Clieck here for q4 results remove the space.
Q4
http: //nseindia. com/marketinfo/companyinfo/eod/results.jsp?param=01-APR-200930-JUN-2009Q4UNNNEXLTELENE&seq_id=67248&viewFlag=N
I am not intersted discussing this counter anymore. It is going to collapse soon.
It will become panny stock now.
But dear mukut, u r talking about jun 09 results, whereas septembr results are out: which i am talking about: thus, sales from the low has improved: this panic with u all gives a smell of opportunity to me.!
To be honest, even if we the retails users of Moneycontrol get panic it doesn`t really impact the trend of stcok price. Operators drive the movement of the stock price.
Don`t be panic since the company would be operational. If you actually understand the industry nothing has changed in last one year hence there is more pessimistic feeling. Retailers mostly like to buy the share when price is increasing and sell when decreasing. Keep patience and wait for next 2-3 years and keep track on the price movement
Don`t catch falling knife. Don`t look at those conversion. They have no option but to convert FCCB otherwise they will lose entire investment. THey are converting to save whatever left out. FIIs have more money than you. They can write off this counter`s investment and adjust loss against profit in other investment. Here you can lost your entire hard earning money.
I fully agree with u barat
we are fortunate that those pessimist traders are present in market, they will be making us available xl tele at a mouth-watering rate by continous selling.
we should get in there..wait for 10-20% fall from here, then start accumulating..
When can the company post any profits - why are the concentrating in Europe - they can sell their solar products in India too.... Why such enormous losses - I have invested heavily already... Facing huge losses.
Point taken.
We will pick once the knife is resting on the floor.
Say eg if it comes to the level you have told, there is nothing to loose . May be pick up 20000 shares and forget...
I am tracking Xl telecom and Moser Baer because of solar play. I read many reports which indicating that there is huge oversupply of photovoltic cells. There are many Chinese companies with huge capacity and backward integrated to secure silicon (raw material). The photovoltic technology itself is rapidly changing so it is diffcult to figure out who would be the winner when gap between supply & demand reduces 2-3 years down the line. I am not sure whether Xl telecom will survive the diffcult period of 2-3 yrs. Their telecom revenues has also come down sharply so future looks very bleak.
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