Joined: 10/Oct/2009
Location: India
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Posts: 7
Posted: 06/Dec/2010 at 9:45am
Hi TED Members , We all seem to agree that consumer oriented stocks will do well in India. Has anybody looked at Gillette India seriously? I am a a very satisfied and loyal user of Gillette Products . I feel this is a company with a durable competitive edge . What are your thougts?
Joined: 15/Jul/2010
Location: India
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Posts: 139
Posted: 07/Dec/2010 at 12:24pm
Originally posted by Stockpicker
Hi TED Members , We all seem to agree that consumer oriented stocks will do well in India. Has anybody looked at Gillette India seriously? I am a a very satisfied and loyal user of Gillette Products . I feel this is a company with a durable competitive edge . What are your thougts?
It is a certainly a good stock but not at current prices...????
Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 07/Dec/2010 at 5:56am
Avoid.
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Joined: 27/Nov/2007
Location: India
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Posts: 193
Posted: 08/Dec/2010 at 6:13pm
Few stocks that should be generally avoided are those in which there is huge amount of operator activities.
In the last few days for unknown reason (but for good) CBI has unearthed the names of big operators who were rigging up the stock prices by circular trading and media (of course for their own benefit) has accelerated the problems by attaching a word -"SCAM". Too much dilution of the word SCAM.
So be sure that we dont have stocks of the operators ... or even in the overall bull market we will loose big time.
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