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rajiv's review
Investment Sector: Equities Submitted by Rajiv 
, An Investor...
at Bank Of Baroda....migrating to USA
7 months ago Add Tag |
Stay Invested..............
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Friends,
Well, seems 500-600 ponits up and down is now the order of the day.
Unless subprime crisis cools down,unless selling of US funds cools down, seems we will see lots of volatility uptill then.
It is natural that when selling will come volatiltity will be at the highest.
Well,decoupling is bound to take place sooner or later.India growth can't be ignored by the world.Moreover the US economy will also do well from second half as I have written here in past.
Many fund managers are sceptic about the decoupling theory, but time will come when we will see decoupling taking place as well.
My targets of 28k-30k are still intact which I gave here in Jan08...which could be achieved within a year .
<u>If one must have seen, the retail participation in IPO of Ril Power was big enough to see that FII's investment though was of rs 17,000 cr, was way behind the total of retail participation in Rpower issue which was as big as 1 lac cr and issue was subscribed for total value of Rs 7 lac cr.
Here one is able to see the clear demarcation happening now between local money coming into play.It is obvious that those who will not get allotment will opt for buying RPower on listing day ,but the thing to be observed here is,the money which were in savings bank a/c come out for application for RPower and now will come to secondary market and thus will increase the stake of Public participation in Indian Market context and hence I feel that the day is not far off when FII's will not be able to take the call on our market.</u>
Someone asked me , that some Rs 145 cr cheques went in Stop Payment for RPOwer IPO due to the recent meltdown, but when an issue is oversubscribed by 86 times at over Rs 7,00,000 cr , then what makes the difference for Rs.145 cr...It is just peanuts for the entire issue.
As I have written at the Heading..Stay Invested.........India story is not to end so abruptly......we have still a long way to go.India is where China was 15 yrs back.Try to understand what I am upto.
I have written couple of weeks back that someone sold heavily the futures of Nifty in our market and as Prashant showed, it was the biggest speculator on the earth,Mr George Soros who seems have done the damage, Viz:according to what we read in dnamoney paper.Don't know whether he has unwind his short position or not....
But the same George Soros has taken stake in Ril Entertainment.
Here I am putting that article which I read in Business Standard paper:
Soros invests $100mn in Rel Entertainment
BS Reporter / New Delhi February 07, 2008
George Soros has picked up 3% stake in Reliance Entertainment for $100 million (Rs 400 crore). The stake sale puts the value of the company at around $3 billion (approximately Rs 12,000 crore).Reliance Entertainment is the flagship and umbrella entertainment company of Reliance Anil Dhirubhai Ambani Group and 100% owned by Anil Ambani.Reliance Entertainment has three main lines of business - Internet and new media, film entertainment and TV broadcasting.A Reliance Entertainment spokesperson confirmed the development, and added: "We are delighted to have a sophisticated investor like George Soros as a stakeholder in the company that operates in a high growth and high potential entertainment sector offering a complete bouquet of innovative products and services to its audience."Reliance Entertainment, under its Internet and new media initiatives, has already launched a number of ventures: Zapak, a gaming portal; Big Adda, a social network and social media venture; Big Flicks, an online and offline movie rentals business; and Jump Mobile, a mobile entertainment venture.The company has signed up frontline directors like Farhan Akhtar - for an estimated Rs 300 crore for six films - Madhur Bhandarkar and Vivek Agnihotri for production. It has recently acquired controlling stake in India's largest production studio - ND Studio. It has also initiated allied ventures such as Big Music (music CDs), Home Video(video) and animation & special effects.
Now if George Soros is so bearish on India then why the hell he is selling in Indian Market?He has invested in an unlisted company of Anil Ambani gr where many investors(MF's managers/HNI's/Strategic invt/IIT's/IIM's/etc etc) are sceptic on whether Anil Ambani has the credentials to run EVEN a small co or not?Though I am a great follower of Anil Ambani and feel that he is definately better then Mukesh Ambani.
Well, I have again tried my best to pacify the recent shocks which market is still giving to us....
I hope , this is not the time to panic... but to buy stocks which have fallen sharply....
Though I have not to write this I still would write here again:
These are all my views and I may wrong horribly....and anything written for anyone personally are my own view and read nad understand while reading somewhere else....
I again cautioned all my viewers that take your own judegment as act judisiously taking advice from more concrete person.I am not the best judge of the situation individually...and hence one should act accordingly to his behest....
Well, seems 500-600 ponits up and down is now the order of the day.
Unless subprime crisis cools down,unless selling of US funds cools down, seems we will see lots of volatility uptill then.
It is natural that when selling will come volatiltity will be at the highest.
Well,decoupling is bound to take place sooner or later.India growth can't be ignored by the world.Moreover the US economy will also do well from second half as I have written here in past.
Many fund managers are sceptic about the decoupling theory, but time will come when we will see decoupling taking place as well.
My targets of 28k-30k are still intact which I gave here in Jan08...which could be achieved within a year .
<u>If one must have seen, the retail participation in IPO of Ril Power was big enough to see that FII's investment though was of rs 17,000 cr, was way behind the total of retail participation in Rpower issue which was as big as 1 lac cr and issue was subscribed for total value of Rs 7 lac cr.
Here one is able to see the clear demarcation happening now between local money coming into play.It is obvious that those who will not get allotment will opt for buying RPower on listing day ,but the thing to be observed here is,the money which were in savings bank a/c come out for application for RPower and now will come to secondary market and thus will increase the stake of Public participation in Indian Market context and hence I feel that the day is not far off when FII's will not be able to take the call on our market.</u>
Someone asked me , that some Rs 145 cr cheques went in Stop Payment for RPOwer IPO due to the recent meltdown, but when an issue is oversubscribed by 86 times at over Rs 7,00,000 cr , then what makes the difference for Rs.145 cr...It is just peanuts for the entire issue.
As I have written at the Heading..Stay Invested.........India story is not to end so abruptly......we have still a long way to go.India is where China was 15 yrs back.Try to understand what I am upto.
I have written couple of weeks back that someone sold heavily the futures of Nifty in our market and as Prashant showed, it was the biggest speculator on the earth,Mr George Soros who seems have done the damage, Viz:according to what we read in dnamoney paper.Don't know whether he has unwind his short position or not....
But the same George Soros has taken stake in Ril Entertainment.
Here I am putting that article which I read in Business Standard paper:
Soros invests $100mn in Rel Entertainment
BS Reporter / New Delhi February 07, 2008
George Soros has picked up 3% stake in Reliance Entertainment for $100 million (Rs 400 crore). The stake sale puts the value of the company at around $3 billion (approximately Rs 12,000 crore).Reliance Entertainment is the flagship and umbrella entertainment company of Reliance Anil Dhirubhai Ambani Group and 100% owned by Anil Ambani.Reliance Entertainment has three main lines of business - Internet and new media, film entertainment and TV broadcasting.A Reliance Entertainment spokesperson confirmed the development, and added: "We are delighted to have a sophisticated investor like George Soros as a stakeholder in the company that operates in a high growth and high potential entertainment sector offering a complete bouquet of innovative products and services to its audience."Reliance Entertainment, under its Internet and new media initiatives, has already launched a number of ventures: Zapak, a gaming portal; Big Adda, a social network and social media venture; Big Flicks, an online and offline movie rentals business; and Jump Mobile, a mobile entertainment venture.The company has signed up frontline directors like Farhan Akhtar - for an estimated Rs 300 crore for six films - Madhur Bhandarkar and Vivek Agnihotri for production. It has recently acquired controlling stake in India's largest production studio - ND Studio. It has also initiated allied ventures such as Big Music (music CDs), Home Video(video) and animation & special effects.
Now if George Soros is so bearish on India then why the hell he is selling in Indian Market?He has invested in an unlisted company of Anil Ambani gr where many investors(MF's managers/HNI's/Strategic invt/IIT's/IIM's/etc etc) are sceptic on whether Anil Ambani has the credentials to run EVEN a small co or not?Though I am a great follower of Anil Ambani and feel that he is definately better then Mukesh Ambani.
Well, I have again tried my best to pacify the recent shocks which market is still giving to us....
I hope , this is not the time to panic... but to buy stocks which have fallen sharply....
Though I have not to write this I still would write here again:
These are all my views and I may wrong horribly....and anything written for anyone personally are my own view and read nad understand while reading somewhere else....
I again cautioned all my viewers that take your own judegment as act judisiously taking advice from more concrete person.I am not the best judge of the situation individually...and hence one should act accordingly to his behest....
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An Investor... at Bank Of Baroda....migrating to USA
An Investor... at Bank Of Baroda....migrating to USA