-------grasim------

jatayoo

Well-Known Member
#1
HI
HERE are some of my random musings about GRASIM.PL read them and comment so that we can discuss:--
The problem with Grasim is that currently only the cement buisness is dependable--- what about the PFY,Sponge Iron,Chemicals buisness?One or the other buisness impacts the margins negitively.Thus this diversified company is a risk.The groweth over the long term should not be assesed at more than 15%.
Weekly charts have a support at Rs 1800 and monthly charts also at 1800.This is therefore a strong support and the 1 yr upside on a price of 2500 gives 35% profit if baught at 1800 .
like the ideas-- or am i day dreaming:eek:
 

jatayoo

Well-Known Member
#3
Hi

I am not an expert but still, I disagree with you,

Dont catch a falling knife..it will hurt.

Regards,
Luckytrader.
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HI LUCKYTRADER
I AM CATCHING IT QUITE CLOSE TO THE GROUND AT 1800.OK, I'LL TELL YOU THE PERFECTLY SAFE LEVEL--- THE LAST TOP AT 1550.
I DO WISH GRASIM WOULD DEMERGE IT'S DIFFERENT BUISNESSES.I'LL KNOW WHAT I AM INVESTING IN PRECISELY.
IN DISAGREEMENT LIES AGREEMENT SOMETIMES.:D
 
#4
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HI LUCKYTRADER
I AM CATCHING IT QUITE CLOSE TO THE GROUND AT 1800.OK, I'LL TELL YOU THE PERFECTLY SAFE LEVEL--- THE LAST TOP AT 1550.
I DO WISH GRASIM WOULD DEMERGE IT'S DIFFERENT BUISNESSES.I'LL KNOW WHAT I AM INVESTING IN PRECISELY.
IN DISAGREEMENT LIES AGREEMENT SOMETIMES.:D
It will be great if you can attach a chart.
 

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