Parsvnath Developers

Investment Plan for market

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Dear mukut,
First I was also surprised. It was pledged and with a lien on a block of constructed and on going projects, to a total value of double the sum, to have as a cushion. Any how it is loss for one of them. It just assessing the value of the two dead bulls for their skin.
v.krishnamoorthy

Investment Plan for market

Posted by : mukut

Krishnamoorthy, How do u see parsvnath`s equity pledge with IDBI for getting funds? On 2 oct parsvnath pledged 20.86lac shares with IDBI bank.

Investment Plan for market

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Dear Kalp123
Don`t plan at all to buy any share in this market. Keep your money in short term deposit with a bank.See the papers only and not even the cnbc tv18. It may take certainly one year or atlease till the March 2009 results are out.
even then don`t buy the realty stocks of Rs.face value rs.1 0r 2 which will not be worthwhile.
v.krishnamoorthy

Investment Plan for market

Posted by : kalp123

According to me in this bad market, Please don`t sell our investment with making a loss but keep the our investment as it is, forget for 2 to 3 years and make a money. Don`t buy or sell if the any brokers has recommanded to buy or sell. Because if we buy or sell then and then only brokers are doing their business and for doing their business the brokers can do anything. According to see the status of global cues there is not any possibility for the world finance market to be stabilize and travel their journey to upword. Now a days the our market is totally depended on Global cues in their is not any affect of local cues. So This is the time to be safe for investment.

The worst stock ever seen

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PartV

If you are married, get some gold for the family once a while. That is also a form of investment at which the entire family will join you and give a helping hand. After all we earn to have a happy living and for making others happy. First try to make your family happy and get peace of happiness at their smiling faces. will you do it? Pleae try.
wish you and your family all the best.
I have shared my thoughts at "HDFC BANK" potfolio of money control a few days back. If possible have a reading, with your family.
wish you all the best for the days to come.
v.krishnamoorthy

The worst stock ever seen

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PartV

If you are married, get some gold for the family once a while. That is also a form of investment at which the entire family will join you and give a helping hand. After all we earn to have a happy living and for making others happy. First try to make your family happy and get peace of happiness at their smiling faces. will you do it? Pleae try.
wish you and your family all the best.
I have shared my thoughts at "HDFC BANK" potfolio of money control a few days back. If possible have a reading, with your family.
wish you all the best for the days to come.
v.krishnamoorthy

The worst stock ever seen

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PartIII
I am having liking for foreign exchange deals. I know how much liking is created during a minute and much is lost during a second. Many do not have the exact figures of loss incurred at the `future`counters of crude oil for the past two months. This a casino. you should not attach too much importance on calculations and expectations created by others. Put 5 to 10% of your savings only . If you have money park it as short term deposits. Buy gold or silver for 5% of your surplus funds.

part iv will follow

The worst stock ever seen

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continues...Part II

The world market is related. But it is not related to products alone. The crude was blamed two months back. Now it is below 100$. The market advisors are always finding some reason to blame or praise the movements of market. See the plight of the US president who could not get the clearence at the senate for 48 hours.Our turn is at a distance. Our ministers and RBI are not giving us signals.They have an eye on the elections only. That is politics.

The worst stock ever seen

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To vkaneja
I am replying you in three parts as the mail is being edited for a wor`IN" which is not allowed for the reasons best known to the editors or moderators. Let bear their restrictions.
Part1.
My prime aim is to see that you are not carried away with the thinking . The idea of putting more money at the same lose making company by the name of averaging, is not always correct. It is not a good proposition for the present context. While reading some post at these `money control` pages, you will be tempted to do so. A clever man tries to place his holdings on the hands of some confused hands. Please do not commit the same mistake.If winter comes,can spring be far behind? Wait for your time to sell the shares at lesser loss. But for heavens sake, dont put any fresh funds for this scrip.
A new comer can buy and wait for his luck. His stake is low. He can take risk. For your case, you have already created a loss notionally. Why should you burden yourself and your family with further risk and liability. All are not wise and always wise. We also committed mistakes. Now the market is full of cheats and pickpocketeers--I refer to the IPOs and the lead managers. The regulators are not doing their jobs truthfully.

see part 2.

The worst stock ever seen

Posted by : vkaneja

Respected Sh. V. Krishnamoorthy
Thank you very much for your affection and elderly advice for young investors like us. It gives us pain to see our investment reduced to one fifth in three years. Experts say invest for long term. What is the guarantee that in long term macro factors will turn favourable. Any how if crude rose again our economy will feel shocks again. Your advice seems correct that real estste sector will not give positive returns in short to medium term. I am helplessly waiting to get my investment back not to talk about making profits. For future I have learnt a losson that get out of a stock when your target profit is achieved.

The worst stock ever seen

Posted by : Guest

Good advise, but in reality most of the peoples who invested in Parsvnath watched this stock movement for more than a yr, it never went below 280 and it was in the range of 280-550 for many months. No body knows sensex will come down to 12k from 22k. Real estate will come back and we will see good movement in a yr or 2. Parsvnath is not only building houses, it also has presence in hotels/malls etc., so the current price of 90 is good price, many peoples bought in 400 No point is selling with 75% loss. Be patience, but dont hesitate to sell if we see good jump.

The worst stock ever seen

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Dear Sri Kumar(guest) and vkaneja,
I read your posts. I am sorry to hear your predicament. Please allow me tell my point of view. Sorry for intervention.

Right or wrong you made an investment and incurred a heavy loss,notionally as on date. What is the lesson you learnt? You took a wrong decision or the promotors made a profit by issuing the ipo at a hefty premium. You now feel cheated as you failed to sell at a higher price when it was listed. You were not wise to encash it. Please accept it. that is the truth.

Now in the name of averaging the cost of your present holding, you want to buy more shares. You want to try your luck or gamble with your hard earned money. The reality stocks are out of favour and the timing is not good for the price to go up as we expect. That is the view of many. this may change. I am not sure.

Just wait with that idea of additional investment. How much you desire to invest more to average? Or, what should be the average price you desire to have,for your entire holding, to get out of this hell? Decide this amount first. and confirm yourself thathow you are going to have it.
Take that additional money into account for a simple calculation.If you put that amount in the same stock, you lose that additional money first and get an average cost for the entire holding. Wait with your fingers crossed till "THAT DAY " comes to get your entire money back. Provided you find someone to buy that stock at that price. You should not change your decision also.

Now consider the time tag. Will it be three years or five years. What you get is the money back with the entire earning as a loss. That is you have lost the basic interest , say 6% pa. on the original investment and the interest on the additional amount at the current rate of 10% pa.

You workout the total loss of interest. Is it worthwhile?
You are having two unknown factors. The possible appreciation in the reality stock prices. And the time taken for which your additional money is lying in this share without returns. NO ONE CAN TELL YOU THE CONFIRMED AND CORRECT REPLY for these two unknown factors.
One thing is certain that your cash on hand will go out of your control. Think here deeply.

Mr. kumar says he is having 2000 shares. Mr.VKAneja says he has no funds. What is the cost of the additional money tobe injected?
Don't put your hard earned money in the name of averaging. You are creating a loss for your hard earned money available on hand.

Just bear with the investment. Think that you are unlucky. Never put your good money in any bad investment. Your additional investment is not releaving you from the hands of people who could not be taken for trust. Read this for some time and decide it in consultation with your spouses.

For any loss or profit will reflect on the finance of the family. I am 70 years old. Retired LIC official in USA. I take you as younger to me . So I take the liberty to post this mail and I make this request to you.

For future: When ever you buy shares observe the movements of the price for six months. Fix a target for buying or selling. This will decide your profit or sales. You can fix the time horizen according to your risk appetite.
wish you happy investment and peace of mind.
with my best wishes,
V.Krishnamoorthy

The worst stock ever seen

Posted by : Leave it.

Dear Sri Kumar(guest) and vkaneja,
I read your posts. I am sorry to hear your predicament. Please allow me tell my point of view. Sorry for intervention.

Right or wrong you made an investment and incurred a heavy loss,notionally as on date. What is the lesson you learnt? You took a wrong decision or the promotors made a profit by issuing the ipo at a hefty premium. You now feel cheated as you failed to sell at a higher price when it was listed. You were not wise to encash it. Please accept it. that is the truth.

Now in the name of averaging the cost of your present holding, you want to buy more shares. You want to try your luck or gamble with your hard earned money. The reality stocks are out of favour and the timing is not good for the price to go up as we expect. That is the view of many. this may change. I am not sure.

Just wait with that idea of additional investment. How much you desire to invest more to average? Or, what should be the average price you desire to have,for your entire holding, to get out of this hell? Decide this amount first. and confirm yourself thathow you are going to have it.
Take that additional money into account for a simple calculation.If you put that amount in the same stock, you lose that additional money first and get an average cost for the entire holding. Wait with your fingers crossed till "THAT DAY " comes to get your entire money back. Provided you find someone to buy that stock at that price. You should not change your decision also.

Now consider the time tag. Will it be three years or five years. What you get is the money back with the entire earning as a loss. That is you have lost the basic interest , say 6% pa. on the original investment and the interest on the additional amount at the current rate of 10% pa.

You workout the total loss of interest. Is it worthwhile?
You are having two unknown factors. The possible appreciation in the reality stock prices. And the time taken for which your additional money is lying in this share without returns. NO ONE CAN TELL YOU THE CONFIRMED AND CORRECT REPLY for these two unknown factors.
One thing is certain that your cash on hand will go out of your control. Think here deeply.

Mr. kumar says he is having 2000 shares. Mr.VKAneja says he has no funds. What is the cost of the additional money tobe injected?
Don't put your hard earned money in the name of averaging. You are creating a loss for your hard earned money available on hand.

Just bear with the investment. Think that you are unlucky. Never put your good money in any bad investment. Your additional investment is not releaving you from the hands of people who could not be taken for trust. Read this for some time and decide it in consultation with your spouses.

For any loss or profit will reflect on the finance of the family. I am 70 years old. Retired LIC official in USA. I take you as younger to me . So I take the liberty to post this mail and I make this request to you.

For future: When ever you buy shares observe the movements of the price for six months. Fix a target for buying or selling. This will decide your profit or sales. You can fix the time horizen according to your risk appetite.
wish you happy investment and peace of mind.
with my best wishes,
V.Krishnamoorthy

The worst stock ever seen

Posted by : Leave it.

Dear Sri Kumar(guest) and vkaneja,
I read your posts. I am sorry to hear your predicament. Please allow me tell my point of view. Sorry for intervention.

Right or wrong you made an investment and incurred a heavy loss,notionally as on date. What is the lesson you learnt? You took a wrong decision or the promotors made a profit by issuing the ipo at a hefty premium. You now feel cheated as you failed to sell at a higher price when it was listed. You were not wise to encash it. Please accept it. that is the truth.

Now in the name of averaging the cost of your present holding, you want to buy more shares. You want to try your luck or gamble with your hard earned money. The reality stocks are out of favour and the timing is not good for the price to go up as we expect. That is the view of many. this may change. I am not sure.

Just wait with that idea of additional investment. How much you desire to invest more to average? Or, what should be the average price you desire to have,for your entire holding, to get out of this hell? Decide this amount first. and confirm yourself thathow you are going to have it.
Take that additional money into account for a simple calculation.If you put that amount in the same stock, you lose that additional money first and get an average cost for the entire holding. Wait with your fingers crossed till "THAT DAY " comes to get your entire money back. Provided you find someone to buy that stock at that price. You should not change your decision also.

Now consider the time tag. Will it be three years or five years. What you get is the money back with the entire earning as a loss. That is you have lost the basic interest , say 6% pa. on the original investment and the interest on the additional amount at the current rate of 10% pa.

You workout the total loss of interest. Is it worthwhile?
You are having two unknown factors. The possible appreciation in the reality stock prices. And the time taken for which your additional money is lying in this share without returns. NO ONE CAN TELL YOU THE CONFIRMED AND CORRECT REPLY for these two unknown factors.
One thing is certain that your cash on hand will go out of your control. Think here deeply.

Mr. kumar says he is having 2000 shares. Mr.VKAneja says he has no funds. What is the cost of the additional money tobe injected?
Don't put your hard earned money in the name of averaging. You are creating a loss for your hard earned money available on hand.

Just bear with the investment. Think that you are unlucky. Never put your good money in any bad investment. Your additional investment is not releaving you from the hands of people who could not be taken for trust. Read this for some time and decide it in consultation with your spouses.

For any loss or profit will reflect on the finance of the family. I am 70 years old. Retired LIC official in USA. I take you as younger to me . So I take the liberty to post this mail and I make this request to you.

For future: When ever you buy shares observe the movements of the price for six months. Fix a target for buying or selling. This will decide your profit or sales. You can fix the time horizen according to your risk appetite.
wish you happy investment and peace of mind.
with my best wishes,
V.Krishnamoorthy