i am not even asking people to subscribe to Reliance nippon IPO, Point was with malafide intention some people on forum were doing jugglery with numbers, so i countered them. Btw Nippon are marquee Investors n not only will stock list in premium, they dont need Retail investors to keep them afloat, will command mcap of 16,000 crore post listing pop.Its third largest AUM.
Just because TTML has closed down doesnt make tata chors,
Tata power, Indian hotel, Tata steel,Tata sponge,Tata metalik all tata group stocks have not given return in past 10-12 years, They are still pre 2007 prices or barely there.
Yes TCS, Tata motors and Tata elxsi have made money because they were in sectors that was darling of Current bull market.. Btw TCS has not created wealth for shareholders in past 3 years n going ahead things looking gloomy for TCS..
Just because L&T twins have not given return doesnt make L&T chors
Just because Bharati has not given any returns to share holders in past 10 years dont make them chors,
Similarly failure of Rcom or Power dont make Anil a chor.
Rpower failure has to do with UPA govt policy & 2g scam. In fact Tata power, NTPC are also at pre 2007 level.They have barely made money for investors.
perspective : out of 25 Tata companies listed only 4 companies viz TCS,TITAN,TATA exlsi and Tata motors were true wealth creators for Tata in past decade ( 10 years)
TCS has more to do with scarcity premium meaning - Only 4% of Free float is available , rest all with Promoters n FIIS. Dmart story is similar that is reason, dmart stock has gone up.
If people remember MMTC at one point in time became largest mcap stock in 2005-2006. Post split/bonus etc stock collapsed n lost 90% mcap. Well nothing of that sort will happen in TCS but point is , there are many underlying factors for stock price movements apart from fundamentals, profits, technicals etc..
Point is every bull run is different back in 2007 Infra/power/Telecom stocks were darling of market, in this bull run its BANK,NBFC,Finance,Consumer goods n Autos.
Recommend subscribe to Reliance Nippon. Even if Retail portion is under subscribed due to perceived poor corporate governance the issue will be lapped up by marquee investors. Minimum 25% listing gains expected.
ADAG should seriously focus on financials n like Tatas should do away with Telecom. Telecom has been big drag on ADAG group.CDMA technology an achilies heel.
Interesting tit bit : MRF,PAGE, BOSCH - they do not consider split for a reason, less no of shares = less free float easy to jack up prices & creates scarcity premium.
Judging ADAG group on basis of his failure in Telecom n power biz is being too emotional .
Tata group have failed in telecom n power biz too, tata power have not created wealth for investors in past 12 years. TTML bankrupt will be merged with Bharti.
Get a life man. The way you are writing messages and replying your own messages, seems actually ADAG appointed you to promote the issue. Respect the intellect of fellow investors.
As people have misconception on ADAG group, so creating thread because this IPO Reliance NIPPON will give listing gains of 25% .Am not promoting ADAG but one has to be unbiased. That is reason i put up few posts so investors can then take decision. They may very well avoid this IPO.
Mr. Ghosh. I respect your awareness about the market. But calling names on this forum will not bring you any respect. I hope we don''t know each other so well to call names. Let the drhp appear and then analyze the issue. Or else if u can share the link for drhp it will be beneficial for others too.
I have never abused anyone on forum.I posted my views.I have right to post my views. People cannot call me agent of ADAG.I responded to those posts n therefore created thread so that others are not misguided. Yet to see anyone countering my logic. Why single out Rpower n Rcom ?? why similar yardstick is not applied with Tata group, L&T group stocks or even PSUS like ONGC,BHEL ,NTPC which have not given any returns in past 10 years?
Reliance Nippon Life AMC The company’s assets under management (AUM) grew 25% to Rs 358,059 crore ($55.1 billion) as on 31 March 2017. This includes mutual fund AUM of Rs 210,891 crore. Its total income rose 9% to Rs 1,436 crore and profit before tax increased 16% to Rs 581 crore in 2016-17. RNAM acts as an adviser to India-focussed equity funds and fixed-income funds in Japan and South Korea. It also manages offshore funds through its subsidiaries in Singapore and Mauritius, catering to investors across Asia, the US and Europe.
Nippon Life increased its stake in two stages—it first bought a 9% stake for Rs 657 crore in 2014 and purchased another 14% in 2015 for Rs 1,196 crore in a transaction that valued the Indian asset manager at Rs 8,542 crore.
Recent deal In August, IIFL Special Opportunities Fund bought a 2.59% stake in RNAM for $60 million (about Rs 390 crore) through a secondary market purchase. The deal valued Reliance Nippon Life at around Rs 15,000 crore. IIFL Special Opportunities Fund acquired the stake from US-based hedge fund Eton Park Capital Management. As of March 2016, Eton Park held 4.43% in the company.
You should not compare bharti and tatas with anil ambani.bharti came at rs 45 ipo. Tcs came at rs 750 and its effective value in 10 years is 16 times.its a fact that none of the Anil ambani companies or even that of mukesh ambani except the recent rise of reliance industries have given any return to share holders.its just to caution and investors need to take their own decisions.post ipo, anil ambani and nippon eill hv equal stake
Future Performance Can''t be Judged By past Data. This is Stock Market. It can make the poorest of Companies Super Rich. And The riches to Poor. There are so many examples. As for Reliance Nippon. Everybody Knows If It gets multiple times oversubscribed. Everyone''s Gonna Apply! So No Wasting Time. In Blaming Anil Ambani or His other ventures.
Coming from Reliance ADAG group means strict no. Management team is pathetic. After seeing how their group companies are faring, it''s a big big avoid. And ever that, it is fully priced leaving nothing for short-term investors. And it''s quite scary to think about long-term perspective considering groups track record.
lol as if people will read your post n decide.Have u ever run a pan shop. Fully priced? Dodo read analysis, they have left lot on table.25-30% pop minimum.Btw, with biased analysis like yours no point arguing.
What about your airtel argument? checked chart ? Has airtel crossed its 2007 high of 1090 something? Gyaan lelo thoda fekne se phale.
@ gosh people will follow or not follow is secondary. It''s a forum to share opinions and i shared mine. Airtel charts, sorry sir, missed your logic of multiplying 2 times before split and comparing it. You must have many pan shops for multiplying before split and comparing to stock trading multiples below issue price.
I challenge you ... Airtel is trading below its 2007 Level. Airtel was trading at Rs 1150 in 2007, it issued split 1:1 in 2009.
Current price of Airtel is 431 ( 862) which is still below 574 (1150) price..
Apply mind. Check money control charts -- click max and look at charts from 2002 u will get the point. Stock has not given returns to share holders in past 12 months..
@gosh. After split airtel is trading at 430''s that is still around 860. But not in double digits. And coming to TCS you "cherry-picked" last 4 years data, unlike your 2007-08 data only to support your argument. After considering last 4 years data, TCS has still given 20% returns, unlike trading at fractions of listing price. RNRL even after merging it into RPower is trading at 40''s, is Tata power also trading at such low fractions. And what about RCAP, now which group company will you bring to compare now. Every group has some loss making companies, while some created wealth, but ADAG group has only loss making companies, losses that can destroy wealth like no other companies did.
Now please for god sake, don''t bring the flawed logic like free shares and all. There are no free shares. When it spun off, we got shares as per the valuations of those respective companies.
This forum is discussing ADAG group . Instead discuss about RNLA since many are seeking clarity on merits of the issue. If there governance issue as regards THIS Company let us discuss that also, but without getting emotional about it.
This forum is discussing ADAG group . Instead discuss about RNLA since many are seeking clarity on merits of the issue. If there governance issue as regards THIS Company let us discuss that also, but without getting emotional about it.
Anil bhai ne rupiya nai apay.... everytime he is coming with new business idea and it will be ensure that at every level of entry, investor will exit with loss......telecom,power,defence,infra and now mutual fund.i will buy if anil ambani is not promoter..........
This guy should give back our Reliance Power IPO money first.... :) He took 10000 crores via IPO some years back to start the Dadri power plant. Did the plant even start? what happened with the 10k crores?
what happened to Mundra power of tata, Jindalpower? Adani power of Mundra ..
Answer is all mired in coal scam due to Policy paralysis of UPA, Do not single out ADAG group. and as far giving back money, did he personally asked you or coerced u to invest in rpower? Do not be a sissy cry baby.
Shantanu show your upbringing. Why you abusing so many members here. If you don''t like here go somewhere else. Hope moderator bans you from this forum.
who asked u to subscribe Rpower at rich valuations? Were u fool not to understand that even NTPC have not made money in power sector as it has long gestation period?
Trade with stop loss buddy.Calling anyone looter etc reflects poor upbringing n u sound as sore loser.
No need to study any financial nos., growth, peer comparison etc. Clear avoid. Past records of all ADAG companies is bad. ADAG Group is not trust worthy. Not investor friendly group.
Aur baat rahi message ki, Pratap ne shorting ki opportunity hi nahi di, first 3 hours mein, stock collapsed only in afternoon n recovered .. Fekuji raj rocks ( aka LOLUTIONS of queries)
Clearly AVOID. Don''t have trust on ADAG Companies. See the Reliance Power. No clear vision for future in this group. They are just trapping retail investors in IPO. Hardly any retail investor make the money in ADAG group.
Dis closer - This is my personal opinion & experience in past IPO.
what do u have to say about L&T group, both tech IPOS failed. L&T finance holding started upmove in past 4-5 months. Wrong way to analyze stock,Nippon is marquee name co-promoter.25% listing gains expected. Can save my message. Btw do not subscribe,its good for people like us, we will corner more stocks in IPO.
Firstly read my discloser. I express my personal view only. Opinion will differ from person to person
Second - i think you are new in share market. You are raising question on L & T Group which is well managed & professional group in world. Every trader & investor know about L & T group. Plz see the past history of L & T group stock before comment.
I see the people who lost money by trading in ADAG group stock. See the year 2008 where all ADAG group stock traded above Rs.3000 level & now ????????. And look L & T Group stocks. At least L & T Gruop have a clear vision for future. & i also see the people who made huge money in L & T share as a investor.
Check 2000 year when Rel capital was 60 bucks now 550! why take 2008 ? by that yardstick ongc, ntpc, tata steel, tatapower, bharti airtel,indian hotel,bhel have not made money for investors in past 10-12 years.