Messages

  

 

SKS MICRO SKS ...... looks like there is no case for investment buying in SKS micro ...... IPO close to 1000 it was cool con act perpetrated by the co alongwith support from brokerages .... sad part is that ICON like NRN was a mute spectator ......... just trade the stock ... dont bring it home .... we dont know what more will come out ........

MFI problem ...... pl read this carefully .... and think over ....... if banks were sucked into lending to MFIs .... thousands of crores - naturally because they got a better return - DO U THINK OTHER NBFC's WILL BE FAR BEHIND ?????????????? i dont rule out even the housing finance getting into this - in a round about way because of their charter - MFI sector. i think RBI needs to order thorough investigation of all loan books ..... i think something big is waiting to come out .......

SWITCH - BHARTI > COAL INDIA madhav ranade (11/19/2010 2:39:25 PM): anyone holding BHARTI ..... switch to COAL INDIA ....... better fundamentals / visibility / investor fancy ...... dont miss .... u hv nothing to lose .... apart from some emotions that may be attached to bhartiben ...... mandar kashikar (11/19/2010 2:41:03 PM): but sir Bharti looks technically sound.. madhav ranade (11/19/2010 2:43:30 PM): did i mention technically anything ...... and technicals are of no use when fundamentals falter ....... when addl money wl hv to be paid for addl spectrum that bharti is enjoying .... technicals wl go for a toss and price wl be below 300 ...... in half an hour ......

tata motors ...... global sales figures are out .... YOY wl obviously look good ..... but they mean nothing as fundhouses hv already extrapolated results while giving targets ..... it is MOM where if u find a variance .... qonq results wl show the difference ..... MOM figures are DOWN by about 8/10 percent ... not only that jaguar is down by whopping 28/30 % .... landrover is up by 7/8 % ...... product mix is not favourable since jaguar is the money spinner ...... with these figures stock has to move down ...... towards 1200/1220 ..... Q2 figures were only as good as Q1 ... sales numberwise ...... we will see the effect today .......

tata motors ....... gave a low of 1198 ...... no one else .... absolutely no one else wud hv given u this call on tata motors ....... i said u wl get entry at 7 to 10 % below 1340 price prevailing after the results ...... i had also told u why ..... bang on target ..... cheers .......

good morning ! we shud open strong around 6290/95 levels on the back of strong move in tata motors in US markets ...... 1500 rate is on the cards for tata motors ...... i was the first one to talk about 150 eps for march 11 .... but my approach is different ... in the current fluid situation ... i am not willing to extrapoa=late and start building posns now ...... there is already a report about a auto sales slow down in oct in UK ... which is a major / home market for JLR ...... so pl decide u r with me or .......

TATA MOTORS .... as expected YOY nos are good .... but what about Q on Q .... ?????? qoq is just about flat ...... when there is quantum jump in earnings ... we hv to look at qoq and forget yoy. we hv additional pat of about 250 crores over june qtr out of which 160 crores is accounted for currency excange difference. ...... that means actual at core operations level ... the profit is up by about 90 odd crores. which is marginal and nothing to ga-ga over it. i had projected 150 + eps for march 2010 and we r inline with that estimation ...... and we r also inline with the projection of price around 1500 if eps of 150 is delivered ....... to be contd ....

TATA MOTORS .... contd .... indian operations are not adding much meat to eps now .... infact it is a DRAG ....... so now we shud not look at INDIA growth story while looking at tata motors as a stock. when the world economy is so uncertain ... and the results are so highly leveraged towards JLR sales nos ---- 10 % cut wl result into 35 % dip in profits ---- i will like to see atleast the sales figures on the table before taking a call on next 6 months earnings etc ....... udayan was referring to analysts not understanding JLR business etc ... may be he was referring to excel sheet analyst breed - who really dont understand any business for that matter. we must believe our gut feeling and refuse to pay top money on the table till u see performance ...... to be contd .....

TATA MOTORS ..... contd in such a fluid situation ..... 8 to 10 times projected year end eps is max what anyone shud pay and we MUST repeat MUST refrain from giving usual P/E multiple at any stage ...... PIIGS hv not improved and infact ireland is causing enormous problems to EU .... i will say that when the euphoria is over the stock may correct 5to 10 % which can be a good short term entry point ...... in the meanwhile wait for 15th when tata motors announces its global sales figures as these r far more important than montly domestic figures ...... hold on to your bear ratio spread .... u may hv a windfall gain on hands if JLR nos r not so good for october .......

VISHAL VYAS: i am little bit confused for your view on tatamotors.. u r bullish from these levels or bearish ?? Last message received on 11/10 at 11:47 AM madhav ranade: i am cautious ..... i am saying ... 150 eps is expected .... but not guaranteed ... so take qtr by qtr ... dont extrapolate and jump the gun ....... the market will correct from time to time and u wl get better entry points ....... in the ultra short term ... i am bearish ... since i am expecting stock to correct from these levels ..... see it has come to 1312 .... as i am typing ......