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can tell me target of 2009?
Posted by :
chief_kamaniTracked by: 0 Boarder
ramesh.sahu-I like Reliance Comm very much!!
...
In reply to:
can tell me target of 2009?
Posted by :
ramesh.sahu
in past two days rcom resume strength is this effect of gsm service or big player start to accumulate some broker alo give best buy call of 2009 i have 46 qty an average price 204 can i buy more at cmp or again wait for sub 200 rply expect from respected mmbs thanks 
can tell me target of 2009?
Posted by : ramesh.sahuTracked by: 0 Boarder
in past two days rcom resume strength is this effect of gsm service or big player start to accumulate some broker alo give best buy call of 2009 i have 46 qty an average price 204 can i buy more at cmp or again wait for sub 200 rply expect from respected mmbs thanks ...
RCOM – GSM LAUNCH RE-RATES THE STOCK
Posted by :
sumi00Tracked by: 0 Boarder
Your point noted and there may be some merit but filled with some assumptions which can`t be substantiated. Price of the service is not the only thing which makes a telecom player world class. Bharati has built something which will take yearssssss for RCom to do the same. If you talk about competition then Vodafone is far more serious threat to Bhratai than Rcom. It will never be able to match Bharati in terms of PE. It is FCFE -ve this yr and will remain so for another yr or two whereas Bharati will turn +ve this yr itself.Me too invested in this stock but not a perennial bull. Be realistic ...agreed somewhat upside left but not going to run away. ...
In reply to:
RCOM – GSM LAUNCH RE-RATES THE STOCK
Posted by : vtycoon
2008 ended with Reliance Communication (RCom) hogging all the limelight with the announcement of the nationwide launch of GSM services covering 11,000 towns in the first phase and in the next few months it would be available in 24,000 towns. This rollout of GSM is six months ahead of schedule, and came with a price tag of Rs.10,000 crore, invested over the last 15 months.
The stock markets have given its wholehearted support to RCom and this was very much evident in the way the share price has jumped since the last two days. But after the haze of the launch and the party of the New Year settled down, there are quite a few questions which come to mind.
First the basic questions:
What does GSM exactly mean for us?
GSM stands for Global System for Mobile communications and is the most popular standard for mobile phones around the world. This is a 2G or second generation mobile phone system. GSM is good for people as it gives benefits to roam and switch carriers without switching phones. Since many GSM network operators have roaming agreements with foreign operators, users can often continue to use their mobile phones when they travel to other countries.
What is the benefit of CDMA and GSM together?
CDMA stands for Code Division Multiple Access. It is a 3G phone system and it is said that eventually world over, all service providers will switch over from GSM to CDMA. It has faster data rate, including wireless broadband. GSM has a SIM card, which we all are familiar with and those coming from USA, usually say that their phones do not work here in India. But if there is dual technology, this switchover is also easier. It’s just that 73% of the world today uses GSM and hence you need it and the rest of the world uses CDMA, so you need that too and CDMA is where GSM will eventually migrate to.
Why is this big news for Rcom?
Prior to the launch, BSNL, Bharti Airtel, Hutch, Idea, Aircel, Spice and MTL were the main GSM providers in India and Rcom , alongwith Tata Indicom were the main CDMA providers in India. So now, after this launch, Rcom is the only nationwide service provider with CDMA and GSM. It is the second largest service provider after Bharti in India and now with the aggressive GSM rollout all over India, surely, it might be able to eat away some market share from Bharti. And once number portability also comes in, Bharti would surely have sleepless nights.
What this means is that inorder to capture more market share, in the coming days, there is sure to be a rate cut war all over again, initiated by RCom, which will eventually lead to the others also towing the line. This would be good for us! 2009 would thus mark falling mobile rates, which as such is amongst the cheapest in the world right now.
Now for the more difficult questions….
Six months ahead of schedule but would that mean profits would also ring in earlier for RCom?
Though RCom has launched the GSM nationwide, there have been no advertisements about the service. There is no news about the call rates or even about the price of the handsets. This should have been ideally done along with launch because without knowing these details, the launch actually has no real meaning for the user. Yes, for the stock market it is big news but for the user, it is news only when we know the price of the product. RCom might take a while to rollout these price details but surely the 6-months-ahead-launch would help boost the bottomlines. And that is indeed good news.
The GSM launch cost Rs.10,000 crore and it is planning some more capex and is also buying back its FCCB. Is there enough cash?
The company has over Rs 10,000-crore in cash reserves ($2 billion at the current exchange rate). This includes about $600 million worth of investments in mutual funds overseas. Most of the capex of the GSM has been provided for. The buy back is of outstanding foreign currency convertible bonds worth only $25 million or Rs121.2 crore and bonds worth $975 million are still outstanding. The company is also looking at the option of converting a portion of the rupee reserves into foreign currency for the buyback, should the need arise.
For the 3G network it is planning on a capex of Rs2,000 crore-Rs4,000 crore on 3G network. And if the market conditions improve, it would raise funds via Reliance Infra in 2009.
The company is tightly leveraged for now but these investments are essential for growth and if it misses out now, it will miss the bus forever. Pains of these capex are sure to be felt but company should be able to make up for it through its pan-India presence and once number portability comes, RCom could race ahead to be the numero uno.
Does Rcom and Bharti need to be re-rated?
Definitely! The GSM rollout of RCom has changed the scene overnight for Bharti, which is quoted at a premium due to the lead it has over the others. But that could now change and RCom, with aggressive Anil Ambani behind it, is sure to catch
RCOM – GSM LAUNCH RE-RATES THE STOCK
Posted by : vtycoonTracked by: 0 Boarder
2008 ended with Reliance Communication (RCom) hogging all the limelight with the announcement of the nationwide launch of GSM services covering 11,000 towns in the first phase and in the next few months it would be available in 24,000 towns. This rollout of GSM is six months ahead of schedule, and came with a price tag of Rs.10,000 crore, invested over the last 15 months.
The stock markets have given its wholehearted support to RCom and this was very much evident in the way the share price has jumped since the last two days. But after the haze of the launch and the party of the New Year settled down, there are quite a few questions which come to mind.
First the basic questions:
What does GSM exactly mean for us?
GSM stands for Global System for Mobile communications and is the most popular standard for mobile phones around the world. This is a 2G or second generation mobile phone system. GSM is good for people as it gives benefits to roam and switch carriers without switching phones. Since many GSM network operators have roaming agreements with foreign operators, users can often continue to use their mobile phones when they travel to other countries.
What is the benefit of CDMA and GSM together?
CDMA stands for Code Division Multiple Access. It is a 3G phone system and it is said that eventually world over, all service providers will switch over from GSM to CDMA. It has faster data rate, including wireless broadband. GSM has a SIM card, which we all are familiar with and those coming from USA, usually say that their phones do not work here in India. But if there is dual technology, this switchover is also easier. It’s just that 73% of the world today uses GSM and hence you need it and the rest of the world uses CDMA, so you need that too and CDMA is where GSM will eventually migrate to.
Why is this big news for Rcom?
Prior to the launch, BSNL, Bharti Airtel, Hutch, Idea, Aircel, Spice and MTL were the main GSM providers in India and Rcom , alongwith Tata Indicom were the main CDMA providers in India. So now, after this launch, Rcom is the only nationwide service provider with CDMA and GSM. It is the second largest service provider after Bharti in India and now with the aggressive GSM rollout all over India, surely, it might be able to eat away some market share from Bharti. And once number portability also comes in, Bharti would surely have sleepless nights.
What this means is that inorder to capture more market share, in the coming days, there is sure to be a rate cut war all over again, initiated by RCom, which will eventually lead to the others also towing the line. This would be good for us! 2009 would thus mark falling mobile rates, which as such is amongst the cheapest in the world right now.
Now for the more difficult questions….
Six months ahead of schedule but would that mean profits would also ring in earlier for RCom?
Though RCom has launched the GSM nationwide, there have been no advertisements about the service. There is no news about the call rates or even about the price of the handsets. This should have been ideally done along with launch because without knowing these details, the launch actually has no real meaning for the user. Yes, for the stock market it is big news but for the user, it is news only when we know the price of the product. RCom might take a while to rollout these price details but surely the 6-months-ahead-launch would help boost the bottomlines. And that is indeed good news.
The GSM launch cost Rs.10,000 crore and it is planning some more capex and is also buying back its FCCB. Is there enough cash?
The company has over Rs 10,000-crore in cash reserves ($2 billion at the current exchange rate). This includes about $600 million worth of investments in mutual funds overseas. Most of the capex of the GSM has been provided for. The buy back is of outstanding foreign currency convertible bonds worth only $25 million or Rs121.2 crore and bonds worth $975 million are still outstanding. The company is also looking at the option of converting a portion of the rupee reserves into foreign currency for the buyback, should the need arise.
For the 3G network it is planning on a capex of Rs2,000 crore-Rs4,000 crore on 3G network. And if the market conditions improve, it would raise funds via Reliance Infra in 2009.
The company is tightly leveraged for now but these investments are essential for growth and if it misses out now, it will miss the bus forever. Pains of these capex are sure to be felt but company should be able to make up for it through its pan-India presence and once number portability comes, RCom could race ahead to be the numero uno.
Does Rcom and Bharti need to be re-rated?
Definitely! The GSM rollout of RCom has changed the scene overnight for Bharti, which is quoted at a premium due to the lead it has over the others. But that could now change and RCom, with aggressive Anil Ambani behind it, is sure to catch...
Range for January of 150-250
Posted by : marketbearTracked by: 0 Boarder
you may be talking about messages of december month only. If possible you see messages from August 2008 which are still there in the homepage. You enjoy your profits and need not pay attention to my messages. But you should not call anyone stupid. This stock market itself is stupid and does anything like it. You are talking about how I made profits that I can explain you. I am buying puts since January 2008. Just december month was not much good for me. But other months I have done extremely well. So one month does not impact my overall profitablity. I have bout some momentum stocks in october like Suzlon, Renuka, Bajaj Hindustan, Balrampur Chini, Sakti Sugar to be named few. I will not invest in frontline stocks except Tata Steel, Hindalco, Tata Motors, Maruti for long-term.
Enjoy your profits, and avoid bad words for anyone. Before calling anyone stupid, first imagine what will happen if other call you the same thing and what will be the feelings. We should not get out of control while replying anyone`s message. Sorry, if anything in message is hurting you. It is just suggestion in good faith. Who knows (100%) where market will go? Why should we fight unnecessarily. Both bulls and bears gets punnishment when they to anything beyond the limits.
regards...
In reply to:
Range for January of 150-250
Posted by : archit256
I m not stupid...I dint have to specifically follow your messages; whenever I check messages all I find is the overflow of your messages suggesting to get out of the stock. Have you even once suggested to buy the stock?? Then how did u make profits???
The answer is you kept telling people to sell it and then bought it when it fell, and by the way I dint value your opinion and am still making profits, since I never sold the stock.
Range for January of 150-250
Posted by : rajat1416Tracked by: 0 Boarder
Stop fighting and be realistic the tgt of 300/180 only after the results. but booking of profits is advisable at regular intervals. The art of making money is good entery and exit points rather then being rigid with tgts. As such rigidity is assets only and only at one occasion. save it for that and be flexible in your ideas...
In reply to:
Range for January of 150-250
Posted by : archit256
I m not stupid...I dint have to specifically follow your messages; whenever I check messages all I find is the overflow of your messages suggesting to get out of the stock. Have you even once suggested to buy the stock?? Then how did u make profits???
The answer is you kept telling people to sell it and then bought it when it fell, and by the way I dint value your opinion and am still making profits, since I never sold the stock.
Range for January of 150-250
Posted by : amj2911Tracked by: 0 Boarder
C`mon fellas, & stop this fight for supermacy & would request you to post something mature in concept.
My advise to our friends is to listen to all & impliment on one`s own experience. Our friends "market bear" & " Siera" have been trying the same fight for proving the other wrong. Frankly, these messages are only occuping space & not at all adding any value.
Boss, let everyone post their messages based on one`s experience & collectively we can make better sense.
No offense Intended... Have a Great Year 2009 & I wish we all will be minting money.. Cheers...
In reply to:
Range for January of 150-250
Posted by : archit256
I m not stupid...I dint have to specifically follow your messages; whenever I check messages all I find is the overflow of your messages suggesting to get out of the stock. Have you even once suggested to buy the stock?? Then how did u make profits???
The answer is you kept telling people to sell it and then bought it when it fell, and by the way I dint value your opinion and am still making profits, since I never sold the stock.
Range for January of 150-250
Posted by : archit256Tracked by: 0 Boarder
I m not stupid...I dint have to specifically follow your messages; whenever I check messages all I find is the overflow of your messages suggesting to get out of the stock. Have you even once suggested to buy the stock?? Then how did u make profits???
The answer is you kept telling people to sell it and then bought it when it fell, and by the way I dint value your opinion and am still making profits, since I never sold the stock....
In reply to:
Range for January of 150-250
Posted by : marketbear
if you are calling me stupid then you are most stupid since you followed my call but couldn`t hold on the same and made losses because I have booked good profits on short position. Right now also my advice is same to get out of this stock at every strength and this will come to know every Rcom Bull.
book profits
Posted by : sieraTracked by: 0 Boarder
This fellow is shouting to sell every day from 200 levels beware of this fellow if one has brought at 200 to 205 levels can only book paritial profit since this stock has moved 20 percent in last 5 trading days nothing more then that...
In reply to:
book profits
Posted by : marketbear
Short term investors should book profits in Rcom as stock is at it`s resistance zone now. Do not listen to bulls who are giving target above 300 which they may be using for their own benefits.
book profits
Posted by : marketbearTracked by: 0 Boarder
Short term investors should book profits in Rcom as stock is at it`s resistance zone now. Do not listen to bulls who are giving target above 300 which they may be using for their own benefits....
Range for January of 150-250
Posted by : marketbearTracked by: 0 Boarder
I don`t listen to mindless people...
In reply to:
Range for January of 150-250
Posted by : siera
What ever you post you are just a loser in this market accept it
Range for January of 150-250
Posted by : marketbearTracked by: 0 Boarder
I know about myself very well and do not pretend to be wise trader. Otherwise you woudn`t have stopped replying in falling market....
In reply to:
Range for January of 150-250
Posted by : siera
A real trader and investor will calculate pie to pie while looking into brokerage it is not just throwing money to brokers on the brokerage this you will not understand since you r hald filled trader so it is very difficult to make u understand all these things more over icicidirect will never open in first half and hour in morning and last half in closing god knows how you will trade in that and you talks you are a big time trader
i have full control and my nerves in my full life time it seems you have lost control over your nerves system since your short stocks are going up day by day and due to that you are losing control on main central nerves system has i have earlier told you get repair that first and come to the market atleast you can stop losing money
Range for January of 150-250
Posted by : marketbearTracked by: 0 Boarder
if you are calling me stupid then you are most stupid since you followed my call but couldn`t hold on the same and made losses because I have booked good profits on short position. Right now also my advice is same to get out of this stock at every strength and this will come to know every Rcom Bull....
In reply to:
Range for January of 150-250
Posted by : archit256
Marketbear you are just stupid..U have been telling people to get our of Rcom every day for the past month which is when i started following. U kept saying it will go down all the way and shit like that..I dont understand why are you even interested in this share at all?
Range for January of 150-250
Posted by : chief_kamaniTracked by: 0 Boarder
archit256-Reliance Comm will move up!!...
In reply to:
Range for January of 150-250
Posted by : archit256
Marketbear you are just stupid..U have been telling people to get our of Rcom every day for the past month which is when i started following. U kept saying it will go down all the way and shit like that..I dont understand why are you even interested in this share at all?
Range for January of 150-250
Posted by : archit256Tracked by: 0 Boarder
Marketbear you are just stupid..U have been telling people to get our of Rcom every day for the past month which is when i started following. U kept saying it will go down all the way and shit like that..I dont understand why are you even interested in this share at all?...
In reply to:
Range for January of 150-250
Posted by : marketbear
People should get out of Rcom as days forward will not be good for telecom sector. 3G auctions also will get delayed beyond January raising uncertainty. Stock will underperformer in January compared with the indices. If stock goes up to 250 (may not be possible) then immediately go short on the stock as stock has not potential to reach more than that in short term. Forget the targets of so many boarders like 340/400/450 as these targets makes no sense in the short term. Reliance Comm range for January can be between 150-250
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