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DLF
NSE Announcements on DLF
Posted by :
MMB MessengerTracked by: 0 Boarder
Dlf Limited, JM Financial Consultants Pvt. Ltd. and DSP Merrill Lynch Limited has informed the Exchange that Dlf Limited (the "Company") is buying back its own fully paid up equity shares of face value Rs.2/- each ("Shares") from the open market through the electronic trading facilities of the Bombay Stock Exchange Limited ("BSE") and The National Stock Exchange of India Ltd. ("NSE") (together the "Stock Exchanges"). The Company has appointed JM Financial Services Pvt Ltd. and DSP Merrill Lynch Ltd. as its brokers ("Brokers") for placing orders on the Stock Exchanges. The details of the purchase orders that were executed on the Stock Exchanges on November 21, 2008, in connection to the above buyback are: 1) Date of Buyback: November 21, 2008; 2) Name of the Broker: JM Financial Services Pvt. Ltd.; a) No. of equity shares bought back on BSE: Nil; b) No. of equity shares bought back on NSE: 4,75,000; c) Total no. of equity shares bought back: 4,75,000; d) Average Price of Acquisition (Rs.):192.55; 3) Name of the Broker: DSP Merrill Lynch Ltd.; a) No. of equity shares bought back on BSE: Nil; b) No. of equity shares bought back on NSE: Nil; c) Total no. of equity shares bought back: Nil; d) Average Price of Acquisition (Rs.): NA; 4) Cumulative Equity Shares bought as on November 20, 2008: 16,21,767; 5) Quantity Closed Out on November 21, 2008 - Nil; 6) Quantity Closed out as on November 20, 2008 - Nil; 7) Total Quantity Closed Out - Nil; 8) Total Equity Shares bought back as on November 21, 2008: 20,96,767....
Buy DLF from current price for 3 months
Posted by : mukutTracked by: 1 Boarder
Satta market i was short in DLF from 300. When motilal oswal given buy call in DLF i went short heavily. I have closed all short positions but Brokers fooling people as everybody know that real estate sector will not perform for next 3-4 yrs....
In reply to:
Buy DLF from current price for 3 months
Posted by :
sattmarket
Best buying price 35-125 ,then we can adjust any risk in this range
DLF should cut price of FLATS in the range of 45-77 percent ,bec their Flat 3-4 bedroom was 400 time costly from acutal cost ,
if DLF,UNITEC,OMAXE ,and many other builder will not down price then ,they will be 
Buy DLF from current price for 3 months
Posted by : sattmarketTracked by: 1 Boarder
Best buying price 35-125 ,then we can adjust any risk in this range
DLF should cut price of FLATS in the range of 45-77 percent ,bec their Flat 3-4 bedroom was 400 time costly from acutal cost ,
if DLF,UNITEC,OMAXE ,and many other builder will not down price then ,they will be ...
In reply to:
Buy DLF from current price for 3 months
Posted by :
nicknamechanged61
aamir bhai,
leave these souls, don`t give them reply. their nick itself speaks a lot.
Buy DLF from current price for 3 months
Posted by : The D CompanyTracked by: 1 Boarder
Yaar , satta market u always talk about ...
In reply to:
Buy DLF from current price for 3 months
Posted by : sattmarket
No chance for 5-10 years it will be decline whole world ,FM said if realestate will be now cut price ,then they will be Diwalia very soon ,they cannot run their companies in this panic recession,and FII will not come,FII is not fool and retial investor will loose jobs ,they have lake of money,
so that 40-70 pecent Cut in price is very uregent to save REAL ESTATE,AUTO,AND CAR LIKE MARUITI
,MARUTI,INDICA IS VERY COSTLY IN INDIA as per world market price they r 2-3 time costly,`
Leptop very costly ,digital camera,fmcg ,moible product r very costly and weak in Quality thats y always people give prefrence to buy from outside india as per these product r coslty and life is short
NSE Announcements on DLF
Posted by : MMB MessengerTracked by: 0 Boarder
Dlf Limited, JM Financial Consultants Pvt. Ltd. and DSP Merrill Lynch Limited has informed the Exchange that Dlf Limited (the "Company") is buying back its own fully paid up equity shares of face value Rs.2/- each ("Shares") from the open market through the electronic trading facilities of the Bombay Stock Exchange Limited ("BSE") and The National Stock Exchange of India Ltd. ("NSE") (together the "Stock Exchanges"). The Company has appointed JM Financial Services Pvt Ltd. and DSP Merrill Lynch Ltd. as its brokers ("Brokers") for placing orders on the Stock Exchanges. The details of the purchase orders that were executed on the Stock Exchanges on November 20, 2008, in connection to the above buyback are: 1) Date of Buyback: November 20, 2008; 2) Name of the Broker: JM Financial Services Pvt. Ltd.; a) No. of equity shares bought back on BSE: Nil; b) No. of equity shares bought back on NSE: Nil; c) Total no. of equity shares bought back: Nil; d) Average Price of Acquisition (Rs.): NA; 3) Name of the Broker: DSP Merrill Lynch Ltd.; a) No. of equity shares bought back on BSE: Nil; b) No. of equity shares bought back on NSE: Nil; c) Total no. of equity shares bought back: Nil; d) Average Price of Acquisition (Rs.): NA; 4) Cumulative Equity Shares bought as on November 19, 2008: 16,21,767; 5) Quantity Closed Out on November 20, 2008 - Nil; 6) Quantity Closed out as on November 19, 2008 - Nil; 7) Total Quantity Closed Out - Nil; 8) Total Equity Shares bought back as on November 20, 2008: 16,21,767....
Rental V/s. EMI
Posted by :
AtheistTracked by: 0 Boarder
Guest,
Man.....never thought someone could be so Intelligent(or is it dumb)!
You beat Henry Paulson and Ben Bernanke for intelligence(or is it dumbness)
LMAO!!! You deserve an applause!
...Singh......
In reply to:
Rental V/s. EMI
Posted by : Guest
Firstly, the person is talking US Dollars and not INR. What is the use of taking a 200000 lakh loan today to buy a house in India. Those who take such amount of loan typically take it to stay in the house.
First change your mindset and write in $.
For example, you take of loan of USD500,000. What you should see is the % reurn you get annually, it should be equal to or more than bank rate of say 10%. So for a property of $700,000, the rental should be about $70000 pa. Whether you take the loan for 5, 10 ro 25 years is not relevant here and so is the amount of loan. If the rental is below $70000 then your house, if mortgaged, has potential to become subprime case.
DLF is running out of cash (Economic Times)
Posted by : GuestTracked by: 0 Boarder
DLF requests Haryana to refund licence fees worth Rs 235 crore
========================================
NEW DELHI/CHANDIGARH: In a bid to seemingly boost its cash reserves, DLF, India’s largest real estate company, has requested the Haryana government
to refund licence fees worth Rs 235 crore for various commercial and residential projects in Gurgaon. The company refused to respond to an email query sent by ET.
In two separate letters to the state government’s director of town and country planning department, DLF requested the authority to refund the licence as well as the scrutiny fees for commercial and residential projects in various sectors of Gurgaon.
Developers usually acquire agricultural land from farmers and pay the government a conversion fee, or a fee for change of usage of land, and a licence fee seeking permission to construct a commercial or residential project on the land. The government also charges a nominal scrutiny fee, which is a kind of a processing fee. The licence fee is higher for commercial projects.
The Haryana government charges licence fees of Rs 6.70 lakh per acre for group housing and Rs 2.15 crore for commercial projects with a floor area ratio (FAR or actual developable space) of 1.50 and Rs 2.70 crore per acre for FAR of 1.75, one of the highest such fees levied in the country.
DLF has sought refund for about 110 acre comprising 16 commercial projects in almost as many sectors, including 57 acre in sector 88 and 14 acre in sector 89. The company has sought complete or partial withdrawal of licence fee in the scheduled projects.
Similarly, in another letter to the government, DLF has sought refund of licence and scrutiny fees worth Rs 8.6 crore for multiple projects spread over 103 acre in Gurgaon. The company has not given any specific reason for withdrawal of licence applications in either case, but only mentioned that the licences were pending and were formally being withdrawn.
Even as realty players are struggling with a cash crunch, DLF chairman K P Singh on Tuesday said that the company faces no liquidity issues. However, he added that some projects have been deferred and some jobs cut due to weak demand.
Seeking a refund of licence fee is not an ordinary way of shoring up liquidity at any firm.
Changed usage of land and the licence to construct a project on it is what differentiates raw land from development land. Development land fetches far higher value than a piece of agricultural land. In India, getting these licences is a mammoth task.
Several multi-million dollar foreign investments, which came into the realty sector in the past few years, attached a huge premium to the land. Developers` equity was mostly limited to the land. The ability to obtain licences for construction in Indian is what put developers in a strong position vis-a-vis other investors, including private equity players. ...
Rental V/s. EMI
Posted by : GuestTracked by: 0 Boarder
Firstly, the person is talking US Dollars and not INR. What is the use of taking a 200000 lakh loan today to buy a house in India. Those who take such amount of loan typically take it to stay in the house.
First change your mindset and write in $.
For example, you take of loan of USD500,000. What you should see is the % reurn you get annually, it should be equal to or more than bank rate of say 10%. So for a property of $700,000, the rental should be about $70000 pa. Whether you take the loan for 5, 10 ro 25 years is not relevant here and so is the amount of loan. If the rental is below $70000 then your house, if mortgaged, has potential to become subprime case....
In reply to:
Rental V/s. EMI
Posted by : Atheist
Sir,
But the EMI depend on the tenure of the loan...
Say a person(call him A) has taken a loan of 200000 rupees for 5 years
and his EMI is 5000 and the rent he is getting is 3000
.
Say an other person(Call him B) takes the same amount of loan of 200000 rupees for a 20 year period and his EMI works out to around
2000 and the rent he gets is 3000
.... In the above example though both A & B are getting 3000 rupees as rent.....the same 3000 for A is substantially less than the monthly mortgage payment
....Whereas for B the 3000 rupee rent is substantially more than HIS monthly mortgage payment.
So how do we calculate and judge when the mortgage payments vary from person to person..
Or did i miss a point in your message which has a answer?
...Singh...
Hold DLF: Indiabulls Securities
Posted by : MMB MessengerTracked by: 0 Boarder
Indiabulls Securities Research has maintained its hold rating on DLF. DLF’s net sales grew 15.2% yoy but fell 1.7% on a qoq basis. Net profit fell 4.1% yoy....
Rental V/s. EMI
Posted by : AtheistTracked by: 0 Boarder
Sir,
But the EMI depend on the tenure of the loan...
Say a person(call him A) has taken a loan of 200000 rupees for 5 years
and his EMI is 5000 and the rent he is getting is 3000
.
Say an other person(Call him B) takes the same amount of loan of 200000 rupees for a 20 year period and his EMI works out to around
2000 and the rent he gets is 3000
.... In the above example though both A & B are getting 3000 rupees as rent.....the same 3000 for A is substantially less than the monthly mortgage payment
....Whereas for B the 3000 rupee rent is substantially more than HIS monthly mortgage payment.
So how do we calculate and judge when the mortgage payments vary from person to person..
Or did i miss a point in your message which has a answer?
...Singh...
...
Rental V/s. EMI
Posted by : stocks4usTracked by: 0 Boarder
Land prices will not go down much (depending upon where the land is). They could go down by 15 to 20 percent. And in some areas only 5 to 10 percent. Of course ANYTHING WHICH WAS RIDICULOUSLY PRICED (whether plots of land being sold or apartments) will go down a lot. Apartment prices have to go down at least 25 to 30 percent from current levels or around 50 percent from peak levels....
DLF
Posted by : contact2_shyamTracked by: 0 Boarder
I boutht 100 shares of DLF Ind @ 290 How far it is to get good return?...
NSE Announcements on DLF
Posted by : MMB MessengerTracked by: 0 Boarder
Dlf Limited, JM Financial Consultants Pvt. Ltd. and DSP Merrill Lynch Limited has informed the Exchange that Dlf Limited (the "Company") is buying back its own fully paid up equity shares of face value Rs.2/- each ("Shares") from the open market through the electronic trading facilities of the Bombay Stock Exchange Limited ("BSE") and The National Stock Exchange of India Ltd. ("NSE") (together the "Stock Exchanges"). The Company has appointed JM Financial Services Pvt Ltd. and DSP Merrill Lynch Ltd. as its brokers ("Brokers") for placing orders on the Stock Exchanges. The details of the purchase orders that were executed on the Stock Exchanges on November 19, 2008, in connection to the above buyback are: 1) Date of Buyback: November 19, 2008; 2) Name of the Broker: JM Financial Services Pvt. Ltd.; a) No. of equity shares bought back on BSE: Nil; b) No. of equity shares bought back on NSE: Nil; c) Total no. of equity shares bought back: Nil; d) Average Price of Acquisition (Rs.): NA; 3) Name of the Broker: DSP Merrill Lynch Ltd.; a) No. of equity shares bought back on BSE: Nil; b) No. of equity shares bought back on NSE: Nil; c) Total no. of equity shares bought back: Nil; d) Average Price of Acquisition (Rs.): NA; 4) Cumulative Equity Shares bought as on November 18, 2008: 16,21,767; 5) Quantity Closed Out on November 19, 2008 - Nil; 6) Quantity Closed out as on November 18, 2008 - Nil; 7) Total Quantity Closed Out - Nil; 8) Total Equity Shares bought back as on November 19, 2008: 16,21,767....
MORE KEY FACTS & ANALYSIS
Posted by : BhattTracked by: 0 Boarder
MORE KEY FACTS & ANALYSIS
This is the first major effort to update poverty data based on 2005 measures of purchasing power parity. The new poverty estimates are also based on data from 675 household surveys across 116 developing countries. Over 1.2 million randomly sampled households were interviewed for the 2005 estimate, representing 96% of the developing world. But lags in survey data availability mean that the new estimates do not yet reflect the potentially large adverse effects on poor people of rising food and fuel prices since 2005.
Poverty has fallen by 500 million since 1981 (from 52 percent of the developing world`s population in 1981 to 26 percent in 2005) and the world is still on track to halve the 1990 poverty rate by 2015. But at this rate of progress, about a billion people will still live below $1.25 a day in 2015. Also, most people who escaped $1.25 a day poverty over 1981-2005 would still be poor by middle-income country standards.
East Asia`s progress has been dramatic since 1981, when it was the poorest region in the world. In China, the number of people living on less than $1.25 a day in 2005 prices has dropped from 835 million in 1981 to 207 million in 2005. The Bank`s earlier 2004 estimate had 130 million people living in China below a dollar a day based on 1993 PPP. Thus, the new calculations reveal more poor people than assumed earlier, but China`s remarkable success in reducing poverty still stands.
In the developing world outside China, the $1.25 poverty rate has fallen from 40 percent to 29 percent over 1981-2005. However, given population growth, this progress was not enough to bring down the total number of poor outside China, which has stayed at about 1.2 billion.
In South Asia, the $1.25 poverty rate has fallen from 60 percent to 40 percent over 1981-2005, but again, not enough to bring down the total number of poor people in the region, which stood at about 600 million in 2005. In India, poverty at $1.25 a day in 2005 prices increased from 420 million people in 1981 to 455 million in 2005, while the poverty rate as a share of the total population went from 60% in 1981 to 42% in 2005.
In Sub-Saharan Africa, the $1.25 a day rate was 50 percent in 2005-the same as it was in 1981, after rising, then falling during the period. The number of poor has almost doubled, from 200 million in 1981 to about 380 million in 2005. If the trend persists, a third of the world`s poor will live in Africa by 2015. Average consumption among poor people in Sub-Saharan Africa stood at a meager 70 cents a day in 2005. Poverty is less responsive to growth in Africa than other regions. Higher growth-without rising inequality-is needed to keep pace with other regions.
For middle income countries the median poverty line for all developing countries-$2 a day-is more suitable. 2.6 billion people lived on less than $2 a day in 2005-a number largely unchanged since 1981. This suggests less progress in crossing the $2 a day hurdle. By this measure, the poverty rate has fallen over 1981-2005 in Latin America and the Middle East and North Africa, but not enough to bring down the total number of poor. The poverty rate has risen in Eastern Europe and Central Asia, though with signs of progress since the late 1990s.
...
Tracked by: 0 Boarder
No chance for 5-10 years for DLF,UNITEC it will be decline whole world ,FM said if realestate will be noT cut price ,then they will be ...
In reply to:
Job losses....
Posted by : sambala
DLF stalls projects, retrenches staff
DLF, the country`s largest real estate company, today said that it has deferred several residential, hotel and commercial projects and retrenched an unspecified number of staff due to the lack of demand for housing.
DLF Chairman K P Singh said the real estate sector would witness massive job losses unless steps were taken to boost housing demand by reducing the rate of interest on home loans to around 7 per cent.
Singh said the real estate sector supports the livelihood of many people and stalled projects meant people will lose their jobs. He added that his company may have laid off some people, but did not give any numbers. Other developers like Unitech and Parsvnath Developers are also reported to have retrenched staff in the recent past.
Singh`s remarks, made on the sidelines of the India Economic Summit organised by the World Economic Forum, come at a time when there are reports of real estate firms laying off employees, as part of their cost-cutting drive.
Developers have been facing liquidity crunch for over a year now. One of the reasons for this is the high risk weightage for bank loans to real estate and the ban on them from borrowing funds overseas.
However, the government has asked developers to slash prices of their projects to boost demand in the sector. Singh said the lack of demand has already led to lower prices.
Meanwhile, Crisil has lowered its rating on DLF`s non-convertible debenture programme and long-term bank facilities to AA-/Stable from AA/Stable. The rating agency said the revision was prompted by a weakening of the company`s debt protection measures and higher-than-expected gearings.
The weakening was on account of higher debt funding of receivables from DLF Assets (DAL) and increased payments made for land.
The rating agency said it may revise its outlook on DLF to `negative` if the receivables from DAL increase significantly beyond current levels. Conversely, the outlook may be revised to `positive` if there is a significant improvement in the company’s capital structure and debt protection measures.
Crisil`s rating derives support from the company’s policy of reducing its gearing to about 0.5 times. "These rating strengths are partially offset by the risks and cyclicality inherent to the real estate sector, DLF’s aggressive plans of diversification into non-real-estate businesses, and the high levels of receivables from DAL," said Crisil
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