Stock Ideas

[vijaythanvi]

I am very much confident and bullish on this stock in construction.

Era Const came down from 520 to 360,nearly 30% and now down side is very limited, if we see past track, in market crash (Apr-May06), same story happened with this stock it came down nearly 280 from 480-90 and then again it has gone up to 550.

so it is good buying opportunites in this counter, fundamentally co is very strong, now only coming down on news and speculation but when market will start to go up on value buying base, this share will go up very nicely.

[sanjugalande]

its 6% down
should wait 4 further slide?

[vijaythanvi]

Yes.

If you have short term startegy then you can build positon by accumulating method (see bull's article how to buy in falling market in this same board posted by him).

Or if you want to invest mid to long term then wait slightly and try to buy at 340-350, I don't hope this share will come down now this much, only scenario if maket corrects futher 500 points level from here otherwise ones this share start upward march, will go anything like.

But keep watching now since market has not clear direction due to Budget movement, anything can happen in this will like rollarcoaster, so end of week decide becuase this sector is now down trend due to lot of reasons, so wait when it bottom out (for that you can have time to time lot of expert views on various sites).

So just wait before entering in this sector and counter.

[Guest]

mkt dwn 540 pts
wait or buy?

[Guest]

[vijaythanvi]

I recommend just wait becuase Market is not given clear direction wheter it will have more downside or it has finished.
Today this stock is at lower circuit, shows more downside can come if market made further slide becuase Market has broken all the support and can go down more then you can lot chearper this stock.

If you read my previous post where I mentioned clearly that if market comes down 500 points (form that post onwards) then you can have this stock between 340-350 and that position is there now but one thing you can judge when before yesterday this stock recoverd from 348 to 371 and then yesterday gone upto 389 means this stock is have lot of strength, so this is market performer when market will start it uptrend then go to buy that what I can suggest otherwise wait littile but to get support this share.

Other side some of negative things happen in construction sector if you see today all the big company shares fall down misreably, like Gammon down 20% lower circuite, Hind Const at bottom level, IVRCL Infra, PunjLoyad, Nagarjun Const etc means sector is going down which I mentioned in my previous post that Cement and Construction secotr will have more downside in future.

So my sincere advice wait for littile more time when short term memory will wiped off then these sector and share will start uptrend and they will come up with the same rythem.

I advie as per my best knowledge and experience but what Market says and what your confidence says do that becuase ultimately it is your money which will give you profit and loss, so always I am saying before working on any tip or advice you should have your sound research and confidence.
And it is not necessary if we say that this stock have target this that will happen vice versa wrong can happen also, that's why this market called very risky where you can earn 500% or you can loose 100%, high risk rewarded area, anything can happen, it depends on your risk capicity.

[Gagan]

I bought these shares at 323 thinking that it shouldnt go below this level.
But the stock has already reached 316! What are you recommendations as I see the slide to be freely slowing.

[vijaythanvi]

Dear Gagan I repeatedly posted that Construction and Cement sector will be down in the future, if you read my previous posted comment.
Yesterday on this post I advice that should wait unless stock doesn't show uptrend.
When I posted Buy Era Const since then I strongly recommended that wait till end of week (in this same week in begning I told same) and decide whether you should enter in this stock or not.
And alos I told that since Market has broken all the support and not showing uptrend so be caution (you can see my posted comment in Cuation in the Market).
Same time I told if you short term Strategy then you enter in this counter and whenever rally will come you wil have profit becuase this is now Market performer.
If you see Market almost fallen nearly now 2000 points and construction sector already started downtrend because of Budget tax expention policy from construction sector so in short term this is natuaral thing, if you see in the same sector all the shares are falling like this.

And one thing always I am telling that don't go immediately on tip and advice, search from your end deeply and if you have confidence in the stock then decide becuase this is your money and you are the right decider.

But one thing I want to tell that no need to panic becuase this company is fundamently so strong and when Market will start uptrend (Market never have one way trend) then same share will run upside like bull, you can track past record only this time it will take time becuase short term some negative impact is there but I am sure Construction and Cement sector cannot keep quite becuase these sector are very strong and they will come up, so be patienance and give your stock time to grow.
Don't hope that today you bought stock and within 3-4 days it will give your 30-40% returen. You has to wait, you enter at 323 it is not so high level in this stock, people entered at 490 or 525 level but they has to wait.
No expert can give 100% sure tip and advice in this Market becuaes Market works his own way.
But one thing I can tell that you bought this share which is very valuable buying and fundamently so stron share.

At last I want to tell one thing that if you have trading strategy then you should keep stop loss target and you should exit and if you invested for mid term to long term then no need to panic.

In future if you get any recommendation or advice or tip, please I request you that you should do deep research on this stock before buying becuase at last you are the guy who is putting his money to take gain or loss.

We recommend always fundamental strong share as per the past track and experience alwyas to get benifit but sometime if things are against that then you has to wait becuase in this Market you can gain 500% same time you can loose 100% becuase this Market is high risk market.

So eigther you should have enough knowledge about Market to trade or invest in secondary market otherwise you should invest in Mutual Fund.

If you are investing in this Market you should have enough holding power.
And it is not necessary that all the time you will earn in this Market, sometime you has to loose both are the part of game.

But in this counter at last I want to tell you that this is the best and fundamental strong pick in this sector compare to other stocks so no need to panic.

And as per me you have not enterd at very high level in this counter becuase now this stock have very downside but there is lot upside left out.

Last I again request you that any recommendation,advice or tip is part of the Market game, so many expert, analysist or guys will recommend so many thing but as I told you it is your own risk to buy and sell not any particular person or site.

My one of friend bought Hindalco at 210 on the base of his broker recommendation before 8 month but till date he has to hold that stoc becuase due to so many reason today stock came down at 137 and my that friend hold in huge quantity this stock and now see every broker and so many guys are recommending this stock in very strong way but tell me what my that freind should do, if he sell he has to book huge losses which is around more than 30% in huge amount, so he has to hold that and that is sure co is very strong and will come up in the future, so he is not panic for that but certainly his capital got stuck and he will not gain before 6-12 month anything in this stock, so this is the part of game and will continue, you has to otherwise you should invest in MF if you want to invest in Equity Market.

[GaganG]

Hi VIjay,

I understand what the message you are trying to give here and I believe what you said is very fair. End of the day it is my money.

I am still a newbie ( Well not that new) but not an expert and have been making profits on energy, IT and pharma stocks. This is my first time on construction stocks and just took the gamble based on your info.

THanks for you inputs and as I reserach this company, I think you are correct. It has strong potential.

Keep doing the good ( and actually worthless) work by posting all your expertise.

Cheers and thanks for the good job,
Gagan

[vijaythanvi]

Thanks for your apprication.
One thing I couldn't get that doing good work but it is worthless.

One thing I can tell definately since I am not authenticate known broker, I just put one recommendation and advice and you took gamble on that and bought.
I can tell sure that you have enough experience in the market otherwise Era is not well known sensex share, which anybody will buy only on one recommendation which is recommended who is not known by single person in the Market.

I want to request that don't take any gamble eventhough it is recommended by any known broker becuase gamble is always gamble, we never recommend to gamble anything here, we recommend to invest in good fundatmental stock but it is not necessary that recommended share is the guarantee in the future to give only profit.

So always I am telling that if you have enough confidence in the stock which you are buying then buy and make always deep research on that stock, if it is really fundamental strong share (not tainted or manuplated co) then buy, at last your decision wii be better then any other else becuase you are the real guy to do trade or investment in the Market.

I myself does lot of activity in the market and makes so many time gains and losses.

On this board I found that best knowledge and experience can be shared with each others agn can gain lot of informations without wasting time on the web sites etc.

I am doing good work or not that is not conceren what I got experience in the market when times comes I explore and that is not guarnatee that my experience, expertiese or best knowledge will be repeated if you utilize that.
I am doing same thing whenever I see good discussion or tips or advice on any good stock, I research that from my end fully, I monitor that share at least one week or ten days in my watchlist and see how share behave in the market and then I decide whether I should buy or not.

My only efforts that if we can get each other advice and experience that is much better becuase in this huge market alone cannot search all the things.

And I thanks this board too much that it has given opportunites to all exploer their best knowledge, opinion, advice or tips, so all the guys can have benefit.

See today we are discussing lot of things and getting so many information and can track same our posted comments and all the data becuase of this board.

So we are trying to make one team on this board through all the members and main aim is to put best efforts to give gain each other in this market through the investment.

I hope you will continue to post your valuable opinion,advice and experience to give us benefit.

Thanks.

[vijaythanvi]

I recommended to by Era Construction and now then this share slide littile bit.
It was that time around 340-350 and then gone down upto 284 and in last week stock recovered from that level and today in intraday trading it touched 316.

Now RBI has permitted FII Ceiling upto 40% in this stock which is very good sign for this counter.

Era slippled from 500 to 284, means share has discounted heavily nearly 30-40% and now upside seen in this share around 40-50% and downside will be limited looking at current scenario market, market is recovering well, indices are correcting itself, so in construction sector all are good share going down and Era is moving up well and Construction sector is very promising.
So once I want to tell whoever interested in construction sector can start to build long to mid term investment in this counter, in coming months this stock will give very handsome returen.

[GaganG]

I saw this post on Money Control today for "Era Cosntructions" -

BAD stock, only operator ddriven, no substance in Co. Like Atlanta, ERA promoters also paid lot of money to Mansh Marwaha to play in stock market & rig prices.The whole balance sheet is fabricated by Co like Atlanta. Watch out SEBI action on ERA Group shortly.


Anybody has more details?

[vijaythanvi]

Dear I have seen story of Atlanta and aware whole story.
But let me tell one thing that becuase of one co you cannot judge whole sector and companies.
For more detail today you can have headline at www.capitalmarket.com on Era Const and I think Capitalmarket is very authanticated web site for the Market their they have described lot of Information regarding this stock.
If you see today RBI action that they have increase FII limit in this stock and for information today stock is upper circuit also and if you track past history of this company, I don't think any wrong with this company.
And if we keep view like this then I think whole construction sector to be avoided.
In this world good and bad things is everywhere.
I posted my opnion on this stock it is not necessary to enter in this stock, it is just general opnion and I sure in coming period will see that how this stock is going to perform.
For expample Patel Engg, I track this co since last three years, was same like Era Const Model and today whoever invested in Patel Engg they got huge profit in this company.
Which thing you told can happen with any company there is no surity that's why this market is extremly risky.

At last I want to tell one thing that same speculation, borker driven and manuplation normally goes in everystock time to time.

In market News and Speculation is also strong tool to play gamble and Satta to earn money but smart investor always look opportunities to earn money and picks those stocks which moves smartly on their strength which we found in this sector in Era Const, finally it is investor or trader choice to judge, research and put their money own their risk in any stock.

If your prediction is that shortly Era will see same action like Atlanta then I think might be you having strong reason behind that and if it happens then I think you are right at your place.

My above recommednationi and post is not mean that this is guaranteed pick for future, anything can happen any time in this Market.
When Market was at 14000, all thinking was there that market will soon touch 15000 and so many people bought so many fundamental and good stocks at that level but so many stock hammared like anything, so any stock or picks can give very good returen same time can give very bad returen.