Only one and last question ??? Dear , Eagleye, I am confused in MGL What to do ??? Should I sell all application in GM Or Openly Hold ??? Please eagleye help me for crucial decision.
Yes sell all the application because it is simple theory this time operators are not getting application at this bhav and if operators will not get application in good quantity then it will not move up
Rajan exit is very very bad news for whole Indian financial markets and economic.
343. Arup| Link| Bookmark|
June 19, 2016 9:16:52 AM
(900+ Posts, 300+ Likes)
I think so
342. PavanM| Link| Bookmark|
June 19, 2016 8:25:43 AM
IPO Mentor (500+ Posts, 400+ Likes)
Seems like market will correct significantly due to RExit, BrExit coming together this week. Can we exit few holdings and re enter in correction? Please suggest your views. I still didnt recover losses incurred during Chinas Yuan devaluation!!
342.1. Chem cho| Link| Bookmark|
June 19, 2016 9:56:01 AM
IPO Guru (2500+ Posts, 2700+ Likes)
If SBI chairman becomes the governor then interest rates will come down to 6.5% from 7 % (as per sbi todays rate is 7 % for 1 year ) and then shoot UP in three years , as she will not be able to control inflation which is sky rocketing , BJP does not want economist but want yes minister, only SBI rates are lowest , in banking system she is yes minister , fit to be RBI Governor , her name figures in list of 5 candidates
share market ????????
342.2. Chem cho| Link| Bookmark|
June 19, 2016 10:37:48 AM
IPO Guru (2500+ Posts, 2700+ Likes)
pl remember the game of stock market , any high reached of stocks which are not in nifty( any index ) , bse ( any index ) are not likely to reach again high levels for 2 to 3 years as they are operator driven stock , try to get out when the nse and bse have reached the peak , say 27000,or 28000 or 30000 , as you feel fit , and re enter at lower levels ,in good bse and nifty stocks
341. Eagleye| Link| Bookmark|
June 19, 2016 7:05:38 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Arre ppl dont use this #Rexit ... What will u do when Sonia exits to Italy ... Please dont use that ... hahaha
The dividend pay out is quite good for MGL. Hence, it may be advisable not to sell on listing day. Sell after dividend stripping. This will improve the net yield as it partly offsets the cost of short term capital gain tax, STT, brokerage, and ST depending on your tax bracket.
Past Three years they have paid Rs. 17.5/ as dividend. not sure about the ex dividend date though. some one can throw some light if they have data about the same.
Company paid dividend when it is not listed. At that time promoters are holding 100% shares. Now 25% shares will flote in market post ipo. I don''t think so now company will pay same dividends.
I think company needs to do more in domestic lpg supply. Instead of distributing profits, company will invest in infrastructure for domestic lpg supply. Residential lpg customers is the permanent customers. This will help company to boost revenue and growth.
340.4. Haar Jeet| Link| Bookmark|
June 19, 2016 10:25:23 AM
Top Contributor (300+ Posts, 200+ Likes)
Dividend declare thsae etlu discount thay jase, no benefit to retailer from that will be taken out is sure.
Gmp 140 thi 95 aavi gay to dividend ni kya vaat karvi
RBI governor is not willing to take second term. FM said we will announce new governor name shortly. This news will impact market next week for sometime. Some of good steps taken by Rajan in last three years: - took initiative to clean books of nationalised banks as NPA. - Worked independently without pressure for rate change policies - Took initiative to appoint Chairman or Managing Director of nationalised banks from private sector.
dear you have failed to mention one good thing which he has done during his tenure as a Governor-he has made the poor poorer by reducing the small savings interest rate....
RBI needs to follow economy condition to change rate. In United States fixed deposit interest rate is 1 to 2 percent. I''m Japan even lower than United States.
Agree with uchit.. Even inflation got down then its obvious that FD rates will fall.. You also see that housing loan rates also decreases that is also beneficial to poor or middle class ppl.
Dear Roykolkatta, Rajan tried to prevent drastic reduction in interest rates in spite of government pressure for the benefit of poor people and those who make a living on interest income. This govt is bent on reducing interest rates irrespective of inflation rate.The new governor will have to work as per govt guide lines. So worst is yet to come !
Roy Sir you enjoyed 15 to 20 % interest on bank deposits in 70s to mid 90s. During that period inflation is also very high in India. Now bank is paying 7 to 8 % interest on deposits but it is still comparable to inflation.
I think India needs a compulsory pension scheme from government just like United States and UK. It should same for private and government employees like developed countries. This is the only solution for retirement. Our EPFO is not effective enough. We need more strict laws for employers.
Eagle eye, i need a help from you. I have not yet got the ASBA Bank a/c number. what is the procedure to get the ASBA a/c no. from the Bank? How many days it will take to get the ASBA a/c no.? Can I apply through on line? Pl reply
332.1. CLD| Link| Bookmark|
June 18, 2016 9:43:27 PM
Top Contributor (500+ Posts, 100+ Likes)
You don''t need seperate ASBA bank a/c if you have net banking of any bank to make online IPO application.
NSE to launch two-factor authentication for e-IPO application
NEW DELHI: To enhance security measures for investors, leading bourse National Stock exchange (NSE) today said it will implement a two-factor authentication for users of e-IPOs web-based application from June 20.
The exchange launched its new electronic Initial Public Offers or e-IPO bidding system in January.
The system has the facility of web-based log-in through the internet, offline bid entry post market hours, download facility of orders and order history, among others.
"In order to enhance the security measures, the Exchange shall be implementing Two factor authentication (2FA) for user of e-IPO web-based application," NSE said in a circular.
Two-factor authentication is a security process in which the user provides two means of identification from separate categories of credentials.
The new facility will be implemented with effect from June 20. It will be optional till June 24 but will become mandatory with effect from June 27.
Earlier, the exchange has already implemented two-factor authentication for users of its web-based mutual fund platform as well as in negotiated trade platform.
Thanks to Septa for posting the copy of the notification. Does it mean that we can apply for IPOs through NSE platform with two -factor authentification. I am facing problem of applying for IPOs through one of the PSU bank eventhough we have 4 Dmat accounts with them. The bank allows only one application to be made online. Unfortunately, we stay for about 6 months evry year out of country. After the suggestion made by one of the boarders, i added 3 online accounts with SBI where i already have an account. But the bank needs OTP for opening the additional accounts which i managed with a friend who has access to my registered mobile with the bank. Everytime i cannot trouble friends. Is there any solution for the problem.Can experienced help me. Thanks in advance
Dear Septa, thanks for notification. Dear saptus, to get OTP in other countries in your registered mobile is : change your service to prepaid and you will get all the SMS , there are no charges for incoming SMS. Even Prepaid is international roaming with no charges if u r not making call or receiving call. I did the same. Hope this will help you. Regards
as i mention earlier it is a speculation call on star tv takeover target... i will hold and have stop loss at 85 as three month low is 83 would not e surprised seeing 100 soon
i always hold for long term and buy more from the market.... With a marketing company important is margins top line will grow given the increase in population and also coverage area however the real tricker will come if margins improve one percent increase in margin will have 10% increase in bottom line Also not many players in this sector so DIIs and Fiis will line up so short term we will see hike and long term we will see CAGR of 12% to15%