This topic contains 2 replies, has 1 voice, and was last updated by Vijay Patel, Bhavnagar 3 months ago.
November 18, 2017 at 12:00 pm #4549
Sail Rs. 78.70 ( suggested on 18 November 2017)
Sail another Government PSU now at Rs. 78.70 is expected to give good returns in coming weeks. As such most of the steel stocks have shown strong bull run and now it is due at Sail counter.
Target Rs. 77.47 Stop loss Rs. 85
Next update will be given on Wednesday ( 25 Nov 2017)
The forum members are invited to give your comments and observations related to Small cap Sweeties, identified by them .
West Coat Papers Rs. 207 ( on 02 August 2017)
WestCosst Paper is Bangur Group company and manufactures quality paper. The company has strong balancesheet and profitability record.It has very small equity of Rs. 13.21 crores. On sales of Rs. 1762 crores, the company earned net profit of Rs. 128.50 crores. The company earned EPS of Rs. 19.50 in 2016-17. In the current year, strong uptrend is expected in the profitability. I expect EPS of Rs. 22 in 2017-18. The scrip shows PE ratio of 9.40, which is quite reasonable for a Bangur Group company.
Target Rs. 228 Stop loss Rs. 202
Pratibha Industries Rs. 10.20 ( on 01 August 2017)
The scrip was showing downtrend since last many sessions and now it has started uptrend. The company in construction and infrastructure sector has incurred loss of Rs. 823 crores on total income of Rs. 1060 crores. The scrip has book value of Rs. 16 ( FV Rs. 2). The sector in which this company operates is expected to show revival in the coming months.
Target Rs. 11.23 Stop loss Rs. 9.47
November 20, 2017 at 10:45 pm #9037
I looked at your suggestion of WestCoast papers on 2 August @ Rs. 207.West Coast thereafter touched Rs. 222.So return is relatively small as compared to other small cap stocks. However I agree with your current suggestion of Sail. This is fundamentally very strong PSU and Steel sector is passing through bullish phase. I have bought this scrip at Rs. 52/54 after reading in Chanakya. Hope to retain this till Rs. 92/96 in coming weeks.
November 20, 2017 at 10:49 pm #9038
Vijay Patel, Bhavnagar
There is solid demand for all type of PSU stocks more particularly old economy PSU stocks such Sail, Nalco, NMDC etc. I also agree that Sail in coming days can give rock solid profits.I suggest Nalco for one month holding.