Author Topic: SPEL -- Synthetic Products Enterprises Limited  (Read 29901 times)

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Offline SBM

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SPEL -- Synthetic Products Enterprises Limited
« Reply #-1 on: December 01, 2014, 03:13:34 PM »
All about Synthetic Products Enterprises Ltd
« Last Edit: June 02, 2015, 09:38:46 PM by SBM »
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SPEL -- Synthetic Products Enterprises Limited
« Reply #-1 on: December 01, 2014, 03:13:34 PM »

Offline SBM

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Re: SPEL -- Synthetic Products Enterprises Limited
« on: December 01, 2014, 03:18:36 PM »
http://www.spelgroup.com/

new ipo coming up
documents cleared by exchange on the 27th of november
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Offline Farzooq

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #1 on: December 02, 2014, 10:47:39 AM »
AHL has been mandated with the IPO of Synthetic Products Enterprises Limited (SPEL) one of the leading manufacturers of Plastic Packaging and Auto Parts in Pakistan, based in Lahore. The issue will be offered via Book Building (tentative date 9th Dec) followed by General Public Offering planned for the end of December.


Offer
 
19,350,000 ordinary shares
 

Issue Breakdown
 
75% - Book building – 14,512,500 shares

25% - Public Portion – 4,837,500 shares
 

Price
 
Determined via Book Building under a Dutch Auction Method

Price Band PKR 23/- per share – PKR 39/- per share
 

Tentative Dates
 
Book Building – 9th December, 2014
 

Listing Venue
 
Karachi Stock Exchange
 

Funds Utilization
 
Capital for expansion in manufacturing facilities / working capital financing
 

Joint Advisor & Lead

Manager
 
Arif Habib Limited
 
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Offline genious.genio

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #2 on: December 02, 2014, 11:07:19 AM »
AHL has been mandated with the IPO of Synthetic Products Enterprises Limited (SPEL) one of the leading manufacturers of Plastic Packaging and Auto Parts in Pakistan, based in Lahore. The issue will be offered via Book Building (tentative date 9th Dec) followed by General Public Offering planned for the end of December.


Offer
 
19,350,000 ordinary shares
 

Issue Breakdown
 
75% - Book building – 14,512,500 shares

25% - Public Portion – 4,837,500 shares
 

Price
 
Determined via Book Building under a Dutch Auction Method

Price Band PKR 23/- per share – PKR 39/- per share
 

Tentative Dates
 
Book Building – 9th December, 2014
 

Listing Venue
 
Karachi Stock Exchange
 

Funds Utilization
 
Capital for expansion in manufacturing facilities / working capital financing
 

Joint Advisor & Lead

Manager
 
Arif Habib Limited

yur views on company???

Offline 007

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #3 on: December 02, 2014, 05:49:47 PM »
eps kitni hai kya pe multiple banta hai

Offline SBM

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #4 on: December 02, 2014, 11:10:36 PM »
I hate waking up.

Offline SBM

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #5 on: December 02, 2014, 11:13:26 PM »
6 year sales cagr 21%, NP cagr 34%
which is very good .. but ROE is low

Its in similar industry as ecop .. but you can now see how ecop directors are full of shit... this company is making reasonable and growing profits year after year while ecop is cries about dharnas and what not
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Offline Just Another Guy

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #6 on: December 03, 2014, 12:10:50 AM »
6 year sales cagr 21%, NP cagr 34%
which is very good .. but ROE is low

Its in similar industry as ecop .. but you can now see how ecop directors are full of shit... this company is making reasonable and growing profits year after year while ecop is cries about dharnas and what not

ROE is reasonable but I think you are only looking at ROE of 1st quarter

Offline 007

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #7 on: December 03, 2014, 02:41:07 AM »
2 re ki eps jay sath what is the pE multiple justified

Certainly not 39 that would mean a pE multiple of 18  huhu

Offline 007

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #8 on: December 09, 2014, 11:40:00 AM »
got 70K shares at 30

sahee ho gaya I think this price is a good one

Offline genious.genio

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #9 on: December 09, 2014, 11:56:37 AM »
got 70K shares at 30

sahee ho gaya I think this price is a good one

public ko b ab Rs 30 pe offer hoga?? public subscption dates??

Offline Mohsim

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #10 on: December 09, 2014, 12:20:25 PM »
ipo kab aarahi hai iski ? ipo main ktne tak ka milega ? n kitne tym main kia expctations ?

Offline opportunist

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #11 on: December 18, 2014, 12:13:28 PM »
can anyone tell iska IPO kab araha hai aur kitne pe milega
Sab ke Din Aatay Hain,,,, Hamaraa Zamanaa Aye Gaa....

Offline 007

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #12 on: December 18, 2014, 10:31:47 PM »
30 per

1st week of jan

Offline opportunist

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #13 on: December 24, 2014, 01:32:31 PM »
30 per

1st week of jan
30 par iske IPO ki  buying banti hai????? 70k tou hain aap k paas kuch hamara bhi bhala hojaye  :thumbsup_anim:
Sab ke Din Aatay Hain,,,, Hamaraa Zamanaa Aye Gaa....

Offline 007

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #14 on: December 24, 2014, 05:44:47 PM »
my opinion is biased

Offline hasnain0099

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #15 on: December 24, 2014, 07:22:46 PM »
30 per

1st week of jan
30 par iske IPO ki  buying banti hai????? 70k tou hain aap k paas kuch hamara bhi bhala hojaye  :thumbsup_anim:
Its always good to subscribe to IPOs no matter how expensive they seem. We saw this with Hascol,EPQL and SPWL but all paid something to subscribers. I would put subscription with a target of 5 Rs above and then sell it, doesnt hurt me.
Value Plays: BAHL,ENGRO,HMB,MCB,FEROZ,EFERT,KAPCO,SPWL,GASF.
Growth Plays:ENGRO,MUGHAL,BAHL,TGL,HASCOL,HINOON,SEARL,SPEL,ENGRO,EFOODS.
Yield Plays:GASF,ABL,HMB,SPWL,EPQL.

Offline SBM

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #16 on: December 24, 2014, 08:36:33 PM »
30 per

1st week of jan
30 par iske IPO ki  buying banti hai????? 70k tou hain aap k paas kuch hamara bhi bhala hojaye  :thumbsup_anim:
Its always good to subscribe to IPOs no matter how expensive they seem. We saw this with Hascol,EPQL and SPWL but all paid something to subscribers. I would put subscription with a target of 5 Rs above and then sell it, doesnt hurt me.

nothing is good "always"
I hate waking up.

Offline hasnain0099

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #17 on: December 24, 2014, 10:13:00 PM »
30 per

1st week of jan
30 par iske IPO ki  buying banti hai????? 70k tou hain aap k paas kuch hamara bhi bhala hojaye  :thumbsup_anim:
Its always good to subscribe to IPOs no matter how expensive they seem. We saw this with Hascol,EPQL and SPWL but all paid something to subscribers. I would put subscription with a target of 5 Rs above and then sell it, doesnt hurt me.

nothing is good "always"
how many IPOs have u seen going down immidiately after the start?  my memory failes to grab much except google. Even the worst of the kachra like DSL once touched 44 after its IPO. If the price starts falling immidiatly after the IPO, the biggies wont ever get a chance of handing out their accumulation to retail investors at a profit. Its no rocket science at least in Pakistan
Value Plays: BAHL,ENGRO,HMB,MCB,FEROZ,EFERT,KAPCO,SPWL,GASF.
Growth Plays:ENGRO,MUGHAL,BAHL,TGL,HASCOL,HINOON,SEARL,SPEL,ENGRO,EFOODS.
Yield Plays:GASF,ABL,HMB,SPWL,EPQL.

Offline m.omar

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Re: SPEL -- Synthetic Products Enterprises Limited
« Reply #18 on: December 24, 2014, 10:16:47 PM »
What about Facebook?

Tags: spel ipo ? SPEL