Reliance Capital

Cheers. Hopefully good days ahead for shareholders. If stock crosses 800 this calendar year, party from my side

 

Is it a BUY recommendation at the moment?

 

Anil Ambani attributes the rise in share price to " tremendous luck" brought about by his novice son ..... . "performance" and "creating shareholder value" whats that when we have luck fuelled share price rally

 

Proved not just lucky.... tremendously lucky infact. Anmol's luck will turn this not into a navratan but a Kohinoor of the bourses. Why work hard when luck can do the trick. He doesnt need to. After all He is Anmol - doesn't Anmol mean priceless.

 

Anmol's luck seems to be overflowing into other group ventures. Rel Com debt will be pruned 75% within 12 months. A new avatar of Rel Infra in 3 years (debt free, blah blah)

Jio Anmolji. Arunji is probably contemplating inducting Anmolji into the sick PSU's for his luck to work for the PSU's.

 

all factors are good but what about promoters or chairman's business mindset is most important
in my view any CEO will not do drastic changes in company , first they understand positives and negatives
after that they take chairman or MD opinions , chairman not proved , he is capable like " narayana murthy , azim premji , or mukhesh ambani " , parental property showing this strength , management efficiency created big void
in my view that business model giving good profits , NBFC ,Mutual Fund Industry ....
but people are afraid about Group heavy debt and except Rel Infra and Rel Cap
other group of companies are not performing well that is the main cause of preventing stock growth
, it may be wrong , but that is my view first chairman and directors prove them selves , after that employees
learn from them , Top to bottom change is important , not bottom or middle level to top change

 

Every thing you mentioned is in price and no doubt ADAG group did some mistake in past .But now group is reworking its growth stretagy .More over Anmol Ambani son of Anil Ambani has been inducted in this company and he is now concentrating on Rel Capital.So I am optimistic about future of this company which has many good business like Mutual funds AMC,Gen insurance ,Health insurance, housing finance,commercial finance etc.Rel Capital is coming out of its all other non NBFC activities. More over company is still grossly under priced in this over heated market .

 

Strategy is good one because stock is at low valuations compared to Bajaj Finance and capital first. New prospects for stock can send it shooting up

 

Reliance Capital is shooting up

@kharb sir congrats heavy gains are there

You have big lot of stock i hope.

 

Reliance Capital firing with all cylinders,but I am not surprised.

 

Looks like stock is going for UC circuit

 

Rel Capital in my view will be stock of the year 2017 of my portfolio .

 

Aameen !

 

Rel Home Finance a subsidiary of Rel Capital has net profit of 173 Crore in year 2016-17 against 87 Crore of last year .It is jump of 100 % YOY .Rel Capital share holders will get free shares in ratio of 1:1 ,stock will be listed soon.So Reliance Capital share holders will be getting free shares of Very High Growth Housing Finance company , which could grow net profit 100% last year.

 

Stock is shooting up 5.18%. is it going for UC circuit

 

Rel Capital at this price is simply unbelievable , grossly under priced .This stock deserve to trade in four digits.You can not punish a Blue chip financial power house stock for Anil Ambani management failure in Rel Power or Rel Communication.Both Rel Power and Rel communication are working in difficult competitive environment.Other Business houses are also doing badly in power like Adani Power or Tata Power,or see just see Idea or many other failed telecom companies .Even Airtel is bleeding now.Rel Capital will achieve its past glory.

 

What about Rel Infra which, in my opinion, is also highly undervalued and is avalable with Anil Ambani discount ? It is in my holdings hence my opinion could be biased.

 

Is it a BUY ,in your opinion, at THIS LEVEL also ?

 

You can buy Reliance capital after some correction. Not sure how much it will come down. Value unlocking will be there as shareholders will get Reliance home finance share for every single share of Reliance Capital.

 

You got me wrong.I was not asking for your recommendation as I never buy on recommendation by anybody. I just wanted to know if it is still buy for YOU at this level ---your opinion.BTW I am already an investor in this stock; bought around 350 about little over one year back,with conviction.