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22 Nov 2008 23:56

Jet may land in to double digit mark....

Jet Airways

Posted by : vkk43
Price when posted : BSE: Rs 149.55 ( -1.03 % ), NSE: Rs. 149.85 ( -0.96 % )
View full thread (102 messages)

Tracked by: 3 Boarders

If not in near term, they have to reduce their fares after sometime....

In reply to:

Jet may land in to double digit mark....

Posted by : sambala

Jet, Kingfisher bosses rule out cut in airfares

New Delhi: The Big Three of Indian aviation came together and the Hindustan Times Leadership Summit 2008 and faced an inevitable question.


They were asked when the airfares would be cut even as aviation turbine fuel price has been cut. But private airlines don`t seem to be in a mood to oblige.


The discussion on the state of domestic aviation industry started on a light note.


"We call him Praful bhai (brother)," Jet Airways Chairman Naresh Goyal said about Union Civil Aviation Minister Praful Patel.


"I am not that kind of bhai so please don`t misunderstand," Praful quipped and then added that wanted a cut in airfares.


"Now with fuel prices down and also with the government`s own desire to see that we are giving whatever help we can to you must match it with a perception that fares are coming down," Patel said.


But both Naresh Goyal and Kingfisher Airlines Chairman VIjay Mallya were quick to turn it down.


"I don`t want to close down my company. Vijay thank you very much. You can live on liquor but I have nowhere to go," Goyal said.


Aviation turbine fuel prices have dropped down significantly and combined with the withdrawal of customs duty the decrease has been over 25 per cent.


But Mallya said oil is only one component and that the strengthening dollar is also draining them.


"A huge component of our costs is lease cost for aeroplanes, maintenance coasts are all dollar denominated," revealed Mallya.


So for now expect no fare cuts unless aviation turbine fuel prices tumble further or if the fuel is notified as a declared good that will bring the sales tax down to a uniform four per cent across the country from the present average of 21 per cent.


The only hope therefore is for public carrier Air India to bring down prices which could happen in January

22 Nov 2008 23:52

Jet may land in to double digit mark....

Jet Airways

Posted by : sambala
Price when posted : BSE: Rs 149.55 ( -1.03 % ), NSE: Rs. 149.85 ( -0.96 % )
View full thread (102 messages)

Tracked by: 3 Boarders

Jet, Kingfisher bosses rule out cut in airfares

New Delhi: The Big Three of Indian aviation came together and the Hindustan Times Leadership Summit 2008 and faced an inevitable question.


They were asked when the airfares would be cut even as aviation turbine fuel price has been cut. But private airlines don`t seem to be in a mood to oblige.


The discussion on the state of domestic aviation industry started on a light note.


"We call him Praful bhai (brother)," Jet Airways Chairman Naresh Goyal said about Union Civil Aviation Minister Praful Patel.


"I am not that kind of bhai so please don`t misunderstand," Praful quipped and then added that wanted a cut in airfares.


"Now with fuel prices down and also with the government`s own desire to see that we are giving whatever help we can to you must match it with a perception that fares are coming down," Patel said.


But both Naresh Goyal and Kingfisher Airlines Chairman VIjay Mallya were quick to turn it down.


"I don`t want to close down my company. Vijay thank you very much. You can live on liquor but I have nowhere to go," Goyal said.


Aviation turbine fuel prices have dropped down significantly and combined with the withdrawal of customs duty the decrease has been over 25 per cent.


But Mallya said oil is only one component and that the strengthening dollar is also draining them.


"A huge component of our costs is lease cost for aeroplanes, maintenance coasts are all dollar denominated," revealed Mallya.


So for now expect no fare cuts unless aviation turbine fuel prices tumble further or if the fuel is notified as a declared good that will bring the sales tax down to a uniform four per cent across the country from the present average of 21 per cent.


The only hope therefore is for public carrier Air India to bring down prices which could happen in January
...

In reply to:

Jet may land in to double digit mark....

Posted by : KARUNAS

Even these news cannot stop Jet`s journey to two digit mark.

22 Nov 2008 23:48

UNITECH HAS RESISTANCE AT 30

Unitech

Posted by : vkk43
Price when posted : BSE: Rs 31.85 ( -9.39 % ), NSE: Rs. 32.00 ( -8.57 % )
View full thread (4 messages)

Tracked by: 0 Boarder

It is my pleasure. Thanks....

In reply to:

UNITECH HAS RESISTANCE AT 30

Posted by : drjagb

Dear vkk43,
You are right. I get corrected. Thanks.

22 Nov 2008 23:47

UNITECH HAS RESISTANCE AT 30

Unitech

Posted by : drjagb
Price when posted : BSE: Rs 31.85 ( -9.39 % ), NSE: Rs. 32.00 ( -8.57 % )
View full thread (4 messages)

Tracked by: 0 Boarder

Dear vkk43,
You are right. I get corrected. Thanks....

In reply to:

UNITECH HAS RESISTANCE AT 30

Posted by : vkk43

Unitech appears to have support at Rs.30/- level and not resistance. Of course you are right, it should hold at this level. However, if it falls from this level, then it could come down sharply by few rupees.

22 Nov 2008 23:46

Buy

Rel Capital

Posted by : vkk43
Price when posted : BSE: Rs 442.85 ( 4.93 % ), NSE: Rs. 442.35 ( 4.92 % )
View full thread (4 messages)

Tracked by: 0 Boarder

This share swings both ways sharply and buy low and sell high is a good strategy for this share....

In reply to:

Buy

Posted by : my_money

just technical pull back / short covering. how long will it carry on? it will depend on the buying interest.

Rgds,

22 Nov 2008 23:45

Scary Movies of Europe. Read on...

Reliance

Posted by : vkk43
Price when posted : BSE: Rs 1127.35 ( 6.49 % ), NSE: Rs. 1124.35 ( 6.47 % )
View full thread (2 messages)

Tracked by: 0 Boarder

My son, a senior executive in SIEMENS AG, Germany, is also of the same opinion that more bad news are likely to follow next year from Europe as well....

In reply to:

Scary Movies of Europe. Read on...

Posted by : pyaretaj

In Germany, Chancellor Angela Merkel said she expected the first few months of next year to bear more bad news for Europe`s largest economy, which is now in recession.

Merkel told Welt am Sonntag newspaper that economic development in Germany, Europe and the rest of the world was hard to predict but

22 Nov 2008 23:42

UNITECH HAS RESISTANCE AT 30

Unitech

Posted by : vkk43
Price when posted : BSE: Rs 31.85 ( -9.39 % ), NSE: Rs. 32.00 ( -8.57 % )
View full thread (4 messages)

Tracked by: 0 Boarder

Unitech appears to have support at Rs.30/- level and not resistance. Of course you are right, it should hold at this level. However, if it falls from this level, then it could come down sharply by few rupees....

In reply to:

UNITECH HAS RESISTANCE AT 30

Posted by : drjagb

Unitech appears to have resistance at Rs 30 level, earlier also it rebounced from this level on 24th October and achieved level of 58 on 11th November which was almost double of its reistance level seen on 21st Nov also. I hope the scrip may see above 51 level by next weekend. Pl comment.

22 Nov 2008 23:40

Buy Nitta Gelatine

Nitta Gelatin

Posted by : vkk43
Price when posted : BSE: Rs 42.45 ( 5.20 % )
View full thread (2 messages)

Tracked by: 0 Boarder

I fully agree with you. Present market price seems to be quite reasonable for this share and once sentiments improve, it could easily move to 60/65 quickly. Definitely a LT buy....

In reply to:

Buy Nitta Gelatine

Posted by : KintuParantu

Nitta Gelatine with majority stake of Nitta, Japan is available at a good price. Healthy EPS, High BV, Zero Debt status and products are recession proof with application in food processing, pharma capsule, animal feed. Company is a net exporter. Weak Rupee will be bonanza. Good dividend expected if not good capital appreciation in this current market sentiments. Nitta Gelatine is a good buy for longterm investors.

22 Nov 2008 23:38

Good Support at 37

Chambal Fert

Posted by : vkk43
Price when posted : BSE: Rs 31.90 ( 0.47 % ), NSE: Rs. 31.90 ( 0.79 % )
View full thread (29 messages)

Tracked by: 0 Boarder

I do agree with your views. Thanks....

In reply to:

Good Support at 37

Posted by : santhosho

ANY WAY FOOLS CAN BE FOOLS FOR LIFETIME.....NO ONE CAN CHANGE THEM....DONT BELIEVE PEOPLE COMES IN POST MESSAGES IN `GHOSTS` NAME....HAD ANYONE CHECKED THE FII HOLDING IN CHAMBAL AND NFCL....ITS LESS THAN 5% NOW....WHICH COMBINED WIHT SOME SHORTS AND MARKET SLIPS CAN PRODUCE ANOTHER 10%DOWN FROM THE PRESENT RATE..PECISELY 27/- WOULD BE THE LAST BOTTOM FOR CHAMBAL...NFCL..FIIs HOLDING IS LOW...SO MAX BOTTOM WOULD BE AROUND 12-13...NOT BELOW.. THAT...CURRENT CRISIS IS LACK OF OPERATORS IN THESE COUNTERS....BUT REMEMBER A VERY SMALL POSITIVE NEWS WILL TRIGGER THESE TWO WITH 15-20% GAIN A DAY...
STAY INVESTED AT SIPS....THATS THE BEST SOLUTION....
Cheers.....
SANTHOSH....??

22 Nov 2008 23:34

UNITECH HAS RESISTANCE AT 30

Unitech

Posted by : drjagb
Price when posted : BSE: Rs 31.85 ( -9.39 % ), NSE: Rs. 32.00 ( -8.57 % )
View full thread (4 messages)

Tracked by: 0 Boarder

Unitech appears to have resistance at Rs 30 level, earlier also it rebounced from this level on 24th October and achieved level of 58 on 11th November which was almost double of its reistance level seen on 21st Nov also. I hope the scrip may see above 51 level by next weekend. Pl comment....

22 Nov 2008 23:02

Buy this one an ideal candidate to generate wealth

Monsanto India

Posted by : psgs
Price when posted : BSE: Rs 1159.70 ( 0.82 % ), NSE: Rs. 1157.40 ( 0.76 % )
View full thread (19 messages)

Tracked by: 2 Boarders

i ash...!!
how is abhishek bachchan doing ;) lol.
ok, coming to Monsanto. Its my alltime fav stock.
i simply love this stock. i don`t mind holding this stock even for 50 years ;) lol. i just can`t put a sell or hold call on this stock. its a bluest of the bluechips and its a multibagger stock. i feel corn business is going to be its bumper cash generating machine. i feel it will touch levels like 4000-5000 in 2 years time if one can wait patiently. thats what makes it a wealth generator and a true solid investment grade stock. 180-200 kind of dividends are definitely possible and one can expect good dividend from this stock. but depends as the cash position and finance position across the corporates are cautious....so dividends may not actually happen. but its possible for this company to give 180-300 dividend if it wishes. well....lets wait and watch. coming to BT cotton its no.1 and its a debt free company. a beautiful business model and a solid management. it needs to increase the float and then trading volumes will pick up.
as of now its a buy for long term.

swamy.
...

In reply to:

Buy this one an ideal candidate to generate wealth

Posted by : ash...!!

dude every one`s is watching ... hmm...!!
please be patient enough for market to satbilize ... there is no doubt about the compies future endouvers... its a great company to have in a portfolio but my view is big bang will happen once company increases its market cap. by issuing bonus shares... there are few shares floating in the market as f now hence no volume in this counter on intra day basis..thts pure technical kind f thg..
fundamentals r good and company is betting big on corn .. !!

whats ur take on monsanto ... yu can share ur views.
regards!!

22 Nov 2008 22:52

Good Support at 37

Chambal Fert

Posted by : santhosho
Price when posted : BSE: Rs 31.90 ( 0.47 % ), NSE: Rs. 31.90 ( 0.79 % )
View full thread (29 messages)

Tracked by: 0 Boarder

ANY WAY FOOLS CAN BE FOOLS FOR LIFETIME.....NO ONE CAN CHANGE THEM....DONT BELIEVE PEOPLE COMES IN POST MESSAGES IN `GHOSTS` NAME....HAD ANYONE CHECKED THE FII HOLDING IN CHAMBAL AND NFCL....ITS LESS THAN 5% NOW....WHICH COMBINED WIHT SOME SHORTS AND MARKET SLIPS CAN PRODUCE ANOTHER 10%DOWN FROM THE PRESENT RATE..PECISELY 27/- WOULD BE THE LAST BOTTOM FOR CHAMBAL...NFCL..FIIs HOLDING IS LOW...SO MAX BOTTOM WOULD BE AROUND 12-13...NOT BELOW.. THAT...CURRENT CRISIS IS LACK OF OPERATORS IN THESE COUNTERS....BUT REMEMBER A VERY SMALL POSITIVE NEWS WILL TRIGGER THESE TWO WITH 15-20% GAIN A DAY...
STAY INVESTED AT SIPS....THATS THE BEST SOLUTION....
Cheers.....
SANTHOSH....??...

In reply to:

Good Support at 37

Posted by : shubhrasankar

Your last 3 lines prove that you are really a very very extraordinary fundamental and technical expert in this stock market. You should be the combined chief editor of all business channels including CNBC. Cheers and Best of Luck.

22 Nov 2008 22:38

Buy Nitta Gelatine

Nitta Gelatin

Posted by : KintuParantu
Price when posted : BSE: Rs 42.45 ( 5.20 % )
View full thread (2 messages)

Tracked by: 0 Boarder

Nitta Gelatine with majority stake of Nitta, Japan is available at a good price. Healthy EPS, High BV, Zero Debt status and products are recession proof with application in food processing, pharma capsule, animal feed. Company is a net exporter. Weak Rupee will be bonanza. Good dividend expected if not good capital appreciation in this current market sentiments. Nitta Gelatine is a good buy for longterm investors....

22 Nov 2008 22:27

Scary Movies of Europe. Read on...

Reliance

Posted by : pyaretaj
Price when posted : BSE: Rs 1127.35 ( 6.49 % ), NSE: Rs. 1124.35 ( 6.47 % )
View full thread (2 messages)

Tracked by: 0 Boarder

In Germany, Chancellor Angela Merkel said she expected the first few months of next year to bear more bad news for Europe`s largest economy, which is now in recession.

Merkel told Welt am Sonntag newspaper that economic development in Germany, Europe and the rest of the world was hard to predict but ...

22 Nov 2008 21:49

Corporate India magazine recommends BUY

ICSA

Posted by : sandyp
Price when posted : BSE: Rs 174.90 ( 2.79 % ), NSE: Rs. 173.75 ( 2.12 % )
View full thread (6 messages)

Tracked by: 0 Boarder

Buy at declines.. WHAT a remarkable change? U r saying from 300 BUY BUY BUY.... & Now u r saying Buy at declines. If u have to earn much by protecting ur CAPITAL U must BUY BELOW 100 ONLY & not by decling at every stage. INVEST EITH A PERIOD OF ATLEAST 10 years........ to be a MILLIONERS..........

In reply to:

Corporate India magazine recommends BUY

Posted by : reliabull

Buy at declines.. that`s what the report said.

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