2010-11-09

vidash28 : coal india.should we hold or book profit.which is the right price to accumulate the stock.

Ramesh Damani : i did some trading in it..but around current prices Rs 325 it makes sense to go long

pawanca_2000 : I am a CA and a g8 fan of yours, learnt a lot from u, recently read Beating the street, any good book .... Sir, What is yr view about management quality of MIRC,

Ramesh Damani : of permanent value...on buffett is good

amhussain : Hello Sir,U had given Geometric as a Diwali buy?can it be a doubler like kale in next 1 yr?Out of the two Geometric and spicejet? which one do u prefer more?tq

Ramesh Damani : i like both..both have different profiles...

hetvi1902 : Sir ur follower from torontois it everest industries or mount everest mineral you have been aways talking.how are both for long term investmentplease reply sir

Ramesh Damani : yes they are...not core but long term

chirag05101979 : Dear Sir, Please give your views on MPS ltd. Thanks

Ramesh Damani : comapnay has not been able to get its act together..very disappointing

hzsph : COAL INDIA IPO.Hats off to u. Superb analysis. u almost insisted chatters to go for the IPO. No word is sufficient to praise your good gesture to small investors/chatters. Thanks a ton.

Ramesh Damani : sometimes you get a trade for free...money for jam.it seemed like that to me..glad people could make money

GEEKAY : Dear Mr. Ramesh Can v enter Delta Corpn at current Price??? Tks

Ramesh Damani : seems too expensive to me

math07 : Sir, you were bullish on Tata motors, Is any change in your views after the reuslts?? Is it still buy at CMP for one years perspective??

Ramesh Damani : have not seem the results yet

sameergogri : Sir, while buying either US equities or US ETFs with a long term horizon, how can small investors like us hedge against the currency risk?

Ramesh Damani : that is a bit complicated...you can use forex market as an obvious way to edge

kanupriyaa : Dear Sir, Gold has crossed the mark of 1400$, so has it become very strong and will we see a linear rally in gold from hereon? OR WILL GOLD TOO BE VERY VOLATILE LIKE THE OTHER COMMODITIES?? What does your technical indicators show for GOLD?? Is it not giving indications of its strength?? Or is it showing signs of volatility? Do guide us. Thanks.

Ramesh Damani : gold looks like it is headed higher

savitavjain : sir, kindly share your views on AGRO TECH FOODS,its underperforming FMCG sector?

Ramesh Damani : on a m-cap basis it is cheap...keep holding..

prashanthpp7 : Sir. we made good money on CIL listing day..What is u r view on FPO of Powergrid?Should we apply for it?

Ramesh Damani : not as good as CIL...much less money to be made

sudhakajaria : Sir, CONGRATS!!!!!!!!!Good buying DID emerge in Coal India post listing. Now do u see markets making new highs, VERY SOON ? As you have been seeing markets very clearly, so what next after this listing.?? Do u see markets consolidating?? Or do u see markets in a tight range flirting and testing and teasing old highs again and again for some tme?? Will FII and other institutions be attracted to buy other equities , AT CMP AS WELL?? If YES, then do u see their buying interest in HUL ad Tata Motors?? Has HUL given a clear breakout??Can we enter at CMP in HUL? Sir, we chatters are in markets because we ADMIRE you for your sharing nature and we just trust your views as we are your followers since rediff days.

Ramesh Damani : if hul stays over 315 it would be a very bullish sign...that means a 10 year break out...i would watch it closely

jkbond : Sir, in your investment philosophy do you book profits in stocks when you see that its over valued in the short term or do you hold it if its a winner/multi-bagger for you!!

Ramesh Damani : i am a reluctant seller of my core holdings..

kajam_1120 : Sir, Hyderabad Ind- Have your view changed post Q2 results. Thanks

Ramesh Damani : results were poor....bit confused about the co

prashanthpp7 : Dear sir, In last chat u said u have con call with Banco managment. What was the out come of it, sir?can we hold?When they are expecting the returns from cement business?

Ramesh Damani : my sense is that the co will do well..cement profits are still 2 years away

ramesh_dara : Good evening your view on textile sector. which stock you would like to bet on textile sector...

Ramesh Damani : arvind among the larger caps...will be a trading idea...

melcy_456642 : SKS MICROFINANCE FROM ONE YEARS PERSPECTIVE

Ramesh Damani : somehow i am not impressed by the business model of SKS..i am avoiding it for now

amhussain : Sir u told that 310 level on HINDUSTAN UNILEVER is level to watch out today it closed at alltime high of 320 so can these be considered as a breakout?can we add more?tq

Ramesh Damani : it looks like a break out it tested, corrected and is now retesting.it should not break recent lows now

bvittal : Dear Damani: The theme for next year will be yields as said by you CNBC? What do you like, Castrol? Please suggest

Ramesh Damani : yield would be great in america..in india it will be growth with cash flow

bvittal : Dear Damani: How do you like Persistent Systems as a play on cloud computing? ANy others on your mind? Please suggest

Ramesh Damani : i would keep an eye out on persistent..high quality co...also with Ramadorai incharge in Tata elxsi i would expect a turnaround there

goolibasava : Hi Ramesh, could you give me your views on ifci? What are the long term prospects? Can it become a retail play a la icici, idbi, uti etc

Ramesh Damani : it will probably be taken over in the next six months..another tender in the offing

vivek782 : M.r.DAMani, What is your view on RCOM.I have been holding this stock for a long time.THe debt stands at a staggering 30000 crs, and ADAG has been finding a suitor for 26 % since long. No takers yet. Your opinion

Ramesh Damani : yes the stock and the group have been struggling..but no insights about them

bvittal : Dear Damani: You said on CNBC the the currnet leaders will continue to lead the bull run. With that in mind, can we buy CMC and Titan at these prices? Thanks in advance

Ramesh Damani : titan is not cheap..wait for a major correction...cmc is not leading but is posied to do well

avi_bhat : Real State should do well in India over the long term. Is Godrej Properties still looking good at these levels sir?

Ramesh Damani : yes

maneramesh : Dear Sir, during recession jim rogers said if u wanted to be rich in 20th century you should have bought stocks and if u want to be rich in 21st century you should become farmer. Jain irrigation doing GREAT job of farming and food-processing. Knowing great food shortage in future is there chance of 8800 crore jain irrigation becoming giant over decades or do u consider it technically risky as 55% hold by FIIs and PE of 35?

Ramesh Damani : sorry but do not have any great insights in this co

ankitm86 : Sir, how did u read the results of Godrej Industries ?

Ramesh Damani : plodding along..but undelying assets will be very powerful over time, for ex stake in Godrej Hershey and Godrej Tyson

minkyg : Sir, I was just looking at intraday chart of Sundaram Finance somebody did a block deal on NSE of 1.88 lac shares at 665. Sir where to see who bought and who sold.

Ramesh Damani : if any discolsure is made check the nSE site only

appabappa : Dear mentor can we buy NATCO PHARMA LTD, from current rate for long term Please tell us Thanks you sir.

Ramesh Damani : i am still holding not buying

sudz_123 : Good Afternoon Sir. Welcome and Thanx again for ending our week long wait. U make us long for this chat every Tuesday. Must say, you have some Magic. Keep it going, Sir. Today, DO ANSWER ONE QUESTION FOR US. DO ANSWER, PLEASE. Sir, do u see the Sensex TEASING THE OLD HIGHS AGAIN AND AGAIN FOR SOMETIME OR DO U SEE IT IN A CONSOLIDATION PHASE?? DO share with us, what does your most trusted insight see from hereon, after THE BIG POST LISTING OF COAL INDIA IPO??PLEASE DO ANSWER THIS ONE QUESTION. THANKS.

Ramesh Damani : market will test its old highs, that seems like good odds.undertome remains bullish

dilipbava : Sirji! is TRF is a good bet for next railway budget? stock is falling constantly, pl. guide us. thanx a lot.

Ramesh Damani : TRF had some accounting issues..that may account for the weakness

mycallview : Venky india has shown 70 % growth in Q2FY11 and HY11EPS is 45 which is 100 % more than previous year. How do you rate the stock as CMP of 845.

Ramesh Damani : keep an eye on corn prices (raw materials) which are high..and if mgmt tries to buy more sporting assets..other wise it is quite attractive

GEEKAY : Dear Ramesh, How are YOU? I have bought Jet air at 1000 longtime back. Shd i book at 900 level or shd i hold for some time? thanks

Ramesh Damani : globally airlines are on a roll..since u have seen great pain it is wiser to wait for gains

amhussain : Sir in water mgmt space which companies do u like and do u think that is going to be next big thing in say other 5yrs.tq

Ramesh Damani : not too many choices in the area...globally in us look at Nalco chemicals. in singapore at hyflux

aakashagra : SIR, WHEN STOCKS MAKE LIFE TIME HIGHS, WHAT DOES IT INDICATE? SHOULD WE BOOK PROFITS? OR SHOULD WE BUY THEM AT CMP? . We mean for Tata Motors and GOLD. They are at life time highs. Can we buy both at cmp, fresh , as we have not bought earlier at all? Or will we burn our fingers? BE KIND TODAY, SIR PLEASE AS ALWAYS, and guide us well on this. Thanks.

Ramesh Damani : ni reason to sell at life time highs, generally it is a bullish signs

manyakla : sir, wish you happy diwali. machiplastic- auto component maker part ownd by maruti suzuki. sales 140 crore market cap 46 crore with divi of rs 2. how do you find this how do you see this as multi bagger

Ramesh Damani : not studied it but the numbers seem attractive