Owner: Investment - snakes & ladder URL:http://rtyagis.blogspot.com Join Date: Mon, 16 Jul 2007 13:01:26 -0500 Rating:0 Site Description: Investment - snakes & ladder on shares and mutualfund and other tax related topics Site statistics:Click here
What is in Reliance Pack? 2007-07-15 05:08:00 Reliance
has given returns to shareholders. After all there are so many companies today, which will not exist tomorrow, but Reliance will be around here tomorrow. Even they have dragged the stock market (see the chart and data). Reliance is good investment, provided one invests them at low valuations.
Mukesh has two listed companies RIL and RPL. Anil has 4 listed companies with him and he has chosen 1 of them – R Capital to play with investments, chosen R Energy to invest in huge futuristic projects (Mumbai Metro), Adlabs to play in Media/Entertainment - R Com may be for any global ambitions.
View on Reliance Group Cos -
1. RIL - Doing exceedingly well - Refining, Petrochemical and Exploration/Production and Retail. But RIL is now in investment phase (planned acquisitions, retail expansions will such billions of dollars of capital). Also company is very heavily priced, at nearly 40 billion Dollars in Market Cap (which is big even by international standards). So RIL will be a m
The Sensex story: 1000 to 15000 2007-07-13 12:17:00
Despite weak global cues, indian stocks were in great demand, especially auto, pharma, IT and metals stocks. On Friday, this lifted the Bombay Stock Exchange's benchmark 30-share Sensex past the magical 15,000-mark. (See below for the timeline).
The unprecedented Bull Run started on May 6, 2003 when the Sensex was at 3,001.21 level. In took just 67 trading sessions to cross the 4,000-mark and touch 4,026.27 points on August 19, 2003.
The rally continued and the index gained another 1,000 points in 54 trading sessions to post 5,068.66 points on November 3, 2003.
Thereafter, it pierced through the 6,000 mark on January 2, 2004 in another 43 trading sessions. The market then seemed to pause for breath as it took a whopping 370 trading sessions to cross the 7,000 mark, at 7001.55 on June 20, 2005.
From 7,000-mark, the sentiment turned distinctly firm following good liquidity that played a significant role to determine the market direction and Sensex crossed 8,0 Read more:story
Reliance Capital – Best buy, let’s find out why? 2007-07-10 10:48:00
CMP: 1161
Market Cap: 28,531crs
Reliance
Capital, is the financial services arm of Anil Dhirubhai Ambani Group (ADAG), has witnessed a spectacular run on the bourses, almost doubling over the past year.
In the past month, it has gone up 36 per cent. Investors are flocking to the Reliance Capital counter, taking cue from the company’s big bang expansion plans, its growing leadership position in existing businesses within a short period of time and buy recommendation by various foreign and domestic brokerage firms due to attractive valuation and future potential.
After touching its all-time high of Rs 1046 on May 22, the stock seems to have consolidated at around Rs 950-980 levels and currently everyday hitting 52 weeks high of Rs.1161.
Reliance Capital is one of the leading and fastest growing private sector financial services company. It is the largest asset management co in India. It also offers life insurance and general insurance products through its subsidiaries. It has
Stock Ideas – What to buy? 2007-07-10 10:46:00 As I have mentioned in my previous post that I will come up with my list of stocks that you can buy (If you are looking for a very safe stock & over the long term) in the correction, here is the list -
INFOSYS RELIANCE (RIL) NTPC
They will give you steady return of 30-35%. Other stocks, I will pick in my coming post, which will give you 40%+ returns per year. Like- Reliance Capital, ICICI Bank, L&T, Punj Lloyd etc.
After all ...The market is weird. Every time one guy sells, another one buys, and they both think they're smart. Read more:Stock
Indian Investment Gurus - Rakesh Jhunjhunwala & Radha Kishan Damani 2007-07-04 02:14:00 Rakesh Jhunjhunwala started with a meagre Rs 10,000 somewhere in 1985 and with some trading profit was on a leverage capital of Rs 10 lacs in a few months now if you compound that Rs 10 lacs at 57% for 22 years, You do get to the figure of Rs 2250 crores. Rakesh Jhunjhunwala is one example of compounding. Basically he came out unhurt both in 1992 (Harshad Mehta) and in 2000 (ketan pareikh). Now avoiding the biggest mistakes is one of the ingredients to creating this ocean of wealth. But he had bet very aggressively in 1989 or thereabouts he was the only person long on the markets and I think Madhu Dandvate was to present the budget and the whole market was short and Rakesh Jhunjhunwala the only lone long standing bull! he minted. I heard that In 1992 he was among the few who could time Harshad Mehta's bubble to perfection. The other being Radha Kishan Damani - of Bright Star investment. So while the whole nation bled and lost these two investors minted. Radha Kishanji lost a fai Read more:Gurus
PAN is now Mandatory for all Mutual Fund Investors 2007-07-04 00:36:00 IT - Permanent Account Number is now Mandatory
for all Mutual
Fund Investors
Applicable from : July 2nd 2007
Scope : New purchase, Additional purchase, Fresh SIP and Subsequent SIPs
Photo Copy of PAN Card for all applicants (including NRI's) can be attested by any one of the following -
AMFI Certified Distributors ( Signature with Name & ARN Code)
Notary Public (Signature , Name & Seal)
Bank Manager ( Signature, Name & Bank seal)
Employees of RCAM (Name & Seal)
Employees of Karvy R&T front offices ( Name & Seal)
Photocopy of acknowledgement of submission of Form 49A - Attestation not required
Sebi order regarding Pan No. Requirements - https://www.karvymfs.com/InformationCenter/ItPAN.aspx
Do you plan to invest in MF and don't have PAN?
To apply for PAN follow link - https://tin.tin.nsdl.com/pan/index.html
Click here to download Form 49A - http://incometaxindia.gov.in/Archive/ChangeForm.PDF
Frequently Asked Questions and Answers (FAQs)
Correction is near. Book profit and be ready with cash for fresh buying..... 2007-07-02 11:03:00 Correction is near. Book profit
and be ready
with cash for fresh
buying. I am exiting all my short term stocks, where I am earning 10-15%. Chances of correction are more now -Reason:Two Big IPOs DLF and ICICI Bank is going to list in near future.High Bank interest rate (Liquidity crunch)Rupee appreciation is impacting IT and other exporter's earning (Only big exporters can survive).Low sales of retail and commercial vehicles. (Auto stocks hitting 52 weeks low) Cement stocks not good due to Govt. export ban.Infy and other IT stocks first quarter results would be coming this month, if they are not as expected by market, then market will react negatively. IT stocks are already hitting bottom if they further loose ground then we would see blood bath. Now only neutral stocks like Reliance capital, RIL can move the sensex up but how much?I would come up with my stock list and their price band in which you would enter after correction.“YOU SHOULE NOT BE IN THE MARKET ALL THE TIME. THERE AR
Housing Development and Infrastructure Ltd - IPO 2007-07-01 05:42:00 HousingDevelopment
and Infrastructure
Ltd IPO Information
»» Public Issue Open : June 28, 2007 to July 03, 2007
»» Public Issue Price: Rs. 430/- to Rs. 500/- Per Equity Share
Strengths
1. HDIL has land reserves of approximately 112.1 million square feet of saleable area to be developed through 32 ongoing or planned projects. The company has 21 ongoing projects under construction and development, aggregating to approximately 45.5 million square feet of saleable area, and has 11 planned projects aggregating approximately 66.6 million square feet of saleable area. Of the land reserves, about 73.4% is actually owned by the company; and 15.7% of it is to be acquired under memoranda of understanding (MoU) and agreements. But these MoUs do not have any revocation clauses. Another 10.9% of the land reserve is under joint venture with partners. The execution, however, rests with HDIL.
2. Has received in-principle approval from the Ministry of Commerce and Industry to de
Investment Quotes 2007-06-28 11:44:00 The market is a place where people with money meet people with experience. The people with experience get the money while people with money get experience! If you could tell the future from a Balance Sheet then accountants and mathematicians would be the richest people in the world. "I don't go near the money and the money doesn't go near me." - Peter Lynch " You have to lose many a battle to win the war" - Rakesh Jhunjhunwala Most unpopular ideas may be are the most profitable. - Rakesh Jhunjhunwala Read more:Quotes
How to build a mutual fund portfolio? 2007-06-27 06:31:00 One of the most common questions in front of every mutual fund investor.
Some useful suggestions from PersonalFN.com to clear the air:
http://www.personalfn.com/detail.asp?date=5/8/2007&story=1
This article was written by Personalfn for Business India, and was carried in its May 6, 2007 issue with the title, "Building a mutual fund portfolio". The original draft, in its entirety, has been retained here.
With new fund offers (NFOs) becoming the order of the day (there are dozens launched every month) in the mutual fund industry, investors often find themselves stumped while evaluating whether a particular fund should be a part of their portfolio. Add to this the fact that most of the NFOs fail to offer anything significantly different from existing mutual funds. This confuses the investor even further, since he is forever agonising on whether the NFO is truly a great investment opportunity as the advertisement often claims.
At Personalfn, we are flooded with queries from inv
Are Markets Really Risky? 2007-06-26 01:16:00 There was an American comedian who, whenever someone would ask him, "How's your wife?" would reply, "Compared to what"? The answer to today's big question is the same. Is equity investing too risky for the retail investors? Well, compared to what? The crucial issue is not whether the investor is retail or wholesale, but whether the investments are for the long- or the short-term and what kind of skills and presence of mind does he or she bring to the actual choice of investments.
Practically speaking, risk in the stock markets is a function of time. The longer the timeframe over which you invest, the lower the risk. Today, all this talk of the 'retail investors' losing money in the markets appears to be about individuals who normally do not invest in the markets but have perhaps come into the markets in recent months hoping for some quick gains. There are many such investors and it's possible that they will lose money. Nothing should be done about this. Such 'investors', retai Read more:Markets
The ABC of financial planning 2007-06-26 01:09:00 If the future always went according to plan, financial planning
would be a one-time exercise. But life throws a few curves now and then.
We all have dreams! For buying a new car, that dream house, getting their children married in style, or simply retiring early. All these are also significant financial decisions. Astute long-term planning may make life financially secure, while inadequate or misguided planning could turn it awry. The process of meeting your life's goals, through prudent management of finances is what is often referred to as `financial planning'.
Financial planning provides direction and meaning to your financial decisions. It allows you to understand how each financial decision can affect other areas of your finances. For example, buying a particular investment product might delay your retirement significantly. By viewing each financial decision as part of a whole, you can consider its short- and long-term effects on your life goals. You can also adapt more eas
Great investors in present world 2007-06-25 04:28:00 Warren Buffett
Employer: Chairman of Berkshire Hathaway
Most Known For: A $10,000 investment into Berkshire Hathaway when Buffett took control in 1965 would be worth over $50 million today. By comparison, $10,000 in the S&P 500 would have grown to only $500,000.
Peter Lynch
Employer: Vice-chairman of Fidelity
Most Famous For: When he started managing the Fidelity Magellan Fund in 1978, it had assets of $20 million. When he retired in 1990, it had assets of $14 billion.
John (Jack) Bogle:
Employer: Founder and Chairman of The Vanguard Group
Most Famous For: Often referred to as the father of index fund investing, he’s the creator of the first S&P 500 index fund.
George Soros
Employer: Founder of Soros Fund Management
Most Famous For: A highly respected currency speculator, he once shorted the British Pound for a one day gain in excess of $1 billion.
John Templeton
Employer: Founder of the Templeton Group
Most Famous For: Created some of the world’s largest and most successful gl Read more:Great
Famous Quotes - By Investment Gurus 2007-06-25 04:25:00 Warren BuffettQuotes
:"If past history was all there was to the game, the richest people would be librarians.""Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.""Someone’s sitting in the shade today because someone planted a tree a long time ago.""Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.""Risk comes from not knowing what you’re doing." Michael SteinhardtQuote:"In the 1950s and 1960s, the heroes were the long-term investors; today the heroes are the wise guys." Peter LynchQuote:"Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it." John TempletonQuote:"The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell." John (Jack) Bogle:Quote:"If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks." Julian RobertsonQuote:"[O]ur mandate is to find the 200 best compan Read more:Famous
, Famous Quotes
, Gurus
Stock Market - sirf bandar hee bandar 2007-06-25 04:22:00 Stock Market
Once upon a time in a village a man appeared who announced to the villagers that he would buy monkeys at 10 rupees each. The villagers seeing that there were many monkeys available went out to the forest and started catching them.
The man bought thousands at 10 rupees and as supply started to diminish and villagers started to stop their effort he announced that now he would buy each monkey at 20 rupees.
This renewed the efforts of the villagers and they started catching moneys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to 25 and the supply of monkeys became so that it was an effort to even see a monkey let alone catch it.
The man now announced that he would buy monkeys at 50! However, since he had to go to the city on some business his assistant would now buy on behalf of the man.
In the absence of the man, the assistant told the villagers "Look at all these monkeys in the big cage that the Read more:Stock
, Stock Market
Spice Communications: Nothing spicy about it 2007-06-24 23:53:00 Spice Communications
Public Issue Open : June 25, 2007 to June 27, 2007
Public Issue Price: Rs. 41/- to Rs. 46/- Per Equity Share
Spice has been in operation for over 10 years now (inception 1997) and is yet to turn PAT (profit after tax)-positive. The balance-sheet shows accumulated losses of over Rs 684 crore as of December 2006. Other regional players such as Aircel and Idea fare better on the above parameters. Aircel, Bharti Airtel, and Idea, which also commenced mobile services in 1997-98, turned profitable within six-seven years and acquired a national footprint.
Second, trends in Spice's subscriber additions over the last year do not compare favourably to competition. It has only managed to add about 82,000 subscribers a month in Punjab and Karnataka, while Airtel has managed to add nearly 2.5 lakh subscribers per month. BSNL and Hutch have added more than a lakh subscribers a month over the past year in these two circles. Spice ranks fifth among the six mobile service Read more:Nothing
, Spice
Reliance Money 2007-06-22 11:50:00 The RelianceMoney
trading websites comes with special security features 'Security Token', which makes you online trading experience more secure without complexity. Stock Trading is available in BSE and NSE. Offline trading is also available through Reliance Money partners in your city and through phone by dialing 022-39886000.
Type of Account
Reliance money is offering 3 types of accounts to its customers.
Account for beginners, Middlers and Experts.
Brokerage and fees :
Reliance Money is offering lowest brokerage rates in today's online stock trading industry. The brokerages are as low as 0.075% for delivery based trading and 0.02 for now delivery.
Advantages of Reliance Money
Extra security features with 'Security Token'', which is the most secure and tested technology in computer world. Simple, easy and fast online stock trading. Almost all investment options are available under one account including Equity Trading, Derivatives, Forex, Commodity, IPO, Mutual Funds an
Sharekhan 2007-06-22 11:37:00 Sharekhan -
Sharekhan's equity related services include trade execution on BSE, NSE, Derivatives, commodities, depository services, online trading and investment advice. Trading is available in BSE and NSE. Along with Sharekhan.com website, ShareKhan has around 250 offices around the country.
Type of Account
Classic Account Trading Terminal
ShareKhan Classic accountAllow investor to buy and sell stocks online along with the following features like Multiple watch lists, Integrated Banking, demat and digital contracts, Real-time portfolio tracking with price alerts and Instant credit & transfer.Online trading account for investing in Equities and DerivativesFree trading through Phone (Dial-n-Trade) Two dedicated numbers for placing your orders with your cellphone or landline.Automtic funds tranfer with phone banking (for Citibank and HDFC bank customers) Simple and Secure Interactive Voice Response based system for authentication get the trusted, professional advice of our tele
ICICI Direct 2007-06-22 11:28:00 ICICIDirect
is stock trading company of ICICI Bank. Along with stock trading and trading in derivatives in BSE and NSE, it also provides facility to invest in IPOs, Mutual Funds, Insurance and Bonds etc. Trading is available in both exchanges BSE and NSE.
Type of Account
Share Trading Account
Share Trading Account by ICICIDirect is primarily for buying and selling of stocks in BSE and NSE. This account allows Cash Trading, Margin Trading, MarginPLUS Trading, Spot Trading, Buy Today Sell Tomorrow (BTST) and Call and Trade on phone.
Online Mutual funds investment allows investor to invest on-line in all Mutual Fund companies. ICICI Direct offers various options while investing in Mutual Funds like Purchase Mutual Fund, Redemption and switch between different schemes, Systematic Investment plans, Systematic withdrawal plan and transferring existing Mutual Funds in to electronic mode. This account also provides facility to invest in Government of India Bonds and ICICI Bank Tax Read more:ICICI
Investment - How to start investment in shares, mutual fund 2007-06-22 10:41:00 Here in this article, I will discuss basics of Stocks (Shares, equity) and Online Share Trading -
Following Investment options are available for common invester in india -
Equity (Stock) Trading Derivatives TradingForex Trading Commodity Trading IPO's Mutual Funds Insurance
Stock Market Trading in India - Some basics -
Stock Exchange
Stocks (Shares, equity) are traded in stock exchange. India has two big stock exchanges (Bombay Stock Exchange - BSE and National Stock Exchange - NSE) and few small exchanges like Delhi Stock Exchange etc. Investor can trade stocks in any of the stock exchange in India.
Stock Broker
Investor requires a Stock Broker to buy and sell shares
in stock exchanges (BSE, NSE etc.). Stock Broker are registered member of stock exchange. A stock broker can register to one or more stock exchanges. Only stock brokers can directly buy and sell shares in Stock Market. An investor must contact a stock broker to trade stocks. Broker charge commissions (brokerages)
Omaxe IPO: Invest at cut-off 2007-07-17 11:04:00 Public Issue Start Date: 17 July, 2007 Public Issue End Date: 20 July, 2007 Issue Size: 1,77,96,520 shares Face Value: Rs.10 Price Band: Rs.265 – Rs.310 Market Lot: 20 shares Minimum Quantity: 20 shares Website : http://www.omaxe.com/
Recommandations:
First Global - Omaxe likely to prove rewarding for investors SSKI India - Good valuation Edelweiss Securities says, "We have valued the company on NPV basis. NAV estimate is INR 400–405. This represents a 51%-31% upside over the IPO price of INR 265-310 respectively. We have discounted the cash flows at a WACC of 15% over a period of four years." Moneycontrol Rating 4 star The Hindu Businessline - Invest at Cutoff Econamic Times - 3 star rating
Tax Implications of Capital Gains 2007-08-08 01:25:00 What is Capital Gain:
The difference between the sale consideration (selling price) and the cost of acquisition (purchase price) of the asset is called capital gain. If the investor sells his units and earns capital gains, he is liable to pay capital gains tax.
Capital gains are of two types:
Short Term Capital GainLong Term Capital Gain
Short Term Capital Gains
:
The holding period of the Stocks or Mutual Fund units for less than or equal to 12 months from the date of allotment of units then short term capital gains is applicable. On Short Term capital gains no Indexation benefit is applicable.
Tax and TDS Rate (excluding surcharge)
Resident Indians:The Gain will be added to the total income of the Investor and taxed at the marginal rate of tax. No TDS.
NRIs: 30 per cent TDS from the gain.
Long Term Capital Gains: The holding period of the Stocks and Mutual Fund units is more than 12 months from the date of allotment of units. On Long Term capital gains Indexation benefit Read more:Implications
Know your PAN Number - Online 2007-08-08 22:31:00 If you can't remember your PAN number then...
SMART WAY: If you're outside somewhere and if you want to know your PAN number then now it's just a click away.
You can check it online using following URL:
http://incometaxindiaefiling.gov.in/knowpan/knowpan.jsp Read more:Number
ICICI Bank - good pick at right price 2007-08-12 12:19:00 Sector : Banking CMP : Rs. 86552 Weeks High : Rs. 1010 52 Weeks Low : Rs. 460 3 Months Target Price : Rs. 10006 Months Target Price : Rs. 1250 Risk : Moderate
About the Company
ICICI
Bank is the largest private sector bank and the second largest bank in the country in terms of assets. It is a pan-Indian player. The company has boosted its overseas operations in the last three years and has now presence in 17 countries either through subsidiaries or extension counters. Total branches excluding the network of recently merged Sangli Bank, stood at 710 branches, 45 extension counters and 3,271 ATMs. Of this, 63% of the branches are in metropolitan and the remaining in semi-urban/rural areas.
Between the Line
As I have posted in the my blog don't go for FPO (Link - http://rtyagis.blogspot.com/2007/06/icici-bank-hum-hain-na.html). Now start buying this banking stock from price
850 or less. It will give you around 40+% return in the coming year.
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