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ICICI Bank
All came tumbling together.
Posted by :
iinvestrTracked by: 0 Boarder
ICICIBANK should publish a list of its corporate account holders as on date. With the bank they also go down together. Thats another reason why there is a sudden surge of bear run on so many scrips at the same time ...
ICICIBANK - on the verge of closure
Posted by :
faltooTracked by: 1 Boarder
Bank is on verge to collapse.
move your cash out .
custmercare has been closed down.they are not responding to query/divergences.
team coo of cutmercare has been closed down.
employee are searching new jobs so they don`t entertain customer at all so is custmercare.
these are visible sign.
one should understand state of affair of icici....
In reply to:
ICICIBANK - on the verge of closure
Posted by :
aahoo
It is apparent someone or many are selling ICICI. WHY? In stock market in the long run the rumours become true. Earlier there was a rumour that promotors are selling ICICI shares. Some of my friends even bought ICICI shares. It looklike that FM, SEBI, RBI are helping the punters and promotors to sell and asking the retail investors to buy. SEBI should provide data regarding ICICI share holding pattern on daily basis. That only will remove the fear among investors. People are only talking about liquidity position not about the bank balence position. Something is fishy. I want the rumours to be false as my banker is ICICI. I was comitted to this bank either it fail or succeed.
aahoo 
DONT DO ANYTHING
Posted by : libran.Tracked by: 0 Boarder
Buy ICICI Bank at every decline. ICICI has been battered mercilessly, it has a lot more intrinsic value, once share recover back to 500 plus leves all this bearish boarders will come back and ask if that is a right value to buy, this is very symbolic of every bull and bearish phase, when markets are moving up like crazy, overvalued looks very cheap to everyone, when markets are falling like there is no tomorrow, all great stock appear to be so expensive at undervalued levels, this stock is sure to bounce back, it was good time to buy it yesterday when it dropped to almost 320 levels and I did bought 200 more, If it beaten more I will buy more. It is a very strong back with very sound fundamentals, I have a great respect for Mr K V Kamath, I am sure he wont hide anything if banks has to absorb huge losses... so people who apply their own wisdom can do what they feel is correct, do not sell in panic and do not follow baseless rumours and bearish calls... happy investing. ...
In reply to:
DONT DO ANYTHING
Posted by : GURUPRASAD.V
it may take a little time but sure icici bank will be a penny stock and it is next gtb.. icici has lot of debt and the bonds in which they invested in lehman through icici uk is totally gone so no chance that they hide it..one or the other day sure its a penny stock..
DONT DO ANYTHING
Posted by : vkk43Tracked by: 0 Boarder
This type of rumour was there in 1992 fall also. Difficult to know the real picture....
In reply to:
DONT DO ANYTHING
Posted by : pkjattking
icici is one bank who fueled a false bubble...will it go down.. I dont know.... this bank once looked at false driving license to give a 10 lakh loan... without a credit check or a minimum down payment.... this is what fuels a bubble....
FIGHT OF PSU VS PRIVATE
Posted by : PRABHU_DEVATracked by: 0 Boarder
All these drama is created by persons those want to take money out from private bank to get into psu bank in this tight economy. today i got many rummeros about AXIS bank and HDFC bank.
are u sure that your psu bank is safe ?
01 SBI also has lehman exposer
02 Psu bank provides largest social loans to poor person of our country with no income and no proper gurentee and time to time they are bailed out by goverment many times and recent farmer loan waiver is the example for this
03 SBI provided 10000 crore loan to TATA STEEL for corus now tata steel share fallen from 1000 rs to 200 rs but no body says that sbi will be ruined if TATA goes burst where as if icici has given loan to any company wich also has good record and profitable only because its share value has fallen
the FII holding in icici was large that is hurting it and the short sellers in F&O segment are making rummors. Believe me if ICICI bank or any other indian bank goes burst then total india story will burst.
DO YOU KNOW HOW MUCH MONEY LIC HAS INVESTED IN INDIAN MARKET. IS IT SAFE?
NO INDIAN BANK IS GOING TO BURST NEITHER PSU NOR PRIVATE
do not panic remain long in all bank counter this is not usa. and if there is a risk ? then it is for every bank.
IF PAKISTAN GOES BURST THEN HOW MUCH INDIA, USA , CHINA, ETC. ARE SAFE?
this is a crises of confidance and if goverments are declaring bankcruptcy then how can be any thing safe even your post office saving even psu bank saving even your currency do you believe in your currency ? all these are rubbish things give some time every thing will be normal ...
DONT DO ANYTHING
Posted by : pkjattkingTracked by: 0 Boarder
icici is one bank who fueled a false bubble...will it go down.. I dont know.... this bank once looked at false driving license to give a 10 lakh loan... without a credit check or a minimum down payment.... this is what fuels a bubble.......
In reply to:
DONT DO ANYTHING
Posted by :
phk
my dear guruprasadji,please do not make icici a penny stock,you may be right, but think in this way// of indian share market and we investers,IF icici will be left with only pennys,do you know what will happen to us//subh subh bolo bhai-a-nay -saru saru so-choo//PHK//
DONT DO ANYTHING
Posted by : phkTracked by: 0 Boarder
my dear guruprasadji,please do not make icici a penny stock,you may be right, but think in this way// of indian share market and we investers,IF icici will be left with only pennys,do you know what will happen to us//subh subh bolo bhai-a-nay -saru saru so-choo//PHK//...
In reply to:
DONT DO ANYTHING
Posted by : GURUPRASAD.V
it may take a little time but sure icici bank will be a penny stock and it is next gtb.. icici has lot of debt and the bonds in which they invested in lehman through icici uk is totally gone so no chance that they hide it..one or the other day sure its a penny stock..
DONT DO ANYTHING
Posted by : GURUPRASAD.VTracked by: 0 Boarder
it may take a little time but sure icici bank will be a penny stock and it is next gtb.. icici has lot of debt and the bonds in which they invested in lehman through icici uk is totally gone so no chance that they hide it..one or the other day sure its a penny stock.....
In reply to:
DONT DO ANYTHING
Posted by : novice1000
dear sunil,
1)If ICICI bank is doing fine, why did they increase minimum balance for savings account from Rs.5000/- to Rs.1000/-( pls remember that fine in failing to maintain that minimum balance is really high at Rs.700/- levels)?
Are you aware that fine was just Rs.50/- in the year 2001 and then was increased to some Rs.300/- plus levels in 2003 and later to Rs.700/- levels in the same year?
In 2001 ICICI bank was quite small compared to present levels.To my knowledge economies of scale helps any organization cut prices on their services and why has it been the other way round in the case of ICICI?, had every thing been fine!
2)Regarding DLF and others in realty space: Realty prices in India went up to such levels which seem to be on par or costlier than those countries which have 50 to 60 times per capita income compared to India...
To what extent do you think the prices can go up without resulting in any demand destruction?
Allready the present rentals are making many businesses particularly the smaller ones commercially unviable.Do you have any idea that any further upside movement in realty prices will result in businesses becoming commercially unviable making the entire economy collapse?
And higher rentals and higher unit prices, made many residential properties of organized realty sector unaffordable , are resulting in severe crisis for realty companies.
If that is the case.. how do you think investment in counters like DLF will fetch very good returns when there are many other sectors and counters which are yet to witness growth and far from reaching maturity stage in their business cycles?
3)Regarding IT sector in general and TCS in specific:
First let us look at the root causes of the problems in US.
Many barrowers failed to repay their loans.
But why they defaulted? It was b`coz they didnt have jobs.
But why didnt they have jobs?It was b`coz of outsourcing.
So to survive from the present crisis, US has to stop encouraging any further outsourcing and should take measures to reverse outsourcing( already plans are very much on cards).So to do that they will let Dollar fall to very lower levels.
When that happens..it will be a double whammy for Indian IT companies.
First one is .. there wont be endless amounts of linear growth which they witnessed in the past.
Second one is..shrinking of NPMs.
In such scenarios, i fail to understand how can one make any profits by investing in TCS or Infy!
regards
it may gain
Posted by : boysiTracked by: 0 Boarder
I strongly believe that it may see sudden rise in fee based income in this panic situation because their charges are too high in case we withdraw money from FD before its maturity....
DONT DO ANYTHING
Posted by : novice1000Tracked by: 0 Boarder
dear sunil,
1)If ICICI bank is doing fine, why did they increase minimum balance for savings account from Rs.5000/- to Rs.1000/-( pls remember that fine in failing to maintain that minimum balance is really high at Rs.700/- levels)?
Are you aware that fine was just Rs.50/- in the year 2001 and then was increased to some Rs.300/- plus levels in 2003 and later to Rs.700/- levels in the same year?
In 2001 ICICI bank was quite small compared to present levels.To my knowledge economies of scale helps any organization cut prices on their services and why has it been the other way round in the case of ICICI?, had every thing been fine!
2)Regarding DLF and others in realty space: Realty prices in India went up to such levels which seem to be on par or costlier than those countries which have 50 to 60 times per capita income compared to India...
To what extent do you think the prices can go up without resulting in any demand destruction?
Allready the present rentals are making many businesses particularly the smaller ones commercially unviable.Do you have any idea that any further upside movement in realty prices will result in businesses becoming commercially unviable making the entire economy collapse?
And higher rentals and higher unit prices, made many residential properties of organized realty sector unaffordable , are resulting in severe crisis for realty companies.
If that is the case.. how do you think investment in counters like DLF will fetch very good returns when there are many other sectors and counters which are yet to witness growth and far from reaching maturity stage in their business cycles?
3)Regarding IT sector in general and TCS in specific:
First let us look at the root causes of the problems in US.
Many barrowers failed to repay their loans.
But why they defaulted? It was b`coz they didnt have jobs.
But why didnt they have jobs?It was b`coz of outsourcing.
So to survive from the present crisis, US has to stop encouraging any further outsourcing and should take measures to reverse outsourcing( already plans are very much on cards).So to do that they will let Dollar fall to very lower levels.
When that happens..it will be a double whammy for Indian IT companies.
First one is .. there wont be endless amounts of linear growth which they witnessed in the past.
Second one is..shrinking of NPMs.
In such scenarios, i fail to understand how can one make any profits by investing in TCS or Infy!
regards...
In reply to:
DONT DO ANYTHING
Posted by : sunilbenares
Do`s and Don`ts
The most important advice which can be given is `do’nt do anything`. Just dont watch any news and dont try to fish for the bottom. However, if you have ample cash in hand, then a percentage of your money should be in equity (definition is 100 - your age should be the percentage to put your money in equity). By this definition, if you are under invested and if you are ready to invest for a time horizon of 10 years, then this is the right time to invest. Invest your money in blue chip stocks like ICICI Bank, India Bulls Financial, TCS, Reliance Industries, Mundra Port, DLF, Suzlon Energy. Please DO NOT track your investments on daily basis. Treat them as your fixed deposit and forget for at least few months. You will be winner in your old age. The stocks recommended as above may not touch their current levels in future.
Actual crisis is in financial world in USA and Europe. Sub prime mortgage loans have become delinquent as underlying asset/home is presently having less value that the loan amount (exposure). Further many investment banks / other banks have securitised these debt obligations and sold it in so many forms (CDO / CLN / CDS) and had purchased these securities too. Due to extreme complexity of the financial products it was impossible to trace the actual underlying asset (homes). These exposures of banks have multiplied many folds on a single underlying asset. As such even when there is very low slide in value/sentiments of underlying, these investment banks had to collapse. It will take time to explain this entire transaction/problem in USA / Europe.
However, India has no such exposure.
Then, is there any logic in not buying Reliance at current level?. Why are we selling ICICI Bank, Suzlon in India presently?. This is a mad cry. Remain invested and dont track your stocks regularly. Indian story is bullish, real investments (from FDI & from within) in pipeline are huge, infrastructure sector will remain good story and our banking sector has no multiplied exaggerated exposure on any assets, all investments in the pipelines are to be financed by big banks like ICICI Bank / SBI in India. Actually these products like CLN/CDS/CDO are not prevalent in Indian Banks / FIs. .
Therefore, just dont panic and dont do anything. These are paper gains and paper losses. We were neither rich nor have become poorer. We will remain rich 10 years down the line, that is for sure. Just believe in your self.
REMAIN FULLY INVESTED, BUY BLUE CHIPS IF YOU HAVE CASH (DON’T TAKE LOANS FOR INVESTMENT), DON’T SELL ANYTHING COME WHAT MAY, DONT TRACK YOUR INVESTMENT, DONT FOLLOW NEWS, DONT DO ANYTHING.
Just ENJOY. You will WIN. Happy Dussehra.
Regards,
Sunil Singh
ICICIBANK - on the verge of closure
Posted by : aahooTracked by: 1 Boarder
It is apparent someone or many are selling ICICI. WHY? In stock market in the long run the rumours become true. Earlier there was a rumour that promotors are selling ICICI shares. Some of my friends even bought ICICI shares. It looklike that FM, SEBI, RBI are helping the punters and promotors to sell and asking the retail investors to buy. SEBI should provide data regarding ICICI share holding pattern on daily basis. That only will remove the fear among investors. People are only talking about liquidity position not about the bank balence position. Something is fishy. I want the rumours to be false as my banker is ICICI. I was comitted to this bank either it fail or succeed.
aahoo...
In reply to:
ICICIBANK - on the verge of closure
Posted by : IncredibInvest
I thinks you have a short position in ICICI that is why you are posting messages like this.
I suggest you as you well wisher that you close you postion and take your profit otherwise it won`t take much time to repent in leisure time.
All the best my dear friend.
Cheers
Stocks to watch: Bombay Dyeing, Indian Hotels
Posted by : avrochanTracked by: 0 Boarder
What is the time to enter property again. Fearful of US subprime which is washing out all property/realty/infra values. Some one say Sobha can hit 40 rs. though it makes no sense, the way its is falling from 1100 to 100 - cant believe. Hope it wont touch 40....
In reply to:
Stocks to watch: Bombay Dyeing, Indian Hotels
Posted by : MMB Messenger
It's been the worst weekly performance for the markets. Over the last five sessions, the Nifty has lost over 14%, while the Sensex has lost 16%. E Mathew, Director of Mathew Easow Fiscal Services is negative on ICICI Bank, Reliance Communication and Gujarat NRE Coke. Rajen Shah, CIO, Angel Broking is positive on Bombay Dyeing and Indian Hotels.
Stocks to watch: Bombay Dyeing, Indian Hotels
Posted by : MMB MessengerTracked by: 0 Boarder
It's been the worst weekly performance for the markets. Over the last five sessions, the Nifty has lost over 14%, while the Sensex has lost 16%. E Mathew, Director of Mathew Easow Fiscal Services is negative on ICICI Bank, Reliance Communication and Gujarat NRE Coke. Rajen Shah, CIO, Angel Broking is positive on Bombay Dyeing and Indian Hotels....
Thier is equal chance of sharpest recovery NOW
Posted by : vkk43Tracked by: 0 Boarder
Any specific positive news to share?...
In reply to:
Thier is equal chance of sharpest recovery NOW
Posted by : IncredibInvest
We have seen enough of sharp fall. Positive news have started to appear again and be prepared to invest in every 10% rise.
Thier is equal chance of sharpest recovery NOW
Posted by : IncredibInvestTracked by: 0 Boarder
We have seen enough of sharp fall. Positive news have started to appear again and be prepared to invest in every 10% rise.
...
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