i dont buy ALLI until it reach Rs 800.00
Earlier you said
Dont buy Alli finance.
Next quarter big down in profit(Gold loan)
Specially for ALLI.
Someone is try to sell.
this is the time to exit "
It should be obvious to anybody who has some common sense that Harry82 is demoting ALLI as he may have missed the bus at Rs 800 and is now scaremongering without any good reasons, hoping it will scare someone into selling it down. sometimes, people act without a conscience driven by greed and selfishness.
The question is Harry, why would you even want to buy it at Rs 800 if as you say " Next quarter big down in profit(Gold loan)" ?
Also, dont count your chickens before their hatched, as even if price comes down to Rs 800, you may not get any shares
btw - spoke to some people at ALLI re Gold Loans. No issue. They dont give loans against gold Biscuits, never have - the troublesome area for some other Financial institutions. They explained in detail how this works and their buffer zone re gold prices. For anybody who wants to understand - Call them yourself.
Sometimes, falling prices of good shares is a good thing. As Buffet said, If you like to eat hamburgers, would you like meat prices to be up or down ? For a share you may be unwilling to sell at Rs 1500, the lower the price, the better as it gives you the option to buy more if you wish.
The only time you want the share price to be high is if you want to sell.
For Alli, long way to go - I think !