thnx well its up to 8.02 right now so i guess im on the right track... chahine
Maybe you should sell and take your profits.
nah too early... too undervalued yet... :wink: chahinemm
[quote:b5f16a959a="alfredsokol"]Maybe you should sell and take your profits.[/quote:b5f16a959a] LOL
[quote:cf1ad07861="chahinemm"]nah too early... too undervalued yet... :wink: chahinemm[/quote:cf1ad07861] Good thinking. Patience is a virtue. :P
Like China, the next Asian superpower has over 1 billion people and one of the fastest growing economies in the world. Its stocks are cheap, trading for just 16 times earnings. And money is just staring to flow into the country. Major corporations like Microsoft, GE and IBM are already establishing offices in its major cities. All the big players want in. And they have good reason. This emerging superpower’s GDP will rise 8% in 2004 and maintain a 7.5% growth rate well beyond 2005. compared to the US which is only expected to grow at 4.3% this year. Every industry from IT to finance to biotech will grow in the next 12 months. That means corporate profits will swell which, in turn, will lead to predictable double and triple-digit stock gains for investors. Well i hope. The next Asian superpower is India. This company could make you triple digit profits in 2004. I’ll introduce you to the company in a second. But first a little analysis by individual which i got my hand on will explain why you could consider India as a legitimate investment opportunity right now and for the next coming year. India is different from every emerging country in the world. Instead of relying on its natural resources and factory output to promote and sustain economic growth, India is using its brainpower. And that gives it a distinct advantage in this world we live in. 60% of the U.S. economy is driven by service-oriented business. it could go from the IT consultants to tax advisors to financial planners to newsletter writers. In fact, service industries provide two-thirds of all jobs in America. By contrast, manufacturing jobs only account for 14% of total U.S. output and 11% of all jobs. What does this mean? It means we value ideas and services more than gadgets. It means we value brainpower more than physical labor. And it means to be a legitimate superpower, you must have a large talent pool of educated people to provide these services. India does. There are more IT directors working in Bangalore (150,000) than in all of Silicon Valley (120,000). Between one-third and three-fourths of all IT development is done overseas and that is huge. This development has on its head India And major companies like Microsoft, IBM, EDC, Oracle, Texas Instruments and JP Morgan Chase are choosing Indian workers to run their Asian plants and offices. Right here you can see the potential that exist. According to a December article published in BusinessWeek, GE already has a staff of 16,000 Indian workers doing back-office work. Intel has a staff of 1,700 Indians devoted to chip and software development. And by 2005, IBM will have a staff of 10,000 just for IT services and creating software packages. Every major company in the world is looking at India right now. And it’s not hard to see why… - India’s GDP is expected to grow between 8% and 9% in 2004. Even once it is adjusted for inflation, you can expect real growth of 7%. That’s 63% higher than the United States’ 4.3% growth rate. - College graduates are expected to double from 3.1 million to over 6 million by 2010 -- adding to India’s most valuable asset class -- its skilled workers. - By 2020, India will have the largest (and youngest) working class in the world -- outpacing the United States and China. Forty-seven percent of all its workers will be between the ages of 15 and 59. And these workers that help India sustain its 7% to 8% GDP growth rate. There’s no denying the Indian economy is improving. It’s slowly morphing from a Third World country to an Asian power. And now is the time to invest before small Indian companies become well-known corporate superpowers. The companie has the potential to become Indian superpowers. They operate in the growing telecom industry. They are fundamentally sound. And they are both positioned to give you triple-digit returns this year. The companies are Videsh Sanchar Nigam Limited (VSL:NYSE). India’s Leading International Telecom Provider Videsh Sanchar is the leading international telecommunications services provider for and in India. The company handles about 9 million minutes of international calls a day through its 12 international gateways. Every time someone makes an international phone call to or from India using one of Videsh Sanchar’s 12 gateways, the company makes money. And not surprisingly, this is precisely how it gets the bulk of its revenue, which totaled to $946 million in 2003. In addition to being India’s largest international telecom provider, Videsh also provides dial-up Internet access in 22 cities, connects businesses with video conferencing data and provides e-mail accounts for thousands. In fact, Videsh has a 19% share of India’s Internet market. Not too shabby. And as the middle-class continues to grow, more and more people will be able to afford phone and Internet service. They also have announced that they are going to be starting cable based internet connection in the coming weeks which for sure will give them an edge on their competitors and eat more market share. As it stands right now, there are only 5.71 phone lines for every 100 people in India. That’s well below other developing countries. For instance, China has 16.7 phone lines per 100 people. And there are only 7 million people with some sort of Internet access. Again, this is low. There are 46 million Internet users in China. Right here you can see that the potential of growth of the phone and internet in itself is tremendous and shows the amount of room that is available for growth and provide the product to a devouringly demanding market. Although phone and Internet penetration in India is low right now, it is rising, and rising quickly. Videsh’s Internet subscriber base has increased 678% since 1998 from just over 90,000 to more than 700,000. That’s an annual growth rate of 50.7%. And as India’s infrastructure improves, more people get a solid education and land a job, that number will continue to rise. India is adding approximately 2 million phones a month. In five years, Sunil Bharti Mittal a telecom expert in India predicts there will be 200 million phones meaning a tripling digit growth in the total number in existence today. And if India triples its phone penetration, you can expect Videsh to triple its revenues. That’s why i think entering the stock now is a major benefit on a long term. If you buy now, you can pick up VSL shares for under $8 a share. That’s an absolute bargain. The company trades for just 7 times earnings, 1.19 times sales and 0.91 times book. Compared to its American counterparts, VSL is undervalued by between 39% and 245%. And I’m willing to bet the company has the resources and market capacity to achieve the 245% growth in terms of what kind of gains you will be looking at. In the last year, VSL stock is up 119%. And its has to rise 133% to hit its all-time high of $17.88. Don’t be surprised if it hits $17 and keeps on going. Action to take: Buy shares of Videsh Sanchar Nigam Limited (VSL:NYSE) under $8.25. Dont forget that this is personal information and research u may use it as information but dunnot rely on it as an investment advice... chahine
8O chahinemm needs his own forum too. 8O
[quote:b6557e0a83="bobjitsu"]8O chahinemm needs his own forum too. 8O[/quote:b6557e0a83] LOL nahhhh chahine
I like it. You know I'm not normally that agreeable but I agree that outsourcing is now an irreversible trend. More money will flow into Indian outsourcing companies. You may have a winner here.
i agree im actually aiming for a triple digit on this one... chahine
VSL bought at 7.95 on feb 23 is up to 9.10 march 1 as we speak.... good good i like this stock... hmmm i might keep it longer than i taught i will its on the right track toward a triple digit profit.... growth of 14% in 8 days not bad.... im proud of this... GO VSL chahine
Hold your winners as long as you can. Why sell a stock that has gone up and might continue to go up, in favor of a stock which may go down? It doesn't make sense. Just set your trailing stop for 8% and you won't have much downside.
agree with u alfred .... i actually have set a stop loss of 10% because since i don't want that some dumpers drop stocks causing it to go to low and i miss the real meat of the ride... im confident about a nice long on this stock.... i have couple in my pocket that i think have a very good win chance... ill post the ticker symbols maybe some of u can make money out of it.... i hope to do that soon. chahine
Sounds like that one worked out great!
Are you still holding shares on VSL? I am interested to get into position for this stock. Do you have any idea what will be the good price range of entry?
hmmm i actually sold when it ralied up a while ago. but after looking back at the way it stumbled i would say that it current entry price is relatively good. But i warn u if u invest in this stock VSL or MTE be ready to suffere the yoyo effect like TASR is this stocks are very market sensible. For VSL my entry price suggestion would be below 7.10 if u can get it but maximum 7.20 offcourse the lower the market goes the lower these stocks will follow For MTE my entry would be 6.80 or below and if u don't get so max 6.90 but if u are willing to wait a bit im sure these stocks will stumble which are good opportunities to get into.... Be sure that this investment i had in mind was long term and has a lot of consideration of how the Indian telecom market behaves. if u need any more clarifications pls let me know. for those of u interested HBIO is a buy right now at 4.5... my target offcourse is 8 to 11 in a 1 year period... that is my target range. chahine
closed at $9.10 today(11/24/04) :wink:
hahah im happy making u profit well that was a good stock but it was at times where i didn't know how to control my impulsion of buying and selling properlyy i guess a fairly expensive price to pay for learning something... :roll: :lol: at least im happy i did with 100$ compared to 1000$ chahine