chints : Sir, I want to ask u one question. Do u believe mark mobius as your inspire person? i asked u once that do u have any idea for honda siel power products you said no idea, but sir franklin templeton made good investment in that. so have u look it?
Ramesh S Damani : Hello every one thanks for joining. lets start. You are right I have not seen the stock fundas yet
sanujkadavl : sir, what's your call on encore software. i think you have some holdings in encore. but nowadays we are not hearing any news on simputer. do you think encore story would emerge in future, or expecting anything special from the company, would you recommend encore for patient and value investors
Ramesh S Damani : i think the stock is not ready yet. It needs to come out of a hole. i own it
Anjana : Hello Sir, I am regularly tracing ur views and advice. Pl. advice on PolyPlex Corporation & Mah. Scooter? What about the correction in market, sir?
Ramesh S Damani : No one can judge correction on a timing basis. Both the companies are doing well
SUDHIR : Sir do u think tata honey has the potential to reach 1000 in the next 1 year
Ramesh S Damani : i try not to set target prices; company looks good
makhijasuresh : hello damaniji, what's u r views on biocon now they r doing a pretty good things and u said u will tell after some quarters. now what's u r view?
Ramesh S Damani : i think my analyst friends say after Q1 in FY06 things will look up
kumarvav : Mr. Ramesh market has reached new high today since January. Whether it will continue so long as FIIs pumping money or profit booking will be done on higher rate?
Ramesh S Damani : that is the call
INFYboy : Sir, good evening. PLEASE answer this question: What is the relation between Arvind Products & Mills ? Can we expect a multi bagger from Products?
Ramesh S Damani : same mgmt. I am bullish on Arvind prod due to textile exports
meetamangal : Sir, your views on textiles. The Quota system is about to abolish, but saw an article, that India is not prepared to take the benefit and china will upbeat India. If it is so, then shud we retain Century Textiles and Raymond.
Ramesh S Damani : china will win, but enough is left for India. Also strong yuan would hurt Chinese exports
chints : sir what's ur sense about markets from here? i sold my portfolio today of jl morrison godfrey phillip matsushita lakhanpal and ntpc. is that good idea from your point of view?
Ramesh S Damani : my sense is that we should remain invested
jk : Dear Rameshji, I must compliment you. You are simply a genius!!! I bought Nucleus and Balmer Lawrie as per your advice and I am seeing the result for myself!! I doubted abt ur call on VSNL and am repenting. Do you think I can enter VSNL at 225 levels, with 1 year time frame in mind?
Ramesh S Damani : Sometimes you get lucky.Investing is a game of patience. I think VSNL would be good for patient investors
rajeshh : Sir, out of mcdowell, ub, and ub holding, which is your favorite. My holding in breweries increased from 15 to 30%, what do you advice now shall i reduce my holdings or should hold on.
Ramesh S Damani : my favourite is making money. Investors should own 2 out of 3 to complete portfolio
ChennaiInvestor : Hello sir, Thank a lot for all your picks, God may bless your family! Can we expect a correction now sir, as the market reached all time high? Any ideas at this point
Ramesh S Damani : My sense is remain invested
chints : sir thank you for your reply sir i have heard that u have made stake in vst industries so tell me some idea bt that company please thank you
Ramesh S Damani : Rs 300 crore for BAT subsidiary. Need i say more
vikas3 : Balmer Lawrie : I saw the financials , doesn't look very exciting . Is it future performance and divestment which made you think about this co. please advise as some are expecting it to go very high
Ramesh S Damani : look at the consolidated numbers
chengise : ramesh - BALMER LAWRIE - seems results could be quite interesting, what dividend are you expecting
Ramesh S Damani : Rs 5 plus
Sharad B : Sir Today on CNBC one of the expert was suggesting to exit from big shares like HDFC HERO HINDALCO and enter in to MID-CAP...but as per my exp. actually it should be the other way round. Sir Your Opinion?
Ramesh S Damani : i agree. However, i prefer to buy good cos and not worry if they are large caps or small caps
AnandBBhatt : Sir,I have not been following Nuclues software. Can one make a fresh investment at the current price? Thanks.
Ramesh S Damani : The outlook is promising or this co. it reminds me of Geometric a few years back.
chengise : Ramesh- MOUNT Shivalik - will their tie up with Cobra Beer make any difference
Ramesh S Damani : it should
Tangox : Mr Damani do u think any of ur picks still have some steam left. Can one get into Lawrie, Arvind prod, Geometric, Sundaram finance, etc even now? or shud one hold on for a correction n then enter?
Ramesh S Damani : my sense is that you should remain invested. You have to pick where you are comfortable
Sharad B : : With today's movements do you think that we the small investors, having made investments at very low level, can start the process of booking at least 20-30% profit? but sir this time index at same level 6250 & I do not feel like asking you the same Question again. though I would certainly like to know your advise for a small investor like us. When should (at what level ) we should start our EXIT process?
Ramesh S Damani : if we are in a bull market, as it seems we are, it has still a way to go
Michelle1 : is there anything with swaraj engines, which is in distribution, in spite of good fundamentals?
Ramesh S Damani : nothing that i know of
Sharad B : , Sir, I am having exposure in 2 real nice stocks, which has given me nice and steady return over the years. i.e. HDFC &
HDFC Bank at current valuation I would like to know ur take on these two shares?