IFCI

ENTER NOW AND ENJOY JOLLY RIDE!!

Posted by : bdj

The stock seem to have crossed its lows and is heading towards 85 then above 100 levels in a matter of another 2-3 months and at the most by OCT after it annouces its Q2 results. The waves suggest high tides shortly..enjoy the ride my friends.

Regards
Naidu

IFCI Future plans and Next Triggers......

Posted by : bdj

Mr.Sharma,
I fully agree with your views and will wait to tide over all storms. IFCI is indeed a huge mountain of Goldmine with lots of diamond deposits..Thankyou for your realistic opnion.
Regards
Naidu

IFCI Future plans and Next Triggers......

Posted by : Raa

Harish,
How do you know that IFCI has fetched 60 crore last quarter?

IFCI

Posted by : bdj

hi nice to see both pessimists and optimists on this board. Then alone one can weigh and decide about his investments rationally for profit that being the reason to be here.
Regards
Naidu

IFCI Future plans and Next Triggers......

Posted by : bdj

Mr.Sharma,
I fully agree with your views and will wait to tide over all storms. IFCI is indeed a huge mountain of Goldmine with lots of diamond deposits..Thankyou for your realistic opnion.
Regards
Naidu

IFCI

Posted by : psgs

hi murali,
there was one individual small stake sale of 1m shares at 5% down in today's early trade on BSE. i know only that much.

swamy.

IFCI

Posted by : Murali Nambiar

Please tell me abouit the stake sale news. What will be the effect on the stock if this deal is sealed.

IFCI Future plans and Next Triggers......

Posted by : harishkrsharma

Dear All,

IFCI likewise IDFC has started investing in Equity via a its subsidiary of financial lending and hopefully may henceforth invest in bulk to the future IPOs and in various firms in PE mode.

IFCI may launch its own Broking CO by acquiring small broking firms similar to IDFC acquisition of Sharekhan provided once the financial strength is strengthened in the near term.

IFCI too may participate in currency future trading.IFCI has already earned 60 crores last Quarter form Equity market.

IFCI is going to sell NPAs worth RS.2000 crore every year for the next 5 years to have surplus fund to invest. Arrangements has already been made.

Once the OCDs issue is settled with GOI the Company will go for stake sale and now the chances are quite bright. Stake of LIC too will be aligned soon.

IFCI too has started financial consultation for various recovery assets and may purchase the bad assets from various banks to fetch the GOLD.

With the stake sale IFCI would get 5000 crore approx and one can imagine the return alongwith 2000 crore recovery of NPAs every year to the company against such money invested.

IFCI will strengthen its all subsidiary and in future may enlist its all subsidiary in seperate entities.

IFCI is a real goldmine.......THOSE WHO WILL HOLD WOULD FETCH GOLD.

harish sharma
Delhi
06\08\2008

Good to invest only at 30-35

Posted by : Murali Nambiar

IFCI has already past its low of 30. Now this stock can only go upward towards 100-120 range.
Stake sale will give it another push to 200 levels.
Time to buy it now and keep your fingers crossed.

Good to invest only at 30-35

Posted by : ramanath

It was very dangerous to enter in IFCI at around 100 levels. Right price to enter was around 30-35 levels when Sensex was at 12,500. For people who bought at 100 levels, there was chance to average of 70-75 levels by buying at 30-35 and hope for that level to be reached which is considered as fair value for IFCI. But for last 6 months it has not moved above 55-56 levels.It may be a long wait for investors who invested their hard earned money in a momentum stock like IFCI.It is very dangerous to invest bulk money on hearing news of stake sale etc ie at 100 levels.