Re: Sensex TECHNICALS
hahaha
http://www.moneycontrol.com/india/n...ks12-18-mths-perspective-ubs-sec/14/20/345274
I see Indiabulls Real Estate as one of your highest conviction ideas. Can you explain why you have chosen that particular one?
A: In this interaction between greed and fear, fear seems to be dominating in the past several trading sessions. There is a fair amount of confusion. So as a team, we decided to stick to stocks, which have corrected quite significantly and there is value, which also means fairly decent idea on earnings visibility etc.
Talking specifically about Indiabulls Real Estate, the cash value of the business our analyst estimated to be around Rs 340. When we looked at the stock day ago it was Rs 250 and we thought there is a decent amount of margin of safety here. How we arrive at the cash value is just based on the sum of 20% premium of the cost of land, net cash and value of the property investment trust. That is why Indiabulls Real Estate is there; it is more a call that the stock has corrected quite significantly. We are basically saying that if you have 18 month time horizon this is a stock you should be putting money into.
I see that UBS and fellow fulls are baadly trapped in indiabulls..
Its the same indiabulls in which george soros pumped some 300 mn dollars at 465 levels.
the most soughT out group of FII'S.....the indiabulls group.....nearly half of the co was being lapped up by these(FII) foolish institutional invstrs (now outvstrs).......they r also trapped badly here
).......they r also trapped badly here
http://www.moneycontrol.com/india/n...ks12-18-mths-perspective-ubs-sec/14/20/345274
I see Indiabulls Real Estate as one of your highest conviction ideas. Can you explain why you have chosen that particular one?
A: In this interaction between greed and fear, fear seems to be dominating in the past several trading sessions. There is a fair amount of confusion. So as a team, we decided to stick to stocks, which have corrected quite significantly and there is value, which also means fairly decent idea on earnings visibility etc.
Talking specifically about Indiabulls Real Estate, the cash value of the business our analyst estimated to be around Rs 340. When we looked at the stock day ago it was Rs 250 and we thought there is a decent amount of margin of safety here. How we arrive at the cash value is just based on the sum of 20% premium of the cost of land, net cash and value of the property investment trust. That is why Indiabulls Real Estate is there; it is more a call that the stock has corrected quite significantly. We are basically saying that if you have 18 month time horizon this is a stock you should be putting money into.
I see that UBS and fellow fulls are baadly trapped in indiabulls..
Its the same indiabulls in which george soros pumped some 300 mn dollars at 465 levels.
