General Trading Chat

travi

Well-Known Member

siddhant4u

Well-Unknown Member
Only analysts want probe :DD
As if sebi didn't know that the price is going up in ckts.
FOMO is the buzzword of 2020 i guess.
SEBI will have to change it's rule, currently it allows relisting of firms with 99.03% of promotor holding !

company has higher value than Tata Steel, UPL etc.. Baba became Aatma Nirbhar without paying a penny to acquire the company and will be rich by selling 25% at higher valuation...
 

travi

Well-Known Member
SEBI will have to change it's rule, currently it allows relisting of firms with 99.03% of promotor holding !

company has higher value than Tata Steel, UPL etc.. Baba became Aatma Nirbhar without paying a penny to acquire the company and will be rich by selling 25% at higher valuation...
It depends on how you look at it.

End of the day its still just shares.
When Promoter will go sell shares or take loan or any other thing, the other party will do its own valuation. This is what those analysts are missing.

Today even i will paint a picture and put price tag of $1 billion on it. same with shares.
We ourselves never buy when we feel price is high or sell if we feel its too low.
In cases like yesbank, people will feel 100 is too low until it becomes inr.20.

so there is nothing to complain about it. Tomo i will also feel RIL shares is too high, so SEBI will probe ? no right :DD

I dont know anything about 99% law etc, ( as in everyone new about 99% when getting listed. Kotak bhai also having % issue with RBI )
im just going by mkt dynamics. but it is clear that Analysts ko hajam nahi ho raha hai bcos it didn't go as per their prediction so ego is hurt.
 
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siddhant4u

Well-Unknown Member
It depends on how you look at it.

End of the day its still just shares.
When Promoter will go sell shares or take loan or any other thing, the other party will do its own valuation. This is what those analysts are missing.

Today even i will paint a picture and put price tag of $1 billion on it. same with shares.
We ourselves never buy when we feel price is high or sell if we feel its too low.
In cases like yesbank, people will feel 100 is too low until it becomes inr.20.

so there is nothing to complain about it. Tomo i will also feel RIL shares is too high, so SEBI will probe ? no right :DD

I dont know anything about 99% law etc, ( as in everyone new about 99% when getting listed. Kotak bhai also having % issue with RBI )
im just going by mkt dynamics. but it is clear that Analysts ko hajam nahi ho raha hai bcos it didn't go as per their prediction so ego is hurt.
you are not getting it. Prev shares were diluted so every 100 old shares are now just 1. promoters now hold 99% shares so there is no float at all. All this is within law as SEBI doesn't restrict 'relisting firms' for holding 99%. some analysts are asking SEBI to have a relook at these rules about bankrupt companies relisting. They could modify rules so as firms get relisting with min 20% public listing etc..

Also, as there is no free float, shares are going up and not sure if anyone could buy it now as promoters are not selling so these shares could be pledged to banks (mostly public sector) or offloaded to unsuspecting public at higher price in ipo.
 

travi

Well-Known Member
you are not getting it. Prev shares were diluted so every 100 old shares are now just 1. promoters now hold 99% shares so there is no float at all. All this is within law as SEBI doesn't restrict 'relisting firms' for holding 99%. some analysts are asking SEBI to have a relook at these rules about bankrupt companies relisting. They could modify rules so as firms get relisting with min 20% public listing etc..

Also, as there is no free float, shares are going up and not sure if anyone could buy it now as promoters are not selling so these shares could be pledged to banks (mostly public sector) or offloaded to unsuspecting public at higher price in ipo.
arre bhai, i will start ulta :)
Unsuspecting public deserves to be hammered. Due diligence is a must. ( in reality, this fraction is negligible like the investor who put life savings at 12K)

Banks whoever they are do their own valuation. Share prices have nothing to do with book value afaik.
Book value toh woh hi rahega jo hai. And there is far more risk assessment than we think.

Yes, SEBI can reconsider the rule but you tell me, whether listed or Angel investor, who will buy share against a fair price that they consider?
this is what i'm not getting. let it be even 100%.
If Motabhai said, i want PP at 3500, public wouldn't have gone an bid for a single share. When it was announced, 1257 was also high considering the trading price at that time.

so free float or not, why will someone go and buy ?
i mean this is not essentials which are being hoarded in a monopolistic way like onion prices.

and regarding dilution, if 100 shares would've gone to inr. 1 then total is inr. 100, ( or even 5 paise per share)
today 1 share is worth whatever is quoted, so shareholder is still out of misery on paper at inr. 1500
or maybe market is pricing in that dilution. who knows ?
.
And let the Co. mgmt go sell x% stake to other entities if buyer will agree.
 
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