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| Discuss buy manali petrochem @15 at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Buy Manali Petrochemicals ..its traded at BSE... |
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#1
11th May 2005, 11:04 AM
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buy manali petrochem @15
Buy Manali Petrochemicals ..its traded at BSE
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#4
11th May 2005, 03:31 PM
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Re: buy manali petrochem @15
OK, here's the dirt on Manali Petro:
P/E 2.22 52 Wk H/L 16.3/3.2 Market Cap 16.6 Cr. A Petro Company with a market cap of 16.6 Cr...... Sounds shady....
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#6
11th May 2005, 06:45 PM
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Re: buy manali petrochem @15
Hi Uday, Its bullish in short term. I am not sure of the fundamental stuffs that you posted here. I am just looking at the charts.
Its 1 week return is close to 6%. My target is 17 in a weeks time. Regd Tamilnadu Petro ..its bearish in short term.. plz follow the market prices in coming days n u will know what i m speaking about. I am sure of what i am saying.
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#8
12th May 2005, 01:10 PM
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Re: buy manali petrochem @15
Hi young genius,
Short term capital gains could well be given by this share is what you are saying. Fair enough. I was looking at a more long-term perspective. Uday.
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#10
14th May 2005, 08:48 PM
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Re: buy manali petrochem @15
I think Uday has a valid point. I know three well known traders who advice staying strictly away from midcaps. I also know some other people who have made a fortune in such shares and there are any number of lost fortunes on what happened when tech boom busted.
One CNBC speaker recently told me that unless a small company becomes a resonably large company and continously remains in limelight/scruitiny, it could be suicidal. Unless you know the management personally. Why should ppl advice buying blue chips on dips otherwise.
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