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View Poll Results: Stocks as a percentage of my net assets are -
0 - 25% -- I'm like the most conservative Indians. I love FDs. 396 32.27%
26 - 50% -- I have a few stocks. 549 44.74%
51 - 75% -- I'm an active trader. 201 16.38%
76 - 100% -- Hey, I'm an i-banker!!! 81 6.60%
Voters: 1227. You may not vote on this poll

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Old 8th February 2008, 12:49   #406
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Quote:
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Look at the market today, again down.
read somewhere that markets may hit 16500 mark sometime this month. They will recover in second half of 2008.
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Old 8th February 2008, 15:44   #407
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I wonder how many people put their money into Wockhardt Hospital and Emaar MGF IPOs. Wockhardt has withdrawn its IPO and Emaar had postponed its. Analysts are still blaming the Reliance Power IPO for all this. People don't have money to buy new shares as they all invested in RPO.

Emaar was looking attractive though at the revised prices.
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Old 8th February 2008, 15:47   #408
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Originally Posted by PatienceWins View Post
Mutual funds: 25% profit. Top performer is SBI Contra.
(
I must say you're real lucky. My MF portfolio was around 28% before the mayhem, its hovering at around 7% now!
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Old 8th February 2008, 16:26   #409
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Those who got RPL shares - whats your plan for monday?
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Old 8th February 2008, 16:36   #410
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I plan to sell RPL around 1400-1600 mark on monday
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Old 8th February 2008, 16:40   #411
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I plan to sell RPL around 1400-1600 mark on monday
It will open at 600~650. Those of you who have got allotments hold it upto 1 year or more. When the company starts producing power, then sell it. Simple.
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Old 8th February 2008, 16:47   #412
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I plan to sell RPL around 1400-1600 mark on monday
Heh-heh Tanveer, you have no dearth of optimism in you, I'll say that much
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Old 8th February 2008, 16:48   #413
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Heh-heh Tanveer, you have no dearth of optimism in you, I'll say that much
Its called sarcasm
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Old 8th February 2008, 16:49   #414
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Emaar MGF also withdraws IPO

Emaar MGF too has withdrawn the IPO due to poor response
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Old 8th February 2008, 17:17   #415
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I would say that RPO did very well if it lists anywhere above 570. Lets see.
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Old 8th February 2008, 19:56   #416
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Originally Posted by SumitB View Post
I wonder how many people put their money into Wockhardt Hospital and Emaar MGF IPOs. Wockhardt has withdrawn its IPO and Emaar had postponed its. Analysts are still blaming the Reliance Power IPO for all this. People don't have money to buy new shares as they all invested in RPO.

Emaar was looking attractive though at the revised prices.

Pardon my ignorance, but I totally disagree with this euphoria about real estate firms. In case of Emar MGF, we are looking at a bubble bursting, IMHO. AFAICT, I cannot recognise both names as related to the real estate business. What prompted them to charge the premiums they were asking for? What was their track record in the real estate business?

MGF, if I recall the acronym correctly, was into automobile finance, and dealership for Tata heavy vehicles. Later on, they started dealerships for Hyundai. In none of their fields, they were market leaders. So, they cannot claim management expertise also. What is their track record in real estate business?

And regarding Wockhardt - I am sorry to say that in spite of their brand value in pharma sector, I really cannot identify their brand in the hospital sector. They may have one or two (or may be even more) hospitals somewhere in India; but I am not aware of them.

The golden rule of investment I follow is - if I cannot identify what product a company makes within 30 seconds hearing its name, I give the shares a wide berth.
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Old 8th February 2008, 21:56   #417
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Quote:
Originally Posted by tsk1979 View Post
I plan to sell RPL around 1400-1600 mark on monday
Why? You got how many? Expecting a Rs 100 listing kya ?
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Old 9th February 2008, 00:10   #418
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Pj

Q) If Reliance Power, was not Power then what would it be?

Ans) Reliance Speed or Reliance Xtra Premium
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Old 9th February 2008, 00:16   #419
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Busa,

I guess you are tired now. Please take rest. hehehe
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Old 9th February 2008, 00:23   #420
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Or get a Pete's box for yourself
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