Dear Peri,

It seems that an interesting debate is going on between you and Atheist. Like the decent way the points are debated. Carry on friends. While the market is affected by selective amnesia and the market views expressed in MMB are either biased or wishful thinking, this debate adds colour to the board.

Regards

Nadhi

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Dear NODIK,

I share your views on TATA. TATA is like a tamarind tree under which nothing can grow and that includes the retail investors. They rare the worst manipulators. All the profit is going to an unlisted company owned by them. But what is going on in singur is a simple political game. Mamata dont want to lose the opportunity of waging a war with the leftists who grabbed the land around the industry. The centre is silently watching the game as it is the communists who are at the receiving end for a change. Nobody is fighting for the farmers. They are all fighting for the votes. Dirty game is going on and that benefits only the media.

regards

nadhi ...

Dear fmcgbites,

As I said textiles may not give outstanding gains. But there are a few very very undervalued ones there. I am accumulating one of them. There are some stocks which are considered as laggards for a long time due to manipulations by FII and promoters. Just because the FII bought them at high levels, they wont allow them to go up irrespective of the fact whether it is bullish or bearish. The management too some times manipulate the results to buy back. Then all of a sudden it will leap in bounds. If you want an example you may look at Videocon industies. The investors got dejected and ran away and then the stock started to fly high. Look at the price chart. It will tell you the story. I am alloting 20% of my PF for these types of stocks. Not more than that. That is what I define as diversification.


As regard to Banks I look at valuations and the results alone. I believe that Allahabd Bank will perform better in future. HDFC is a good one. But valuation is high as far as I am concerned. I do not prefer which have already grown, but the ones still to grow.

Realty had been taken to unbelievable heights and so the crash. Now they are beaten to pulp. Still I like infra related ones as you might have seen. Churning the portfolio is a must. But I churn only when there is any major negative development in the stock.
But I give enough rope to a stock before thinking of churning. I never say that I am right. I am doing what I feel as right. It need not be right.

regards

nadhi
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Dear fmcgbites,

My preference list may not go well with others. It all depends on the period of investment. I still like infra, realty and banks. Just think of the price of Allahabad bank at Rs54/= a month ago. Is it not insane? I buy shares thinking myself as a partner and not for trading. I bought Allahabad Bank well below Rs 60/=. The price nobody can even imagine after 6-9 months.

I hold a few in logistics, pharma and textiles too. My main aim is the valuation and growth projection. Some sectors may do well in the near term and some in the long term. Textiles, for one, may even take 5 years. But I buy them at throw away prices and my holdings in these are very minor in comparison to other sectors. If the business is good, the result will always be good. To me realty will shine in 2009. I am confident of it. But I never recommond to others. Even taking your valuation, 30% lss than NAV is a very low price. Our country needs infrastructure development and nothing will develop without infrastructure developing. That is a must. Even then I am not buying Unitech and DLF. Front line stocks are allergical to me. I will not suggest any stocks but I like madhucon, Era infra, Diamond infra, Bartronics, GPIL, Aegis logistics, JKLakshmi cements, Sujana steel, Paramount communications and Kesoram etc.

regards

nadhi ...

dear googol,

Deletion of messages are like veto power given to the developed super powers in U.N. Both are being misused. MOD can take comfort in that.

regards

nadhi


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Dear rahul,

I dont look at the short term,rahul. I look only at the valuations and growth prospects. As far as I am concerned the valuations are still low in some sectors and they have good growth potentials, of course after 6 months. When everything like inflation and interest rates comes down and the climate for investing is perfect, the valuation will naturally be high. The best thing to do is to buy when the stocks are cheap and this is the time for it. I will bet that not so many chances will come in the future to buy at these valuations. The market may be sloppy for a few months but not in 2009. Then anyone who cannot wait even for a few months cannot be a LT investor.

Thans for your wishes my dear friend. Wish you Good health and wealth.

regards

nadhi...

Dear pranky,

I am crazy about music. I like it in every form, rock, pop, classical, light music and folk songs. When a lady is beautiful, the dress she wear does not matter. I have a collection of more than 200 MP3 CDs. Still collecting. I bought a set of 10CDs of Beethoven and Mozart in U.S. So, I will definitely see that film soon.

regards

nadhi ...

NO SIR...i differ.they r prob the best managed group for shareholders ,employees and people, that is why corus mgmt decided in TATA's favour and even employees sided with TATAs.yes they are businessmen and earning profit is their duty so what is wrong...see all tata cos bonus, div history...thanks...

dear nadhi, valuation of some stocks will be always high compare to some other stocks in same sector. This is for simple reason, one keeps delivering the result better than market expectation and other one keeps disappointing the market. some time we are lucky to get good stock at cheap valuation and we need to buy those....

Dear nadhi, Thank you so much dear friend.I think OT is persuing the Mod about the Gems of MMB ,and hopefully we`ll get some action on that front. Actually its a nice feeling ,being the BOD....just sentimental old me ... Take care. :)...

Dear nadhi thanks for sharing the list. I like few picks from your list like kesoram and bartonics. i think LT investors are happy with those stocks which can give good gain in bull market and doesn't fall more than 40% in bear market or panic situation. Problem with some of the banking counter like Allahabad bank, syndicate bank, Andhra Bank, Vijya bank is they don't make much gain in bull market and fall most in bear market and remain in trading range for long time. So in LT, SBI, Bank Of India has given better returns. In private bank space we have evergreen stock like HDFC Bank and Axis bank which outperfoms in both bear and bull market. Realty stock are good for bull market but LT investors like 2 years investor has not made any gain because they have fallen from 60 to 80% from their pick value so LT investors have lost in them. in textile 5 years investor has not made any gain. In 5 year capital good sector has given massive returns and still even after this fall it has given many fold returns to investor. Its always safe to pick biggest laggard with good business at low price, because they are safe bet. I think most thing for investor is they need to churn their portfolio time to time to maximize their gain....

Dear nadhi thanks for sharing the list. I like few picks from your list like kesoram and bartonics. i think LT investors are happy with those stocks which can give good gain in bull market and doesn't fall more than 40% in bear market or panic situation. Problem with some of the banking counter like Allahabad bank, syndicate bank, Andhra Bank, Vijya bank is they don't make much gain in bull market and fall most in bear market and remain in trading range for long time. So in LT, SBI, Bank Of India has given better returns. In private bank space we have evergreen stock like HDFC Bank and Axis bank which outperfoms in both bear and bull market. Realty stock are good for bull market but LT investors like 2 years investor has not made any gain because they have fallen from 60 to 80% from their pick value so LT investors have lost in them. in textile 5 years investor has not made any gain. In 5 year capital good sector has given massive returns and still even after this fall it has given many fold returns to investor. Its always safe to pick biggest laggard with good business at low price, because they are safe bet. I think most thing for investor is they need to churn their portfolio time to time to maximize their gain....

Dear nadhi, Your writing style gives comfort to investors. what sort of stock your track for investment. I know you invest in realities. what is your bullish on as of today?...

Dear nadhi sir As per your views in one of your messages, the markets have now not only given chance to accumulate but have now come up by 7-8 % since that time, and are further poised up to the best of my belief. I am writing this so that others too, like me, can benefit from your immense wisdom and foresight. There is no dearth of people who try to mislead others on this board, but there are few who give out wise opinion for the general benefit of all. No doubt sir, nature shall bestow good luck upon you for your good karma, and on other helpful boarders like BSR,Kotak besides others. Regards Rahul...