I being a chartered accountant bought 3400 shares of this company in January 2008 at Rs.304 per share which means I invested 10.35 lacs.
For three months I went of hunting the companies to recover my loss and I had the following choices.
1India cements at Rs.170-Controlled by government
2..CCL products at Rs.160
.
I sold my shares at Rs.170 incurrring a loss of Rs..5.00 lacs in one day.
I bought CCL products india limited at Rs.160 per share and this scrip had gone up to Rs.545 in the past to recover the loss of Rs.5.00 lacs. It is exporting coffee throughout the world.
Donot blame the company and it is our decision to invest money in these ompanies.
It is high time all the investors dump this stock and walk out.
The rupee appreciation will continue as long as the crude is above 5.
See the profits and earnings in this company and this is the best choice I can offer to my fellow losers.
My prediction has always worked wonders for others.
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Moneycontrol 
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