July 29, 2011

Modern Insulators - Doing Well - Message to the Blog



Dear Mr. Dharawat,

Can U give us your selling rate also for Modern Insulators Ltd. ? As EPS of The Company for the 18 monthes ended(i.e.31/03/2011) is Rs. 15.68 & Book Value is around Rs. 70/=. Then even you are asking @ 12 Rs. ????
Check the result before your quote. Find latest result @

http://www.bseindia.com/xml-data/corpfiling/AttachHis/Modern_Insulators_Ltd_Mar11_120711_Rst.pdf

I am requesting the Owner of the site to remove such Members who are making Fool To the Public.

Regards,

An Active Investor

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On this Blog an open discussion on companies ' performances and their likely rates would help investors to work out realistic rates.

We feel whatever rates are quoted these are the starting points . A wide interaction of demand and supply  would ensure healthy rates.

We are facilitators and every investor / dealer or any body else  connected with share market is a stake holder in this Blog.

Regards ,

Ashwani Kumar Aggarwal

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In reply to Mr An Active Investor

First of all you seem to be sentimental and an pretty new in stock market. What should be the price of Bharat Nidhi if its EPS is Rs 7.71 of year end March 2011... for your kind information Its near Rs 7500 my dear friend. Modern Insulator is not paying dividend despite being profitable and will make huge loss once its proposal to merge its subsidiaries is approved. So its value will be below Rs 10 that time... This is a free market and anyone can quote any rates which they wish to buy and sell and no one has forced you to enter any transaction.  kindly disclose your name for further clarifications.

Hitesh Dharawat

2 comments:

kaunsay said...

ei kaun say Active Investo

Anonymous said...

Tandav: Mr Dharawat is a very reputed and highly professional. I think you are a big fool pointing fingers at others...