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#2
19th January 2008, 01:08 PM
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Re: PetronetLNG... please help
Quote:
According to me - Petronet is a very good stock for LT view, one should hold such kind of stock rather than worring about short time falls and hickups... Its a dividend payment scrip.. These are my views! Hope this helps! Thanks. 
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#3
19th January 2008, 02:38 PM
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Re: PetronetLNG... please help
The thing is in addition to the shares I have purchased 3 lots (3 x 2200 = 6600) of PetronetLNG February Futures at 107.50.. I have suffered a loss of 30,000/- till now
So please help Last edited by izzner : 19th January 2008 at 02:47 PM.
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#4
19th January 2008, 05:51 PM
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Re: PetronetLNG... please help
Mr. izzner.
You picked the right stock but your timing was wrong. I believe atleast when you put your money in future you should calculate the probability of market moving down. It has all the flavour to make rally and it almost started reached 120 but now due to over all market correction its been down. Its a great stock for LT promoted by big names and fundamentals look good. I aready have it in my portfolio and would add more at this levels. I am expecting it to move above 200 in 1-2 years time. 102 was a good support as its broken in this correction i don't think it will move down more as good amount of money is waiting to buy it on declines. Lets see and best of luck
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#5
19th January 2008, 06:50 PM
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Re: PetronetLNG... please help
Your assumptions are correct!
Definately its a good hold for LT. Thanks. Quote:
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#7
20th January 2008, 09:10 AM
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Re: PetronetLNG... please help
I have seen their coming up terminal at Cochin. They are having lot of precious land, which is just one K. M. away from marine drive. This is very valuable land. If some one starts to bet on valuation of this landbank, its share price will shoot up. Even without this also, it is a good company having prospects for lot of growth. But you are betting on future side. I do not know your risk tolerance capacity. Had you been in cash, then my recommendation would be to hold.
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#8
20th January 2008, 11:57 AM
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Re: PetronetLNG... please help
Quote:
but one good news and market will bounce back and u will get ur level back
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#10
20th January 2008, 02:55 PM
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Re: PetronetLNG... please help
Quote:
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