coolers : Hello Sir, Sometime back in this chat you had mentioned about the double top and said it is just a conjecture as of now. Ist it still a conjecture or it is proved? If proved, what is the major support for the double top?

Ramesh Damani : yes it seems we made a double top....i just forgot how vicious it could be

suryachandrag : Dear sir can we enter sundaram finance at this levels

Ramesh Damani : a rising interest rate environment is not the best backdrop for financial assets

horse_73 : UBH...do you think it has value at this price...and can it be looked for long term say 5 years...

Ramesh Damani : yes it does..it ultimately will be Mr Mallya` sold holding co...

horse_73 : Dear sir, do you still keep track of Opto Circuits...they have done a good acquisition recently...prudent management...i think they will continue to do well...your views please

Ramesh Damani : stock has been one of the great performers...over last 10 years...unfotrunately i dont track it closely any more

kanupriyaa : Dear Sir, how do you see markets,NOW? Is the bottom made? You DO notice EXCESSES. What is your view NOW? Does your insight see clearly now?? Sir, present scenario is IN A very difficult situation. PLEASE HELP US, LIKE ALWAYS. Thanks for devoting your time every week. You really make the EFFORT for us.If you do see clearly, Sir, please share your most wanted view with us. Any clear views on HUL and Godrej Industries? Is correction over in them or do still see some more downside in them? Do guide us well. Thanks.

Ramesh Damani : market closes at the low, falls every day and the tome is becoming bearish...my sense is lets not preempt the bottom

horse_73 : Dear Sir, previously you were bullish on Videocon...after yesterday

Ramesh Damani : they are finding oil and gas..but the mobile telephoney venture is affecting them

maneramesh : Dear Sir, is can we start buying Spicejet OR do u think rising oil prices will offer better lower levels for spicejet?

Ramesh Damani : rising oil prices is bad for airlines..but a large part of the bad news is in the price..

mmohit1987 : Dear ramesh kaka I am tracking TCI Finance from last year. I found that it has great value in it(Power plant stake, investments in other listed and unlisted companies,ITAG KPO 100% subsidairy which is growing tremedously).Recently the stock rallied from 50 levels to 130 levels and has come back to 95 levels. do u see value unlocking in it? Please share ur view on it????

Ramesh Damani : unfortunately not much disclosure about the co..if gati gets sold. they could unlock value in TCI finance

munishgoyal213 : Dear Sir Can you give your brief view on Bartronics, Marg and Indiabull securities. I hold them as major stocks in my portfolio. I am long term investor, can hold for 3 years if the stock will perform good.

Ramesh Damani : sharp is not on my radar, mps i have given up on...kfa and dlink hold promise

sudz_123 : Dear Sir, â���œmarkets are always right and they are going to make excesses and in those excess lays opportunitiesâ������. We have got to judge when those excesses are going to end. Sir, as we too are your followers, whenever you do see clearly, REGARDING A BOTTOM BEING MADE, i.e. excesses of market, then kindly do share with us. Have the markets bottomed out or are they very close to the bottom? Please help us, in these markets now, where money making has become difficult. What about HUL and God. Industries? Any clarity on these two stocks?Thanks

Ramesh Damani : unfortunately instinctively we are searching for the bottom every day, but I dont think a bottom has been made

bvittal : Dear Ramesh: How do you like Cera Sanitaryware. Mcap- 200crs. About 20% share in Indian sanitary business. With future growth in both rural and urban areas, it should be a big beneficiary. Only drawback is it operates in low and mid business segment

Ramesh Damani : sanitryware co`s should do well...it is a sector to look at

mkbhatt2826 : Dear Sir, Please answer this sir; You old favourites Action Construction Eqp, Aegis Logistics Ltd and International Travel House has corrected sharpy in the last few weeks. Do you see value at the current prices?

Ramesh Damani : what has not corrected, it seems B group is getting punished indiscriminately

manyakla : Dear sir, good afternoon. for comparison and evaluation can give me some comparable peer players global or local for exlsi. which among these offers more value- godrej ind, tata elxsi and dlink.

Ramesh Damani : tata elxsi and persistent maybe godrej ind offers value

sushmbh : Sir, As the undertone of the market was rock solid and very different from what we saw the last time at 20,000, and the broad theme was to remain invested in good quality companies. Sir, truly speaking, we bought the two most favorite stocks of yoursa HUL and God. Industries at breakout levels of 315 AND 205. But,Sir, as market has corrected sharply and we made no profits due to sudden turnaround, just share with us, if we could average at CMP, if you do see An intermediate bottom made in these two stocks.?? Can we buy aggressively at CMP? As these two are your favorite stocks, Kindly do guide us, well on these two stocks. Thanks.

Ramesh Damani : markets are funny places, they always test you...i have no evidence if we made an intermediate bottom in the stocks

pmohanlal : Sir, what is your take now on Everest and Sundaram. Can we buy more?

Ramesh Damani : everest seems cheap, sundaram finance is a compounder as i have always said

rohit kapoor20 : sir,u r bullsh on gold as an insurance,wat is ur view on silver,pls guide us as i dont anything abt it & experts say that silver will much better returns than gold,pls guide?

Ramesh Damani : dont really follow silver

maneramesh : Dear Sir, happiness of holding cash during fall is much more than the happiness of holding stocks in upward movement :)

Ramesh Damani : not sure about that...a ship is always safe in the barbor but its dna is found in the sea

bvittal : Dear Ramesh: They say you should mortgage your house and buy a stcok when it is attractive. Does Karur Vysya fit the bell

Ramesh Damani : karur has been compounding..not sure it is a multibagger..form these prices..it should double in 3 years

monikdharamshi : Hi !! Pudumjee pulp when will we see real estate revenue accuring ?? and how much would that be ??

Ramesh Damani : from next year i think

pavanchandak : Hello Damaniji, A group stock like TVS falls from 75 to 46 even after bumper quaterly results and monthly sales...a sureshot buy? Thank you!

Ramesh Damani : maarket may be looking ahead, not backwards..high interest rates are negative for them

rohit kapoor20 : sir earlier you had suggested many multibaggers like mcdowells,cmc etc do you feel u are short of ideas now,which of ur recommended stocks can be multibaggers in time to come,do you have any fresh idea to recommend?

Ramesh Damani : we try from time to time..

agarwal_aastha : Warm wishes Sir. Motilal oswal wealth creation picks central bank as big pick. And you too lay your bet on this stock. So also on KFA. But what we would like to know is with a market like that, when all our previous portfolio is bleeding, should we go out and buy these stocks aggressively at CMP? Please advice sir.

Ramesh Damani : you should follow your own convcitions...i dont like telling people what to do

pinak_k : sir, last week we had conversed about Himalya International. did you get a chance to evaluate the script?

Ramesh Damani : not yet

mchocalingam : Rameshji are you shocked with the fall in indian markets vis a vis the world markets? Some people expect this to be a trigger for further selling and markets might make a final bottom a few months from now and that will be "THE bottom".I dont agree with that theory .Do you?

Ramesh Damani : yes i was taken unaware by the underperformance..did not see it coming.dont know about your theory

Ramesh Damani : thanks all, have to leave early today....