Tuesday, October 2, 2012

GRP LTD ( Gujarat Reclaim and Rubber Products Ltd) - Book Partial Profit

I have recommended a BUY on   Gujarat Reclaim and Rubber Products Ltd @ Rs.730/- on March26 ,2010.(Old Posting HERE)  which is now trading around Rs.1585/-  ,an appreciation of more than 100 % in two years  . Recommending to sell  at least 50 % holding and keep the balance as cost  free.

31 comments :

  1. Hi VP, what is your view on Ceat and Jai corp...

    ReplyDelete
    Replies
    1. Not tracking Jai corp,Regarding Ceat - I will never recommend any stock from RPG Group.May move or not but I don't like their attitude towards minority share holders.

      Delete
    2. VP,
      very well said about RPG group. Investors should stay away from that group AND ESSAR which are know to destroy small investors wealth and have cheated the Nation of critical resources. Look at Essar shipping/steel. their stock price never goes up and they frustate the investors to sell and CHEAT.

      Very well said. I had held Essar shipping for almost 15 years and the company stopped giving interest on debentures claiming loss in business.

      Delete
  2. Request your views on Thangamayil Jeweler ?

    ReplyDelete
  3. Dear value Pickji,Already Basant Agro is at 20% upper circuit on 1st day after ur rec, do u suggest still can buy if 2nd day also up by 20% another. Pls suggest sincerely shall we buy after 40% up after ur recomendation..awaiting for ur suggestion..

    ReplyDelete
  4. Dear Friend

    I have no concrete answer for this .I just presented my views on the stock .some one may find value for this stock upto Rs.4 ,some other upto Rs.5 etc. Each depends on ones conviction and risk taking capacity.I don't think anyone in stock market can predict a target for any stock and firmly say it will reach at that point and will not go beyond that price.

    ReplyDelete
    Replies
    1. Dear VPJI
      Thank you very much for your prompt and sincere suggestion. Our selves need to convict and take action accordingly. Anyway i expect tomorrow also 20% on 2nd day of ur suggestion bcoz of penny size stock/price...hats off to your valuble research work to small investors..

      Delete
  5. VP Sir,
    With profit booking done in few stocks mentioned by you and others, I wanted to now your view on Schneider Electric.
    Can one buy at current levels? I had missed the opportunity earlier and wanted to buy around 70 levels as results were down but stock remained strong and moved up due to open offer.

    If possible if you can suggest entry price along with your view.

    Thank you sir.

    ReplyDelete
    Replies
    1. Dear Pankaj

      This stock recommended at Rs.69/- at this price it is a Hold for me .

      Delete
  6. sir,

    INDAG RUBBER one of your other recommendation in the same sector has also gone up,probably 2-3 week result expected,whether to hold and also your take on MINDA Industries(AUTO SECTOR)

    Thanking you

    Regards
    ramesh

    ReplyDelete
    Replies
    1. Dear Ramesh

      Both of these cos are not doing the same business .Hold now and review after qtr result.Not tracking Minda.

      Delete
  7. Dear sir,
    whats your view on Kwality Dairy on CMP.

    ReplyDelete
    Replies
    1. Not sure about the quality of the promoters of Kwality .

      Delete
  8. Respected vpji,
    can i buy veljon denison,premier explosive at this lavel.

    ReplyDelete
  9. Dear VP ,
    What is your take on the following stocks
    GMR infra
    Bilcare
    Jsw Energy

    ReplyDelete
    Replies
    1. Not tracking GMR and Bilcare.

      Hold JSW Energy for long term.

      Delete
  10. Dear VPji, What is your view about HBL power?

    ReplyDelete
  11. Hi Value Pick,

    Can one enter in Rossell India at current levels (31 approx), which is much lower than your recommended price in Jan 2012 earlier?

    Further Basant Agro is already up by 40% since you have last recommended. Should onw wait for buy at dips or consdering the long term perspective, one can also buy at these levels? Your advice would be most appreciated. Apologies if I am repeating this question again?

    ReplyDelete
    Replies
    1. Dear Amit

      No change in previous opinion on Rossell

      For second question, read the reply for one of yesterday's comment.

      Delete
  12. Dear VP,

    My question is regarding Sequent's shareholding pattern..
    In sptember 2011 it was showing 72.51 % and December 2011 it was reduced to 55.57% (Source:BSE website).

    Whats the reason for that? .. i coudnt find it.

    Thanks a lot
    Rgds
    Zain

    ReplyDelete
    Replies
    1. Not difficult to find out - what has happened .Do some home work and check the changes of the share holding pattern of both promoter and public category in these quarters.

      :)

      Delete
  13. Dear VP ,
    what is your take on cinemax

    ReplyDelete
  14. Sir,
    what is your opinion on
    Reliance capital
    NMDC
    Jain Irrigation

    ReplyDelete
    Replies
    1. Generally not following popular stocks like this

      Delete
  15. Dear Amit,
    what is your take on Hinduja Venture and RS software?

    ReplyDelete

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