Weak construction, real estate demand hurt Cera Sanitaryware

Discussion in 'Must-Read Interviews, Articles & News Items' started by Srouta Mukherjee, Nov 26, 2015.

  1. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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  2. New_Investor

    New_Investor Active Member

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    Then what about somany ceramics and HSIL? Somany Ceramics is running upwards.
     
  3. shekhar

    shekhar New Member

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    I am holding stock from 1200. And still holding it
    Is the prospective gonna change after2,3 year point of view.. thanks..
     
  4. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Cera is a very strong stock. Excellent brand, management, etc. Such stocks revive first with real estate recovery. This is time to buy such strong stocks IMHO.
     
  5. w4wealth

    w4wealth Well-Known Member

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    real estate seems to be take a quite long time to revive. interest rates should go down considerably to stimulte new home buyers. i think it will take 2-3 years to r.e. to pick up really.keep a close watch? which stocks do you like from r.e.?
     
    Last edited: Dec 19, 2015
  6. kharb

    kharb Well-Known Member

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    Good stock but over priced presently,But Quality is at premium every where .I don't have but can think of If it realy go down around1200.I always keep a watch on sector leaders to catch in any blood bath.
     
  7. w4wealth

    w4wealth Well-Known Member

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    @kharb sir cera is still at 37 pe. will you invest at 30 pe?
     
  8. kharb

    kharb Well-Known Member

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    If you can catch sector leader with reasonable growth and good quality management below 30 PE,it will have margin of safety.I think on bad days and in blood bath you get these bargains.
     
  9. w4wealth

    w4wealth Well-Known Member

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    yes sir. but since real estate sector and tile business is closely linked , when real estate takes time to revive, tile business will also lag behind. this is my personal opinion.
     
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