reliance Comm and Reliance Cap are shooting down :(

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Srouta Mukherjee, May 29, 2017.

  1. wild_hipman

    wild_hipman Active Member

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    Really on track to hit this target.
     
    Last edited: Oct 4, 2017
  2. wild_hipman

    wild_hipman Active Member

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    Rel Cap keeps its stellar performance unabated.......
     
  3. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    REliance Home Finance is going for LC at Rs. 86.70 any hope is there for stock? :(
     
  4. shakti khanduri

    shakti khanduri Active Member

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    Nothing to worry about! It happens when spin off takes place. I am holding the stock patiently with conviction..Be hopeful.
     
  5. wild_hipman

    wild_hipman Active Member

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    Sorry but what spin off in the stocks under consideration here or Rel Home and Cap?
     
  6. shakti khanduri

    shakti khanduri Active Member

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    Rel Home is a spin off from Rel Cap. I reiterate my conviction in Rel Home.
     
  7. wild_hipman

    wild_hipman Active Member

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    Usually spinoff's unlock value. Point is what's it intrinsic value? Around 106/- or in the 70's - 80's

    What according to you has been the value unlocking by Rel Cap via this spin-off?
     
    Last edited: Oct 6, 2017
  8. shakti khanduri

    shakti khanduri Active Member

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    As you have accepted spin off leads to value unlocking,I agree Sir. My understanding of intrinsic value is discounted present value of expected future cash flow. In my view it is subjective assessment and dynamic,since it relates to future .It also depends on your considered time frame .Even if I accept the lowest value of 72 or73 as suggested by you, it will surpass the paid price of 106 keeping in view two factors ----1/ Intrinsic value will increase in future.2/ Market is always forward looking,hence discounts the future.. Hence I am invested in Rel Home.
     
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