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Indian Stock Market. Investment Guru's Corner
220 hits
| Apr 01, 2005 2:55 am |
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royal airways worth reading be long on it |
sanjay jain
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Am I glad to finally see a boarder who comprehends the investment rationale used by leading FII'S to take exposure in this stock. Of the three principles mentioned, SUNRISE SECTOR is the most important. LOW COST AVIATION has tremendous potential to convert the huge no. of people who travel by ac 2 & 3tier into regular fliers.THREE REASONS WHY-1.Incredibily low cost 2.Saving of time and very convenient 3. The outsourcing boom has created a new class of young, confident INDIANS who have good disposable income in their hands.This large mass of people will discard totally travel by train once they are good low cost aviation options available on most sectors.Now the question - WHY ROYAL? I did an extensive GOOGLE search on SPICEJET/ROYAL, KANSAGRA family based in NEVADA & UK who r the main promoters & BOEING. The results r most satisfactory.KANSAGRA family r into diverse business and enjoy a good credibility,BOEING has confirmed delivery of 3 leased aircraft in april & sale of 10 more 737-800's commencing early 2006.Reputed FII'S such as GOLDMANSACHS, CITIGROUP ABN-AMRO & recently IL &FS have picked up substantial stakes based upon the business model of ROYAL.JET & SAHARA will focus more on the international sector & regular flights leaving the low cost aviation to AIR DECCAN, ROYAL & KINGFISHER. AIR DECCAN plans to come out with an ipo within 12 months. Can u guess what the price might be ? NOT LESS THAN 1000.My point here is that for someone with a vision & a medium term investment perspective, ROYAL is available at a veryyyyyyy attractive price.My target is 450 within 12 months. [Royal Airways - BSE:Rs. 44.25 NSE:Rs. N.A. when posted] Private Reply to sanjay jain (new win) |
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