E-Investing India - Online Community for Investors and Traders  

Go Back   E-Investing India - Online Community for Investors and Traders > Stock Markets > Individual Stocks
Read All Rules Contact Site Administrator

Individual Stocks Discussion Forum for Individual Stocks. If you have query/suggestion on more than one stock, which are UNRELATED TO EACH OTHER, USE SEPARATE THREADS.

Reply
 
Thread Tools Display Modes
  #161  
Old 13th April 2012, 10:18 AM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default



Quote:
Originally Posted by magnet View Post
But seeing their spending on Antilia and Mumbai Indians one has to be a novice to believe that cash is fictitious.
RIL spending on Mumbai Indians is peanuts compared to the size of RIL.

A company and its promoter are two different entities.

As far as I know, Antilia is owned by Mukesh Ambani and not RIL.

Vijay Mallya owns RCB and many profitable companies and still Kingfisher Airlines is struggling to survive.

My statement was just a simple note and others shouldn't jump to premature conclusions about what I meant from it.

RIL is not the only company that has a lot of cash with it.

e.g. Infosys had 13000 crore of fixed deposits at the end of FY 2011.

My brother also has some RIL shares.

I just feel that investors should be alert about a company that sits on too much cash for too long, especially if it is an "Ambani" company.
Reply With Quote
  #162  
Old 13th April 2012, 10:56 AM
Senior Member
 
Join Date: Jul 2010
Posts: 1,867
Rep Power: 4706
magnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond repute
Default

Quote:
Originally Posted by Alchemist View Post

As far as I know, Antilia is owned by Mukesh Ambani and not RIL.
Sorry might be out of topic.

But as far as Mukesh is concerned I guess he gets much less than 100 crore as salary a year.

And Antilia is made of something 3000 crore. With that salary one can't make such a big tower. No doubt some subsidiary out of RIL have been used and profit depreciated with fake accounting to forward the proceeds to it.

Anyways that's a different topic.

One doubt. Sitting on such huge cash means paying income tax as well as wealth tax on same. How can they afford such a big loss? Why can't Infy pass the same to liquid funds won't that be much logical than fixed deposits?
Reply With Quote
  #163  
Old 13th April 2012, 11:42 AM
Member
 
Join Date: Sep 2011
Location: Pune
Posts: 64
Rep Power: 42
ethicaltrader is a splendid one to beholdethicaltrader is a splendid one to beholdethicaltrader is a splendid one to beholdethicaltrader is a splendid one to beholdethicaltrader is a splendid one to beholdethicaltrader is a splendid one to beholdethicaltrader is a splendid one to behold
Default

Antilia costed US$50 Million to make. Which is roughly 250 Crores. Mukesh Ambani's salary is 100 Crore and we have not counted his Dividend income which could be n times of this.

3000 Cr is the Market Price for Antilia and not the Cost.

My apologies for continuing with unrelated discussion though.
Reply With Quote
  #164  
Old 13th April 2012, 01:43 PM
Senior Member
 
Join Date: Dec 2007
Location: Kolkata
Posts: 1,221
Rep Power: 4162
Prudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond repute
Default

Quote:
Originally Posted by magnet View Post
Sorry might be out of topic.

But as far as Mukesh is concerned I guess he gets much less than 100 crore as salary a year.

And Antilia is made of something 3000 crore. With that salary one can't make such a big tower. No doubt some subsidary out of RIL have been used and profit depriciated with fake accounting to forward the proceed to it.
Just putting things in context.

Mukhesh Ambani earned Rs 1,241 Crores as Tax - Free dividend income, as RIL gives a Dividend Distribution Tax and the money received by shareholders is tax free.

Quote:
Wipro, the Bangalore-based company that sells technology services to tubelights, paid Premji Rs 1,345 crore, 68% more than a year earlier. Ambani, who slipped to the second slot, received Rs 1,241-crore dividends up 14%.
Link


Quote:
Originally Posted by ethicaltrader View Post
Antilia costed US$50 Million to make. Which is roughly 250 Crores. Mukesh Ambani's salary is 100 Crore and we have not counted his Dividend income which could be n times of this.

3000 Cr is the Market Price for Antilia and not the Cost.

My apologies for continuing with unrelated discussion though.
Wikipedia notes quoting multiple sources

Quote:
Indian media frequently reported that Antilia is the world's most expensive home costing between 1 and 2 billion US$.

Thomas Johnson, director of marketing at architecture firm Will and Hirsch Bedner Associates that was consulted with by Reliance during building floor plan design, was cited by Forbes Magazine as estimating the cost of the residence at nearly $2 billion.

In June 2008, a Reliance spokesman told the New York Times that it will cost $50–$70 million to build.

In March 2012, quoting the India head of Jones Lang LaSalle, Bloomberg reported the cost of the home as at least $500 million.[
Reply With Quote
  #165  
Old 13th April 2012, 07:54 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by magnet View Post
No doubt some subsidary out of RIL has been used and profit depriciated with fake accounting to forward the proceeds to it.
Even if the house is owned by a company, I don't think it would be a subsidiary of RIL.

It must have been some other company from the RIL group.

The group has 100s of private companies, which deal with each other. RIL itself is owned by 65 different entities from the promoter group.

FY 2012 Q3 shareholding pattern.

Once money goes from RIL to other group companies, no one can track it as most of these companies are privately owned.

Quote:
I see that the company has listed 142 "related parties"! It will take expert scanning and working to fathom how much money is invested in any associate, what stake the company has, etc. Again, different year-end dates for many subsidiaries/associates add to the confusion. There are three pages in small print which give "financial information" of 120 subsidiaries!
Corporate Accounts: Accounting substandard - Moneylife Personal Finance site and magazine

Quote:
One doubt. Sitting on such huge cash means paying income tax as well as wealth tax on same. How can they afford such a big loss? Why can't Infy pass the same to liquid funds won't that be much logical than fixed deposits?
Wealth tax is not applicable to fixed deposits made by companies.

Quote:
Most investments are fortunately not regarded as assets for the purpose of wealth tax. Therefore, fixed deposits with banks or companies, shares, units of mutual funds, bonds and debentures, and other savings instruments would be outside the wealth tax net.
Have you filed wealth tax returns? - Columns - livemint.com

I don't know why Infosys prefers fixed deposits.

Maybe they expect a higher post-tax return from fixed deposits.
Reply With Quote
  #166  
Old 15th May 2012, 10:32 PM
Senior Member
 
Join Date: Jul 2010
Posts: 1,867
Rep Power: 4706
magnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond repute
Default

Moody's cuts RIL credit rating to negative
Reply With Quote
  #167  
Old 31st January 2013, 09:14 AM
Senior Member
 
Join Date: Jul 2010
Posts: 1,867
Rep Power: 4706
magnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond repute
Default

Why cash-rich RIL continues to load up on dollar debt | Firstpost
Reply With Quote
  #168  
Old 31st January 2013, 09:52 AM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Yes, I do find it a bit strange.

On one hand Reliance Industries claims it is lot of cash, on the other hand, it keeps borrowing money.
Reply With Quote
  #169  
Old 31st January 2013, 10:02 AM
Senior Member
 
Join Date: Jul 2010
Posts: 1,867
Rep Power: 4706
magnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond repute
Default

Quote:
Originally Posted by Alchemist View Post
Yes, I do find it a bit strange.

On one hand Reliance Industries claims it is lot of cash, on the other hand, it keeps borrowing money.
To be frank I don't find this thing good personally.

Personally on comparing suppose I know an individual whose worth is at least 4-5 crores and I know he has properties he owns and driving in a good car worth rupees 10 lakh+.

He comes to my door and say for some period I need 10 lakh from you on interest for investment. Either he has his cash committed somewhere else. Or its just the elephant's teeth proverb (all cash is fiction as shown on papers).
Reply With Quote
  #170  
Old 1st February 2013, 12:42 AM
Senior Member
 
Join Date: Dec 2007
Location: Kolkata
Posts: 1,221
Rep Power: 4162
Prudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond repute
Default

Quote:
Originally Posted by Alchemist View Post
Yes, I do find it a bit strange.

On one hand Reliance Industries claims it is lot of cash, on the other hand, it keeps borrowing money.
The company has access to cheaper loans while it's huge cash continues to earn much higher interest.

A simple case of company leveraging its market dominance and enjoying interest arbitrage.

Check out the other income component in earnings for last so many quarters.
Reply With Quote
  #171  
Old 1st February 2013, 02:56 AM
Senior Member
 
Join Date: Dec 2007
Location: Kolkata
Posts: 1,221
Rep Power: 4162
Prudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond reputePrudent_Investor has a reputation beyond repute
Default

RIL will hold on to its cash, borrow more - The Times of India
Reply With Quote
  #172  
Old 19th February 2013, 10:47 AM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

RIL may get the permission to provide voice services.

Quote:
India will allow wireless broadband airwave holders to provide voice services if they pay an additional $306 million, a senior government official said on Monday, a move likely to boost billionaire Mukesh Ambani's Reliance Industries Ltd.
Reliance, other 4G airwave holders can offer voice services after paying Rs. 1658 crores | NDTV Gadgets
Reply With Quote
  #173  
Old 20th February 2013, 06:57 PM
Senior Member
 
Join Date: Jul 2010
Posts: 1,867
Rep Power: 4706
magnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond reputemagnet has a reputation beyond repute
Default

Quote:
Originally Posted by Alchemist View Post
I smell lobbying.

VOIP was available long time ago but it was banned when biggies lobbied for it.

And now of course RIL would had lobbied for same.

Easily without RCOM or any other players debt mess taking on his head, RIL can start fresh on its own. Also they have PAN India license.
Reply With Quote
  #174  
Old 20th February 2013, 07:40 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by magnet View Post
And now of course RIL would had lobbied for same.
Definitely.

Reliance knows the Indian system well.

If RIL does jump into voice services, it will wipe-out all competitors or at least do significant damage to their finances.

Obviously, other telecom companies are not happy.

Quote:
The report goes on to quote a Vodafone official as saying that the telecom department’s order was illegal because had telcos known that the BWA auction could be used for voice too, they too would have bid for it.
Is Mukesh Ambani making a telecom comeback with Reliance Jio? | Firstpost
Reply With Quote
  #175  
Old 20th February 2013, 10:23 PM
Regular Member
 
Join Date: Dec 2007
Posts: 584
Rep Power: 2084
vinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond reputevinvest has a reputation beyond repute
Default

Quote:
Originally Posted by Alchemist View Post
RIL may get the permission to provide voice services.
Since one of the design goals of LTE was architecting mobile networks to be IP based, wasn't this an obvious thing?
Reply With Quote
  #176  
Old 1st May 2013, 08:03 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

RIL seems to be all set to storm the telecom sector.

Since RIL signed the fiber-sharing deal with Reliance Communications a month back, it has signed at least 3 other telecom deals.

RIL has signed an intra-circle pact with Reliance Communications.

RIL has finalized a deal with Bharti for using its undersea cables.

RIL will also be building an undersea cable with Vodafone and others, linking South-East Asia with Middle-East.

Quote:
Reliance is trying to come up in a very big way and is pretty serious about the telecom business," said Ankita Somani, telecoms analyst with Angel Broking.
Reliance Industries inks deal with Bharti as it readies 4G | Reuters

Reliance Jio to sign intra circle fibre pact with Reliance Communications - Economic Times

Vodafone, Reliance Industries in consortium to build undersea cable - NDTVProfit.com
Reply With Quote
  #177  
Old 20th December 2013, 09:19 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

How do you see the recent move of Oil ministry towards RIL?

RIL can sell the gas at almost double the price of current price from April-2014 onwards but have to submit the bank guarantee to cover its liability if gas-hoarding charges are proved.
Reply With Quote
  #178  
Old 1st September 2014, 09:34 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

I read there would be increased revenue growth for Reliance Industries over the next 2 to 3 years time frame.

What does the investors think here?

What would be the expected EPS, say after 3 years, so that we may arrive at the expected share price by multiplying with PE of say 12 to 13.

Feedback will be appreciated.

Thanks!!
Reply With Quote
  #179  
Old 12th December 2014, 08:20 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

It has never moved almost for around 5 years. Investors haven't made any money in fact lost it .

What is your view on this (donkey) stock ?

Is it worth holding or averaging at lower levels? Or should I sell this and look for the better alternative options?
Reply With Quote
  #180  
Old 16th December 2014, 05:51 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by paran View Post
Is it worth holding or averaging at lower levels? Or should I sell this and look for the better alternative options?
Wait and see how Jio rollout happens.

Telecom is the only space where I feel RIL has good growth potential. If RIL struggles in telecom too, exit.

There isn't much space to grow in other sectors where RIL is present (see my 2010 post #140).
Reply With Quote
  #181  
Old 20th September 2016, 08:56 AM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Reliance on verge of a major breakout.

Reply With Quote
  #182  
Old 20th September 2016, 08:28 PM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Which side? Up or down?
Reply With Quote
  #183  
Old 21st September 2016, 03:51 PM
Junior Member
 
Join Date: Sep 2016
Posts: 10
Rep Power: 2
saveinvest is on a distinguished road
Default

Hi, I am holding this stock for more than 10 years. It's true that it has not provided much return other than yearly dividends. RIL profits has been invested in Retail and Jio...Shall I continue holding RIL.Frankly since this was the first stock which I purchased I am very reluctant to sell it ! Please advice'. I don't mind continuing to hold it.
Reply With Quote
  #184  
Old 21st September 2016, 05:22 PM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

Quote:
Originally Posted by saveinvest View Post
Hi, I am holding this stock for more than 10 years. It's true that it has not provided much return other than yearly dividends. RIL profits has been invested in Retail and Jio...Shall I continue holding RIL.Frankly since this was the first stock which I purchased I am very reluctant to sell it ! Please advice'. I don't mind continuing to hold it.
My family has been holding this stock for a few decades now. .

The problem with RIL is that it is already a very big company and with such a big base, it is very difficult to give meaningful long term returns.

Most of RIL's revenues comes from commodities. I am not sure about the supply and demand situation for RIL's products, but world-over most commodities are facing a supply glut and this is unlikely to change in next few years.

The telecom venture has had a good start but whether that will translate into good long term returns in doubtful. The average amount that a user spends on telecom data is very low in India - less than Rs 200 per month.

Users want more data but are not willing to spend more.

Jio's free data schemes have attracted lot of users but it remains to be seen how many of them will actually continue using Jio in 2017.

RIL's retail venture hasn't really met the expectations that shareholders' had from it.

RIL's stock is not at all expensive at this point of time and may have some upside in the medium term, but I don't see any factor that can significantly increase the bottom line of the company in the next 5 years.

In my opinion, RIL will be at best a market performer in next few years.
Reply With Quote
  #185  
Old 21st September 2016, 06:43 PM
Junior Member
 
Join Date: Sep 2016
Posts: 10
Rep Power: 2
saveinvest is on a distinguished road
Default

Thanks Alchemist, your reply is encouraging me to hold on to RIL . I received RIL shares, after my 1994 purchased reliance petroleum Ltd was merged with RIL ..
Reply With Quote
  #186  
Old 22nd September 2016, 06:30 AM
Regular Member
 
Join Date: Apr 2008
Posts: 963
Rep Power: 1284
paran has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond reputeparan has a reputation beyond repute
Default

Quote:
Originally Posted by saveinvest View Post
Thanks Alchemist, your reply is encouraging me to hold on to RIL .
He hasn't said much positive about RIL. Which part of the post made you to be encouraged .
Reply With Quote
  #187  
Old 23rd September 2016, 09:27 AM
Member
 
Join Date: Sep 2007
Posts: 69
Rep Power: 12
stk_chk is on a distinguished road
Default

Quote:
Originally Posted by Alchemist View Post

In my opinion, RIL will be at best a market performer in next few years.
Quote:
Originally Posted by paran View Post
He hasn't said much positive about RIL. Which part of the post made you to be encouraged .
Considering how RIL has performed in the last 4-5 years, that is a big thumbs-up from Alchemist actually
Reply With Quote
  #188  
Old 5th April 2017, 03:07 PM
Member
 
Join Date: Sep 2007
Posts: 69
Rep Power: 12
stk_chk is on a distinguished road
Default

Anyone purchased RIL recently before the big upmove that has been happening since the Jio plans have been announced?

Seems like the pent-up rally is never-ending
Reply With Quote
  #189  
Old 5th April 2017, 04:21 PM
Senior Member
 
Join Date: Jan 2008
Posts: 1,004
Rep Power: 2341
Atiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond reputeAtiker has a reputation beyond repute
Default

Quote:
Originally Posted by stk_chk View Post
Anyone purchased RIL recently before the big upmove that has been happening since the Jio plans have been announced?

Seems like the pent-up rally is never-ending
Yup I got it at 1050, but at buy price it was not even 1% of my direct equity portfolio. So the upmove in REL has made me sad instead of happy .
Reply With Quote
  #190  
Old 6th April 2017, 12:05 AM
Regular Member
 
Join Date: Jan 2008
Posts: 513
Rep Power: 805
entee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond reputeentee has a reputation beyond repute
Default

Ditto. My portfolio shows Reliance is growing, but the valuation of my portfolio hardly increases since I have allocated less than 5 percent to the stock.
Reply With Quote
  #191  
Old 19th October 2017, 09:36 AM
Administrator
 
Join Date: Sep 2006
Posts: 11,063
Rep Power: 7498
Alchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond reputeAlchemist has a reputation beyond repute
Default

  • Reliance Industries' stock made a new high yesterday. Some analysts say that the stock is headed for Rs 1000 and that looks like a possibility.
  • RJio has increased tariffs from today and that was expected.
Reliance Jio tariff hiked: 84-day 4G plan now costs Rs459 - Livemint
  • Jio reported a loss of Rs 271 crore in last quarter, but how the figure was arrived at is not clear.
Interesting article here:

What's behind Reliance Jio's surprise Arpu, revenue and profit? - Livemint
  • What is now clear is that only 4 wireless telecom companies will survive in India:
1. Reliance Jio
2. Bharti/Tata
3. BSNL/MTNL
4. Idea/Vodafone

All others like RCom, Aircel, Telenor etc will either get merged or just shut down.

Telecom stocks have also started moving up again because the market feels that with reduced competition and pressure on RJio to report better numbers, tariffs will start rising again.
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Reliance Industries Is India's Highest Valued Firm Alchemist Individual Stocks 6 15th March 2007 11:47 AM


All times are GMT +5.5. The time now is 08:13 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.6.0
Ad Management plugin by RedTyger