Naughty though chart does not suggest bullish trend,but you would see reversal sooner than later
FII are accumulating both bharti and rcom throgh local fund manager who otherwise bearish on stock
telecom story is very much intact only it is passing bad whetehr,probably created one ,soon big fish will eat smalll one by inciting tariff war as small fish ca not sustain this and will succumb soon
By inciting concept of losing margin will try to get 3G spectrum at much lower rate than expected,again looting the gov case
Still india has 600 million without telephone(wire and wireless) as GDP will grow user no and usage will go up
Hence i strongly believe both bharti and rcom will double from here within a year or so
braveheart are taking contrarian call,be braveheart to gain
best
The scene gets murkier when trai allows number portability for rs 19 only from one service provider to another service provider... beware.... of such impacts.. on all the companies...
I AM ALSO HOLDIND AT 352-PLAN TO AVERAGE AT UNDER 270 IF IT GOES THERE AND THEN WILL BUY ON EACH DECLINE OF rS25-MAYBE IT A GAMBLE-LETS SEE-MOST PEOPLE R NOT BULLISH-BUT THE CYCLE WILL CHANGE AFTER NEXT QTR-C THE CEMENT AND SELECT POWER R BOUNCING UP-IF U HAVE PATIENCE TAKE UR CALL
I think the worst sufferer on account of MNP will be Bharti because it has refrained from acting in a consumer friendly manner on earlier occasions, while other operators have responded to market calls and were proactive in introducing consumer friendly initiatives. That could be the reason why most of the funds are now negative on Bharti and pusing it still down while Rcom and Idea are still holding fort, though not still showing a positive divergence too. Moreover, in a sectoral downturn, the possibility of the blueeyedboy getting the maximum stick is very much there since a lot of concentrated holdings will get diluted, while the not so fancied stocks (read: Rcom and Idea) will survive in the market place since there is hardly anybody to sell at the current chicken prices. Ofcourse Rcom may fall due to other reasons like audit report outcome and management issues, which is difficult to guess at this stage. I will strongly suggest to move to Idea, if one still believes in long term telecom story.
i think many invester, buy stocks at higher high & sell at lower low, than they lost money. good time to accumlate bharti in this level to our folio, for long term investment.
you said bharti always refrained from acting in a consumer friendly manner but the fact remains that it has the largest consumer base.you said that fund houses are negative on bharti but the fact remains that it is by far the most held stock by fund houses.you said that in a sectoral downturn the blueeyed boy gets the maximum stick but it is always said that in such scenario u should always be with the market leader and i think bharti is ahead of rcom and idea in market leadership.
ppl who are in this board so crazy. They will give buy/sell calls so easily and they disappear if its going against their wishes. I am requesting everyone in here dont give those calls, instead you can say I am going to sell/buy this share.
The new commers will have tough time with the per second billing as compared the old biggies like Bharti, Rcom and Idea, who already have established name and infrastructure created over the years and have already recovered the major part against their investment, where as the new commers will have to establish yet.
In the end the larger will survive this price war, nothing is going to happen to biggies, as they have already made lot of money and there may be some lose in profit to oldies as against net lose to the new commers....
Lets see how long these new commers survive this price was started by them.
bigiies will be benefited by this in long run,small players can not compete and provide quality services in long run so easy for customer to switch over to better operator
more so you would get better figure for new subscriber, as many subscriber if want to switch they dump old sim and buy new,but now they will be able to carry the same sim with new operator,so eventually no of new subscriber will go down
Indian telecom space is still hot...i.e., if you go by this WSJ report (online.wsj dot com/article/SB10001424052748704533904574543110109574616.html) on the meaga Maxis IPO aimed at making at positioning their india investments (Aircel). FYI, Maxis is the Malayasian telecom gaint with big plans for SE Asia and India.
When newcomers like Aircel are betting on Indian Telecom, Bharti will surely have more to benefit. Time to Accumulate.
Disclosure: Entered at 325 levels, plan to accumulate more and hold.
| NIFTY 
