Jai Corporation

[master2009]

I agree things are gloom as of now ...wait and watch to be honest!

 

[praveensk]

Hi Jnj,

Where is JAI CORP headed? Whats the bottom?
Please help

Thanks
Praveen

 

[jnj333]

Hi Jnj,

Where is JAI CORP headed? Whats the bottom?
Please help

Thanks
Praveen

I sincerely wish I could help, I can understand the pain, No major reason for such a downfall, I had heard from some sources (unverified) that some major news is round the corner by this month end. No other option but to wait.

 

[lalpar]

Let me tell the positives abt the company:

1)Go through the posts of this forum ..Everybody have posted only positive info....
2)Reliance is involved...
3)The subsidiaries of Jai will move sky high....But it will be advantageous only if u get sme shares of the subsidiaries,,,This is again a doubt

Negatives:

1)The execution of projects will take years but taking advantage of the bull market the operator moved up the price like anything...so oviously valuations of the company is extremely high
2)All retail investors are trapped and unless the operators suck moeny out of them,the prices will not shoot
3)Imaginf if govt changes and announces that all SEZ proposals will be reconsidered.....This is the worst case scenario...but since ambani and jain are involned,they shld be able to magae this...

All in all I suggest you to avaerage your positions slowly...the last support for stock is Rs 350..so assuming 350 as bottom ,avaerage your position...Once ur average is at 650+,then you will get an oppurtunity to ext at arnd 850 in 7 to 8 months time....
But if you are a LT holder say more than 2 yrs,then stick to this,,,you will get 100% returns.....
Regards
Lalith

As mentioned the stock has already reached the target mentioned

 

[sanyad74]

news is bad or good ahead!

 

[jnj333]

Excellent call Lalpar, Keep up the good work.

Expecting some good news soon from JaiCorp, volumes are encouraging today.

 

[lalpar]

Excellent call Lalpar, Keep up the good work.

Expecting some good news soon from JaiCorp, volumes are encouraging today.

Hi Jnj,

The credit goes to by Boss who told me long time back...He is v exp in market..

Anyways

if ur able to hold Jai for long time say 2 yrs then no issues but in ST the stock may even tch 275 levels...I have no doubt in fundamentals of company..but the market has its own way

Regards
Lalith

 

[sanyad74]

Excellent call Lalpar, Keep up the good work.

Expecting some good news soon from JaiCorp, volumes are encouraging today.

i think this hight volume is because did not move today.. was dragging down side..
ANy news about the company?
rgds

 

[ceeanil]

holding jai from 1200 levels to 371 levels ...wht do u think? avearge more or keep quite?anyways i never gonna hold it 2 yrs plus can wait another 12 monts max..500 numbers i hold

 

[jnj333]

I am expecting a major news soon from the company, regarding Fund raising plans / other company takeover (worth more than 5000cr, which is about its own Market Cap as of now), 100% Dividend (though it could had given 1:1 bonus which would have costed the company same funds) , according to me its assests and networth should easily give it a valuation of more than Rs.1000/share as of now but as lalpar says Market behaves otherwises. As I am no TA guy so cannot tell about its short term targets but for the longterm 1-2yrs I see the share getting cheaper by the day, good time for new entrants but testing times for the old shareholders. I am holding tightly and am adding as per my capacity. Long Term can still remember that it had the biggest block deal by FIIs in share market history at 1035/share, even those shares are in lock in for one year, they cannot sell the share till Nov 08. I certainly feel the management will not leave a bad image in front of the markets when it is actually trying to improve its image, giving Dividend, Company being transfered to A group shares and soon it will be in BSE 200. Anand Jain being in the lasted Billionare list of India (read latest issue of BusinessWorld).