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Yr. mail was in in good taste:factual and balanced. I appreciate the contents.
About,Bomaby Dyeing hiving off Real Estate into a separate Company, in the good old days-and that was just about 6 Months back- it wuold have been called `value unlocking` and the Parent Company Share Holders would have got few shares in the new Comapny and both the Shares - the Original into Mnaufactring and making perenial losses- and the new Company would have been traded separately.Normally one would have got a good appreciation.
But now when every news is looked upon with skepticism no one knows the impact
About the Promoters benifitting, my information is that they have some interest in some Construction Company and, naturally, that Company will benifit form the Construction Business
emcee ...

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True, the brokerage report putting out a target of Rs1100/- came out when the market was on a bullish mode.
And,now, in a bad markt, is it not reasonble to expect atleast 50% of that ie @Rs/550 when the market stablishes and at Rs225/ is it not a safe investement?
And, like oil, is it not reasonable to expect that land, that too a big chunk in a prime locality (the basis of the report was,mainly, the land bank) is something of crtitical resource whose value may not depreciate substantially?
How many listed Companies these days can boast such a low equity of around @40 crores ?
The point is it is a very very safe investement at the present level and the comapny should enjoy a steady cash flow in about 2 years when the developement of the property would have been completed and with very low equity base the share holders will benifit a lot

All the best
emcee ...

DUstocks
Thank you for yr. information reg. Bombaydyeing Stocks
I am following yr. tips on UCOBank: bought couple of Thousands around Rs29/-
I hope that the downside is not much: I am a long terms investor and can hold on for years


...

For those who see gloom in theie Bombay Dyeing Investement feel relieved to read this:
Reproduced below the views of Rajen Shah, CIO, Angel Broking expressed on CNBC on the 10th:

Quote
On Bombay Dyeing:
Bombay Dyeing owns about 80 acres of property in Bombay, a prime property that is being valued at an enterprise value of about Rs 2,200 crore. So it is a great opportunity you just need to buy these companies, stop listening to all these bearish talks on the markets. Because I have been in the market for the past 20 years and what I have learnt over the past 20 years is that these are the times, when you really need to take good calls and just be patient may be three- six months are going to be little difficult because the markets may not move up at all or may be stagnant.
Unquote:
One Boarder was mentioning that 60 Acres is less:look at the valuation of this land (2400Crores) and for a company with a relatively low Equity Base (3.8 Crore Shares of Rs10/ each) the land valution alone works out works out to Rs 600Plus. And, the company wants to cash out the Residential part of it and the commecial part will be owned by them ensuring a steady cash flow.
So lot to gain:dont feel depressed
emceee
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DU STOCKS
Query on Bombay Dyeing:
Can we enter at @Rs200/-? and average the huge loss?...

alokvarshney52
Well said: it is one of the best stocks available in terms of safety and divident
...

Manika
Well said:unfortunately simple truths few people seem to understand...

Yes Emcee, I never said, 50% is not possible. I wanted to let boarders know that 1100 was something of the past. We can`t bank on it anymore. Like that there are thousands report for other companies. If that brokerage report were always right then why would the price fall down? So we can`t trust them either. But gives us some confidence and nothing else. Steady flow of cash and everything is fine, but in todays market its difficult to raise money and interest rate are high. and Real estate story has no sentiment now. Also I mentioned Company has mentioned that they would form a seperate company to benefit themselves. So I wanted to know how will WE benefit from it as shareholder of the company? ...

Sir, though I did provide you all the details on this counter ... I don`t really track it, and `am not familiar with its movement ! Regards, DU....

Hi Sorry EMCEE I seen this message now....I also feel 200 is good level to buy BD.....if you can hold it......dont buy in FNO....

yes i also agree one of the cheapest stock in the market in terms of valuation and it had nil exposer in foreign derivatives so no mtm for this bank . ...

60 acres is a very small land bank. thats why the stock is sliding i feel. ...

As per lates Speed of Trend (SOT) analysis figures : BOMDYEING is already OVERSOLD on RSI. Possible buying opportunity. Delivery on 8th September, 2008 : 21% MFI : 19.27 RSI : 13.18 MACD : -73.12 Trigger : -53.03 ADX : 37.54 +DM : 7.69 -DM : 50.95...

BOMBAY DYEING : CMP 228.25 Previous CMP 251.85 Loss in two days -23.60 rupees or -9.37% 52-Week Range (Low - High) : 208.30 - 1064.90 LOWEST HIT [208.30] ON WEDNESDAY, 8th October,2008 F & O UPDATE : as on 8th October 2008 Futures (October, 2008) for BOMDYEING closed at 230.60 (Rs. 2.35 PREMIUM) with a turnover of Rs. 19.56 Crores. Sheds 14100 shares(-1.43%) in open interest bringing down the open interest to 974700 shares. HIGHEST in last 30 days : 569.30 rupees on 9th September, 2008 LOWEST in last 30 days : 208.30 rupees on 8th October,2008 FnO Lot-size : 300 FUTURES Margin Deposit (as of today ) : 31,108.80 rupees E.& O.E. ...