You must get corrected. As a trader, I am very much interested in BHEL. I take all opportunities to short when the stock goes up. Honestly, if it goes up to 280 or 350, I will be definitely happy. I wont be happy if BHEL falls very quickly to 150 as I will not have an opportunity to short.
In this sense,I should promote every one to BUY, BUY, BUY in order to meet my needs!!!!
Why do you think it is a panic? Am I talking any thing unrealistic?
My targets have been right so far and I will be happy if they have a hit rate of 80-90%.
My advises are unbiased. Please go through the below:
A query by one of the boarders yesterday:
"hi i boght 100 BHEL @ 243 SO What is your view on it,when i cAn avrage in this stok"
My reply to him below:
I hope you are a long term investor. Your buying price is 243 and currently it is going around 207 and the difference is just 36. It does not call for averaging at this point. Yes, you could think of averaging when BHEL makes a new low. Otherwise, you can remain on sidelines.
BHEL wont go anywhere in a hurry. It may make a new low but it will bounce back too. Currently it has enough orders and that gives a good breather.
Actually, if you have enough funds, You should never worry about BHEL even if it goes a double digit. Averaging works fantastic for you.
So, just dont bother!!!(if you are long term investor)
* Why am I posting only about BHEL? It is not entirely true. I have interest in Sintex and Andhra Bank. But both of them are my long term investments. As far as BHEL goes, I am interested only in Trade. As said earlier BHEL is a gold mine for me on the short side.
* No single individual can influence a stock like BHEL unless he is an Ambani.
* I dont agree with the point that investors sell off only based on my calls.
* You must go and see my advise to one small investor who bought 100@243.
* Any one who knows the corporate culture would understand the difference between a PSUs and Private Sector Cos. Dont like to go to those basics and hence no discussion on that point.
So, dont get emotional and too personal based on my calls.
SBEE: Can you explain what makes a "good company"? It is a good management in an industry which is in vogue and is able to quickly adapt to the changes in the environment, which makes a company "good". Therefore, by my understanding, Colgate is a good company.
However, I don`t see a distinction between private and public sector cos. What was wrong with Kodak? A GREAT private company (a few decades back) with the best management team money could buy. Or recently with Lehman Brothers? ...
Sbee jee, u are trying to kill BHEL then i dont think you can promote anything in the share market. One of the most trustworthy share in the market is becoming a victim to your criticism just because its falling. I cannot recall any private company who can be trusted more than that. An innocent investor can never get cheated in Bhel, everything is on record, there is no balance sheet manipulation, there is no promotor eating your money,what else do you want?Please dont create a panic on this board.
SBEE :Instead of asking to sell bhel, you can buy larsen and toubro, bgr system or thermax and you can write on their board to cheer everybody and ask everyone to buy but instead of that you are here in bhel board, blaming bhel continuously and make innocent investors to panic sell, seems you made this id to post the messages against bhel and buy at low level, your most of the messages are regarding bhel, i dont know why you are wasting your time in stock which you dont like. you are saying bhel has no future then why do you wait here to buy at low level? I request all boarders, traders, investors should be cautious and dont make any panic sell and analyze before go short and dont listen this kind of third class broker who can do anything for money.
To add on to my previous post: I feel BHEL is competitive and `good` (even though it is a PSU) because it wins global tenders with stiff technical competition against global majors. And its areas of expertise will be in demand in the foreseeable future...
In summary, I (personally) feel BHEL at around Rs 210 is a steal for someone investing with a 2-year perspective. The returns could be in the range of 50 to 100%.
Let me add this point as well. Colgate is a private sector company and good companies under good management can withstand bad days and fight it out to make a good come back. Colgate is not just one example and there a quite a lot of them like Castrol, Bata, Tata Motors, Bajaj Auto etc..........
A very important distinction is to be made here between private sector and public sector. I must say without any doubt, PSU companies lag behind private sector in this respect. Such a recover is almost not possible in a lot of PSUs.
Hence, exercise caution when you apply this to individual companies.
Here is an interesting story: Colgate is well known to not just those in stock market but those are not here. It was a great company to have in one`s folio. It rewarded its share holders a lot more than many other stocks.
But in the late 90s the stock went on to descending path. That time, not many believed it and as usual every one used to say the same bla-bla-bla.........Strong EPS, Debt Free, MNC, high growth............. The stock of course went on descending slowly(not all of a sudden) and went a miserable level of 120,,, just 120 which many could not believe. But that was real!!!. The stock was there lingering for almost 6 to 8 good years. Ofcourse, later on it saw a good recovery!!!!!