Buy MAN industries for Medium term perspective with T1:84/- T2:101-112/-.
Keep in mind that markets due for a correction, in the mean time stock may fall along with the broader indices but one should add it on every dip aiming the T1.
Dear chief – Thanks for your good words. Yes, there are some good news likely to come from this counter.
There are some positives in this counter:
1. Healthy order book (around 2000cr)
2. Demand likely to pick-up sharply globally
3. Capex just completed and boost the top line and bottom line in FY10
4. Good dividend yield
5. Realty suddenly taken the U turn and MAN has some exposure in realty
6. Huge orders likely to announce even in India from GAIL etc.,
7. In the upcoming days some order bagging announcement likely to come!
8. Very attractively valued, trading around the 4PE of FY10E earnings.
9. Oil demand likely to grow, which is a key positive trigger for this sector.
10. Volumes suddenly increased means huge accumulation going on.
Would appreciate if you too could create a blog and help investors with nice investing opportunities and recommendations. I suggest you also can create a blog like the one Be and Make has. I see you regularly tracking stocks after Be and Make recommends but in this case - you already made good profits by entering at 20 and exiting at 50. Would be great to have such recommendations from your side also and help us all like our friend Be and Make always does.
Hi,
Market is due for correction.With this assumption I have sold out many stocks,but after selling it is going to new high. I can`t understand what strategy I should follow? As a result of which I have reduced my profit. Can you kindly give me a guide line?
Thanks
Hi
Somebody said in one of the messages that when samll investors exist the market ,big investor enter.I am also in the same boat as you r infact all my previous holding have given more than 200% returns, any way there is no sense in crying on that but I strongly believe in laerning from what has happenned therefore if you want good return try the folloing
Invest in stocks with Gud fundas like PE ratios,price/book,div record,mutual fund holdings,price history over 5 years,review of govt policies etc.
have patience and don`t get carried away from messages.
Invest with a time say 1 year.
Never invest funds with a shortterm view which are under withdrawl complusion as you may end up selling gud equities but priced low due to market sentiments
Happy investing
well, you are still making profits I guess, so you should not worry about it. You need to understand that it is not the entry but the exit in the market which is far more important. People lost huge amount of money in recent past because of wait-watch-will-rise-more approach rather than booking profit and moving on. so wait for a correction ( if it happens ) and renter. Enjoy the profits!!!!! FYI I have booked 90% of my profits and on seating 50% cash..patience pays man!!!!
I too think that prospects are good here and one should buy/add on declines.Also on 19 June is the board meeting and hopefully dividend will be mantained which would give a dividend yield of almost 6%.One could enter the stock.
Dear Be and Make - Your words of prophecy have again come true. Considering your warning about market correction, I have been remaining over the sidelines. Thank You for your valuable advice. Well - as regards the call for MAN Industries - I feel the T1 target specified by you looks a little difficult. Would you still advice to buy on dips and aim T1 i.e. 84 or do you suggest some other strategy for MAN Industries?
| NIFTY 
