Yes Bank

shld one buy now fr long term??

Posted by : ar_akm

Hi KARUNAS, Earlier 52 weeks low price of Yes Bank was Rs.102/-. Market is making new bottoms and Yes Bank have not touched the previous bottom. It is not clear whether to enter at present level OR wait some more time for this stock?

shld one buy now fr long term??

Posted by : ar_akm

Hi KARUNAS, Earlier 52 weeks low price of Yes Bank was Rs.102/-. Market is making new bottoms and Yes Bank have not touched the previous bottom. It is not clear whether to enter at present level OR wait some more time for this stock?

shld one buy now fr long term??

Posted by : KARUNAS

Only in small lots only, under the current situation as bottom looks to be nearing.

shld one buy now fr long term??

Posted by : panni

after 28th sep there is still downtrend.sould i do some purchasing ?i want to average out my stocks ,i.e. dlf,unitech and jpassociate,shoud i or not ?

shld one buy now fr long term??

Posted by : KARUNAS

It looks that now buy is going to emerge and one may start picking in small lots at CMP.

Yes Bank Ltd. in deep shit!

Posted by : vir259

its a good bank with 200 cr in PAT in 3 yrs of operations is phenomenal.u will find very few companies in any sector with this kind of performance.secondly this bank is not run by the promoters to later sell it to some foreign bank but its their passion to create an institution of world in India in banking space.just pass with bear phase and you will continue to see good things happening in this organisation.while its true that some key employyes have left but organsiations are not run by few employees,Mr naranyanmurthy is no more leading infy from front does it mean its not a good company.

shld one buy now fr long term??

Posted by : panni

most of the stocks are trading at 40% of their peak of jan rates, but i know one stock which is trading at 18& of its jan high.its WWIL,i hapen to be worst hit by this stock, the moment i purchased this script @ 100/- it started losing strength. so much so that now its worth 18-19.i dont think it will again reac those levels.

Yes Bank Ltd. in deep shit!

Posted by : ZeeNut

The plan to sell the bank will probably fructify by 2011-2012, as entry of foreign banks (earlier supposed to be in 2009) is likely to be delayed. But at that time one can expect a good premium over current price. In my opinion , a min 100% gain from CMP is likely at that time.

shld one buy now fr long term??

Posted by : KARUNAS

I feel Noida Toll ius share worth holding at the moment.

shld one buy now fr long term??

Posted by : KARUNAS

There are many good shares where the risks are minimum. You may go for RIL, RPL, Rel Cap, RNRL,L&T, in financial secter IDFC, IFCI, PNB, SBI, Yes bank, these are quite safe investment. The gains may be slow, but assured in the long term.

Yes Bank Ltd. in deep shit!

Posted by : Guest

Obviously the plan was to sell the bank. And obviously the plan was to jack up valuations to maximum possible.
So what went wrong?

1. Equity market meltdown in January, meant the QIP route got closed. Yes did not have money to lend, expand retail branches now. It has no CASA(current a/c saving a/c) and highest cost of funds.
2. When you are not competitive on cost of funds you will end up building risky assets as the higher the risk the higher the rate, and you cant lend at low rates.
3. Derivatives meltdown meant an imp source of revenue dried up. No wonder Ajay Mahajan quit. He had nothing to do.
4. The impact of the risky assets is the CRO quitting. Definitely he does not want to take the rap for this.
5. With the global meltdown, Yes Bank gambled on employees not having any option and screwed them on pay outs. This led to disgruntled employees most of them looking out.
6.It takes 7-8 years for a branch to break even. But valuation for a bank depends a lot on no. of branches. So what does one do? suddenly start some 70 branches. Ensure it gets more licenses for next year. More valuation when you sell.

The catch here is that now who is going to buy Yes Bank. Most foreign banks are in trouble. End of next year might be better, but how does yes bank sustain its bubble until then.

Caveat Emptor. Dangerous times ahead for a quick fix bank.

shld one buy now fr long term??

Posted by : panni

Respected Sir,
Please tell me three four blue chip shares in which i may enter after selling my non-blue stocks. I got 2000 HFCL,400 -mahindra ugine,noida toll etc.kindly advise.