Friday, May 26, 2006

The God of Pennies .... title shattered !!!

Hindustan Dorr Oliver went down by 78% today !!! Record date for sub-division of the shares (1:5 ratio) is Jun 02, 2006. The share price is down to 155 rupees. Strictly a no-buy. Any reasons ??

14 Comments:

Anonymous Anonymous said...

Yes da you were right in judging
it as the god of pennies.What crap
is this.The people who would have
bought into it would have lost
their sleep.Obviously those who were
on the wrong side

7:23 PM  
Blogger Ravi Purohit said...

Hi Shankar,

Today was the ex-date. Sometimes there is a difference of greater than the usual 2-3 days, between the record and the ex-date. Hind Dorr Oliver is one such case, ITC is another that comes to my mind. I am sure, no one would have lost anything because of this, but a decline in the adj. share price (adjusted for the split, ie).

--
Ravi.

7:45 PM  
Anonymous ritu said...

want to invest in a stock for more than 15 years. that stock should be a child right now which we can predict to become a giant reliance or infosys in future.
i want to know a stock in the range of 20 to 200 which will give me 10000 times return after 15 years..
shankar do you know any of such stock.

i think the stock should have low equity.
should come up on the bases of its fundamental.

apart from RPL and RNRL. i have those to stocks in my portfolio
i am holding sanghvi movers from 2000. bought 200 shares at 16rs and now its 790 rs. and still holding till 1500 rs and then bonus and then again 1500 rs and then bonus and split and soon.
thais way u make money guys

plz do find out...


shankar suggest me a company if you have any idea about it
Thank you
ritu..

8:01 PM  
Anonymous Anonymous said...

bhai saab hindustan dorr
5% upper circuit...

wrong analysis from a great analyst....

6:22 PM  
Blogger Shankar said...

No sweat. It's better to be approximately right than being precisely wrong !!!

Warm Rgds
Shankar

7:36 PM  
Anonymous Anonymous said...

down down and down by 500 points,
any picks that u find
attractive???????

1:34 PM  
Blogger Shankar said...

Will chk up and post today evening.

Warm Rgds
Shankar

1:56 PM  
Anonymous Anonymous said...

thanks for the answer.

2:59 PM  
Anonymous Anonymous said...

thanks for the answer.

2:59 PM  
Anonymous ritesh said...

Hello friend,

Below are some stocks which i have researched and discussed with my friends.I find them attractive from a time frame of five years.What do you opine about them.


first ------- tera software currently at 120..

second------- savera hotels currently at 62

third ------- ecoboard india currently at 15

forth------- EIH and EIH asscoiates both are good currently at 700 and 198.

I think all these stocks are great picks at current levels.
also i think dlink is a great stock to buy at current levels (Rs. 96)

Your views are welcome,
Ritesh.

8:07 PM  
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