Cybertech: Enough has been said that giving a buy call before the results g ave an impression that the results are going to be great and with that “anticipation” people bought shares. I hope I have made it clear enough, that people should not anticipate and for me 1-2 quarter results does not mean much, so moving forward please do not anticipate anything. People should also remember i recommended V2 just a few hours before results were declared and noone complained then :) . As for cybertech, people who are convinced about the story, may find the present level “technically” a good support zone and if they want to average this is not a bad level, but averaging is not always advisable and would suggest investors to take a call after next quarter’s results.
Wanbury: We all know why its in loss this quarter, again “technically” this is a good level to average. Also fundamentally, one could say at present levels its at bargain prices as it has two FDA approved plants plus a lot of strong brands which alone could be worth a lot. Anyways, people should consider averaging only and only if they can take another 50% hit (this mentality is required right now)
Cupid: Book profits here. Lot of red flags here. I might be wrong with my assessment of the situation, but I believe we are sitting on huge profits and also, a good night’s sleep is more important than money in life. Company is paying taxes so earnings “so far” looks real. But I am not comfortable with management not announcing the orders though it was doing it in the past and I have time and again requested management to do so (which they agreed in principle) and also from the comments posted it seems that a lot of investors did so. But still nothing. Yes, they may announce good results, yes they may announce dividends yes it may go up 1000% but the key word here is “may”. Also, last to last time around when I had interacted with the management the stock was in LC with around 2lacs shares and suddenly just before my comments everything was scoped up, though technically that was not an important support at that time. This bothered me as it made me wonder if someone had an inclination of my meeting and outcome of my meeting with the management, although I gave the benefit of doubt to my wonderful meeting with him. Last week when the stock was trading around 36, again I had a word with the management, and complained that he should be more transparent about orders as the stock price was 40% down because of this and out of the blue stock started hitting UC, with tons of pending orders. If there had been some announcement, I would have been very comfortable with the price rise, but this un-explained phenomenon has left me bedazzled. Also I am not entirely convinced about future, when I came to know all his kids are “settled in their jobs” and the management has no plans as of now for succession (though given his age, there should be a strong plan already). I might be wrong with my assessment of the situation, therefore, individual investors should use their own discretion.