A all time Great Investor congratulated on my choice of buying big & to keep it for portfolio. When asked about expectation from ICICI Pru, than his reply stunned me. Rs. 5000/- or beyond a Piece in 7-8 Yrs.
ICICI 2nd qtr Results date is 25th oct, dividend record date is 2nd nov...so because of good results it acn go up, but because of dividend it can also come down...so whether to sell on results day or few days before record date?
This message is for shareholders of ICICI PRUDENTIAL
Meeting of Board of Directors on 25-10-2016 to approve the audited accounts for quarter ended 30-09-2016 and to consider the payment of interim dividend, if declared. RECORD DATE 03-11-2016
Any stock which lists, goes down and then crosses its listing price, often does several multiples of where it was. To give you a small example, Bharti listed I think at Rs 40, went to Rs 20 and then went to Rs 1,200. Facebook listed at about Rs 40, came down to Rs 22 and today is at Rs 120. So, the day to buy ICICI Prudential is the day it crosses Rs 340 and then sky is the limit because at that point everybody who has a public issue will start winning."
As mentioned in my earlier posts..... stock when in discount, I bought more and average. today stock price 324.... work the XIRR 40% :)
So its not what listing and GMP jokers out here say... its the fundamentals and promoter intent along with macro factors that make money for you in long run.... so we shall discuss further 3 yrs from now..... till then adios amigos.... happy investing
In good quality stocks retail investors should not do short time punting. it is better to hold for the long term. Discl: have 44 shares in the portfolio
"Any stock which lists, goes down and then crosses its listing price, often does several multiples of where it was. To give you a small example, Bharti listed I think at Rs 40, went to Rs 20 and then went to Rs 1,200. Facebook listed at about Rs 40, came down to Rs 22 and today is at Rs 120. So, the day to buy ICICI Prudential is the day it crosses Rs 340 and then sky is the limit because at that point everybody who has a public issue will start winning."
Read more at: http://www.moneycontrol.com/news/stocks-views/buy-icici-prudential-above-rs-340-says-ashwani-gujral_7548141.html?utm_source=ref_article
True that ..Now this could move only one way .that''s up ...I hope to see those who sold below the issue price scramble to purchase again at 500 + ...When the bearish voices would be too low to be heard. ...
You don''t sell ICICI PRU fearing a 10 % loss in short term ...Like I had said before ..Insurance business in India is at a nascent stage and ready to thrive. The scope is beyond the imagination of many, especially those who have been advocating selling .... I see this scrip matching MARUTI''s excellence in the years to come ....Don''t sell if you have it ..You won''t regret the decision ..trust me.
I sold my allotted 44 shares @310 and it started running like dark horse best of luck for those who dare to hold.
1523. Ipo tracker| Link| Bookmark|
October 6, 2016 11:08:16 AM
Top Contributor (500+ Posts, 200+ Likes)
5/10/2016 Ic pru nse+bse total turnover = 65,23,340 Delivered qty = 35,21,379 Delivered qty % = 53.98%. More than 50% marked for delivery, higher than normally of 35-40%. In coming days 334 will have to be breached by huge volumes, for further gains.