Joined: 28/Nov/2007
Location: India
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Posts: 635
Posted: 02/Dec/2007 at 3:14pm
i just want to know abt demand and supply in indian mkt. if somebody can elaborate abt that. as per my info sugar demand is going 3-5% every year. do u see any change in demand growth in +/- side.
I Like cyclical and suger is one of the commodity I am interested in. I have invested in Balarampur Chini at 60 level. I think it is easy to identify bottom in the commodities than the top and if you have patience it can give you a very good return. The bear of the Indian Sensex and a very respected economist Marc Faber suggested me to buy Balrampur Chini at that level when Sensex was hovering at its all time high.
Edited by sushil - 29/Dec/2007 at 7:16pm
Please note that Investing in stock market can result in financial loss. Make your own judgement before investing on any company.
I dont know if this a good news or bad news....the company may be happy to get rid of the arrears by getting rid of their stock in return.....does the DM has the authority for a recourse in case theere is a shortfall.....in that case, its negative.
Joined: 29/Oct/2007
Location: India
Online Status: Offline
Posts: 68
Posted: 26/Feb/2008 at 10:45pm
Originally posted by sushil
The bear of the Indian Sensex and a very respected
economist Marc Faber suggested me to buy Balrampur Chini at that level
when Sensex was hovering at its all time high.
Sushil,
What do you mean Marc Faber suggested? Do you know him personally? (or rather does he know you personally)
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