[tsk1979]

Originally Posted by rsjaurr

My advice to you will be to stay away from stock market for atleast next 6months or so.It may crash to 14-15k level easily now as sentiments are really down.
trust me, then loss will not be small!!

Once I recover part of the losses I will exit.
Am just acummulating large caps at dips

[sabret00the]

still didnt get money back from the RPL issue....now I'am scared....is there anything I should be doing?

[snaronikar]

Originally Posted by sabret00the

still didnt get money back from the RPL issue....now I'am scared....is there anything I should be doing?

Contact the lead fund manager. Keep in handy your application no and other details if you have applied through physical application.

[snaronikar]

Originally Posted by tsk1979

Am just acummulating large caps at dips

Same here. Today, I bought SBI & Reliance Energy. Which is going up currently from the price I picked up.

[jaibir]

Reliance Power closed today at 355. Thats an impressive slide for two days

I bought it at 390 yesterday morning .

[snaronikar]

Originally Posted by jaibir

Reliance Power closed today at 355. Thats an impressive slide for two days

I bought it at 390 yesterday morning .

Hope the quantity you bought is not huge. You need to wait atleast for 1 year to book some decent profits. But we need to remember the company does not exist as of now.

[tsk1979]

Every public company needs to disclose earnings at every quarter.
What will Reliance Power disclose!?
Maybe Reliance capital will give it money every quarter.
100rs for 1st, 200rs for second, and then share price will double because revenues doubled

[PatienceWins]

What do you guys think about Hindalco?
I have 1100 shares at avg price of 192.

Currently trading at 150. :(

[PatienceWins]

Originally Posted by BaCkSeAtDrIVeR

Guys, olease use the correct abbreviations - RPL is the ticker for Reliance Petroleum Limited - the Mukesh Ambani company. Reliance Power is an Anil Ambani co. Please use Rpower or RelPower while abbreviating Reliance Power.

I got confused.

[snaronikar]

Originally Posted by PatienceWins

What do you guys think about Hindalco?
I have 1100 shares at avg price of 192.

Currently trading at 150. :(

Hold on for some more time. The markets are bound to bounce back if not tomorrow may be down the line 3~4 months. As your name suggests Patience Wins.

[snaronikar]

Originally Posted by tsk1979

Every public company needs to disclose earnings at every quarter.
What will Reliance Power disclose!?
Maybe Reliance capital will give it money every quarter.
100rs for 1st, 200rs for second, and then share price will double because revenues doubled

I have invested in Reliance Capital and I will not agree with you as I also need some profits from Rel Capital.

[watfor]

Originally Posted by PatienceWins

What do you guys think about Hindalco?
I have 1100 shares at avg price of 192.

Currently trading at 150. :(

Hindalco will take sometime to get back in the bull run post acquisition of Novelis. Though it shot up to 220 levels, post the crash it has been volatile. A good stock to hold in the long run.

[bIte tHe bulLet]

Originally Posted by tsk1979

100rs for 1st, 200rs for second, and then share price will double because revenues doubled

that is really really funny dude! am stuck in the damn market since its all over the damn place, have had to put off buying a car for the same reason.

although this is one really good time to get your hands on stock that was previously unreachable money wise. (need to have the spare cash though - anybody volunteering; i'll return it all i promise)

anyways, having to play the waiting game - AND the praying game AND the hoping game. the number of games people have to play!

[jaibir]

Originally Posted by snaronikar

Hope the quantity you bought is not huge. You need to wait atleast for 1 year to book some decent profits. But we need to remember the company does not exist as of now.

I bought a small amount as a punt. Think the stock might get played in the coming months the way RPL had when it started rising last year.

As an investment, I agree RPower is a bad idea. Reliance ADAG has not demonstrated the large scale project execution this venture needs in any of its existing businesses, let alone in the power sector. If it were related to RIL, at least they have execution experience in the Oil & Gas space on some very large projects. Even if you take the execution as a given, the valuation relative to NTPC is a little too rich.

Its a bit ironic - the brother who knows how to plan doesnt know how to execute whilst the one who can execute can't really plan (e.g. Reliance Retail, also their petrol pumps business). Their father could do both brilliantly.

[CaAT]

Originally Posted by tsk1979

Once I recover part of the losses I will exit.
Am just acummulating large caps at dips

That would be the best thing to do.

I would advice the same tactic for Rel Power too. Buy it on every dip, instead of booking losses now.

Other stock which currently look good are:

1) Siemens (around 1500.00)
2) Sesa Goa (2900 to 3000)
3) Axis Bank (950.00 to 975.00)

For bravehearts who intend to do a bit of trading look for dips in Zee Entertainment. Anything round about 230-240 is a good buy. But keep in mind to book profits as soon as you can.