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Emerging companies - Mid caps that can become large cap
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Emerging companies - Mid caps that can become large cap
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RAKESH
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Quote RAKESH Replybullet Posted: 12/Dec/2006 at 2:30pm
CAN I BUY RIGHT NOW
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Quote xbox Replybullet Posted: 12/Dec/2006 at 2:33pm
sorry!! I don't advise (for free ) .
Don't bet on pig after all bull & bear in circle.
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Quote xbox Replybullet Posted: 19/Dec/2006 at 6:59am
Indiabulls Financial Services Ltd has acquired 100% of the equity share capital of Noble Realtors Pvt Ltd ("Noble Realtors"). Noble Realtors is engaged in the business of construction and development of real estate projects.
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It should be interesting deal. Lets wait to see what it owns. I assume this will be transfered to Indiabulls real estate company. Which is about to demerge from parent.
Don't bet on pig after all bull & bear in circle.
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Quote xbox Replybullet Posted: 20/Dec/2006 at 10:34am
Looks like I am the lone warrier here. Anyway Just see this announcement from BSE...
Pursuant to the Scheme, the real estate business of the Company has been demerged to Indiabulls Real Estate Ltd. Some of the real estate assets that would be a part of Indiabulls Real Estate Ltd have been valued by Knight Frank, a leading international real estate consultancy Company. Knight Frank has estimated the present value of 100% of the six development projects at Rs 215,690 million. The total present value of Indiabulls Real Estate Ltd's effective ownership in the project Companies undertaking the proposed developments is Rs 151,250 million.
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On equity capital of 3399.7 million, Book value comes out to be 446 INR per share. Basant jee can you derive listing value based on some real estate/land bank parameter ?
Unititech's similer value is 621 INR (sharekhan report) and it is outperformer rated. It's 52-week high was 13% discount to this value. Assuming same for Indiabulls it's 52 week hight could be 388 INR.
NOTE: It does not include any land bank from purchase of Noble realestate pvt. Ltd.


Edited by vipul - 20/Dec/2006 at 11:16am
Don't bet on pig after all bull & bear in circle.
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basant
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Quote basant Replybullet Posted: 20/Dec/2006 at 10:58am
I was astonished to see that value. From what I read on Tv and here shareholders of India Bulls do look like a winner here and that too quite significantly.
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Quote shahji Replybullet Posted: 21/Dec/2006 at 8:53pm
Basantji which is better to invest for long term Geojit or IndiaBulls
A investor who wants to grow.
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Quote basant Replybullet Posted: 21/Dec/2006 at 9:11pm
India Bulls is what I would suggest especially in the backdrop of its real estate valuation also it is a pan India player. Geojit is a regional player but Vipulji is the best person to advise whether or not buy IndiaBulls at this time. 
'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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Quote prosperity Replybullet Posted: 21/Dec/2006 at 10:14pm

Is IndiaBulls ex benefits or cum benefits ?

I thought by seeing NSE/BSE announcements ... that the real estate business is already demerged and we wont get real estate stock if we had bought the IBFS stock today !
 
Then why has stock gone 10 percent up ???
 
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Edited by prosperity - 21/Dec/2006 at 11:03pm
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