Reliance has fallen further to 950 levels, opening up the opportunity to buy more.
Overall market is not expected to do good in September but oil based stocks are supposed to fare better and Reliance would be benefited from it.
Every one is right at some point of time. Hearing the right at right time is luck. Just want to share my point of view and get yours. I have my own semi emotional ways of investing.
Friday, August 27, 2010
Tuesday, August 24, 2010
Sell Some; Hold Some; Buy Few
The news around the globe is not encouraging.
High volume trading has been worry some for me as it indicates investors are keeping away from the marker.
High FII activity raises concerns of something similar to 2008.
I am planning to cash in on some value investments. Holding some part of it and in case get something at cheaper rates, might consider start entering into it.
High volume trading has been worry some for me as it indicates investors are keeping away from the marker.
High FII activity raises concerns of something similar to 2008.
I am planning to cash in on some value investments. Holding some part of it and in case get something at cheaper rates, might consider start entering into it.
Should we start buying Moser Baer
52 week low : 54.55
52 week high : 102.25
Blackstone to buy Moser Baer's energy biz stake for $300m
Div : Rs 0.6/share
Book Value / sh. (Rs) :97.87
Worrying factor
P/E Ratio (x):-8.31
Still no harm in getting into the stock. It has a proven track record.
Any suggestion from specialists is welcome.
52 week high : 102.25
Blackstone to buy Moser Baer's energy biz stake for $300m
Div : Rs 0.6/share
Book Value / sh. (Rs) :97.87
Worrying factor
P/E Ratio (x):-8.31
Still no harm in getting into the stock. It has a proven track record.
Any suggestion from specialists is welcome.
CITI on RIL
Just Heard Citi has upgraded the call to "BUY" as well. Final call is yours but I am getting into it. I already hold some, would be buying on each dip.
Please provide your suggestions as well
Please provide your suggestions as well
Following Reliance
Hi I am not a big fan of companies with P/E ratios beyond 10, but sometimes you have to credit the management over numbers. Relience we all know has all the knowledge, people and resources to execute any big project.
I am writing this when the stock is at 970 levels. I am interested in this stock now just for the reason that it has not moved relative to the market yet.
BofA (Bank of America) has changed it stand from "Hold" to "Buy".
I am writing this when the stock is at 970 levels. I am interested in this stock now just for the reason that it has not moved relative to the market yet.
BofA (Bank of America) has changed it stand from "Hold" to "Buy".
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