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investor
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Joined: 06/Sep/2006
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Posts: 1745
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 Posted: 29/May/2007 at 3:27pm |
Real estate is one of biggest un-organized sectors in India. Very risky investing into it.
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The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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monu_duggad
Senior Member
Joined: 07/Sep/2006
Location: India
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Posts: 289
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 Posted: 29/May/2007 at 8:19pm |
But risk is worth the return........from 336 in march lows to 615..almost 80 % return for unitech...
Infact i also made a mistake...had bought unitech at 277...sold at 480 last week (i was oversmart....thought since DLf ipo is in the pipeline,operators are jacking up the prices of real estate companies to get good response for dlp ipo...and i "Sold on rally")...and trust me i felt market was waiting for me to sell..cos after that it zoomed up to 550 in 2 days :-)).....
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If you think you can,You Can
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investor
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Joined: 06/Sep/2006
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 Posted: 29/May/2007 at 9:53am |
You do have a point - i guess it all depends on the risk appetite of the induvidual investor. What i'm referring to is this - nobody, not even the biggest analysts - have a clue as to how to value land banks, etc. So how to say if a real estate stock at a particular price is cheap or overvalued?
And the other point which smartcat mentioned should also be considered - 50% margins - Is that realistic? If it was possible, wouldnt everyone from the Ambani brothers to Tata's be jumping into this sector!!
Edited by investor - 29/May/2007 at 9:53am
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The market is a place where people with money meet people with experience.
The people with experience get the money while people with money get experience!
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us121
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Joined: 03/Dec/2006
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Posts: 442
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 Posted: 22/Sep/2007 at 8:02am |
Originally posted by abrar19
Sorry but since I don't know how put a query, I am posting it here:
many brokerage houses, experts put a certain target for a certain script. ok
Now almost everybody will be ready to sell near that target price and there should be a big buyer or buyers at that time ! So are they fools or the sellers?
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REMEMBER: DIFFERENCE OF OPINION MAKES THE MARKET
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ABILITY will get u at d top. CHARACTER will retain u at d top
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prosperity
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Joined: 01/Sep/2006
Location: India
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Posts: 546
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 Posted: 23/Sep/2007 at 12:27pm |
Basantji, ALL,
I can stick to a fundamentally good stock for 4 years ... infact i have already done that before also ....
WHAT I WANT TO KNOW IS ... IS THERE A PANTALOON TODAY which would grow 80 times in next 4 years ?
The Pantaloon today which quotes at 550 would NOT give the same kind of returns .. I am searching for a similiar kind of stock which resembles what potential PANTALOON had 4 years back .... !!!!
Originally posted by basant
Ok let me start with the holding period and buying price for the major ones:
Pantaloon bought in April 2003 average buy price adjusted for rights/splits Rs 8.25
Tv18 bought in October 2003 average buy price average for warrants/rights etc Rs 165 pre-demerger that is around 10% of current adjusted price.
Other ones are just insignificant. |
Edited by prosperity - 23/Sep/2007 at 12:31pm
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Mohan
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Joined: 09/Feb/2007
Location: United States
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Posts: 1855
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 Posted: 23/Sep/2007 at 12:48pm |
Basantji, ALL,
I can stick to a fundamentally good stock for 4 years ... infact i have already done that before also ....
WHAT I WANT TO KNOW IS ... IS THERE A PANTALOON TODAY which would grow 80 times in next 4 years ?
The Pantaloon today which quotes at 550 would NOT give the same kind of returns .. I am searching for a similiar kind of stock which resembles what potential PANTALOON had 4 years back .... !!!!
------------------------------------------------------------------------------------------------- Prosperity, So is everyone else over here. Let us all know when you find it.
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Be fearful when others are greedy and be greedy when others are fearful.
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smartcat
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 Posted: 23/Sep/2007 at 1:00pm |
many brokerage houses, experts put a certain target for a certain script |
When the brokerages give a target price, they are not trying to say that you need to sell at that price. What they are saying is, after XX months, the stock price could reach the target price.
If you are depending on brokerage reports, then you need to hold on to the stock till they give a SELL, REDUCE or UNDERWEIGHT call (which rarely comes, I might add).
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smartcat
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 Posted: 23/Sep/2007 at 1:32pm |
WHAT I WANT TO KNOW IS ... IS THERE A PANTALOON TODAY which would grow 80 times in next 4 years ? |
The problem is - even if somebody tells you that a particular stock has a potential to be a multi-bagger, the devil inside you will shoot down the stock idea. An 80-bagger stock most probably won't look like an attractive business/company right now.
Edited by smartcat - 23/Sep/2007 at 1:33pm
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