But I guess these stocks will languish in the month of December, till 3G auction happens in Jan10.
As you say 160 levels could be appetizing. At BV 120, near 160 could be worth the risk. I cannot think what its intrinsic value is as the books does not give any real clue……….. Last possible is near 260
Sad fact is that its balance sheet shows haphazard interest in consecutive quarters, with higher other expenditures.
I would rather look at Bharti as a better alternative. Its books look cleaner.
BV – 106, intrinsic value well above 320 for Q ending September.
I get the feeling that telcom sector is beaten down, assuming the large outgo for 3G spectrum auctions………………… But now that it has been factored in the down side could be limited.
And worth an entry in small chunks.
Abe
From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of HS Ratti
Sent: Wednesday, November 18, 2009 9:58 PM
To: sharetrading@yahoogroups.com
Subject: RE: [sharetrading] Re: RCOM
I expect atleast 162 .. that would be the second bottom… the first being at 161.80 last month on expiry.. all those who shorted as it broke 285 last month .. and carried their shorts.. would start covering.. ad some will carry the price to a extreme to maximize the shorts…on the expiry day.. as the avg of last 30 mns is taken..
I expect the retail to enter into shorts at 170 or and get trapped.. as it revives after touching 162..
And at 162.. there is very little downside… more upside in few qtrs to come..
Similar is the story of bharti.. a good buy at 270 levels …
From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of Ranjit Sb
Sent: Wednesday, November 18, 2009 8:41 PM
To: sharetrading@yahoogroups.com
Subject: Re: [sharetrading] Re: RCOM
Ranjit
--- On Wed, 18/11/09, abrahamputh <abrahamap@airtelmail.in> wrote:
From: abrahamputh <abrahamap@airtelmail.in>
Subject: [sharetrading] Re: RCOM
To: sharetrading@yahoogroups.com
Date: Wednesday, 18 November, 2009, 8:08 PM
As of now entry to be only abv 314.6. As of now it is sliding with higher volumes.....
Abe
--- In sharetrading@ yahoogroups. com, Ranjit Sb <ranjitsb@.. .> wrote:
>
> What is the view on Bharti Airtel ? Whether it will be too weak after 295 ?
> Â
> Â
> Thanks & Regards,
> Ranjit
>
> --- On Wed, 18/11/09, abrahamputh <abrahamap@. ..> wrote:
>
>
> From: abrahamputh <abrahamap@. ..>
> Subject: [sharetrading] Re: RCOM
> To: sharetrading@ yahoogroups. com
> Date: Wednesday, 18 November, 2009, 8:43 AM
>
>
> Â
>
>
>
> HSR
> A doubt I have. What is the magic of expiry closing on the scrip??
> Any clue........ ........
>
> As I see, at 162 it will be even more weak than now. Or is there some insider knowledge on it.......... ...
>
> Abe
>
> --- In sharetrading@ yahoogroups. com, "HS Ratti" <ratti2@> wrote:
> >
> > Buy at 162 or lower on 26 Nov at 3.25 pm..
> >
> >
> >
> >
> >
> >
> >
> > From: sharetrading@ yahoogroups. com [mailto:sharetradin g@ yahoogroups. com] On
> > Behalf Of Manal Sabri
> > Sent: Tuesday, November 17, 2009 4:07 PM
> > To: sharetrading
> > Subject: [sharetrading] RCOM
> >
> >
> >
> >
> >
> > What is the call on RCOM.
> >
> > Should we buy at this level.
> >
> > Rgds.
> >
> > Manal
> >
>
>
>
>
>
>
>
>
>
> The INTERNET now has a personality. YOURS! See your Yahoo! Homepage. http://in.yahoo. com/
> |
The INTERNET now has a personality. YOURS! See your Yahoo! Homepage.
Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
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