WINNNING STROKES: THINK DIFFERENT:
[UPDATED]
J P Associates Ltd recommended yesterday to both the free and Paid Groups around Rs.121--Rs.122, touched Rs.128.70 today. The stock was recommended yesterday, even a some brokerage gave a sell call on the news it is close to acquiring nearly 74% controlling stake in the Fertilizer division of Duncan Industries Ltd. The scrip has made a rock solid bottom with the next target being Rs.135. The stock has already broken out and the next target seems to be possible.
A buy call was given Kohinoor Broadcasting Corporation Ltd when the stock hit the lower circuits. After my buy call there was a block deal which took the stock up. The closed flat with huge volumes. The company came out with superb set of consolidated numbers for the Q4FY10.
Northgate Technologies Ltd moved up to Rs.17.70 after a buy call was given yesterday (15th June, 2010) at Rs.15.70--Rs.16. That joker who got lot of favours from me (and now obviously got blinded by his sudden success) who even even begged me to give him free service(When I leart and stopped the service) on the promise that it will not be forwarded to his Paid Clients (don't who subscribes to forwarded calls of other brokerage houses at such high price) and who recently said, "Pyramid saimira, northgate etc. which may only move up during market peak", hat to bit the bullets today. But his Cheating habits still contining sometimes forwarding calls of other Paid Services or Forwarding the Business Magazines free of charge to his clients..The flukes can remain for short term only, because sometimes quacks also attain success by luck. Good luck to his clients....I hope they do not lose their Kidneys, like many did while investing in some very good balance sheet oriented companies, like IFS Ltd (can anyone tell me the company which was delaring EPS as high as Rs.25, in 2004--05, where is this company) or Teledata System Ltd or Kolar Biotech Ltd?? Can that fool tell me why is Dish TV (Rs.430) trading at such a high price even as it is making losses are after. If investing would have been so easy and balance sheet (good balance sheet quarter after quarter) oriented, people would have made Taj Hotels in matter of few months. BUT WHEN PEOPLE HAVE GOOD TIMES, THEY THINK THEY HAVE CONQUERED THE EARTH.
My recommended XL Telecom and Energy Ltd moved to Rs.37.60 before cooling down a bit. This stock would give superb returns going forward. Please do not listed to "Call Forwarding Great Pundits" available today or else liability is yours. The stock would benefit from the Buoyancy in the crude oil prices as BP tries to stop the oil spill. Jim Rogers said that the crude oil will go high up.
Pyramid Saimira Theatres Ltd (PSTL) moved up by more than 10% when a buy call was given today. The stock should move to its natural target of Rs.20--22, in the next few days. Those who have still not bought the scrip should buy it before it races ahead. In the last few months the company has taken a number of measures which are likely give fruits going forward among them is the conversion of the bank debts of the company of Rs.183.19 Cr into bonds repayable over 3rd, 4th and 5th year and Conversion of Foreign convertible bonds into shares at Rs.246 per share. Are they not good news apart from the news that PSTL will demerge the operations
of the company into Exhibitions (Pyramid Saimira Theatres Ltd) and Food
& Beverages (Saimira Foods Ltd).Generally demerging of the companies, increases the valuations of the company.
Sanguine Media Services Ltd closed flat as the stock is finding difficulty to cross the next levels of resistance. However, with the markets expected to generate further momentum once 5400 is broken on Nifty, the scrip would race past. According to my close sources the company is expected to come out with good results for the Q1FY11. There are also chances of Sun Network Ltd buying stake in the company. If this happens then Rs.20, would be the next target.
Today Reliance Industries Ltd was recommended at Rs.1050 for a target of Rs.1150. Please keep a SL of Rs.1020. The company would benefit from the expected buoyancy of the crude oil prices and also from other positive developments in the company. In this context Cairn India Ltd was also asked to be bought on dips to the Paid Clients.
I will speak with the sources of Hilton Metal Forging Ltd and Refex Refrigerants Ltd tomorrow and if any good news is there, I will pass on the sameto the Paid and Free Groups. Hence keep an eye on this blog.
M ORE COMING.............!!
Comments