dear BSR,

Good you changed your stance finally when you said `Genuine LT investors who have done HOMEWORK will get enough TIME for BUYing! Market is not going to go UP in HURRY `.

You are 100% right.

This is what i have been telling people since July 2008.

Markets dont need to tell us before they go for another bull run.But the macro fundamentals will always give a very clear picture about the LT investment.

Modern management( read as American management) theories tought about optimism.

But forgot to teach the difference between pragmatism and pessimism.

It is the machines which use crisp logic for any kind of question.But in reality crisp logic fails.If i have to give an example..

q)Is it very hot?

ans)NO

That NO doesnt necessarily indicate `very cold`.

It might just mean any of the below

1)Moderate Hot

2)Neither hot nor cold.

3)Moderate cold.

4)very cold.

In this kind of situations, crisp logic fails.This finally lead fuzzy logic which implements better and intelligent algorithms so that the machine which runs on crisp logic arrives at a better and realistic conclusion which will be more closer to the real answer.

However human brains are naturally capable of performing fuzzy thinking which makes them more efficient than machine.

Surprisingly the same human beings who introduced fuzzy thinking in to machines with the help of complex algorithms started neglecting their ability to use that fuzzy logic in their day to day scenarios.

If something is not optimistism,it doesnt need to be pessimism either , b`coz there is something called pragmatism between optimism and pessimism.

regards...

dear vkk,

I understand that it can happen to anyone else`s msgs as it did happen to my msgs.

I agree with your views about the intentions and limited thinking horizons of those who do it.

MMB participants are just like a droplet in the ocean and the day these people realise it, things will start improving.

I learnt to live with it as you did.

regards...

dear vkk,

It has happend many times earlier that too in case of some important msgs. In July 2008, i posted that 15600 to 15800 will be the sensex upside cap for August.That was deleted with in no time.

Long back i approached MOD, but he didnt reply.

Thanks for your response.

regards...

dear sourav,

For the past 3 months,these companies are having severe problem in getting their pending bills cleared.

Fiscal situation is getting worse every where.Deficit got doubled compared to budget estimates due to higher crude prices, election sops, implementaion of pay commission recommendations etc.

Under these circumstances GOVTs wont have any option except to cut down the capital expenditure as they cant cut down the revenue expenditure.

Fiscal situation became so severe that nothing can be done in the next 18 months.

Earlier there was a hope about invoking the price escalation clause for margin protection.

Now the present circumstances suggest that, investors of these companies may have to bear with lower topline growth or even a flat topline or even negative topline at times.But situations may improve after 18 months or so basing on how well fiscal deficit is handled.

Hope you got it dear.

regards...

dear sourav,

Hey where did i say global recession is permanent.Just if your time permits, pls go through msg once again.

Due to mounting fiscal deficit, govts are unable to pay the bills for previous months.Fiscal deficit is reaching alarming levels. In such scenarios, govt will be forced to postpone the proposed capex which is going to affect both top line and bottom line in the next 18 months or so.

I was only talking about this problem.Pls check the subject line.. where i said ` be cautously optimistic`.

regards...

dear pkk,

You are right.We are yet to witness the bottom.This process will take time.

These rallies will only fool the retail lot.

Going forward even the trading becomes riskier and many traders will become forced investors.

Unless the results surprise on positive side,expecting anything above 4100 levels in Nifty may prove to be a costly mistake.

regards...

dear jed,

Wait and watch.. the next 18 months is going to witness very less spending on infra related activities.

How ever after after 18 months, infra stocks may start doing well.

But realty is getting ready for a very long rough phase.

regards...

Well said and nice message indeed. Thanks....

Their thinking is so narrow that you can only laugh at them. One day definitely they will realise it. All hv to live with the circumstances they are in....

If I tell you, you will not perhaps believe me but it is a fact that at least 10-20 msgs,posted by me, are deleted every month and there hs been no action from Mod despite repeated requests. So we hv to live with it, if we want to post msgs on MMB. Now I tell you why msgs are deleted by boarders here. Some people hv got vested interest in some of the shares about which msgs are posted by boarders here. They have a wrong feeling in their mind that if a boarder posts a msg which is against their interest, perhaps the share will go down sharply or go up sharply against their market trading positions. But they are totally wrong. They must understand that by a few msgs posted here on MMB against their trading position by a few boarders, the price of share does not go up or down at all. They should also not forget that not many give much importance to the msgs posted here on MMB because everybody will take his independant views depending upon his financial position and time horizon after reading msgs over here. Once they understand this, perhaps they will stop deleting msgs from MMB. Hope good sense prevails on them....

No no Novice1000... I am not saying anything against what you have mentioned... I was just adding to your words. But yes, fiscal deficits would be something which would impact the PnL accounts of these contructions players... Where did you find this info by the way? regards, Sourav...

Dear novice1000 and ibrar What you both say is true. Now I understand. Indian people are trying to bring liqidity into Indian market for the safe exit of the FIIs. This is the sad story and even me glamoured for a such step in my messages. Now I clearly understand the market dynamics and I will act accordingly.Thank you for your kind messages and I thank the MMB for giving me an opportunity to interact with such kind nice people. aahoo...

I think you should also approach MOD for this deletion and to let u know the name of the Boarder, who has deleted yr msg and why it has been so deleted....

IVRCL Infrastructure is a strong Bonus candidate. For the face Value of Rs.2/- it has a book value of Rs.120.06. It`s got low equity base of Rs.26.7 Crores. Last bonus was given in 1999. Every Year the Sales and Profit are increasing in multiples. More over this scrip has got excellent order book in Infrastructure Projects. So this is one of the best buys.Keep accumulating this scrip at low levels without worrying the falls....