leading upto the actual demerger and seeing open positions in the F and O market, and considering that ndtv goes off F &O at the end of this month, i am looking at ndtv at levels of rs.200+ very soon.
Target of 150+ achieved, i would now sell and book profit and look to buy ndtv back at 105-120 range.. which will happen soon enough.
best wishes,
samir.
Quite correct, i did say that, but if you will go back to my original message, i also mentioned, that it will do so basis, the demerger news.
Please do not forget, that
1. World is still in recession conditions.
2. No doubt sentiment has improved since stable government, ground reality is same as it was in march, atleast at this this point.
3. Some foreign money has come in, and this is a bonus which should be cashed into.
4. Ndtv itself is a great company and I am long term bullish on this counter, but its balance sheet is not looking good at all at this time, with rising losses quarter after quarter and dismal annual results.
5. It will take some time for NDTV to stablize.
So, NDTV is 162 , fine,thats great too,all the more better price to sell into. Who knows it might even go to 170-180, but problem is, it becomes very expensive at that stage, so to book profit and to look to buy it back once its down again, might be a good idea for some.
Someone with only a long term view (3-4 yrs) can obviously continue holding...
Hi Saritha,
considering the overall bullish sentiment going on nowadays, ndtv going to 120-130 is forseeable and hence many will end up entering there, provided they sold at highs, but ideally, i would like to be able to re-enter at 110-114. But if you sold at 160+ levels, entering at 120- 125 is also ok.
Kindly consider that this is the stock market, and there are no guarantees about a certain price coming,but if ndtv keeps going up, it would be an odd thing to happen, under the circumstances.
Hi Saritha,
As you might have read, i am out of NDTV presently.
Markets have staged a fragile recovery and hence i have moved my funds into asset heavy , low present price to book value stocks and stocks that are actually showing profits quarter on quarter.
The part sale of its lifestyle channels to scripps for $50 Mil is good news, and yet i dont think its enough to help NDTV out of the trouble it has put itself in..their entry into GEC has been ill timed and unlucky for them, and GEC does not require as much talent as it does money and money is something NDTV does not have.
I would suggest that if you like NDTV, keep a close watch and do not enter.
Whatever the news in NDTV, the share price is on a very delicate balance, and if the overall market corrects, it will drag NDTV down much more than it might some other profit making company stocks..
Anyway, with the kind of losses showed quarter on quarter, NDTV is overpriced, even if there is a demerger on the cards.
I have since, sold NDTV (i had a substantial quantity) and put my money into stocks like tata stocks, auto ancilleries , couriers and stuff like that, taking care that all of them are dividend paying stocks.
Hi,
Suggesting stocks to someone else is a matter of great responsibility, hence while i will not suggest what you should buy, i will list below some of the stocks i own, so that you can research and make your choices and buy for yourself...
Some stocks i have larger holdings which are in large cap and some smaller holdings in small cap.
My largest shareholding within my portfolio is in UTV software, although i bought i cheaper a few months back, but watch that stock carefully and forget about NDTV.
In terms of Management and lower risk in terms of market capitalisation, there is no other share in media space to beat NDTV. Also they seem to be getting into grips with their debt and also cost ratios and thus there is only one way for the scrip which is up.
| NIFTY 
