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| Transcript of Chat with Mr. Dipan Mehta, Director, Dipan Mehta Shares & Stock Brokers - 3rd Dec 2001 |
[04:42:26 PM] => Myiris : Welcome to the live chat session.
[04:43:05 PM] => Myiris : Our guest, Mr. Dipan Mehta, Director, Dipan Mehta Shares & Stock Brokers, is here with us.
[04:43:16 PM] => DISCLAIMER
[04:43:32 PM] => Mr. Dipan Mehta is the Director, Dipan Mehta Shares & Stock Brokers. At the time of this conversation / chat, Mr. Mehta may or may not have positions in the stocks mentioned below, although holdings may change at any time. The views expressed by Mr. Mehta is based upon information that he considers reliable, but does not represent that it is accurate or complete, and it should not be relied upon as such. Mr. Mehta, his company and its affiliates, officers, directors, partners, and employees may, from time to time, have long or short positions in, buy or sell and deal as principal in the securities, or derivatives thereof, of companies mentioned herein and may take positions inconsistent with the views expressed.
[04:43:49 PM] => None of the information contained herein constitutes, or is intended to constitute a recommendation of any particular security or trading strategy or a determination that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. You should consult with and rely upon your own advisors whether and how to use such information in making any investment decision.
[04:44:07 PM] => Lastly the views expressed by Mr. Mehta have no bearing whatsoever with that of IRIS Ltd. IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website www.myiris.com.
[04:44:15 PM] => Welcome to the chat session Mr. Mehta.
[04:44:52 PM] => T D Joshi : In light of consolidation in the cement sector, is it worthwhile to pick up Shree Cement & Mysore Cement at current levels? Or else suggest cement stock that you feel is worth picking up at this juncture?
[04:45:19 PM] => DM : No, its better to pick up large cap cement stocks, such as ACC, Gujarat Ambuja and Grasim. The larger companies will be the major beneficiaries, of consolidation in the cement industry.
[04:45:47 PM] => T D Joshi : Which media stock would you recommend to be picked up at this juncture for a gain in 3 to 6 months term? Or do you suggest to stay away from market till some downward correction is seen?
[04:46:19 PM] => DM : Generally, investing in media stocks is slightly more risky because of the absence of good quality managements. However the sector is really exciting and one can look at investing in large cap companies such as Zee Tele and Balaji Telefilms.
[04:46:52 PM] => Dcosta Joseph54 : To buy or not?
[04:47:04 PM] => DM : Buy gradually. Don�t be in cash.
[04:50:11 PM] => Nini 2002 : How are G V Films & Himalya International?
[04:50:27 PM] => DM : If you are a small investor, be with the large cap companies. Don�t have much idea about these companies.
[04:51:28 PM] => Nini 2002 : Is it worth to buy G V Films at Rs 7?
[04:51:53 PM] => DM : sorry, No idea.
[04:52:18 PM] => Jbist : Tell me five shares which are going to be multi-baggers in the next one year?
[04:52:42 PM] => DM : I�ll give you 5 stocks , but give them more than a year. Moschip Semiconductors, Geometric Software, Sankhya Infotech, IBP and Polaris Soft are good prospects. These stocks can go up 3-4 times over the next 30 months.
[04:53:05 PM] => Dipanvimawala : Should I buy Zee Tele at Rs 133 level for the medium term?
[04:53:19 PM] => DM : Yes.
[04:53:37 PM] => Haarrish : What about Silverline, Himachal & Penta?
[04:54:00 PM] => DM : There are better options within the sector. Such as Infosys, Satyam and Wipro.
[04:54:30 PM] => Babu Rao : Can I sell off my Bajaj Auto shares? Is it the right time?
[04:54:58 PM] => DM : No, wait. The company is just about getting its act in order.
[04:55:22 PM] => Aparajith_b : People say Infosys shares are highly valued. Is it true?
[04:55:49 PM] => DM : No. The stock is currently trading at 34 times last 4 quarters cumulative earnings.
[04:56:14 PM] => Anjan Mehta : Why rate of Hitech Drilling is about 1.5 times more then Aban Lloyd price? Is something going around in Hitech Drilling? Would you advice to buy?
[04:56:51 PM] => DM : Quality of management of Hitech Drilling is far superior than that of Aban Lloyd.
[04:57:21 PM] => Husain_3 : Hello sir, I want to know how to deal with the shares on line? Please tell me. Thank you.
[04:57:59 PM] => DM : There are lot of brokers offering online services, such as ICICI Direct and Geojit Securities.
[04:58:12 PM] => Jisiva : How will the market be for coming days?
[04:58:36 PM] => DM : Flat and range bound.
[04:59:00 PM] => Ram32 : Where do you see the markets in at the end of FY2002?
[04:59:24 PM] => DM : Around 4000, subject to there being no more upheavals.
[04:59:59 PM] => Sanjayn: Please give me one good pick each from Pharma and FMCG?
[05:00:19 PM] => DM : Ranbaxy, ITC
[05:00:40 PM] => Manish90 : Do you think this rally is for real?
[05:01:22 PM] => DM : Yes. I am encouraged by the width of the rally.
[05:01:40 PM] => Neeraj : Which sectors do you think will do well in the future?
[05:01:57 PM] => DM : Focus on infotech, pharma, petroleum and cement.
[05:02:24 PM] => AshokM : Sir, Is Silverline a good buy?
[05:03:12 PM] => DM : I would rather wait and watch. The company is presently undergoing significant restructuring. Lets wait for the effect of the restructuring.
[05:03:55 PM] => Raghu J : Hello Sir, I have invested a lot in media scrips? Do you think its worthwhile?
[05:04:19 PM] => DM : Yes, but you�ll have to watch the stocks closely. I would advise you to even diversify into other industries.
[05:04:40 PM] => BR : Where is the support level for Grasim Ind?
[05:05:13 PM] => DM : Sorry. Don�t follow technicals. Downside risk is 20%.
[05:05:32 PM] => BR : Your views on Trigyn Tech?
[05:06:11 PM] => DM : Avoid.
[05:08:41 PM] => Ram Naik : Sir, what is your views on L&T?
[05:08:53 PM] => DM : Very valuable company, not managed as per market�s expectations.
[05:09:07 PM] => Sanjay -76 : Which stocks do you think will pick up in the future?
[05:09:35 PM] => DM : One should focus on software, pharma, cement and petroleum.
[05:10:01 PM] => CA2001 : Sir, Do you think tech stocks are back in the reckoning? Or is it another scam waiting to happen?
[05:10:31 PM] => DM : No, I think tech stocks are back in the reckoning.
[05:11:05 PM] => Rajiv Sadanand : Hello Sir, Please advise me on three scrips to invest short-term medium-term and long-term?
[05:11:36 PM] => DM : Difficult to classify stock picks based on short-term, long-term, medium-term. But I like Infosys, Moser Baer, Geometric Software and IBP.
[05:11:44 PM] => Sanjeev : Views on Gujarat Ambuja Cements?
[05:11:59 PM] => DM : Positive outlook.
[05:12:10 PM] => Reds : How long do you expect the current rally to last?
[05:12:20 PM] => DM : Forever I hope.
[05:12:30 PM] => Manohar : Does FMCG sector look attractive?
[05:12:42 PM] => DM : Not really. With the exception of ITC.
[05:12:51 PM] => SM 22 : What do you think of Digital Eqps?
[05:13:02 PM] => DM : I am positively inclined.
[05:13:12 PM] => SNS : Name one good Birla group scrip?
[05:13:20 PM] => DM : Grasim.
[05:13:31 PM] => Madhavan : Where do you think the cement sector is headed?
[05:13:40 PM] => DM : For better times.
[05:14:11 PM] => Ntc : sir, I am holding shares of L&T and Satyam. As per the current market price I get 30% profit if I sell them? Please let me know what is your opinion to sell or to keep? Is there any chance of further rise?
[05:14:24 PM] => DM : I would advise you to hold both stocks.
[05:15:11 PM] => Jassi 210 : Sir , I have just started trading, so please suggest me what should I buy as a short term investment, and please tell me how should I analyse a company for short term and long term investment , also guide me which sector will be leading in future , my stocks are pentasoft, sonatasoft,shyam tele and cyebretch please comment how these stocks are? Thanking You
[05:15:26 PM] => DM : I would advise you to avoid trading. Better to invest in good quality stocks.
[05:15:40 PM] => Mitesh : What growth rates are you looking for IT co's in next two to three years?
[05:15:48 PM] => DM : 25 to 30 per cent.
[05:15:59 PM] => Mitesh : Mr Mehta, do you think that there is a change in IT companies prospects in last two months?
[05:16:07 PM] => DM : Yes.
[05:16:32 PM] => T D Joshi : Indian cement, Shree cement, Mysore cement, are these scrips worth buying at present levels? T D Joshi : Indian cement, Shree cement, Mysore cement, are these scrips worth buying at present levels?
[05:16:41 PM] => DM : No, I Would advise you to buy large cap stocks such as ACC, Gujarat Ambuja and Grasim.
[05:17:14 PM] => Myiris : Thats the end of today's chat session. Thank you all for your participation.
[05:17:40 PM] => Myiris : We thank Mr. Dipan Mehta for his time and insights.
[05:18:11 PM] => Myiris : See you all at our next chat session.
[05:18:25 PM] => Myiris : Till then bye from us.
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