Clarification:Yes Bank shares are not subjected to trading until 10 am...So whoever is maintaining short positions need to cover up hand to avoid auto auctioning of shares and penalty upto 20% of today`s closing price. (Copied)
I hv always followed eagleye's suggestions always except this fpo that there will be free money flow. I still believe thatprice yb will tumble below rs. 12
Even if someone is really positive and bullish about Yes Bank FPO shares, possibility of reasonably large gain from FPO shares is only in the long run.
If some of us are lucky, we may be able to sell our FPO shares with some profits but reality is that most of us will find it very difficult to exit this stock with profit in short term. Also note, that momentary +10% or more rise above INR 12 does not mean that all of us will be able to sell our shares at that price.
I am not sure what kind of accounting gimmicks possible in results to be declared on Tuesday but fact is that 42% of Yes Bank loan book is under moratorium as of July 2020 and deposit growth is quite low due to poor sentiments about Yes Bank.
So take your own call, exit with some profit (if possible) on listing or hold for long term expecting larger gains.
Tomorrow in yesbank have not in circuit filter because it's isin number changed and it's freely move so be careful both side... Good night and thank you eagleye too
625. Eagleye| Link| Bookmark|
July 24, 2020 8:26:25 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Yes Bank FPO
Those who haven’t sold in Grey ... it will be better to wait to sell until Wednesday ... because Q1 results which are on Tuesday are expected to be थोड फोड़ ...
Keep patience only for just 2 days ... and see the मज़ा
625.3. ipobull| Link| Bookmark|
July 24, 2020 11:28:44 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Ma'm, you always provide useful information. Thanks. I also feel we shall certainly get better price since its a high beta stock and can do wonders on the trot for 2-3 days.
Dear mam If I bought yes bank fpo shares on listing day then I can sold 100% delivery before 3 years of fpo shares,I am planning for bought 1000-2000 shares of this stock Pls reply
What will be there in the results. Still negative only. I think after the result it will come down. Tomorrow market will starts in Negative only. Keep this as long term.
We use to have very good contribution from senior board members like.septa, RR Patel, cool_sunshine etc.
I request admin to bring them back to make forum more effective.
622. Black Swan| Link| Bookmark|
July 26, 2020 10:27:56 PM
Top Contributor (300+ Posts, 400+ Likes)
What would have been the price of Yes Bank if the capital was raised via QIP instead of FPO ? Only because 3000 Cr has been allocated towards NII and Retail the prices have corrected.
If FPO shares could be delivered against sale done on Thursday/Friday, why it has been officially communicated that FPO shares will be listed for trading on Monday, 27th July ? Why none of the online trading platforms allow their clients to sell the FPO shares on Thursday/ Friday?? The stock exchange rules are very straight forward & they are implemented strictly. No chance for street smart people to sell before any scrip is officially listed for trading. All investors need to be careful!!
620. No trade| Link| Bookmark|
July 26, 2020 9:03:39 PM
Top Contributor (300+ Posts, 200+ Likes)
Hi Friends, some one suggested to wait for the results on Wednesday. What is there in it's performance in lock down period. (April to June). I think keep it for long term and feel the investment in this company is a fixed deposit.