Thread by @bhaveshd13

Dear @AnilSinghvi_ i have been long follower and admirer of your channel and insights. after the events that have unfolded today are truly disastrous for ordinary indian retail investors and public in general. yes i am talking about #IRCTC 1/13

a sudden split of stock followed by an surprise element of 50% revenue sharing has come as a shocker to a retailer who goes to his 9-7 job daily and only source of news in general is newspapers and a truly honest and unbiased media personality like you.

a strong monopoly stock of a ticketing platform, catering and tourism company under the governance of an strong majority and able govt has very smartly cheated retailers. 80% of my shares are withheld my depository,

whereas i have obviously paid 100% of due when i purchased the same. can @SEBI_India tell us why trading is being allowed in the stock when 80% of my stock isn't there in my demat. whereas @RailMinIndia has openly looted @IRCTCofficial from its investors.

below are my questions for anyone who is aware and not necessarily for Anil sir
1. why revenue sharing wasn't done before listing?
2. what stops railways from further raising their share from 50% today to 100% commissions in future ?
3. can they also sell rail neer in future?

4. what stops them from allowing other portals to sell tickets and tour packages?
All this leading to probably 0 Market cap for our beloved #IRCTC
why was this stock listed in the first place as an entity in itself if railways want to keep taking of its revenue.

5. what was the point of our investment if profits will not be passed onto investors but to govt ?
what i understand govt is not into market cap game and stock growth or stock appreciation but simply into milking money today for general welfare or whatever

if that was the case then this company shouldn't have opened for public investments.
Dear @nsitharaman @RailMinIndia @PMOIndia your govt has sincerely lost our respect today and i wont be participating in any further govt psu's.

@SEBI_India pls find some credibility and protect retailers, stock is clearly going to hit lower circuit tomorrow and by the time 80% gets credited stock would be down 30-40%.

why cant i sell my entire investment in #irctc when company is allowed to share its 50% revenue and make drastic changes as per its will but i dont even have my shares with me for which i have paid in 100% upfront. do you find any sense in this ?

Dear @AnilSinghvi_ pls help us retailers as your voice is something we rely on and is duely respected in all eyes.

and then we question others as why they do FD, THIS IS EXACTLY WHY, ONLY 5% OF INDIAN POPULATION DOES EQUITIES, nobody trusts the market, rightly so, if one cant trust their govt run monopolies then what can we expect of private companies and promoters

as @contrarianEPS and @IndiaEtfs, @1PageFinance rightly say index funds and NifyBees hi sahi hai. saves you black swan events like these.

tagging some credible voices i have learned from @unseenvalue @ishmohit1 @soicfinance @blitzkreigm @DarshanRavalDZ @connectgurmeet @AdeParimal @varinder_bansal @Nithin0dha @zerodhaonline @Jatin_Khemani @vetris_stocks @sidd1307 @SunilBSinghania @NeilBahal @safiranand @nooreshtech

@iRadhikaGupta @Rishikesh_ADX @datta_arvind @MrRChaudhary @thesanjaydutt @MohnishPabrai @BMTheEquityDesk @shyamsek @porinju @Iamsamirarora