I have recommended a BUY on DE- NORA(India) Ltd on 25th December 2010 @ Rs.79/- ( Old posting HERE ) .Currently it is quoting @ Rs.105/- .In march qtr ,company posted a turnover of Rs.6 Cr v/s Rs.3 Cr and a net profit of Rs.1.25 Cr v/s a loss .Order book position is also showing improvement over last year.Company also declared a dividend of 50% on FV. 10 shares .HOLD it for further gains.
Sir,
ReplyDeleteIn many a reply to questing regarding best long term pick , you have said that in selecting long term stocks for a port folio various parameters are to be kept in mind such as RISK TAKING CAPACITY, LIKING FOR THE SECTOR and so many and so forth.
With full honour to your such views, I would request that please provide a list of long term stocks (dark horse) of your CHOICE having huge growth potential for HIGH RISK TAKING investors.
Hope you will provide the same as I want to be spoon fed with your acumen of analysis of a company.
Dear VP,
ReplyDeleteWhats ur take on 'Bilcare'. It has come down to a buying territory. Oil prices seems to be a factor. But easily this can be passed on to its product price and no comparable listed company in the sector
Thanks
NR
VPJI,
ReplyDeleteIS THERE ANY NEWS @ TIMEX DELISTING?
Hi NR,
ReplyDeleteSorry to interrupt. But the main problems with Bilcare are
- Huge Debt and in future also need of it to fund for its R&D. (Remember without R&D, it wont survive)
- Promoter's have pledged 83% of their shares.
- Equity dilution with GDRs
This is my personal View.
With Regards,
Vikas
dear value pick is it right time to start averaging the stocks
ReplyDeleteHow can we call it averaging . Averaging - if necessary - happening at below the first purchase price.Here it is almost 40 % above the purchase price.
ReplyDelete