Building Up A Portfolio At A 7000 Level

[ssnkumar]

Narendra,
This is one penny stock that I remember I had recommended (without any fundamental study at 2.5 or 2.75 - dont remember exactly) and I am myself holding it. I had infact stopped looking at it as it had eroded a good amount of my profits. You have given me some good news for the new year. Thanks a looooooooooot.
BTW are you into Surya Pharma? It is a 'Heard On the Streets' call again - I have not studied the fundamentals so ofcourse this is not a commitment. You can try it out for a very short term.

Thanks and Regards
Supratik

I haven't yet taken position in Surya Pharma.
It has already gone up by 5% from the price when you posted! So, is it ok to take positions now also!?

With regard to Pentium Infotech, I and few of my friends had purchased it last year (or even before that), at Rs. 3.0
And after that it started coming down! I purchased few more shares inbetween and averaged it and sold with a profit when it came back to Rs. 1+ levels. After that, 2 months back, I bought it again at Rs. 0.60 and today again bought it at Rs.1.55.
Since it has started into to infrastructure and has put good amount of money into it, I am confident that, it will continue to go up for some more time. Hope you can also come out with some profit.....by next month end

Regards,
Narendra

 

[supratik]

Yes Narendra, keep posted on Pentium Infotech - I checked on the internet but did not get any result update - keep this posted, I thought I could also take up some position in this counter, this could aveage out my price, but let me know if this is a good price to pick up.
Regarding Surya Pharma, it is a heard on the streets call - from the same source where I heard on ITL. I have not looked into the fundamentals of the script...there are some private funds buying into it - thats a heard news again. I think it can scale upto the 120+ odd level.

Thanks an Regards
Supratik

 

[ssnkumar]

Yes Narendra, keep posted on Pentium Infotech - I checked on the internet but did not get any result update - keep this posted, I thought I could also take up some position in this counter, this could aveage out my price, but let me know if this is a good price to pick up.
Regarding Surya Pharma, it is a heard on the streets call - from the same source where I heard on ITL. I have not looked into the fundamentals of the script...there are some private funds buying into it - thats a heard news again. I think it can scale upto the 120+ odd level.

Thanks an Regards
Supratik

Supratik,

See this announcement (made in BSE by Pentium Infotech):
http://www.bseindia.com/qresann/news.asp?newsid={32AEEF69-B869-4622-9FD4-8762517E37FB}

I think this is the reason for the upsurge in the share price of Pentium.
And if my reasoning is correct, the current price is very good to buy again.
But, none of this is based on technicals, but only speculation.
So, if your price is around Rs. 2.00 only, then I think it is better to wait for it to go up. It is almost there and if it continues the current rally, then by next week end, it should cross your price.

Regards,
Narendra

 

[tarzan007]

Talking about penny stocks, i myself hold quite a few of them... stocks like Gravity synthetics, coral india, swasti vinayaka synthetics yielded lots of profit in a month's time, but some penny stocks like Pentamedia Graphics (pentasoft) & photoquip have eroded a lot...

 

[ssnkumar]

Supratik,

See this announcement (made in BSE by Pentium Infotech):
http://www.bseindia.com/qresann/news.asp?newsid={32AEEF69-B869-4622-9FD4-8762517E37FB}

I think this is the reason for the upsurge in the share price of Pentium.
And if my reasoning is correct, the current price is very good to buy again.
But, none of this is based on technicals, but only speculation.
So, if your price is around Rs. 2.00 only, then I think it is better to wait for it to go up. It is almost there and if it continues the current rally, then by next week end, it should cross your price.

Regards,
Narendra

Today, again Pentium went up by another 13%. Hope it will continue for some more sessions

 

[sandynisha]

Hi Sandynisha ,

Yes, It is a real hold. It will not show much of a movement...perhaps for a life time.

Let us all do one thing now...let us gift Pentium Infotech to our grandchildren, you will see them "pray and say"...look this is my favourite Grandpa/Grandma.



Thanks and Regards

hi supratik,
its been a long time ....have learnt so much from your thread.....i think we can do a review of this stock....many of my friends say the target is around 10rs in 2months or so ...or they are fooling us and company is repeting the same story for third time.
first cartesan computer tie up made a loss of 6 crore order.
second icecream adventure ....i dont know still holding the stock

sandy

 

[ssnkumar]

Here is one more TIP that I got from a friend.
He is subscribed to "Equitymaster" and they give out valuable tips from time to time.
Here are the details:
1. Scrip Name: NRB Bearings
CMP: Rs. 500
Target: 778
Price when it was posted: Rs. 474

2. Scrip Name: GE Shipping
CMP: 213.85
Target: 310
Price when it was posted: 208

Regards,
Narendra

 

[ssnkumar]

One more tip!
Name of the scrip: Accel Frontline (BSE Code: 532774)
It is in computer business and very recently has signed up with Sun Microsystems.
It has become an official partner of Sun Microsystems Inc for selling Sun Hardware.
If you don't know already, Sun Microsystems Inc's share (stock code: SUNW) has appreciated 100% in last 1 year.
It has many innovations to its name and Java is one of those.
And Sun has thrown open the source code of Solaris OS and Java to public.
This strategy has given it a boost and company is proceeding towards profit.
Also, there is news that one huge (and well known) company is going to buy Sun hardware. Once this news comes out, the share prices of Accel also might shoot up.

In the tip that I got, the target quoted is: 90-125-200 (30-60-120 days).
CMP is Rs. 66 and SL is 57.

I haven't looked into the profit/loss statement, quarter, half-year and annual results and convinced about the future prospects. But, I haven't done technical analysis of this.
So, if anybody wants to buy this, please do study and get convinced yourself and then only decide to buy.

-Narendra

 

[alok]

Good information on Accel Frontline... and I feel it is a good intermediate & long term pick.

 

[supratik]

Thanks Narendra for Pentium Infotech
Please keep posted on tips or other informations you get.

Thanks and Regards
Supratik