Happy New Year!!!
Hi Friends,
Yeah, I’m a bit late in conveying my new year wishes as last few days have been highly hectic.
Markets have been roaring and stocks are flying. I think we should be careful going ahead and should start building cash levels. Q3 nos will be very important to judge the price vs value for many stocks.
Among the stocks we have discussed at our blog earlier, almost all have done extremely well. Few updates:
Manjushree: After very good returns in short term, I think we should do partial profit booking here.
Fresenius Kabi: Stock has done quite well and looks a bit expensive now. One may book profits on rise here.
Suprajit Eng: One can continue to hold.
Jaihind Projects: I feel the best is yet to come. One may look to add more on declines.
Siemens Healthcare: One should exit due to the merger announcement.
Asian Hotels: Stock has moved up smartly as expected but more room is left.
Few new stock ideas which can be considered at current levels and declines: Vipul Ltd, Himatsingka Seide & Tata Sponge. (I’ll post detailed logic later)
Similar Posts:
- Update on Q3 nos
- Few Updates
- Excellent Q2 nos from Shilpa Medicare
- Siemens Healthcare
- Jaihind Projects
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dear sir
i have listen about your blog for help new investors
pls tell me some thing about sicagen india bse code 533014 .cmp 20 book value 90 . what is future prospects
with thanks
rafeeq khan
lucknow
Dear Rafeeq,
I had shares of Sicagen earlier (post demerger) but i sold out sometimeback. This co does has a tempting BV but the same is locked in terms of loans and advances.
The negative is that the company is not making much of profits and hence on the PE basis etc it doesn’t offers value as such. More digging is needed.
I’ll try to read more about it and revert if needed.
As we both are from the same city, plz email over your details etc…will like to get in touch.
Regards,
Ayush
Hi Ayush,
Thanks for the wonderful analysis of Manushree. It was outstanding.
Could you please post your views (logic details) on Vipul Ltd.
Regards,
Manmohan
Dear Manmohan,
Thanks for your appreciation.
Actually I have been following Vipul Ltd for a long time and when I was in gurgaon, I had seen their projects…they are big, beautiful and of high profile. Vipul is a very well known and reputed player of Gurgaon and if one considers their projects and land bank there, the stock is highly undervalued.
I’m unable to post a detailed report on it as valuation of real estate companies is not easy without more than public domain information.
Regards,
Hi Ayush,
Any updates on Vipul?
Have fallen from 70 to 45 with huge volumes (couple of bulk deals).
Results were quite decent. Also in a recent Analyst meet they said that they expects Rs 1200 crore of receivable from its various ongoing projects.
How do you read these developments? Can this stock be accumulated at these levels?
Dear Investor,
Its nice to see you taking interest in Vipul.
I think this fall is a good opportunity to accumulate this stock. I have been trying to do some indepth work on this company and come out with the workings, if any.
Yes, their projects are of big size and high quality and land bank quality is also good.
Thanks & Regards,