JK Paper

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Posted by : retrobroker

yes it is looking week..this might just emerge as a value pick...as people might look at this sector...and i dnt think any other paper stock comes frnt in valuations..if only there results going forward can beat street expectaions this will soar

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Posted by : excel47

What is your opinion now. How much downside do you expect from here.

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Posted by : vkk43

Today this share was further weak.

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Posted by : vkk43

Today this share was further weak.

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Posted by : retrobroker

thanks for your views..will hold but not average till the market stabalizes.

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Posted by : vkk43

I told you in my last msg that Promoters are now not interested at the moment and looking to the weak market conditions, this share may turn weak. You did not take a decision even at 170/- and when it came down from that level. Hold now at this level.

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Posted by : retrobroker

whats your outlook on jayshree tea now..it has been gettin weak since the past weeek..even 120 level did not hold..

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Posted by : vkk43

In the short term, it can, as market will remain weak for quite sometime. Though its results are OK but it is not finding enough support around 20/- also which shows, that it can come down a little bit more. Having said this, if anybody buys this share at current level for 1-2 years, by which time market will definitely improve, this share could give decent returns. Thanks for yr views.

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Posted by : retrobroker

i dnt think we should touch JK Paper at all.. even given its good valuations it has been beaten down from 28 levels...and seems to make new lows...also volumes in this have been very low.. given the sensex has not found a bottom this is sure to be in sub 20 levels sooner than later.

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Posted by : retrobroker

i dnt think we should touch JK Paper at all.. even given its good valuations it has been beaten down from 28 levels...and seems to make new lows...also volumes in this have been very low.. given the sensex has not found a bottom this is sure to be in sub 20 levels sooner than later.