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deveshkayal
Senior Member
Joined: 04/Sep/2006
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Posts: 3903
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   Posted: 06/Jul/2007 at 4:11pm |
Sharekhan on Rel Cap
For listed investments, we have considered the market value and for unlisted investments, book value has been taken into account. Rel Cap has Rs.13.7bn invested in listed equities as on 30th June,2007. The market value of the listed investments stands at ~48bn,translating into unrealised gains of Rs.35bn,which is equivalent to Rs.143/share.
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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deveshkayal
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Joined: 04/Sep/2006
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Posts: 3903
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Posted: 06/Jul/2007 at 4:15pm |
Originally posted by basant
Actually it is thumps up to you and other TEDdies who initiated discussion on this stock before the SSKI! |
Thanks!
Actually,i am quite surprised by this report of Sharekhan.They have shown details of every investment of Rel Cap. No brokerages have done this before!
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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basant
Admin Group
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Posted: 06/Jul/2007 at 4:21pm |
Yes, sski has been doimg some serious research these days and Rel cap does look like it could become really big. It has all scalable businesses AMC, brokerages,Insurance, PE etc.
Vipulji could add something here.
Edited by basant - 06/Jul/2007 at 4:40pm
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
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Posts: 4243
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Posted: 06/Jul/2007 at 4:25pm |
Devesh Ji - How do you manage to get your hands on these reports?  I am a Sharekhan customer and I can't find it anywhere. Is it somewhere under 'Research Home' -> Fundamental Research?
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
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Posts: 9319
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Posted: 06/Jul/2007 at 4:30pm |
As per some buzz in the market, Anil Ambani wants to build RelCap into something like Berkshire Hathaway!...i.e. insurance+ investments+operating businesses!!
Now it sounds like day dreaming, but who knows? ....strange things have happened in this world!
Sit back and enjoy the ride which will be very very bumpy for sure.
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Life can only be understood backwards—but it must be lived forwards
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
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Posted: 06/Jul/2007 at 4:38pm |
Devesh Ji - How do you manage to get your hands on these reports?
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Devesh has a nice scuttlebutt approach which is very valuable indeed.
Usi pe ek gaana yaad aata hain....from Sippy's Shaan filmed on Mazhar Khan:
Aate jaate hue main sab pe nazar rakhta hoon
Naam Abdul hain mera sab ki khabar rakhta hoon!!!
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Life can only be understood backwards—but it must be lived forwards
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deveshkayal
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Joined: 04/Sep/2006
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Posted: 06/Jul/2007 at 10:29pm |
Kulmanji, aapko har ek statement par gaana yaad hai !!
Smartcat, that report was from a friend of my brother who is working in ADAG.
Rel MF AUM for this month could be hit:
In another development, Anil Dhirubhai Ambani Group's (ADAG) financial distribution arm Reliance Money today said it has tied up with DTDC to retail its financial products by installing kiosks across the courier major's 4,200 outlets.
Reliance Money had earlier said that it was mulling tie-ups with large retail players with significant footfalls across the country. The customer base of the company has been growing by around 2,000 everyday, he said
Bandyopadhyay said the company was on the threshold ofimplementing a massive expansion programme, designed to have its footprint in 5,165 tehsils of the country by FY'08.
The company has plans, he had earlier said, to install additional 7,500 kiosks by the end of the financial year and ramp it up to 25,000 in the next two to three years.
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
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Posts: 4243
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Posted: 06/Jul/2007 at 1:13am |
Quoting from the SSKI Report -
| RCL has chosen to charter its destiny alone unlike other financial entities which have opted to foray into life insurance, asset management and general insurance businesses with the assistance of reputed foreign partners. RCL owns 100% economic interest in all its key businesses. The company has successfully managed the skill gap via technical arrangements with eminent personalities and reputed firms. RCL is well guided and possesses strong management depth, which would enable it to gain market dominance across businesses. |
This is what I like about the two Ambanis - they've got confidence, attitude and a healthy level of arrogance. Whether it is retail, telecom or insurance, the Ambanis do it on their own.
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