Small caps are the worst hit when market falls. Karuturi, Core Projects all have come down significantly from their highs.
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
Joined: 14/Oct/2007
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Posted: 17/Apr/2008 at 7:54pm
Deveshjee... Refex annual results are out...it is showing a full year EPS at 7.92 ... is it too low ?? Please let me know if you have any updates on this one....
It is below my expectation. When I started this thread, i expected an EPS of around Rs.10. Still it is a good long term play.
"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
Joined: 20/Mar/2008
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Posted: 06/Oct/2008 at 5:51pm
Refex refrigerants stock has fallen from a level of 300+ to now at 96/= ? Is there some management problems? It is still good long term bet.What is best level to enter ?
more risk,more profit but have a vision before taking risk,itis all about investment in equities market.
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Posted: 06/Oct/2008 at 10:14pm
Is it still at 96.00 ? Good price to sell. commodity business. Could go down another 50 % since bears are selling wherever there is still some meat left on stocks.
Be fearful when others are greedy and be greedy when others are fearful.
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