Tuesday, April 27, 2010

LIKE TO BUY JET AIRWAYS IN NEXT FALL


Mahesh ji,
From past one month there is lot of news in stock market especially abt Indian aviation sector. Most of the major share trading brokers in India saying this too. People were saying that Aviation stocks are ready to take off... whats your views on Indian aviation sector?
1) Which stocks in aviation would you prefer to invest in long term?
Thanking you sir
-NeO
1. My view is also positive about Indian aviation sector and I recommended jet airways @150 on this blog. Currently it gives 350 % return from my recommendation but still positive to hold this stock (It is not bad to book part profit and buy again in deep). I already book profit in my 100 % holding of jet airways due to money needed.
2. So in fall jet airways is a good aviation company for buy book value of this share is 150 and promoter holding is 80 percent always attract me.
3. I think when this company is turn around in profit a target of 950 is easily achievable but remember low book value of 150 before buying at currant price.

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