What about.........IFCI LTD

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  #1  
Old 7th November 2006, 11:03 PM
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rado is on a distinguished road
Default What about.........IFCI LTD



Hi gurus,

Any suggestions on IFCI LTD @ 13.65
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  #2  
Old 8th November 2006, 04:05 PM
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Default Re: What about.........IFCI LTD

Stay away from IFCI
Heavy losses, urecovered loans, poor management.
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  #3  
Old 8th November 2006, 08:15 PM
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Default Re: What about.........IFCI LTD

Hi,

1. I think what harmads is saying is correct but again if you look at the recent performance, NPAs are coming down, number of employees has reduced (cost cutting), IMHO great future (ICRA IPO coming up, steel cement sector gaining, recent trend).

2. I dont know if its a buy/sell @ 13+ but I think its a turnaround story.

3. Disclosure: I have some stock of IFCI so my views could be biased.

4. Would want to read what other people have to say.

Regards,
http://pseudosocial.blogspot.com
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