by kfa... due to which it has posted rs110 crores leswser losses than actual losses, which it has informed seperately to the exchange! actual losses hv widened n not narrowed! the only feel good factor is public holding reduced to 10% from 14% earlier n fii holding rose by 2% but public holding has to come down atleast to 7% for good times! to my opinion, kfa is set to hit rs42 levels first n then we can expect a bounce back looking at the current screnio! otherwise i will be comfortable buying kfa on close above rs54 or below rs42 n in between it`s a touch me not for me! - gupta.
i didn`t understand what u mean...though i am cautiously bullish on kfa, i am prepared to see n add at rs42 levels too n cautioning the investors on the same! yes, i do agree that most of the negative news is already factored in kfas current price but operator want the small investors to be kicked out first n hence may create some panic!- gupta.
kingfisher is in f&o that is the main problem with the stock this stock even with a small buying moves into market wide limit postion due to which stock is not moving once this recetifies stock is going to move sharply
look at jet air, public holding is mere4% n operator can play the way he want! with more public holding, with frequent profit booking, nasty for operator n requires large sums to play foul! spice jet is different story though publich holding is 20%, it`s a turnaround/close to turnaround/aquisation target etc...do u agree now?- gupta.