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Reliance energy-stock to be cosidered

Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Stock Synopsis
Forum Discription: A bried discussion of companies on very specific matters. Normally this is the prelude for further research as always members would be discussing quality companies with good management only
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1318
Printed Date: 21/Apr/2025 at 12:14pm


Topic: Reliance energy-stock to be cosidered
Posted By: PKB2000
Subject: Reliance energy-stock to be cosidered
Date Posted: 30/Oct/2007 at 9:14pm
As I heard the other two mega power projects will be cleared by Finance ministry within December 2007- this stock needs to be considered besides all known parameters by most of the investor in Indian stock market.
So I wish to keep this area dedicated for this script.


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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



Replies:
Posted By: PKB2000
Date Posted: 21/Nov/2007 at 11:02am
The stock has gone down substantially in these days of winter shopping!

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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


Posted By: deveshkayal
Date Posted: 22/Nov/2007 at 6:57pm
http://moneylife.in/CMS.nsf/AL3?OpenForm&News~Investing~Instant%20Value-creation - Instant Value-creation . Today’s increased value of an existing power company, REL, comes from the value that another power company, RPL, which will create value tomorrow.

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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


Posted By: WarrenJr
Date Posted: 22/Nov/2007 at 6:59pm
I cannot believe why anyone would want to buy a power generating co. They are capital intensive and the rates they charge to customers is heavily regulated by government.
 
I thought REL was expensive at 600 but was surprised (shocked) when the ticker showed 1600 or so Smile
 
The bull market end may be near


Posted By: PrashantS
Date Posted: 22/Nov/2007 at 7:49pm
well not so early .what if it goes to 2500 will u say the samething .I doubt if we can call the top of any bull mkt crazy things are yet to begin.


Posted By: PKB2000
Date Posted: 23/Nov/2007 at 12:07pm
Power Grid Corporation of India Ltd has informed BSE that the Company has entered into a Joint Venture on November 23, 2007 with Reliance Energy Ltd. The Shareholders' Agreement and other Agreements to this effect were signed between the Company and Reliance Energy Ltd / Joint Venture Company on November 23, 2007 at Delhi. The Joint Venture Company has in its scope execution of about 300 kms. Transmission Lines from Parbati to Koldam and Koldam to Ludhiana. The Company will have a 26% equity holding in the Joint Venture Company and Reliance Energy Ltd will have 74% equity holding.

The above lines are part of elements of the Transmission system associated with Generation Projects viz. Parbati-II HEP and Koldam HEP. NHPC is establishing 800MW Parbati-II HER and NTPC is establishing 800MW Koldam HEP in the state of Himachal Pradesh.
Source www.bseindia.com

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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


Posted By: WarrenJr
Date Posted: 23/Nov/2007 at 12:20pm
Originally posted by PrashantS

well not so early .what if it goes to 2500 will u say the samething .I doubt if we can call the top of any bull mkt crazy things are yet to begin.
Interesting, The talking heads on CNBC who usually keep boosting their stocks were the ones who were laughing at the valuations right now.
No one is talking of execution risk, everyone is assuming the most rosy picture. But unfortunately, real life is not all roses, there are plenty of thorns.
Remember what Warren Buffet said "Be greedy when other are afraid and afraid when others are greedy"Smile


Posted By: PKB2000
Date Posted: 23/Nov/2007 at 12:43pm
http://www.theequitydesk.com/forum/forum_posts.asp?TID=1390&PID=48191#48191">bullet Posted: Yesterday at 11:11pm
"Before TED, my pet cat used to pick better stocks than me by pawing at the scrolling ticker on CNBC Unhappy
 
After TED, I'm doing quite well but I still consult her for my big investments decisions.


Edited by smartcat - Yesterday at 11:37pm
"
 
Courtesy
 
 
The pet must be booking profit in every rise and it must be richer people than you.
Do u have big Q behind ur pet - I mean if I can use for some time?
I do not have much time to read Warrent Buffet. We black Indian Nigar---Tongue even do not have the time to watch the ticker!


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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


Posted By: PKB2000
Date Posted: 01/Dec/2007 at 4:20pm
http://www.bseindia.com/qresann/news.asp?newsid=%7bD241A161-7BD6-495C-BCD9-D04ABC5A93CC%7d - Reliance Energy - Media Release

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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


Posted By: PKB2000
Date Posted: 01/Dec/2007 at 4:20pm

Reliance Energy - Board Meeting on Dec 02, 2007

News Body:  

Reliance Energy Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on December 02, 2007 to consider proposal for raising long term resources by way of preferential allotment of equity and / or equity related securities, and / or long term debt, and / or other financial instruments to augment funds for its various investments and infrastructure development projects.



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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


Posted By: PKB2000
Date Posted: 02/Dec/2007 at 9:11am

 “We have a great sense of excitement at the unprecedented opportunities”------ said R-ADAG chairman Anil Ambani”. -------“REL is expected to divert a chunk of the funds infused to its infrastructure projects. In October, the company had approved a proposal to transfer----- its infrastructure order book stands Rs 140000 crore, which includes five road projects, two metro rail projects and a Rs 6750 crore real estate project in Hyderabad.-----

The Rs 800 crore equity infusion will be the second largest by the promoters of an Indian company after the Rs 17000 crore infusion in reliance Industries, in February 2007”

 

“Anil stake rises from 43 – 45%”

“Post infusion book value per share will increase to Rs 720 from Rs 447”

 

Reference: The economic times Pune Monday 5 December 2007

 

 

 

 

Interesting



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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


Posted By: PKB2000
Date Posted: 02/Dec/2007 at 9:21am
Reliance Energy Limited has informed the Exchange that at the meeting held on December 02, 2007, the Board of Directors of the Company have approved the proposal for new equity capital infusion of up to Rs.8,000 crore to the Company. It is proposed to seek the necessary approval of shareholders through Postal Ballot. Further, the Company has submitted to the Exchange a copy of the media release dated December 02, 2007, titled "Reliance Energy to substantially enhance Net Worth and borrowing capabilities to pursue Mega Opportunities; Reliance Anil Dhirubhai Ambani Group to infuse New Equity Capital of up to Rs. 8,000 Crore; New Equity Capital infusion at a price of Rs. 1,812 per share; A premium of 5% to market price and SEBI formula; Capital infusion at substantial premium reflects strong vote of confidence in future growth prospects". A copy of the media release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). http://www.nseindia.com/content/corporate/REL_MR_03122007.zip - For more details click here.
Reference: NSEINDIA.com

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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


Posted By: xbox
Date Posted: 02/Dec/2007 at 10:26am
3x from here in 3 year is a close possibility.

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Don't bet on pig after all bull & bear in circle.



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