Discover and read the best of Twitter Threads about #LIC
Most recents (24)
Be vary about getting caught into a value trap with #HAL #OFS ..... just some points to keep in mind
POSITIVE: HAL market cap is sufficient to get itself included in the MSCI Index. Might happen in May-2023. so the govt has timed this well. 
The #AdaniGroups Saga- For Naive #Investors. A thread
I, Mr A(#Adani) have 100 chips. By #Law, I cannot own more than 75, so I hav 73 chips. 27 chips r sold in d market. Anther 15 Chips: My uncle buys them by pretending to b normal people. This is illegal, bt who will catch me?
I, Mr A(#Adani) have 100 chips. By #Law, I cannot own more than 75, so I hav 73 chips. 27 chips r sold in d market. Anther 15 Chips: My uncle buys them by pretending to b normal people. This is illegal, bt who will catch me?
So there are 12 chips left in the market. Out of these, #Funds like #LIC buys 9 chips. 3 chips are now left on the open market.
My #media, #political and PR management and #connections are excellent. There are whispers that I am related to the #king and #Government.
My #media, #political and PR management and #connections are excellent. There are whispers that I am related to the #king and #Government.
२४ जानेवारीला हिंडेनबर्गने #AdaniGroup च्या विरोधात एक रिसर्च रिपोर्ट पब्लिश केला आणि या ग्रुपमधील स्टॉक्सच्या प्राईज धडाधड कोसळल्या. हा रिपोर्ट पब्लिश होऊन आता एक महिना उलटून गेला आहे. या एका महिन्यात घडलेल्या घडामोडींचा थोडक्यात गोषवारा. #Thread #HindenburgReport #म #मराठी
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२४ जानेवारीला या अमेरिकन कंपनीने आपला रिसर्च रिपोर्ट पब्लिश करत अदानी ग्रुप दहा वर्षांपासून 'स्टॉक मॅनिप्युलेशन आणि अकाऊंटिंग फ्रॉड' करत असल्याचा दावा केला. #LIC ची #AdaniGroup मध्ये ३०,००० कोटी रुपयांची गुंतवणूक असल्यामुळे तेही यात ओढले गेले. #Thread #HindenburgReport
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२६ जानेवारीपर्यंत अदानी ग्रुपमधील कंपन्यांचे शेअर्स मोठ्या प्रमाणात विकले गेले आणि ब्लूमबर्गनुसार त्यांनी १०० बिलियन डॉलरहून अधिक मार्केट व्हॅल्यू गमावली. त्यानंतरदेखील अदानी ग्रुपची संपत्ती घटतच राहिली आणि त्यांचा FPO फक्त १ टक्के सबस्क्राईब झाला. #Thread #HindenburgReport
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3/n
1 THREAD on LIC and its investments in the Adani Group - why #LIC has been imprudent, reckless and irresponsible in squandering money belonging to its policyholders. Why even now, it may not be too late for it to cut its losses and run from the fire. indianexpress.com/article/busine…
2 LIC has stakes in 5 Adani Group companies of which its earliest substantive acquisition was in Adani Ports in Sept 2000. LIC management has defended itself by saying that the acquisitions in Group cos were made “over a period”. <3 years does not suggest long term!
3 Significantly Adani Port, which has been a major source of revenue, is the only co to have somewhat avoided the free fall in the month after the #Hindenburg revelations. LIC’s stake, thankfully for now, were more in this venture. LIC will do well not to bet on this for long
‘LIC investments in #AdaniGroup now turns Negative’ 🚨
Initial investment: ₹ 30,127 Cr
December: ₹ 62,550 Cr
January: ₹ 56,142 Cr
Now: ₹ 29,721 Cr
#LIC has lost more than ₹ 30,000 Cr in just two months & is now valuing less than its initial investment.
Initial investment: ₹ 30,127 Cr
December: ₹ 62,550 Cr
January: ₹ 56,142 Cr
Now: ₹ 29,721 Cr
#LIC has lost more than ₹ 30,000 Cr in just two months & is now valuing less than its initial investment.
The tweet is from date: 10th Nov 2022,
Months before the @HindenburgRes report. Bhakts mocked telling that #Adani group is one of the most profitable investment for LIC. Look what has happened now 🙏
@KTRBRS @pbhushan1 @prakashraaj
Months before the @HindenburgRes report. Bhakts mocked telling that #Adani group is one of the most profitable investment for LIC. Look what has happened now 🙏
@KTRBRS @pbhushan1 @prakashraaj
Minister @KTRBRS have pointed out the same & seriously addressed the threat in January.
Look at the responses given by bhakts. Can anyone answer today?
Look at the responses given by bhakts. Can anyone answer today?
Can 𝐀𝐝𝐚𝐧𝐢 𝐆𝐫𝐨𝐮𝐩 collapse trigger a 𝐑𝐞𝐜𝐞𝐬𝐬𝐢𝐨𝐧❓
Examining the Impact of India's Gigantic Conglomerate.
🧵👇
Examining the Impact of India's Gigantic Conglomerate.
🧵👇
What is #FPO ?
🔶FPO, "Follow-on Public Offer," is a process in which a company that is already publicly traded issues shares to existing shareholders or new investors.
🔶FPO, "Follow-on Public Offer," is a process in which a company that is already publicly traded issues shares to existing shareholders or new investors.
Why do companies do FPO ?
The reason behind the company's FPO is:
🔶To reduce the debt that already exists in a company.
🔶To raise additional capital for a company.
The reason behind the company's FPO is:
🔶To reduce the debt that already exists in a company.
🔶To raise additional capital for a company.
The eco system & backers of #Hindenburg this time around has bitten too much & are about to die choking on it. #RahulGandhi who is biggest basher of #Adani is in for a big shock. Read this thread carefully as I am presenting facts which is difficult to refute & may help you...2
...The biggest question is why has #Hindenburg left thousands of co's in #US indulging in fraudulent market practices & chosen to attack #Adani in far away India. Certainly it is invited by the anti-India gang which also see the group as close to #Modi. A political nexus...3
...is obvious.
The idea was also to fund the entire exercise by heavily shorting the market & make a huge killing. If you had noticed the shorting of #Adani stocks began more than a week + before the #HindenburgReport.
As soon as report hit the ecosystem was ready & a full...4
The idea was also to fund the entire exercise by heavily shorting the market & make a huge killing. If you had noticed the shorting of #Adani stocks began more than a week + before the #HindenburgReport.
As soon as report hit the ecosystem was ready & a full...4
1/ Is the Indian market on the verge of its own 'retail investors vs hedge fund' battle?
A thread on #AdaniGroup 🧵
A thread on #AdaniGroup 🧵
2/ Recently, #HindenburgResearch caused Adani group stocks to crash over 15% in a day by alleging that the group was manipulating its accounts! 🚨
Adani's investors lost ₹1 lakh crore in a blink! 👀
Adani's investors lost ₹1 lakh crore in a blink! 👀
3/ Adani's lenders & subsidiaries like #LIC, SBI & Ambuja cement also took a 🔴big hit.
Yet, the group defends that this mischievous report is aimed at hurting Adani Transmission's FPO.
Yet, the group defends that this mischievous report is aimed at hurting Adani Transmission's FPO.
#AdaniGroup vs #Hindenburg
A short seller attack in a week that Adani Enterprises launched a $2.5 billion additional share sale.
$51 billion in market value wiped out across group stocks.
Here's what happened...
It started with India's biggest FPO.
bloomberg.com/news/articles/…
A short seller attack in a week that Adani Enterprises launched a $2.5 billion additional share sale.
$51 billion in market value wiped out across group stocks.
Here's what happened...
It started with India's biggest FPO.
bloomberg.com/news/articles/…
The night before the anchor book opened, #hindenburgresearch, a U.S. based activist short seller published a report making wide ranging allegations against #Adani.
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
#AdaniGroup said the allegations were baseless and that it was considering legal action against #Hindenburg
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
Mr Narendrmodi will not be able to answer because except theft, loot what have they done for nation
#HindenburgReport
#AdaniGroup
#HindenburgReport
#AdaniGroup
LIC Loses ₹16,300 Cr Of Investment Value In Adani Group Stocks Today
#LIC Invst Value In #AdaniGroup Stocks Stands At ₹60,500 Cr Today Vs 76,800 Cr Yesterday 👇
#LIC Invst Value In #AdaniGroup Stocks Stands At ₹60,500 Cr Today Vs 76,800 Cr Yesterday 👇
U.S. investor Bill Ackman said on Thursday that he found short-seller Hindenburg Research's report on India's Adani Group "highly credible and extremely well researched."| Reuters reuters.com/business/bill-…
Hindenburg Research's want Adani to sue them in the US, where they operate.
If Adani is not proceeding legally, Hindenburg's claims stand correct.
If Adani is not proceeding legally, Hindenburg's claims stand correct.
Hindenburg asked, 80 straight question from @gautam_adani group – Hindenburg Research hindenburgresearch.com/adani/
The Adani Group has previously been the focus of 4 major government fraud investigations which have alleged money laundering, theft of taxpayer funds and corruption, totaling an estimated U.S. $17 billion. (8/x)
The Largest #IPO India Has Ever Seen & Even After Its Listing LIC Has Still Remained In The Spot Light!
LIC's Stock Is Down 28% From Its IPO Price
I Spoke To MR Kumar, Chairperson At LIC On All Opportunities & Uncertainities Around The Biz
#LIC #LICIPO #IPO #market #stocks
LIC's Stock Is Down 28% From Its IPO Price
I Spoke To MR Kumar, Chairperson At LIC On All Opportunities & Uncertainities Around The Biz
#LIC #LICIPO #IPO #market #stocks
ON CORRECTION IN LIC'S STOCK PRICE
▪️LIC Stock Corrected Because Of Market Correction
▪️Don't See Any Concerns Around Biz
▪️LIC Is Doing As Good As Private Players On Biz Front
▪️LIC Investors Have To Remain Patient For Sometime
▪️LIC Stock Corrected Because Of Market Correction
▪️Don't See Any Concerns Around Biz
▪️LIC Is Doing As Good As Private Players On Biz Front
▪️LIC Investors Have To Remain Patient For Sometime
ON VNB MARGIN GROWTH
▪️Had VNB Margin Of 9.3% As On Sep 30, Pre-Bifurcated Margins Stood At 12%
▪️Looking At Growing Margin To At Least 15% In Medium Term
▪️Expect To Be On Par On Margin With Pvt Players (20-25%) In Long Term
▪️Had VNB Margin Of 9.3% As On Sep 30, Pre-Bifurcated Margins Stood At 12%
▪️Looking At Growing Margin To At Least 15% In Medium Term
▪️Expect To Be On Par On Margin With Pvt Players (20-25%) In Long Term
The LIC Mega listing is the big buzz on Dalal Street this morning, and Moneycontrol is on the ground, tracking the debut. 🔥
Stay tuned for the latest news and updates, reactions and more ⚡️ moneycontrol.com/news/lic-ipo-n…
Get all the LIVE updates at 🔗 moneycontrol.com/news/business/…
#LICIPO
Stay tuned for the latest news and updates, reactions and more ⚡️ moneycontrol.com/news/lic-ipo-n…
Get all the LIVE updates at 🔗 moneycontrol.com/news/business/…
#LICIPO
#LICListing | #LIC shares are all set for the big debut this morning, and the market sentiment seems to be a little sombre for the #IPO.
Track Moneycontrol for all the latest on price action & expert opinion.
moneycontrol.com/news/lic-ipo-n…
LIVE updates at 🔗 moneycontrol.com/news/business/…
Track Moneycontrol for all the latest on price action & expert opinion.
moneycontrol.com/news/lic-ipo-n…
LIVE updates at 🔗 moneycontrol.com/news/business/…
@SecyDIPAM: LIC embedded value will be available regularly for investors to see.
#LICIPO #LICListing #LIC #IPO @aparnaviyer02
#LICIPO #LICListing #LIC #IPO @aparnaviyer02
#SupremeCourt to hear a batch of appeals and a fresh plea against verdicts of the Madras and Bombay HCs which dismissed challenges to the decision of the Centre to trade 5 per cent of its shareholding in Life Insurance Corporation (LIC) through an IPO #LIC #IPOAlert
Sr Adv Indira Jaising: please see the finance act of 2021. it is volume 2 milord @IJaising
LIC IPO - Long Thread:
This could be the most hated thread of mine, coz who can argue with LIC fan base? But if your money is not going the right way, I’ll raise questions like I always do. With $3BN riding on #LICIPO , this could be the saving bet for many. Or so you hope…🧵
This could be the most hated thread of mine, coz who can argue with LIC fan base? But if your money is not going the right way, I’ll raise questions like I always do. With $3BN riding on #LICIPO , this could be the saving bet for many. Or so you hope…🧵
2/n
India’s Insurance density (Premiums/population) is very low & you will hear this most from insurers. India at $59 per capita premium appears to be in its "infancy" with huge upside ahead. Even with a base of 1.4 Bn people, this does look attractive for high growth. Right ?
India’s Insurance density (Premiums/population) is very low & you will hear this most from insurers. India at $59 per capita premium appears to be in its "infancy" with huge upside ahead. Even with a base of 1.4 Bn people, this does look attractive for high growth. Right ?
3/n
Until you look at the YoY trend below (not found in DRHP, obviously). India has been stuck in this range since 2009. In-fact we have a falling trend with some spurts. This hardly looks like a growth market to me. So what happened here ? We’ll examine this later.
Until you look at the YoY trend below (not found in DRHP, obviously). India has been stuck in this range since 2009. In-fact we have a falling trend with some spurts. This hardly looks like a growth market to me. So what happened here ? We’ll examine this later.
THREAD 👇🏼
1As the #LICIPO opens today for retail investors here is a short thread of my pieces since 2020 revealing the anatomy of India’s biggest-ever privatisation scandal
1As the #LICIPO opens today for retail investors here is a short thread of my pieces since 2020 revealing the anatomy of India’s biggest-ever privatisation scandal
2 I start with this piece, written in Feb 2020, after FinMin first announced intent to “sell” LIC. I asked: how can you sell something you do not even own? frontline.thehindu.com/economy/articl…
3 In this piece, written in early Feb 2022, I warned about the grave possibility of undervaluing #LIC, India’s Crown Jewel. This was written before the LIC’s DRHP was filed with SEBI newsclick.in/lic-ipo-underv…
As the #LIC IPO opens today, a small snippet from its history...one of independent India’s first scams involved LIC, and a large part of the credit of bringing it to light lay with Nehru’s son-in-law.
Feroze Gandhi; whose proposal of marriage Indira Gandhi had accepted as she wrote, ‘on the steps of the (Basilica) of Sacré-Coeur’ at the end of summer while ‘Paris bathed in soft sunshine,’ is said to have had an unpleasant relationship with his father-in-law Jawaharlal Nehru.
The marriage was said to eventually have become an unhappy one. But, like Indira, he too spent time in jail during the freedom struggle; and was a formidable enough parliamentarian, not least when he was embarrassing Nehru’s government.
🏦Norges Bank, Singapore sovereign wealth fund GIC subscribe to anchor book: local MFs also come in as investors (#Kotak, #HDFC Mutual fund, #ICICI, SBI)
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🧵2
💳The #government is selling 22,13,74,920 shares in Life Insurance Corporation (#LIC) at a price band of Rs 902-949 a share, targeting to raise about Rs 21,000 crore.
🧵3
🧵3
🧵 Mega Thread, for the Mega IPO of #LIC 💰
Let us dive 👇
Please Like, Share, Retweet if you find it useful 😄
Let us dive 👇
Please Like, Share, Retweet if you find it useful 😄
IPO details:
IPO Opens: 4th May,2022
IPO Closes: 9th May,2022
Face Value: ₹10 per equity share
Price Band: ₹902 to ₹949 per share
Min lot: 15 shares
Issue Size: ₹21,008.48 crs
OFS: 221,374,920 Shares
(1/n)
IPO Opens: 4th May,2022
IPO Closes: 9th May,2022
Face Value: ₹10 per equity share
Price Band: ₹902 to ₹949 per share
Min lot: 15 shares
Issue Size: ₹21,008.48 crs
OFS: 221,374,920 Shares
(1/n)
The IPO will be purely OFS where Government of India will be offloading 3.5% stake in LIC
Employee reservation- Up to 1,581,249 Equity Shares
Policy Holder reservation- Up to 22,137,492 Equity Shares
Post that
QIB - 50%
Retail - 35%
NII - 15%
(2/n)
Employee reservation- Up to 1,581,249 Equity Shares
Policy Holder reservation- Up to 22,137,492 Equity Shares
Post that
QIB - 50%
Retail - 35%
NII - 15%
(2/n)
Random FACT - LIC is a part insurance and part investment products company.
The price band is set at Rs 902 - Rs 949 per equity share, and I find it very attractive.
LIC चा IPO येतोय..हा IPO घ्यावा म्हणून LIC कडून मोठी जाहिरातही केली जाते आहे.
पॉलिसी असणाऱ्यांनी हा IPO घ्यावा यासाठी LIC ने ६० रुपयांचा डिस्काउंट ही जाहीर केलाय..मग -
LIC चा मेगा IPO घ्यावा का ?
आणि
इन्शुरन्स चा धंदा मुळात चालतो कसा ह्याचा घेतलेला हा वेध..
#म #मराठीत
पॉलिसी असणाऱ्यांनी हा IPO घ्यावा यासाठी LIC ने ६० रुपयांचा डिस्काउंट ही जाहीर केलाय..मग -
LIC चा मेगा IPO घ्यावा का ?
आणि
इन्शुरन्स चा धंदा मुळात चालतो कसा ह्याचा घेतलेला हा वेध..
#म #मराठीत
इन्शुरन्स चा धंदा मोठा किचकट आहे.
ह्यात पॉलिसी घेणाऱ्याकडून थोडे पैसे (प्रीमियम)घेतले जातात आणि काही अघटीत झाल्यास(पॉलिसीत नोंदल्याप्रमाणे उदा. अपघात ,मृत्यू ,आजारपण इ इ)पॉलिसी असणाऱ्याला भरलेल्या प्रीमियमच्या काही पट रक्कम दिली जाते..त्या रकमेला म्हणतात - Sum assured .
ह्यात पॉलिसी घेणाऱ्याकडून थोडे पैसे (प्रीमियम)घेतले जातात आणि काही अघटीत झाल्यास(पॉलिसीत नोंदल्याप्रमाणे उदा. अपघात ,मृत्यू ,आजारपण इ इ)पॉलिसी असणाऱ्याला भरलेल्या प्रीमियमच्या काही पट रक्कम दिली जाते..त्या रकमेला म्हणतात - Sum assured .
आता प्रश्न असा पडतो की इन्शुरन्स कंपनी इतके पटीने पैसे आणते तरी कुठून..??
ह्यासाठी इन्शुरन्स कंपन्या २ गोष्टी करतात - १.मागच्या वर्षी समजा १०० लोकांनी पॉलिसी घेतली आणि त्यातले १० लोकांनी क्लेम केला तर ह्या बाकीच्या ९० लोकांच्या प्रीमियममधून क्लेम केलेल्या लोकांना रक्कम दिली जाते
ह्यासाठी इन्शुरन्स कंपन्या २ गोष्टी करतात - १.मागच्या वर्षी समजा १०० लोकांनी पॉलिसी घेतली आणि त्यातले १० लोकांनी क्लेम केला तर ह्या बाकीच्या ९० लोकांच्या प्रीमियममधून क्लेम केलेल्या लोकांना रक्कम दिली जाते
#MCOpinion: Fighting human emotions like greed, lust, and envy are very tough in a #StartUp ecosystem bonded with loose social contracts.
Read on 👇
moneycontrol.com/news/opinion/s…
#Unicorns #Investors
Read on 👇
moneycontrol.com/news/opinion/s…
#Unicorns #Investors
#MCOpinion: This ongoing #RussiaUkraineConflict is expected to accelerate the need & acceptance for #VDAs globally among ordinary citizens as a hedge when economic uncertainties rise.
Read more 👇
moneycontrol.com/news/opinion/r…
#Cryptocurrency #RussiaUkraine
Read more 👇
moneycontrol.com/news/opinion/r…
#Cryptocurrency #RussiaUkraine
#MCOpinion: States earn significant revenues from taxing #petroleum products. This is particularly true for the richer or the so-called industrialised states such as Tamil Nadu & Maharashtra.
Read more👇
moneycontrol.com/news/opinion/p…
✍️@gauravchoudhury | #FiscalDeficit #ValueAddedTax
Read more👇
moneycontrol.com/news/opinion/p…
✍️@gauravchoudhury | #FiscalDeficit #ValueAddedTax
Now that #LIC IPO valuation is in public domain , lot of question would be asked what is #EmbeddedValue, her is some clarity
Definition: Embedded value is the sum of the net asset value and present value of future profits of a life insurance company.
#LICIPO #EV #IPOAlert
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Definition: Embedded value is the sum of the net asset value and present value of future profits of a life insurance company.
#LICIPO #EV #IPOAlert
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Description: This measure considers future profits from existing business only, and ignores the possibility of introduction of new policies and hence profits from those are not taken into account.
Source : m.economictimes.com/definition/emb…
Source : m.economictimes.com/definition/emb…
Are you buying Insurance this year just to save taxes?
DON'T. 🤫
It could cost you more than it saves in taxes!
Here's how ⤵️
DON'T. 🤫
It could cost you more than it saves in taxes!
Here's how ⤵️
Suppose there is a Mr Rahul who gets Rs 7.5 Lakh a year as his salary (with no other sources of income).
➡️ In India, if you earn more than 5 Lakh, you have to pay taxes.
#taxpayers
➡️ In India, if you earn more than 5 Lakh, you have to pay taxes.
#taxpayers
But there are ways by which you can reduce your Taxable income. Some of them are:
° By investing up to 1.5 Lakh in PF, NSC, ELSS, Insurance, etc (80C)
° By investing up to 50 Thousand in NPS (80CCD)
° By investing up to 1.5 Lakh in PF, NSC, ELSS, Insurance, etc (80C)
° By investing up to 50 Thousand in NPS (80CCD)
