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prashantmohta
Senior Member
Joined: 23/Jul/2006
Location: India
Online Status: Offline
Posts: 1074
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   Posted: 11/Jun/2010 at 6:12pm |
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Manishji the way all paint companies are expanding it is definately going to trade at much more high pe.
It's in economc times yesterday.
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hkumar
Senior Member
Joined: 15/Jan/2007
Online Status: Offline
Posts: 160
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Posted: 11/Jun/2010 at 7:54pm |
Originally posted by manish_okhade
Volume is up today by 22K+, It used to be very less before. Dont know, some MF/FII buying might have happened recently.
Its still cheap by any financial metrics compared to peers. |
Manish, the above are BSE volumes, on NSE volumes were 685,625 (one of the highest I have seen on this stock in recent past). source ICICI direct.com
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manish_okhade
Senior Member
Joined: 20/Oct/2008
Location: India
Online Status: Offline
Posts: 1997
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Posted: 11/Jun/2010 at 7:56pm |
Originally posted by hkumar
Originally posted by manish_okhade
Volume is up today by 22K+, It used to be very less before. Dont know, some MF/FII buying might have happened recently.
Its still cheap by any financial metrics compared to peers. |
Manish, the above are BSE volumes, on NSE volumes were 685,625 (one of the highest I have seen on this stock in recent past). source ICICI direct.com |
WOW! Must be some MF/FII bulk buy. Retail volume all of sudden in so huge is very unlikely.
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manish_okhade
Senior Member
Joined: 20/Oct/2008
Location: India
Online Status: Offline
Posts: 1997
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Posted: 14/Jun/2010 at 12:37pm |
Today ET published the interview of CEO of Akzo Noble and he penned out good plans for India story. Cash would be utilized for acquisistions in industrial paint segment and he is bullish for India mkt.
It looks days of lousy mgmt is over and new mgmt is definitly acting, its well evident now in the share price of the stock!
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atulbull
Senior Member
Joined: 17/Jan/2008
Location: India
Online Status: Offline
Posts: 642
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Posted: 15/Jun/2010 at 12:46pm |
Originally posted by manish_okhade
WOW! Must be some MF/FII bulk buy. Retail volume all of sudden in so huge is very unlikely. |
manishji SBI mutual fund has been buying. | NSE |
11-Jun-2010 |
Akzo Nobel |
Sbi Mutual Fund A/c Mglf - 021 |
Buy |
250000 |
659.99 |
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| NSE |
11-Jun-2010 |
Akzo Nobel |
Sbi Mutual Fund Scheme - Mtgs- 93-
018 |
Buy |
368400 |
659.99 |
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Price is what you pay.Value is what you get.
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manish_okhade
Senior Member
Joined: 20/Oct/2008
Location: India
Online Status: Offline
Posts: 1997
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Posted: 15/Jun/2010 at 12:52pm |
Hi Atul,
Thanks for info.
I was reading your tagline and now started beleiving it more feverishly. When i posted this thread at that time whatever is happening now was anticipated and market have neglected it, now it seems value is catching up. Such examples reinforces the value tenet based beleif system.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 15/Jun/2010 at 12:56pm |
Originally posted by atulbull
SBI mutual fund has been buying.
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Many Fund Managers are known to surf TED anonymously late in the night.
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manish_okhade
Senior Member
Joined: 20/Oct/2008
Location: India
Online Status: Offline
Posts: 1997
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Posted: 15/Jun/2010 at 1:34pm |
Originally posted by kulman
Originally posted by atulbull
SBI mutual fund has been buying.
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Many Fund Managers are known to surf TED anonymously late in the night.
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Kya baat hain Kulmanji  
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