Come what may....Ani Lambani will not be able to repay the debt. He might resort to pledging selling his holding in other companies to buy some time and pretend to stay afloat. It''s a game over for ADAG But does that mean the dark midget would take advantage of the situation and promise the investors a mountain of things?...If countries like Greece, Argentina, Ireland can go bankrupt, why can''t a company called HDFC land in trouble at no time?..
selling pressure comes from retail and hni and they just calculate interest per share and that comes to rs. 1 only per share so no one to wait and look at RNAM also
652. P M| Link| Bookmark|
November 16, 2017 3:59:55 AM
(1100+ Posts, 1100+ Likes)
Different dates about Listing
Red Herring Prospectus ------------ Commencement of trading on the Stock Exchanges On or about November 17, 2017
Mail from about Allotment cum Refund Status shows -------- Expected Date of Listing -------- 20/11/2017
Listing should be on November 17, 2017 as restriction of T+6 days.
652.1. P M| Link| Bookmark|
November 16, 2017 4:00:58 AM
(1100+ Posts, 1100+ Likes)
Talking to ET Now, Bharat 22 ETF Launch - Nimesh Shah , MD & CEO, ICICI Prudential AMC , says the way they have selected you can say this is a very good value index also.
Edited excerpts :
Markets are up and you have been hiding, it should be the other way round?
We have not been hiding, we have been talking to the customers, we have been talking to the distributors. The business is growing very fast. We believe that the retail investors should be properly informed what they are getting into. A lot of money is coming in and we need to be very careful and as the markets go up, we need to explain big time to the retail investors that as the market goes up the risk also goes up. The risk return trade-off has to be understood by the retail investors well. A lot of travelling is happening across India and it is great to be in touch with the real India on a continuous basis. But Bharat 22 ETF could be that one-stop destination where you can really bet on this ETF or buy the NFO and participate in the India growth story. Let me start with a very simple question; what is Bharat 22 ETF all about? The government has decided to divest their holdings in a unique way instead of simply getting the institutional investors in. The government’s idea was that why do not we get the common man into this, to share the India growth story with the common man.
After we got the mandate there was so much to and fro with the government in terms of which we have selected the stocks. The representation is by design, it is not by default. The government had large ownership on L&T or Axis Bank. That is why Axis Bank weightage is high. This is something which you have pitched, your AMC has designed, it is not by default? We and the government both felt that we could have 40%. We wanted a diversification not only amongst the private sector companies but also the government companies. Holdings around 40% would be private sector companies and around 60% is government holding. It was designed that way. In India, the ETF route is not very popular and an NFO of an ETF may sound easy but would an ordinary investor say it is too complicated? The only requirement is anybody who owns stocks will have a demat account. ETF is the right route in this particular case because it is not only a passive investment, I will explain why. Though it is a ETF, it is going to be rebalanced every year. Also, there are stock limits and there are sector limits also. Suppose those limits are hit, suppose a particular set of stocks do well and just to give an example, a particular stock, say ITC is at 15% over here and suppose that goes up in value to 18 or 19% of the portfolio, then by the year end I have to cut that position and bring it back to 15%. So though it is passive investment, there is automatic profit booking. This is one of the smart beta factors that we have brought into this fund that we will rebalance it every year so profits will be booked and you get the index back every March. At a very low entry load, one is getting an option to indirectly participate in ETF where there is going to be a dynamic churn every year depending on the market conditions? In fact, there is a positive entry load. There is a 3% discount that the government has given on shares so there is no entry load. If you give me Rs 100 you get Rs 100 but you get that stock at 3% discount. So in effect, the entry load is at minus 3%. That is a positive thing for the investor.
We are in a market where 1. Market has just come off from its all time high. 2. Fiscal deficit increasing, 3. IIP growth not picking up 4. INR depreciating
In this situation, it may be too risky to lock yourself in a set of public sector companies with no control with you on where your money goes within those 22 companies. It may be better to invest directly in few selected PSUs which have better visibility in earnings & growth rather than getting stuck in ETF.
If you don''t have the time or capability to identify which PSU to invest directly then only you may decide to invest in ETF but you will need to keep your time horizon to 2-3 years at least to get a reasonable return.
Almost 55% weightage of shares like LNT ITC SBI Axis Bank Power grid,
Also good weightage of NtpC, OnGc, Bpcl, iocl, nalco, coal india, BEL
3% discount on average price of 15,16,17 Nov.
LISTING by December 1st wik(Tentative)
, overall good bet for 10% a year including Dividend (1.5times FD) type return possible.
, I M not applying as i want more than 1.5FD a year and i m seeing better opportunities in secondary mkt as of now than this 22-etf
, downside is also limited, listing downside merely 1-3% after discount possible, (if any of 5 big share not go on lower ckt after 17th nov/nifty stay stable ) Upside on listing possible 2-4%(including discount)
Low risk low return scheme. However Dividend yeild is near 2.4% which is good, A good candidate to replace bank FD.
Note : FD word automatically sets your investment duration Min 1 yr.
648.6. Aniketiaf| Link| Bookmark|
November 15, 2017 7:55:42 PM
IPO Guru (1800+ Posts, 10200+ Likes)
A sincere advice from my side - "SUNO SAB KI, KARO MAN KI".
How the price of the ETF will be decided? I mean to ask which date shall be taken to calculate the base price of ETF? This is important as mkt in moving downward day by day.
and vice-versa if you believe the market will go down further in short term.
Is it a mere coincidence that ETF generally opens just before set of negative news and fall in the market and that also with enticement of so called discount?
Dear all, Irrespective of how loud we shout in this forum, the listing price of HDFC standard will be determined by the supply and demand on the day of listing. Since most of investors in this stock knew that there will not be much listing gains, there will not be much selling happening hencr downside is limited. Upside will depend on new demand which is possible mostly from QIBs/NII and new demand may not come immediately hence there may not be much upward pull. So keep calm if u have already invested since yeh share kahi nahi jaa raha....na upar na neeche.
Mr Mathews.. Deepak Pareekh has done his work... he followed which all other do to raise 40000 Cr from public... what I am worried is that if share market sinks .. which definitely it will.. what will happen to economy as people have invested their savings in Market and that will be lost in one go... People savings go to bank (thanks to Modiji) from Bank it goes to Life Insurance Permiums, Mutual Funds.. Mutual funds took advantage of this and start building share market as per their wish to encash funds... remember ICICI, SBI, Reliance, HDFC, GOI... all came together to fool public...its like carteling....this is first time I am observing all corporate unite to suck blood of investor....
what I knew small investor never sells at loss and is the biggest looser... He keeps it till end and that is the biggest mistake... say Reliance Power... DLF... and all big IPOs came just below the BIG Fall as they dried the liquidity of market....
Indiam Market will never be US Market if it goes this way... as whenever small investor tries to enter these big mafias rob him...and then again they remains and plays well.. the cycle keep on repeating... and small investor put away from market investing in Banks and Gold..useless Mutual Fund schemes. with least return...
Bruh kya laga rakha hai small retail, small retailers, small investors ..no one is small, every body perfectly knows what they doing, seems like you never got any return from market and put out your frustration here.
Just buy reliance home @63-50 range and hold 1 year, 50% toh milega hi.
Agree mutual funds, gold, banks can''t beat inflation rate and continue to loot people but smart choice of equity can.
And share market never sinks, only correction happens, you just have to use that wisely.
Dear All Members... Their is one very interesting story with share market... here looser never accept that he committed wrong decision..He always thinks he is right and his investment decision is right ...say for an example many among us are having Insurance allotments and might be loosing some money but we are bullish with HDFC...why??? I don''t know... Its like I burnt my figures and saying this new fire will not burn me....Plz sell your equities remember it is 8000+ Cr allotment... and if sentiments goes wrong it will reach 150/- in one go....Remember Reliance Power, that was only 2000 Cr issue and every one was saying same words...but It crashed and market too crashed... infact Market was build to encash Reliance Power.....
OK Let me give you one more idea... Say IPO list at 300 (and it will, as promoter don''t wants to list it down to save their image).. so what are u expecting all long term well wishers, who claims that it will be 2000/- in 10 years...will it go 400/- by March end??? or 250 /- If answer comes 250/- then for what you are waiting for.... Remember to take 300 to 400 it requires additional 2000 Cr more in system for this single issue at premium of some 80+ PE... who will invest that???
I will shortly write that why Issues from past few years are overpriced ... if you need me to write... and HDFC Life can never be HDFC Bank or HDFC main...
Rinfra no obligation to rcom but aa manipulating his group and selling assets like bses power to adani power for 13000 crore so to reduce 29000 crores debt of rinfra .