Monday, April 30, 2007

Mumbai Investor Meet - Nishit Vadhavkar

We had an interesting discussion on stock ideas this Sunday.
The consensus amongst the members was that stock picking has indeed become difficult in current times. The market has now become very stock specific which underscores the need for more interactions amongst members.
Vipul our analyst with Edelwiss met the management of Crisil and was convinced of its long term potential. He also is strongly bullish on Pantaloon Retail.
Sunder Rajan sir was bullish on two off beat scrips Tripex and Sukhjit Starch.
I made a presentation on GE Offshore reccomended by Vijay Sir. We tried to understand the working of the company and the high entry barriers made it a compelling buy at lower levels.
Siddarth continues to remain very bullish on KLG Systel having closely studied the company.
FMPs were considered to be an attractive option offering in excess of 10 pc returns for a short period.
Vipul also provided a list of conference calls numbers where individuals could pose questions to managements.

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