Exit K Sera Srera on rallies: Rajat Bose

Rajat Bose of rajatkbose.com, in a chat with ET Now talks about K Sera Sera.

What is your take on the K Sera Sera stock?

Talking about the company's acquisition plans, do not you think for a media company this is too much of an unrelated diversification. If it was just a financial investments taking only share purchases in the books of K Sera Sera then I would have understood. Money is an undifferentiated resource that you are deploying in something but where is the competence coming from. One is gold which I believe has already a run up quite a bit and not looking at any major rally beyond $1500. So buying gold mine at current levels may be not that interesting.

I am really aghast to hear all these kind of things. It looks like kind of a conglomerate business model - that was in favour in the 1980s, after that I do not know whether it is really going to be successful or not. K Sera Sera down in the dumps at Rs 13 on Friday. My take is that exit on rallies unless of course you are very keen to play speculative trades because this stock is known for speculative buying but that does not take it much further. So it is actually a pass by.