hi siddhartb . welcome here. was thinking that gr8 results by ril will help market. got the shock when the script fell itself. as siddhart said,F&O; is to be blamed.anyway it seemed up today. also poor results by arvind mills 😞 . muks
U might want to shift to alok textiles paring ur exposure in Arvind Mills .....better thn expected results..tht way u get a foothold in the rerating tht shall accompany the MFA regime removal frm 2005 onwards or else some short erm gains by booking profits at 60+ levels...either way i guess alok looks a safe bet...if ur not over greedy !: -p
" Alok Industries has a presence in the higher end of the textile industry value chain stretching from weaving and processing to readymade garments. The company has a good international presence and supplies apparel to leading retailers such as Target, Bed and Bath Linen and Wal-Mart. Domestically, it supplies fabric to Zodiac clothing. The home textiles segment is predicted to be a $ 23 billion market by 2010 with the US and EU accounting for about 70 per cent of the world's home textile imports. Home textiles is a highly value-added item and, hence, commands large margins. "
Jus heard tht the resutls are out and tht it has outperformed the markets too.....worth watchign out !!!
Exit poll shocks 213 poits down 54,000 crores loss on capital !!,quiet battering, me sold out major on friday, ultimate loss for me 800/- decent Today portfolio stands at IBP 30 @629 Infosys 1 @ 5090 sold @ 5125 Andhrabank [email protected] Welspunj Gujrat 100@ 40 net net loss 1425
Banks have taken a major beating after SC's order denying them declaring dividends if their NPA exceed 3%(i guess there isnt even one bank is India which qualifies, ICICI is the closest with 4.7%)... But if you believe in the long term story then hold onto Andhra Bank and sell it during a bull run and not during a bearish phase!!!
A dismal day again at the markets :( The only plus was Infosys which rose some 2-2.5%... Looks like it will be the next exit polls that will sent the tone
considering the fact that the company is going to start its production from 2005 onwards (after 1.5 yrs) its no use keeping these shares... it may go upto 28-30 post elections ..... hence if u keep them u may earn another (30 - 23) * 100 = 700 whereas if u reshuffle ur portfolio & buy GAIL below 200... i.e., 11 shares with the same amount (2300/- after selling petlng) u may receive a valuation of (300-200) * 11 = 1100/-...... i expect it to move to 275-300 post elections.... & 350 in medium term... or for that matter consider ONGC ... post elections it wud go beyond 1000 ...so if u buy it below 800 u can earn a decent profit of (1000 - 800) * 4 = 800/- SCI is also a gud option (only if NDA comes back to power, this scrip will zoom past 200) just wait till 3rd phase gets over.. chk out exit poll results on 5th . If it shows NDA to get 260-280 ..... just enter into the mkt... but in case it shows anything lesser than tht...wait for another few days (bcoz mkt gonna fall further) ...
Disclaimer: apni akal lagao, kisike kehne pe mat jao...
well yes it opened with 83 pts or so... guess a correction frm yest. me entered in a high risk situation two days ago with SAIL and Arvind mills. and then the news of the Chinese eco. cooling hit the SAIL counters. 😞 😞 but looking at the long term i dont have any probs. no time now to look at stocks with exams approaaching.
n i think oil and gas are surefire stocks to go for regardless of any govt or hung parliament. coz prices are set to rise post elections. GAIL is very very attractive at 216-220 today. and mois just got 100 of them!!!
also guys chk out the smart surge in the pharma stocks o'er the past month or so...ranbaxy has serrupticiously gone up 150 bucks!!! even aurobindo pharma (this is 1 one my fave stocks) has regtd. a smart rally of over 60 bucks....wonder if it is bcoz of wockhardt's bonanza last month.....
I am tracking Moser Baer... They came out with disappointing numbers this quarter and the stock is in correction mode after that.... but they have also given a good guidance for next year...expecting 25% growth... will be a good buy at 260-265 levels
I am tracking Moser Baer... They came out with disappointing numbers this quarter and the stock is in correction mode after that.... but they have also given a good guidance for next year...expecting 25% growth... will be a good buy at 260-265 levels
speedster, thanks for sharing the info. i was also wondering about the disappointing numbers. there exports seem to have stagnated this quarter, not too good esp in view of the capacity expansion. my average buy is still a lowly 180.. and i hope they deliver on the growth promise. :).
nickspeedster wrote: I am tracking Moser Baer... They came out with disappointing numbers this quarter and the stock is in correction mode after that.... but they have also given a good guidance for next year...expecting 25% growth... will be a good buy at 260-265 levels
speedster, thanks for sharing the info. i was also wondering about the disappointing numbers. there exports seem to have stagnated this quarter, not too good esp in view of the capacity expansion. my average buy is still a lowly 180.. and i hope they deliver on the growth promise. .
i heard sometime ago that an anti dumping duty was slapped on moser baer. this could be the reason fr its poor performance.anyway it was removed after some time(probably on challanging the duty).so it could turn out better than expected results. anyway i couldn't confirm the news.if somebody knows the truth plz come out. muks
Speaking of equity markets, correct me if i am wrong, but i am curious why the stock market system appears so shortsighted.
By setting up a quarterly performance trend, the markets force listed companies to perform every quarter. Does it not affect the companies who need to make huge investments that will show up as a one time charge on the balance sheet, but might give good returns only in the long run. Not only here, but in the US too, its ridiculous how the stock price is affected if the earning misses estimates by a penny or two versus the earnings beats the estimates by a penny or two.
How can companies be expected to show good quarterly earnings consistently.... this is one of the most common reasons for the companies to "manage" their earnings. right?
htowner....interesting point you make there... and thats the reason why GOOGLE has categorically stated that it will not release quarterly numbers post listing and nor will it give a guidance Google truly rocks man!!!
htowner....interesting point you make there... and thats the reason why GOOGLE has categorically stated that it will not release quarterly numbers post listing and nor will it give a guidance Google truly rocks man!!!
Well, the same was said of yahoo. yahoo's owners said a similar thing that we are a different company. but a dose of reality after the IPO, they went back to the same system.
Google is going to be different. Sure, but will the market change for it, no one knows. Did you check out A9 , amazons search engine company. and longhorn and yahoo are next. tough competition indeed. the web is a great leveller indeed.
I incidently have a copy of google's IPO filing, and its a very candid document.
Speaking of equity markets, correct me if i am wrong, but i am curious why the stock market system appears so shortsighted.
By setting up a quarterly performance trend, the markets force listed companies to perform every quarter. Does it not affect the companies who need to make huge investments that will show up as a one time charge on the balance sheet, but might give good returns only in the long run. Not only here, but in the US too, its ridiculous how the stock price is affected if the earning misses estimates by a penny or two versus the earnings beats the estimates by a penny or two.
How can companies be expected to show good quarterly earnings consistently.... this is one of the most common reasons for the companies to "manage" their earnings. right?
any answers?
yes this is what makes the market interesting. without even looking at the Balance sheet, Income statement ot the Cash flow statements of the company , people pour into or pour out tonnes of money in that company. yes a prudent investor would never make such mistakes and gain a lot at the cost of such investors. 😁 and anyway such short term market swings have no impact on the company's health
htowner....interesting point you make there... and thats the reason why GOOGLE has categorically stated that it will not release quarterly numbers post listing and nor will it give a guidance Google truly rocks man!!!
does google really needs and IPO Ya I too glanced at their 161 pages IPO filling statement with the SEC for an Initial Public Offering via dutch auction I admit is the most frank statement I have ever seen. They would use the money (2.7 billion) for mostly administrative and general expenses plus making new acquisitions. but the company already sitting on a big pile of cash 460 million dollars
so do they really need IPO? would many acquisitions be indeed profitable ?? well I think this IPO has been easy way for then founders and top management to become billionares and then sell their shares. (this IPO may value the company to 25 billion)
Like what Bill Gates is doing selling millions of Micirosoft shares and buying Pharma shares ... and no surprise y he is investing heavily in the AIDS program on the pretext of philanthropic cauuse
.Yesterday bought 300 allahabad and being a bank holiday i couldn't sell it 
