hi.. my dad has bought 500 shares in RPL.. ths month.. :) is it a good idea? and when can we claim the share
2007-10-20 02:23:45 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
u didnot write the buying price. if it bellow 150 then i think it is a great deal. keep it for long term. it will be double or triple...
2007-10-21 05:07:13 · answer #1 · answered by friend_raj_2005_4u 2 · 0⤊ 0⤋
It's important to note that your father has purchased the shares and logically he will be the only person to do whatever is to be done with the shares. YOU can't be in the picture at all. So let him do whatever he wants.
The idea of purchasing RPL seems good for the long terms than short term. Your father should be in the money in the long term.
2007-10-22 02:45:21 · answer #2 · answered by Nitin G 7 · 0⤊ 1⤋
You have not mentioned at what price shares are purchased.
Fundamentally these shares are good. But the prices of this particular shares are abnormally going down. Up and down in the quotations is a rule of the market. But not to bother. You will definately benefited. Be invested.
2007-10-20 12:17:31 · answer #3 · answered by vinayak g 5 · 0⤊ 0⤋
quite a good idea. but i fail to understand by when u can claim the share. how can u claim the shares as long your dad is alive.
2007-10-20 09:35:55 · answer #4 · answered by delta 7 · 0⤊ 0⤋
well done, it is vary prudent decision from your dad as an investor, as reliance refinery is going to be an operational by the end of this year or by starting of next year. so as reliance is very strong group as they are based on petro_chem products so no need to worry it would be result as positive move but it depends on what is ideal time frame as you are considering .
Wish u a good luck,
Warm Regards
2007-10-22 08:02:29 · answer #5 · answered by revolutionary 1 · 0⤊ 0⤋
Hmmm.. well those shares are going high.. so its good.. however the sensex has dropped... the best thing at this moment to do would be to hold on the shares... cause reliance is expected to make more profits in near future..
for more info log on to http://sameer-shaikh.blogspot.com/
Regards
Sameer
http://sameer-shaikh.blogspot.com/
http://pm-better-than-sex.blogspot.com
2007-10-20 10:04:02 · answer #6 · answered by Sameer 3 · 0⤊ 0⤋
great....even I ve bought..wait for a while ,its going to go up for sure ,market is correcting now,do not get disheartened..when its 100 pts up yu may sell the shares---goodluck
2007-10-20 09:37:52 · answer #7 · answered by scorp29 2 · 0⤊ 0⤋
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2007-10-21 07:19:56 · answer #8 · answered by dinu_pawar 5 · 0⤊ 1⤋