SKS Microfinance Ltd IPO Message Board (Page 3)

Sks= sab kus saaf walay ki ma bahen ki saaf, salay nay lose kara diya.

Dear All,
I think SKS Microfinance is a strong containder to get Banking License,So u can understand what will be the Share Prices.

JSW ENERGY'S POWER PLANT UNITS OF 2 * 300 MW GETTING COMMISSIONED THIS MONTH AT TORANAGULLU PLANT

Hi SJ

Whats your view on Consolidated Securities Ltd ?
The company had last year EPS 17 and is trading at rs 62 which is less then 4 PE.
The company has announced buyback of shares at maximum of Rs. 136.50 which is double of current market value but share to too illiquid and is not moving at all.

Dear SJ,
Thanks for your views on Reliance. I don't intend to buy now. I actually had Reliance shares a few years back, when Reliance Petroleum shares were converted into Reliance. I sold them for pittance as Ambani brothers were continuously fighting and I needed money. Somehow they got to know the news that I sold Reliance shares (!) and came to an agreement and then the shares went up like anything. I have not touched Reliance after that. Now I asked only out of academic interest as it is falling continuously in an up market.

Dear KK (Bajaj) Natrajan Corp....Lol...

Thanx..

By the way reliance is falling becoz of two resaons...

A) People are expecting extraordinay financial performance from Reliance from its refinery sales and they are getting dissaponted and impatient..However they dont realise that these things take time to show results

B) Analysts are getting baffled as to why they are selling treasury shares and diluting stake and buying something totally unrelated to their core business like HFCL Infotech or Indian Hotel or Suzlon (still uncomfirmed) news.

Analysts are always wrong in their judgement

They judged Bharti in the same way when it acquired Zain most of them downgraded it and now have suddenly upgraded it

They were negative about Tata Motor buying JLR and downgraded it and now they are reccomending accumulate on Tata Motors..

Having said that..my personal view is if you want to buy Reliance for long term say 5-10 years it is agood story. Personally i believe that You should buy large caps in Stock market crash or when there is some abrupt developments in that sector and it is in distress or some thing adverse happens temporarily in the company

So if you had bought reliance at 500 when the Ambani brother division of various companies happened then you would have got 4 times return in 2007 peak.

If you would hae bought it at 800 in 2008 crash at 800 you would have made 3 times return now.

So basically large caps like reliance shud we bought in big crashes and adversities in the sector or company...

Regards

Dear S(J)KS,
Congratulations!

dear boarders

sks reached my first target of 1280 today as i had said in my estimates...

Next target based on fy12 eps of 68 is 1950 .......target 1450 after october quarter results....

Watch this space

Hi guys, I have recentle strated at this site. The quality of posts n ppl r very gud. keep up the gud work.
I hav one fundamental doubt if any one of u can clarify how can a retail investor apply in any IPO as an HNI can I also apply for more tha 1 laks amnt sacrificing the discount etc How safe it is? can I do thru icicidirect? Any info is welcome ! Thanks

SKS AT 1259/.KINDLY LOOK AT MY PREVIOUS MESSAGE NO-556 & 999 RAGARDING THE ISSUE.I AM HOLDING 3 LOTS OF SHARES.I WOULD LIKE TO WAIT FOR 5 TO 6 MONTHS AS I AM EXPECTING 1450/-+.

Thanks a lot Setu and Suresh for valuable information.
I am planning mix my investment into gold coin from jeweler and monthly into GOLDBEES.

Hi Mr. Singh

Never commit the mistake of buying gold from bank.

They will..charge high commision and you cannot sell them back coz they do not buy back they only sell gold.

You can buy gold bars from Tanishq or your family jeweller.

Since you can never catch bottom keep on buying is Systematic form whenever it correct 4-5%.

Minimum is 1 tola gold coin or 12 grams gold coin or 10 tola gold bar that is 120 gram gold bar.

So if you want to invest in gold you at least have to have rupees 2 lakhs allocation to gold minimum otherwise you willl not be able to take full benifit.

If you dont have that much to invest for gold and want to trade regularly buy Gold ETF in SIP form stock exchange trough a broker.

Regards

@ Mr. Singh while purchasing gold you may try TANISIQE also where you will get rate better then bank and no doubt about purity

Hi SJ

where do you buy gold from?
Is it from a bank or from jewelery shop in form of coin/biscuits?
I was planning to buy gold for investment and was expecting price to come down below 18K this month but looks like its only direction is northwards.

@milinds: yes generally banks charge for the locker facility i think about Rs 1000 in Indusind bank..I dont know about others.But when I asked bank people if they have an insurance if the gold was stolen I didnt get a satisfactory reply.

@ Milinds

That is typing mistake it is 0.01% locker fees.

10% is cost of capital of gold. I had wrote that as fees instead of cost of capital.

If you add inflation at 5% average.

Oppurtunity cost vis a vis other asset classes like equities of 5%

My total cost of capital is 10%

DEAR SJ,
thanks for your indepth views on world market & cautioning us.
what i did not understand is that your paying 10% fees for stoing gold bar. do you mean to say that your bankers are charging such high fees for lockers or is it some other service/faclity.
pl explain
thanks
milinds

Dear xxx

Gold is better than FD

If you had FD at 7% rate from 2000 to 2010..you would have got 100% return in total till now after adjusting for inflation.

But if you had gold at 250$ an ounce in 2001...you would have 50% CAGR return or 300% return in total till now in 2010 adjusting for inflation.

In the great gold rush in 1970 when there was crisis and recession Gold went from 50$ to 500$ AN OUNCE

iF CRISIS IN currencies happens now...and you put the same scenario now....Gold should be at 3500 dollars an ounce as per current prices....so it is way below its all time high and if you believe in a crisis ahead in coming two years and soveriegn currency crisis because of huge fiscal deficits and stimulus..2000 dolars an ounce is realistic by 2012.

So FD is better than Gold is a myth..!!

Regards

Dear SJ,

Nice analysis. I had been advocating a similar scenario of a fall and consolidation for few years before the start of a new bull run.

Gold is a good alternative during recession but my personal view is that bank FD is better.

Regards,

eXperience
eXperiment
eXpectation

@sj: yes what you said is right etf can be illiquid.which bank is the best for keeping physical gold bar?...I think many months ago SBI was offering some scheme...