Monday, March 24, 2008

Friends,
This is not the time to SELL.....Maybe a little bit down from here, but atleast not the time to sell.
There is no use to sell at 50-60-70% down prices.
Uptill now, if one has not sold anything , then it is no use in selling now at 60% down prices.
Actually , I think it is time to buy stocks in staggered manner.
Buy 10-15% of what you wanted to buy, if the stocks are looking fundamentally great one can even buy more in percentage terms.
India Glycols, SKS Logistic,SBTL,XL Tele, Gremach Infra,Time Techno,JMC Project,Ispat Ind,Ril Infra , Ril Petro and many A gr stocks are looking great.
A gr stocks will be the forerunner in next rally as they have been also battered in this carnage along with Cash gr stocks.....hence when a blue chip is available at 50% discount why one will go for a underdeveloped stocks like SKS Logistic,SBTL etc......
I am not saying that Cash gr stocks which we have discussed here are bad, but they will take time to go up and that maybe a year or more from here........
Hence I would suggest to start buying from hereon in a staggered manner.....instead of selling...
Posted by at

10 comments:

  1. VasanthMarch 24, 2008 at 8:45 PM

    Hi Rajeev,

    I know that you don't beleive in technical analysis. But what about Techno-Funda ? I have come across a techno-funda website called http://www.stocktalkindia.com/.
    I have followed them for around 6 months and found it really good. Please don't think that I am doing any advertising for them. Since I have found both of your intentions (helping retail investors) are same I just thought of posting. At the send just for your information, stocktalkindia is again a MMB boarder.

    ReplyDelete
  2. VasanthMarch 24, 2008 at 8:46 PM

    Please correct At the send as At the end in my last post.

    ReplyDelete
  3. AnonymousMarch 25, 2008 at 12:27 AM

    dear rajeev,
    thanks for ur gr8 suggesion.
    can i hold allied comp. or to convert it to some good company.
    Also i want to know about the following stock to hold,sell, convert.
    1. Artson engg
    2. jayswal neco
    3. SBTL

    can u suggest abt.
    1. facor alloy i bought at 14 now 6
    2. Alumeco

    thanks in advance.

    Ahmed

    ReplyDelete
  4. KPRMarch 25, 2008 at 12:46 AM

    Hi Rajeev,

    How are you?How is everything going? are you adjusted to chicago weather?Thanks for posting all the facts of markets.When you mention Ril Infra that mean is it Reliance Industrial InfraStructure Ltd?

    Takecare
    Ravi

    ReplyDelete
  5. Rajeev DesaiMarch 25, 2008 at 7:35 AM

    Hi Ravi,
    Well, when I write about Ril Infra it is same Ril Ind Infra....
    Well,getting adjuctwed with Chicago, Illinois wheather....but a Job is still eluding me.....

    ReplyDelete
  6. Rajeev DesaiMarch 25, 2008 at 7:40 AM

    Hi Ahmed,
    I still think SBTL is a good switch over for Allied Comp....
    all the others you wrote are looking good....
    as I said, there is no use in selling stock which are already down by 50-60%.........

    ReplyDelete
  7. raimaMarch 29, 2008 at 3:03 PM

    hi rajeev,
    happy birthday , may god grant u all ur wishes,including a choice placement in USA.
    i just wanted to ask u why are u suggesting a switch from allied computers to sbtl, do u think allied is not good and will not do well in long run or is it because it has fallen too much.if u still have faith in the company then i would like to wait.thanks
    raima

    ReplyDelete
  8. Rajeev DesaiMarch 30, 2008 at 7:20 AM

    Raima and others...
    Thanks for wishing me on my birthday......
    Well, Allied comp is fundamentally good and should reach at the previous level.....but it may take longer time then one think...can't write how much time....
    Well, Allied has reached 72 and has retraced to 20...while SBTL has not even passed 60...and moreover Bio fules will be the next sector to watch out for...
    I will be pasting an interview of Vinod Khosla(Founder Sun Microsystem) and now become a Venture capitalist.....on his take on Bio Fules....
    After reading that I have become more bullish on Biofuel sector as a whole...
    and the stocks that comes in play are
    1)Praj Ind(Vinod Khosla &RJ holds big stake here)
    2)IKF Techno
    3)Williamsom Magor
    4)DMC Int
    5)SBTL
    6)Ril Ind
    If anyone has more stocks in this sector may write ....

    ReplyDelete
  9. AnonymousMarch 30, 2008 at 10:15 PM

    Dear Rajiv

    I find RIIL [Reliance Industrial Infra] in your suggested stocks.

    I request you to kindly share your perspective on RIIL.
    I am invested in it at a higher price. Price does not worry me, I have bought it for 3-5 years.
    I want to know if the reasons why I bought it are right or not.

    It was reccomended to me by a small team I am part of; and I looked at the scrip, saw a huge potential, and got in.
    My perception was based that MADAG will construct pipe-lines for gas from Kaveri basin and dothe trnsport itself.
    It will do the same at Jamnagar-will build/acquire pipe lines for EXPORT as well transport within Gujarat and the country.
    It has a huge SEZ to develop, i forget its name.
    And I perceived that it is getting ready to participate in majorINFRA projects like New Delhi Railway Station.

    I sense that over the last decade -and more so over past 5-6 years, there has been huge huge creeping real estate accumulation across India.

    BUT at this point I am unable to FIGURE out what is with RIL and what will be RIIL.
    AS of date, factually and technically speaking, RIIL has a very small EPS and hardly any projects.

    I would be GLAD if you share your perspective.
    I bought in at 2000+ and can buy a little more to average down.
    Our team also reccomended GPSL - Gujarat State Pipe Company saying that it will be a part of RILL growth.

    REGARDS KM

    ReplyDelete
  10. raimaMarch 31, 2008 at 1:14 PM

    thanks rajeev for this prompt respoonse, i too will think of switch over,by the way are u still positive about jct, its not in ur current list and also this too is going for alternate sources of energy??whats ur take on that
    raima

    ReplyDelete

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