Joined: 21/Dec/2007
Location: India
Online Status: Offline
Posts: 649
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?
Joined: 24/Oct/2007
Location: India
Online Status: Offline
Posts: 159
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
Joined: 24/Oct/2006
Location: India
Online Status: Offline
Posts: 1615
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.
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
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.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Here's why members would love to be a part of theequitydesk.com
Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
Live discussion forum wherein members can discuss the current Indian share Market trend,
BSE Sensex or the Nifty Index.
Have huge cache of information on Indian and World Share Market.
Analysis of Indian stock market, Global events, Investing insights, portfolio
management strategies and thoughts,
Meet investors from round the globe check their investing strategies share experiences and learn
for their experiences on stocks and shares, evaluate opinions on investing in India.
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
IP Logged
