dear shyam, can you have a look at pss5588 sir`s home page and check up his profile?think you will find the answer there...

U r Welcome sir, its nothing new that crude is directly proportional to this stock, Now crude is touching 80 and its estimated to move further up. cheers...

Small and medium Cap companies get faster impact of downfall. Since the shipping companies were battered during last one year as a whole, Varun Shipping also had its share of negative sentiment. It has already come up significantly from its lows, hence only the brave hearts would enter at this price. The investors keen on tracking its financials shall continue to accumulate this stock at declines....

the main reasons for not moving this share are - - Unless Varun Shipping does not show some impressive results along with dividend, it remain sideways. - Its management always shying from media / news, for example - they even did not inform to the BSE/NSE about selling of ships as and when they sell/deliver to the party but simply mention this news in the notes section of quarterly results, which is not proper. ...

shyamji, Do not worry this is not a satyam like company, its definitely going to get back our investment thats for sure, i got that confidence when i went personally to the corporate office which is located at vikrampuri, secunderabad. market is not ready to accept now as the inventory loss they shown was too high, but any way goods already bought stays, doesn`t get perished if it was that kind i then solar modules would have been a flop story all together, i cannot assure you that this the price will zoom in such time period as iam neither a promoter of the company nor an operator of the stock, i can only tell you my personal opinion as i have nothing to loose by sharing the information with fellow boarders. we both may be in same situation but the advantage i have over you is that iam residing in Hyd so its easy for me to go to the company but its a bit hard for you, thats it. at present i can assure you that its a truely running and doing fine as of now excluding the loss shown last quarter. being invested we must be optimistic and average the loss, thats what iam doing right now bringing the holding cost down. cheers, CD...

SEE HELLENIC SHIPPING NEWS WORLD WIDE in Google search. The balti dry index is rising and crude price is also rising. the Shipping companies have good future.Varun shipping good dividend payer a good stock to invest. Lot of future for this company.Further the mangement shown readiness to change strategies when shipping industry went into downside last year by entering into offshore sector.VSL has increased its asset base and business operations in the offshore segment to capitalize the rapidly developing oil and gas exploration and production industry. source equity research by Kredent finance.It will definitely deliver. The management interview honestly saying that the recovery is not big let investor in to lukewarm response.It is a great time to invest now.at these levels. ...

I completely agree with you short term prediction is impossible. yes in long term it will head higher...

I see good buying build-up on this stock, but 2K is a very long way.
Its near to impossible - the EPS should increase thrice to achive something even close to that....

Stock is in UC and LC consicutively - whats happening?
Will the share price ever reach 75+ levels? If so, what is the target date likely to be?...

I have 300 shares @ an avg. purchase price of 82/- Since this stock will be range bound shall I book profits - atleast part of it....

May be many ppl. are booking profits of shares they had purchased a year ago.

they share is have good growth oppertunity, but share is still over-valued....

Yeah, hopefully they give back something to the share holders. I have around 75 shares only but the counter looks pessimistic. they are good and the optential is there for good growth - but the stock price remains bearish....

When can the company post any profits - why are the concentrating in Europe - they can sell their solar products in India too.... Why such enormous losses - I have invested heavily already... Facing huge losses....

Agreed. I am at a profit as I had accumulated during last year`s lows. Still I am doubtful - when can we expect the EPS to increase - let alone trun to positive values....