Cox and Kings (India) Limited IPO Message Board (Page 1)

ISKI TRAIN KA KYA HUA ????

Now trading at 424.
I dont think it will go below 400 easily.

Ravi,Bangalore
It has touched 401 and is now trading at 415.I have 600 at ipo price.
Do you think it is better to hold till results are out or should we book profit.

Short-term investors need to EXIT. Trend turned weak as it is closed below 424 (stopped-out).

Unless it manages to close above 425, it is weak. It appears to be headed towards 380, 349 or even 343.

The quarterly results are coming by the end of january.
Expect a significant jump in the scrip.

When are the quaterly results coming for C&K? and what are the expectations

@Ravi, bangalore: Thanks for the info & wise advise...
CMP:421.

buy cox and kings
target of 550 in 1 month
dont waste time

396. KSK

Stop-loss is close below 420 or 375. As long as it holds stop-loss level, it may hit target.

It is still strong, BUY in dips is a better strategy as long as it stays above stop-loss level.


Impatience Will Kill The Golden Goose

Do meditation, take frequent breaks from the market, have a clearly defined stop-loss level and a clear set of target can all help to keep the investor relaxed.

@Ravi, Bangalore..seems CNK stock is losing momentum 432.10 ...When are they launching the train this month ?
470 seems too stiff to cross...

390. Nikhil

Cox & Kings 454- Resistance 451-470, Target 499-523 zone. Support 422. Stop-loss Close below 420 or 385. Time-frame: One month.

It should cross resistance level to attain momentum.

If stop-loss is breached, drop to 343.

Dear Rajiv, 8 to 10 P.E. for Dec Qtr impossible. Bcos Equity dilution by way of IPO has taken Place in this qtr. & further if you mean 8 to 10 P.E. for Dec Qtr. then full year EPS Should be in between 30 to 40 which is practically impossible. & if so the price on 31-12-2009 will never be in a range of 450/-.
Kindly give your valuable thought on the same.

By first qtr i meant the dec qtr. The EPS should be in the range 8-10. The stock will trade at a higher PE because of its high CAGR track record for last couple of years.

@391. Rajiv, NOIDA : how much EPS do you expect by way of first qtr results ??

CNK is likely to cross 650 levels after the first qtr results which is likely to be bombastic. Keep on holding the stock. With rising global markets, tourism industry will be a big beneficiary.

@Ravi, Bangalore.
- What should be the stretegy and target now?
- It closed on 451+ today.

Is it good idea to exit OR keep holding it?

Thanks in adavance.

@Ravi: I dont think it can hold 470 today...lets see if it can hold 450..

On any day, if trades below 420 after 3:15 p.m.

OR

breaches 375 on intra-day, medium-term investors also should EXIT.

After 3:15 p.m. if it does not trade above 470, EXITING is good idea.

If cash is preserved, traders can get another chance.

If overcomes 470, target is 495-517 zone with trailing stop-loss at today's low price.

volatile move 430-->455