India settlement cycle is T+2 so if you buy on 21 then it will reach your demat account on 23 and hence you won\\`t get bonus.

So buying HDIL now won\\`t fetch you bonus.

Regards......

Hi,

Firstly HDIL goes ex-bonus on 21st and not 22nd. 22nd is record date. So stock bought before 21st will only be eligible for bonus.

Secondly, yes HDIL is one of the best pics in the market. Getting a realty large-cap stock at a PE of 5.5 is really a good deal. Realty sector witnesses growth of 20-50% and HDIL is one of the leaders in realty stocks.

It has strong management, good funds circulation and is fundamentally an excellent stock.

In my opininon, it has potential to go 6 times from its current levels within next 2-3 years.

It has EPS of 72 and thus stock is extremely cheaper when compared to DLF which is trading at 510 with a PE of 30.

So hold your investments in HDIL from long term view and you are sure to make smart money in this counter.


Happy Investing !!!!...

Hi,

You will probably get 2 shares for bonus against your 10 HDIL. If you would have 11 HDIL then you would have got 3 shares.

The company has declared 2 shares for every 7 shares. Generally it works as 1 share for first 4 shares and another 1 share for next 3.

so you get 2 for 7 and..
10-7=3 (NIL for 3)

so you will get 2 for your 10 shares. Unfortunately you are in loss with this bonus because the share price will reduce by 22.5% (since the bonus factor is 1.29 so the price will open today around 405/1.29 = 314

...

Hi,
Well right record date is 22nd Aug but in india we have T+2 settelment. So stocks bought on 20th will come to your demat account on 22nd and those bought on 21 will come to your demat account on 23.

So thats why, there is no use of buying shares of HDIL on or after 21st from bonus perspective.

Also you could see on 21st that the share of HDIL will oven much lower (around 20% lower).

Generally bonus shares are not a benefit because it reduces EPS equally and the divident yeild is also reduced. It is only beneficial if in future company plans to buyback its shares at a price higher than bonus price otherwise, in market you will see that stock price will fall by equal percentage.

Yup, for those people who do not tract HDIL right now may get alerts from there software that the stock has hit 52-week low which will trigger them to buy the stock and thus the stock may gain on ignorance grounds....

Dear Hemraz,

If you check my last post on HDIL, i recommended buy on HDIL at 360 levels and thereafter it touched 520.

For real estate, if charts are to be believed or even if fundamentals are to be believed, real estate stocks won\\`t hit there lows back. So low of 325 for HDIL and 350 for DLF are going to hold and not even touched in future.

I don\\`t know what made you give 280 as target for this golden pick. Anyways, lets watch and see who of us is right......

Dear All,

Bonus is definitely not the only reason to invest in HDIL at these levels. HDIL is trading at p/e of 5.6 currently. It has max downsides of 20% from here but upsides are over 100%. Nobody can buy the bottom so in my opinion best is to start entering the stock now and buy more if it falls by another 10-15%.

This is a very good company with excellent track record, balance sheets, results etc.. and is a must buy.

Remember, with this company, you have almost nothing to lose now and much much to gain....

HI, By what date these bonus share will come to our account?...

Why is there so much confusion about bonus date.If ND is 22 Aug,all persons holding on 22 would get bonus shares.So if one buys on 21 Aug.he should get bonus. Please clarify as I intend buying on 21 Aug. URGENT Reply requested...

ya i am also with u and i am also holding hdil for long term min 5 yrs....

well buddy i respect ur message and I love if u will b rite after 1 month as i have 10 Hdil at 500. U tell me , if i have 10 shares thn how many share of bonus i will get ...

Could not agree more with USGOEL. This is the cheapest stock in the real estate business. They have a massive land bank in the Mumbai Metropolitan Region. This is almost the bottom for this share and there is only one way the share will move from here: UPWARDS. Buy before the end of the day tomorrow and you will thank me for the stupendous returns (of almost 100% in a year\\`s time) that this scrip will give you irrespective of the fact that we\\`re almost in a bear phase. Remember, any bonus is a statement by the management regarding its confidence in the company\\`s future performance....

ONE MONTH TARGET 280 RS...

Hi Mr. goel, How you know FY09 Estimated earnings before they are declared? Y are you stopping its fall at 185, just wait n watch... unless you are being paid to help manipulation....