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Infosys Shares!!!

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  #1  
Old 13th July 2006, 12:14 PM
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Question Infosys Shares!!!

Dear Friends,

I had purchased 6 shares of Infosys before the clean up... That time I got this for 3194.00, When the market was down I was in loss, now yesterday, it crossed around 3300+, so I was in profit... but today what i see, Infosys is 50% down today that yesterday.... I wonder how come straightly 50% down... Is there any chances of it to come up some like this.... Also advice me if I should buy more shares of Infosys....

Request you to email me at ext.jagtap.anil@citigroup.com

Thanks,
Anil
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  #2  
Old 13th July 2006, 12:57 PM
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Default Re: Infosys Shares!!!

Quote:
Originally Posted by anilpral480
Dear Friends,

I had purchased 6 shares of Infosys before the clean up... That time I got this for 3194.00, When the market was down I was in loss, now yesterday, it crossed around 3300+, so I was in profit... but today what i see, Infosys is 50% down today that yesterday.... I wonder how come straightly 50% down... Is there any chances of it to come up some like this.... Also advice me if I should buy more shares of Infosys....

Request you to email me at ext.jagtap.anil@citigroup.com

Thanks,
Anil
Owe friend...you've made superb profits....the share has split today...now infact you are holding 6 X 2 = 12 shares of Infosys....people have made superb profits in this one..

all the best

ganeshhity
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  #3  
Old 13th July 2006, 03:15 PM
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Unhappy Re: Infosys Shares!!!

I dont understand what are you trying to say....
Are you giving me some kind of advice or you are making fun of the figures which i mentioned.

Let me tell you, I am very very new guy to this trading world, and a friend of mine had suggested to put money in Infosys... So now I am worried state what should i do.

Regards,
Anil
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  #4  
Old 13th July 2006, 03:31 PM
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Default Re: Infosys Shares!!!

ok my frnd. let me tell u that infosys declared bonus which was 1:1. this means for every one share held u get another as a bonus. now, the ex date was 13th july that is today right? So instead of six u have twelve of them. Calculate ur buy price then calculate the current value that is market price*12( as in ur case). got it?

Chiils.
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  #5  
Old 13th July 2006, 03:34 PM
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Default Re: Infosys Shares!!!

buddy anil

infosys declared bonus 1:1 a long back with execution date as 13th Jul..

dont worry...you will be credited with 6 more shares in a couple of weeks
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  #6  
Old 13th July 2006, 03:38 PM
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Default Re: Infosys Shares!!!

Quote:
Originally Posted by anilpral480
I dont understand what are you trying to say....
Are you giving me some kind of advice or you are making fun of the figures which i mentioned.

Let me tell you, I am very very new guy to this trading world, and a friend of mine had suggested to put money in Infosys... So now I am worried state what should i do.

Regards,
Anil
hi anil,

seems you are very very new..never mind my friend..we all are new some part of time..then we learn..in your case, infosys had declared bonus 1:1 sometimes back...this becomes effective from 13th July.....from today it has become effective..this means you'll be given 6 more shares in your account in 15-20 days...so now infact you are holding 12 shares.....now multiply today's value into 12....you're sitting on huge profits..as everyone else is ...

we are not here to make mocks, but to help friends..

best of luck

happy investing..

ganeshhity
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  #7  
Old 13th July 2006, 04:05 PM
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Thumbs up Re: Infosys Shares!!!

Friends,

Now I understand... Thanks for explaining me this...
So I am lucky...., but sad part is I have only 6 shares...
Would you guys advice me to buy some more shares today?

Regards,
Anil
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  #8  
Old 13th July 2006, 09:13 PM
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Default Re: Infosys Shares!!!

Read this if you want some more dope on this topic.

http://www.traderji.com/equities/718...ck-splits.html

Good luck in yr trading career

AGILENT
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  #9  
Old 14th July 2006, 12:41 PM
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Default Re: Infosys Shares!!!

Quote:
Originally Posted by ganeshhity
hi anil,

seems you are very very new..never mind my friend..we all are new some part of time..then we learn..in your case, infosys had declared bonus 1:1 sometimes back...this becomes effective from 13th July.....from today it has become effective..this means you'll be given 6 more shares in your account in 15-20 days...so now infact you are holding 12 shares.....now multiply today's value into 12....you're sitting on huge profits..as everyone else is ...

we are not here to make mocks, but to help friends..

best of luck

happy investing..

ganeshhity
Hi..
This is only for my clarification and not to refute your statement...I am giving the calculation below for your perusal to see if there is a profit at all !!!

Buy price : 6 X 3194 = 19164
After Bonus : 12 X 1650 = 19800
Profit : 636

See it has not made much difference in his holding. Yes, in terms of earnings he stands to gain in the future dividends etc.

Best regards
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  #10  
Old 15th July 2006, 01:50 PM
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Smile Re: Infosys Shares!!!

Thanks to all...
But nobody adviced me if I should buy more shares...

I am looking further to make some small investments into Pharma, which one will give me good results?

Regards,
Anil
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