Building Up A Portfolio At A 7000 Level

[supratik]

Hi Sandynisha,

I can recommend only on Ashok Ley, which is a great buy not perhaps at current levels but definitely a hold at current levels.
I do not know about Parekh Plantinum.

Narendra,
Regarding Surya Lakshmi Cotton, it has been a good buy. This is a script you have to keep your patience on for a quarter. As I said, the target EPS would be 50.
So if this EPS is at all achieved, I would say the stock would be at a 400 level.
Please keep a hold on it.
Please do not be afraid of the 222 level. You could find the stock consolidation at this level and would definitely stay above the price you bought.I could also recommend you to buy this counter at this level, but not heavily.
Currently no SLs on this.

Vicky,
I would get back on your query.

 

[nn0023]

Congraulation Supra

Ur Call Of Maharastra Seamless Has Achieved Target.

Thanks & Regards

Nandan

 

[supratik]

Thanks

I am still holding on. Crompton Greaves and Maharashtra Seamless were also Investment proposals.

Regards
Supratik

 

[supratik]

The next tip is on Madras Cement

The stock has been a good performer.
It is an investment proposal.
CMP of 1570, I would suggest a target price of 2500 over 1 year span.

Please note that the counter has low volumes, so please keep patience.

Thanks and Regards

 

[supratik]

Crompton Greaves suggested at 605 and 640 is now tradind at 788
It has touched an intraday high of 814

Thanks and Regards

 

[ssnkumar]

Crompton Greaves suggested at 605 and 640 is now tradind at 788
It has touched an intraday high of 814

Thanks and Regards

Thanks for that great Suggestion Supratik
I had bought it at 622 and happy to see it reach 800 so soon!
Hope it reaches 1000 also

Today it gained nearly 100 Rs.
Any idea why and can we hold it for long or is it time to sell?

Regards,
Narendra

 

[supratik]

You can still hold it, I had got a doc on Cromton Greaves were it was showing good fundamentals and the Company's expansion plan and clientship.

It was looking good to me. I would find out that doc and would circulate it.

Thanks and Regards

 

[supratik]

Hi All,

Something to buy -- A Recommendation From CNBC also
Munjal Auto

(CNBC Website)
Munjal Auto is emerging out as a very strong two-wheeler ancillary story, it has two main divisions; the sheet metal component division and forging and gear component division. This company is de-merging the forging and gear component division into a separate company. As a result of this Rs 20 crore equity of the merged company will be Rs 10 crore each.

The business of the company is very interesting. In the current year we see that the sheet metal component business is generating about Rs 280 crore, and we are expecting Rs 45 crore from the gear component itself. This would result into Rs 40 crore plus bottomline, and as a combined company with equity of Rs 20 crores, it will generate about Rs 20 earning per share.

The stock is available at around Rs 10 P/E for March 2006 earnings. The company caters to Hero Honda and other companies and with the growth plans that they have, the company is shaping up very well. The company looks like a multi-bagger from this level. From the current level we can expect around 30-40% appreciation and beyond that 30-40% appreciation is possible in 2007-08.



This counter is looking good with good fundamentals. I would say it is a good buy. A price target of 280 is achievable.

Do not buy heavily. You could wait for a 210 level to buy in good quantity.


Another point I would like to mention is - I have received mails from many of you regarding my proposals on the penny counters. Ofcourse all mails are very welcome but the recommendations were given on the basis of some fundamentals. I tried by best to find those penny counters which would be better than the others of the kind, of course we have booked profits in 80% of the counters but the remaining right now are insignificant. I would like to apologise for the same.

Thanks and Regards
Supratik

 

[ssnkumar]

Hello Supratik,

Can you suggest few good scrips to enter at current levels?

Regards,
Narendra

 

[supratik]

Buy counters that have performed well over the last few quarters and have a low P/E(i.e. high EPS)
These counters will be undervalued and money would flow in at some point.

Eg: Aarvee Denim Exports, Surya Lakshmi Cotton Mills, Sail, Jindal Stain, Munjal Auto.

Among the above I would recommend Surya Lakshmi Cotton Mills and Munjal Auto among excellent picks.

Thanks and Regards