Stocks To Keep A Close Eye On

[Goofy]

Goofy Man,

How to solve this problem... My Berretta is with you....remember you borrowed it to create the hole in your German helmet.... if you have finished with it... you might as well do the needful....

SavantGarde

Nah! Your Berretta is meant for only friends. The guy needs something more familiar. Ummmm...Ah, got it! Borrow AK-47 from a certain 'Munnabhai' who lives in your friendly neighbourhood. Rather, take him with you on your mission. He knows his way around Arthur Road Jail!

 

[talisman]

Goofy Man,

How to solve this problem... My Berretta is with you....remember you borrowed it to create the hole in your German helmet.... if you have finished with it... you might as well do the needful....

SavantGarde

Well...according to TOI, the cost comes to 8.5L per day and total cost incurred by Maha. Govt till the date is mere 31 Crore. The cost incurred involves-

-Procuring weapons for emergency use,
-Creation of two special cells inside JJ hospital (where he has been treated by no less than 20-30 doctors in last year for different ailments in a special cell made at the cost of 1 crore) & Arthur road jail
-Arrangement of vehicles and equipment
- Deployment of central forces of protect our "esteemed guest"
- and last but not the least fees paid to lawyers and P.prosecutors for appearing on behalf of Kasab...add all these and you have a cool figure of 8.5L per day...

Ambrose Bierce had whispered "Democracy is defended in 3 stages. Ballot Box, Jury Box, Cartridge Box."..I wonder which stage we are staring at?

 

[Goofy]

Mr. SG
What about IFCI? It's going down quite sharply. Banking License in the ketchup? You reckon it is acquiring the same appeal as NHPC now? Worth buying?

 

[gauharjk]

Mr. SG
What about IFCI? It's going down quite sharply. Banking License in the ketchup? You reckon it is acquiring the same appeal as NHPC now? Worth buying?

IFCI was up 7% today. But in a larger time frame, it came down from 80 to 60 levels...

 

[alroyraj]

Mr. SG
What about IFCI? It's going down quite sharply. Banking License in the ketchup? You reckon it is acquiring the same appeal as NHPC now? Worth buying?

I think the govt has its hands full at the moment. In any case even if any announcement came to that effect it would raise all manner of unfounded suspicions. I think some cleanup in banking sector may be effected relating to the LIC fiasco so in any case other issues would be pushed to the background.
Maybe bottom fishing can be done assuming it has bottomed out. Sg said a time frame of 6 months. Graph is some what similar to Ib realestate.

 

[Goofy]

IFCI was up 7% today. But in a larger time frame, it came down from 80 to 60 levels...

Please, please tell NSE to take Goofy's entry price as reference - not the bloody day's opening price!

 

[Goofy]

I think the govt has its hands full at the moment. In any case even if any announcement came to that effect it would raise all manner of unfounded suspicions. I think some cleanup in banking sector may be effected relating to the LIC fiasco so in any case other issues would be pushed to the background.
Maybe bottom fishing can be done assuming it has bottomed out. Sg said a time frame of 6 months. Graph is some what similar to Ib realestate.

Thanks, Mr. Alroyraj for this informative piece. And it sounds quite logical, too. What are your thoughts on its mid-term prospects?

 

[Lalit.Sikaria]

Sir G,

going buy the posts here, I understand that we can go long on SBI. Crrect me if I am wrong? shall we take a long position tomorrow

 

[a2744010]

Mr. SG
What about IFCI? It's going down quite sharply. Banking License in the ketchup? You reckon it is acquiring the same appeal as NHPC now? Worth buying?

Sorry to intrupt in between discussion. People have been betting wrongly on "banking license" shares and some operators are running such rumours and making money by trapping investors and traders.

Let me take you to 1999. IDBI was a listed company on nse/bse. It got banking license. It came up with IPO of 18 rs per share which listed on discount. In 2004 when ICICI was a listed company and got banking license it came with IPO at 290-295 and again listed on discount. In 2005 when HDFC, a listed nse/bse company got banking license, it float in an ipo of 220 which listed on premium.

All compnies that get bank licenses have to make a sperate entity business and issue fresh shares and not allocate shares from already listed company. those who have LIC HF, IDFC, et al will know this fact and curse thier luck. Don't just blindly buy stock as it is sold as "to be bank"!

 

[Goofy]

Sorry to intrupt in between discussion. People have been betting wrongly on "banking license" shares and some operators are running such rumours and making money by trapping investors and traders.

Let me take you to 1999. IDBI was a listed company on nse/bse. It got banking license. It came up with IPO of 18 rs per share which listed on discount. In 2004 when ICICI was a listed company and got banking license it came with IPO at 290-295 and again listed on discount. In 2005 when HDFC, a listed nse/bse company got banking license, it float in an ipo of 220 which listed on premium.

All compnies that get bank licenses have to make a sperate entity business and issue fresh shares and not allocate shares from already listed company. those who have LIC HF, IDFC, et al will know this fact and curse thier luck. Don't just blindly buy stock as it is sold as "to be bank"!

I hear you, Sir. Thanks for bringing out the facts. I shall remain aware of the last lines of your post.

Thanks