Stocks To Keep A Close Eye On

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Goofy

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Why is this thread suddenly slowing in pace..

Were i Mod, and i would have renamed this thread in the name of
" Goofy...."and would have dedicated to it..


Good morning friends and a very warm Good morning to my special friend Goofy......
Mr. SaiVenkat:

I am honoured what you said in your first lines.

And I am deeply humbled by what you said in the sbsequent lines.

Thank you.

P.S. Whenever you're online on Saturday or Sunday, remind me to tell you a story.
 
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alroyraj

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Im more worried about Vijaya Bank now :( I'm assuming banks will tumble tomorrow following this news.
Vijaya Bank,IDBI Bank, UCO bank and Chambal are showing a lot of strength, do not worry. It will pick up and rally within no time. If you are in equity do not worry. This stocks recover fast.

Edit: No idea about the LIC implications,missed the entire thing,so cannot say.
 
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HI SM,

Too much to expect MMS to clean up anything, he is definitely not our MAN. He is the trusted lieutenant holding the fort till the prince's coronation. Very few people will question his personal integrity but what use is personal integrity when he does not have the courage required. Integrity is also about conviction and in that, he is sorely lacking.

Do you expect him to do something now when he has not acted for the past so many years?

Nitish could be our man if he comes to New Delhi, even Modi.

BUT in a way its good ... let the scams come out ... its mostly corruption .... and its showing its ugly face (wherein earlier it was hidden) ...

Let someone get fedup and do something about it .. for one .. MMS our No1 man .. he could be the man .. i.e. if he's as clean as the image he has shown ... and I feel he is .. his inactivity or inability could be bcoz of the backstage pressure ...

Lets hope for the best ....

Cheers ......
 

alroyraj

Well-Known Member
Believe that LIC Hsg Finance provides a opportunity to get in at these rates but will we get these rates tomorrow? The risk is not systemic but only for a few large transactions where exposure is unknown. Overall exposure of LIC Hsg Fin to realty is < 12% and LIC should clean up their house in a few days.
Just take a look at the LIC EOD chart,it has the habit or running up and then hemorrhaging (bleeding) without any warning. Better to stay away from this stock. Even SG recommended a price by March only until then no one can say anything about its movements till then . The so-called banking license bubble like valuations had to burst sooner or later.
 

SavantGarde

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Hi SK,

Perhaps too early to deploy even tomorrow... let the dust settle a bit... while it is quite possible to see some upside within 2-3 trading sessions.... but today was the first day of slide in LICHSGFIN......therefore it would be prudent to hold off for a day or two....

Infact... what would be beneficial is to look for scrips which have gone down because of weight of general down slide... for no apparent reason of any bad news of their own


SavantGarde

Believe that LIC Hsg Finance provides a opportunity to get in at these rates but will we get these rates tomorrow? The risk is not systemic but only for a few large transactions where exposure is unknown. Overall exposure of LIC Hsg Fin to realty is < 12% and LIC should clean up their house in a few days.
 

anayash

Well-Known Member
Following people have been arrested so far by the CBI regarding the scam:

CEO of LIC Housing Finance Ramachandran Nair

Naresh K Chopra, Secretary (Investment), LIC

R N Tayal, General Manager of Bank of India (Delhi)

Maninder Singh Johar, Director (Chartered Accountant) of Central Bank of India

Venkoba Gujjal

Dy General Manager of Punjab National Bank (Delhi)

Rajesh Sharma, CMD of Mumbai-based firm Money Matters Ltd and two of its employees -- Suresh Gattani and Sanjay Sharma.
 
Slightly a stretch to imply that LIC Hsg Fin has banking license bubble like valuations. It is trading around 13 TTM P/E, similar to NBFCs but with a slight understandable premium. Compare that to HDFC Bank/ICICI that trade at 30 TTM P/E or even Axis at 20 TTM P/E.

Just take a look at the LIC EOD chart,it has the habit or running up and then hemorrhaging (bleeding) without any warning. Better to stay away from this stock. Even SG recommended a price by March only until then no one can say anything about its movements till then . The so-called banking license bubble like valuations had to burst sooner or later.
 
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