Offline
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
ICICI Bank
Damage Control
Posted by :
winwathTracked by: 0 Boarder
The banks chairman and other top management did the media circuit the last couple days - Almost all tv stations carried the interviews with the bank management.
Management has done a good job to assure investors and account holders (I am one too - pvt client group).
It would have been nice, if the bank just gave one statement - where it comes out clean and lays all the cards on the table - face up.
The management has categorically denied that exposure to US Sub prime is `NONE" - and only a tiny bit has exposure to USA and they have said all their Lehman investments are "investment grade".
In these markets - even investment grades lose a lot of value - It is in the interest of the Bank to come clean and disclose - the type of "investment grade" securities they are invested in.
Unless this is done - it will be under a patch of dark cloud (not the Candlestick chart pattern).
What say you account holders and stock holders?...
Ab iss takale kee sunoo
Posted by :
My MultibaggersTracked by: 0 Boarder
Bernanke Says Economic Recovery `Will Not Happen Right Away`
Oct. 15 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said government efforts to calm financial markets and stem the credit crisis probably won`t result in an immediate economic rebound.
``Stabilization of the financial markets is a critical first step, but even if they stabilize as we hope they will, broader economic recovery will not happen right away,`` Bernanke said today in written remarks to the Economic Club of New York. ``Economic activity will fall short of potential for a time.``
The U.S. is showing increasing signs of falling into a recession, according to economists surveyed by Bloomberg News. The economy shrank at a 0.2 percent annual pace in the third quarter, and will contract 0.8 percent in the last three months of the year, according to the median estimate of economists surveyed earlier this month.
Economists expect U.S. gross domestic product to expand by just 1.2 percent next year as the collapse of the housing market, rising unemployment and constrained credit cause consumers and businesses to curtail spending. Consumer purchases fell 1.2 percent in September, extending the decline to three straight months, Commerce Department figures showed today.
``The housing market continues to be a primary source of weakness in the real economy as well as in the financial markets, and we have seen marked slowdowns in consumer spending, business investment and the labor market,`` Bernanke said. ``Credit markets will take some time to unfreeze.`` ...
Extraordinary Times Require Extraordinary Measures!
Posted by : kadiyaliTracked by: 0 Boarder
RBI has again cut CRR by a further 100bps....
What if OIL KEEP ON FALLING BELOW $70 ?
Posted by : vkk43Tracked by: 0 Boarder
Global liquidity crisis not yet over. Rupee will remain weak for quite sometime as it has been so even when the crude fell from 146$ to 76$. Fresh FIIs money entering Indian Stock Exchange would b limited if rupee depreciation continues. So let us not expect rupee to appreciate in the near term. Thanks for yr views....
In reply to:
What if OIL KEEP ON FALLING BELOW $70 ?
Posted by : IncredibInvest
Rationale behind ruppe strenghtening is-
Crude errosion will infuse liquidity in the world market. Rupee was weekening majorly from FIIs selling from INDIAN equity market.
We expect the inflows coming in to INDIA with eased liquidity worldwide and which will strenthen the demand of ruppe and there by ruppen will strengthen.
But all this is my strong assumption but not the certainity. 
make your money 6 times in 10 years with ICICI Stock
Posted by : kadiyaliTracked by: 0 Boarder
Invest in 2 shares of ICICI Bank every week out of your pocket money for next 100 weeks from this week, and forget about it for further 200 weeks. It should give you a BIG MONEY....
In reply to:
make your money 6 times in 10 years with ICICI Stock
Posted by : IncredibInvest
It is a golden opportunity to invest in the stocks like icici and multiply your money. No bluechip can assure you that kind of return.
I am expecting this stock to atleast touch 2400 in less then 10 years. This is the time for retail investors to invest for a longer period and forget.
Trader always avoid volatility since they trade on both side. But how much on can expect this stock to go down.
Nobody knows the bottom best way is to start buying in at different prices weather stock goes up of decline.
with only one minimum lot of ICICI one will make his money 20 times in 10 years.
He who takes risk and don`t get panic, always wins
Icici should go for buy back....
Posted by : marketmanTracked by: 0 Boarder
Kamat was telling on tv that icici is among srongest banks in the world.... pc/rbi/montek singh etc etc supported the same view.... if icici has lacking of funds to do so,it can borrow from govt/rbi.... even it can ask credit rating agencies(s&p/moody`s/crisil) for money as a loan to do buy back.... all of these people restored confidence in depositors mind,it will be good if they help investors also during this trouble season.... pl note that investors already lost 75% from its peak in icici counter and lost everything in GTB issue,they dont want to repeat here.......
In reply to:
Icici should go for buy back....
Posted by : IncredibInvest
Brilliant idea provided they have funds to do so.
Icici should go for buy back....
Posted by : IncredibInvestTracked by: 0 Boarder
Brilliant idea provided they have funds to do so....
In reply to:
Icici should go for buy back....
Posted by : marketman
The depositors were assured by anlysts/rbi/management/govt/rating agencies.... but investors did not get any type of asssurance from any type of these people....
So,icici will have to do buyback to restore confidence among its investors.... pl note that the icici already taken huge premiums in the follow up issues in recent years.... it will be good for investors if they go for buyback with the part of that money(if tey still have) in present poor conditions....
Hope they have enough cash reserves to do buy back with the maximum price of 420 which is close to its book value.... if there is any shortage of liquidty,can collect from govt on credit basis....
Icici should go for buy back....
Posted by : marketmanTracked by: 0 Boarder
The depositors were assured by anlysts/rbi/management/govt/rating agencies.... but investors did not get any type of asssurance from any type of these people....
So,icici will have to do buyback to restore confidence among its investors.... pl note that the icici already taken huge premiums in the follow up issues in recent years.... it will be good for investors if they go for buyback with the part of that money(if tey still have) in present poor conditions....
Hope they have enough cash reserves to do buy back with the maximum price of 420 which is close to its book value.... if there is any shortage of liquidty,can collect from govt on credit basis.......
What if OIL KEEP ON FALLING BELOW $70 ?
Posted by : IncredibInvestTracked by: 0 Boarder
Rationale behind ruppe strenghtening is-
Crude errosion will infuse liquidity in the world market. Rupee was weekening majorly from FIIs selling from INDIAN equity market.
We expect the inflows coming in to INDIA with eased liquidity worldwide and which will strenthen the demand of ruppe and there by ruppen will strengthen.
But all this is my strong assumption but not the certainity....
In reply to:
What if OIL KEEP ON FALLING BELOW $70 ?
Posted by : vkk43
Thanks for your views. In fact crude can come down to the suggested level but whether rupee will strengthen or not is a matter of doubt, because so long crude has been falling but rupee continues depreciating.
What After the Worst is over.
Posted by : IncredibInvestTracked by: 0 Boarder
This is the question to every border on Moneycontrol they can give thier comments on this....
What if OIL KEEP ON FALLING BELOW $70 ?
Posted by : vkk43Tracked by: 0 Boarder
Thanks for your views. In fact crude can come down to the suggested level but whether rupee will strengthen or not is a matter of doubt, because so long crude has been falling but rupee continues depreciating....
In reply to:
What if OIL KEEP ON FALLING BELOW $70 ?
Posted by : IncredibInvest
We can see crude trading between 70 to 75$ soon.
Which will strengthen rupee atleast by 2%.
Inflation will also be eased.
make your money 6 times in 10 years with ICICI Stock
Posted by : IncredibInvestTracked by: 0 Boarder
You are right and in Stock market only people like you can make money and rest will still try to accomplish thier unfinished wested interests.
So cheers!1!!...
In reply to:
make your money 6 times in 10 years with ICICI Stock
Posted by :
shenoyjn
I agree at present this is a good opportunity to acquire this share. I always felt it was over valued earlier but now at the present rate (around Rs 400 to Rs 450)it is a very good opportunity to acquire. All our experts will not advise buying this but once it crosses Rs 550 they will recommend buying it. That is what they ddi it whenreliance Power hit the market no expert was bold enough to say it is over priced and it should not be subscribed but later all were vociferous in criticising its price band
bounce back can be sharper
Posted by : IncredibInvestTracked by: 1 Boarder
This is a natural tendency of short term investors to book profit on the sharp rise. There is absolutely no reason that icici will reach 725 and won`t go beyond.
Nobody know the basis of pricing but what we know the situation of a company. and it is expected to improve everytime in the future since this is the worst time for this stock considering-
tight liquidity
high interest rate
FIIs selling
high inflation on the back of crude and a high GDP over the years
weekest currency level
Now what to expect further when u see the worst.........
In reply to:
bounce back can be sharper
Posted by : marketbear
If it touches those level of 725 which is most unlikely, people should sell this stock as it will not be dream stock going forward till financial crisis is not resolved and resolving the crisis is not a one month affair. It will take at least a year.
make your money 6 times in 10 years with ICICI Stock
Posted by : shenoyjnTracked by: 0 Boarder
I agree at present this is a good opportunity to acquire this share. I always felt it was over valued earlier but now at the present rate (around Rs 400 to Rs 450)it is a very good opportunity to acquire. All our experts will not advise buying this but once it crosses Rs 550 they will recommend buying it. That is what they ddi it whenreliance Power hit the market no expert was bold enough to say it is over priced and it should not be subscribed but later all were vociferous in criticising its price band...
In reply to:
make your money 6 times in 10 years with ICICI Stock
Posted by : IncredibInvest
It is a golden opportunity to invest in the stocks like icici and multiply your money. No bluechip can assure you that kind of return.
I am expecting this stock to atleast touch 2400 in less then 10 years. This is the time for retail investors to invest for a longer period and forget.
Trader always avoid volatility since they trade on both side. But how much on can expect this stock to go down.
Nobody knows the bottom best way is to start buying in at different prices weather stock goes up of decline.
with only one minimum lot of ICICI one will make his money 20 times in 10 years.
He who takes risk and don`t get panic, always wins
CRR cut is inevitable. RBI and Govt. under tremendous pressure
Posted by : IncredibInvestTracked by: 0 Boarder
Any further rate cut will fuel this over beaten market with lot of liquidity.
After the rate cut I see the market going further up to 14500 in a very quick time. we are at a jucncture where there is very less to loos but lot to gain.
With ease of liquidity banks will gain most and they will play vital role to take sensex to 14500.
This will happen pre dewali.
...
Boarders Outlook on ICICI Bank
positive outlook
42 queries on ICICI Bank
see moreMore from the Banks - Private Sector Sector
Boarders tracking ICICI Bank
see more News Updates on ICICI Bank
