Building Up A Portfolio At A 7000 Level

[birjubanarasi]

Hmmm...Narendra, it means you are not applying stop loss.

I am in loss too...but was not out at the bottom(i guess so) rates...so have some money with me, like Suzlon gave me loss of Rs.60 per share but I exited out at 1100/-(stop loss)...now it is aroun 975/-

Only stock which I am still retaining with loss is Ranbaxy, that is because I don't see anything seriously wrong with the company and hope it to be back..

I will accumulate some of the properly valued stock with the dips.

Suggestion to everybody, please follow stop losses strictly.

All the best to all,
Birjubanarasi

 

[ssnkumar]

Hmmm...Narendra, it means you are not applying stop loss.

I am in loss too...but was not out at the bottom(i guess so) rates...so have some money with me, like Suzlon gave me loss of Rs.60 per share but I exited out at 1100/-(stop loss)...now it is aroun 975/-

Only stock which I am still retaining with loss is Ranbaxy, that is because I don't see anything seriously wrong with the company and hope it to be back..

I will accumulate some of the properly valued stock with the dips.

Suggestion to everybody, please follow stop losses strictly.

All the best to all,
Birjubanarasi

Actually I tried to sell some of my holdings just before the crash.
They my orders didn't execute and I didn't try again.
And during the market meltdown I was traveling to US and was busy with many other things. So, didn't get time to buy/sell!
By the time I got back, everything was down and I didn't feel like selling at that level.
After that, the market is trying to stabilize and most of my stocks have stopped sliding.
And I don't see any problem with any of those companies. So, once the market starts going up, these stocks have to go up.
For example, I have Infosys. It had crossed 2300 and now it has come down to 2000 levels.
I don't see any problem with Infosys. So, I am very confident that it will again go back to previous highs.

Hope the good days are here again soon.

-Narendra

 

[sweetys]

Hello,

Is it a good buy - Mercator Lines at this price of 36 Rs. around and also advise with your views on Shreyas shipping, Uniply and ISPAT Industries.

I have been going thru Uniply and Ispat websites and found that they will have good potential in future, any ideas, thoughts are welcome!


Thanks.

Sweety

 

[supratik]

Supratik,

No news from you since few days?
Hope you are enjoying the pinkest of your health and also making profits in the volatile market.

Rgds,
Birjubanarasi

Yes Birjubanarasi, in good health - hope the same with you.
Not transacting on the volatile - actually some restricting only on intradays!!!
As rightly said my Narendra - most of the counters and money inflow has been blocked...it is time we sit because I think there is still downside left.

I would also suggest everybody to wait till quarter results. Again the depreciating dollar would affect the service based companies depending on the US - it would be good if we get another 8-10% may be little more discount on Infosys - that will be good time to invest

Thanks and Regards
Supratik

 

[sweetys]

Yes Birjubanarasi, in good health - hope the same with you.
Not transacting on the volatile - actually some restricting only on intradays!!!
As rightly said my Narendra - most of the counters and money inflow has been blocked...it is time we sit because I think there is still downside left.

I would also suggest everybody to wait till quarter results. Again the depreciating dollar would affect the service based companies depending on the US - it would be good if we get another 8-10% may be little more discount on Infosys - that will be good time to invest

Thanks and Regards
Supratik

Hello Supratik,

Can you suggest me your views please on following stocks? Your experience views will be very helpful

Mercator Lines, Shreyas shipping, Uniply Industries and ISPAT Industries.

Please advise.

Thanks.

 

[r_qumar]

I guess its time to relook at HEG Ltd. This was mentioned by seniors after company's report stating

"Net sales up 95% to Rs.201 cr, Export sales up by 159% at Rs.131 cr.
PAT up 187% to Rs.16 cr and PBT up 165% to Rs.21 cr"

Even in today's volatile market, company is holding well on its ballast.

Request for seniors view

 

[sweetys]

Can anybody suggests on Essar Shipping please?

Is it a good buy?

Thanks.

 

[supratik]

Hi All,

fyi - from the net

CLSA has come out with a report on the likely impact of the appreciation of rupee in the recent past on the guidance of Indian IT majors.

Rupee rocks techs as friends turn to foe, all in a few months

Infosys FY08 guidance (due 13th April) will be based on the closing INR value on 31st March, 2007, as per company norm.

Given the current trend of the Rupee, this might well be one of the strongest levels for the Rupee in many years. A major move in the INR post 31st March may force Infosys to change its usual benchmark day, but the following issues remain pertinent:

From Mar07 to Mar08 quarters, if the company does 7%-1%-9%-9%-9% QQ EPS growth, FY08 EPS will grow ~31%YY, just meeting the current street consensus.
Since our note “Waiting for Godot” (14th Mar), the Rupee has appreciated from Rs44.25/$ to Rs43.05/$ on 28th Mar. There is reason to believe that (a)Infosys guidance will be lower than last year, (b) a 25% EPS growth number is looking like an optimistic scenario. 22-23% is more realistic.
How about March quarter impact? Here too, companies are differentially positi high risk of net loss in other income line. TCS, HCLT and Satyam are better off.
Wipro reduced its forex hedges by 50% from end-Sep06 to end-Dec06. Clearly, this is a forex call gone wrong. Infosys marginally reduced its overall hedges by 4% and its $-hedges by 13% in the same period.
TCS and HCLT raised hedges by 14-15% from already healthy levels. Both are well placed to neutralise end of period impact on asset translations.
Satyam increased its hedges by 60%, and has further raised hedges in to the current quarter. Satyam is well placed to ride out the Mar07 quarter.
Apart from hedges, invoicing share also differs. Lowest exposure to US$-invoices (different from revenues), is for HCLT and TCS.

Currency and weighted average impact varies from 1.20-1.48% on an average for the quarter basis, and between 2.3-2.6% on an end of period basis. Wipro, given higher end of impact and lowest forex hedges, looks worse off on this metric.

While all tech stocks have moved in sync with Infosys guidance around the relevant dates, we think individual company-wide factors will hold sway thereafter.

Relative to modest 23% FY08 EPS growth consensus expectations from Satyam, we see positive risk-reward in this stock.

Thanks and Regards
Supratik

 

[ssnkumar]

Today Raj Rayon is up by almost 16-17%!!
Hope it can fly from here!

And today market is up by 2% and 172 stocks are in upper circuit.

-Narendra

 

[supratik]

Today Raj Rayon is up by almost 16-17%!!
Hope it can fly from here!

And today market is up by 2% and 172 stocks are in upper circuit.

-Narendra

Lets hope Narendra


Hi All,

fyi

Suzlon gears up for setting-up of SEZ

Wind Energy major Suzlon Energy, is setting up a special economic zone (SEZ) hosting a windmill gearbox and a stator assembly plant on the outskirts of Coimbatore, reports Business Standard. The operations will start by the beginning of 2008, much ahead of its earlier target of 2008-end.



The company, completed acquisitions of 250 acres of contiguous land from over 50 farmers in the area.



It is learnt that, the land acquisition process for the facility is virtually complete and the company is planning to create the requisite infrastructure at the site.



Hansen Transmissions, the fully owned subsidiary of Suzlon Energy, is setting up the gearbox manufacturing plant at an investment of Rs 9.4 billion.




(Also keep a track of Divi's Lab - the counter looks very strong and can surge to 3850 - 400 level)

Thanks and Regards
Supratik