Mahanagar Telephone Nigam

sell

Posted by : mukut
Price when posted : BSE: Rs 72.00 ( 0.42 % ), NSE: Rs. 71.90 ( 0.35 % )

Roman`s IPO price was 175 in 2007. After that Roman was trading at 350+.
That stock from 350 to 17 level in 2008.
There was 2 reason for that 1 market crash and another was Nirmal kotecha holdings.
Nirmal kotecha offloaded 5% shares in open market till roman crashed to 17 level.

Apart from Roman business keep growing. Order book has grown from 350crore to 850crore in last 3yrs. It also has 4 acre land in mumbai which price of around 110crore. So buying roman at 50-60 level is like you are buyingland in mumba at 50% discount price and getting business free of cost.
Promoters also not taking huge salary. Roman should go back to 150+ soon....

Heading

Posted by : NAUGHTY007
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

remember after last ipo, rec share crashed to 55 levels also as in most govt ipos like central bank, nhpc-exit before fpo and buy at 20% discount later(i did that and now enjoying)-whatever the price-i dont understand the euphoria-why nhpc did not quote above ipo price and now bouncing after other ipo news-wow!!!......

sell

Posted by : samirarora
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

Hi Mukut,
i have been watching roman tarmat myself.. you think its a good stock... may i kindly have your opinions about this stock..
thanks
best wishes,
samir....

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Posted by : jalunm
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

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sell

Posted by : mukut
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

I am holding this from 170 level :). Last year sold it at 115 and bought roman tarmat at 20 -30 level. Now Roman has moved up with market but this coming down. Now telecom sector is under price war. Even big players revenue going down.
MTNL/BSNL has good quality assets that advantage these companies. Both MTNL/BSNL huge cash reserve + land bank in terms of telephone echanges in each citi, rural, urben. Value unlokcing is not so easy in PSUs. Pvt companies take care of very well for value unlocking....

sell

Posted by : idmanoj
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

is this a good stock to enter now? feel it can go up only if govt. off loads some stake....

Heading

Posted by : NAUGHTY007
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

i agree with the coments of mukut and tara-the govt does have no interest in this body when pvt players r there...

Heading

Posted by : tara23
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

i too entered and exited a couple of times..
but it is a dullest share on the earth....

Heading

Posted by : mukut
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

I am trading in MTNL and holding since last 3yrs. 2yrs back i reduced MTNL holding from portfolio. Just holding some small qty in the hope fom value unlocking. Now I learnt good lesson in MTNL. In the future I will stick with market leaders only....

Heading

Posted by : tara23
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

this one may be given to RCOm in future.. a gift for some one you love... sort...

Heading

Posted by : mukut
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

Lets hope A RAJA think about these companies also. Atleas they do valu unlocking through assets....

Heading

Posted by : NAUGHTY007
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.65 ( -0.69 % )

only govt can save this stock ...

Any reason for recent spurt in price

Posted by : g_kalwani
Price when posted : BSE: Rs 71.70 ( -0.69 % ), NSE: Rs. 71.80 ( -0.49 % )

MTNL`s finances/results will impprove greatly
I`m very very confident about MTNL...

Kalwani: FY10Q2 retults GOOD GOOD GOOD

Posted by : mukut
Price when posted : BSE: Rs 72.65 ( 0.62 % ), NSE: Rs. 72.45 ( 0.42 % )

MTNL and BSNL managment work under Telecom ministry. These comanies do not get fast approval for any roll out plan from telecom ministry. Recently BSNL/MTNL floated tenders for new plans but telecome minstry put all those tenderes on hold for another 6month. This sector is highly competitive and need to take decision very fast to implement any new plan like pvt operators.
But it has asset values which are much more than stock price....

Any reason for recent spurt in price

Posted by : ace_cool
Price when posted : BSE: Rs 72.20 ( 2.41 % ), NSE: Rs. 72.15 ( 2.27 % )

Despite poor results and a negative outlook on Telecom secotr the MTNL stock has risen from 65 to 72 - nearly 10% in last 3 days. Is it purely short covering or is there any fundamental positive news ??...