=> Myiris: Welcome to the Live Chat Session
[04:29:04 PM] => Myiris:
Our todayís expert guest, Mr. Sindhu Sameer will be joining
us very shortly
[04:29:15 PM] => DISCLAIMER
[04:29:51 PM] => Mr. Sindhu Sameer
is AVP-Equity Sales at UTI Securities Ltd. At the time of
this conversation / chat, Mr. Sindhu Sameer may or may not
have positions in the stocks mentioned below, although holdings
may change at any time.
[04:30:28 PM] => The
views expressed by Mr. Sindhu Sameer is based upon information
that he considers reliable, but does not represent that it
is accurate or complete, and it should not be relied upon
as such. Mr. Sindhu Sameer, his company and its affiliates,
officers, directors, partners, and employees may, from time
to time, have long or short positions in, buy or sell and
deal as principal in the securities, or derivatives thereof,
of companies mentioned herein and may take positions inconsistent
with the views expressed. None of the information contained
herein constitutes, or is intended to constitute a recommendation
of any particular security or trading strategy or a determination
that any security or trading strategy is suitable for any
specific person. To the extent any of the information contained
herein may be deemed to be investment advice, such information
is impersonal and not tailored to the investment needs of
any specific person. You should consult with and rely upon
your own advisors whether and how to use such information
in making any investment decision.
[04:30:49 PM] => Lastly the views
expressed by Mr. Sindhu Sameer have no bearing whatsoever
with that of IRIS Ltd. IRIS does not guarantee the accuracy,
adequacy or completeness of any information and is not responsible
for any errors or omissions or for the results obtained from
the use of such information. IRIS especially states that it
has no financial liability whatsoever to any user on account
of the use of information provided on its website www.myiris.com.
[04:35:33 PM] => Myiris: A very
warm welcome to Mr. Sindhu Sameer and all the participants
[04:35:53 PM] => SS:
Thank you. I am happy to be present with you all.
[04:37:00 PM] => Pullaraog : Suggest
me the best flourishing industry. I want to invest Rs.500000
[04:38:39 PM] => SS:
I will be more comfortable with a basket of industries like
pharma, petrochemicals, FMCG and Technology
[04:39:00 PM] => Ayan : What is
your advise to turn the black October into golden October?
[04:39:35 PM] => SS:
Disciplined and long term investment.
[04:40:41 PM] => Jaan : How will
the FMCG sector performance be for the second quarter? What
are your estimate on HLL, Nestle, P&G, Colgate and ITC?
[04:41:22 PM] => SS:
Better inlight of the good monsoons and a upturn in the rural
[04:41:54 PM] => Matthew: The
consumer electronics sector has posted poor sales till now?
Do you think its still advisable to go in for counters like
Philips more on the buyback story than anything else?
[04:42:36 PM] => SS:
I will not advise you to invest in a stock purely on the basis
of a expectation of a buyback. In case you already hold a
stock where there is a buyback than you are lucky.
[04:45:38 PM] => Flowerchild:
Do you see a movement of funds form the equity market to the
[04:45:58 PM] => SS:
Yes, I do expect it but the trend will be there till political
[04:47:21 PM] => Daniel.p: Aluminum
prices are taking a hit and Nalco, Hindalco and Balco will
get hammered down. Would you say that Nalco is a good pick
as a long term hold and when the disinvestment takes place?
[04:49:19 PM] => SS:
Yes, I am in agreement with you that in the long term Nalco
is a good bet.
[04:49:48 PM] => Nehal: What's
your view on the topline software companies Q2 results? Can
it sustain the same for the next two quarters, after the recent
US crisis and global recessionary trends?
[04:51:31 PM] => SS:
I think that the margins will under pressure due to the restrictions
on travel and subsequent pressure on the offshore delivery
[04:53:01 PM] => Panshilpa: What's
your opinion about market in Oct & Nov.? Which counter will
[04:55:16 PM] => SS:
I expect the market remain range bound from 2700 -3200. Difficult
to say about a particular counter but sectors like pharma
and FMCG will attract attention.
[04:55:55 PM] => Kranti : What
is your outlook on market for the next week?
[04:56:44 PM] => SS:
[04:58:16 PM] => Ashish: Do you
see improvement in the volumes of cash and derivatives segments
after introduction of Stock Futures? Why?
[04:59:31 PM] => SS:
Yes I do expect an improvement in the volumes in the derivatives
segment 'cause it gives one more option to hedge your risks.
[05:00:14 PM] => Rpanikar: Most
of the technology stocks are ruling near their 52-week low,
Do you think this is the right time for investors or should
wait for some more period?
[05:01:50 PM] => SS:
I will advise to to wait for 1-2 quarters before you take
[05:03:52 PM] => Sachink: What
are the pharma stocks should one choose for the investment?
also recommend other counters ?
[05:04:10 PM] => SS:
Stocks like Dr.Reddy's, Cipla, Ranbaxy and Sun Pharma should
be accumulated for long term gains.
[05:05:18 PM] => Hariharan: Do
you think that the margin trading will help to boost volumes?
However, most of the banks are near to their 5 per cent limit
and brokers are unable to get the facility?
[05:05:41 PM] => SS:
I think it will give a fillip to the volumes. The structural
issue of 5% will be looked into by the banks.
[05:06:40 PM] => Blanche : Are
the results really going to be so bad - is it all because
of the WTC or is it more to do with the state of our economy.
As an investor should I wait to invest - where do you see
individual scrips like Infosys, Satyam, Reliance HLL etc...
reaching to after the results are declared?
[05:07:49 PM] => SS
: I think its maximum to do with the state of the world economy,
of which India is increasingly becoming a part of. Difficult
to say what will be the fate of individual stocks but long
term investors will make good returns from these levels.
[05:09:03 PM] => Shivdutt: Which
of these co. has the best fundamentals- Polaris, BFL,SSI?
[05:09:41 PM] => SS
: I will still go for Polaris.
[05:10:25 PM] => Kaushal77: Do
you expect OPEC to ensure that oil prices remain @ $25 or
do you think that given the state of the economies around
it will lower it to $12-$16 range as was the case in 1998-99?
[05:11:19 PM] => SS
: I think it is beyond the scope of my brief.
[05:13:36 PM] => Nidhi : How good
is Cummins for capital appreciation?
[05:13:57 PM] => SS
: For the long term looks reasonably good.
[05:17:16 PM] => Pullock69: Do
u expect the F & O market to pick up only when we have a bull
run or is it a damn squib as far as Indian MFs, institutions
and operators are concerned?
[05:18:44 PM] => SS:
All over the world the Futures and Options market has taken
anywhere between 2-3 yrs to bloom fully. Be patent, it is
the market of the future and the world.
[05:19:43 PM] => Nirmal : Kindly
suggest any five, below 100/- shares, which can give handsome
returns in 2 years time?
[05:20:39 PM] => SS
: Dont get focussed on price look at valuations. Stocks which
look good for the long term are Reliance, HLL, Infosys, VSNL
[05:22:30 PM] => Jajoo : Do you
think FMCG companies having negative growth rates justify
the PE that they quote at (or PEG). What are we paying for
finally when u buy a company like HLL, Cadbury Nestle Britannia
etc. or even ITC for that matter - on what basis do u justify?
[05:25:15 PM] => SS
: FMCG companies are never valued solely on P/E basis. That's
very narrow way of valuing them. One has to look at the value
of the brands and various other factors like the predictability
and reliability of incomes etc.
[05:31:16 PM] => Mike Amery: Is
it possible for foreign nationals (UK) to purchase Indian
securities? If so, where? I live in the US.
[05:31:47 PM] => SS
: You can take the mutual fund route. But find out the exact
modalities from the MF before investing.
[05:32:38 PM] => Manishm : Given
the economies worldwide do you foresee a huge downside in
stocks dependent on the tourism Industry - what impact do
you foresee that to have on our forex collection?
[05:33:13 PM] => SS
: That is already visible. The occupancy rates in the Hotels
in the metros is already down. Having said that please also
remember that tourism has a large domestic component also.
Therefore the net effect will not be greatly negative. That
is my view.
[05:33:50 PM] => Temporary : Would
you advice anyone to invest in tech stocks at all now?
[05:34:43 PM] => SS
: Technology will be the driver of human economic existence
for the many many years to come. Therefore there is no question
of becoming negative on this sector. While investing in this
sector remember two things (I) Invest only in the front liners
(ii) Aim for the returns in two to three year perspective.
[05:35:46 PM] => Shiv : How is
[05:36:11 PM] => SS
: Good for the long term but watch for macro news coming from
the tech sector in general.
[05:36:48 PM] => Rajesh Babel
: Hi, Mr. Sameer, what is your outlook for the stock markets
for the next couple of months?
[05:37:18 PM] => SS
: I think with the slowdown in the global/American economy
and general deterioration in the political climate, I think
the market will remain range bound.
[05:41:26 PM] => Ashish
: Do you forseee any major FFI selling in near future?
[05:41:45 PM] => SS
: Depends upon the performance of the American economy/markets.
Lets wait and watch. But the fundamentals of the Indian markets
are at their 10 year best.
[05:42:05 PM] => Myiris
: Thatís all for today at myiris chatmasala.
[05:42:31 PM] => Myiris
: Thank you Mr. Sameer for sparing your valuable time on Myiris
chat session and sharing your views.