Time has gone when dividend use to be the reason for buying certain stocks. Now dividend is taxable and taxed at the rate applicable to your tax slab.
Beware of public sector stocks where dividend % may be apparently high. The current thinking of the government is to divest off all public sector companies at exorbitant price and fleece the investors especially small investors. They will not think even a bit that small investors are losing or gaining and can resort to every possible gimmick. Don''t believe in dividend story etc as stock price will immediately adjust with dividend amount right after dividend is paid and also dividend is taxable at higher rates most of the time.
Even if ones want to trade in PS stocks, they should not hold the stocks as in the longer run each and every public sector comapanies will be a lose barring very few exceptions.
New to buy back can anyone help me know how to apply and what is pre requisite for this I am using groww discount broker I purchased star cement for buy back sir
Sorry for the inordinate delay in responding. With my little knowledge I presume that the AR would be hopefully upto 40%. As the share price has at one time crossed the buyback price, it is presumed that the share is having the capability of reaching a reasonable price even for the unaccepted balance of the shares after the buyback. Thank you very much for your consideration.
if compared with its peers, its already overvalued.
As of now there is no news regarding its June quarterly result, remember we had lockdowns in the month of APRIL&MAY. and aptus''s customers are mostly lower income group. they were the one who were adversely hit by 2nd wave.loosing job and paying expensive hospital bills.do you think they will buy houses??
so expecting prices to go above 360 is very high expectation in short term.only possible if quarterly results are really good which is highly unlikely.
How About nest Quarter??
generally around Dipawali and Dhanteras many ppl buy their houses, so this may help housing finance companies in general, BUT there is a caveat that this Co is in South-Indian market where these festivals are not so celebrated. or even if company performs really good in September quarter it results will come around November, Now the Question is "Will you hold it till Nov??" i suggest not to hold. you will get many opportunity to but this stock later at good price.
generally i expect prices to fall when there is immense selling pressure, But this stock is holding its price despite single digit Buyers percentage, even yesterday when prices were around 335 buyers percentage was around 12-13%. that is not a good sign. i will suggest retailers to exit around cost price 350-353 don''t sell below 343-345.(now again these levels depends on nifty and overall market sentiments)
make your decisions fundamentally not emotionally, since last year we are soo used to of seeing new IPOs outperforming every other already registers peers. one of the key reason was that they were very well priced. last 8IPOs were not that great in value.they were already asking at par valuations with their peers. so please don''t be emotionally attached to any stock that suddenly in next 1-2 weeks it will give you 20-30% return its highly unlikely.(i will be happy if proven wrong)
Please don''t create panic among retail invester. Whether it will go 30 to 40 % that is not sure. But it will not free follow that is sure. If you talking about valuation then every good stock is over priced. So, it is the sign of strength of the company financial. Lower income class people pay their loan on time. Defaulter are super rich. Believe in company financial. It will sure give return.
Yes what i like the most about this company is that they give loan to the lower middle-class people not to the super rich. This is the main reason for me to stay and going long term apart from its good financials.
@RVR read my very first line, i don''t think there was something in it to create panic. this is a open forum and it should have all sorts of views not just sympathy and positive outlook. there may not be any serious downfall in share price but there is no "25 Din me paisa double" either there is a very basic concept of "Time Value of Money" i don''t see any major action in this stock in short term and i will not stay invested in this stock till November. i can but this stock later whenever upward move starts. meanwhile as mid cap and small cap fell last week there are better opportunity for my money.
no one have a doubt on low income people paying their debt,read it carefully i said as ppl lost their jobs, paid heavy hospital bills.so demand for NEW houses/NEW loans will fall (in order to grow,companies have to create new customers).
and as I said MY PERSONAL VIEWS so please don''t accuse me for anything, you are free to post your opinion but stop accusing.
@Dharmendra ji i am scouting for metal stocks , i already have some so i am accumulating more shares. if you want then you can scout Mishra dhatu, sail,tata steel, NALCO and Hindustan zinc (i think their dividend of 28 is pending). other then these you can look at NIA ,SCI and BPCL(their dividend of 58 is pending,450s are really good buying zone)
Kisi bhi IPO me HNI funding nahi honi chahiye. Jisko lagana hai wo apna paisa lagaye retailer ki tarah. Ye HNI hi negative listing hone par aur HNI cost na nikalne par share bech bech ke stampede create kar dete hai. Uske baad retailer bhi panic selling karne lagta hai. Kitna accha ho agar HNI bhi retailer ki tarah khud ka paisa lagaye.
Ma''am, Most of the HNI take money from the market and financial institutions charged heavy interest on this borrowed money. I am sure you already know these facts. and that''s why HNIS sell in hurry on listing day if listing goes below HNI cost. I know not all HNI use other''s money but their number is very less compare to those who take money from institutions. My comment is based on the generalization. As Great Indo Canadian comedian Russell peter said '' we don''t make generalization. We just see them''. Saadar Pranaam.π
575.3. SONMAYA| Link| Bookmark|
August 27, 2021 11:42:02 AM
IPO Guru (1300+ Posts, 500+ Likes)
Yadavji you r Right.Funding. ki vajah se sab ipo mein Hni subscription heavy hota hai. Hardly 20% Hni apna,khudka money Hota hai.
Wahi to. Khud ke paise se High networth individual bano tab to koi baat hai. Udhaari lekar log High networth individual ban jaate hai aur retailer ke khud ke paise ka bhi nuksaan karwa dete hai.π
Arreh aisa likh kar dara kyu rahe hai. Aptus bhi housing loan wali company hai. Badi mushkil se bhaav issue price ke uper aaya hai. Housing loan ban karwa kar aap to share ke bhaav gira dijiyega.π
574. ipobull| Link| Bookmark|
August 26, 2021 12:05:24 PM
IPO Guru (1000+ Posts, 1000+ Likes)
This stock will perform very well, more so after the results are announced. I''m holding on to all the 26 lots (in 2 accounts). I''ve added a few after selling Windlas at same price.
574.1. ipobull| Link| Bookmark|
August 27, 2021 3:19:25 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Today the stock crossed its IPO price. So, if it stays above it in next session also, one can safely put IPO price as the Stop loss price and wait for huge gain.
If you buy on anyday before sept 16th.. you''ll get 58 Rs dividend. But as it is a extra ordinary dividend ,that 58 Rs will be deducted from share price on ex-date leaving you with same amount of money. Also stock price dips for some trading sessions after ex-date. Be aware people.
Yea I was also thinking about the same brother, thank you for the heads-up , I will look for a dip in nmdc and sail and park my money instead there for long term
Buying volume increased in Aptus for the first time. π» Haarega bull π jitega. I hope it will touch 360 soon. Dakshin ki ye company chamatkar karegi. Jai Dakshinavrat.π
Meanwhile exxaro tiles is now debt free and is in UC. This UC will continue for a couple of sessions. Anyone holding shares should keep holding for maximum gains possible.
Seems true for recent IPO. I am still holding GR in hope of advancement in price but opposite is happening. Volume is also very low, wonder if it will cross the listing day high of 1838 anytime soon. Was expecting it to touch 2000/-.
Finally I exited GR for remaining qty. Looking at chart it has not shown upward movement post listing except 1-2 days during results. Better to retain the gain I could. Since I have exited, from Monday it may change mood ππ Joking but it turns true for me many times.
567. SONMAYA| Link| Bookmark|
August 27, 2021 11:38:26 AM
IPO Guru (1300+ Posts, 500+ Likes)
Aptus slowly moving upward.Volume is good Let''s Hope Trend continues.upward journey
People please help me I''m looking for some good long term stocks for my future.. Is sail good to invest now? Or at what price sail is best to invest? Or any stocks available please suggest
My personal views on Aptus: If Nifty remains constant then we can see a listing at around 333 or say 330. and it may go down a little 315-320(lowest). atleast it will touch 350 once through out the day,may go 1-2% above 350. closing will be around 340-345. may close at par or bit positive depending on Nifty.
@Ankitkumarv ji zor zor se bole ke subko Scheme bta doππ
@DharmendraSharma ji yesterday i sold my entire holding for around 353.5 then i put a buy order at around 143(which i was not expecting to execute) but it did around 3 PM,then 2-3 min before closing prices again shoot-up to 150-153 range i sold half of my holdings at an avg price of 151.53.
considering PE and PB ratio this share dosent interest me, there are better options in the market . and i personally have had bad history with NBFCs i don''t have any in my portfolio.its better to exit,
i am holding some shares coz in SONA BWL i exit on 1st day which i still regret, it outperform my expectation. here in Aptus i have covers my risk a littlt-bit ,i may exit at 139-140 today if share goes down.
564.18. sahab| Link| Bookmark|
August 26, 2021 11:57:28 AM
IPO Guru (1100+ Posts, 600+ Likes)
this person have a great knowledge and mind. choitgarh forum should give him the expert categery immediately because when is bulling to other person this person give give advise to those person who struck in the aptus ipo.
I am frustrated with the SEBI rule imposed few months back which blocks our 25% capital received on selling long holding. This prevent us from exiting and entering even same scrip same day for same qty unless we have additional capital Is any special provision there so with restrictions we can use full capital same day with additional constraints?
561. aRYANrAJ| Link| Bookmark|
August 26, 2021 11:05:13 AM
Top Contributor (600+ Posts, 100+ Likes)
I sold my shares day before yesterday but yet not debited. Broker finvasia says nothing to worry but as per settlement cycle they should have debited on evening of selling day itself. Anyone else facing this issue?
I think the movement will be mostly sideways until the results are announced. Do not see any upside in the next 2 to 3 months. Institutional investors are happy to collect the shares from retail investors at around IPO prices and retailers are happy to exit at that price with minimal losses. Going long as financials look good.