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suresh_esg  
Joined on : 22nd-May-2004
Belongs to :  Gold
Posted : 351 messages
Hits : 109

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Management & Investment consultant for MNCs in India and Abroad.Have interests in India, Hongkong, China, Korea, Australia and US stock markets.
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Was it written anywhere in the offer letter that Cheques will be sent for Rs.100000 and above?...
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14 Oct 2008 07:26
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A nice move. I intend to do the same but after receiving the money!...
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12 Oct 2008 09:06
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It is same for most investors!.. My portfolio is now 65% of what it used to be. I am not worried. You know why?.. I always expect the unexpected. That is to assume in advance that the shares I buy will come down.

At these times, the only thing I do is to buy selective stocks. Some of these include the ones in my folio and some are new. This will pay off in the long run.

I have recently got into Omaxe(120),Parsvanath(107),HDIL(175) and JP Associates(113). At the time of purchase I did anticipate that the prices of these stocks may come down though the fall has come a little earlier and a little more than what I expected it to be. But never mind, I would only use this opportunity to add some more of these stocks to my folio as I believe this sector will have a future in the long run.

I am writing this because most of the time investors sell off in panic at a huge price difference. Selling out of panic is not a good thing. If we believe in the stock, we should hold it and average it if necessary.

Hope there will be atleast some one getting benefit out of this.....
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11 Oct 2008 06:48
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It is hardly anybody`s guess. Those with good apetite can start buying in slowly. I feel this sector will see some more downslide. We may HDIL settling at around 50-60 levels which will be a golden opportunity to buy. I was very active buying this at 175. No regrets....
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10 Oct 2008 06:48
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It is not possible to return the shares and buy from the open market. In order to complete the take over, they must buy 20% from the investors thru open offer. At this stage, they have no other go except paying Rs736 a share even if the market price is a lot more cheap!!.. So nothing to worry. It is a matter of time before they pay money. In any case, you would get interest for the delayed payments!!...
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Cabinet nod for Daiichi`s purchase of Ranbaxy

BS Reporter / New Delhi October 3, 2008, 18:59 IST



The Cabinet okayed Daiichi Sankyo`s purchase of Ranbaxy today.


Earlier, Daiichi had agreed to accept Ranbaxy shares from the open market as well as its promoters for Rs 737 a share.

At 1.24 PM, the company`s share at the Bombay Stock Exchange was trading at Rs 269, up nearly 7 per cent from the previous close.

...
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Expect some more downfall in this stock. ...
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