Yes Bank , if you consider the risk reward ratio, on the down side nothing to liose much. Upside was unlimited. Though i had 2 lots in fpo added 2 more lots today. Will add further 2 lots in every lower circuits. But now lower circuits are thing of the past. Only upward trajectory expected from here.
712. No trade| Link| Bookmark|
July 28, 2020 7:57:36 PM
Top Contributor (300+ Posts, 200+ Likes)
Yes Bank
Good results. Good closing today Now it will going to up-up-up side from tomorrow.
Result key highlights Net profit 45 cr. Operating profir 1147 cr. Int income grew 49% to 1908 Operating cost declined 21.7% Deposit grew 11.4% to 1.17 lakh crore. Net NPA declined to 4.96%
15000 crore amount should be also considered as par part of revenue in next quarter??
711.6. Mr. Singh| Link| Bookmark|
July 28, 2020 7:44:57 PM
IPO Mentor (700+ Posts, 400+ Likes)
@Cautiois ipo, it seems you did not apply for yes band FPO due to your cautious nature :) Now since you don't have share why are you coming to this forum...Regret your decision or want to proove that you have tremendous knowledge of stocks?
Everyone knows Yes Bank will be make or break for investors...and peopywho applied they did so hoping it will either give multi fold return in few months/years or max it will be zero (if gets bankrupt)
710. Aniketiaf| Link| Bookmark|
July 28, 2020 7:17:15 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Yes Bank improved Q1 number across all parameters . Better than expected for me.
Turnaround story from Yes bank.....institutional investors knew about this result hence yes bank were able to raise 15000 cr. Deposits growth and amazing operating profits growth QOQ. Q2 will be even stronger with the 15000 cr fund injection.
Dear friend I have seen many comments on Eagleye, in this regard I can say few points: 1. This is share market - you keep in mind. 4 months back RIL is around 900 , now you see the value - any one can predict this - if so they are crore pathi. 2. let us take, eagleye - suggestions - expected positive returns on listing, also assumed the issue may overscribe 4 to 5 times. AS PER EAGLEYE EXPECTATIONS, THE ISSUE WAS NOT SUBSCRIBED 4 TO 5 TIMES, SO ALL HAS TO WITHDRAW FROM THE SCUBSCRIPTION ON LAST DAY. When first point fails, second point may also follow first one. 3. I waited till 2.45 pm , on last day - seen the subscription details are below 1, so i applied for 5 lots instead of original plan of applying for 15 lots., remaining amount kept for further investment if the issue price goes below 12, accordingly today I got 1 lot - 1000 shares around rs. 11.1, my next lot may be at 10.1 and so on 4. Every investor, should have his own entry and exit strategies. 5. I got a profit of around 9k in the previous ipo, Rossari biotech - exited on listing day. 6. In stock market, if any body got profit - they feel its their credit, in case of loss - they point out to other. They are many IPO gurus like eagleye in chittoregarh. but its own decision to act or not. In the yesbank issue, some of them recommended to avoid. 7. Earlier I used to follow Septa - as his striking rate is good, later he is not active because of negative comments. So I conclude, improve your awareness , act as per your own - don't criticize
Results are good , Deposits are rising and the company reported profit (The real one) after a long time. Last quarter was 4000 crore loss , hence this is a great start for Yes Bank. Its headed for a brighter future and hopefully will be at decent levels after 3 years.
30% fall is the reason of dilution not because SBI sold shares .. pls correct
697. Kishore S| Link| Bookmark|
July 28, 2020 4:44:51 PM
Top Contributor (200+ Posts, 100+ Likes)
Today conf call starting at 5pm, in few more minutes
696. CSK| Link| Bookmark|
July 28, 2020 4:33:22 PM
Top Contributor (300+ Posts, 500 Likes)
Results look good. Deposits: 1,17,360 Crores grew 11.4% q-o-q aided by 26.4% q-o-q growth in CA deposits and 12.6% q-o-q growth in term deposits CASA ratio at 25.8% in Q1FY21
695. Kishore S| Link| Bookmark|
July 28, 2020 4:30:44 PM
Top Contributor (200+ Posts, 100+ Likes)
Good results YES BANK: Q1 SL NET PROFIT 454.4M RUPEES VS 1.14B (YOY) || Q1 INTEREST EARNED 54.86B RUPEES VS 78.16B || Q1 PROVISIONS 10.87B RUPEES VS 17.84B (YOY) || Q1 GROSS NPA 17.30% VS 16.80% (QOQ) || Q1 NET NPA 4.96% VS 5.03% (QOQ)