can't achieve Highest EPS

Annualized =0.30

Market P/E= 14* 0.30 =value rs 4.2

Sector P/E 7 *0.30= Rs 2.1

Highest sector 0.95 *7 =Rs 6.65

Net Asset Rs 4


HIGHLY HIGHLY OVER VALE




MY FAIR VALUE RS 8.50

Any suggestions

sanjulanka dislikes this post

11HSenid IPO Empty Re: HSenid IPO Sun Nov 28, 2021 12:27 pm

abey


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

EML net asset vallue below 3 share price 30

sanjulanka likes this post

12HSenid IPO Empty Re: HSenid IPO Sun Nov 28, 2021 12:28 pm

abey


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

i think issue 0ver subcribed more than 10 times

13HSenid IPO Empty Re: HSenid IPO Sun Nov 28, 2021 12:31 pm

abey


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

If you don t like hseind ipo please dont applly .
LOOK AT LLUB &expo net asset

14HSenid IPO Empty Re: HSenid IPO Sun Nov 28, 2021 2:16 pm

Kaptivajkss


Senior Equity Analytic
Senior Equity Analytic

EML net asset vallue below 3 share price 30

>>>>. Valid point.

15HSenid IPO Empty Re: HSenid IPO Sun Nov 28, 2021 2:21 pm

Kaptivajkss


Senior Equity Analytic
Senior Equity Analytic

If you don t like hseind ipo please dont applly

>>>>valid point
LOOK AT LLUB &expo net asset

>>>>>hadn’t llub declared dividends since listing what would be the net asset by now.....

Seevalee likes this post

16HSenid IPO Empty Re: HSenid IPO Sun Nov 28, 2021 2:30 pm

Kaptivajkss


Senior Equity Analytic
Senior Equity Analytic

Assume that a company declared dividends ...LKR 100 in 2020 November....the current value ( in November 2021) of that dividends at a rate of 12% is 100*(1+12/100)^1=112....assume that the current net asset per share is 10. Hadn’t they declared the dividends , the current nav would be 10+112=122.....people think about this in terms of ROE as well..

17HSenid IPO Empty Re: HSenid IPO Sun Nov 28, 2021 2:34 pm

Kaptivajkss


Senior Equity Analytic
Senior Equity Analytic

ROE ...is meant for what you get from the listed company from its business...

18HSenid IPO Empty Re: HSenid IPO Tue Nov 30, 2021 7:14 pm

thankrishan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

With the positive sentiment for IPO in the market, this can accelerate in short term.

19HSenid IPO Empty Re: HSenid IPO Tue Nov 30, 2021 8:34 pm

MoneyLover

MoneyLover
Manager - Equity Analytics
Manager - Equity Analytics

Kaptivajkss wrote:If you don t like hseind ipo please dont applly

>>>>valid point
LOOK AT LLUB &expo net asset

>>>>>hadn’t llub declared dividends since listing what would be the net asset by now.....

All the above arguments are valid in a way ....

My biggest concern is share split 1:110 (in August 2021) immediate prior to the IPO

A few months before the share split it issued some shares (=244.8/110 = 2.23) and technically costs at Rs. 2.23 per share. Why IPO subscribers should pay Rs. 12.50 per share??

ddrperera and stockchaser like this post

20HSenid IPO Empty Re: HSenid IPO Tue Nov 30, 2021 11:24 pm

rajithasahan


Senior Equity Analytic
Senior Equity Analytic

Post sub division  share is equivalent Rs 2.23


2021 POST EPS  0.76

P/E RATIO 21.39



OVERVALUE  Shocked  Shocked  Shocked

21HSenid IPO Empty Re: HSenid IPO Fri Dec 03, 2021 1:40 pm

thankrishan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Oversubscribed !!!

22HSenid IPO Empty Re: HSenid IPO Fri Dec 03, 2021 11:27 pm

Gowri123


Senior Equity Analytic
Senior Equity Analytic

hSenid will be oveesubsribed by 10 times...worth investigating...I feel another successful IPO after expack...

abey likes this post

23HSenid IPO Empty Re: HSenid IPO Sat Dec 04, 2021 4:49 am

dhanushkacse


Equity Analytic
Equity Analytic

price is highly over valued, First Day this was touch 8 LKR

24HSenid IPO Empty Re: HSenid IPO Sun Dec 05, 2021 12:09 am

abey


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

20+

Dilip likes this post

25HSenid IPO Empty Re: HSenid IPO Tue Dec 14, 2021 7:12 pm

Gowri123


Senior Equity Analytic
Senior Equity Analytic

HSenid IPO Img-2014

abey likes this post

Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

Permissions in this forum:
You cannot reply to topics in this forum