Joined: 29/May/2007
Location: India
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Posted: 18/Mar/2008 at 10:38am
Ramesh Damani few months back hinted at HPCL as a good contrarian buy in many of his chats .HPCL /BPCL are great companies but are being killed due to government policies but there is a thought that with recession looming over in America it will lead to Oil prices coming down .
Any takers for HPCL as a Contrarian Buy ?
To achieve satisfactory investment results is easier than most people realize ; to achieve superior results is harder than it looks .
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Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 26/Aug/2008 at 10:47am
the time has come for the Govt. to get these two companies delisted from the public. They have been the biggest suckers and it appears that for the shareholders of these stocks the bull market never came.
I am sure that when markets fall again people will pitch for these stocks but that is not how money will be made. A stock that goes nowhere when the sensex goes up 5 times is awful and each year we have new 'experts' recommending it to their investors!
Edited by basant - 26/Aug/2008 at 10:47am
'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
Joined: 01/Jan/2006
Location: India
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Posts: 18403
Posted: 26/Aug/2008 at 11:52am
So he joins the fray after Shankar Sharma and RD...
'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
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