It is at its high price at present, so investors should probably wait for it to cool down and then enter, but for intraday it is a great stock. Rajesh Jhunjhunwalia also has a share in it.

Can anyone say at roughly what level we can expect a correction to begin? I've heard people talking about PE ratio, can anyone give a simple explanation?

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Goa govt orders Delta's casino to be closed. Anyone else trapped in it?

Moved out of Delta Corp long ago. I remember analyst Sameer Arora warning people about the stock when Jhunjhunwala stepped in. Sameer had initially recommended the stock at Rs. 50. Then all the traders made a mess of the stock.bail out was then advised by Sameer. If anyone heeded his warning they would have been saved.

There's a post on moneycontrol messageboard, that Deltacorp has revoked some of the pledged shares. This is good, isn't it?

It has started moving up again, went above 100 today, for the fourth time this month. There is also news that it will be included in the F & O section. I am holding delivery at 135, which I had bought without thinking when I started trading. I am thinking of selling off half at a loss, but I am not sure what level to wait for. Actually I want to exit fully since I learned later that the casino business isn't something you can trust.

Revocation of around 24,94,077 out of 25,00,500 in all three cases:

http://t.in.com/9eMw
http://t.in.com/deMz
http://t.in.com/ceLK

How do you people see it now?

Technically it's looking good. It's been on a steady uptrend (with its current support at around 90).

http://chartink.com/painter.php?&v=b&t=d&E=1&E2=1&h=1&l=0&vg=1&y=1&s=0 &w=0&c1=MACD~&c2=26%2C12%2C9~&ti=756&d=d&c=s&A=DEL TACORP&l1=751~292~893~190~003399&

You must have bought it right at its peak.

If you think you can hold it for a year or so I think it might come close to the level you bought (if not all the way to 140.)

What is latest update on this one? Looks a very very interesting scrip?

They took a stay on stop order from GOA govt, is that matter resolved?

They have 60% NPM, and is undervalued why? There fortunes are tied to operating license!

Alchemist your thoughts on this one?

I also see Reliance support to company? Jhunjhunwala is already there for them?

http://www.deltacorp.in/group.html

New year around. I have a feeling stock will give a rally of 15% from present rates.Any suggestions guys I need to cover my Kingfisher Shares loss with some other stock?

I feel that this stock is also promoter driven as of now.

Remember many mid cap shares where they were in couple of months ago and now you see where they are.

I still doubt on its growth. We are not experts in casino business yet.

Any idea why they made loss in last quarter, why sales vanished suddenly?

An interesting article i found while googling might be the reason.

Delta Corp: Run in true gaming fashion - Outside View by Luke Verghese

But on contrary all counters where Jhunjhunwala have holdings have taken a dig.

Negligible revenues from the real estate segment (Rs 11.63 crore only).

In the same quarter last year, out of company's total revenue of Rs 276.25 crore, Rs 250.42 crore was from the real estate segment and only Rs 23.01 crore was from gaming and entertainment segment.

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