chints : Sir, I want to ask u one question. Do u believe mark mobius as your inspire person? i asked u once that do u have any idea for honda siel power products you said no idea, but sir franklin templeton made good investment in that. so have u look it?
Ramesh S Damani : Hello every one thanks for joining. lets start. You are right I have not seen the stock fundas yet
sanujkadavl : sir, what's your call on encore software. i think you have some holdings in encore. but nowadays we are not hearing any news on simputer. do you think encore story would emerge in future, or expecting anything special from the company, would you recommend encore for patient and value investors
Ramesh S Damani : i think the stock is not ready yet. It needs to come out of a hole. i own it
Anjana : Hello Sir, I am regularly tracing ur views and advice. Pl. advice on PolyPlex Corporation & Mah. Scooter? What about the correction in market, sir?
Ramesh S Damani : No one can judge correction on a timing basis. Both the companies are doing well
SUDHIR : Sir do u think tata honey has the potential to reach 1000 in the next 1 year
Ramesh S Damani : i try not to set target prices; company looks good
makhijasuresh : hello damaniji, what's u r views on biocon now they r doing a pretty good things and u said u will tell after some quarters. now what's u r view?
Ramesh S Damani : i think my analyst friends say after Q1 in FY06 things will look up
kumarvav : Mr. Ramesh market has reached new high today since January. Whether it will continue so long as FIIs pumping money or profit booking will be done on higher rate?
Ramesh S Damani : that is the call
INFYboy : Sir, good evening. PLEASE answer this question: What is the relation between Arvind Products & Mills ? Can we expect a multi bagger from Products?
Ramesh S Damani : same mgmt. I am bullish on Arvind prod due to textile exports
meetamangal : Sir, your views on textiles. The Quota system is about to abolish, but saw an article, that India is not prepared to take the benefit and china will upbeat India. If it is so, then shud we retain Century Textiles and Raymond.
Ramesh S Damani : china will win, but enough is left for India. Also strong yuan would hurt Chinese exports
chints : sir what's ur sense about markets from here? i sold my portfolio today of jl morrison godfrey phillip matsushita lakhanpal and ntpc. is that good idea from your point of view?
Ramesh S Damani : my sense is that we should remain invested
jk : Dear Rameshji, I must compliment you. You are simply a genius!!! I bought Nucleus and Balmer Lawrie as per your advice and I am seeing the result for myself!! I doubted abt ur call on VSNL and am repenting. Do you think I can enter VSNL at 225 levels, with 1 year time frame in mind?
Ramesh S Damani : Sometimes you get lucky.Investing is a game of patience. I think VSNL would be good for patient investors
rajeshh : Sir, out of mcdowell, ub, and ub holding, which is your favorite. My holding in breweries increased from 15 to 30%, what do you advice now shall i reduce my holdings or should hold on.
Ramesh S Damani : my favourite is making money. Investors should own 2 out of 3 to complete portfolio
ChennaiInvestor : Hello sir, Thank a lot for all your picks, God may bless your family! Can we expect a correction now sir, as the market reached all time high? Any ideas at this point
Ramesh S Damani : My sense is remain invested
chints : sir thank you for your reply sir i have heard that u have made stake in vst industries so tell me some idea bt that company please thank you
Ramesh S Damani : Rs 300 crore for BAT subsidiary. Need i say more
vikas3 : Balmer Lawrie : I saw the financials , doesn't look very exciting . Is it future performance and divestment which made you think about this co. please advise as some are expecting it to go very high
Ramesh S Damani : look at the consolidated numbers
chengise : ramesh - BALMER LAWRIE - seems results could be quite interesting, what dividend are you expecting
Ramesh S Damani : Rs 5 plus
Sharad B : Sir Today on CNBC one of the expert was suggesting to exit from big shares like HDFC HERO HINDALCO and enter in to MID-CAP...but as per my exp. actually it should be the other way round. Sir Your Opinion?
Ramesh S Damani : i agree. However, i prefer to buy good cos and not worry if they are large caps or small caps
AnandBBhatt : Sir,I have not been following Nuclues software. Can one make a fresh investment at the current price? Thanks.
Ramesh S Damani : The outlook is promising or this co. it reminds me of Geometric a few years back.
chengise : Ramesh- MOUNT Shivalik - will their tie up with Cobra Beer make any difference
Ramesh S Damani : it should
Tangox : Mr Damani do u think any of ur picks still have some steam left. Can one get into Lawrie, Arvind prod, Geometric, Sundaram finance, etc even now? or shud one hold on for a correction n then enter?
Ramesh S Damani : my sense is that you should remain invested. You have to pick where you are comfortable
Sharad B : : With today's movements do you think that we the small investors, having made investments at very low level, can start the process of booking at least 20-30% profit? but sir this time index at same level 6250 & I do not feel like asking you the same Question again. though I would certainly like to know your advise for a small investor like us. When should (at what level ) we should start our EXIT process?
Ramesh S Damani : if we are in a bull market, as it seems we are, it has still a way to go
Michelle1 : is there anything with swaraj engines, which is in distribution, in spite of good fundamentals?
Ramesh S Damani : nothing that i know of
Sharad B : , Sir, I am having exposure in 2 real nice stocks, which has given me nice and steady return over the years. i.e. HDFC &
HDFC Bank at current valuation I would like to know ur take on these two shares?
Ramesh S Damani : i would hold on
makhijasuresh : sir ji plzz reply sir what r u views on ind swift lab. u remember that i ask u abt this company 7 to 8 months before that what to do with tis company as they r going in contract manufacturing and contract research in a big was and they have lots of other plans like USFDA approved plants and special focus on r&d. then u said u have to look for manaegment but as u said that develop u r own conviction i bought thuis share at@ 45 rs thanx for u r suggestions now plzz u tell me whether to book profit in this share or to still hold this thanx
Ramesh S Damani : unfortunately i have not followed it. Good luck on your pick
rajeshh : Pl give yr comments on Tata Investment, is it comparable stocks like Sundaram Finance, UB holding, Godrej. What is yr view on it.
Ramesh S Damani : it is safe but has no operating business
Tangox : What are the prospects for Sundaram Finance. Even in this active bull market it hardly seems to have shifted. do u still have faith in this one. Is it gonna be like a liquor share which sleeps for ages but then really moves when it gets up?
Ramesh S Damani : i remain bullish.
bniralay : Damaniji - Read the book The Millionaire Code, it's good! Speaking of which your opinion on Kalyani Brakes, Bajaj Tempo and Igarishi Motors - Your Ardent fan (One who considers you as the Mumbai's Warren Buffet)
Ramesh S Damani : i will. Kalyani and CJ look good. I own them. Bajaj should be doing well. Warren Buffett has no comparison.
vikas3 : Balmer Lawrie : It is almost at its 52 high when u are recommending it. Is it u got late in picking up or real story will unfold now
Ramesh S Damani : you figure that one out
Ashwin : Hello Ramesh! Is the UB City Project on schedule? Isn't the company UB Holdings still containing deep value due to good growth potential of Aventis, holding in liquor and breweries and the annual Rs. 20 cr. expected as rentals?
Ramesh S Damani : it is they are unlocking value
sentout : SIR PLEASE - IS UB Different from UBH - I found only UBH @ 75+ ....
Ramesh S Damani : yes. ub beer makes beer, ub holding has different interest
bniralay : Strategy: One strategy would be to go for value picks in the current scenario. Your one value pick for the next 1 year besides Godrej Industries and VSNL ?
Ramesh S Damani : maybe balmer lawrie
jk : Sir, can you tell me if nahar exports is a good buy at the present levels? And, in the banking sector is OBC a good buy?
Ramesh S Damani : Don't follow it
AnandBBhatt : Sir, BEL just declared a Rs.4 interim dividend. DO you have any exit levels in mind for this stock? Uptil what price do you think you will hold on?
Ramesh S Damani : i can't figure it out. So far I am holding
chengise : Ramesh- are you buying the Indian cricket team, seems they are doing well in Calcutta
Ramesh S Damani : they always flatter to deceive
alamu : I am having exposure in ITC, Brittania, Colgate, HLL,and Monsanto, crisil. What should be my strategy?
Ramesh S Damani : safe and steady
BASANTMAHESHWARI : Retail seems to be attracting a lot of interest. Are you still invested in Trent or have you booked out. Your call from here if any?
Ramesh S Damani : still hold trent in small qty. You made a great call. Congrats
Rakesh : How is Linc Pen & Rama Newsprint Doing.
Ramesh S Damani : booking profits in linc pen
sanujkadavl : sir ,richard branson is making lots of news. he is keen on Indian aviation and looks investment in indian airliner, do you think branson would consider kingfisher as good choice. mallya would also consider this. becoz he is not liking a threat from branson. mallya-branson venture will be interesting, they might rule the indian skies. branson is very serious on business. who knows about the future
Ramesh S Damani : this is a great idea. I did not think about it. There would be synergies.
vikas3 : Tata Elxsi : Is it taking a breather before making next move at time of q3 result. Looks good stock to hold on
Ramesh S Damani : yes
Sharad B : Sir, Your Views about a little known company called Deccan Goldmines (with recent tie up with De Beers.. and current price of 15-16 it looks like a real nice investment idea..Sir your views?
Ramesh S Damani : Not really much
makhijasuresh : sir plaese send me u r email
Ramesh S Damani : Suresh, I cant respond individually, so please forgive me
nivatitha : which car do you use?
Ramesh S Damani : [which toothpaste do you use?] Guys let me have a personal life
BASANTMAHESHWARI : Thanks Sir. Have you read a book called Conquer the Crash? It will send nerves down your spine on the US economy. Marc Faber recommended this book and I have really been stumped by the data that it contains.
Ramesh S Damani : no, where did you read it?
sentout : Why had u mentioned that Tata tele is risky?
Ramesh S Damani : large equity and carry forward losses
sanujkadavl : sir, how is adani exports? trading in very good volume, but no movement on prices. i think its good stock consolidating at 60 levels. whether they have any stake in adani port, adani wilmar and their retail arm.are you tracking the stock. company has huge turnover, do you think its good proxy for India's strong export story
Ramesh S Damani : be careful with this co
BASANTMAHESHWARI : Is Venky's (heard you are bullish on it) a retail outlet story or does it only make and sell processed chicken generally. An acqauintance of mine who stays in the US has also been quite bullish on this stock. Any place where one can find more details on this company?
Ramesh S Damani : i am recommending it. It makes great sense at this price. thanks all for joining. see you next week, bye.
