Anil
Alok is a good textile co.
The entire textile sector has underperformed for very many long long years
Although there is nothing concrete at present , a well informed investor following the doctrines of the likes of Warren Buffet should enter slowly and keep accumulating on all dips
Future long term triggers for Indian textile cos. can be
1) If Chinese Yuan is revalued as per free market , it will appreciate 100%
2) Chinese wages will appreciate 100%
3) Chinese textile exports to US will take a knock 100%
4) Indian textile cos. will capitalize on this 100%
5) Stock prices will follow 100%
The only thing I am not able to tell you 100% is whether all this will happen during your life time or your grand kids
But like they say buy everything cheap and keep , one day you will be called a visionary
I expect some brickbats from saavy technical traders for this note 100%
--- In sharetrading@
>
> Please advice me is I can buy Alok Ind at CMP 25.45?
> Thanx
> Anil
>
Happy Trading,
United we grow!!!
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