u knw d stock mkt has inbuilt risks.one shld protect his capital and continue t book profits (if in profit)Projections ar there for d future.it may reach or may not reach due t risk factors(particularly in these types of cos where mgt is risk prone).apparentaly dis share look t cross even 100/ in 2 yrs time.But u never know.keep small portion of your investments in dis as well(I recommend t all investors dat they put 10% of capital in these types of shares).Good luck t all.
what you are saying could be true too....but its not going below 6 thats proven ...Puri bid for deccan chargers and was refused specifically for the reasons cited by you and he now sees the importance of repute..one of the reasons im betting on this stock....as for perfect governance and business we`ve seen so many midcaps doing it till the big fall where the capital is almost wiped out....here you dont run that risk....I have gone to their perambur project (joint venture with arihant and unitech) personally as a buyer phase 1-2 sold out and registrations going on in full swing...3rd phase some flats left mostly the ones that gets booked last....Potluri wants to be treated as a corporate entity and that`s where im placing my bets....
let me get this straight... i never put any target...all i said is limited downside whereas the upswing can be great...if it reaches 15 by annual results or 1st quarter 9which it will) thats 100% returns isnt that enough ... why does everyone dream of 100 times returns... thats where the losses accumulate
This stock is a value trap. Don`t buy in bulk, maybe small quantity. There are 100s of such stocks which have `hidden` value. The value will continue to remain `hidden` as promoters siphon off the cash. The trick is that since the price is at Rs.7 it looks `cheap` but if you look at the market cap at 170 odd crores and the number of shares, one will find that it is not cheap.
Think coolly, if this stock had so much value, how come so much trading happens every day? Who is selling?
Most of the boarders are saying that this will go up by 10 times since 3 or 4 years. Nothing has materialized.
As long as Jagan is in jail, it will be difficult to take this stock higher.
otluri`s talent is not entrepreneurship it is corruption.
Disc: I have small quantity (as a side bet). I don`t have much information regarding this company.
This stock is a value trap. Don`t buy in bulk, maybe small quantity. There are 100s of such stocks which have `hidden` value. The value will continue to remain `hidden` as promoters siphon off the cash. The trick is that since the price is at Rs.7 it looks `cheap` but if you look at the market cap at 170 odd crores and the number of shares, one will find that it is not cheap.
Think coolly, if this stock had so much value, how come so much trading happens every day? Who is selling?
Most of the boarders are saying that this will go up by 10 times since 3 or 4 years. Nothing has materialized.
As long as Jagan is in jail, it will be difficult to take this stock higher.
otluri`s talent is not entrepreneurship it is corruption.
Disc: I have small quantity (as a side bet). I don`t have much information regarding this company.
Good evening GUEST ji. Thanks for your positive note on this scrip. I would like to request all those who are positive to please explain, what leads you to put such a target of Rs. 70/- or any other higher amount?
As it is every one is shocked the way the market has taken investors in roller coaster throughout the globe.
Any clear light on the issue or message would help not only me as well other investors.