The stocks would rally for another ten days due to commencement of hudco board meeting which plans to raise more funds for new projects and also a dalal street stalwart as reportedly bought a huge stake in it. http://economictimes.indiatimes.com/markets/stocks/news/cdsl-hudco-au-small-bank-jump-over-10-whats-driving-newly-listed-stocks/articleshow/59576375.cms
I am old investor still I ma not sure whether to hold or sell :), keep a trailing stop loss (revise the stop loss upwards as the price moves up) and hold.
HUDCO may fall tomorrow. Better to exit now and book profit, then re enter at dip. No doubt it has strong fundamentals but corruption case is cooked up against its management.
I have 200 HUDCO alloted, and could not sale on listing.. Seek your Advise as it is getting Down... Should I Hold or Sale at this level..Please Guide...Thanks
I am silent observer of your comments for secondary market. Sensing the up coming trend is what make you stand apart from others. The way your call on balaji teleflims is playing out is splendid. You can easily be put into big investors category. Our call on dilip was also great. Call on Vikas Ecotech is yet to play out. South indian bank has given more than 35% return. Hats off to you. Please continue to fill us with your secondary market trade updates. It means a lot for me and other guys who are just here to learn something from your greatness.
Please guide me on Advenzymes. My average price is Rs.400 should I buy more to lower my price . I just want to know your views which one is helpful to me. thanks with regards hsc
Suggested when rbl bank was 570 that val>uation r too high for now.. still i feel high valuation(@510) .shouldn''t give more than 5x bv.. But .for long term it''s okay ..Allahabad and other psu bnk also buy in dip type no problem.
Valuation point of i do agree with you... But every time lower PE may not be always right approach... Good fundamentally strong company will always have higher PE & grow accordingly.
I see risk of debt (Vs available reserve) the way it has creep many good business/co. like Suzlon, GVK, GMR, Lenco, DLF in long term but yes short team valuation point of finding Low PE could be OK but it should be either better management, order books in hands or prospect of business grow (based on broader economical developments)..
Presently, I would see better valuation in some pharma co. like Sun, Glenmark pharma... (PE 8 compared to industry avg. 25) Other would be Tata Global, Tata Coffee, Karur Vysya..
At times better to go with fundamentally good co. (may have higher PE/ valuation, it can be mirco or small cap) but it would be relatively safe rather than having major correction when market go down. Can be entered during broader market correction.
As a small individual investor, i personally feel, it would be very important to ensure that money should not get locked with wrong companies since very limited amount of funds are available for the EQ invest compared to other big players...
2396.13. P Patel| Link| Bookmark|
May 31, 2017 3:16:45 PM
IPO Mentor (900+ Posts, 900+ Likes)
@Futurze - Totally agree with you.
At this level some pharma stocks like Sun, Glenmark, Lupin, etc are good to invest considering 1 year of time. Within a year or so, it will give very good return with very low risk since almost no or very less on down side.
2396.14. P Patel| Link| Bookmark|
May 31, 2017 3:24:44 PM
IPO Mentor (900+ Posts, 900+ Likes)
@gamble - keep eye on Borosil Glass works...
1) Low capital - 2.31 cr 2) Low PE - 14 vs 33 of industry 3) Almost Nill debt - 32cr secured 4) Book Value - 2462 ( 2.48 - Price/Book )
Currently available at 7600 of 10 FC. Company has announced Split from 10 to 2 in August. Recently government has laid anti dumping duty.
Seems will give good return before or after split.