we need not be circumspect at this stage as announcement of bonus date is pending, mean while the market is likely to go up as it is consolidating now,
we can also expect more good news from JP this week,I disposed some other stocks in LIC and bought at current level, I took a calculated risk
announcement of bonus date is not a criteria
today what happened to reliance even after the announcement of record date
every thing depends upon market
if market comes dwon heavy beta shares come dwon heavily
we must keep money to average it in such circumstances
yesterday i heard a commentry in bloomberg
among emerging market chinese and indian shares are overpriced
chinese shares trading at 22pe
and indian shares trading at 20pe
american market is holding these level because dollar index is very low
they say after obamas visit to china dollar index can rise
so they were warning investors and advising be cautious
let us see in coming days
if market is going up you are a winner other wise jpassociates peanut bonus announcement never work
they are having enough debt also
i am not making you panic
but be cautious
dont misunderstand me
what else in my knowledge i wrote
from a old man from kabul afghanistan
dear Bagram
it is definitely not the case of misunderstanding.your experience and advice is priceless.A good investor is prepared for what ever that may be outcome.If at all the market hevily corrects at this stage which may not be, the jp can come down to 150 level.Even then you can buy some handful, such that you can celebrate at 3fold return which is sure possibilty. for those fearing correction I want to advice this, invest half the amount you want to invest now, if market goes up celebrate with that half return as we should not be greedy, if market corrects invest the balance in same share such that there will be dilution and returns long term toogood. correct me if my approach is wrong II am following this as the market is at cross roads of sucess/correction.But always remember correction is temporary!!
dear Bagram
it may be intution your prediction came true.when index is coming down somuch jp slid fast. what is your advice for days to come please advice,I hope you arenot hurt by my message.
dear rk2009
initially i purchased at an average of 236
thinking that it willcross 300
some so called indian analystics were telling also
later i made my on study and found that they are having huge dabt and their cement industry is confined to north only and their major activity is cnfined to ncr only
theyoffered investors a peanut dividend and bonus which was not matching the price so i sold at 229 and suffered a superficial burn but i covered it in mic electronics with in a short perod
last december it was trading around 130 rs
i feel the price of aquisition of this share with bonus should be below 190
today early morning bloomberg is saying obama is coming back with empty hand after his 4 nation tour
he is facing problem of unemployement rise
slow progress of health care program and dollar weakness
allready it reflected these factors in u.smarket
now all asian market is in red and u.s futures are dwon
so i expect a someweekness in our stock market today
so dont go for farther buy in jp associate
wheather their i.p.o will be successfull
fiis are having large holding wheather they will sell considering the present world sceniaro
thank u sir!
I am holding the sare at an average of 210,as Ibooked some profit in this share twice during treasury share sale and one prvoius occasion.the market as you said is at cross roads of boom and bubble.After looking at recent Q2 results I felt that who ever made some profit slightly less than or eqaul to last year PAT, are really doing hard work to improve financials.the yamuna high way project and and merger of several sisiter concerns are plus points.The way they are trying to restructure their debt also attracted me to invest.As world economy importantly emeging markets India and china are now grown independent of DOw theory.we are on our own.Q2 results of indian market are definite indication of revival.It is sufficent if they equal last quarter earnings.This is number one company in the indian construction picture with lot of political back up as major infra develpoement is going on in our country please support this gaint company as it not the titanic in the industry.they are putting enough effort to revitalise company in coming years.stick to it buy in the dips if sensex corrects further.I feel there should be revised consensus on the valuations front i nview of the global inflation India is doing pretty well.The recent purchase of the Gold by shelling down dollars is our national leaders foresight.tomorrow paper currency is going to loose it values further, I advice the board to maintain a good ratio of paper assets and fixed assets and gold and silver..Iwish boarders discuss some more about changing scenario of the valuations of stocks.There is over valuations in some banking and oil stocks, which should be rebalanced for stable growth,Every one is running after limited stocks.those sstocks are going to correct heavily now. some effect will fall on these stocks but we can be assured that these stocks are already corrected due to different reasons and less scope for shrinking....
dear rk2009
i agree this is a good company
their future projection is too ambishious
it is not easy to achieve
i will think about this share only after ex bonus
THANKS FOR THE INFO
| NIFTY 
