Personal Finance Community

by DiwaliBonus

8 months ago

Going to buy Paytm Stock

RBI is a big bully, everybody knows that. RBI has bullied the likes of HDFC, ICICI and a lot of fintech startups. All it wants is that these folks are compliant with the rules. RBI is one of the most stringent Central banks in the world. This also ensures a lot of financial stability in the country, sometimes overdoing the regulations. Once you fix the systems and comply with RBI, business is back to usual. This has been the trend in all the notices that have been sent across to all the different companies. Paytm should be no different. Paytm has a book value of 205. In case the stock hits a few more lower circuits, in the words of Ashneer Grover, it'll be a "Screaming buy". Every good opportunity comes with a lot of risk. The primary risk here is that Paytm doesn't get its act straight and RBI at the end of February imposes the actions that are mentioned in the circular. Next line in such a case. Well the money is lost but if they fix the necessary things within time then it's going to be a jackpot. Catching falling knives is never easy, and it's bound to hurt you, but hey, "Risk He Toh Ishq He". Next lower circuit is ~487rs The one after it is ~390rs. I think anything under 500 is great price without the RBI impact. If it hits the circuit tomorrow, I'll start buying on Monday. If it doesn't, well, salary is already credited, so it's time for some risky investment.

Grapevine107

Stealth

8 months ago

I also think the RBI should not want Paytm to fail because that shall mean PhonePe and GooglePay gain. They already control 80-85% of the market

DiwaliBonus

Zomato

8 months ago

Absolute loss of trust is more concerning. RBI came in too abruptly, without thinking of second, third order effects. When you do something wrong, you're asked to correct it, no shut shop. If they shut it down, Fintech ecosystem will never be the same, nobody will start anything.

PriceyStone

Unnamed

8 months ago

Abruptly???? Pardon my french, but are you dumb? This has been going for 2+ years now. Their first warning was 2.5 years ago. They didnt fix it. They were given a slap on the wrist in 2021. Paytm didnt cleanup house still. And now the sledgehammer. After 3 years. For context, I have worked with RBI folks several times prior to covid. This wasnt surprising at all.

ElonMast

Amazon

8 months ago

Para 1 Bully and “all it wants is that these folks are complaint” Para 2 RBI is stringent and it ensures financial stability Para 3 Business is back to usual - But why will people trust the business for such governance issues Para 4 Ashneer Grover - Bas Bas ab aur nahi 🥲

DiwaliBonus

Zomato

8 months ago

Fact. Fact. People are still trusting Yes Bank, HDFC. Razorpay didn't onboard merchants for a year. Their system was f-ed. Do you hesitate while making a payment via Razorpay? 😂

ElonMast

Amazon

8 months ago

Product usage/popularity IS NOT ONLY a sign for valuation 🥲 Sincerely, HDFC Bank stock 🎤

MightyLazyGeekStar

Stealth

8 months ago

This is the second post on someone buying paytm stock. Please go ahead, some sellers out here will be extremely thankful.

DiwaliBonus

Zomato

8 months ago

Happy to help.

PaneerConnoisseur

Morgan Stanley

8 months ago

RBI isn't the bully here. How hard is it for these Rich People and Companies to comply with the regulations? This isn't the first time either. RBI picked up the whip due to repeated non compliance. Paytm is going to have a hard time getting its banking business up and running.

BinaryBillionaire

Stealth

8 months ago

“Risk hai toh Ishq hai” I love how people take dumb investment decisions because of this senseless dialogue which was not even said by Harshad Mehta irl. OP, more power to you mate. Buy all paytm shares you get.. I want to see your name in the shareholders list in next quarter. All the best!

DiwaliBonus

Zomato

8 months ago

"I love how people take dumb investment decisions because of this senseless dialogue which was not even said by Harshad Mehta irl." I love how people completely ignore a whole DD and just cherry pick one line to soothe their ego and feel better about themselves. Monger fear. Stay subjugated. Good luck to you, hope this currently is the lowest point of your life and you shall only rise above from here. More power to you mate.

BinaryBillionaire

Stealth

8 months ago

I wonder how badly the current investors of Paytm got brutally hurt in the ceasefire. Saying that, investing in any company should be done by logic and analysis and not emotion. I was stating that when I cherry picked that harshad mehta line. But if you’re certain about your logic and analysis of paytm, then just buy directly.. why do you want to post your analysis here before you buy? Oh or is it because you got hurt in the ceasefire and now want to dump your shares so you’re trying to create a FOMO so that people buy this share? Please explain why you shared your analysis here.. when you clearly know that a good investor would never publicly announce what they’re going to buy, coz it will only inflate its stocks price before they can buy

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Swiggy

8 months ago

Going to buy PayTM’s shock ⚡️

samosa

Stealth

8 months ago

but where are you going?

ShivBaba

Adobe

7 months ago

Le liya bhai paytm?

DiwaliBonus

Zomato

7 months ago

Yes. 20k ka today. Tomorrow I'll buy 40k if there's no LC. If LC, then 20k again and 40k on Wednesday

ShivBaba

Adobe

7 months ago

Nice bro!!

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CunningLinguist

Venture Capital

8 months ago

I concur with your view. The stock will become attractive if it continues this downfall. At certain levels, risk reward ratio is just too skewed.

DiwaliBonus

Zomato

7 months ago

Haters gonna hate. Already 10%+ green on overall position (avg 414rs)

Gob_Bluth

Student

8 months ago

So, did u buy?

DiwaliBonus

Zomato

8 months ago

Read last para?

Seeker181

Others

8 months ago

Will buy on Friday, weekend they come up with some fix , may miss the opportunity to buy next week .

Lord

Samsung

8 months ago

Bro did you buy the paytm stock? It is now under 500.

DiwaliBonus

Zomato

8 months ago

Will buy some shares by EOD, but mostly on Monday.

Emperor1

Stealth

8 months ago

The most important thing is that PayTM flouted rules which is damaging to the trust on overall banking system and investment of masses. This hasn't come in randomly, RBI pursued this issue for 2+ years so PayTM can't cry foul now. PayTM not only played their customers but also made huge losses to investor money. Investment in PayTM should be done with caution.

AcidicPearl

Jupiter

8 months ago

Paytms cofounder is director of a Chinese shell company. Which RBI doesn't like at all

PureStole96

Stealth

8 months ago

PayTM Bank is being used for money laundering and scams thanks to their lax rules. 1000s accounts on 1 card, what a joke. You can get a fake PayTM Bank account for just 500. That's how stringent their process is.