For the latest March quarter , company posted a turnover of Rs.39 Cr v/s Rs.20 Cr and a net profit of Rs.2.76 Cr v/s Rs.19 Lakhs .In 2011-12 full year company recorded a sale of Rs.125 Cr v/s Rs.87 Cr and a net profit of Rs.6.66 Cr v/s Rs.1.43 Cr .Today EPC quoted Ex-Rights basis @ Rs.115/- .Recommending to HOLD for long term.
What to do with Suzlon.
ReplyDeleteHold Suzlon if you have some risk appetite , Clear picture will emerge by June end.
ReplyDeleteThank you Sir.
DeleteI have 1250 @ average of 66/- bought a various level right from 115 to 23.
In the recent months I had traded from levels of 23-33 and booked some profit but those which I purchased at higher level are still with me.
I am planning to purchase 300-500 more when price falls to 17-18 and then reduce my holdings on price rise.
Hi Valuepick,
ReplyDeleteIs it possible to apply for rights issue online?
I have my demat account but recently I shifted to another city and my demat account still holds the old address. Getting address updated will take time and not sure if I can get rights issue form on my current address.
Any help is appreciated.
Contact with company secretary, you may get a soft copy .If not success option is there to apply even in white paper with full details.
ReplyDeleteValue pick, where should we apply in white paper for rights issue - to the company secretary or the bank - plz explain assuming the rights form doesnot reach me.
DeleteCAN U SEND US THE FORM
Delete1) Nothing with Company Secretary.If no collecting branches in your area ,form should be send to R& T agent
Delete2)I AM NOT THE R & T AGENT TO SEND YOU THE FORM
It was very funny , you are doing free service but way people demand sometimes it looks like you are being paid, thank you for not loosing patience because we dont want to loose your service beacuse few funny people
ReplyDeletergds
Praveen
Dear Valuepick
ReplyDeleteWe understand that due to time constraint you choose to give updates only on some promising picks and neglect others which are not doing so well. But if you kindly consider the plight of new investors to whom you are the only source of information. Very few magazines and websites cover small caps. It is practically impossible for us to get feedback from management. You are among the few who are blessed with such information. kindly do justice to some of your picks which are not doing so well.For this we shall be ever grateful to you.
Regards
Sir how about buying renuka sugars at CMP?. I hope already it has seen its lowest. Is it good to buy now ? Please advise
ReplyDeleteDear Satish
DeletePositive on this whole sector,but need patience.
Dear Mr.ValuePicks,
ReplyDeleteWill you provide some guidence about TIL LTD ( BSE CODE: 505196). I am new to your Blog and joined in your blog yesterday only. Please give me some guidence
Kind Regards,
TGK.Shankar
Dear TGK
DeleteTIL is a good company , but the industry in which TIL is operating may face some challenges in short to medium term .If you are looking for long term, buy in small lots in any dip.
dear Value pick,
ReplyDeleteI have 300 shares in Advanta India at 390 per share. I am in dilemma whether to hold or book partial profit as the due date of the board meeting is nearing. but as per my risk profile i can hold with a stop loss of 9000. please give me your comment. Thanks Ramamohan
Daer Ram mohan
ReplyDeleteI think the answer is in your question itself.I am positive on this company but if you are looking only for short term and afraid of qtr result put a stop loss.
Dear sir,
ReplyDeletePlease change time settings in your system, it is showing incorrect time.
Dear Friend
DeleteI don't think there is any problem in my system time.Posting time is correct but time regarding Comments are wrong.May be a problem with the 'Blogspot'
Hi,
ReplyDeleteWhy has EPC gone down 5% today even after good results?
Dear Jk , I have no answer for this.But I feel it is a HOLD or even a BUY for long term
DeleteDear Valuepick,
ReplyDeleteCan you please let me know your view on Simplex Castings Ltd.
Thanks,
Shyam
Dear Shyam
DeleteNot tracking Simplex Castings
WHAT IS THE PLNNING OF EPC FROM RIGHT ISSUE MONEY?
ReplyDeleteDetails will be available in abstract of prospectus along with application form
DeleteSir,
ReplyDeleteNCC is in free fall for last few days. Does it have anything to do with the reappointment of MD, Director?
Thanks.
Sir,
DeleteYou are very patient man to answer our questions. You are doing a great servcie for free.
Thank you very much!!