*Update on Realty Sector BSE REALTY (3660) P/E=55.30 http://akprabhakar.blogspot.com/2009/12/update-on-realty-sector-bse-realty-3660.html ** *
Realty sector has corrected 18% in last one month after we had posted and this sector has been in the midst of crisis in all parts of the world as Human behavior across Globe has been one, land will appreciate and Land is scare and can’t be expanded made Realty investor pay huge premium and in time of liquation many realized that land as investment is held by everyone and no buyer prompted panic sale which caused Sub-prime and now cause of Dubai World. Experts say, “THE leveraged asset purchases of Dubai-based wealthy non-resident Indians in the past few years may begin to haunt them, as the collapse of real estate prices in the emirate prompts calls for additional funds as margins which may force them to sell some Indian assets”. *http://akprabhakar.blogspot.com/2009/10/realty-stocks-really-caution.html**on Tuesday, October 27, 2009 we posted Realty Stocks - Really A Caution! * *BSE REALTY (4315) P/E=38.75* - *Realty Sector has been the most speculative with retail interest @ maximum and highly valued sector which corrected from high of 13848 in Jan2008 to low of 1297 in March2009 whopping 90% correction and almost tripled from low of March2009 and the recovery didn’t cross 28% of the fall lowest in sectoral index.* Regards A.K.Prabhakar Equity Analyst [email protected] [email protected] * *http://akprabhakar.blogspot.com http://prabhakar-views.blogspot.com *Disclaimer:* *This represents views based purely on Technical studies. The information and views presented in this report are prepared by A K Prabhakar. The information contained herein is based on my analysis of the Charts and upon sources that I consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither A K Prabhakar nor any person connected with him accepts any liability arising from the use of this information and views mentioned in this document. A K Prabhakar and his affiliates may hold long or short positions in the above-mentioned companies from time to time. The report is intended for a restricted audience and I am not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities. * -- You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en.
