As stated by eagleye mam , it will cross 160 next week. As per my advice , start accumulating both Equitas and Ujjivan on each dips. It will reward u in long term as like HDFC, Kotak, KVB ,Yes bank etc. Mr. Rakesh jhunjhunwala invested Rs. 50 lacs only in Karur vyasa bank in 1993 and now his holding is worth 200 crores except dividend , he received.
I wonder if I put 10000 Rupees in each of Equitas, Ujjivan companies, I will also become little bit like Rakesh Junjunwala after 10 years.
Any stocks that you expect will be multibagger in short period of time like 1 to 2 years, like if i invest 10000, it should be 3 to 5 lakh in 1-2 years?
They both hv d similar potential with Small Finance bank licence. In future , they hv better likelyhood to converted into full fledged commercial bank and likely permission for more than 49% FII shareholding. These development will be made after their continued long term performance. In d current scenario, chances are more with Ujjivan than Equitas due to its present pan india presence.
Vow, if this happens, then I would be lucky in future. Eagle eye said on Equitas page that Equitas is in the fast process of becoming bank. I will follow also Ujjivan now.
My past in sharemarket was very unlucky! Lets hope for good in future, may your words become true
i am holding 20060 EQUITAS @ average price 137.86 (including brokerage,taxes etc), and will not start selling before 155-160. I will definitely wait for result to come out.
Dear Shivajee, I am not a big shoot guy, but definitely want to be one
Excerpts from the book ‘Rich dad poor dad’ by Robert T. Kiyosaki
Fortunes are made in new-stock issues, and I love the game. Many people are afraid of small-cap companies and call them risky, and they are. But risk is always diminished if you love what the investment is, understand it and know the game.
They go to their financial planners or accountants or stockbrokers and buy a balanced portfolio. Most have lots of cash in CDs, low-yield bonds, mutual funds that can be traded within a mutual-fund family, and a few individual stocks. It is a safe and sensible portfolio. But it is not a winning portfolio. It is a portfolio of someone playing not to lose. Don''t get me wrong. It''s probably a better portfolio than more than 70 percent of the population, and that''s frightening. Because a safe portfolio is a lot better than no portfolio. It''s a great portfolio for someone who loves safely. But playing it safe and going "balanced" on your investment portfolio is not the way successful investors play the game. If you have little money and you want to be rich, you must first be "focused," not "balanced." If you look at anyone successful, at the start they were not balanced. Balanced people go nowhere. They stay in one spot. To make progress, you must first go unbalanced. Just look at how you make progress walking.
Thomas Edison was not balanced. He was focused. Bill Gates was not balanced. He was focused. Donald Trump is focused. George Soros is focused. George Patton did not take his tanks wide. He focused them and blew through the weak spots in the German line. The French went wide with the Maginot Line, and you know what happened to them. If you have any desire of being rich, you must focus. Put a lot of your eggs in a few baskets. Do not do what poor and middle class people do: put their few eggs in many baskets. If you hate losing, play it safe. If losing makes you weak, play it safe. Go with balanced investments. If you''re over 25 years old and are terrified of taking risks, don''t change. Play it safe, but start early. Start accumulating your nest egg early because it will take time. But if you have dreams of freedom-of getting out of the rat race- the first question to ask yourself is, "How do I respond to failure?" If failure inspires you to win, maybe you should go for it-but only maybe. If failure makes you weak or causes you to throw temper tantrums-like spoiled brats who call an attorney to file a lawsuit every time something does not go their way-then play it safe. Keep your daytime job. Or buy bonds or mutual funds. But remember, there is risk in those financial instruments also, even though they are safer.
Results are not encouraging How traders take s this will b seen
1825.1. Eagleye| Link| Bookmark|
May 4, 2016 11:37:10 AM
IPO Guru (6600+ Posts, 22000+ Likes)
These results are for 1 of the 3 subsidiary companies ... The listed entity "Equitas Holdings Limited" will declare its consolidated results on 6th May 2016
1825.2. Eagleye| Link| Bookmark|
May 4, 2016 11:49:38 AM
IPO Guru (6600+ Posts, 22000+ Likes)
Housing finance is only 250 cr out of 5500 cr book
SKS micro will declare it''s results tomm. May be that will also bring some momentum in equitas. Is there any update on equitas in ur knowledge? Results r also on 6th. It should atleast maintain the level of 145 to cross 155+ before 10th.
1823.4. Eagleye| Link| Bookmark|
May 4, 2016 10:14:51 AM
IPO Guru (6600+ Posts, 22000+ Likes)
Refer my earlier posting ...
Eagleye Apr 29, 2016 9:37:31 AM IST
Market expected to show real price discovery of Equitas on 09th May (after seeing results for FY16) & on 10th May (after listing of Ujjivan)
Today we see good upside movement in Equitas. One of the reason is very high subscription of Ujjivan. Excellent response from all types of investors. Both are in same line of business. Both are peers to compare.
If listing of Ujjivan is good then Equitas will touch new high next week.
1821. Eagleye| Link| Bookmark|
May 3, 2016 1:14:48 PM
IPO Guru (6600+ Posts, 22000+ Likes)
1815.1. Eagleye| Link| Bookmark|
April 29, 2016 3:54:57 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Equitas Holdings Ltd has informed BSE that the Company has submitted an application to Reserve Bank of India on April 28, 2016 for grant of banking licence under Section 22 of the Banking Regulation Act, 1949.
Previously recd only in principle approval. Now they have applied u/s 22 for license.
1815.3. Eagleye| Link| Bookmark|
April 29, 2016 4:08:28 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Which means that they are absolutely ready to start operations as a bank ASAP ... even though they have time until March''17 ... they dont need to wait for that long ... that a big positive sign !!!
1814. Eagleye| Link| Bookmark|
April 29, 2016 10:37:31 AM
IPO Guru (6600+ Posts, 22000+ Likes)
Market expected to show real price discovery of Equitas on 09th May (after seeing results for FY16) & on 10th May (after listing of Ujjivan)
Big players are going to show their skills next week in equitas
1814.7. Eagleye| Link| Bookmark|
May 3, 2016 1:21:00 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Indy Sir,
Please explain .. what you meant by ... "Big players are going to show their skills next week in equitas" ... what is their target for Equitas in near future ?
1813. Eagleye| Link| Bookmark|
April 29, 2016 10:29:47 AM
IPO Guru (6600+ Posts, 22000+ Likes)
Equitas Holdings IPO
Board Meeting to consider Audited Financial Results for year ended 31st March 2016 ... is scheduled to be held on Friday 06th May 2016