ALLI - Where would be the peak ?

BenZ · 1 ALLI - Where would be the peak ? Mon May 16, 2011 4:08 pm

BenZ

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Where will it be stagnate ?

I just get into the bus @ 1300 and within few mins got some good profit. May i drop in next day Question

Rajitha · 2 Re: ALLI - Where would be the peak ? Mon May 16, 2011 4:18 pm

Rajitha

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Depends whats your situation! If you can hold I would recommend to hold this till it shows signs of downward movement or stagnating! Because it just started the run and might go up in next few coming days! OFC it helps that this is quite a bit illiquid as well!
OFC if you in hurry to cash in you can sell as if it go down their might not be buyers as closeup to the price as sellers!

Personally I have bought 100 shares around 2 weeks ago (2nd highest % spend on a stock) and I'm going to hold on until I see its peak! I have been saying who ever PM me last 2 weeks to buy this share mainly ( around Rs 900)! Who ever listened would have reaped great benefits!

Slstock · 3 Re: ALLI - Where would be the peak ? Mon May 16, 2011 4:43 pm

Slstock

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Benz,

As the rally started today given the nature of ALLI being an illquid it can go up more depending on the market sentiment and trend. Sometimes there can be pullback but then again it can again go over previous high in the following days. You might have seen this in shares like NEH, AUTO etc. I have held this from few months times patiently. So I will try to exit when the interest is over and the share is oversold.

However depenidng on your situation, if you do not want to take a risk you can monitor tomorrow and the next few days and sell if it start falling. But I feel given the trend ( thanks to gamblers also) and the results this can go up anywhere between further 10-40%
I do not want to quote a number as it might give hints to new comers that it will surely reach that number.

If you not a gambler and do not want to take a risk , then fundamentally I would value this around Rs 1600 ( based on a fair PE of 15 and EPS of 109). If you are an Investor , just note that ALLI usually report higher earings in March Quarter. So it is best not to annualize this quarter as it will be inaccurate.

Hope it helps

Slstock · 4 Re: ALLI - Where would be the peak ? Mon May 16, 2011 4:44 pm

Slstock

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Rajitha wrote:
Personally I have bought 100 shares around 2 weeks ago (2nd highest % spend on a stock) and I'm going to hold on until I see its peak!

Rajitha, 1st highest a guess would be DIMO ?

Rajitha · 5 Re: ALLI - Where would be the peak ? Mon May 16, 2011 6:25 pm

Rajitha

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slstock wrote:

Rajitha wrote:
Personally I have bought 100 shares around 2 weeks ago (2nd highest % spend on a stock) and I'm going to hold on until I see its peak!

Rajitha, 1st highest a guess would be DIMO ?

It was two weeks ago. But I sold my DIMO shares with a small profit as bought on credit (t+4 sold). So I was actually referring to KGAL as the Number 1!

IF all goes to plan I will be selling ALLI next week and buying DIMO again from that cash!

BenZ · 6 Re: ALLI - Where would be the peak ? Mon May 16, 2011 11:52 pm

BenZ

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Thanks for your advices guys.

I can hold ALLI for some times but i feel its better to get a good profit and get into a another good bus where still not Q-financials not out.

I too sold my DIMO coz i feel their results may not be good. So many big quantities were sold out last 2 weeks and i feel bad like some insider leak and it could be same like GRAN/TAFL.

@Rajitha, I was initially thinking the same like sell ALLI and buy DIMO. I feel some bad feelings like i mentioned above. what is your idea ?

Did tax hike effected to Benz and other DIMO vehicals ? I think no. Am i correct ?

smallville · 7 Re: ALLI - Where would be the peak ? Tue May 17, 2011 6:12 am

smallville

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ALLI has great potential wit the latest results, but who can predict the price range.. as much as this would climb to 1800 after market starts on Thursday, it can even fall to 1200 and climb up..
Again DIMO I see that they're gonna have a good future.. Heard that TATA Nano is on the line too.. might've got the tax increase a little hefty to address but overally at least if they can produce 100 EPS, their share a little undervalued at current price IMHO.
We can expect an ALLI like report from DIMO IMO..

Tax hike is for below 1600CC vehicles as I can remember, in that case Benz are least in affect.