Discover and read the best of Twitter Threads about #PSUBanks

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Small PSU Banks & Yes Bank - Future multibaggers or just a frenzy?

One will think that it is the best time for PSU bank investors given the recent rally in psu banking stocks!!

Is it really the best time? Let’s find out !!

#yesbank #psubanks #multibagger #frenzy
First of all let me get this clear, if you are a new investor in PSU bank stocks who bought it 50-100% lower , then you have clearly made money and kudos to you for that…The question now to ask is whether the rally is sustainable or not
But, over the last 10-12 years the stocks have fallen a lot. From 50-80% even after such a rally.

But the next thought that comes to mind is will they regain their lost glory and go back to prices of 2020/2018/2015/2010.
Read 12 tweets
The banking sector has been an underperformer since COVID. What makes it so interesting now? (1/8)

#bankingsector #COVID19 #investing
The banking sector is the backbone of our economy. The health of our banks has always played a major role in our economic growth journey. (2/8)

#india #economy #banks
With the introduction of the Asset quality review in FY15-16, banks' asset quality has been under pressure. This was further aggravated by events such as demonetisation, GST, and the IL&FS crisis. As a result, the GNPA ratio for Banks rose to 11.2% in FY18 vs 4.3% in FY15. (3/8)
Read 8 tweets
#PayTmIPO #Paytm This will be a long tweet but worth your time it will help your investment decisions.
Before comments on #paytm I will rewind to 2008 I was heading institutional broking of large broking house with half a million clients and over 2000 offices across India,
Largest public issue #Rpower #reliance brand untill that point most trusted company among retail investors, IPO band was between ₹400-450 company wanted me to promote this issue, my answer was clear NO, I did not see any fundamentals matching I simply said #rpower has no fuse
Close to 14 years period of vanavas of lord ram still the share is trading around ₹14.
“The more you want something to be true, the more likely you are to believe a story that overestimates the odds of it being true” ~M Housel
Markets were at the peak when issue came and by end
Read 19 tweets
Have you ever felt that you have lived the present situation before? Its called #Déjàvu. Right now I'm experiencing this moment in the markets. #PSUBanks are going through tough times. But this isnt new. They were in a similar situation back in 2016. (1/n)
#PSUBanks were dealing with NPA's and losses in Mar 2016. Their troubles are amplified after the #COVIDー19 outbreak. But it seems worst is over. Here's a weekly chart of #NiftyPSUBank index. (2/n) ImageImage
#PSUBanks are forming bullish divergence in #RelativeStrengthIndex(RSI) on weekly charts. #RSI is a momentum indicator. Bullish divergence in it indicates that ongoing downtrend is losing steam. It doesnt guarantee a reversal but increases the chances. (3/n) Image
Read 12 tweets
Few years back psu banks forced their employee to buy their shares worth lakhs by any mean, if u dont have cash take loan but buy.
Thousands of crores shares were bought back by many employees.
Now value of investment is in thousands.
Two examples a Friend father took
Shares worth 2lakh now is worth 15k.
Another friend bought shares worth 2lakh is 48k.
Both took shares by taking forced loan from bank.
Interesting na u r paying interest for something which is going to be penny 😂.
This is how a common man
Who doesn't know anything about stock market looses faith.
But media never discuss these issues.
Isn't it less than an organised scam?
#psubanks #wealthdestroyer
Read 3 tweets

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