one can be long in kingfisher at 51.7 levels but buy only 1/3 of qty what one can hold comfortably! looks max. pain is another 4% on downside. yesterdays n todays fall r on extreemly lower volumes n something like appproving foreign airlines investments in existing fdi limit of 49% iteself is expected! also, atf tax issue n airindia strike call from nov 24th n peak season for airlines r short term buzza! so now again at rs51.7, i am bullish on kfa! - gupta.
i suspect why mallya from last 1 year is telling rising 400 million and is keep on telling that he will rise 400 million dolloar but till today he could not able to rise a single ruppe from pe investor seems like nobody wants to buy any stake with mallya including diageo seems like something wrong with mallya itself i dont know what is the future of kingfisher already he is downing its aircraft just wait and see what he will do i am very afraid of kingfisher stock and also aviation sector in india
i serioulsy say both pranab and praful are waste and they are not cable of handling the things the worst part is i have a wait for onother 4 years to see a cabale person coming to its place untill then nothing will come for aviation space these people are just seing how the aviation space is going to die in india once it happens the whole indian economy is going to collapse like a pack of cards along with that it is going to take a rest of the world economy to downfall next round of fall in the world market is going to come from indian aviation space in which all the airline company is going for bankrupcy so get ready indian economy is going to fall
then govt will come for damage control by that time every thing will be finished
Hello,
Yes what you say is correct. Like our Indian police who will come running after the thief has escaped, the ministers will come and stand on the grave yard, and announce all that they can do for the aviation sector. If they announce the expected we can atleast take it as, it is better to be late than never. May the ministers open teir eyes and look up the sky?.....
He doesnt want to part with the stake neither does he want to make sure that he raises the money as quickly as possibly.He is cheating the investors of the company.LOOK@SPICEJET PERFORMANCE ITS AWESOME
something is cooking with bnp paribas it has brought a shares in kingfisher and increased stake in spicejet in the month of october so it has increase stake in spicejet from 4.72 to 5.35 and also in october it has brought shares in huge qty in kingfisher so probably some kind of meger with kingfisher and spicejet may take place in the near future r else bnp paribas is anticipating some kind of consaladiation in aviation industry that is why it is increasing stake in both the carriers
As FDI limit in avaition sector is most probably would happen.Most of the broking companied have told to accumulate aviation sectors shares majorly Kingfisher and Speice jet.
hope friends hv enjoyed my call now with abt rs50 avg. price, book some partial profits on monday at rs53 levels unless there is any positive news during weekend! - gupta.