Thursday, April 22, 2010

STERLING STRIPS - A PENNY STOCK


Sterling strips is a small engineering company,
started in 1984 by Mr S Venkata Subramanian an
Ex- Employee of THERMAX Ltd. Now company is a BIFR
case due to mounted accumulated losses. Company is
providing EPC services to industries like Power,Steel,
Refinery..etc. After a long time, company is showing
some distant signs of revival. Even the size is very
small at present there is enough scope in its user
industries .If the management is capable of
capitalizing this opportunities after the
BIFR ruling ,one may get decent return from this
penny stock in long term .Keep tracking few more
qtrly results and then take a decision.
Don’t take it as a recommendation to BUY .
Currently it is quoting around Rs.7/-

18 comments :

  1. will you please give your views on INDIA FOILS?

    ReplyDelete
  2. India Foils has a target of re.1/-

    ReplyDelete
  3. Jai hu valuepick ji ki, if we can know your name that will be gr8....Ram Ratan Wires me tu maja aa gaya ajj, got 10k in single day ajj morning liya tha and sold today itself....jai hu ....thanks for all this wonderful analysis and peaks. keep going---should i transfer a small share from the profit......let me know the account no ...i am ready to do so...will be happy to pay for the services

    ReplyDelete
  4. Value Picks from Value pick are not meant for trading, he is providing for long term investment. :), he is lot of hard work before providing script.

    ReplyDelete
  5. Hi mahesh
    Yes i know it very well, and i bought few shares for long term also, but bought 1000 today morning for inveetment purpose and price shoot up with 10 rs diff, hence took decision of sell, invested in many scripts from value pick and happy with the recommendation.

    ReplyDelete
  6. Dear Sanket
    My blog is only a small effort for saving retail investors from so called tips of operators and help them to make aware atleast about the basic fundamentals of scrips in which they are investing. In the beginning of my experience with stock market my figures also burnt a lot because of such tips. So I am doing this,for not repeating the same situation to others. I am not expecting any monetary benefit out of this .I request all my readers to study deep about the scrips before investing,I am just inviting your attention to some scrips .
    Happy investing.

    ReplyDelete
  7. Value Pick,

    You are awesome guy with deep knowledge i track you on this blog as well as MMB. I am learning lot from your efforts :).

    Stay Healthy.

    ReplyDelete
  8. SIR,
    DO YOU SEE ANY FUNDAMENTAL PROSPECT FOR THE BELOW MENTIONED FOUR COMPANIES?
    1. NORTHGATE TECHNOLOGY
    2. SANGUINE MEDIA
    3. KOHINOOR BROADCASTING
    4. INDIA FOIL

    ReplyDelete
  9. For the first three cos ,nothing other than operator/promoter play in a bull mkt.Regarding India Foils ,earlier Essdee Aluminium bought shares and claimed that they are going to revive the co .But now they are offloading shares.

    ReplyDelete
  10. And Sir,
    Will you cover some companies which are in their nascent stage,tarading at say below 10-20 rupees but have potential to grow like infosys, unitech etc. in long run say 10-20 years?
    (please don't read, I am asking for multibagger reco.)
    n.b. : I am not in hurry
    THANKS

    ReplyDelete
  11. your question is really confusing.You are saying potential to grow like infosys and at the same time not asking for multibaggers .????

    ReplyDelete
  12. I meantI am not asking for so called multibagger recommendations of the street in a bull market. I wanted real strength of business companies which are in their nascent stage,tarading at say below 10-20 rupees but have potential to grow like infosys, unitech etc. in long run say 10-20 years?

    ReplyDelete
  13. Dear vvvv,

    Investment is not about multibagers its a combination of passion, patience and hardwork to invest in BUSINESS, dont run for Multibagger, in these days you will see Multibagger within few weeks ;). Look @ Rungta Irrigation, Its biz is awesome. Look @ AMB its also awesome. Such types of stocks are BEST for 3-5 years holding and You should enjoy the ride for those stocks. Not TOO FAST TOO SOON Multibagger Stocks :).

    Never Go PANIC BUYING [Business Never Grow Too Fast] and NEVER GO PANIC SELLING [Business Never Fall Too Fast].

    Happy Investing :).

    ReplyDelete
  14. Dear sir,
    i have bought one scrip recommended by a blogger in MMB. i will be thankful if you also give your opinion on this scrip.

    Consolidated Finvest & Holdings Limited (NSE)
    CMP : 65.85
    Bought at : 85

    ReplyDelete
  15. Sir Can u tell me the future of Glory Poly Films stock

    ReplyDelete
  16. the result for this quarter is excellent... did you see its results ??

    ReplyDelete
  17. Well, I do agree with that the market is cheap and it might get cheaper, but i think this is out of my control so it doesn't really matter. I think We should based on our own research to identify those bargain stocks and invest in it if it suit our own investment philosophy.

    ReplyDelete

Followers

Tweet TopOfBlogs