When to invest?

Hi devotee...by investment you mean into stocks or mutual funds...

what your friend would have meant would have been the market was at a high last week touching new levels of 20k..and also very volatile...that it was a selllers (booking profit...) and not a buying market...

but from an investor point...you cannot time the market...if so nobody would have losses right..it is more on how much of a risk taking capacity you have.

start with a small amount. study the market, the companies you like...then the analysis of whether that company is strong fundamentally...and also whether you are looking at short/long or easy profit...

all the best....

 

You can invest any time.To think about the markets whether they are going up or down is not for the beginners.What you need now is some surplus money and the right BOLDNESS TO VENTURE.
Dont enter into the markets thinking that you can make a fast buck within a few days.Safe players do not have such views.
What I can suggest to you from my market experiance over the past 30 yrs or so....buy some scrips which will be safe for you always.This can be your first step.As you get hold of these scrips then you will learn how to keep a track on them.First timers need not speculate unless and other wise they have some one who is Trust worthy and very knowledgeable.
To day market is very big and there is a big flow of information on all matters.So one has to pick and choose.
I will suggest you to buy Sundaram Fastners .I am a shareholder in this company for the past several yrs.Apart from Good regular Dividends this company comes out with good bonus issues.It is ISO rated company with professional management.Recently they have ventured into Chinese market also by opening a Factory there to take advantage of the cost.This will add to the companys kitty soon which inturn will benefit the shareholders.Sundaram fast...is qouting @Rs.48/-now .This is a very good buy @ this price.buy 1000 shares at regular intervals as and when the share comes down.
Hold it for the next 2-3 yrs and see how you are benefitted.
Pammor.
Please go thru this links also:
1.http://http://chennaionline.com/chennaicitizen/1999/sundaram.asp
2.http://http://www.sundram.com/pdf/Annual%20Report.pdf



CAUTION:
check with the forum poster for the DISCLAIMER Clause.

 

Sunfast---Financial results press release

PRESS RELEASE
Sundram Fasteners Limited recorded total sales and other income of Rs. 597.09 crores for
the half year ended September 30, 2007 as against Rs. 605.02 crores achieved during the
same period in the previous year.
Export sales for the period was Rs 167.07 crores as against Rs. 186.34 crores during the
same period in the previous year mainly due to lower realisation in rupee terms due to
strengthening of rupee against U.S. Dollar and softening of U.S. market.
Domestic sales, net of excise duties, increased to Rs. 429.40 crores (Rs. 417.84 crores)
despite slow down in Heavy/Medium commercial vehicles sector and the slump in sale of two
wheelers.
Gross Profit before interest, depreciation and provision for taxation was lower at Rs. 80.23
crores during the period (Rs. 101.78 crores) on account of lower realisation on exports and
increase in cost of raw materials and other inputs.
Operating expenses were at Rs. 516.86 crores (Rs. 503.24 crores). Interest charges was Rs
12.95 crores (Rs 12.89 crores). Exchange fluctuations on foreign currency loans resulted in a
gain of Rs.17.72 crores as against a loss of Rs.10.69 crores in the previous year.
Depreciation for the half year was Rs. 16.81 crores (Rs. 14.67 crores). The provision for
taxes, inclusive of Fringe Benefit Tax and deferred tax, was at Rs. 22.18 crores (Rs. 20.07
crores).
The net profit after tax was higher at Rs. 46.0 1 crores (Rs. 43.46 crores). Earning per share
(on face value of Re 1 per share) for the half year amounted to Rs. 2.19 (Rs. 2.07).
The Company has established a state of the art facility at Special Economic Zone in Mahindra
World City near Chennai for manufacture of hubs and shafts, to cater to the requirements of
major export customers. The Unit is on regular production stream from 1st September, 2007.
The Company has also commissioned the Project at Rudrapur, Uttarakhand State. The Unit
awaits statutory clearances for commencement of regular production.
The Board of Directors has decided to pay an interim dividend of 0.45p per share (45%) on
the equity share of the Company.​

**********

 

Thank you pammor for the gr8 info...:bowdown
I'm also a beginner and want to invest in stocks with a rs50-60 range...sundaram... the suggestion u made seems to be awesome..(Of course I know I have to invest on my own risk).Do you have any other recos?

I know the pain in researching abt a company b4 investing..and you have made it very easy for us...

Can you suggest me some websites that I need to look into as a beginner?is there any website where the different analysts and experts rate a stock?

What are the factors to be considered to make the right move?

Your response would be very much appreciated.

 

I just shared you the information available with me.I am not a professional in this field as there is big crowd of professional money makers.I am a safe playing investor looking for long term appreciation of my investments.As a share holder of Sund.Fast I was able to give you detailed info.It may not be possible to give you site details as I dont know much of that.Working professionals can only help in this regard.:goodidea:will be to look at our other friends who are well versed with this.
regards,
Pammor.

 

hi devotee,

MF's again you have to understand the working of it...what is the percentage on exit and entry load..and all...we can discuss this in detail in a day or two


right now too busy with my DD who has slipped on the stairs and is being treated for ligament tear.....

will come back....and will explain about mf, working, how to read the fine prints may be as a new thread.....

 

Hi all
can anyone give me info on ESSAR OIL...THE SHARE IS skyrocketed in 3 days!! i hold soem shares...is it better to sell it?