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'Markets should establish a range'Mumbai, January 27, 2004: 'I would be surprised if selling did not come over the next few days,' says Ramesh Shrichand Damani.dc : Sir, what level of the market should one look for, when will this correction U turn & it will be time to buy again nar : what result goldiam has announced can u tell us the numbers Ramesh S Damani : Results were very good. Net profit doubled to7.5 crs. Turnover increased by 35%. I own it. HiDamani : I REMEMBER , IN ONE OF UR CHATS , U HAD MENTIONED THAT UR TARGETS FOR 2 YEARS FOR BALAJI TELEFILMS FOR 2 YEARS ARE MUCH HIGHER THAN 200...NOW THAT THIS STOCK IS FALLING LIKE ANYTHING ... U STILL FEEL THE SAME WAY FOR THIS STOCK THANKS IN ADVANCE Ramesh S Damani : Thanks for joining. Let's start. Yes, I do. I think the stock is cheap and has a bright future. Looking at one quarter is crazy. vikas2 : BALAJI TELE : Are these results already factored in and does not change your views about balaji for long term Ramesh S Damani : I think so. The company is available at five times PBT earnings. seema : sir do u think correction is over. can we bib for patni computers what is ur call on tisco and tata power hold or sell Ramesh S Damani : I think markets should establish a range. I would be surprised if selling did not come over the next few days. Admin@rediff.com : Dear Friends,Due to a worldwide attack of a virus named 'My Doom', Net connectivity has been badly affected. Try as we might, the extraordinary load on various servers is making it impossible to provide smooth connectivity. As such Mr Ramesh Damani is unable to answer your queries. We regret the inconvenience caused to you over this, but the Stock Chat for today will have to be suspended now.Mr Damani will be with us back again next Tuesday at 4.00 pm. |