Infrastructure India Share Discussion Threads

[bckttsim] 06/4/2019 17:56

I cannot believe how undervalued this is. No wonder director filling his boots. This has the potential to 10x No shares in free float either ...

[letmepass] 06/4/2019 11:39

Monday open at 2.1 and finish at 3p. Tuesday finish at 6p.

[letmepass] 06/4/2019 00:42

After hours RNS. Great week ahead

[letmepass] 06/4/2019 00:24

Next week coukd be a very positive one

[escapetohome] 05/4/2019 16:41

Very very nice.

I like it, indeed i do.

Thanks to the sellers, who paninked i picked up a screaming out loud 100,0000,000 decibel bargain.

[noirua] 05/4/2019 16:39

A take out looks increasingly certain and way above the 0.75p - 1.20p spread at the recent low point. Only way to buy a big chunk of stock is Fill-or-kill at 3p and that may not last long into next week.

[letmepass] 05/4/2019 13:51

All sells being soaked up

[jimbo130] 04/4/2019 18:25

Shame I was hoping to buy 1m-1.5m

[jimbo130] 04/4/2019 18:24

Interesting buys.

Looks like the shorter firm is buying back.

Spread was 1.20p- 1.60p




14:43:16 04-Apr-2019 1.50 GBX 1,100,000 16,500.00 Off-book LRGS AIMX
14:43:06 04-Apr-2019 1.50 GBX 1,100,000 16,467.00 Off-book LRGS AIMX

[escapetohome] 03/4/2019 22:09

Please see the DLI website for the many services this jewel of a company provides in India.

Escapetohomes certified opinion : A GROSLY UNDERVALUED SHARE


DLI currently operates regular train services connecting Northern & Central hinterland to the Western Gateway Ports on following Exim Routes:
Nagpur-JNPT-Nagpur


DLI provides end to end logistics solutions for distribution of Domestic Cargo in containers as per Customer requirements. Currently DLI is serving Domestic market in India on following Domestic Routes:
Morbi (Gujarat)-Devangonthi (Karnataka) –Borkhedi (Nagpur)-Mumbai (Maharashtra)–Morbi (Gujarat)Hazira (Gujarat)-Borkhedi (Maharashtra)-Hazira (Gujarat)Mumbai -Borkhedi (Maharashtra)- Mumbai Palwal (Haryana)-Borkhedi (Maharashtra)-Palwal (Haryana)

[escapetohome] 03/4/2019 19:23

Im hanging on to mine.

I bought in sub 1p.

[jimbo130] 02/4/2019 10:51

NAV must have gone up by at least 5%-6% too.

Closer to 30p per share




Home News GBP to INR Indian Rupee Flips From Worst To Best Performing Asian Currency - RBI Forecast To Slash Interest Rates
Indian Rupee Flips From Worst To Best Performing Asian Currency - RBI Forecast To Slash Interest Rates
Posted by Elaine Housten in GBP to INR, INR, - 29 Mar 2019 08:40

RUPEE UPDATE: Month-end Dollar demand offset below-forecast US GDP figures to spur the US Dollar to Indian Rupee exchange rate higher through Thursday and into Friday's session.

Ahead of the weekend, the cross is expected to be impacted by the latest Indian economic figures. In a report for clients, Motilal Oswal Financial Services' analysts, wrote "Today, fiscal numbers will be released and a weaker-than-expected number could weigh on the rupee." However, the main focus will be next week's RBI policy review with investors uncertain as to whether the RBI will cut rates or not.

A number of potentially high impact US releases are due on Friday which could prompt some volatility for Dollar-crosses while risk-appetite is also in the cross-hairs as US-Chinese trade negotiations reach a critical phase.

Indian Inflation

Above: Indian Inflation Figures

Ahead of next week's Reserve Bank of India (RBI) bi-monthly monetary policy review, investors were relatively in the dark as to whether the central bank would continue to cut rates, having recently shifted stance from "calibrated tightening" to "neutral", given the bilateral influences of rising inflation on the one hand and government pressure to continue easing on the other.

The Indian Rupee's had a rollercoaster of a quarter with Rupee performance through January earning the it the title of worst performing Asian currency as it tumbled 1.9% against the Greenback.

However, a stark reversal has led the INR to become Asia's top outperformer for March.

At the time of writing, the latest forecast for rate adjustments are slightly stale. However February's Bloomberg poll of economists indicated that a majority of respondents anticipate the RBI to cut rates by a further 25 basis points at some point during Q2, leading to an assumption that we could witness a cut from the RBI's April or June meetings.

Commenting on the RBI's most recent policy meeting which saw an unexpected 25 basis point cut to the RBI repurchase rate (down to 6.25%), ING Asia economist, Prakash Sakpal wrote "The only supportive factor for the last rate cut was the falling current rate of inflation (CPI). But inflation expectations were still high and remained supported by loose fiscal policy and a weak currency (INR) - which were strong arguments against a rate cut. The rupee's (INR) 1.9% depreciation in January was the worst in Asia."

Regarding recent inflation data, it appears that inflation may have bottomed out at 2.0% (y/y, total CPI) in January with the February figure rising to 2.6% expected to mark the beginning of an uptrend, spurred by firmer food and fuel prices and an election-related boost to consumer spending.

[noirua] 02/4/2019 10:26

A bid by GGIC looks a lot closer now. Buying in all the quoted shares and re-floating some years down the line.

[noirua] 02/4/2019 10:22

So far so good. All the money needed to complete the terminals has arrived and confirms GGIC have not given up on developing DLI. The previous deal looked a bit flawed as most of DLI could have been lost and the downside on this deal is the interest rate payable.

The market cap is exceedingly low at 1.9p and should move on to a much higher level. Hard to work out to what level but £30 million to £50 million looks about right.

[escapetohome] 02/4/2019 09:16

I just hope all these loans work out financially to ensure a business can operate , and not just pass the parcel.

[gregpeck7] 02/4/2019 08:28

Bloe pre gas update. That's where you need to be.

[toogood4me] 02/4/2019 08:27

Bye bye let me puss

[letmepass] 02/4/2019 08:10

Boom 8p come on

[escapetohome] 27/3/2019 09:19

Ive bought a few hundred pounds worth here, as a complete gamble.

Realising i may lose the whole lot!

But prepared to take a gamble, huge spread so already lost a chunk.