Claris is the rebirth of Core Parentals Ltd. The promoters of Core, including the parents of the present promoter, enmassed huge money from public and after a few years, company went in liquidation leaving the investors in lurch. This also may not be a different story. A wise investor will avoid this issue.
I am also new to market, but the problem , is taht, when ever, I bought some script, it comming donw in the later stage.
I have earned a good profit, on syndicate bank, around 900 , and this was done, with out any bodys help, I saw which script is below in the <<52 low>> I found this script, and it up and booked my proft.
As like I though , I need to buy some script on the listing, and sell them , I see Gyscoal is doing good, touches 106 so I trigger the buttom, but then the next moment it going down and down. Ultimately I thought to exit with Rs30 loss per share on 40 share.
Thinking of investing this money in listing of Coal Inida ?
Can you please talk in more detail about your method for past 40 years? I did not understand much about this 10 share thingie you talked about. I'm sure there are alot of people out there who would be benefitted.
Thanks in advance!
471. Chem cho| Link| Bookmark|
October 29, 2010 2:14:30 PM
IPO Guru (2600+ Posts, 2700+ Likes)
LOST IN MARKET SINCE YOU ARE EMPLOYED OR HAVE GOOD BUSSINES AND LOST IN THE MARKET IS NOT TO WORY HAVE BOOKED YOU LOSS IN INCOME TAX RETURN AT THE MARKET OF 20000 SENSEX IS NOT WORTH INVESTING IN SIP I AM ALSO TOTALLY AGAINST INVESTING IN MUTAL FUNDS AT THIS RATE OF SENSEX OF 20000 AND ABOVE INVEST IN GOOD IPO GRADE 4 OR GRADE 5 SELL ALL YOUR INITAL INVESTMENT AND KEEP SHARES ONLY OF PROFIT THIS I AM DOING LAST 40 YEARS YOU CAN HAVE JUST 10 SHARES OF COAL INDIA AFTER SELLING ALL YOU HAVE ALLOTTED JUST 10 SHARES OF POWER GRID APPLY IN IPO AND SELL ALL EXEPT 10 SHARES GO ON DOING THIS FOR 20 YEARS YOUR RETURN WILL ME MAXIMUM THAN SIP OR MUTUAL FUNDS BY DOING THIS YOU WILL NOT HAVE THE FEER OF HARASHAD METHA KETAN PAREEK AND THE EURO OR THE USA HOUSING DATA OR USA DOLLAR INDEX AGAIN YOU HAVE TO THINIK WHICH SHARES YOU HAVE TO SELL FROM THE 10 OR 5 SHARES YOU HAVE AN GOOD EXAMPLE TODAY IS OF SKS MICRO CONTACT YOUR TAX CONSULTANT AND ASK HIM IF YOU CAN FILE AN REVISED TAX RETURN FOR THE LOSSES YOU MADE IN 1997 OR 1998 GOOD DAY AND GOD BLESS YOU
@475. Ravi, Bangalore. Thanks for suggestion. I am also planing to remove Tourism Finance and Ankur Drugs and want to add Smartlink. I also found one more stock which can be multi-bagger (10 bagger even) in long term. It is Arman Financials. it is Micro Finance company from Gujarat and seems to be good candidate from today's date. Please have a look at this and suggest me. You can also have a look at this URL: http://www.min10bagger.com/ for Arman Financials infomation.
Smartlink seems to be good choice for long term.
Also, LIC is going to split soon (Face Value will be Rs. 2). Is it advisable to buy it after split or better to buy GIC Housing Finance for the same kind of return (700-800% in 2-3 years).
Please suggest. Pls help me building my portfolio so that I can cover my loss. :(
GAL 83- Book value is around 57 after collecting funds through IPO proceeds.
P/E is market value & Book Value is based on balance sheet numbers. It is running company. Hence, investors can pay some premium. In other words, you can pay some premium to its earnings. But, you are bought & caught at 108. Thus, you are paying high premium for its earnings.
Technically, it is facing resistance in 93 - 113 area. Support in 81-75 area, 68, 53 or even below 31 (Data insufficient for technical analysis).
Ravi bangalore, what's your kind advice - Bought 800 @ 107.65 , now curretlt trading at 83.15 - should i book loss or hold(how long). Is there any chance of recoveryyy ?
Don't make long-term investment in financial & auto sector. In addition, due digilence required about Kolkata Steel companies like Electosteel as you can't take their balance sheet numbers on its face-value.
Sometime later, I will explain high promoters hook & cook balance sheet numbers in Kolkata based steel companies & Mumbai-Ahmedabad region small-cap textile companies.
hi , lost in market sir, even i am in the same boat, i have lost 25 k in this stock yesterday. Do u have any idea at what price it will settle today , less than 76 ?
to savan Please note that the grading done by the agencies are not giving the grade based on the issue/offer price. They are looking at the fundamental of the company only!!!. Not price . we are looking at the price not the fundamental. So forget about the grading. No comparision can be done between these two companis their size,bussiness etc. are wildly different. Only you can compare its listing gain %. And enjoy. Hope ( do not pray) CIL gives more % ROI.
@465. KK Natarajan. I am agree with you. I have prepared a list of stocks which includes:
PVP Ventures K Sera Sera Tanla Solutions Taneja Aerospace SJVN Tourism Finance Confidence Pentro KGL Unitech Castrol Gitanjali Gems Central Bank of India Ankur Drugs TRIL Electrosteel MosarBear GAEL
I am planing to buy them in SIP every month and expect that they all will give min 500% to 1000% return in less than 3 years. However, my worry is that market is going up and up and few days back I calculated that 6k should be fine to buy these shares every month in SIP, today it is close to 7k. If this continue, then I may need to spend min 10k/ month to buy these shares in my desired qnty.
The best way is to invest in one shot and then wait. If I can do this, I will be even more happy if market crashes like anything so that I can buy more of the same and can bring down my average price more than 50%. Let's see.
I did not average it last time in 2008 and that is the only reason why I went on to lose 4 lakhs. Had I averaged for hardly 5-6k, I would have saved 4 lakhs in last 2+ years.
In the list above, I am also not sure if I should include Gitanjali Gems, Ankur Drugs, Tourism Finance or not or buy HDFC, LIC and Tata Motors instead of them. :( But they are very expensive. However, I am expecting that they will still give min 1000% return in 3-4 years.