Hi, Bravo , Our FM was very sad when sensex used to get a new high.

I mentined what will he do when it will crack , Now this is the time it is cracking and people are selling like no tomorrow.

Understand this is dead men\...

Hi, Bravo , Our FM was very sad when sensex used to get a new high.

I mentined what will he do when it will crack , Now this is the time it is cracking and people are selling like no tomorrow.

Understand this is dead men\\\\`s selling. Buy good Company which pay regular dividend and investor need to be in Business.

People are hoarding cash , I dont understand what they will do with cash?? But this is what it is today !!!!

and when they will wake up , they will find piles of cash in their hand and no place to invest!!

Investment in USA and Europe is now out of question , what is left in global economy which can give good business and return !! China and India where 40% of Global Population lives.

India have wonderful accounting system but its promoters are very greedy , They dont pay dividends barring this Idia is fine place.

China , well everything is controlled and you really cannot stand by for the authenticity of its accounts.

Buy India........ for Lonf Term ; You may get lower price but I wonder if you can get the quantity........

Companies having FCCB maturing in 2008 or in 2009 may need to worry , but why should the companies where FCCb is maturing after 2009 need to worry.

Dont worry its sell off by dead man\...

Their Annual Report , Their monthly news letter are all very much same and frustratingly repitative.

They really have nothing to show real progress ? Their Kinfra project was scheduled to commence operation by May 2007 but is still work in progress ...

They are absolutely silent on the performance of their previous animantion pictures...

They sold land and their balance sheet is not showing anything in other income ?

I wonder how they could not manage good profit from sale of land in this market where despite fall in land prices people make money in land bought 2 years back .. and their profit is inclusive of LTCG on land sale.

They sold IP right for 7 cr. and yet they have only 7 odd cr to report as NP in 1st qtr?

There is lot hidden than apparant .... If management choose to clear the doughts.......

yep there is provision for buy bak and board is authorised to buy back as and when from secondary market. upto at Rs.350/- a share

In fact its a route to jack up promoters holding by using shareholders money. besides there is no guarantee that they will buy they may or they may not.

Since this is now a good cash generating company I have every reason to believe that they will buy. Now that they still have huge stake which is good enough for total control I suspect given their past performance , they will not buy by raising stock price.

This is a family run business and obviously they will not spend un necessary money on so called professional managers , Its imp to mention that by nature I am all against these so called highly learned professional manager coz they dont respect your money , all they care is how to get rich themselves and run corporate ladder. Thet are taught this way only.

I was talking about the promoters , they are respectable family in business , I hope they do not compete with the nature and likes of essar group. ...

Its really very absurd to say that I am making almost Rs65/- per share in cash but I will not pay more than Rs.2/- per share as dividend.

Besides its treating minority shareholders as if they are beggers.

I have more than 1250 shares and I am willing to donate the dividend receivable from Jindal Poly for the benefit of management; claim it to get it , I think Management needs resorces for future investment.
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Its not important to go to 3500-3700 beore going up , but since you cannot go up u need to go down , one cannot stay still for long !!! ; rater its a question of liquidity ; these so called gr8 learned people have done with the public money ; and sadly this time they have done like no time next....

Besides Indian economy is facing a worst kind of inflation and to control that RBI and Govt need to cut demand and to grow one needs surge in Demand.

Now if you let demand grow and raise inflation , you land in a situation where you make more money but with no real value i.e you are buying the same qauality an quantity of goods with more money. thus ineffect your absolute quantity of money is growing but the value is infact decreasing.

The growth has to be without raising inflation and only that will creat positive value and growth of the nation.

To keep prices in control India needs better capacity , which is not happening in the next 2 yras ; besides the capital required for the purpose have to come from global market which in flush with cash but cannot enter India due to various reasons these funds have back in their home country.

The Likes of global Financial wizards who run great financial institutions , had a gr8 bouts of greed in the past , so till they buy ut all these distressed assets back in their private companies this US financial problem will not be solved ; its a part of price we must be ready to pay to live in professionally managed democratic environment which gives all an equal oppertunity to cream off general mass.

Any way ; look for the day when inflation starts tapering off ; crude cools off togather with other metals , looks when RBI relaxes forex inflow norms and that is the time for resurgance of equity market ; now this may occur sometime mid 09 and given base effect by July / Aug 09 Inflation figure will also subside with a caveat that crude does not creat scene again!!!

I must mention that by 2011-13 India will see a sensex at above 30000. may be 35000 or 39000

But who will last this long is a question.
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Are\\`nt they gonna BUY BACK the shares which in other words will boost the per share earnings? Yes..True their dividend pay is so little. But I checked the latest annual report and the executives are also not paid well or the management isnt taking lot of money. Maybe they want to save money to expand their capacities and invest in Jindal India Powertech...

Sonu, why patience is calling the market as "her" ? Can you specify the reason? The greatest question is its "his" or "her" idea to go up or down. I think market must be a female as it is unpredictable. She will run if you follow and she will follow if you run. cheers shakti ...