Dear investors,
E-mail ids have been added. Some general queries have been asked which I am responding as under :
DECCAN GOLD MINES :
There is nothing fundamentally great about the company. Their operations for September Quarter was practically zero. It is not clear why the share price is rising. There may be some hidden news like possible take over etc. which has not been leaked out.
STEEL COMPANIES :
Steel sector started looking up recently and every second company joined the bandwagon and started rising. Out of the companies mentioned in the Board, Ispat has climbed for certain reasons. There is considerable institutional holding. Promoters are increasing their stake through issue of warrants and the company is apparently diversifying into construction activity which will result in income from “Other Income Head”.
DENA BANK
Banking stocks have shot up recently. There are two main reasons. With the economy looking up, the Banks act as a barometer. NPAs have been coming down with stringent IRAC and provisioning norms. With lower Net Interest Margins, various banks have sought to increase their income through “Other Income” methods like cross selling of mutual funds and insurance products. From April 2009 onwards, Indian Banking Sector is expected to be opened to Foreign Banks. Therefore, some talks of merger among banks are floating around. This is also one of the reasons for rerating in the share prices of Banks.
SANGHI POLYESTER
Sanghi Polyester is a loss making company. The losses are continuing and it is not known when the company will turn around. The trading volumes are very low in the exchange. Therefore, there is nothing fundamentally strong about the company to comment about.
RAJ RAYON
Raj Rayon appears to be a profit making company. The stock has seen a low of about 17 and is apparently looking up. If there is a rerating of Textile stocks, the share may move up. Investors may make enquiries and take a decision.
ADVANTAGES OF INVESTING IN FUNDAMENTALLY STRONG COMPANIES :
If you invest in fundamentally strong companies, the returns may be less and may accrue after some waiting period but it is worth the wait. Sooner or later, the share price will bounce back. It is not advisable to invest merely on hearsay or Hot Tips or Market Whispers. Some stocks rise very sharply and when they start falling, we will be caught unawares and in a continuous lower circuit fall, we may not be able to sell.
However, the decision to invest or not to invest lies with the investors.
E-mail ids have been added. Some general queries have been asked which I am responding as under :
DECCAN GOLD MINES :
There is nothing fundamentally great about the company. Their operations for September Quarter was practically zero. It is not clear why the share price is rising. There may be some hidden news like possible take over etc. which has not been leaked out.
STEEL COMPANIES :
Steel sector started looking up recently and every second company joined the bandwagon and started rising. Out of the companies mentioned in the Board, Ispat has climbed for certain reasons. There is considerable institutional holding. Promoters are increasing their stake through issue of warrants and the company is apparently diversifying into construction activity which will result in income from “Other Income Head”.
DENA BANK
Banking stocks have shot up recently. There are two main reasons. With the economy looking up, the Banks act as a barometer. NPAs have been coming down with stringent IRAC and provisioning norms. With lower Net Interest Margins, various banks have sought to increase their income through “Other Income” methods like cross selling of mutual funds and insurance products. From April 2009 onwards, Indian Banking Sector is expected to be opened to Foreign Banks. Therefore, some talks of merger among banks are floating around. This is also one of the reasons for rerating in the share prices of Banks.
SANGHI POLYESTER
Sanghi Polyester is a loss making company. The losses are continuing and it is not known when the company will turn around. The trading volumes are very low in the exchange. Therefore, there is nothing fundamentally strong about the company to comment about.
RAJ RAYON
Raj Rayon appears to be a profit making company. The stock has seen a low of about 17 and is apparently looking up. If there is a rerating of Textile stocks, the share may move up. Investors may make enquiries and take a decision.
ADVANTAGES OF INVESTING IN FUNDAMENTALLY STRONG COMPANIES :
If you invest in fundamentally strong companies, the returns may be less and may accrue after some waiting period but it is worth the wait. Sooner or later, the share price will bounce back. It is not advisable to invest merely on hearsay or Hot Tips or Market Whispers. Some stocks rise very sharply and when they start falling, we will be caught unawares and in a continuous lower circuit fall, we may not be able to sell.
However, the decision to invest or not to invest lies with the investors.
11 comments:
Dear Sir,
I have invested my fund in pearl Polymer after reading your review at level of 37. Today I am in loss of 35% approx. I am confused. Pls suggest urgently that should I exit time being or hold.I am ready to hold for long term.
I know taht you are quite busy, but if possible please send me reply in following mail id. Also include my mail id in your members list.
abp2010@gmail.com
Thanks & Regards
Suparna
Dear Sir,
I am very much impressed with your suggestions. I want to invest in future IPO launched on 11th Jan. Can u give me your views.Please send me reply in following mail ID and also include my email ID in your precious members list.
rohit.singla09@gmail.com
Thanks a lot,
With Best Regards
Rohit Singla
Hello Sir,
I saw your recommendation for Pearl Polymer and bought 500 shares should i buy more, kindly advise.
Kindly include my mail id in your members list.
santosh.bhoj@gmail.com
Dear Ajay,
after i read the comments on u r blog bought SPEL semi conductors....at the highest rate on BSE and after tht its on down circuit filter ...wht do u suggest now do i average the cost or sell it i dont mind waiting for 1-2 yrs.. could u pls tell me wht to do
Hi Mr.Kashiwala,
I have been tracking your valuable posts since a long time and also have made some buys based on your tips.
Though these stocks have'nt gained much momentum yet but I agree and believe in your guidance of keeping long term vision.
Your call on Pearl Polymers in December attracted much talking and you had expected 33 by April 2008.But 3 weeks back this stock started rising and saw a 52 week high of 39.7. I myself bought it @ a very high price-36.5 and now it has dipped to 25.85.
I understand that the market is mad and prices zoom and fall like anything but want your views on Pearl again.
Also,it would be great if you could add me to your mailing list.
My e-mail id : prashantvkotian@gmail.com
Dear Sir,
Ur doing awesome job by helping people out there.
Please include my email-ID as well.
its udit.baranwal@gmail.com
Thanks and Regards
Udit
Dear Sir,
I kindly request you to add my email id in your members list. Many thanks and God bless you.
Dear Sir,
I kindly request you to add my email id in your members list. My email id is sanjivvpopat@gmail.com (It has two "V"). Many thanks and God bless you.
Dear Sir,
Please add my Email ID
shahanandl@hotmail.com to your members list.
Thanks and best regards,
Anand
please add me to your mailing list - skagrawal30@gmail.com.
Regards
Sushil
Please add my emil-id - skagrawal30@gmail.com to ur mailing list.
Regards
Sushil
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