Wednesday, December 28, 2011

Chat Transcript:Deven Choksey: 27 Dec

Chat Transcript :

Deven Choksey: Good Afternoon All...
cnu2609: Sir,Please suggest is it good to buy Kingfisher Air stocks now?
Deven Choksey: They have very high debt and dont even have money to run their business on a day to day basis, there is no sign of revial or any strategy except statements made by Mr Mallya. I would suggest to be away from this company.
aganpat: sir, i have spicejet@48 and ub holding@220 Rs. can i average them at CMP? pls advise!
Deven Choksey: Spice jet one can average as the company has one of the best business model in the airline industry. UB holding the problem is that UB group itself is into problem so one never knows what type of adjustments will be made by the promoter. So be away.
kumarrajesh21: How much time do you think market will take to reach 18000
Deven Choksey: May be next 6 months to an year
chinmayi_d: I have 100 Maruti @ 1000. I have belly for another one year. Pl suggest strategy.
Deven Choksey: MAruti looks interesting at these levels and with the interest rate peaking out, I think it is a good buy at current levels for an year perspective. Also the union thing has been sorted out so it should do well.
krish.deokar: Dear sir, your view on ICICI at CMP for next 1 year?
Deven Choksey: Expect a 20-25% upside in a year. Also in the banking space we like Axis Bank and Indusind bank from the private sector space.
pavitra_gupta: sir i have purchased 300 shares of bank of india in 425,pls suggest in the current market as i have to hold or leave pls suggest
Deven Choksey: In the banking space we prefer private sector banks like Axis, icici and indusind and in public we like sbi and pnb. so would advise shifting to this companies rather than boi.
zuzu1979: heidelberg cement fundamentals ??
Deven Choksey: Looks good, a debt free company with good amount of cash on the books. Plus with stable cement prices should help improve profitability
ksandipan: I bought bartronics at Rs 270/-. now it is trading at Rs. 25/-. What to do? Should I try to average?
Deven Choksey: Dont average.
devarsh007: i bought larsen and turbo at 1000 what should i do ?
Deven Choksey: If a long term investor than please hold. Very good company bought at reasonable price so should make money.
krish.deokar: dear sir, you view on MOIL. have 50 shares at IPO price.? should i buy more and average or just hold on. i have 2 years time horizon.
Deven Choksey: I think in case of Moil u can average as there is limited downside and company is a debt free company and has Rs 1800 cr cash on a market cap of Rs 3800 crore so a limited downside and more upside.
kumarrajesh21: What is your view on Akzo Nobel? i hv purchased shares at900 rs on your reco but it is falling down regularly?
Deven Choksey: The result for Akzo nobel were not as per expectation and i would like to see the next quarter result before taking a fresh call. If u have the shares u can hold but dont average.
snsdhar: Which sectors / stocks would you bet on for the new year 2012 ??
Deven Choksey: Auto, capital goods and Banking are the sectors that i would bet for the year 2012.
Deven Choksey: Thank you all and wish you all a Happy New & a Prosperous New Year in advance.

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