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Reliance Petroleum
RPL`s 2nd refinery to go onstream in Nov.
Posted by :
IT_BullsTracked by: 0 Boarder
Mukesh Dhirubhai Ambani wrote the largest-ever cheque by a promoter to purchase a company’s shares on Friday.
Its value? A jaw-dropping Rs 15,142 crore (or $3.2 billion), which is the payment to convert 12 crore preferential warrants into equity shares of Reliance Industries (RIL), making a statement about his confidence in the company.
Two things happen instantly: One, the promoter group’s holding in RIL rebounds to 54.99% on the expanded equity base, after “interestingly” dropping from 51.37% in August to 44.8% in September —- a decline of 6.57%.
Second, RIL’s equity capital base increases by more than 8.5% from Rs 1,393 crore to Rs 1,513 crore, comprising 157.38 crore equity shares of Rs 10 face value.
...
In reply to:
RPL`s 2nd refinery to go onstream in Nov.
Posted by :
IT_Bulls
RPL is a six bagger. Buy more and sell only when it touches 1000.
Cues from FnO: Short term bounce?
Posted by :
vkk43Tracked by: 2 Boarders
But 15% is also a lot after so much correction. Many may not digest that....
In reply to:
Cues from FnO: Short term bounce?
Posted by :
my_money
I also think so, but it can`t be as severe as it has been so far.... historically it can correct just 10-15% more...
regards,
Rpl 1000 rs worth
Posted by :
IT_BullsTracked by: 2 Boarders
RPL production has started; but Mukesh Ambani will not speak anything before Dec 28, 2008.
He wants to make Dhirubhais birthday as birthday of RPL.
A surprise bonus is also possible for RPL shareholders. ...
In reply to:
Rpl 1000 rs worth
Posted by :
IT_Bulls
The Gujarati festival seasons will bring some positive surprises in RPL soon
Clear Operator indications
Posted by :
IT_BullsTracked by: 0 Boarder
Patience may be tested but your conviction will be rewarded....
In reply to:
Clear Operator indications
Posted by :
kenfrapin
Hi All,
With most stocks in the green today, RPL should definitely move up. However, if you have noticed the price movement, it is very clear that certain people are doing their best to keep RPL in the negative. It is a clear indicator of the good times to come. By holding the price down now and entering the stock, the potential for a steep jump in the next month or so is very very likely and after that, the price may crash again once traders achieve targets and dump the stock.
Keep an eye open for this pattern, it will happen soon and with the refinery kicking off, dont be surprised if RPL does rocket sky high anytime
BSE Announcements on Reliance Petro
Posted by :
IT_BullsTracked by: 0 Boarder
RPL is a six bagger. Buy more and sell only when it touches 1000....
In reply to:
BSE Announcements on Reliance Petro
Posted by :
MMB Messenger
Reliance Petroleum Ltd has submitted to BSE a Rating Release issued by CRISIL dated September 29, 2008 rating the Company P1+ for bank facilities.
RPL`s 2nd refinery to go onstream in Nov.
Posted by :
IT_BullsTracked by: 0 Boarder
Mkts may be close to bottoming out at 12250: O(x)us Inv.
India is a stronger and a different market than US.
When realty has gone down by 50 percent the world over, it has gone up by three times in India. This shows that there is a lot of money in India for investments in stock markets....
In reply to:
RPL`s 2nd refinery to go onstream in Nov.
Posted by :
IT_Bulls
RPL is a six bagger. Buy more and sell only when it touches 1000.
RPL`s 2nd refinery to go onstream in Nov.
Posted by :
IT_BullsTracked by: 0 Boarder
Price is what the market is willing to pay for the share at a given time. It fluctuates from minute to minute.
Value of a stock is the worth of its underlying business. It is more stable as fortunes of a company do not change overnight.
It is in bear markets, as the one we are in now, that there are opportunities to spot the gems.
...
In reply to:
RPL`s 2nd refinery to go onstream in Nov.
Posted by :
IT_Bulls
RPL is a six bagger. Buy more and sell only when it touches 1000.
RPL`s 2nd refinery to go onstream in Nov.
Posted by :
IT_BullsTracked by: 0 Boarder
RPL is a six bagger. Buy more and sell only when it touches 1000....
In reply to:
RPL`s 2nd refinery to go onstream in Nov.
Posted by :
IT_Bulls
Billionaire Mukesh Ambani increased his stake in Reliance Industries (RIL), India’s largest private sector company, after exercising an option to convert preferential warrants into equity shares .
Ambani’s move to raise his stake in the company to 54.9 per cent from 44.8 per cent has cost him an investment of about Rs 16,842 crore.
Cues from FnO: Short term bounce?
Posted by :
phkTracked by: 2 Boarders
dear my money,i have been adviced again, to buy // Indian hotels//,Timex,//for mid to long term,//please check and do proper PHD// As it is from good sourse//AT 66/40 rs and 15 rs ,I have invested again(FEW MORE) at above price,//if market falls on monday ,which i very much doubt,,you may get at a lower price,or still ,you may wait for some further fall// Now TATAs are cocentrating on this share,s// For ST or day trade i have no idea at all//good luck//PHK//...
In reply to:
Cues from FnO: Short term bounce?
Posted by :
my_money
dear Karunas,
it has been harsh for everybody.. but good days are near in the sense that not much pain is left in the market...
regards,
Cues from FnO: Short term bounce?
Posted by :
KARUNASTracked by: 2 Boarders
Dear,
The bottom does not look to be in sight, have to wait... for how long?????????????????????? but the valuation is lovely if one is sitting with cash...
In reply to:
Cues from FnO: Short term bounce?
Posted by :
my_money
dear Karunas,
it has been harsh for everybody.. but good days are near in the sense that not much pain is left in the market...
regards,
Cues from FnO: Short term bounce?
Posted by :
googolTracked by: 2 Boarders
0404
...and then we would get used to it?..LOL...
In reply to:
Cues from FnO: Short term bounce?
Posted by :
vkk43
But I feel still there is a pain the market for quite sometime say 3-6 months at least.
Cues from FnO: Short term bounce?
Posted by :
my_moneyTracked by: 2 Boarders
I also think so, but it can`t be as severe as it has been so far.... historically it can correct just 10-15% more...
regards,...
In reply to:
Cues from FnO: Short term bounce?
Posted by :
vkk43
But I feel still there is a pain the market for quite sometime say 3-6 months at least.
Cues from FnO: Short term bounce?
Posted by :
vkk43Tracked by: 2 Boarders
But I feel still there is a pain the market for quite sometime say 3-6 months at least....
In reply to:
Cues from FnO: Short term bounce?
Posted by :
my_money
dear Karunas,
it has been harsh for everybody.. but good days are near in the sense that not much pain is left in the market...
regards,
Cues from FnO: Short term bounce?
Posted by :
my_moneyTracked by: 2 Boarders
dear Karunas,
it has been harsh for everybody.. but good days are near in the sense that not much pain is left in the market...
regards,...
In reply to:
Cues from FnO: Short term bounce?
Posted by :
KARUNAS
How long this patience has to be adopted, the testing period has been too long and harsh....
Cues from FnO: Short term bounce?
Posted by :
vkk43Tracked by: 2 Boarders
This time it would be really long one, as compared to last 6 years. If we compare to last 30-40 years, it is nothing....
In reply to:
Cues from FnO: Short term bounce?
Posted by :
KARUNAS
How long this patience has to be adopted, the testing period has been too long and harsh....
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