Response to comments
There have been some comments on the postings made in this site.
1.Valuations-While i do take the point that valuations is the most important element in deciding whether the pick is good or not this site is primarily intended to give leads to long term investors to do further work in the companies listed and decide for themselves whether to invest or not.However i do take the point positively and would put current valuations in perspective so that investors get more idea.
As far as HEG goes the current price goes on a expected EPS of Rs.20 for the year ended March 07 the market price is currently discounted by 8.5 times.Target price for this is Rs.450-Rs.500 over a period of 2 years.
2.Current price and target price would be listed and the investment period would be listed at the time of posting.
posted by Shridharan @ 2:09 PM
1 comments
1 Comments:
YOUR POSTINGS ARE TOO FEW AND FAR BETWEEN. THE MARKETS ARE ROCKING (WHETHER DOWN OR UP). TO REFLECT THE TIMES, HIGHER FREQUENCY IS IMPERATIVE -- NOT NECESSARILY ONLY ON THE BUY SIDE, BUT ALSO WHAT TO AVOID. FOR EXAMPLE, WITH PROJECTED 9 PER CENT GROWTH YEAR IN AND YEAR OUT, THE VALUE OF THE RUPEE CANNOT BE CAGED, AND MUST SOMETIME RISE. THAT IS THE PERIL OF GREAT (ECONOMIC) POWER AMBITION. DOES THAT MEAN I-T IS GOOD TO INVEST IN, OR BAD -- FROM THE LONG-TERM PERSPECTIVE?
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