2010-10-12
Ramesh Damani, Member BSE 12 Oct- 16:00hrs
happyconsultant : good afternoon sir ; any positive brk out in mirc electronics after many weeks? ; can we expect tgt of 40 by next week as the results will be out next week
Ramesh Damani : counter is looking better,,I have no such break out targets
jatin_mm : Hello Sir, Please give your views on Bilcare. Thanks
Ramesh Damani : co is trying some new counterfiat technology..however i have no great opinion on the stock
krishnarajkini : Sir, everyone talks about Gold prices shooting to 2000$/O soon adjusing to inflation. Do you believe that. This precious metal did move several thousand percentages between 1976 to 1979 the level of which was broken recently. Can we see much higher levels in coming days. What is your target.
Ramesh Damani : it certainly can hit 00 in this run..timing it is a bit hard
kumarrajesh21 : What is your recent view on Akzo Nobel
Ramesh Damani : still looks like a compounder
vickky_27 : sir do u think that pe multiple for everest can increase going forward vis a vis visaka and hyderabad or are u playing for the volume game
Ramesh Damani : multiple, when it exxpands will expand for the entire industry...people still view asbestoes share negatively
maneramesh : Dear Sir, are u admired of "sun tv network". When there competitors are burning cash this entertainment company not only generating cash but also rewarding handsomely to shareholders?????
Ramesh Damani : yess this is a stock that i have missed...
shishirkapadia : Sir, Hitachi : Do you expect the results will be subdued due to high price of copper? Are you trimming your position on this counter? Thanks
Ramesh Damani : appreciating rupee should help..boom is going on in consumer durables
VISHAL625 : SIR CAN U SUGGEST UR VIEWS ON KVB AS BIENG AT PE OF 12 NOT RERATED OR NOT GETTING INTREST OF FIIS.AND ALSO WHY IT IS NOT MOVING UP AFTER BIENG GET BONUS
Ramesh Damani : stock has been a great compounder...it will continue to do well..stock has gone x-bonus hence the tip in price
richu18 : Sir, ur target for mahindra ugine?
Ramesh Damani : no target but it is run by the Mahindra group who have delivered good results in all other co`s..sure they will soone focus on this one too
swagal : Thomas Cook: Sir is it worth investing in this one as this too qualifies domestic consumption theme. Also this one is available at half market cap that of Cox & Kings. Thanks.
Ramesh Damani : travel is going to boom..so it is a good proxy for it....
radhe01 : have u trim your position in vip,counter is very volatile should we exit totally or partially
Ramesh Damani : i had earlier recommended booking partial profits
vjain1234 : dredgcorp at lows AT 540 , lot of govt land for free, and economy needs the services, can it double anytime if govt divests more. SEE VALUE? will drop on strike
Ramesh Damani : yes it does offer value,,would also think investors should look at applying in COAL India in the retail portion
goutam_cea : die hard follower of u. should va tec be considered as portfolio stock
Ramesh Damani : i am going to take a look at it when it gets listed..looks promising
famousten : what of cmc from current levels, buy or wait
Ramesh Damani : co keeps on delivering, no dilution..looks okay to me
sameergogri : Sir, given the rich valuations that Indian equities are commanding currently, wouldnt you prefer to buy some dividend aristrocats like Exxon-Mobile, Coca-Cola, Microsoft, etc. that are available a lot cheaper than Indian companies?
Ramesh Damani : they are..but a good amt of profitable growth is in India
monikdharamshi : Chief : Your views on ATUL AUTO which is stuck ?? whereas all other AUTO companies are doing very well... any thoughts..
Ramesh Damani : stock has doubled in 6 months..!!!
maneramesh : Dear Sir, last week there was rumours that there is "cloud computing burst" which leads do huge fall in all cloud computing stocks like citrix,vmware,salesforc etc Can u share yoyr views on "cloud computing"
Ramesh Damani : those aer us listed stocks and maybe they were well value..cloud computing is here to stay and will beomce like the electricity grid..ubiquitious
riteshroseone : Dear Sir u r bullish on market & u said undertone is bullish but last 7-8 Days market undertone not looking so good What
Ramesh Damani : maarkets that go up and down in a straight line for a prolonged period are at a termination phase..a bit of zig and zag is good
amhussain : Hello Sir,Ur view on Godrej Industries seems to be stuck in 215-230 range?can we add more in this range can we accept 300 atleast in 6months?altough PE is on higher side 70 does that have anything to do?tq
Ramesh Damani : nothing new to add..the logic remains the same, as told before
dasekhar : Dear Sir Any other listed companies to watch in Rare metals....MCP has had a great run
Ramesh Damani : i wish we had one in India..Bharat Rare Earths a psu is not listed
nishant281 : Sir, the gaming division of Zen Tech will soon launch AAA rated game (SnS) in US & Europe. Given the retail price of PS3 games per copy is around 50 $ and assuming atleast 20 % royalty to Zen which comes to around 10 $. If they are able to sell a million copies do you think this can be a game changer for Zen? If the game is a hit zen could be a multibagger as it can easily get a PE of 25-30 plus good growth potential from the defence business. Sir, I would appreciate if you can share your views
Ramesh Damani : we have no basis for assuming the game is a hit...that only time will tell..gaming is a very competitive market and I would be very vary about making such predictions
sathya_1958 : Dear Mr Damani, Mr George is ssaying that there is no employment inspite of higher profit. The bull has no fundamentals as we can see from IIP numbers. Why are you irrationally exubrant ?
Ramesh Damani : look it dedends on how you look..you can justify any point of view with selective statistics..(that includes me too)...but as i have said I am bullish and not "irrationally" so
dasekhar : Dear Sir your follower from US ...Any Companies which are agriculture land holding companies in India or abroad?
Ramesh Damani : karaturi
Ramesh Damani : thanks all for joining in..see you next week..bye