Hope your portfolio is back to normal now :)
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Hope your portfolio is back to normal now :)
yes!!!... market ennai rombe sodhikkalai... :) I wanted to book profits on some weak / extremely overvalued stocks in my portfolio but this unexpected fall din't give me the chance to do it... Had I done it, I would have had a chance to buy better, stronger companies cheap now...
The Reliance Power Board has approved a bonus issue of 3:5 shares
http://www.moneycontrol.com/india/ne...e/10/01/327651
:lol: :hammer: :angry2: :banghead: :lol:
dev.. why this mixed reaction ?
but the reliance power share prices should fall further as the networth will remain the same, where as the denominator increases.. let us wait and watch what the indian public do
First off, the pricing was way toooo high for a company which is going to begin full fledged operations(if atall it does)
only after 5 yrs... adhukku namma makkal kuduttha reaction(over-subscription)-ku :hammer: :banghead: Just make a comparison with NTPC & anyone with some common sense will understand how highly priced this IPO is...
Once the price started falling, he transfered assets from Reliance energy to reliance power to boost the share prices, which to me is not ethical... adhukku :angry2:
& now andha dhaana prabhu has given a part of his holding to the retail investors to boost investor confidence... As far as I know, a company cannot issue bonus shares to one class of shareholders (I might be wrong here & I guess there might be some loopholes which is why the SEBI has not questioned it so far)... He's doing all these so that he can get good price for his future IPOs... No ethical businessman will do such things in the name of protecting shareholders... If he is more concerned about maintaining the share price than adding value to the business, I don't understand the logic there...:angry2:
& the :lol: :lol: are for the ppl's reaction to all these drama... just read thru the msg board for some of the comments...
http://www.moneycontrol.com/india/st...marketprice/RP
PPl who speak the fact are called pessimists & anti-reliance guys now... :lol: Sentiments & emotions might work for sometime in the stock markets but if one wants to be in it for the long run, just get rid of the sentiments & look at business as a business... Sentiments can overshadow facts at times(most of the times)!!!...:)
Kaathai kaamichu kaasu pannuradhu eppadinu ippo thaan paarkiren!!!... :P
I also felt it was over priced and i didnt apply for the IPO and when my colleagues asked me why i am not applying, my answer was "I know it will quote lesser than the issue price, so i can always buy in the open market". But i was taken aback when the issue was over subscribed by multiple times.. it reminded me of the following dialogue in a tamil film :)
Goundar : dei enda sirikkira :evil:
Senthil : indha ulagatha nenachen sirichen :lol:
:lol: tht dialogue fits well for this situation...:)Quote:
Originally Posted by mgb
Illadha businessai forecast & value pannuradhai vida irukira businessai analyse , forecast & value pannuradhu easy...:) anyway... lets enjoy the drama...;) :)
could someone tell me which brokerage is ideal for new investors. There are advertisement for reliance, icici, motilal, Geojit.
Depends on what kind of services you are looking for from the brokerage...:)Quote:
Originally Posted by wrap07
If it's just a simple demat & online trading a/c, I would recommend Kotak securities... I have my a/c with them for the past 2 1/2 yrs & am very happy with their service/customer care/...
thanks a lot for your kind reply. I will now puruse that. :D