WINNING STROKES: THINK DIFFERENT:
[Updated]
The morning call on U B Engineering Ltd, given yesterday, first to the Paid Groups and then to the Free Groups (Those who are there on my Yahoo Messenger list), hit the buyer freeze in the late trade with good volume. This happened when the Sensex tanked by more than 600 points.The company is becoming debt free in this quarter and it came out with outstanding results in Q1FY10. The company would benefit immensely from the fall in the price of metals. It is from the high pedigree, Vijay Mallya Pack (U B Group). The stock should be crossing Rs.100 within the next few weeks.
Premier Explosives Ltd came out of the circuits after profit booking was advised for the Paid Groups. The company though is doing well, but is unable to clear the zone of Rs.42-Rs.45, since a long time--hence the sell call given. Yesterday's initial price movement was more or less due to operator based activities.
There is no stopping of Sicagen India Ltd as the stock hit another buyer freeze. The company came out with superb results for the Q1FY10. Also, almost all the wings of the company are doing excellently well. With the expected EPS of Rs.5--Rs.6, in FY10, the stock has a long way to go.
Those who are holding my recommended Vision Corporation Ltd (BSE Code: 531668) should not worry too much. The company came out with superb set of numbers for the Q1FY10, though the topline was a little subdued. The net profit of the company for Q1FY10, came out to be Rs.4.02 Cr as against Rs.64.05 lakhs in the same period previous year. The EPS of the company for Q1FY10 came out to be Rs.2.01 as against Rs.0.32 in the same period previous year. This miracle happened when there is a world-wide slowdown. Moreover, the company is also venturing into television broadcasting, which would give it a solid footing going forward. The company in a statement sent to BSE said, "It has also been decided how to make the Company a fully integrated entertainment Company having the plus points that the Company has its own contents to run on the channel having more than 200 films, 1000 music albums and various other serials in different languages and now very soon Company is going to start its own channel and the board has decided to set up an fully well equipped studio to make the Company a total integrated Company." For more on the company please visit: http://www.visioncorpltd.com/.
Axtel Industries Ltd (BSE Code: 523850) recommended in the Sunday Report to the Paid Groups became only buyer (don't get deceived by seeing flat closing....what I meant is that: was there were no sellers after it made a volume of 3400). The stock also clocked good volumes. AXTEL Industries Ltd is the leading supplier of process engineering equipment to the food, pharmaceutical and chemical industries. The company's fundamentals look good to me at the CMP of Rs.9.05, especially considering the case that the company is an indirect play both on the food processing and pharmaceutical industies The EPS of the company for FY09 was Rs.1.92 against Rs.1.78 in FY08. The June, 2009 quarter results were also better considering Y-o-Y figures. For more on the company you can visit: http://www.axtelindia.com
So how will the markets behave today and what should be done as regards investments in other scrips??!! Where are the next supports for the Nifty??!! Will the markets recover in this week??!! Why did the market fell yesterday???!! These portions are only for the PAID GROUPS.
Comments