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kg
Senior Member
Joined: 08/Mar/2007
Location: India
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Posts: 228
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   Posted: 03/Oct/2007 at 9:54pm |
My friend in MF told me that Rel Power is owned 49% by Anil Ambani and assosciates . He had won the Sassan Bid thru Rel Energy and now has put the venture into an entity which he owns ...isnt it a loss to the shareholders of Rel Energy ...( i am jss bein greedy...)
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Lets rock
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deveshkayal
Senior Member
Joined: 04/Sep/2006
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Posts: 3903
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Posted: 03/Oct/2007 at 10:35pm |
Rel Energy holds 51% stake in Rel Power....Rel Diversified Power holds 7.2% of its assets in Rel Energy. But the Fund Manager has been holding since long. Rel MF Fund Managers are very bullish on Ambani brothers. Go back to CNBC's interview of Madhu Kela.
I think its the investment bankers who leaks out the information. But in some cases the information is false just to jack up the price. For excercise write down all the EXCLUSIVES of CNBC and see for yourself.
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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
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 03/Oct/2007 at 10:39pm |
Most of the exclusives at CNBC are off target - I also thought that way God knows why?
BTW a cousin of mine sent me this SMS:
ADA group = > Anil Dhirubhai Announcement group.
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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
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Joined: 29/Mar/2007
Location: India
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Posts: 4243
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Posted: 03/Oct/2007 at 12:34pm |
| anyways everyone knows that the entire group is a chor |
Hey! I'm offended.
But I agree.
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PKB2000
Senior Member
Joined: 11/Aug/2006
Location: India
Online Status: Offline
Posts: 1453
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Posted: 03/Oct/2007 at 1:01am |
Originally posted by deveshkayal
Rel Energy holds 51% stake in Rel Power....Rel Diversified Power holds 7.2% of its assets in Rel Energy. But the Fund Manager has been holding since long. Rel MF Fund Managers are very bullish on Ambani brothers. Go back to CNBC's interview of Madhu Kela.
I think its the investment bankers who leaks out the information. But in some cases the information is false just to jack up the price. For excercise write down all the EXCLUSIVES of CNBC and see for yourself. |
Being a TED fan ON 05-09-2007 I INVESTED 10000 RS In Reliance media and entertainment growth fund and after almost a month my income is only 80 rs
Whereas my wife invested on Reliance div powersector gr fund same amount on same day and she is getting 1100.00
I do not tell her the latest postion and do not want to do so as long as possible. Will reliance MF not give any pleasure to the media loving people!
The worst is KOTAK LIFE STYLE fund. for past eight months it has given hardly any return to its investor. Surprisingly ET projected a great prospect about this life style fund! To whom should we follow, The taus at CNBC or the news paper!
Edited by PKB2000 - 03/Oct/2007 at 1:03am
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I am always doing that which I cannot do, in order that I may learn how to do it. ~Pablo Picasso
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johnnybravo
Senior Member
Joined: 17/Jan/2007
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Posts: 533
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Posted: 03/Oct/2007 at 11:25am |
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I too was invested in Kotak Lifestyle based on what Nilesh Shah and Uday Kotak had to say about the consumption boom story etc etc....But I never found the fund to be actually addressing this a few months back.
Interestingly, the present top 10 of the Ktk LifeStyle fund has the following stocks:
Reliance Comm Telecom
Sun Pharma Pharmaceuticals
Bharti Airtel Telecom
ICICI Bank Banking/Finance
Indian Hotels Services
United Spirits Food & Beverage
DeccanChronicle Media
Rel Capital Banking/Finance
HUL Cons NonDurable
HDFC Bank Banking/Finance
And all of these indeed seem to be good (and most of them are TED favorites)...So what's really wrong with the fund???
Probably they remember of their theme only when the markets are on a rise, they invest in lifestyle stocks at the peak!
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
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Posts: 18403
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Posted: 03/Oct/2007 at 11:53am |
"Wrong" is the fund manager's appetite to be risk averse. Stocks like HUL and Indian Hotels lend stability (underpeformance).
Also if you look at the bottom of their portfolio they had a large number of nothing stocks.
Initially I was also upbeat onn the Lifestyle fund.
Edited by basant - 03/Oct/2007 at 11:55am
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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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monu_duggad
Senior Member
Joined: 07/Sep/2006
Location: India
Online Status: Offline
Posts: 289
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Posted: 04/Oct/2007 at 6:05pm |
how to clena up inbox...
thoda busy tha...
since we r at ambani brothers....did u notice Jai Corp (am sure everyone
wud have)...1600 to 16000...isnt it a phenomenal journey...
and if sources r to be believed...Rel Infra is also catching up :)......expected to reach 5000....lets see...
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If you think you can,You Can
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