Tata Global - Tata Starbuck

Hello Friends,

These days shares of Tata global is attaining good volumes backed up by JV between Tata and Starbuck. Tata-Starbuck in on a very aggressive expansion plan as they started their homework 8 yrs before stepping on to indian soil. Also Tata group have appointed the youngest CEO(Avani) whose work appetite was unquestionable.

So friends, with all those fundamentals looking good, wat are ur opinions abt the future of their business strategy, the future of their share prices, etc.

Looks like all fundamental analysts are on vacation. hehehe. :lol:

Tata global's net profit has been falling for a couple of years (although mar-2012's profit was higher than mar-20

The 8 year EPS growth % is around 5%. which is also not good.

Which is why I have not looked in Tata global in detail but because of Starbucks, the financials of Tata global might change.

Tata Global AT CMP OF 145 looks to have bottomed out. I expect it to rally. what do others feel ?

Feel same! I took position when it broke the previous 20 days low and then closed above the low !

Oops TATA GLOBAL is still falling.

But that is the beauty of technical analysis. We do not play favourites. Although I liked the stock, the prices never supported my whim to buy the stock. Kept me out of trouble.

The same way I continue to hold Godrej Cons. Now my hands are itching to book profits. But ta does not allow to sell stocks that are going up !!

I advised someone on this forum few months back to sell tata global as its not a good stock. its still not a good one. neither the price is cheap.

People are relating tata global to its deal with Starbuck. The cost is suitable, Starbuck will maybe give support in longterm. Can't comment further without work.