• Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos

Search: Messages    Stock    Boarder
 
Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
boldy  
Joined on : 6th-Nov-2003
Belongs to :  Platinum
Posted : 990 messages
Hits : 312

Last visited by:
Worked for a MNC for 23 yrs in their various functions, worked with a Co-operative Institution.Currently self employed and a social worker
Investor in stocks from 1994
Message History | View by:
Messages From boldy
Replies to boldy

Also see boldy’s rated messages

18 Dec 2008 13:38

Buy MRPL

MRPL

Posted by : boldy
View full thread (9 messages)

Tracked by: 0 Boarder

I cannot understand this logic, when the price of crude was a all time high of 100 dollar plus a barrel then the comment was that with high crude prices prevailing MRPL will find it difficult to sustain its profit margins due to low volume for refining hence low GRMs, but now you can see comments like above that the profit margins are based on the crude prices prevailing ,hence margins constriction and loss to MRPL, all these are vested interest party ploy to pull down the scrip heavily , MRPL is in a good position now and running full capacity and will see a major expansion in its plan to go into retailing of petrol, diesel & AVT fuel , which is likely to be cleared by the ministry very soon. The scrip could see a target price of Rs.60 plus in the near term....
Reply     Rate     Report It
   

Feedback

boldy’s Network
Boarders Tracking boldy (50)
boldy Tracking Boarders (0)
boldy’s Interest Area
Tracked Topics
Tracked Threads (1)