Stocks To Keep A Close Eye On

[smarttrader42]

Dear friends,

kotak bank is trading with positive bias. One shld buy kotak
for 10 upmove with very small stop loss. It can do 710.

Trade well.

 

[ramsvenku]

Thank you very much for sharing detailed info, i got the clear picture on rights issue...
i look forward more info on the same from you....

Before i close my mail one last thing wanted to share with,am having a 20 nos of ranbaxy shares, i got a buy back offer notice from ranbaxy but i am not interested to give my shares as a buy back scheme, wanted to sell in open market..
Can you please guide me, is my right or wrong?? if wrong, few lines of your comments and if yes , just throw some light on that.

once again thanks and regards,
Rams

Hi Rams,

Have Not Looked Into Detail Of Their Offering Of The Rights Issue.

But Normally What Happens Is The Offering Is Made To Existing Shareholders In A Ratio With Deep Discount To The Current Market Price, Therefore One Has To Pay The Discounted Price Depending On Your Holding.
If You Are Already Holding Then You Will Receive The Form Detailing Your Existing Holding & How Many Rights Shares Are Being Offered, Moreover You Will Have Another Page Connected To It Where You Can Also Apply For More Than You Are Being Offered.

Some Of The Rights Issue Get Converted To Normal Traded Shares From A Few Months To A Few Years Depending On The Discount Being Offered For The Same.

Many A Times Both Discounted Shares Also Get Listed & Can Be Bought & Sold Like Normal Shares.

Sometimes, People Already Holding Normal Shares Do Not Have Finances To Apply For The Rights Issue, In That Case There Are Other Investors Interested In Getting Your Rights Issue Which They Finance & You End Up Getting Some Profit For Your Troubles.

Will Look Into Their Offering & let You Know More In A Few Days.

Happy & Safe Investing

SavantGarde

 

[anilrgowda]

thx will try it

 

[riser3]

some one please guide me on tata steel rights issue in which I was allotted 9 shares

When will I get shares

 

[GauravC]

hello , anyone tracking punjlloyd ? .. what is a good level to get in for a short momentum trade ?

 

[SavantGarde]

Hi Rams,

RANBAXY Buyback @ 737 Should Have Been A No Brainer, I Hope You Have Offered All Your 20 Shares

Happy & Safe Investing

SavantGarde

Thank you very much for sharing detailed info, i got the clear picture on rights issue...
i look forward more info on the same from you....

Before i close my mail one last thing wanted to share with,am having a 20 nos of ranbaxy shares, i got a buy back offer notice from ranbaxy but i am not interested to give my shares as a buy back scheme, wanted to sell in open market..
Can you please guide me, is my right or wrong?? if wrong, few lines of your comments and if yes , just throw some light on that.

once again thanks and regards,
Rams

 

[SavantGarde]

Hi Brijwanth,

TATASTEEL Rights Issue Offer Was Of Two Parts, One That Was Offered @300 Which Has Already Been Converted To Normal Shares & The Second Part Which Was Offered @100 Is Also Listed Separately.
In My Opinion You Should Have Both Part If Applied For Long Time Back, Incase You Don't, You Should Get Back To The Registrars With Details As Soon As Possible.

Happy & Safe Investing

SavantGarde

some one please guide me on tata steel rights issue in which I was allotted 9 shares

When will I get shares

 

[columbus]

hello , anyone tracking punjlloyd ? .. what is a good level to get in for a short momentum trade ?

Gaurav,

Punjlloyd appears to be good.with stoploss at 250,you can enter even at the current market price of 297.Perhaps the good news in this counter is GREAT volumes of 3 million+.

 

[AmritaBasu]

Sir,

Still holding balrampur chini bought at 96. Wise decision? or shld i have quit? Please guide.

 

[columbus]

Sir,

Still holding balrampur chini bought at 96. Wise decision? or shld i have quit? Please guide.

Book profits at the level 100+.