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Reliance Petroleum
RPL is only stock to latch on to : Dhawan
Posted by :
Be and MakeTracked by: 0 Boarder
Dhawan told CNBC-TV18, "Reliance Petroleum is the only stock that the investor would probably try to latch on to, as everyday goes by or near the start date to the refinery and lot of investors have made decent profits in it over the last couple of years.
aug 19 th 2008
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with thanks
be and make...
Cues from FnO: Short term bounce?
Posted by : Be and MakeTracked by: 0 Boarder
Dear calculus – Good morning. Yes, you are absolutely right ‘A win win for all’. Good to see your analysis. From here (as it reaches the production starting date) RPL is going to outperform the whole mukesh group stocks.
With thanks
Be and make
...
In reply to:
Cues from FnO: Short term bounce?
Posted by : calculus
The share started performing well after the Chairman of IOC said to the press that OMCs would start buying diesel from RIL to tide over the shortage of diesel in the upcoming festive season. Since both RIL & RPL have special EOU status, this would require a modification in the EOU act to enable RIL/RPL to sell products to OMCs. I think this modification could also be extended well beyond the festive season.
The Chaturvedi committee has recommended an export parity pricing for products to reduce the underecoveries of the OMCs. However this would cause the profits of the refineries to come down, making it zer sum game for the govt.
However RIL can sell at export price because it causes no harm to RIL/RPL because they are getting the export price anyway. Their true benefit lies in the tax exempt status which would not be changed even when they supply to the OMCs (by modifications to the EOU act).
A win win for all.
Lets see if the govt is able to pull it off. 
Reliance petro may fall to 150 once again
Posted by : vkk43Tracked by: 8 Boarders
Market is at present in an uncertain territory and therefore, it is difficult to take a call for one year for this share. However, in long term the share should give decent profits....
In reply to:
Reliance petro may fall to 150 once again
Posted by :
kris9
sir whr do you see rpl 12 months from now?
regrds
Cues from FnO: Short term bounce?
Posted by : calculusTracked by: 0 Boarder
The share started performing well after the Chairman of IOC said to the press that OMCs would start buying diesel from RIL to tide over the shortage of diesel in the upcoming festive season. Since both RIL & RPL have special EOU status, this would require a modification in the EOU act to enable RIL/RPL to sell products to OMCs. I think this modification could also be extended well beyond the festive season.
The Chaturvedi committee has recommended an export parity pricing for products to reduce the underecoveries of the OMCs. However this would cause the profits of the refineries to come down, making it zer sum game for the govt.
However RIL can sell at export price because it causes no harm to RIL/RPL because they are getting the export price anyway. Their true benefit lies in the tax exempt status which would not be changed even when they supply to the OMCs (by modifications to the EOU act).
A win win for all.
Lets see if the govt is able to pull it off. ...
In reply to:
Cues from FnO: Short term bounce?
Posted by : Be and Make
dear K - What a bounce back it made. In last hour of trade it moved up sharply with a increase of 33 lack shares in OI. Very very strong long positions build up. Even in sep series 19lack shares added in OI means 75% up in OI. wow what a splended performance, great cues.
all the best
with thanks
be and make
RPL AND IDFC
Posted by : gud investorTracked by: 1 Boarder
is it right time to buy this rpl and idfc ?...
Cues from FnO: Short term bounce?
Posted by : Be and MakeTracked by: 0 Boarder
dear K - What a bounce back it made. In last hour of trade it moved up sharply with a increase of 33 lack shares in OI. Very very strong long positions build up. Even in sep series 19lack shares added in OI means 75% up in OI. wow what a splended performance, great cues.
all the best
with thanks
be and make...
In reply to:
Cues from FnO: Short term bounce?
Posted by : KARUNAS
I think RPL will the best return amoungst the Reliance pack by the year end.
Reliance petro may fall to 150 once again
Posted by : kris9Tracked by: 8 Boarders
sir whr do you see rpl 12 months from now?
regrds...
In reply to:
Reliance petro may fall to 150 once again
Posted by : vkk43
Thanks for your views. Let us wait and watch its next support level.
Earning estimates for RPL FY09
Posted by : Be and MakeTracked by: 0 Boarder
dear aditya - The worst case EPS may not be considered right now. Because production is ahead of schedule due to that even in FY 09E the expected EPS would be around 12. Then considering the 15 PE then 180/- is the fair value for FY09. But RPL is a emerging company and we have to look into it aiming the full fiscal years earnings. Means it will post 25 EPS for FY10. Then you can decide what will be the right price to enter in this stock.
with thanks
be and make...
In reply to:
Earning estimates for RPL FY09
Posted by : aditya1984
So according to worst EPS ie 6 wht will be the right price to Enter RPL
Reliance petro may fall to 150 once again
Posted by : vkk43Tracked by: 8 Boarders
Thanks for your views. Let us wait and watch its next support level....
In reply to:
Reliance petro may fall to 150 once again
Posted by : Guest
your are correct rpl is heading towards 145 mark.god knows where it will find support.
Reliance Petroleum looks weak: Bose
Posted by : Be and MakeTracked by: 0 Boarder
dear G - yes, it gets the momentum right now by the announcemnt of OIL sec. Hope this will sustain.
with thanks
be and make...
In reply to:
Reliance Petroleum looks weak: Bose
Posted by : Guest
Tomorrow it will look strong and then stronger and will touch 200 levels soon. Isn\\\\`t?
do not sell rpl
Posted by : Be and MakeTracked by: 0 Boarder
dear mars attack - According to the charts RPL looks very weak and is trading below the 30day DMA is around 164/- but nothing to worry when speaking fundamentally. The stock is trading in the band 150-180/- from last couple of months. It is the time to add much in our bag.
For FY10 the worst case EPS is around 20/- so when we are considering the CMP we may not loose under any circumstances.
These are the great opportunities to grab this stock.
In the Fno space Sep month underlying showing good resilience and huge long positions building. But, the Aug series looks little bit weak. Today huge long positions building in RPL which is good sign for short term. But, please observe the cues keenly before taking a trading call.
Regarding the crude, yes definitely it will act as a key trigger if it slips below the crucial 110/- mark. Some experts expect that crude will move further to 120+levels from here due to unwinding of short positions.
In my view, it is good time add the RPL in our bags.
With thanks
Be and make
...
In reply to:
do not sell rpl
Posted by : mars attack
dear be and make it seems like rpl is dissapointing us all.whats happening in the f&o?currently crude is trading @ 112$ per barrel.will it have a trigger on the markets?
Reliance Petroleum looks weak: Bose
Posted by : somnath1971Tracked by: 0 Boarder
Dear Mr.Guest,
Don't talk like folish, specially in this market.I am watching for long time your coments,In every sector u r falioure,In every coments there is no technical base or nor any market report, Sometime u question about some sector and answer the same question after few minutes, Really your mental condition is not good, I have seen lot of sector u have written I have 4000 share, 5000 share, I think all are false, Whatever u written if u have that quantity share u will be the king of Dalal Street...
In reply to:
Reliance Petroleum looks weak: Bose
Posted by : Guest
Tomorrow it will look strong and then stronger and will touch 200 levels soon. Isn\\\\`t?
Earning estimates for RPL FY09
Posted by : Be and MakeTracked by: 0 Boarder
Dear manju – Better to hold it for two months, you may not loose money. I already gave somany calls on RPL about the future prospectus. You too can notice that RPL was in the 150-180/- band and whenever it reaches the either end of the band big reversal is happening. Now the rpl near to the bottom of the band and around the Current level the reversal might happen. I think do you have gone through my tag ‘what are the key concerns for RPL’ you will definitely find the answer in that/
With thanks
Be and make
...
In reply to:
Earning estimates for RPL FY09
Posted by :
manju_berlin
Dear Be and make
Thanks for the estimation report. I took two slots of RPL at 165 and 159.75 in FnO. Give me your suggestion if RPL goes below Rs150 (Valid date of Fno is October 28th).
If you know please let us know this “Is there any news expected? Why is it below 160?”
Thank you in advance
Manju
any news about refinary??
Posted by : GuestTracked by: 0 Boarder
rpl informed last month that it has plans to start trials for refinary works this month,,
anybody having any news about the same??...
Reliance Petroleum looks weak: Bose
Posted by : GuestTracked by: 0 Boarder
Let the refinery start first. Too early to draw any conclusions right know....
In reply to:
Reliance Petroleum looks weak: Bose
Posted by : MMB Messenger
Technical Analyst, Rajat K Bose is of the view that Reliance Petroleum is looking weak. It is actually going to test Rs 150 in the near-term.
Boarders Outlook on Reliance Petro
positive outlook
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