Jai Corporation

[raamu1234]

hi ravi1967, thanks for the reply. JaiCorp looks as a most volatile stock. Yesterday it was jumping like anything. From 2454 level, it went to 2576 level and again, has fallen down like anything. As you said, one should have brave heart to buy. Also, holding period is too long (22 months)? I am still expecting it to come down further and then buy.

 

[raamu1234]

Jai Corp -- continuously down! Any idea behind this?

 

[jnj333]

Jai Corp -- continuously down! Any idea behind this?

operators play, see the volume, risky stock for small investor

 

[manish_sat]

ramu,
its risky stock just put 1-3% of your budget for capital investment..
operator play stock can be anywhere may be will touch 4000 or 400
who knows

do not put all the money in it.


take care

 

[jnj333]

ramu,
its risky stock just put 1-3% of your budget for capital investment..
operator play stock can be anywhere may be will touch 4000 or 400
who knows

do not put all the money in it.


take care

good advice....

 

[raamu1234]

Great jnj333. But, i would be happy if someone could explain the complete picture behind this scrip. I've completely read this thread, but don't get what is going in the background.

Anybody can tell the complete stories/game behind this scrip? (I am sorry if I have used wrong terms since i am quite new to stock-market)

 

[manish_sat]

well ramu,
to be very very frank nobody knows anything we are just assuming that Jai corp will be the one of the good holder in Mumbai and Haryana SEZ.

But we do not have proof no document no announcement yet.
what we know is to see the balance sheet of Jai corp is that it has stake in SKIL and UIOF

Regards
Manish

 

[jnj333]

Some funding of Reliance Retail / Sez plans are routed through funds raised through this company which is owned by Anand Jain, a close aide of Mukesh Ambani. Try searching through google and you may find more information.

 

[jnj333]

Some links just for some insight and info:-

http://in.rediff.com/money/2007/feb/22sez.htm

http://realestate.indiatimes.com/articleshow/msid-1381781,prtpage-1.cms

http://www.rediff.com/money/2007/jan/19inter.htm

http://www.bloomberg.com/apps/news?pid=20601080&sid=amfHJdu6GMVU&refer=news

 

[raamu1234]

hai all,
Jai corporation is corrected well due to the recent market correction. I still dont know either to be bullish or bearish at this level. As you guys are continuously having a an eye on it, you could suggest entry & exit level for this stock. (I know it could be quite boring to answer this, but all your suggestion/views were proven.)