VMV Holidays IPO Review & Recommendations

VMV Holidays IPO Review by Dilip Davda May apply

[Dilip Davda]  <p>Based on latest earnings, if we annualized and attribute it to fully diluted equity post IPO, then asking price is at 140 plus P/E and thus a risky bet.</p> <p>&nbsp;</p> <p style="margin: 0in 0in 0pt; text-align: justify;"><strong><span style="color: red; font-family: 'Times New Roman','serif'; font-size: 12pt;">DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.</span></strong></p> <p>&nbsp;</p> Read detail review...