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Eastern Silk Industries
buy eastern silk shiva cement
Posted by :
GuestTracked by: 0 Boarder
see sudden upmovement in bhel gvk after 2 pm gvk blasted now buy eastern silk shiva cement...
Eastern Silk Ready to Soar.
Posted by : morningstarTracked by: 0 Boarder
Dear truetalk, in my opinion, it is not even worth holding for its dividend yeild as it might cut back on the dividend drastically for next financial.
Dont you think the demand for its furnishings and fabrics go down drastically as it exports mostly to Europe and US. There people are busy trying to save money for paying bills and credit dues. And the worst of the financial crisis is yet to come. It is much better to stack your cash in a FD which will fetch you upto 11.5% and have a sound night`s sleep...
Cheers!!...
In reply to:
Eastern Silk Ready to Soar.
Posted by : TRUETALK
I think you are right. I have wiped out all my gains in this counter. However, at this juncture it is futile to get out. At current price one gets 10% tax free yield in the form of dividend. Further downside is limited. One may add at CMP.
Considering that even large caps like Reliance, L&T and many others too have seen upto 75% downfall from their high, a small cap which is not even fancied by the market can not resist downfall. Being an ill-liquid stock, a large sell order would put it on lower circuit and a large buy order would put it on upper circuit.
The management is not investor friendly. Otherwise, sitting on huge reserves it could improve liquidity by announcing bonus in large proportion.
Thanks anyway. 
Eastern Silk Ready to Soar.
Posted by :
neha2003Tracked by: 0 Boarder
I think its investor friendly. it has been raising dividend for past few years....
In reply to:
Eastern Silk Ready to Soar.
Posted by :
tibusa
wait for q3 and q4 you will regain cnfidence in the counter . you will see price close to 18 to 20 before feb 09
Eastern Silk Ready to Soar.
Posted by : tibusaTracked by: 0 Boarder
wait for q3 and q4 you will regain cnfidence in the counter . you will see price close to 18 to 20 before feb 09...
In reply to:
Eastern Silk Ready to Soar.
Posted by :
e surfer
Dear TRUETALK
AT present market juncture and conditions
it would be very difficult for any company
to come out with bonus
But you are correct in saying
that ESI has actually underperformed the overall markets
With Regards
Hemal
Eastern Silk Ready to Soar.
Posted by : e surferTracked by: 0 Boarder
Dear TRUETALK
AT present market juncture and conditions
it would be very difficult for any company
to come out with bonus
But you are correct in saying
that ESI has actually underperformed the overall markets
With Regards
Hemal...
In reply to:
Eastern Silk Ready to Soar.
Posted by : TRUETALK
I think you are right. I have wiped out all my gains in this counter. However, at this juncture it is futile to get out. At current price one gets 10% tax free yield in the form of dividend. Further downside is limited. One may add at CMP.
Considering that even large caps like Reliance, L&T and many others too have seen upto 75% downfall from their high, a small cap which is not even fancied by the market can not resist downfall. Being an ill-liquid stock, a large sell order would put it on lower circuit and a large buy order would put it on upper circuit.
The management is not investor friendly. Otherwise, sitting on huge reserves it could improve liquidity by announcing bonus in large proportion.
Thanks anyway.
Eastern Silk Ready to Soar.
Posted by : TRUETALKTracked by: 0 Boarder
I think you are right. I have wiped out all my gains in this counter. However, at this juncture it is futile to get out. At current price one gets 10% tax free yield in the form of dividend. Further downside is limited. One may add at CMP.
Considering that even large caps like Reliance, L&T and many others too have seen upto 75% downfall from their high, a small cap which is not even fancied by the market can not resist downfall. Being an ill-liquid stock, a large sell order would put it on lower circuit and a large buy order would put it on upper circuit.
The management is not investor friendly. Otherwise, sitting on huge reserves it could improve liquidity by announcing bonus in large proportion.
Thanks anyway. ...
In reply to:
Eastern Silk Ready to Soar.
Posted by : TRUETALK
I think you are right. I have wiped out all my gains in this counter. However, at this juncture it is futile to get out. At current price one gets 10% tax free yield in the form of dividend. Further downside is limited. One may add at CMP.
Considering that even large caps like Reliance, L&T and many others too have seen upto 75% downfall from their high, a small cap which is not even fancied by the market can not resist downfall. Being an ill-liquid stock, a large sell order would put it on lower circuit and a large buy order would put it on upper circuit.
The management is not investor friendly. Otherwise, sitting on huge reserves it could improve liquidity by announcing bonus in large proportion.
Thanks anyway.
BSE Announcements on Eastern Silk
Posted by : MMB MessengerTracked by: 0 Boarder
Eastern Silk Industries Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008....
Tracked by: 0 Boarder
After announcing its 1st qtr results, the share had gone up sharply, almost more than doubled, but its 2nd qtr results hv again turned weak and now it is learnt that 3rd qtr will also be weak. Hence the weakness in this share. Thanks for yr views....
In reply to:
results
Posted by : morningstar
In my opinion the stock will be hammered mercillesly and could see around fivish levels!
No sane investor likes to be with such market hated stocks.
The above is my personal opinion based on my constant monitoring of the stock for the past 3 years!!
Cheers!!
results
Posted by : morningstarTracked by: 0 Boarder
In my opinion the stock will be hammered mercillesly and could see around fivish levels!
No sane investor likes to be with such market hated stocks.
The above is my personal opinion based on my constant monitoring of the stock for the past 3 years!!
Cheers!!...
In reply to:
results
Posted by : vkk43
Results of 2nd qtr are weak as compared to 1st qtr. However, share should hold at current level on these results.
2nd Qtr results
Posted by : krishpkkkTracked by: 0 Boarder
Profit for the qtr 11Cr after accounting for 10cr loss on derivatives. Half year Profit is 31cr and EPS is 3.87(six months). CMP of 8 (0.2 times book value of 45)is rediculously low, though Goldman has exited from its investments.(Don`t know who bought their stake).Good value pick.......
results
Posted by : vkk43Tracked by: 0 Boarder
Results of 2nd qtr are weak as compared to 1st qtr. However, share should hold at current level on these results....
SUPERB RESULTS
Posted by : saifiTracked by: 0 Boarder
Sorry! the results r for half year ended Sept 2008...
SUPERB RESULTS
Posted by : saifiTracked by: 0 Boarder
The co. has declared excellent results with a quaterly net profit of Rs. 3o crores on an Equity of Rs.15 crs for Sept 2008. expect at least 2 upward circuits....
estimate profits
Posted by : GuestTracked by: 0 Boarder
profits of 25 crore estimated....
Sep 2008-rsults-
Posted by : GuestTracked by: 0 Boarder
why you are wasting your energy on this so called dull stock when you are not so positive about the future of this company. keep your cool and let everyone enjoy or suffer for their decision. I think you are discouraging people to purchase this stock with a view to benefiting in the long run - brightlight...
In reply to:
results
Posted by : vkk43
Results of 2nd qtr are weak as compared to 1st qtr. However, share should hold at current level on these results.
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