Dear maheshji.Kindly comment on LIC HOUSING FINANCE.
IS IT WORTH TO INVEST IN THE STOCK AT CMP?
AFTER SPLIT AND BANKING LISENCE THE PRICE WILL SKY ROCKET.
WHAT IS UR VIEW?
I GUESS MANY PEOPLE WOULD LIKE TO HEAR FROM YOU ABOUT THIS SCRIP.
PLEASE DO PUBLISH THEREPLY ON BLOG FOR THE BENEFIT OF YOUR FOLLOWERS.
THANKS
-ask by shri AGNI PRUTHVI
1. Respected Agni pruthvi ji thanks for your faith on my views LIC housing finance ltd is a 10 rupee face value company and as you knew that LIC Housing Finance Ltd has approved subdivision of Equity shares of the Company of Rs. 10/- each into 5 equity shares of Rs. 2/- each.
2. I always see that stock spilt give a negative effect of stock price so I think after this spilt share enter in a rest zone of 1 year.
3. In 2006 price of lic housing finance is 180 only and book value of lic housing finance is 356.84 and year low is 707.10 so I think near 500-600 ( after spilt 110-125) I fair value of this script.
4. What happen if lic housing finance is get banking license? I think this rumor is already discounted because CMP of lic housing finance is near ICICI BANK which has a banking license.
5. Promoter holding in LIC housing finance is 36.54 % and FII holding is 41.69 % but this number related with September 2010 quarter and I think FII reduce their holding in November 2010 see these bulk deals figure in BSE site for more details
6. So bulk deals , stock splits, all of news of investigations by CBI is make my view negative and after spilt my target for LIC housing finance company is below 110. Sorry if this target is shocking but market proves my targets many times.
7. I have no any share of lic housing finance ltd. This is a good repeated company so read disclaimer before take any action.
I like your article and it really gives an outstanding idea that is very helpful for all the people on web.
ReplyDeleteThanks mahesh ji. LIC housing is inching towars your fair value price.
ReplyDeletedo you recommend this scrip to buy in sip ????
will it be a blue chip in the coming years??
is it a future HDFC moving around 150???
whats your view?
thansk in advance.
in SIP method SIP of 3 year is good but below 3 year it may test your patiance.
ReplyDeleteblue chip ?future HDFC?....may be.not sure but 3 year SIP may give you good return or you may accumulate below 125.