VAKUMAR : Mr.Ramesh, I want to know whether Arvind Products are traded only in BSE?
Ramesh Damani : I am not sure if it is on NSE.
chandani : HELLO sir GODREJ IND had a dream run and then correction or pofit booking .. can we leftout enter now??
Ramesh Damani : It remains a good bet for long term investors.
ak : Sir, You mentioned on CNBC that you would not buy Elxsi at this point. If it were a trade bet, would you sell now?
Ramesh Damani : These things are dificult to say. I still own it but it seem to want to break 160
ahmedabadguys : Mr. Damani at 6000 plus levels to remain bullish market needs in excess of 300 cr. plus net inflow..Do you see that kind of liquidity continue pouring in for rest of month also???
Ramesh Damani : It may come from retail investors.
rangararajan : experts anticipate slow down in economic growth around next year globaly, what is your view.
Ramesh Damani : Big picture investing is not easy to do.
RK : Sir, any views on TataFinance? I bought @ 47. What should be my current stance? On contrary with the name, this is being aloof from other Tata companies? I just bought seeing its name.
Ramesh Damani : Sorry, don't follow it.
anaam : Sir, Some months back when the market was down in the pit,I was watching CNBC & all the "so-called" analysts were as such creating fear amongst the listners that the market will even fall further....You were the only "ray of hope' as your said that tecnically market is weak & may test a another bottom..but your "inner feeling" is that market will soon inprove..That "inner felling" played a dececive role in holding all the stocks & even in accumalating some more at its bottom...Thanks in tons & tons..Only a few are given this "gut fellings" by the Almighty....GOD BLESS YOU...(You are the chosen one...MATRIX)
Ramesh Damani : Thanks, I appreciate your kind words...sometimes we are lucky.
kvg : SIR , DO U HAVE ANY VIEW ON SAW PIPES
Ramesh Damani : No but they are doing well.
HelloDamani : Sir, In the last week's chat , i had asked u the following question about Godrej Industries --- I was not able to purchase Godrej Industries because I was busy with other activities.Now I am concerned and don't know what should I do? Should I go for something new multibagger in the making?Or should I increase my exposure in the stocks which i already own. If yes, then which one can i still purchase?Or you still want me to go for Godrej IndustriesAnother question -- Howz indo matsushita --- trading choice or investment choice for u? Can we say another multibagger identified by RSD?HelloDamani : HI, MY PORTFOLIO OF 7.5 LAKH INCLUDES BALAJI TELEFILMS, MCDOWELL, SUNDARAM FINANCE , UNITED BREWERIES AND HOLDINGS , TATA ELXSI , MORGAN STANLEY, GILLETTE , STATE BANK , GOLDIAM AND 2 LAKH IN CASH. NOW I WANT TO INVEST THE CASH AMOUNT IN SOME SCRIP AND GO TO HIMALAYAS AFTER THAT FOR 2-3 YEARS . WHICH IS THE BEST SCRIP I CAN BET ON ? I AM A SOFTWARE ENGG WORKING IN MUMBAI AND DO NOT TRADE AT ALL
Ramesh Damani : Abbreviate your questions. Too long to answer.
vikrant : how is BEL looking to u at this point
Ramesh Damani : Should retest 600 levels. Balance sheet is strong.
kuber : Sir, view on Indo mat appl. whether it is value buying now
Ramesh Damani : Yes, for patient investors.
lavanya : Sir, Tata Elxsi at 160 - is it too late to enter? I am looking at a 3-6 month time frame?
Ramesh Damani : Enter with a stop loss of around 154 as a trading bet at this point.
MALIK : Can you give new ideas or scripts for the rest of Bull run .Atleast five new shares both long term and short term ( Trading)
Ramesh Damani : They keep coming up. Recently I bought SKF Bearing, Navneet Publication and Nucleus Software.
sbn : Sirdo you feel SAIL is a good bet still.
Ramesh Damani : Yes, I think on a trading basis.
basant : What are your views on IDBI bank? Wil the merger favopr bank or IDBI
Ramesh Damani : IDBI
Zoroaster : Please suggest a couple of liquor stocks that are worst in the sector as these could be outperformers when the next rally come about.
Ramesh Damani : Clearly McDowell.
HelloDamani : Sir, Please suggest one out of Godrej industries and Indo Matsushita... Itz very diff. to keep both in the portfolio as we dont have that much money
Ramesh Damani : Godrej Industries if you want one.
ak : Sir, Arvind products is a buy with how long a time period in mind?
Ramesh Damani : Post 2005 it should perform.
chandani : sir yu remember you werte planning to bok profit in BEL?/
Ramesh Damani : I did and I am watching it closely but I have not sold yet.
circuit : sir, please tell me whether i should hold Opto Circuit at 120 lave or sell it
Ramesh Damani : They should have an exciting 2005-06. So hold on if you are an investor.
lavanya : Thanks Sir. I recently came out of INFY, SATYAM and WIPRO and am sitting on some cash. Onlt Tata Elxsi in my portfolio currently. Any suggestions on where i can place this money on? Textile, Tech or Pharma? Thanks again.
Ramesh Damani : I would remain invested. I have suggested stocks that I have bought form time to time.
andy : sir nucleus has almost doubled from 60 levels to 100 - is there any thing left for us?
Ramesh Damani : You could wait for a reaction.
chengise : chengise: hi ramesh, do you follow aban lloyd-if so what do you feel about its future given the frenzy towards oil exploration will it do well...
Ramesh Damani : Yes, it has had a great run, however, I don't follow it.
Zoroaster : DENANGSHU DATTA GAVE A TECHNICAL TARGET OF 180 FOR ELXSI FEW WEEKS AGO AND LOOKS IT WILL EASILY CROSS THAT IN NEXT FEW SESSIONS
Ramesh Damani : That would be great, it certainly could.
ak : Sir, Navneet and nucleus are trading bets or investment? At what levels should we enter them?
Ramesh Damani : At this time investments but I trade in them with a small quantity.
raj : Damaniji , what is your call on tv18. I have purchased at 180 rs
Ramesh Damani : I would hold on.
Zoroaster : HOWEVER, WE DO HAVE SOME CONSOLATION AND IF THE RS. 2 DIVIDEND ON MCDOWELL IS MAINTAINED WE NEED NOT WORRY TOO MUCH AS WE STILL HAVE A DIV YLD OF NEARLY 3 PERCENT
Ramesh Damani : Yes, and value will be unlocked over time.
Amit 1 : Mr. Damani thanks a lot for your guidance. we made huge money in Godrej and Crest. Congraluations on your wonderful pick. Is it time to book profits in CREST
Ramesh Damani : That depends on your view.
chandani : i tis like this when you suggest a stock and if it goes down we feel that stock may not be worth a look when it goes high we feel array it has moved fast and we should wait for correction and 'gaddi chhut jati hain' so only we trust yoiur acumen thoroughly and accumulate and wait for 10. 20 , 30 50 % gain?/ i think this is ther right way?/ or is it?????/
Ramesh Damani : No formula works consistently, I have had good periods and poor ones.
lavanya : Sir, last time u said u forgot to bring the list of books with u, and said u would defn do so this week. I am currently reading "Beating the Street" from the same author as "One Up on Wall Street". Some good book suggestions please? Thanks
Ramesh Damani : I am sorry, I keep forgetting to bring
it. Try reading Making of an American Capitalist by Roer Lowenstein.