Stocks

Just sell and move on . Overvalued by a large mark

Jindal Steel

Posted by : ninkyrajiv
Price when posted : BSE: Rs 720.35 ( -0.31 % ), NSE: Rs. 721.05 ( -0.35 % )

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There is always apoint at which price is no justified. Today you can buy Tata Steel and have Rs 15000 Crores spare with money for Jubdal. Mind you Tata steel has operations in more than 1 country!

Just get out. It is heavily over valued. I see fair value around 400 levels in 3 months....

Heading

Colgate

Posted by : misha
Price when posted : BSE: Rs 675.15 ( -0.98 % ), NSE: Rs. 674.65 ( -1.01 % )

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last bonus was announced in 1993. as the equity was blown on a/c of continuous bonus, company didnot announce bonus for more thn 13 years. therefore, to make the share price attractive, they have reeduced the equity from 139.00 crores to just 13.90 crores by refunding the face value by rs.9.00. now the share price is rs.1.00. the profit to equity ratio is more than 20 times makes the case pregnant for issue of bonus atleast 1:1....

In reply to:

Heading

Posted by : NAUGHTY007

ur welcome misha-the div is good but the yield low at these levels-and bonus not announced since long-i think 14-15 yrs

Paramount Communications

Paramount Comm

Posted by : jashn24
Price when posted : BSE: Rs 14.94 ( 1.15 % ), NSE: Rs. 15.05 ( 2.03 % )

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Addressed to  nadhi,  Kalyanmitta

Dear Nadhi, Kalyanmitta,

thanks for sharing.It seems to be a safe stock to enter at cmp, for good steady returns.having gone through a bit more of info on the same, i`ve changed my views to a long term hold, for a target of 45 rs min. i`ll pick a bit now itself :)-
Cheers
Regards,
Jashn Sarvi...

Bharti Airtel: Book Profits!

Bharti Airtel

Posted by : Varner
Price when posted : BSE: Rs 275.80 ( -4.48 % ), NSE: Rs. 275.25 ( -4.68 % )

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This saying of Waren Buffet holds good even now, i.e.
BUY WHEN EVERYONE IS SELLING....

In reply to:

Bharti Airtel: Book Profits!

Posted by : investor11

dear varner
I apreciate ur optimism and only would like to reproduce old famous saying of legendry warren buffet`be greedy when evryone is fearfull",i do not know whether this is applicable in this case as well ?

NSE Announcements on Kale Consult

Kale Consult

Posted by : shanx
Price when posted : BSE: Rs 76.65 ( 0.13 % ), NSE: Rs. 77.00 ( 0.65 % )

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No where is the price of conversion of the warrants mentioned. No other details are mentioned either. What kind of corporate governance do these guys follow!!
I checked both the bse and nse sites.

Cheers,
Shanx...

In reply to:

NSE Announcements on Kale Consult

Posted by : tarkeshwar

What price is the warrant issue at?

180 to 190 near term

Panacea Biotec

Posted by : tara23
Price when posted : BSE: Rs 166.20 ( 4.99 % ), NSE: Rs. 166.60 ( 5.01 % )

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just like that after viewing 2012 movie :-)...

In reply to:

180 to 190 near term

Posted by : LEO THE LION

you are from science
do u believe in such things......?

INFLATION DATA WILL NOT RELEASE EVERY WEEK.

ICICI Bank

Posted by : pawanhargunani
Price when posted : BSE: Rs 916.85 ( 2.18 % ), NSE: Rs. 917.25 ( 2.26 % )

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Addressed to  BAZEEGAR

sir ur long term picks telecom stocks r going down almost daily like falling cards even on 2 days of a goodupmove all bcoz of short covering they were unable to move means there is not even short covring happening in these stocks they r just going down. Even today FIIs had sold a large chunk of telecom stocks especially bharti and idea. Now what is ur view...

In reply to:

INFLATION DATA WILL NOT RELEASE EVERY WEEK.

Posted by : BAZEEGAR

Dear sir,

my hot picks are from telecom sector. see they currently trading at very low valuation. buy IDEA,RCOM for long term view.

Consolidated results have been very good, FCCB buy back done

Paramount Comm

Posted by : jashn24
Price when posted : BSE: Rs 14.94 ( 1.15 % ), NSE: Rs. 15.05 ( 2.03 % )

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Addressed to  nadhi,  Kalyanmitta

Hi KM,
The consolidated Results have been really good, and seems a great buy at cmp. there`s a lot of bullishness in the scrip now. losses of previous FY has almost fully been covered in this qtr itself!

--------
excerpts from notes of accounting, Q2 fy10 results:-

Consolidated financial results include unaudited financials of AEI Cables Ltd, United Kingdom and Paramount Holdings Ltd, Cyprus the wholly owned subsidiaries of the company. The share of Profit in Paramount Wires & Cables Ltd, in which the company holds 44.49% Equity Shares would be recognised at the end of the accounting year.
4. During the 2nd quarter, the company has repurchased 1700 foreign currency convertible Bonds (FCCBs) of the face value of USD 5000 each at a discount, pursuant to RBI circular AP (DIR Series) Circular No. 39 dated December 08, 2008 and AP (DIR Series) Circular No. 58 dated March 13, 2009 related to buyback/ prepayment of FCCBs. This has resulted in a writeback of Rs. 2346.12 lacs (Net of write off FEMITDA related to repurchased FCCBs Rs.218.64 lacs) which has been reflected as exceptional item. 5. Pursuant to changes made in AS-11 vide Companies (Accounting Standards) amendment rules 2009, during the quarter foreign exchange difference arising on long term foreign currency monitory items - FCCBs has been adjusted with cost of fixed assets and in other cases the same as been accumulated in `FCMITDA` the financial results for the quarter ended September 30, 2008 do not incorporate the above change
--------------------------------------------...

Buyback over

Bosch

Posted by : srilakaki
Price when posted : BSE: Rs 4432.20 ( 0.93 % ), NSE: Rs. 4425.60 ( 1.13 % )

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It is not just Nano. Their other products namely CRDi and security systems have been doing well in the market. Their capex is well planned and hence when the sales of automobiles in the indian and international market goes up, Bosch will be an outstanding performer.

Cheers...

In reply to:

Buyback over

Posted by : millionmillion

Buyback offer closed on October 24, 2009.
No shares proposed for buyback - 15,00,000(approx)
No shares bought & extinguished - 6,52,560
Min buyback price - Rs. 2,949.99
Max buyback price - Rs. 3,240.00
Amount invested in buyback - Rs.2,002.93 Million
Percentage Shareholding pre / post buyback (Approx)
Shareholding of Promoter and Promoter Group 69.79 / 71,18
Public Shareholding
Institutions 13.35 / 12.92
Foreign Institutional Investors 5.24 / 4.98
Other Shareholders 9.28 / 10.92

It may be observed that both promoter and other(individual) shareholding has gone up. The previous quarter results are good. With the success of NANO volumes will go up and so are the orders for Engine Management System from Bosch.

I would think all these things are big positives for the company and hence the share price is on the upward trajectory.

Cheers

Buffet & Benjamin Graham

Micro Inks

Posted by : jaggihs
Price when posted : BSE: Rs 493.30 ( 1.60 % ), NSE: Rs. 493.75 ( 1.73 % )

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I don`t trach these two but tried them. Both don`t yet fit into the strict guidelines of Graham. Page has P/E of over 22 which is too high and Venkys has a high Current Ratio.

Some of the factors which Graham has listed to identify value buys are
1. Size. I take it as MCap more than 1000 cr.
2. Current Ratio more than 2.
3. Long term debt less than current assets.
4. Dividend record over past 10 years. I take it for 5 years since Indian markets do not have as long a history as US markets.
5. Present EPS more than 1.5 times EPS 10 years ago (taking trailing 3 years avg in both cases).
6. P/E less than 15

There are some more too but these are the more important ones. The stocks that made the cut in end Sep were Anant Raj Industries, Gammon India, Gateway Distriparks, Gitanjali Gems, Nava Bharat Ventures, Hindustan National Glass& Industries. I have some of them though not all.

...

In reply to:

Buffet & Benjamin Graham

Posted by : ravieria

Hi Jaggihs:

Appreciate your thought. I too like Micro Inks. I would like to accumulate it at lower levels - it has a decent run in recent times.
I am also looking at Page Industries and Venky`s. Any thoughts based on Graham / Buffet principles?

ravieria

Bharti Airtel: Book Profits!

Bharti Airtel

Posted by : vikrant.address
Price when posted : BSE: Rs 275.80 ( -4.48 % ), NSE: Rs. 275.25 ( -4.68 % )

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ok investor i think you are aware of this that currently we are not in bull market it is a bull rally of bear market.you can not say that this will give you good retrn even then if that script is at 52 week high.have you guts to buy tata motors now.i think it will be a suicidal attempt.:)...

In reply to:

Bharti Airtel: Book Profits!

Posted by : investor11

Vikrant that is the mistake small investor does,should buy on rise rather than dip,bottom up aproach is good in bear market while in bull run buying on rise,even if it is at 52 weeks high than also has potentail to go up,while in bull market stock falls based on bad news,fundamentals etc
telecom is no more fancy now and bear cartel may hammer down to any extent as they have only few to hammer down
but i believe in bharti and hope and wish that 3G spectrum will bring some joy for this dyingheart

tci finance will be more than 30 bagger

TCI Finance

Posted by : jashn24
Price when posted : BSE: Rs 17.05 ( -5.01 % ), NSE: Rs. 17.80 ( 1.71 % )

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TCI Finance actually has major stake in gati, of 15.7%.
TCI Finance Ltd 13,324,350 15.70
(source : bseindiadotcom)

Public free floating shares ( less than 1 lakh rs) is very low in tci finance actually , so being a hugely undervalued stock, once it gets going, targets can be very high.



...

In reply to:

tci finance will be more than 30 bagger

Posted by : 3333urvashi

according to holding in tci finance ,the each tci finance share has one gati share which is at present around 60 rupees per share and power companie,s share which has value of around 600 per share and other holdings including tci industries etc will make tci finance 30 bagger shortly,all the best and enjoy the ride in tci finance

DLF tgt

DLF

Posted by : mohanji
Price when posted : BSE: Rs 372.15 ( -0.69 % ), NSE: Rs. 372.10 ( -0.79 % )

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dear Mr bullish,
Today DLf has gone down despite market rallying.So ...do you still feel it has higher target by this expiry..? Regards...

In reply to:

DLF tgt

Posted by : mr bullish

DLF has tgt T1-390/-,T2-403/- and T2-420 this week only with SL of 367/-

What to do ???

Petronet LNG

Posted by : hardip singh
Price when posted : BSE: Rs 69.75 ( 0.36 % ), NSE: Rs. 69.90 ( 0.43 % )

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Addressed to  ar_akm

A company in the expansion mode needs more time as compared to Gujarat State Petronet. The expenses incurred on phenomenal expansion at Dahej and current process of installation of its facilities at Kochi would produce additional revenues over a couple of years.

Investors with 3 years view may BUY this scrip on declines....

In reply to:

What to do ???

Posted by : ar_akm

Guj st petronet moved fast than petronet LNG and trading near 95/-.

Need help !!!

Geodesic

Posted by : Rumple
Price when posted : BSE: Rs 90.65 ( -0.71 % ), NSE: Rs. 90.50 ( -0.98 % )

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Dear Poorfellow,

Have you been holding Geodesic for long? I ask because I have not seen your comments here earlier.

Geodesic has already launched their VOIP product Spokn earlier this month. Are you reffering to something additional to Spokn?
...

In reply to:

Need help !!!

Posted by : poorfellow

Yes, the intrinsic value of Geodesic, an old good stock, cannot be compared with new companies (un-tested strength and intrinsic value like RCom, Bharti Airtel etc.). It is certain that Geodesic will bounce back anytime.

I know particulary the stock Geodesic that it is developing a product which will sensationally thrill the VOIP (Internet voice telephony with genuine giant customers like Google) very shortly. BUY and Hold (Wait) for this stock to jump anytime to 20% UC consecutively for some days within nwxt 20 sessions. Technically, it is now at the major support level of Rs.89/-.