IDBI Bank

compare book value.

Posted by : vm179210
Price when posted : BSE: Rs 121.95 ( -1.53 % ), NSE: Rs. 121.95 ( -1.57 % )

tell me why should idbi bring fpo at book value or lower. take book value of all banks & check there current share price. it will be from the range of 1.5 to 3.5. Also idbi has it brand & good position & experaince in Industrail financing. above all it is fast expanding in retail segment....

compare book value.

Posted by : tara23
Price when posted : BSE: Rs 123.85 ( 4.12 % ), NSE: Rs. 123.90 ( 4.12 % )

really one has to wait and see, whether history is reflected in future...

compare book value.

Posted by : vm179210
Price when posted : BSE: Rs 123.85 ( 4.12 % ), NSE: Rs. 123.90 ( 4.12 % )

i agree with you. this is general phenomena. i remember bank of ndia. for long it was hovering at Rs40. similarly icici bank when merge was trading at low value for long time. I feel IDBI will start benifiting now as mainly there branches are to international quality, which we don`t see in most psu banks....

compare book value.

Posted by : Confused Bull
Price when posted : BSE: Rs 123.85 ( 4.12 % ), NSE: Rs. 123.90 ( 4.12 % )

Hi vm, u said for FPO the price should be at least 1.8 to 2.5 times book value.
On what basis u r making this statement. Plz provide us some refernce....

compare book value.

Posted by : chchch
Price when posted : BSE: Rs 123.85 ( 4.12 % ), NSE: Rs. 123.90 ( 4.12 % )

vrn179210, Time will tell how advantageous separate law governing IDBI Bank. However, eversince the erstwhile IDBI Bank Ltd. was merged with IDBI (the present IDBI Bank) and merger of another bank etc., many boarders here were predicting that the present entity will shoot up to Rs.500/- or Rs.1000/- etc. within 2 or 5 years etc.etc. So, let us wait for another year or two to see what happens to this scrip. ...

compare book value.

Posted by : vm179210
Price when posted : BSE: Rs 123.85 ( 4.12 % ), NSE: Rs. 123.90 ( 4.12 % )

that the problem in thinking. IDBI is governed by seperate law. This is going to make idbi more advantage then other. just see around who is expanding. do you see BOR or INdus Ind or Yes bank expanding, or IDBI expanded. every nook & corner IDBI is coming up that to with good look effect. In pvt sector thee is scope of keeping thing under carpet. In psu its very difficult that why Fii,s trust psu more then pvt....

compare book value.

Posted by : chchch
Price when posted : BSE: Rs 123.85 ( 4.12 % ), NSE: Rs. 123.90 ( 4.12 % )

vrn179210, you have compared IDBI Bank with private sector banks. HOWEVER, majority stake of IDBI bank is with the Government i.e. 52.67% as on 30th Sept.2009. Any comparison should be with similar size PSU bank. ...

compare book value.

Posted by : vm179210
Price when posted : BSE: Rs 124.60 ( 4.75 % ), NSE: Rs. 124.65 ( 4.75 % )

as per money control data IDBI book value is 103, yes bank 55, idfc 47 icici bank 445 hdfc bank 345. from this one can judge the potention idbi bank stock has. for follow up ipo the price shoud be at least 1.8 to 2.5 times book value. ...

Heading

Posted by : iim_grad
Price when posted : BSE: Rs 118.95 ( 1.58 % ), NSE: Rs. 119.00 ( 1.41 % )

just read in Times of India, it plans to come out with a follow-on public offer in January....i think u shouldn`t sell...hold on...should go up...cyaa...

buy now for 10 % gain in couple of days

Posted by : desi_fan
Price when posted : BSE: Rs 111.55 ( 4.06 % ), NSE: Rs. 111.65 ( 4.10 % )

sell it...banking in the short to medium term will suffer a bit, and if not suffer, i dont think it will out perform the market if the market goes up. secondly, if the market goes down, it will definately go down further. todays rally in part can be attributed to short covering also. so make ur decision....

buy now for 10 % gain in couple of days

Posted by : ramu_new
Price when posted : BSE: Rs 111.35 ( 3.87 % ), NSE: Rs. 111.45 ( 3.92 % )

long term is 165...

buy now for 10 % gain in couple of days

Posted by : patali2684
Price when posted : BSE: Rs 109.50 ( 2.15 % ), NSE: Rs. 109.40 ( 2.00 % )

im holding 1500 shares bought at rs. 129. Can any of you please suggest what shoould i do now (Hold, average or sell)?

What is the short-term (2 weeks to 1 month) target?
Thanks...

buy now for 10 % gain in couple of days

Posted by : eye in the sky
Price when posted : BSE: Rs 107.80 ( 0.56 % ), NSE: Rs. 107.90 ( 0.61 % )

haha..good one....

buy now for 10 % gain in couple of days

Posted by : tara23
Price when posted : BSE: Rs 107.20 ( -5.68 % ), NSE: Rs. 107.25 ( -5.88 % )

i doubt., this time for a change they may ask the dividend...

BUY IDBI

Posted by : aahoo
Price when posted : BSE: Rs 107.20 ( -5.68 % ), NSE: Rs. 107.25 ( -5.88 % )

Dear Cool Bull,

Happy to note that you remember the phrase. As I fairly know prior that there is correction over due now I am short in options. Hereafter it will be bull run for IDBI. However I want to wait for sometime so that i can enter at 89-96 lvl.
Thank you for your message and that too I intend to enter IDBI counter and remain there until rate hike by RBI.
Regards
aahoo...