markfaber : ramesh, i am sure whether i should ask this. . . when u started invested when u came back from US, how much money u started with????thanks
Ramesh S Damani : hello everyone thanks for joininglets start. Very small amounts. I did not havegreat capital to begin with
sanujkadavil : sir, do you have any idea about kabra extrusion. its in construction paying god dividend consistently, last year 1:1 bonus. what is your call on these stock
Ramesh S Damani : construction stocks should have a good time ahead, I don't know much about Kabra
chandani : SIRRRRRR, on Tuesday all your fav. stocks do a flying business . . how come??
Ramesh S Damani : that is not true
sewa : Sir, India has per capita beer consumtion of. 6 litres compared to 18 of China and 100 of US. Does that make United Breweries a great investment story? ALso how will the jt. venture with S & N affect the investment in UB.
Ramesh S Damani : it does. However the co is runso badly that we have to be patient
graham : Sir, Balaji Telefilms & Swaraj Engines - when will be the 'record' date? Will I get dividends if I buy before this date? Can I start buying after thursday? Mutual Funds already booked profits in Swaraj Engines. Is it risky to buy at this price? Tata Finance - Can I accumulate at 41-45? Please respond. . .
Ramesh S Damani : i like balaji and swaraj at these levels. if balaji does end up paying Rs 16 you will get the div by buying currently
my : what is ur opinion on Bharat Earth Movers Ltd. Do u own it?
Ramesh S Damani : yes, they are doing well
probal : Sir I want to thank u from the core of the heart. I had benefited immensely from your recommendations. I have recovered almost all the losses i received during the crash in may 2004. Thanks u again. This chat session is the most interesting session i had ever witnesses. Thanks again. I hols TCS, Infosys, Nucleus Software, sundaram finance, tata elexi.
Ramesh S Damani : it is great to be of help
newuser2004 : Dear Sir, I am a great fan of your yours. Would like to know your opinion about Archies. Book Value at around Rs. 80 and share also trading at around Rs. 80. P/E of around 9. Tremendous brand Value. Almost monopoly in the social expressions industry.
Ramesh S Damani : somehow i have never been too impressed with mgmt. Otherwise you are on track
vikas 1 : Macmillan : whats wrong with the result. Even after becoming major ITES player if its result is still seasonal. Just 12% up on qoq. Now EPS is 18. 5 we can't expect more than 23-24 which is way below your target of 27-30. What's your view. Do u think this quarter was an aberration
Ramesh S Damani : they continue to be a co with no consistency in earning. this quarter publishing write offs took place, perhaps. bpo is scaling up well. i don't know how much write off remains
BASANTMAHESHWARII : Morgan Stanley has picked up more then 10 lac shares of NDTV in its India fund. I continue to hold this company for quite some time now. Did you get a chance to analyse its Sept qtr results or would you pass the media sector (except balaji) for now?
Ramesh S Damani : i like ndtv i bought some at current rates
lovelysunny : sir your comments on GUJRAT NRE COKE. . . . . this scrip had been dumped few days back but has very good fundamentals. . . PLS SUGGEST SIR what should i do?
Ramesh S Damani : my sense is that they are doing well. i dont own it though
vikas 1 : INFOTECH ENTERPRISES : After gap of 5-6 qtrs there is good operating margin which will boost its earning going forward. Is it good mid cap bet with niche area. will u include along with Nucleus and Elxsi
Ramesh S Damani : not quite. mgmt has to show consistency in results
marthastewart : how does nucleus soft differ from a iflex or from a finacle arent there too many players in the banking software space today nshas has done more than 7 lakh shares
Ramesh S Damani : nucleus offers asset based lending and other solutions. it does notreally compete head on with infy, or iflex
BASANTMAHESHWARII : Thanks. CLSA says that the next big structural change in India would happen in the media sector their small cap picks in their report "rising Stars" are TV 18, TV today, Balaji and NDTV. Also Enam & Templeton have picked up more then 6% stake each in tv today. Why would the smart money buy shares of a company that is consistently losing market share to the NDTV. See the latest Tam ratings NDTV is giving all channels a run for its money?
Ramesh S Damani : one quarter is not consistency
lavanyaa : Sir, please answer. TATA ELXSI: Your call on what to do sir. It has fallen from 168 to 149 in the last 2 weeks. Should we remain invested or get out now. I liked the results, but why is it crashing down like this. Please advice sir. Thanks
Ramesh S Damani : stocks go up and down, i can't predict and comment on each move. ultimately you have to form your own judgement and not be led by someone else
ebjacob : ebjacob says, sir - HOEC / GODREJ is it still the right price to enter or it is too high? I remember you recommended this stock when it was 53/50
Ramesh S Damani : i am still holding
marthastewart : are yu satisfied with macmillans results i think they should have been betterwill yu continue to hold oncan they do 40crs for the full year
Ramesh S Damani : no. but i am still holding it
Shikha : midday had a turnover of over 10 crore shares today, been up 16 % two days in a row, any news of FDI?
Ramesh S Damani : maybe a new investor coming in
Sharad Bhatt : Sir any real low value stocks which looks interesting like SPIC, Morgan Stanly, Arvind Prod or any other ???
Ramesh S Damani : morgan and arvind look okay to me
vikas 1 : Crest Communication : Going good in market but will result justify this huge move up though story looks great and after elxsi they are the one to get good business. Would u sell ahead of result on 30th or keep it as long-term 10 bagger story
Ramesh S Damani : it is a long term story, so be patient. otherwise you should book profits. My sense is animation is going to boom in India
we : what is ur current view about tata investment? NAV is above 500 and they r free to sell even their tata group shares depending upon their own market views and 50% of the portfolio of 1200 cr. is non tata group shares which they can sellat any time. What is ur opinion on it ? is it a value buy
Ramesh S Damani : i think it is
sush0803 : sir i want to invest for long term gains for my daughters future education. can u suggest some good buys which i can hold for 5/6 yrs to get good return
Ramesh S Damani : occasionally i recommend stocks in here that you can take a look at
rrod : Dear Sir, Please advise which Indo Matsushita (advise full name)
Ramesh S Damani : indo-matsushita appliances, growth is still a problem, so invest only if you are very patient
Harshawardhan Deshpande : What do you think of the 2nd run software cos? and what are your views on Kale Consultants
Ramesh S Damani : i like a number of them
vikas 1 : Sundaram Finance : No grudges, no complain. Just thinking we can make better money investing somewhere else specially in good market then why sundaram unless there is huge value and looks 2-3 times candidate in 2 yrs. time. Please comment
Ramesh S Damani : we have to allocate capital daily. i think it is a good allocation for the safety you get. if you find a better op by all means invest there. it is a personal decision.
rpk36 : Are you holding Arvind Product? It should perform well in future. Will you please comment on this?
Ramesh S Damani : yes
Newbiessatstock : What's the trigger your waiting for in SKf Bearings
Ramesh S Damani : it has moved up after the results
johnlittlewood : Ramesh, guess you have read them but otherwise would recommend the books - investors anthology by charles mackay and a hilarious book, where are the customers' yatchs by fred schwed
Ramesh S Damani : i have not read investors anthology. is it an old book
Satya : Dear Sir, What is your opinion about Tata Teleservices ( HUGTEL )?
Ramesh S Damani : i would keep an eye on it
Newbiessatstock : if am not mistaken your circle of competence is tech ?
Ramesh S Damani : tech, psu, bpo and the like
lovelysunny : sir
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