what ??? no message yet on this topic.it is already 1 hour old.
i thot i will read the messages of RNs and bhusbhacs on the story. but surprising no body yet.

regards

harrpotter - I have taken this acquisition and expansion programmes for granted. I was a little busier than usual today. Anyway happy to note and I do hope you will keep us posted.

अरे गाववालो,
भूषभाक को थोडा तो अकेला छोड दो...
अरे भाई लोगो,
रिलायस के चककर मे
ये पागल न हो जाए...
इतना मन और धयान कोई (नरेदर) ईश मे लगाए तो वो सवामी विवेकानद बन जाए...
भाईयो इसे छोङ दो...

akkbatra -

Mere paas Hindi computer toh nahin hain phir bhi aap samj jai. Aap log saath deh ya na deh jab tak desh ko gas or tel chahiye tab tak main yeh sab likh raha hoon.

Shayad Cairn ya ONGC pura kar deh. Shayad TATA bhi bich me aa jaye. Inka share shayad hi karidu par mera maksad pura hoh jayega. Maine kuch karna nahi bas yeh do teen lavs likna hai aur toda bhi farak hoh jaye mere liye kafi hai.

Maine puri zindagi likte likte bithayi hai. Muje farak nahi padta. Mai paagal nahi hoh sakta par maine kafi paglo koh yeh board par dekh chuka hoon.

Aur bhi bahut karan hai aur main harne walo mein nahi hoon.

Aap phir bhi likiye usse shayad tas me hal ho jaye.

Dear bhusbhac, Keep moving, you are a Karmyogi. Reward is rich for you. Never mind small talk even if written in Davnagri. All serious investors in Reliance read you with interest.

Bhusbhac,

Get my reply to this one on the ODD ONE OUT BOARD.

I dont want to spam RIL board.

Bhusbhac,
Its not about giving support to you or opposing your views, the views will remain what they are...I was more concerned with your involvement with RIL counter and resultant chemical locha in brain, if any, over the period of time.
Its also not about your loosing here at this virtual forum, which can not be and which should not be more important than anybodys life. The canvaas of life is far far bigger and larger that RIL or MMB board. Whats important winning here or not loosing in life ? Whats the use if someone can not think anything else other than any one topic or matter 24 hours 7 days and 12 months ? Whats the use if I neglect my family, business, friends, relatives, neighborers, mohalla, city and society at large. If you are able to adjust, you are not human, you are superman. God bless you.
After his marriage, Tulsidas went to meet his wife who had been to her parents. He reached the in-laws village late night, when he knocked the door, nobody opened for the fear of thieves. He caught hold of a rope and climed the wall and roof and entered inside that house. When his wife saw him, she shouted snake..snake..what he thought as a rope was infact a snake. His wife then said..itna man agar aap RAM me lagao to aapki naiya par ho jayegi. Since they it turned his life and he went on to write MANAS. So when someone sees a snake as a rope, its called illusion. Smaller illusion can convert into delusions and madness, if not corrected in time.If you are able to adjust, you are not human, you are superman. God bless you
All like our beloved country to become oil and gas independant but its equally true that the biggest hurdle is RIL greed itself, otherwise how one can agree to give NTPC (as per no prejudice to that case affedevits) and not to RNRL ? Who is preventing RIL to go for full capacity extraction, if there would not have been gas price hike issue all of the sudden and delay tactics till RNRL dispute is resolved.

radhika_nandlal - I will have to locate this board.

Bhusbhac,

I have put the reply right under your posts (hmm under your nose)

akkbatra - I have a notion that our nation will progress with KG D6 Basin gas. I am nearing 58 and I have two magnificent sons who take care of the business and teh family needs.

So if our nation progress so will my son`s business. I am quite well secure and have enough income by way of interest and rent and that amount is much greater than investments in the stock markets. Enough and content with what we have within our own means is the best advise one can give another in life.

So exercise, fitness and a reasonable indulgence in the stock market is my interest for the time being.

Every two months I am on a ten day holiday abroad. On 1st December, 2009 I will be away once again though I may have limited time and limited internt access.

So please don`t worry about me. I will live my life to the full without a moment to spare and I am quite sure that you will yours too.

I so believe in the KG D6 gas reserves that I think it is time well spent. I am quite sure that we have a lot to do with the US$ saved. Now here we have a situation where RIL is doing the reverse most likely because of this dispute.

I don`t believe I am taxing my brains in this matter.

RIL not going to full capacity in gas production? Please do believe me that I am businessman enough to understand that the profitability as per government`s calculations are not worth the effort. There must be some more planning.

Now when I look at the Q2 balance sheet I find a 40% net profit margin. Deducting 40% gives a price of US$ 2.70 so celarly US$ 2.34 is not worth it all and worth DELAYING and using SMART tactics. Who told Anil not to offer midway after HHC judment seemingly was in his favour? If he felt sheltered than let him face the consequences as a man as much as Mukesh is himself gearing up to face the consequences.

Reliance Retail(Rel. Fresh) IPO LIKELY ?

Mukesh Ambani of Reliance stressed on Retail and alt . source of energy. While infra & power is the flavour of the season, alt. source of energy is expensive and depends on subsidies, retail sector seems to be the NEXT SECTOR TO WATCH FOR, hopefully Mukesh Ambani has some mega retail plans with vast retail outlets.

Future Group retail Biz IPO band was near 800, could it be possible that Reliance Retail may buy Vishal Retail and come out with an mega IPO with Rel Retail band above 1000.

ANY TECH / FUNDA ADVICE

NB:- MY NOTINGS ARE BASED ON PURE ASSUMPTIONS. PLS ADVICE IF ANY BOARDER SHARES MY VIEWS

shivanand - All boarders who don`t look at PEs as the only measure, who understand liquidity and the power of cash must agree with you.

However some boarders don`t like our positive outlook on RIL and might be missing out merely because we reaised the topic and defended Mukesh and RIL.

Mr Bhushbhac

You seem to be "VERY OPTIMISTIC" in nature and on life. Well investors do create wealth over long run is what i perceive and Mukesh is an Visionary.

"ACTIONS SPEAKS MORE THAN WORDS" seems to be his motto.

Q "Reliance Industries is offering about $12 billion to buy a controlling interest in bankrupt chemical company LyondellBasell Industries to Reliance Industries` KG-D6 facility
World`s top oil exporting countries
World`s top 10 oil producers
World`s largest refining companies

create one of the largest petrochemical firms in the world,
LB is debt ridden co having debt of around 12B US$,turn around of this co will take hell lot of a time RIL topline and bottom line improve only after 2012
Hence RIL may behave like tisco on one year horizon(if this deal gets through)
Investing in RIL at this point on news is like playing against odd,at this point RIL is either hold or exit on rally

Shivanand - I believe it is better to go down as an optimist rather than miss my opportunists if I am a pessimist.

India has largely been a pessimistic country since we were invaded and bogged down by outside rulers. We need just that little push of fate and opportunity to become optimistic.

1. We had our chances in the garment industry only that industry went into a glut.

2. We had our chances in the granite and natural stone industry only to see us lose out to China since this industry was outridden by corruption and heavy lease rent, royalty and taxation.

3. We don`t have Uranium of the right quality so we could not make it in nuclear field.

4. We have poor reserves of gold most of which cannot be mined at even the current high prices.

5. We don`t have diamonds like South Africa and Australia.

6. The IT industry was till now leading us the way however there are some thorns on the way with President Obama wanting to take restrict the business and we certainly don`t know how US$ will behave in future.

Now we have rich gas reserves in KG D6 Block and it is blotched right from the very inception by this litigation. I don`t say that there is no risk in business however I feel that it is a risk worth taking.

We (Indians) have missed many opportunites eventually I don`t see us letting this one away.