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Stock Synopsis
 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
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vijayM
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Quote vijayM Replybullet Topic: tata teleservices maharashtra
    Posted: 26/Dec/2007 at 1:31pm
Dear friends
 
I bought TTML @ 30 with an anticipated rise somewhat similar to Bharti Airtel but not that much. The stock has now doubled. Any fundamental view on the stock with a long term holding for 2-3 years? Any fundamental target for 2-3 years?
 
VijayM
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khokhadream
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Quote khokhadream Replybullet Posted: 26/Dec/2007 at 2:08pm
I beleive this tata teleservices is doing the right things slowly and steadily, however start was not at all impressive. Crossed some 20 million customers mark few months back.
    Company appears to be on track and i don't really see any reasons that why it should not give decent returns like other telcos
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tyler_durden
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Quote tyler_durden Replybullet Posted: 26/Dec/2007 at 2:41pm
i think mobile boom has passed us...we can expect 20% or so returns from mobile companies.....TTML is doing right things steadily...but if better bets are available in the mkt why not to put ur money there...ttml has just grown 2 or 3 times in last 4 years or so....
If you aren't fired with enthusiasm, you will be fired with enthusiasm.
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sushil
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Quote sushil Replybullet Posted: 26/Dec/2007 at 12:40pm

TTML has appreciated too much in last one year. I have huge holding bought with an average price of less than 18. But now I feel it has gone into speculation range and in no way cheap anymore. I have recently started selling some of my holding. There can be value unlocking with the merger but don't know when. Is Virgin Mobile has Plans with Tata Indicom, we will know that for sure in next 2-3 months. I would like to keep some if and when that happens Smile



Edited by sushil - 26/Dec/2007 at 12:40pm
Please note that Investing in stock market can result in financial loss. Make your own judgement before investing on any company.
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