Saturday, December 24, 2011

RIL - Sirf naam hi kaafi hai

Assume you have a huge cash pile with you.

You can invest it
OR
You have the choice of investing or putting it in FD/NCDs till you decide what to do with it.

Person who opts for option 2 will be appreciated as being prudent.

RIL is doing just that.

Have a look @
http://economictimes.indiatimes.com/special-report/mukesh-ambanis-ril-not-buying-despite-its-huge-pile-of-cash/articleshow/11087027.cms

25 Bn USD of cash ----- uh

News:
RIL buys stake in Nuclear Design Company -
http://www.hindustantimes.com/business-news/CorporateNews/RIL-buys-stake-in-Terra-Power-US/Article1-785831.aspx

RIL buys stake in US Shale gas company
http://energybusiness.in/ril-acquires-stake-another-shale-gas-company/

It has many ventures

- RIL Pet Chem
- Oil, Gas and Refinery
- Retail (Includes Gold, Grocery, Shoes etc)
- Retail Outlets to sell Petrol
- Internet Telephony (4G)

RIL has the following unique problem:
What to do with so much cash?????

While other companies struggle with the following question:
Where to get cash from????

Isn't that an issue we all dream we should be in?

Will you buy RIL for the sheer cash size it has?