A word of caution should be in order. The profits have been stated to have been artificially pushed up with a view to pay less fees to Telecom Dept. in GOI. The real book value may be less than Rs. 250. I shall however add 100 at every dip....

i do not have worries at all, let them fight to the one another`s finish.. on MOMU.. thanks for ur opinion......

pyaretaj - I also feel that the NEW submission should be time barred under law of limitation. So the only way out should eventually be to fix a personal liability of Mukesh Ambani....

bhush--i have not told who is a cheat or so, i meant will there be anyone to judge this case is the only point i was trying to emphasise... i am not using any unparliamentary language in it... hope you got the point... ...

No sir...don`t but RCom. a big no. Bharti No...if you want to play and have short time fun yes,,,buy pls. Yes these Ambani family is great in its own way in breaking the Babus, re-twist and they opened up economy in their own way before Singh as FM. Meanwhile the purchase of Trevira CS at 285 M $ and the down turn of textiles and severeal similar yarns has hit RIL bad. They also sacked somw white guys out their and not sure how this will end up.. I hope that does not happen with their new buy , which has 2200 creditors or more. I know Ambanis are shrude and ha ve 30 digit calculator. But spending over 12 B $. Ambanis don`t work withouit 22 -27% gross margin in any of their business..U know ell they have Vimal brand j,,,others commadiities....

kal kare so aaj kar, aaj kare so abhi. Wish you ONLY the best!...

Childhood of the two boys was in a Chawl. So you know the picking fight types? Maybe thats why Supreme court has to contend with the two brothers... BTW how come you support him so much.. i thought you are a very mature boarder... dont disappoint me please you and Tally please....

pyaretaj - Now if the crude prices fall then retail adds to the bottomline and if GRMs go up then that is much bigger for RIL.

Anyway eventually the petrol bunks had to be activated to sell gas and to promote more and more automobile users to switchover to gas. The retail margin in gas will be tremendous.

Awaing the outcome of the HSC decision which will be anytime soon....

tara23 - Don`t worry! Nothing to worry but that is not the subject matter of the case. Assuming that RNRL gets favourable concession as in HHC again the following will always be on my mind.

1. As MDA and VC both brothers entered into a highly inconlcusive agreement. If I have to critisize Mukesh I wonder why he had to concede to the low price for such a long tenure.

2. Both brothers were parties to the PSC. Both had assumed that there was a tax holiday even in case of NTPC where BOTH had represented in the tender. This also was badly handled.

e. The MOU itself is inconclusive in many ways. Such open mindedness bears witness to the extent of the fight so that it could not be concluded in a better way.

The MOU itself is not being argued in its entirety and if it is held and argued and time bar period condoned then there will be more dirty linen being washed in public and you can expect some more outbursts from Anil.

The outburst have not come on record as yet in HSC and the way the matter is bwing argued it may become a subject matter too.

I have no objection to the word `cheat" however it is at this stage irrelevant to the case matter. No matter who wins or who loses there will be NO decision of who is a cheat or not.

I understand that your concern and meaning is as to WHO will decide about who is a cheat however my reply covers generally on the opinion of some on the board.

Somehow we need to get on to a different level altogether....

pyaretaj - I also feel that the NEW submission should be time barred under law of limitation. So the only way out should eventually be to fix a personal liability of Mukesh Ambani....

pyaretaj - Here learned Ram Jethmalani may be a noted and imposing cousel howver this is not at all part of the case in HHC.

HSC may order trial and full evidence before HHC to go through the MOU in its entirety and tehn give a decision.

RIL has had no chance to defend this angle of the matter and so this matter will drag on and on and on.

I would however have no objection if for the sake of peace Anil Ambani comes back in his earlier position if that will buy peace and it would be at Mukesh`s shareholding.

So another 10 years to go?...

tara23 - The present case matter is not to decide who is a cheat and who is not since we agree that all in this case matter are cheats to some extent and in some way or another.

This case matter is to decide the best way out & solution of this cheating mess as most of you say so.

I would have avoided this harsh language and held on to some commercial language but no choice on this MMB....

subasu - It will be gradual accumulation of course depending on news flow. The book value is 250 and there should be not much more downside from here.

If the HSC case should go up all ADAG stocks will go up anyway no matter how temproarily.

I will not buy RNRL and RPOWER until I get to know the status of the Dadri project....

fortis - Discussions on this board were becoming monotonous and I was running out of topics.

Now at least you are agreed that this market and nation has more cheats than one. Maybe it might be appropriate to say that most of them, if not all of them, are cheats and only the level defers,

So better to be a master of cheats than an ordinary one. The crime and the guilt is same. Also as you grow all of a sudden you have to take care of so many crooks.

Come on please be practical and change the level of discussion on this board.

Do you think I should buy RCOM well below book valuation? Please nobody laugh I am quite serious and I will certainly buy 50 shares tomorrow....

akkbatra -

Mere paas Hindi computer toh nahin hain phir bhi aap samj jai. Aap log saath deh ya na deh jab tak desh ko gas or tel chahiye tab tak main yeh sab likh raha hoon.

Shayad Cairn ya ONGC pura kar deh. Shayad TATA bhi bich me aa jaye. Inka share shayad hi karidu par mera maksad pura hoh jayega. Maine kuch karna nahi bas yeh do teen lavs likna hai aur toda bhi farak hoh jaye mere liye kafi hai.

Maine puri zindagi likte likte bithayi hai. Muje farak nahi padta. Mai paagal nahi hoh sakta par maine kafi paglo koh yeh board par dekh chuka hoon.

Aur bhi bahut karan hai aur main harne walo mein nahi hoon.

Aap phir bhi likiye usse shayad tas me hal ho jaye....

radhika_nandlal - Who is mohankumar?...

radhika_nandlal - LIQUOR BARON? At cost of how many lives if you have ever come accross liquor business in Karnataka. This is the MOST ruthless trade ever and Mallya`s inherritance must have some viscious roots In Indian mafia.

However he is a big fat tycoon and far from pretty (handsome) without his expensive attire.

Also I don`t see him cope to well in this global crisis. Airlines? Grourmet? Not for the current times for sure....

lion407 - If you look at Q2 balance sheet the following is the capex of RIL:

UNALLOCATE 4032600.00
REFINING 7545500.00
OTHERS 741000.00
OIL & GAS 4996000.00
PETROCHEM 4086800.00
Total 21401900.00


The corresponding pfoits:

OTHERS 1100.00
OIL & GAS 122600.00
UNALLOCATE 0.00
REFINING 134700.00
PETROCHEM 219500.00
Total 477900.00


The revenues

TOTAL REVENUE
UNALLOCATE 0.00
OTHERS 9200.00
REFINING 3956400.00
OIL & GAS 293700.00
PETROCHEM 1334000.00
Total 5593300.00
Less:
Inter Segment Revenue
908500.00
Net Sales/Inc. from Ops. 4684800.00


The unallocate must be other assets from which there is no revenue nor any profit.

OTHERS is just 7100 crores which is just 3.5% of total capex.

Before the global recession the best business to be in was retail with growth of 22%. Even now it is THE business to be in.

Yesterday on CNBCTV-18 I heard an advice to an SME prospector was advised that do do any business one must have a core business no matter how small which no one has and which attracts other businesses.

In case of RFRESH even as I see it why would anyone go to this store as compared to another store. Could this milk and dairy business make some customers who would be faithful to RFRESH?

For all I know and looking at his weight Mukesh may be fond of milk.

I think it may be worth a try to push RFRESH.

So it depends on how you look at it. If Mukesh can juggle with new ideas no matter how vague they might seem to us and if he can put the ongoing battle at HSC in the background then you might wonder the kind of capacity and buisness management is required to juggle so many things at the same time.

I think it must be 24 x 7 business for him since he has to even fill in some time to cheat his younger brother!...

mohankumarji - Also bringing up TAINTED Shankar Sharma which even NDTV Profit is guilty of bringing up such persons until they are cleared.

Shankar Sharma tries to clarify that taking two contrary positions for as many as what I heard 1000- 5000 in shares to be a small amount.

For EVERYTHING there is an explanation in this market. However after sometime they do get to sound strange and contrary which keeps out retail investors who land up in heavy losses.

Shankar Sharma is on top of the world predicting a 20% correction in global markets and a tad more in Indian markets. It could actually happen and then CNBCTV-18 will glorify him or else?

Just because he comes with a tie and coat and fully booted does not make him an honest market guru without manipulation.

According to me manipulation is writ on his face and method of talks. He is a traitor for our Indian markets and helps FIIs who don`t want retail investors in this market until they can command the direction and a timing that suits them.

See according to me as an Indian retail investor you should be timing yourself to be trading stocks to international global investors.

I think it was incorrect to bring Shankar Sharma on media since he seems to be criticising the honourable court judgment against him in PUBLIC. I think our media is stretching matters a bit too far....