Joined: 02/Sep/2006
Location: India
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Posts: 9319
Posted: 14/Dec/2006 at 7:05pm
Demerger and spin off is like Viagra - Not sure if it would work on anyone who is old.-----------------------------------------
It might work for some with serious side effects!
There is a new pandemic in the markets, especially many Mungerilals are suffering from this: AIDS (in the market lexicon, it means Acute Income Deficiency Syndhrome)
Life can only be understood backwards—but it must be lived forwards
Basantji please comment on Geojit. Paribas has taken 33% at 26 and current rate is 29. it looks interesting for long term as why such a reputed company but preference shares in Geojit at market price.
Please comment
Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 14/Dec/2006 at 9:29pm
Geojit has its strong presence in the south and sure looks good but with broking now commodditized it is more about who can handle the processes well. In this connection Investmart looks good alo they have their promoter as E-Trade who is the world's number 2 in this space and should create wealth for shareholders - Geojit also holds a lot of promise but I have not studied these brokerage stocks in depth.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
Joined: 25/Oct/2006
Location: India
Online Status: Offline
Posts: 87
Posted: 15/Dec/2006 at 12:29pm
My querry is regarding Indo Asian Fusegear:
Recently i have come across a report in which it was mentioned that FY07 earnings are expected to be Rs. 16 and FY08 to be Rs.24. Currently EPS is Rs.11. Considering the growth prospects this stock looks really cheap as currently is market price is rs. 120 only. So a forward multile of only 7.5 based on Fy07 earnings.
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