Author |
Message |
India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
|
 Posted: 10/Nov/2007 at 4:23pm |
Topic: Is Rakesh Jhunjhunwala cautious or bearish? Posted: Yesterday at 11:15pm By prosperity |
Is Rakesh Jhunjhunwala cautious or bearish?
----------------------------------
I don't care - and why should you also care ? |
We should not care about all these things ... it is those people who did not ride the bus creating bearish or bullish environments..
Regardless of social,political,economical crisis or problems, I always look at the company in which I am invested and whether it is showing the growth in the sales, profits etc.. as I have anticipated...it only makes me bearish or bullish in the stock irrespective of the index levels in the market..
|
India_Bull forever Bull !
www.kapilcomedynights.com
|
IP Logged |
|
|
 |
|
prosperity
Senior Member
Joined: 01/Sep/2006
Location: India
Online Status: Offline
Posts: 546
|
 Posted: 10/Nov/2007 at 4:25pm |
Perfectly said !
|
IP Logged |
|
|
India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
|
 Posted: 10/Nov/2007 at 4:42pm |
As a market observer, I noticed three thing recently..
1. Market crash when SEBI announced the curb on FIIs.. (without adequate details which was made when market had to shut down )--This seems to me a deliberate and planned move by some.
2. Huge Rise and fall of Reliance grp shares (including RPL,RNRL)
3. Bullish or bearish statements from the experts in the media depening on their positions in the market...
|
India_Bull forever Bull !
www.kapilcomedynights.com
|
IP Logged |
|
|
India_Bull
Senior Member
Joined: 19/Sep/2006
Location: United States
Online Status: Offline
Posts: 2296
|
 Posted: 10/Nov/2007 at 5:25pm |
International stock markets are catching cold over the weakening dollar, rising oil prices and the prospect of a substantial economic slowdown in the United States. What are we supposed to do, Let’s refer to Warren Buffett’s 1997 letter to shareholders. He says, “ If you expect to be a net saver during the next five years, should you hope for a higher or lower stock market during that period? Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. Prospective purchasers should much prefer sinking prices.”
|
India_Bull forever Bull !
www.kapilcomedynights.com
|
IP Logged |
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
 Posted: 10/Nov/2007 at 6:12pm |
Originally posted by India_Bull
As a market observer, I noticed three thing recently..
1. Market crash when SEBI announced the curb on FIIs.. (without adequate details which was made when market had to shut down )--This seems to me a deliberate and planned move by some.
2. Huge Rise and fall of Reliance grp shares (including RPL,RNRL)
3. Bullish or bearish statements from the experts in the media depening on their positions in the market...
|
It is quite normal and natural to think that something as being forced upon the regulations in the way the entire P-Note scare came up.
I had mentioned about the market grapewine discussing the meeting that RJ,RD,Radhakishan Damani, Kela, Nimesh Shah had with Marathon Ambani just when the Reliance group shares were sent through the roof.
Post that meeting it is rumoured that RJ went short on RNRL and the elder RPL and many suggest that he was badly trapped at Rs 60 and Rs 120 respectively and the recent blow off had been a result of the short covering.
Finally all these stories are not confirmed and have originated from the market place.
On May 24th 2007 I had inidcated about the meeting (which Devesh also suggested) here.
I was also informed about the purani dushmani between India's best investor and India's richest family but would reserve that information because it is not substantiated.
Edited by basant - 10/Nov/2007 at 6:14pm
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
IP Logged |
|
|
omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
|
 Posted: 10/Nov/2007 at 6:52pm |
Originally posted by basant
I was also informed about the purani dushmani between India's best investor and India's richest family |
That means he is on the right path...at least one commonality.
|
The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
|
IP Logged |
|
|
manishdave
Senior Member
Joined: 05/Aug/2006
Location: India
Online Status: Offline
Posts: 1371
|
 Posted: 10/Nov/2007 at 9:16pm |
Originally posted by basant
Originally posted by India_Bull
As a market observer, I noticed three thing recently..
1. Market crash when SEBI announced the curb on FIIs.. (without adequate details which was made when market had to shut down )--This seems to me a deliberate and planned move by some.
2. Huge Rise and fall of Reliance grp shares (including RPL,RNRL)
3. Bullish or bearish statements from the experts in the media depening on their positions in the market...
|
It is quite normal and natural to think that something as being forced upon the regulations in the way the entire P-Note scare came up.
I had mentioned about the market grapewine discussing the meeting that RJ,RD,Radhakishan Damani, Kela, Nimesh Shah had with Marathon Ambani just when the Reliance group shares were sent through the roof.
Post that meeting it is rumoured that RJ went short on RNRL and the elder RPL and many suggest that he was badly trapped at Rs 60 and Rs 120 respectively and the recent blow off had been a result of the short covering.
Finally all these stories are not confirmed and have originated from the market place.
On May 24th 2007 I had inidcated about the meeting (which Devesh also suggested) here.
I was also informed about the purani dushmani between India's best investor and India's richest family but would reserve that information because it is not substantiated.
|
What is agenda of that meeting if they have purani dushmani(settlement of Short?)? Why should there be dushmani btn RJ and business family? Why Junior Ambani would sugget $/Rs rate, Forex etc. Isn't that open secret?
If can not post here, can Basant or anybody PM me? I am curious.
|
IP Logged |
|
|
basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
|
 Posted: 10/Nov/2007 at 9:29pm |
MARKET RUMOUR - In 2002 some investor was funded to the extent of Rs 500 crores from one of India's business family. people speculate that the idea was to support the shares that this family was interested in which finally did not materialise and they called back their money.
The leveraged investor in bid to pay off had to sell NIIT and a host of other stocks. NIIT I think fell about 17% that day.Later SEBI initiated proceedings for market manipulationa nd the investor was let off for lack of any evidence of manipulative bear hammering.
Anil Amani also made a presentation to CLSA in September highlighting the companies under his fold. I have a copy of that presentation.
Post the presentation ADAG group shares were on fire.
Edited by basant - 10/Nov/2007 at 9:39pm
|
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
|
IP Logged |
|
|