Dhanuka Agri--Reched 110 and correcting, hope short term members made profit and long term holding.
ABC India--Recommended at 120 now trading at 136.
Sah Petroleum--Booked Profit once...good chance to re-enter again at 34...
Shirpur Gold--Hold recommended.
Atul Auto---Good levels to add are 110-120 and low...target in medium term 150-175 levels.
Cera Sanitary--Moved after we recommended to 240 levels...and corrected...hold recommended...and those who havent added add at 190-200 levels...
For any query mail us multibaggerpicks.info@gmail.com
Tuesday, July 26, 2011
Thursday, July 7, 2011
Shirpur Gold
Shirpur Gold--512289---For high risk taker...CMP 102...
We all know the story behind shipur, if one dont knows a small review below...
This company is into Gold refining business and was started once in 2001, and that time Shirpur gold was promoted by the Patels of Autoriders group and it is the first and largest gold refinery in India. Autoriders group started the commercial production in 2001 with a set-up of 300cr plant, but due to death of the promoter Mr. Mukesh Patel...the project got de-railed...and company could not ramp up its business. After this they were not able to run the operations and less working capital and non-payment of loans company went into the hands of Asset Re-construction Company of India. From there Jayneer Capital Private Ltd JCPL (Zee Group) acquired the financial assets of the Company through a bid process which was awarded in their favor by ARCIL. JCPL also had converted loans on Shirpur to equity and started the commercial production for last 3 qtr. But still it need to show profits to its investors...whr risk lies...Company is running at very less capacity as of now...once it uses 70-80% of its capacity and shows profit it will be completely re-rated... company current market cap is of just 159cr..... which is much lower than what quality of assets they have as of now...if company goes for liquidation it will be surely more than 200cr...
So not much to loss...and long term can get very good returns....
Buy with 3-5 years view...not less than that...
Cheers
Sanket
We all know the story behind shipur, if one dont knows a small review below...
This company is into Gold refining business and was started once in 2001, and that time Shirpur gold was promoted by the Patels of Autoriders group and it is the first and largest gold refinery in India. Autoriders group started the commercial production in 2001 with a set-up of 300cr plant, but due to death of the promoter Mr. Mukesh Patel...the project got de-railed...and company could not ramp up its business. After this they were not able to run the operations and less working capital and non-payment of loans company went into the hands of Asset Re-construction Company of India. From there Jayneer Capital Private Ltd JCPL (Zee Group) acquired the financial assets of the Company through a bid process which was awarded in their favor by ARCIL. JCPL also had converted loans on Shirpur to equity and started the commercial production for last 3 qtr. But still it need to show profits to its investors...whr risk lies...Company is running at very less capacity as of now...once it uses 70-80% of its capacity and shows profit it will be completely re-rated... company current market cap is of just 159cr..... which is much lower than what quality of assets they have as of now...if company goes for liquidation it will be surely more than 200cr...
So not much to loss...and long term can get very good returns....
Buy with 3-5 years view...not less than that...
Cheers
Sanket
Wednesday, July 6, 2011
Cera Sanitary Ware
Add Cera Sanitory ware on every falls...CMP 214. Low volume counter, so add in small lots at every falls for 1-2 years view...Very good portfolio stock...
Company is into manufacturing of Sanitary products. And every house uses it...and consumer industry story...and that too Indian domestic market growth story...so long way to go....
FY11 EPS of the company is 27 (but thr might be error, as EPS should be around 21.7 approx as per Net profit figure..) and PE of just 8, Hence short term it can move to 270 levels and long term also. a good bet....
FII buying from the market and March qtr had seen increase in holdings, promoter also increased holding...
Sales increases slowly and should see more rise as more and more construction of houses and offices increase in India.
Expect 300cr sales by FY12 and hence EPS of 29-30 approx and with PE of 10, we can easily get targets of 300...which is 50% approx move from this levels...good for long term investment....as sales grows...
Add at CMP and on every falls...
Cheers
Sanket
Company is into manufacturing of Sanitary products. And every house uses it...and consumer industry story...and that too Indian domestic market growth story...so long way to go....
FY11 EPS of the company is 27 (but thr might be error, as EPS should be around 21.7 approx as per Net profit figure..) and PE of just 8, Hence short term it can move to 270 levels and long term also. a good bet....
FII buying from the market and March qtr had seen increase in holdings, promoter also increased holding...
Sales increases slowly and should see more rise as more and more construction of houses and offices increase in India.
Expect 300cr sales by FY12 and hence EPS of 29-30 approx and with PE of 10, we can easily get targets of 300...which is 50% approx move from this levels...good for long term investment....as sales grows...
Add at CMP and on every falls...
Cheers
Sanket
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