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#1
31st August 2007, 11:18 AM
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Tata Steel: The truth about financial report numbers.
Tata steel has come out with a stagering 6 times profit numbers.
But is it really true? The fact is that the actual profits are not 6 times, but only 2.2 times. Here is the article revealing the truth..... http://invest-n-trade.blogspot.com/2...continues.htmlhttp://invest-n-trade.blogspot.com/2...continues.html Traders should be careful while looking at financial report numbers and trading on the basis of those numbers. 
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#2
1st September 2007, 09:21 AM
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Re: Tata Steel: The truth about financial report numbers.
This was TATA STEEL's Financial Report if You look at the Short term prespective you would be still Bullish on this Stock as some of the Bloggers have said the rise in profit was less than twice but one of the major Factors for not buying Tata Steel when it witnessed a great fall was it's debt effect on the balance sheet and consolidation in to a large entity.
The best factors for picking up this stock are following: 1) It's legacy as Tata's Asset which will get always the backing of Tata Son 's so debt proportion will not be a problem.. 2) As US Dollar depreciates the Euro's Credibility as well as Tata's Corus Revenue will contribute higher. and more... copied from http://intellectualindiantrader.blogspot.com/ credits to the original writer
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#4
3rd September 2007, 10:14 AM
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Re: Tata Steel: The truth about financial report numbers.
It's absolutely true that we can have some more actions happening in Tata Steel as the market proceeeds further.....But the important thing to note is about the number game :-)
That was the purpose of the article.
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