Tuesday, November 29, 2011

Chat Transcript with Deven Choksey, KR Choksey Securities

Chat Transcript :

laltu1959: Pipavav DOC & Cairn India be a good investment bet now? 
Deven Choksey: Cairn India is looking to accumulate at this price, The company is waiting to receive approval for ramp up in production 

nicos: Hi Deven, what is your call on L&T 
Deven Choksey: Avoid taking fresh positions in L&T, if your are already holding it hold it for medium to long term 

rvcat: Dear sir, after such a huge correction can we have your opinion on Sterlite Tech? Any other stock you think can be a multibagger? Regards Venkat 
Deven Choksey: sterlite tech is fundamentally good company.I think bad days are over for the company and revival in the orderbook will boost the top line going ahead. At this point of time, the stock is available at attractive price. 

11121981: what do you think about TATA motors will go below Rs. 170 this week??? 
Deven Choksey: It will all depend on the domestic Auto Motors expected tomorrow 

tejusashi: Namaste Sir, Please advise us on deepak fertilizers for a medium term 
Deven Choksey: Deepak Fertilizer looks good with a 1 year perspective Tgt would be Rs 175 

mumbai.com: hello sir, nice to see you again. what is your take on GMR Infra. When it will stop falling . My avg price is Rs 49. will it come back and test Rs 50 in 2012. thank. 
Deven Choksey: GMR Infra is highly leveraged and is facing coal linkage problems for power projects causing structural problems in the business model. wait for a reasonable level and exit 

vijaybansal1981: Hi Sir!! Please let me know your view on Tecpro Systems now. Holding it since more than a year @355/-. Should i exit? I can hold it for 1 more yr 
Deven Choksey: hold the stock for a year 

jsachdeva: Respected Sir, Please suggest few value buy in midcap pharma space for investment purpose. Is Dishman Pharma fit into it? 
Deven Choksey: Dont buy Dishman now as facing order issue from MNC players...I am bullish on Glenmark for one year perspective... 

soumenkesh: good afternoon sir, i am long term investor , can i hold CAIRN INDIA for 8-10 yrs ? i have 850 @ 356 
Deven Choksey: yes , it is good long term bet. The company is having strong reserve base of Oil & Gas asset. which will give better return with increasing crude prices 

deepak_23mba: Hi Sir - Please share your view on GVK Power and United Phosphorus. I have bought a future of GVK and United Phosphorus at 13.75 and 146 respectively. 
Deven Choksey: united phosphorus can be held with a medium to long term perspective for a Rs 200 plus target 

kumaravel_tpt: Hello Sir, I am Long in IBREALEST future @ 65. what is ur view for this series, ur advice pls... 
Deven Choksey: sell around 67.50 to 69 levels 

yogsrt: I HAVE BF UTILITIES 200 @ 355 HOLD OR EXIT 
Deven Choksey: exit at 381 

guptaash8: Gud Afternoon Sir, Please suggest me Abt Renuka Sugar i have 600qty @75 
Deven Choksey: avoid averaging, cost is too high, 1 year target can be Rs 50-55 
laltu1959: Pipavav DOC & Cairn India be a good investment bet now?
Deven Choksey: Cairn India is looking to accumulate at this price, The company is waiting to receive approval for ramp up in production
nicos: Hi Deven, what is your call on L&T
Deven Choksey: Avoid taking fresh positions in L&T, if your are already holding it hold it for medium to long term
rvcat: Dear sir, after such a huge correction can we have your opinion on Sterlite Tech? Any other stock you think can be a multibagger? Regards Venkat
Deven Choksey: sterlite tech is fundamentally good company.I think bad days are over for the company and revival in the orderbook will boost the top line going ahead. At this point of time, the stock is available at attractive price.
11121981: what do you think about TATA motors will go below Rs. 170 this week???
Deven Choksey: It will all depend on the domestic Auto Motors expected tomorrow
tejusashi: Namaste Sir, Please advise us on deepak fertilizers for a medium term
Deven Choksey: Deepak Fertilizer looks good with a 1 year perspective Tgt would be Rs 175
mumbai.com: hello sir, nice to see you again. what is your take on GMR Infra. When it will stop falling . My avg price is Rs 49. will it come back and test Rs 50 in 2012. thank.
Deven Choksey: GMR Infra is highly leveraged and is facing coal linkage problems for power projects causing structural problems in the business model. wait for a reasonable level and exit
vijaybansal1981: Hi Sir!! Please let me know your view on Tecpro Systems now. Holding it since more than a year @355/-. Should i exit? I can hold it for 1 more yr
Deven Choksey: hold the stock for a year
jsachdeva: Respected Sir, Please suggest few value buy in midcap pharma space for investment purpose. Is Dishman Pharma fit into it?
Deven Choksey: Dont buy Dishman now as facing order issue from MNC players...I am bullish on Glenmark for one year perspective...
soumenkesh: good afternoon sir, i am long term investor , can i hold CAIRN INDIA for 8-10 yrs ? i have 850 @ 356
Deven Choksey: yes , it is good long term bet. The company is having strong reserve base of Oil & Gas asset. which will give better return with increasing crude prices
deepak_23mba: Hi Sir - Please share your view on GVK Power and United Phosphorus. I have bought a future of GVK and United Phosphorus at 13.75 and 146 respectively.
Deven Choksey: united phosphorus can be held with a medium to long term perspective for a Rs 200 plus target
kumaravel_tpt: Hello Sir, I am Long in IBREALEST future @ 65. what is ur view for this series, ur advice pls...
Deven Choksey: sell around 67.50 to 69 levels
yogsrt: I HAVE BF UTILITIES 200 @ 355 HOLD OR EXIT
Deven Choksey: exit at 381
guptaash8: Gud Afternoon Sir, Please suggest me Abt Renuka Sugar i have 600qty @75
Deven Choksey: avoid averaging, cost is too high, 1 year target can be Rs 50-55

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