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Thursday, May 15, 2014
WINNING STROKES: THINK DIFFERENT
That scrip which was recommended on 7 May, 2014 hit another buyer freeze at the opening trade at Rs.13.39. The stock, has a book value of Rs.39.97 and has 29.97% of equity (stake) in Haldia Coke and Chemicals Ltd, which in turn hold 60.85% in Ennore Coke Ltd. It is also into Wind Energy in a major way, and is expanding capacity. Join the Premium Service to get such scintillating calls. Also, if you are running losses, then cover all of that, through some correct trades.
Plethico Pharmaceuticals Ltd today moved to Rs.43, before closing at Rs.41, up 6.91%. The investors were repeatedly asked to accumulate at least 5000 shares of the company. Hope those many of the blog readers have done the same. The company is waiting SEBI's nod for its 5:1 bonus issue.
My Recommendation Marg Ltd around Rs.10.50, today touched Rs.15, in just in less than one month. It seems there is now no option left for the company other than coming up with an open offer. This time SAT (Securities Appellate Tribunal) acted against the interest of the shareholders. It is only SEBI which came in the rescue of the small investors and then came Honourable Supreme Court. I feel now the shareholders will be rewarded over a period of time. However, this issue raises lot of questions regarding, the Modus operandi of the SAT apart from raising apprehensions that company managements can connive with SAT officials and get a favourable judgement, pivoted on some trivial reasons. Therefore, the government of India should inquire the matter thoroughly.
Southern Online Bio Technology Ltd today touched Rs.6.25, before closing flat at Rs.5.92. Yesterday, the scrip hit 20% buyer circuits. The company's both the bio-diesel plants have started working at optimum capacity and therefore, future looks excellent for the shareholders. Moreover, the promoters are coming up with a preference issue whose price is much higher than the CMP of Rs.5.92.
My recommended Jai Prakash Power Ventures Ltd today touched Rs.17.36 (2nd target was Rs.17), before closing at Rs.16.84.The stock can now consolidate for sometime, before making the next move.