Joined: 20/Aug/2007
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Posted: 23/Aug/2007 at 8:43am
Kindly note in my opinion debt is not a bad word,with dicipline ofcourse.I think a overdraft facility realy helps in appling for the ipo and enables market entry at times of steep drops.Yes, it does require alot of dicipline but doesnt all stock purchase require it.
Joined: 02/Sep/2006
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Posted: 24/Aug/2007 at 12:51pm
I guess there are some readers of this Forum who work for Kotak. Maybe they could blow the whistle to urge their responsible senior personnel to sort out problems faced by Captain from Patna.
Life can only be understood backwards—but it must be lived forwards
Joined: 20/Aug/2007
Location: India
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Posted: 24/Aug/2007 at 2:09pm
Thank you Kulmanjee, it is not that I am very sore with Kotak. At the out set when I did not understand a word of equity and thought investment was only FD,NSC and PPF other than my core business of real estate, I opted for the PMS sceme also with aclear understanding that I wanted capital protection as much as growth. Now my Risk taking appitite has gone up so I think informed decisions can be made by me now.
Joined: 19/Sep/2006
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Posted: 26/Aug/2007 at 4:47pm
Captainjee,
Just read the entire story about the PMS... I am wondering if all PMS guys do this ? I read advt last year by MOST claiming he has generated more than 300 % returns? If this is the case how can these guys claim something like this. I know few people who doesnt understand market but has handed over the money to these guys ...God knows what could be they earning.
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Posted: 04/Sep/2007 at 10:04pm
Bsant Sir, I was wondering if you could advice on the IPO funding scheme. A scheme on offer for 5 lakh Power Grid is available at 5% margin and 14% annual interest. What is the prospect of Power Grid ,in the above scheme at 20 times oversubscription one gets 16.5k shares @ 61. Is power Grid good at 61 with a1 year horizon.
Joined: 01/Jan/2006
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Posted: 04/Sep/2007 at 10:34pm
I have never worked applying for IPO under margin based funding but surely if an opportunity comes along it is more about company dynamics then the rate of interest which governs our returns.
I am not aware of Power grid as an issue!
'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
Joined: 20/Aug/2007
Location: India
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Posted: 06/Sep/2007 at 10:14am
Basant Sir, I have taken a call on the PMS and have asked the shares and proceds to be tfd to my account this way I can retain what I like and dump the rest. Can you guide me on the prospect of BPL and Bata?
Joined: 01/Jan/2006
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Posted: 06/Sep/2007 at 10:23am
BPL and Bata - I would avoid them but at this time i have no information so maybe someone with some info can advice.
'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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