rksingh : How to get your chat transcript?
Ramesh S Damani : Search rediff for them.
vvinay : sir,one cannot write off Mr.Damodaran also look at book value of IDBI,past mistakes may not be repeated again similar things were said about uti,IDBI has intrinsic strength your view's
Ramesh S Damani : History is against them, look at UTI history.
sanujkadavil : SirSouth Indian bank board approved rights issue of 1:3 at a premium of 30rs. Record adte is 23rd july. And ex-rights of 16july..Are you still holding south India bank. If yes would you subscribe the rights..It is the cheaply valued bank scrip at a p/e ratio of 2.. and we likes to know your view on south Indian bank
Ramesh S Damani : Yes, I still do, I would subscribe to the issue.
Amit1 : Kale / crest / Logix Nelco : U said that they are in niche and could be multibaggers but there should be some sign starting now as they can't become 5 times overnight. Do u see any activity in any of these cos. which gives us some confidence
Ramesh Damani : Kale is still struggling but on track.As far as Crest is concerned, animation is going to be big business and they should benefit. Logix is still struggling but on track. All three companies are doing well but have not reached critical mass and you will have to be patient.
rakshesh : damaniji, I had bought Mahindra ugine as per your advise-- now I am sitting on a loss- till when should i hold- please advise
Ramesh Damani : I wish i was clairvoyant to tell you when to buy and sell.
vikrantgoyal : DO U TRACK THE Trades Done on Nifty Futures Done On Singapore Stock Exchange ..... AS the FIIS can take a view trading there also
Ramesh Damani : No, I have not.
mks : what is your openion on no. of companies in ones portfolio??....you suggest not to exceed some x no. of companies or it is not matters as long as picks are good???
Ramesh Damani : It depends on the size of the portfolio.
Amit1 : After INFY result , r u looking at some Mid cap shares. what about I GATE , once u said u will look into as we cant ignore P. Murthy's capabilities
Ramesh Damani : It does not seem to be out of the woods yet.
HiDamani : IF WE ASK YOU FOR AN INVESTMENT OF AROUND 8 LAKH-- WHAT 7 STOCKS WUD U SUGGEST. I CAN SURELY NAME A FEW LIKE MCDOWELL, MACMILLAN, SUNDARAM FINANCE, TATA ELXSI .... WHAT WILL BE THE REST 4?
Ramesh Damani : Sorry, no new ideas. Maybe a punt on Godrej Industries as a value investment.
Daulat : Ramesh, thanks for your earlier recommendation on VST Tillers as well as Tata Elxsi. Can Tillers be held for the long term?
Ramesh Damani : VST Tillers was a trading call, Elxsi was an investment call.
rakshesh : Damaniji, Mahindra ugine- does that mean, I should continue to hold?
Ramesh Damani : I don't advise when to buy and sell. I tell you occasionally what I have done. What you do is up to you.
tabu : which is the date of eserve buy back? when will they post the form?
Ramesh Damani : No date yet.
mks : sir, for a retail investor who invests arround 3 to 5 lakhs what type of porfolio is advisable??....minimum no. of companies of good picks or fair distibution with any no. of companies one feels it is good???
Ramesh Damani : I would buy no more than 2-3.
Amit1 : Is Tata Elxsi has become your core investmnt. Do we need to keep for 2 -3 yrs. to realize maximum gain or its a short term story
Ramesh Damani : I would like to keep it as a coreholding but let's see results of a few quarters before deciding.
TOMBAY : SIRJI ANY NEW SCRIP YOU HAVE SEARCHED ON TECHICAL OR FUNDALMENT VIEWS? ONE OF MY TECHICAL FRIEND SUGGESTS LAXMI MACHINE , SHIPPING CROPORATION, GE SHIPPING AND TATA ELXI WILL TELL WHICH IS THE BEST???
Ramesh Damani : I like Elxsi and trade in GE Shipping.
HiDamani : SIR , U ALSO SUGGESTED KSB PUMPS B4 BUDGET, I PURCHASED AT ARD 100, AS A TRADING BET CAN I EXPECT A MODEST GAIN OF 15 % IN SHORT TERM
Ramesh Damani : I think so.
parishilton : the sonis of logix recently made pvt placement to themselves do yu know at what priceand has thier izmocars product been bought by any new customers
Ramesh Damani : They did not finally take the shares. Izmo cars is doing well this year. I own Logix.
timon : sir what do you think about the old economy stocks in general. Will they appreciate in next six months
Ramesh Damani : Too broad a question to answer.
Amit1 : Godrej IND : is it not moving as there is no interest in mid cap . but it looks excellent buy and they have got sops in budget also . Do u see this in 3 figure in times to come
Ramesh Damani : I would hope so.
mayajk : what are your favourite stocks in textile asking third time


