Tata Motors is setting up an assembly unit in South Africa and a bus-building facility in Turkey, and is scaling up operations in seven countries.
Tata Motors Managing Director Ravi Kant told Business Standard today that plans to enhance the company�s presence in overseas markets were part of a three-pronged strategy to double the company�s sales revenue in five years.
My biggest problem with them, is that they pump stocks well after their rise... Selling their investment packages on old news...
i.e. Heritage Oil Corp...(HOC.T0 - TSX) They started selling a special deal on their newsletter for the RedZone VIP ($750 for the first three months (refundable) thereafter - $3,600 yearly) Of course, I bought into the program thinking that Heritage Oil was at $7.00US as described to me in the advertisement email. However, it was selling at $12.00US at the time I bought into the program.
Ten days later, they we're still sending me advertisements for this stock -saying "Tiny $7.00 wildcatter makes historic oil deal"... meanwhile it's trading for $12.00. What a sham. Is their news really worth shit - these guys are making a killing off of a poor track record. They pick losers... TTM is different.
In my opinion... It does not take a genius to see that TATA is a winner - they just happen to pick up on this with the rest of us. TTM is a white elephant... and a clear WINNER.
I'd wipe my ass with Taipan's picks before I gave them another red cent.
Christian DeHammer and his yellow Hummer can eat a big fat dick.
I like TTM and own a bunch, because I think it is undervalued and has great longterm potential, but part of the reason for the recent run up is that it is being recommended very heavily by Taipan, an investment newsletter with a fairly large following.
The Moron's at RedZone (TAIPAN) had starting touting this stock over 1.5 months ago. Finally, they make a good pick - although this one is a no-brainer. I don't think the run-up is due to Taipan, but just an overall high interest in an emerging economy such as India, and clearly - since TATA is one of the biggest conglomerates in India, it makes complete sense that TATA is a strong pick.