Rpl

There are many companies who have gone up soooooo high because of the US Market's economy.. so many billion dollars got invested in our indian economy.

Its not fair only to take RPL and analyse against the future eps and say its over valued. OBSOLUTELY it is not.
RPL has gone up comparatively with all other stocks.

So you should not be stock specific and say its over valued. If its over valued, after every one talking BS that it will go down to 150 160 range, It stays steadily and instead its going up for the past few sessions...

I am accumulating more stocks in dips...


I am bullish on this stock... When every one is bullish, there will be some analysts want to do the opposite to get attention.. I wont believe that....

In very short term , target for RPL is 316 . So accumulate .

You are definitely smarter than the promoters.....

They sold worth 4000 crores last week, to people like you, who are accumulating at dips

These big players should take lessons from this forum.......

Dont take it personally, Sam, this was just to make you realise, that promoters are selling........

Ok you did not mention how much MFs bought?

<URL>http://www.sharekhan.com/MarketCorne...x?SSKICode=RPL </URL>

Already there are 5 mutual fund companies owning.. the more FIs get out, MFs get in, so its cheap...
FIs are waiting in sidelines to enter into market after seeing the trends in indian market.. Its their way of trading.. They dont simply keep so that every one get their money out. so they buy and sell to see how the market reacts..

FIs policy is different than MFs..

<URL>http://indianstockmarketscomment.blogspot.com/ </URL>

See the comments here!

RPL is going to zoooooooooommmmmmmmmmm in coming sessions

Yeah u could bet on Shrikanth

The initial impression on reading the news about Mr Mukesh Ambani divesting 4% stake in RPL gives one the impression that the Supremo of the Reliance Group has pulled a fast one over retail investors by selling shares of his own company at a rate higher than the current market price. But are things as transparent as they seem ? is there nothing to be read between the lines ? Is it possible for any intelligent stock market player worth his salt to swallow that Mr Mukesh Ambani, whose net worth as on the 30th of October 2007, less than 3 weeks ago, was reported by no less a source than the Press Trust of India to be 2,49,000/- Crores (2.49 Lakh Crores), making him the richest man ALIVE, is now trying to pull a fast one over his own shareholders just FOUR MONTHS (it is widely expected that RPL will commence production in March 2008) before the commissioning of his RPL Refinery ?? Surely we need to dig a bit deeper to find out the truth – for what seems to be the truth is always farthest from it !

For the first part, it is common knowledge that the RPL Refinery work is proceeding at record pace and that the commissioning is due much before time, although the actual commissioning date is a subject of intense discussion and also a closely guarded secret. Many expect that the refinery will commence production as early as March 2008, and, if it does so, should result in the share price of RPL touching Rs 500/- by the date of commissioning.

For the second part, even the most obtuse of intellect will acknowledge that a man whose worth is 2.49 Lakh Crores, stands little, if anything, to gain by divesting 4,000 crores worth of shares, especially if it earns him the wrath and ill will of his investors and his shareholders. The man may succeed in making some money in the short term, but we all know and acknowledge that Mr Mukesh Ambani Lambi Race Ka Ghoda Hai, and that he does not believe in short term gains. Also, the proceeds – Rs 4,000/- crores – do NOT make any kind of significant impact on his overall wealth – I am hopeful that readers will agree with me on this point !

His game is bigger, and his reason for divesting may not be as crass as short term monetary gains. So, what could possibly be the reason for this divestment ???

It is said that the Futures Ban on RPL was having a wider effect on the market than was visible to the eye of the small investor. The Futures Ban on RPL prevented trades in the Nifty Basket, and was said to have a depressing effect on the Indian Stock Market as a Whole and threaten its stability.

Now, why did RPL go into Futures Ban ? Simply because the Open Positions in the Scrip crossed 95% of the Limit. The Market-Wide Limit Position (MWLP) itself is calculated based upon the floating stock in any given scrip. In the case of RPL, 75 % of the equity was held by the Mukesh Dhirubhai Ambani Group whereas 5 % stake was held by Chevron, its foreign partner. Thus the theoretical floating stock in RPL was 20%, less institutional stake (read long term players, who wouldn't sell out before the commissioning of the Refinery).

Anyway, the incidence of large scale futures operations (read shorting) in the RPL Scrip by a Major Operator resulted in RPL Futures exceeding the 95% Limit and hence going into Futures Ban, and threatening, reportedly, the overall stability of the Market. Since most Futures Players – long and short – seem bent on holding their positions, a deadlock was created. The only way to break this deadlock was to increase the floating stock in the market, thereby increasing the MWLP.

And this, the MDA Group has done by releasing 5% of their personal holding in the open market ! This is what they mean when they say that they have increased liquidity in RPL.

What Say, My Fine Readers ? Is It The Truth Or Just Another Yarn ?

Time will tell – watch the price of RPL – a small correction is expected (although the chances of a rise are much greater) – people who do not understand the underlying basics will sell - but if it closes below 199, you may safely call me a bullshitter, and I will acknowledge myself a bad analyst, and write no more on RPL !!!

Although I am very much invested, and WILL remain invested in it. For I am convinced it will give me double my money on the date of commencement of production.

Zapata
MMB

Hmmmmm....

You need to visit the site Rense.com

Its for people who like to read about conspiracy theories.....
Wish you all the best and hope you sell your holding at 1000 plus.....

What Mukesh knows is that maybe the valuations are not right and has sold...

Tell me, if you are driving a maruti 800 , in good condition, and you have a few crores to spare.
Some idiot comes along and offers you 10 lakhs for your car, which is not worth more than 2 lakhs.

Since you have a few crores, would you say that why should I sell at 5 times the market rate, 10 lakhs is hardly going to make a big improvement to my bank balance. Its another story that you can invest that 10 lakhs to buy a good mid sized car....from the showroom

As regards your level of 199 being breached.....why would u feel u are a bad analyst?

A good analyst can be wrong 5 out of 10 times and still make excellent money.

Mukesh has added more stocks to the stream to increase the liquidity... to come out of f&o ban..
thats what the analysts say.

Thanks for your analysis!


I am holding it!!!