[04:28:47 PM] => Myiris: Welcome to the Live Chat Session on Myiris.com.
[04:29:04 PM] => Myiris: Our today’s 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 now.
[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 story.

[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 debt market?
[04:45:58 PM] => SS: Yes, I do expect it but the trend will be there till political uncertainty lasts.

[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 model.

[04:53:01 PM] => Panshilpa: What's your opinion about market in Oct & Nov.? Which counter will be bullish?
[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: Range bound.

[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 a plunge.

[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 and ITC.

[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 Polaris Soft?
[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 : That’s 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.