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  • mrinalini moneymakerfinancial is now friends with Swami
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  •   Sensex @50000 commented on this post about 3 months ago
    Sensex @50000    Swami updated status
    Dear Turk (Swami), IMFA is under 200, what sort of targets you are looking at lets say in next 2 years. Time permitting, please let me know your opinion - of course, I understand all disclaimers. Thanks in advance.
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    • 1/ Tactical Targets are in Stockadda stock page. Long term targets are in my Moneycontrol profile. Not changing those. Counting on stable state & cent1/ Tactical Targets are in Stockadda stock page. Long term targets are in my Moneycontrol profile. Not changing those. Counting on stable state & central govt, elimination of political tantrums, settlement of dues & normalization of valuations, steady operations & capacity growth.

      2/ Business scene has much deteriorated though. Auto sector slowdown, cancellation of settlement re. trade war several times over the past 12 months, global growth slowing more than 0.3% (YoY) are all new in the past 3-6 months.

      3/ Opened a discussion blog for IMFA in Stockadda few weeks ago. Discuss IMFA there next time.

      4/ IMFA is a fill it, shut it, forget it case now.
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    • Dear Turk, good to hear from you and many thanks for your views - much appreciated. Still not very familiar with Stock Adda - will browse the blog andDear Turk, good to hear from you and many thanks for your views - much appreciated. Still not very familiar with Stock Adda - will browse the blog and contribute if possible. Still holding and have been adding in ranges of below 200 and lower 200s. Regards.  More ...
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  • Ankush Bhandari is now friends with Swami
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  • Swami commented on Turk from MMB
    Turk from MMB

    This week we had a major development, a negative one. The claim on the Indonesian cancelled coal block got rejected. This is an unfortunate event. Book Value reduces by around Rs. 30 and immediate cash loss is about Rs. 25 cr. These are not hurtful issues. Issue is what we could have received...

    This week we had a major development, a negative one. The claim on the Indonesian cancelled coal block got rejected. This is an unfortunate event. Book Value reduces by around Rs. 30 and immediate cash loss is about Rs. 25 cr. These are not hurtful issues. Issue is what we could have received and that shaves off a major chunk from our potential final exit price.

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