Very Strange
Max Financial and Demerged (New ) Max India are Rs. 2 paid up. But Max Ventures is Rs. 10 paid up .
We had expected Max Ventures to list around Rs. 500 per share.
But Promoters Offer is at Rs.31 / 50p and CMP is around Rs.47.
We do not understand.
But we have bought some shares at CMP.
----------------------------------------------------
---------------------
Also , please read :-
January 14, 2016
Max India -Demerger
http://www.rareindianshares.info/2016/01/max-india-demerger-first-life-insurance.html
-------------------------------------------------------
General Warning : Investment in shares can be injurious to your WEALTH.
Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism
( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )
Max Financial and Demerged (New ) Max India are Rs. 2 paid up. But Max Ventures is Rs. 10 paid up .
We had expected Max Ventures to list around Rs. 500 per share.
But Promoters Offer is at Rs.31 / 50p and CMP is around Rs.47.
We do not understand.
But we have bought some shares at CMP.
----------------------------------------------------
June 22, 2016
Max Ventures - What Could be Fair Value Per Share ( Please Recheck )
What is the LIKELY fair value of one share of Max Venture ?
----------------------
Let us do some study ( Only Study , No Investment , please ) .
( Please Recheck every fact and , especially figures like Share Capital etc.) .
We May be Wrong
------------------------------------------------------
Max Ventures owns Max Specialty Films manufacturing Unit at its sprawling factory at Balachaur ( Dist. Ropar Punjab )
In 2012 , a deal had been struck to sell this Unit to Treofan of Germany for Rs. 540 crore
Source :-
http://articles.economictimes.indiatimes.com/2013-02-14/news/37100086_1_max-india-insurance-and-healthcare-businesses-max-life
Since , then fortunes of Films packaging units have improved many times . Study the performance of Peer group like Cosmos Films , Uflex etc ( whose share prices are at all time high ).
We can the current enterprise value of Max Specialty Films at Rs. 1500 crore.
The Share Capital of , now , emerged Max Ventures is around Rs. 50 crore i.e. 5 crore shares of Rs. 10 each.
So , the likely value of one share of Max Ventures is Rs. 300.
---------------------
Caution : Please recheck and recalculate every
figure and fact before taking any investment
decision . No responsibility with this Blog / Writer
----------------------
Let us do some study ( Only Study , No Investment , please ) .
( Please Recheck every fact and , especially figures like Share Capital etc.) .
We May be Wrong
------------------------------------------------------
Max Ventures owns Max Specialty Films manufacturing Unit at its sprawling factory at Balachaur ( Dist. Ropar Punjab )
In 2012 , a deal had been struck to sell this Unit to Treofan of Germany for Rs. 540 crore
Source :-
http://articles.economictimes.indiatimes.com/2013-02-14/news/37100086_1_max-india-insurance-and-healthcare-businesses-max-life
Since , then fortunes of Films packaging units have improved many times . Study the performance of Peer group like Cosmos Films , Uflex etc ( whose share prices are at all time high ).
We can the current enterprise value of Max Specialty Films at Rs. 1500 crore.
The Share Capital of , now , emerged Max Ventures is around Rs. 50 crore i.e. 5 crore shares of Rs. 10 each.
So , the likely value of one share of Max Ventures is Rs. 300.
---------------------
June 28, 2016
Caution : Please recheck and recalculate every
figure and fact before taking any investment
decision . No responsibility with this Blog / Writer
---------------------
Also , please read :-
January 14, 2016
Max India -Demerger
http://www.rareindianshares.info/2016/01/max-india-demerger-first-life-insurance.html
-------------------------------------------------------
General Warning : Investment in shares can be injurious to your WEALTH.
Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism
( PS : All information given in good faith. Please recheck all facts etc. No responsibility with this author / blog. )
No comments:
Post a Comment