Wanbury, has today, closed a few percent above its recommended price and looking all set to challenge its 52 week high despite a hugely negative market. The Wanbury story has been a remarkable test of our conviction and people who had strong conviction to take up the averaging call are actually sitting at around 20% profits. Let’s continue to monitor our business to withstand the stock price volatility and reap significant profits coming out way.
God Bless !!!
aceinvestortrader 
very true
well yes..it tested us like anything..
It ‘s a true come back story:)
Sir can we purchase wanbury and aimco pesticides at current price levels?
wanbury let it consolidate first. aimco pesticides could be bought at present valuations and any further decline.
Sir your view on makers lab , basant agro, jubikiant life, meghamani organics and morepen lab please
Thank you
no change from previous views on all the names that you have mentioned..
Ace sir,
I also have strong conviction on wanbury..plz ur view on logix micro…
logix mico is interesting….technically and fundamentally if the valuation gap with other auto portals is to pan out, there are tremendous gains to be made. its a good “punt” at any declines now
what is your view on sahyadri, pressman, cybertech, rajoo engg?
hmm.. these are all my recommendations so my views should be clear right?
ACE,
Also Freshtrop Fruit And Cupid is up in this negative market.
ACE,
Please give your view on Indosolar which is in Solar Energy.
not too keen on it
Ace , Whether one can make fresh investments in cybertech as it has fallen much.. Also do you expect this quarter results to be super duper or it may take few more quarter.. Please advice…
as mentioned earlier cybertech is at strong support levels at the moment…
Sir can u pls share ur view On katakiya cement, pnb gilts n titan biotech. Thnks
katakiya dont like it at the moment..pnb gilts i do not track and titan bio not confident as of now….
Hi Ace,
Any change in your views on Emmessar Biotech.
Thanks
its interesting but the story needs to be investigated a lot for various reasons.
Dear Sir
I want to know your view on aksh optifiber and shilpi cabel.
Regards
Shobhit
not interested in these two names
what is the support level range for rajoo?
do not get too focused on technicals.
Hi ACE,
Is it worthwhile to take a buy call on Fortune Financial Services purely on Sudhir Valia’s execution capability? Please share your views.
Regards.
its a good company but at these valuations of around 650cr market cap, well, you should be prepared for some patience but yes, its a good company as mentioned earlier too in this blog.
Sir i want to enter in Ambika Cotton Mills and SKS Microfinance. Is it advisable to enter at current levels or wait for some consolidation since both have run up a lot in recent times. Sir Thanks in advance.
see, this is the thing right…. when the stocks are available at attractive valuations everyone discards them but when they start running up everyone’s after it…anyways, sks can be bought, ambika after some consolidation but make no mistake that ambika is very good even at these valuations for people with enough patience but for playing it safe i would suggest a bit of consolidation.. God bless
thanks sir. its not that i have ignored it. Actually my focus is always more on prima, freshtrops and vidhi. thats why i have not considered the above companies. now when i have some cash so i thought to enter into it. But thank for for guidance i will buy some pieces of sks. thanks
ok…
Hi Ace,
ICICI has come up with the research report on Prima. Its good to see institution interest in Prima. As you don’t appreciate posting links I am not doing so but Google to get the report.
Heres the extract I found particularly interesting.
“In the domestic market, the company plans to enter Andhra Pradesh
by establishing a manufacturing plant near Vishakhapatnam. This
will help the company to increase its market share in the eastern
region. After a successful venture in South Africa, PPL is exploring
opportunities to start a new venture in Latin American countries to
set up a plastic furniture plant. The management has guided that the
aforesaid expansion would be though internal accruals.
On a standalone basis, PPL plans to maintain its historical growth
rate of five years (i.e. ~12%) while focusing on improving EBITDA
margin by hiving off its loss making division from FY16 onwards.
Since the company has no plan to raise further debt, we believe the
interest cost would be to the extent of working capital requirement.
The management is also confident of maintaining its current payout
ratio of ~15%”
Regards,
Niranjan
Thanks Niranjan for the update.
I think Prima is a very “Rare Valuable Brand” available at extremely attractive valuation.
Have added very small quantity yesterday .
thats true..technically also its looking very interesting now… a month long consolidation could be breaking out on the upside…lets see now
Wow niranjan really nice of you to post such abt prima which is now darling of many investors including me. Thanks ace sir for such gem. Truly you.
Thanks guys.. Happy to share info with fellow investors …
Cheers
Niranjan
Wow!!!!!! Prima rocking…..
sir your views about fortis malar ?
decent but not very enthusing..
As expected by you prima broke out the range and now flying
well, it was to breakout, its just grace of god and plain luck that it happened today itself.
Three cheers to all investors who stood the test of time. Finally Ace, it moved, God bless u Ace.
yes three cheers to investors’ patience… if we research our businesses well, we get conviction to stand the test of price-volatility
True Ace. Is there a way to determine if a stock is set to have speedy movement on the upperside, other than technicals ? 🙂 its behavioral aspect playing out.
not sure what you mean by behavioral aspect but its technicals for sure… you can “predict” a future course that as with every prediction its just an educated guess
by Behavioral aspect meant ‘Greed’. Thanks Ace for clarifying n Prima.
Dear Ace
Can we book partial profits on Wanbury now or should we wait for some more time.
Thanks in advance
Naresh
see, that’s up to you. this kind of portfolio management i cannot do for people for various reasons… God Bless
Somebody “Overheard” our conversation regarding Prima yesterday!! Stock is zooming!!!
technicals were suggesting something like this could happen in near future…
Sir how we can know any stock is expected to broke out of long consolidation. Whats is the trigger point. Just for my knowledge and information i am asking this query. Hope others would also like to know the answer.
well, its technicals right.. also as i said sometime earlier in one of the comments, it was to breakout, its just grace of god and plain luck that it happened today itself.
Sir please give the technical reading for Freshtrop Fruit. It is consolidating in the range 150 to 180.
this blog is not focussed on technicals.
Hello Sir.. Though I know your focus is on discovering small cap which are capable of becoming multibaggers… I still would like to know ur opinion on tata steel… don’t you think it is available at very attractive valuations…
i would not like to invest in tata steel..why do you like it…any particular reason brother ?
No sir.. no reason as such… I thought just to make my portfolio, a little balanced.. I should invest in a few blue chip companies as well.. No reason as such… Too amateur to judge companies.. 😛
thats a very good thought… i would strongly suggest you to look at a bharat forge on declines if you want to buy blue chip rather than a steel company.. God Bless
Aceji
What about Aimco.
sorry didnt understand the context of your question
Aceji
What is your current view on Aimco. Add on decline or wait further.
aimco is good fundamentally… short term little dicey need some price confirmation… but aimco is solid company … its already been a doubler so we have quite a bit of cushion..but personally i would be too happy to add on any decent decline…
dear sir,
your view on AIA engineering for a long term
good for long term
ambika cotton blasted. …….
it had to but i guess, its been doing it for last few days, if i remember correctly.. above 580 it had to fly hard and fast…
Congrats Ace on Ambika. Prof Sanjay Bakshis Fund has picked up stakes in Ambika hence the roaring upmove. It will just blast away now .. I fore see it crossing 1000 easily in a few weeks.
Disc: Had invested but booked out early as I was concentrating my portfolio.
oh ok, this is news to me…this is one gentleman i really respect
what is your view on hmt ltd after the govt announced closure of 3 units
no view as of now
is mtnl a buy at current levels after the govt announced to close the company , the book value is Rs 80/- so what next for the stock
not interested in it
Any technical views on vidhi. I know you don’t like to follow technicals always. But its been consolidating for past 2 months. Any breakout points or any fundamental trigger either than capex.
Sir,
Wt about cyber now,any support level to fresh investment.Plz guide.
can you please try to look at the comments on this and previous post…
All your stocks on fire today! 🙂
not my stocks buddy 🙂 but yes, some that i find really interesting
Hi ACE,
There is s company named Odyssey Technologies . It claims to be a leader in E-security solutions. Do you think it could be a good bet. Please advise.
Regards.
no change from my previous views on this
Good Evening Ace sir, Prima and ambika really made my day today. Thanks. What are your Eps projection for Prima consolidated results? And how much does impact does low crude price make on the margin. Sorry if causing you inconvenience.
for crude impact please see the discussions on prima, we have been discussing prima a lot on this blog.
Happy to say Aceji ! I bought Ambika Cotton @ 600 [5% of my capital on 4th march 15, after breakout above 580] Today came to know about SanjayBakshis stake news ! Thanks Aceji for a wonderful pick !
I am happy for you. Good to know that you are happy with the business that you own. God Bless
When I was learning from Mr. Sanjay Bakshi for 2 years at MDI, I admired him a lot but never realized the influence he had on other investors. Great to know I learned from someone who’s considered to be great even by the market.
yes, he’s a very good investor
Dear Ace Sir, Could you please provide your views on Jain Irrigation.
Thank you
Mahendra
as mentioned in the past, i am not too enthused by jain irrigation at the moment
Hello Sir.. Thank u for being so patient with all my queries…
Sir… I somehow feel that penny stocks are more lucrative because the probability of them being multibaggers are higher… Probably that is why I do not have ambika, garware and DHP in my portfolio… I know this notion is wrong… Can you please help me break this wrong notion of mine… It might appear a stupid question… But please bear as I am relatively new in this area…
here’s my take… multibaggers would be those stocks who create great shareholder value irrespective of their cap. rather than penny stocks, you should look for small caps with good ratios and since you are new in the markets, dont try to “discover” turnaround small caps because chances are you will burn yourself. just stick to companies who are doing good and whose business you understand because only then you can research the business and find out its future prospects. And after all this once, you start making money in the markets, you’ll get confidence and remember, its a great irony of markets that in order to get confidence you need to make money in the stock and in order to make money you need to have confidence in the stock .. just stick to quality for the time being and do not expect stocks to go up only and chances are you’ll end up making tons of money in a few years….
very very good reply sir
Dear Ace sir
Kei industries shows good results from last to quarters, seems like turning things for it
If you are tracking it then please let me know your thoughts on it
Regards
Tikam
not too keen on it.
Hello Ace sir……………..for Pioneer Embroideries
1. 11% of the pledged shares has been released to Promoters.
2. Issuing of shares (~35 Rs) to non-promoters . Clear signs of revival is upfront. Grab it before it flies to 35/40 levels.
Still having same view as before or we can assume it as turnaround stories.
Ace sir i am really sorry for Grab statement……just want to know your view about “Pioneer Embroideries”
no change from my previous views
Ace sir….what you thinking your detailed view so that we could also know regarding above one i tried but i found the same statement . thanks in advance.god bless
try google on the blog and you might find a bigger statement of my view on pioneer.. or else, tell me why you like it so much and we can take the discussion forward
Earlier company tried to settle their debt through CDR but few banks not accepted their proposal. Now they are in process of settling it one by one through separate negotiations with each banks. Then
11% of the pledged shares has been released to Promoters.
Issuing of shares (~35 Rs) to non-promoters
but what makes you say that settelling it one by one with the banks would make the banks agree?
Even their Hakoba brand is very popular now a days. 🙂 god bless
Hey hi, that was my comment from MMB. However np, the great VP is positive about PEB (you might be interested to see his opinion. See my MMB for pointers). Moreover i understand that PEB has opened 3 more showrooms recently to boost their top line. Then it’s your call.
I have invested heavily around 23 levels.
lets not discuss other blogs please
no new idea……….very long time any specific reason
🙂 just a little tied up with lots of stuff at my plate….
doesn’t matter ..take ur time …..plz share ur view on jagsonpal pharma at 29..stock has corrected recently due disappointing results.ur take for long term
not too keen on this company
hiiiii sir, Please share your views in detail about ” MAN INFRACONSTRUCTIONS”, What are the growth prospects of this company and its significance in Infrastructure development in INDIA. Rakesh Jhunjhunwala also bought stake recently. Is it worth in investing in this company at CMP. pl share your views, thanks in advance.
its a decent company in my opinion…
Sir please suggest some good large cap stocks. Which should be part of core portfolio and can be bought in this correction. I am a bit convinced with godrej properties and mangalam cement. But need your final touches and suggest some more beside this two stocks. Thanx in advance.
bharat forge on declines could be a good bet…
Sir what about godrej properties and mangalam cement?
godrej prop is ok… cannot say the same about mangalam cement
Sir, you were correct in your assessment that prima is set for a technical breakout.. Do you see it scale newer heights from here or do you expect it to again experience a resistance at around 70-72…
markets will tell us this. once it breaks and closes above 75 for two days, the next upward journey would be really fast. let’s wait for that because we know fundamentally, its bound to happen
dear ace, any fundamental problem in DHP? its falling and should i see it as an opportunity to add more!?
fundamentally there’s no problem in DHP.
Sir,
I know our blog is focussed on micro/small/mid caps only but enthused by your response on query on Tata Steel by someone else and also by your mention of Bharat Forge would like to know your views on ITC. Sir, the blue chip has been hammered quite a bit post budget perhaps due to 25% hike in excise on cigarettes (such hikes happen almost every budget but this year it was too steep). Considering almost non-elastic demand of cigarettes and other well-known brands/businesses of ITC can we consider it as a contrarian buy ??(For long term passive investment !!!)
its always on overhang on the stock, but thanks to its pricing power it “mitigates” this risk … but all this comes at the cost of subdued cigarette volume growth. having said this this is a good stock, but see if you get it around 320-330rs…. also if you want to have a buy and forget kind of strategy, try something with good dividend yield also. also consider some housing finanace companies too
Cybertech has gone below its support level of 32. Any view on the stock?
i like the stock…do not see much downside …lets see now… at present i think its giving a div yield of 3% plus.. too
is it the right time to make some fresh buy in cybertech?
fundamentally, i do not see anything wrong
Dear Ace, I have 400 CyberTec @ 42/- Rs. Good time to average at current price of 30-32?
no. its too early to average for you…
sir can ibuy suven life sciences at this level
try to buy at some declines
Sir,
Your views please on 2 infra/Engg stocks….. 1) Technocraft Ind. 2) Artson Engg
1. ok kind of stock. 2. no change from my previous views
what is your view of tanla solutions
not too keen on it,
Ace , Is vidhi good for buying at current price.. It has been consolidating for nearly 2 months.. Whether we can see any breakout technically.. Any positive news coming ?? Please advise.. Thanks..
no doubt, vidhi is very good.
what is the best price range to enter neuland labs for long term
its a decent stock
Hi ACE,
Sometimes I feel that markets are completely irrational . Look at Garware Wall Ropes which the market doesnt seem to take cognizance of its most promosing vertical i.e Defence. But Market keeps on valuing companies like Astra, Dynamatic Technologies, Zen Tech at obscene valuations. These are highly levaraged companies with negative cash flows.
I can only say grave injustice.
Regards,
garware wall ropes is a very good company and one should not feel too worried about it. if at all one should add at these juicy levels
Absolutely ACE! Bought a small quantity today.
Ace sir,
Regret for posting query on Artson…. Found your view on scrip.
But still wait for your views on “Technocraft Industries” the co. with unique product (drum closures) and world no. 2 ranking for that….
Thanks & Regards,
appreciate you taking the efforts to realize that its already discussed.
Sir sorry to trouble you, i just found some interesting companies namely Emmessar Biotech, Kriti Nutrients, Titan Biotech & Petron Engineering Construction. Sir i just want to know whats your view on aforesaid companies. Thanks in advance.
i just replied to emmessar yesterday. for others no change from my previous views.
Hey Ace, your honest views on United Spirits for very long term perspective?
its good…
sir,i m have asked it before but i didnt get a reply so i m trying again!
Sir i would be glad to know from you how to identify the management potential,intentions and effectiveness so that we can predict good prosperity and progress in business.. i am able to identify other criteria for a fundamentally sound company but i think i m missing something bi.. that is about management and seeing your ability to identify one i would be pleased to know and learn from you …
Thanking you in anticipation,
Aashav
there is no full proof way for this, though one can understand about it from the way they treat minority interests, pay taxes/dividends, have improving roce, roe etc for their businesses etc.
sir,your view about KSE? i think it is very good company and is available at great bet!
decent…
I would like to make one thing noticed about warnbury… if we see on monthly charts it has formed a beautiful cup and handle .. and now started upmove. very positive indicator for the long term players ( i talked about monthly chart hence for long term is the view)
P.S : not invested here.
Hi Ace,
Your inputs on Indian Infotech. Pls guide.
Regards.
not interested in it.
Sir,
What about Indosolar.
Thanks.
not confident about it.
Hi Ace,
Just wanted to know which one would be the best one to opt for (based on the cmp technically) out of Prima and Vidhi.
Thanks.
as mentioned earlier this is not a technicals focused blog and therefore, would not to keen to invest based on that.
Hi Ace
Whats your opinion on RPG life science? Thanks
Hi Ace
My comment is not published?
which comment, pls re-submit your comment
interesting but not sure as of now
Hi Ace
Congratulations, Wanbury is now at 52 week high.
Regards
Naresh
yes , this is truly inspiring performance
Hi Ace
Please share views on Good Luck Steel Tubes.
Low PE, High RoE, Very sable earnings profile even in bad years. IITans as promoters. Market cap of 200cr against sales of 1200 cr. Decent promoter holding.
Has good client list and caters to a lot of industries.
Keen to have your opinion.
Regards,
Vivek Gupta
yes, its decent
Hi ACE,
I made the mistake of not averaging Wanbury at 26-28 levels since I had the share from 48-49 levels as I was afraid of loosing money.
I do not want to repeat the same mistake wrt Cybertech. Only difference is I don’t have Cybertech in my portfolio unlike Wanbury which I had when it crashed.
Would u advise that I buy Cybertech at these levels ?
Regards.
just answered to this kind of query yesterday, kindly search through the comments
I had seen that query but it was for averaging and not for fresh entry.
Anyways thanks . I would wait for it to hit sub 10 levels and then buy.
wow, sub 10 levels on cybertech? why would that happen? anyways, there were two questions, look for my answer to prabhu…but if you have decided to wait till it comes to your desired level, then its your wish…
Please share your view on RASOYA PROTEIN.
not interested in it
What about Prima plastics? Is it a good buy at 60? I want fresh entry at 45-50 level.
when it was at 50 noone bothered….i would suggest buying at CMP as it has given some retracement after going up…its very attractive levels..
For long term is it a good buy?
which one ?
Rajoo engineering and pressman advertising.
what about it?
Ace, can v say the worst is over for orient beverages? Looks like it is rising after reaching two digit price. Worth small accumulations?
as mentioned earlier at 18-20cr market cap its a decent buy …
what are your views on Goldcrest Corporation Ltd.
dont track it closely
Ace what is your view on Inox leisure at cmp? Thanks
would probably prefer a pvr at some declines
Hi ACE,
Which stock or stocks among all the recommended ones has the best chance to take the leap from small cap to mid cap/large cap?
Regards.
try to select according to the businesses you feel most comfortable with and then we can take the discussion forward..
Liberty, Wanbury, Prima, Vidhi, Garware. Which is best placed to graduate to next level?
all the names that you mentioned are wonderful bets in their own right… all should do very well for themselves for next couple of yrs atleast
Hi Ace,
Are you tracking Tera software? They are mainly into e-governance. What’s your view? Thanks
i like cybertech more than it
All your Recommended Stocks are extremely Good ! But if i have to select only 5 stocks to maintain core & Concentrated portifolio:
I preferred Prima, Vidhi, Pressman, Aimco, and Simmonds. Plz suggest ! Thanks
if you are comfortable and understand these businesses these are very good names indeed.
Hi Ace,
Are you tracking Tera Software? They are mainly into e-governance. What’s your view? Thanks
Reposting with another name as it says duplicate comments.
just replied
Ace y do u think v2 is not going up?do u think it will blast like prima pretty soon?
lets see… i just hope the management is more responsive to its investors.
Hi Ace
Where this correction will end in Nifty but many of small and midcap stocks are performing very well? Is the strong dollar killing our market?
its difficult to see the end but if does not end near 8600 levels then we might see 8450 kind of levels and then we should take it from there..
Ace , Please advice whether SKM egg products can be bought at these levels.. Thanks…
Ace , Please advice whether SKM egg products can be bought at these levels.. Thanks… Prabu
probably….
Ace sir,
Pl. don’t get bored of one more query on Cybertech but it’s a genuine concern for me…..
Though I think our investment rationale for the stock is quite good but one factors that bothers me is less promotor holding in company (around 38% only). I think while analysing investment potential of any co. we give considerable weightage to this factor. However, this is missing in Cybertech…
Should not we be cautious for such low promoter’s holding sir ?
please go through the valuation section of the stock story on cybertech where this point is discussed in detail.
Got it sir ! With ESRI holding they have got more than 50% !
Regret I should have referred your reco post first !! Sorry for troubling you !! God bless !
Ace ji. What about one of your all time favourite pick “CYBERTECH SYSTEMS”. Bought at 50s. Currently trading at 28…Already I am sitting on double the loss. And because of your exit call for CUPID I lost opportunity of making huge profit. When I will be able to book profit from CYBERTECH? Or shall I book loss and invest in PRIMA Plastics, Vidhi or Freshtrop? I think PRIMA is your potential EICHER motors. What is your view?
what do you mean by my exit call on cupid? the call was to book profits and at those prices people were sitting at nearly 150% profits. also, were you comfortable with the points that i raised for cupid? if not then obviously we did the right thing. secondly, what is double the loss for cybertech that you are talking. dont think i understood that. booking loss is your wish but i would not be interested in getting out of cybertech. eevery decline in cybertech makes it better opportunity for me but that is my take. your take could be something else. also, prima and vidhi both are very strong companies and a fresh entry could always be thought in this. but then again, please do your own diligence and not invest just because i feel bullish about the company
Sir, with due respect, I am not investing in these gems for profit of 150%. All the shares I have invested in with my research and with your tremendous support, all are already giving me roughly 300% return and I am still holding it. But, yes…On every decline I have accumulated cybertech. Just wanted to know isnt it better to invest in prima, pressman or freshtrop? According to my research PRESSMAN ADVERTISING is the best you have recommended so far along with PRIMA PLASTICS. But the same is not reflecting in its CMP. I am no one to judge to you. But still. You did not mention about freshtrop in your reply.
see, selling cybertech at these valuations does not look a good decision to me. on a separate note if you want a fresh entry then yes, prima is good, freshtrop for fresh entry at these point is not very comforting as it the margin of safety is lot less than in a prima but if you already hold it then no question of selling freshtrop. stock prices will sooner or later follow fundamentals, so dont get perturbed by stock prices alone. a lot of readers were perturbed by stock price decline of cupid and see what happened when it came out of T2T? now that they have addressed lot of original concerns retrospectively speaking, i believe stock prices if ignored would have given a lot of us a much better good-night-sleep. so i would only say that if there’s nothing wrong fundamentally in a company then no point worrying about it.
Hello Ace ji…..is Liberty shoes still a buy at CMP for long term or should we be waiting for further correction???????? Thanks in advance!!!!!!!!!!
i am bullish on liberty for long term
Thank you Ace ji for quick answer…….I am also bullish on Liberty for two reasons..1)good brand…2)good future growth plan of the management………..however valuation wise Superhouse looks way cheaper that Liberty……….could u pls tell me any negatives regarding Superhouse so that I can ignore Superhouse and invest in Liberty only???? Thanks in advance!!!!!!!!!!11
i like liberty for more than one reason, but would like to know apart from valuations why you think superhouse is better? also, valuations are high only for this year, but when the merger/amalgation happens for liberty suddenly the bottonline growth would be massive.
Hello Ace ji….regarding future of Prima Plastic…..There is pressure to ban / restrict plastic use ,for controlling global pollution by save planet by some organizations and activists. Can it affect demand for plastic products downwards and in turn make future of Prima plastic in danger??????
Thanks in advance!!!!!!!
plastic ban has nothing to do with prima, as prima is not into plastic packaging. its mainly for packaging kind of companies. plastic furniture cannot be replaced by paper or jute chairs 🙂
As of sudden people are aggressively buying prima plastics. Not because of this group but many friends have purchased prima and also got to know that many HNI investors have kept an eye on prima. Sir why suddenly. Sorry i know its none of your business to reply this query but just as curiosity sir.
Further i heard from one of my close friends uncle working in prima plastics that hiring in marketing is going on aggressively and coming out with many new products range with ZERO (mind it) capital infusion. Good for us.
well, zero capital infusion is not strange, given its cash rich position, prima was always going to expand with internal accruals especially given its decision to stop/close ACP division. Prima is a strong bet for future and could prove to be a very good compounding machine
🙂 yeah agree…….however plastic chair can be replaced with wooden chairs but that is unlikely because wood means more cutting of tree which gives us oxygen….so no issues with the future of Prima and we can just relax as of now……I have another small question though…..sometime before crude oil price was very low of at around 45USD….so if I assume Prima has bought huge(way more than normal) amount of crude oil in this quarter(in the expectation that crude price will go up in future and they can use the loaded crude for next 2-3 quarters) then the cost of r/m will be very high and that can hamper the profit of this Q4 and consolidated profit may be below expectation…….is this likely…..??? however even if it happens then in the coming quarters the r/m cost will be far less than normal and profit will be more than expectation..so it should do well in long run…..but my qs is w.r.t the consolidated results….Thanks in advance!!!!!!!!!!
not sure i understood what you wanted to ask but as we have discussed a number of times, no raw mater prices if at all would have a positive impact only. remember how well they performed when the prices were in triple digit and when the price go up the sale price also go up but lets stop discussing this again and again as its not the productive use of our time. please go through all the comments regarding prima to understand more. also, the consolidated numbers are obviously going to be good or else they would not have declared such a huge dividend and with raw material prices going down next year also would be a bumper year for the consolidated number and do not forget that they hardly have any competition in that part of the world. God Bless
also wooden furniture cannot really replace plastic furniture. plastic furniture came into existence because of the inherent advantages it has over wooden furniture. to know more read the ARs of Prima or any other plastic furniture company
Dear Ace,
Query: Do you think wanbury is still buy at cmp or we should wait for it to consolidate a bit. I remember when freshtrop was going up like anything you suggested to wait as it was a way too heated up but still it kept on its upward journey. I know price is not in your control but wanted to know your view/gut feeling.
Genesis of query: Actually I had wanbury at very attractive levels but booked profit ~40 levels. But after its continuous upward movement feeling opportunity loss. Want to keep wanbury in portfolio.
Regards,
Sameer
see here’s the thing, technically its given a fresh breakout now, so its a buy “technically” but do your own dilligence now and take an entry, or you could wait for some consolidation, the choice is yours.
PRIMA over FRESHTROP for fresh entry? I read somewhere few days back Freshtrop going to zoom to 1000+ in near future. Many other experts (including you) have also recommended Freshtrop in recent times. To be precise,1500 plus also. So, considering long term for 2-3 years, Freshtrop is a much better bet than Prima. Isn’t so? As per my research, I am also pretty convinced regarding Freshtrop. Its surely a high potential stock. Won’t take much time to reach the 1000 mark. 🙂
Sir, why is it not possible to reply on your comment for the second time? Therefore, commenting separately.
NO. I have never ever given any price tragets. Probably you are new reader or else you should know by now, that i do not give any price targets so saying that i have given any price traget for any stock, let alone freshtrop is simply wrong.
NO. Sorry. Not a new reader. In my comment I am not saying you have given any price target. But few other people have. And for long term, freshtrop will give a better return than prima.
freshtrop is good, but prima is also very good because the margin of safety is a lot more in prima as of now. in a dooms day scenario, prima would have limited downside but freshtrop wont…that’s my take at current valuations…but again both are good but for fresh entry given the much better valuations of prima ..also freshtrop is more prone to regulatory and nature onslaught but not prima…anyways not point comparing such different businesses both are good and the reader should use his/her own style to identify his choice
Hello Ace ji…Thanks for the response regarding Prima…..there is no reply button so posting in a new thread…by the way my qs was…for example for this Q4, Prima needs r/m(crude) of 1cr….but they bought it crude of 5cr as the crude price is low now…so in Q4 r/m price of 5cr. will be deducted from sales to calculate profit right….? if yes then profit might be less in this Q4 as only 1cr crude used and remaining crude of 4cr. still exists which will be used in later but whole 5cr. will be deducted as r/m cost in Q4 to calculate profit…
no no no…they do not buy “crude”. would suggest you to go through AR of prima to understand what is their raw material.
Hello Ace ji….yeah they will not buy crude directly but the r/m they need polymer which is by product of crude…so if crude price is lowering then polymer price should also be lowering…….so my question is in general if company buys more r/m than needed for future use which they get it at lower price then current quarter’s profit will be less right…..? the same can happen for Prima as well as polymer price is lower in this quarter……ur view on the same please thanks!!!!!!!!!!!!!
if the raw material price is low then why would there be profits be less??
Hello Ace ji…Thanks for response to the qs on Liberty……as there is no reply button posting it in a new thread……I am not saying Superhouse is better…….rather its other way around…..Liberty has way better good management than Superhouse…….so I will invest in Liberty only…..but wanted some reason to reject Superhouse as its PE is less than Liberty……by the way from all ur recent(from last 12-18 months) recommendation I like Prima Plastic and Liberty the MOST…and I am sure both are going to do very well business wise and so as the stock price wise……….no more qs as of now….Thanks and God Bless U!!!!!!!!!!!
Copper prices have tumbled the most in almost six years.The lower copper prices will benefit the OEM maker lloyd electric , which uses copper as main raw material.
Copper prices are at the lowest point since 2009. this will lead to lower expenses and higher net profit. A save of 10 to 15% saving on raw material price will benefit to the air conditioner manufacturer. if this trend continues for year or two. the air conditioning manufacturing companies like lloyd electric and sharp inida (since i think these are are the tow companies trading at lower valuations compared to others in the industry and i feel they are decent buy at these levels)
Would like to know your view in general on the air conitioner industry?
Do u still see lthese companies moving to higher leves as a consumer product manufacturer and this industry will grow at a higher CAGR.
kindly provide your comment
yes, sharp has good scope for future appreciation for more than one reason not just raw material price decrease
Dear Ace,
I have one query regarding aimco pesticide. Aimco debt of around 30 crore in 2011. How did it clear all these debt?? I searched in the AR’s. Not able to get it. Please leave your reply.
Thanks in advance.
chetan Biluve
they had a OTS (one time settlement) with banks
If you do not mind , can you pls explain what is OTS? Searched in the google, did not get convincing answers..:)
OTS=one time settlement…
🙂 🙂
What exactly the meaning of one time settlement? Giving money in one shot or the debt will be converted into equity or somethihg else?? If they have given money means from where??
one time settlements are of various forms, some sell land, some sell machinery, some get principal deduction, interest waiver etc etc … please google it to know in depth about OTS, this is fundamental for any debt re-structuring exercise and especially in BIFR cases.
Hello Ace ,
What are your views on Tyroon Tea co. ??
personally would be not be very keen in a tea company but if you do want to invest, its a decent one
Sir,
Wanted to take some position in Aimco. Do you think its a good time or would you rather suggest to wait for more consolidation. Also do you think it is still a value stock ?
wait for some consolidation….but make no mistake its a very good stock
sir your view on rolta pls.
would prefer cybertech over rolta any day
Hello Ace ji…as there is no reply button to ur reply…posting in a new thread……regarding ur qs
“if the raw material price is low then why would there be profits be less?? ”
Raw material price is low , so company can buy more r/m at low price right..? which they will use in future quarters….they can buy more with the expectation that its price may go high in future so they buy it at lower price now…….but when calculating profit for current Q, the price for additional r/m will be deducted from sales to calculate profit right…?
Giving one simple example: For my business I need r/m of 1cr. in current Q4, but as the r/m price is very low , I bought r/m of 5cr…..so this additional 4 cr. will also be deducted from Q4 sales as r/m cost right…? hopefully qs is clear now………
Thanks in advance!!!!!!!!!
no its not clear to me, why would the cost of raw material be deducted from sales?? also why would you buy raw material for 5 quarters..what makes you say that the price would not go down further ??
Okay…..I bought the r/m for future 4 quarters to take advantage of the lower price currently……regarding deduction of r/m price……all I want to know how the calculation happens when some additional r/m remains in my inventory but current quarter ends…..example: I bought r/m of 1cr. in this Q4 but all are not used….75lakhs used and remaining 25lakhs carry forwarded to next Q1……so when calculating profit of Q4, what will be deducted as r/m price….is it 75lakhs(which I actually used in Q4) or 1cr.(which I bought in Q4)?…if I get ans. to this qs then it will be clear to me….Thx!!!!!!!!!!
see, the raw material is converted to inventory and that’s what is used while calcuating P&L and that’s why we got less profits this quarter because of high cost of inventory. now the inventory is low cost starting this quarter and almost everything for next quarter so bottonline would be very good, but overall this minor adjustments keep on going not just in the case of prima but in every company. I would suggest you to search for a course that i had suggest as a blog post and take it…its good for accounting basics
Need some updates from you about my portfolio.
12,500 shares of Sahyadri bought after your call at 90 now down almost 20%
24,000 shares of Pressman Advertising bought at 35.20 after your call now almost 15% down.
22,000 shares of Garwale-Wall Ropes Ltd bought at 232 after your call now 16% down.
I am losing almost 11.60 Lacs on investment of 70 Lacs, Thats like a 17% in just 4 months.
I will be getting 40 Lacs from a sale of property next week, Should i add them among these stocks to average?
well, i give ideas and expect people to buy after their research. when you say that you bought after my call, were you convinced about it or not? also, sahyadri was given at around 88 went down to 66 had also suggested in my comment to average if one was interested, but probably you decided against it. at this point when its hardly 20% down averaging does not make sense. pressman was advised at 29.7rs but you bought it at 35rs again no point in averaging for just 15% down from your purchase price. yes garware wall ropes is down but at these prices its even more attractive. Also, if you cannot take a volatility of 20-30% then you should not invest in small caps ..even large caps can give 30-40% decline in matter of days …volatility is part of stock markets and one should have courage and conviction to take that in their stride. also, i do not see vidhi/prima in your portfolio. one should have a very strong reason to not be invested in these two names. furthermore, its important to understand amount received from sale of property either has to be re-invested in property or in govt-bonds to avoid capital gains tax .. ofcourse there are escape routes but a CA would be more helpful 🙂
Awaiting a new recommendation aceji
Hello Ace ji….Thanks for all ur patience and detailed reply….I got it and yes I need some accounting course to take as I am from IT background(did Comp. Sc. in University) and knowledge in this area is not complete………read some basics though from Internet which are very much required like understanding P&L account and other basic thing….anyway Thanks a lot and God Bless U!!!!!!!!!!!
Sir,
Your Views on ‘Samkrg Pistons & Rings Ltd’ for long term(3-5 yrs)
its an ok kind of stock but not something i would find too compelling.
sir i have been holding spice jet for a long time . should i sell it to buy aimco . waiting for your kind reply chinmoy
i do not give sell calls here, but making consistent money in aviation is difficult. but yes, aimco is good, after a bit of consolidation one can buy into aimco
Hi Ace, I have a capital of 20 k.. I am planning to buy either one among prima or vidhi.. I am convinced about their business.. But not sure which one should I buy now… I am a small investor and planning to invest in any one among these 2..Please help me in taking call on which one to invest now.. Thanks..
think about splitting the amount between the two. also would suggest readers to not write the absolute amount or no. of shares in the queries,
OK Ace.. Are you saying exact 50-50 split or any one among them can be given little preference at this point of time based on current valuation..
giving any preference between the two should be based on your own personal choice.
also readers should not think of themselves as small/big investors just because someone writes on this blog that they have thousands of shares because as with most online media most of people may just be exaggerating the facts and we have no way of knowing the sanity of their comments. Just be true to your own portfolio and refrain from commenting on absolute number of amount/shares in the portfolio.
Ace , I am not able to decide between any one among them.. Hence asked u… I am in a learning process and not a person who knows many things in market and should not regret later … I am a budding investor to be honest. Anyway its your wish to answer… However you are my guru for sometime now.. Thanks..
if i give a certain preference then people might take it otherwise and start pouncing on me with questions as why i am preferring one over other and then the debate would go to that stock vs other stocks that i have recommended and this takes the debate to unintended places. so pls take your own decision or else make it 50:50 split
Ace,, Got it.. Thank you..
Ace i wanted your views on prima…. what do u think the market value of prima should be at this point in time
unfortunately, there’s no scientific way to measure a true value of a stock and that’s why the stocks are always either under priced or over priced. let me ask you this, what do you think should be the market value of prima and why ?
i got no answer to that ace…what i wanted to understand is how do u determine if its undervalued or not and since u keep saying its at attractive valuations then at what price do u think it will not be at attractive valuations?
at 50 PE i would start getting jitters if the stock is not growing fast enough to justify it..now someone optimistic might ask why 50 PE why why not 100 PE and an pessimistic would ask why 50 PE why not 25 PE… well, that’s where markets come into picture where they tell us the true value of stock or atleast gives us a perception…
yes i know that market sentiments play a role too..but i needed ur opinion on it..and thanks for it 🙂
I am accumulating Orient Green Power and want it to be a big portion of my portfolio. I am convinced about the long term story of the stock. Need your guidance please or u can call it little assurance.
not interested in orient green
Ace ,
Please let me know your views on Premier Polyfilms and swadeshi ind.
premier is decent…swadeshi i am not interested at the moment
Greetings Sir!
Just for the purpose of diversification of portfolio, I am planning to invest in pharma sector… Could you please suggest a few pharma stocks that can be invested at current prices…
wanbury is good
Dear Sir
I Want ur views on RCF, Logix MIcro, Kesoram industries.
not interested in RCF and kesoram…for logix….if its auto portal valuation game has to pick up it has to start now at these prices.. or else there’s not much to it…its more a play on technicals and valuation gap of its auto portal than anything else
Sir, What do you think Dr. Agarwal eye hospital ?
decent
Ace ji , what is your opinion on BSL LIMITED and MIC.I have invested a lot on these shares and Q3 results were also very good but it is still on negative market.
not interested in bsl… for mic, no change from my previous views
Dear Ace ji, i once recieved a message on Aurum soft.have accunulated 10000 shares @6. and since then it is still on Negative market.Fundamentally it is a very good company.Please suggest as your opinion matters a lot.
sorry not interested in this company
babubhai ji, from where the hell did you find Aurum soft as fundamentally good. I would like to hear from you. I think your definition of ‘fundamentally good’ is quite different from other readers of this blog. What u say aceji ?
its feels bad and sad when investors do not educate themselves on basic things
ACE, any new pick scheduled for this week?
possible…
Sir,
Your views on Sintex and Wonderla at CMP.
Thanks
not too keen on sintex at the moment. wonderla also i am not too keen but if you want to buy maybe around 15-20% decline you can jump in (again if at all)
Hi Ace, do you recommend fresh entry in Vidhi or wait for consolidation?
yes, one can look for fresh entry in vidhi at present prices. it looks close end of consolidation and is giving entry chance at very attractive prices.
Dear Ace,
After hike in FDI cap in Insurance from 26 to 49%, what are your views Reliance Capital (CMP – 476) and Max India (CMP- 467) with a long term horizon.
Thanks and regards,
Pravin Bhai
between the two i rate max as a better “group” and therefore, my vote would be towards max
Dear Sir,
Your views on Dr. Datson Labs (CMP-7.45) ? I purchased last week at 8.60.
Thanks and Regards
Pravin
as mentioned earlier do not like the company
In this correction what is in your buying list bro
whichever company you understand well and are confident about, pls go ahead and buy
can fresh buy be made in cybertech?
ofcourse..
but only if you yourself are also convinced
Ace ji. Few days back your were saying people wont get opportunity to accumulate PRIMA again at 45-50 level in reply to my comment.
“when it was at 50 noone bothered….i would suggest buying at CMP as it has given some retracement after going up…its very attractive levels..”
I bought at CMP that day (62). What is your view now? Shall I accumulate when it touch 45 again by friday?
its good that you quoted me. now “your” message and my “reply” was posted on 13mar at 2:40 pm and at that time the stock was quoting at 57rs and at no point after that did it go beyond 57.85rs, so how did you manage to buy the stock at 62rs then ? Also, just because you or I have invested in the stock does not mean the stock would never go down. Please do not have malafide intentions while posting or do not invest in the stock if you are not comfortable yourself. the stock went up on massive volumes and is coming down on wafer thin volumes… any stock that goes up 30% in a couple of days “can” come down a bit and its normal and its expected that small cap investors are able to take this kind of volatility
Hi ace,
Good point. I have been pondering on that as when a stock moves up on heavy volumes and corrects on lower volume, is that a bullish sign of strong hands holding the stock? Or one shouldn’t read much into it?
Regards
Niranjan
according to technicals, if the stock goes up on heavy volumes and comes down on lower volumes its a bullish sign (also should be looked in conjunction with delivery volumes)… and we also saw that on the circuit day over 80k shares were taken delivery of… again this is not my theory but just plain technicals as any technical guy could confirm this.
Ace sir, please share your view on Tata Teleservice and Tata Communications?
not interested in both these names
Ace,
I am new to your blog. Found some of your recent recommendations at below or near the price you have mentioned. Adding those in an SIP manner. However one small doubt . Since you have never given any exit recommendations from you , how should an investor look for the exit levels of the stocks.
portfolio management cannot be done by me for so many guys and moreover, exit is dependent on numerous variables so one should do its own due diligence to figure out an exit strategy.
Today There was an article TItled “Smart Cities project likely to be rolled out next month”, as per this news, government will Launch Smart Cities Initiatives from next month. This will be beneficial for cybertech??
ideally it should be beneficial to a company like cybertech isnt it?
I think it should. Lets see what market feels about this news
ACE, can MAN Industries be picked as an infrastructure bet? India’s self styled Warren Buffet has also taken a “fat” stake in it.
not confident as of now, maybe at declines we can see
ir is Kilitch Drug a classic case of undervaluation as performancewise its profits and turnover has already doubled compared to LY within 9 months of CY, it has cash bal of Rs30/-share and reserves of more than 100cr. company did well between 2008 to 2011 and then sold its few plants to multinational and paid 300% spl div to shareholders in 2012 now since last few quarters growth is also good also no debt, no pledge, promoter stake 65% with good management credentials so then why stock should be at 35 when markets in bull run? It also owns land and assets worth hundreds of crores, have i missed some aspect pls guide Sir.
No. I would stay away from it. This is the same comment that i replied to some time back.
ACE, purely form a price perspective which is more attractive at CMP – Cybertech or Aimco. Please advise.
take your pick. both are very good stocks
ACE- THE DIPLOMAT!!!!!!!
“A diplomat is a person who can tell you to go to hell in such a way that you actually look forward to the trip”.-Caskie Stinnett.
no man..its a fact..both are very attractively priced. if you feel otherwise tell me, we can discuss 🙂
Sir, what do you think of United Drilling tools. It has brought out good quarterly results. It was on upper circuit for two weeks. Now it is being traded at 105.
let it settle first
Beware its a Z group stock.
🙂
It was put in z group as it did not file quarterly reports for two consecutive quarters this year. Now that it has done so, it is likely to be shifted to T group. Promoters and their affiliates hold around 87 per cent of the stock. It has gone up after very good results although it could be operator play to ramp up the stock.
ACE, the write-up on Prima was titled “Mega Multibagger in the making”. It would mean how many times would it grow?
as mentioned earlier numerous times on this blog, i do not give any targets. if the earnings growth continue like this, there’s no reason that on back of this earnings growth and PE re-rating why the stock would not go up multi-fold.
Hi ace bro how are you today. Please share Your views on Il&fs engineering. After this small price drop can it be bought with long term view
its a good company for very long term and as i had said earlier i am bullish on the company but personally would like to see if i can get it around 20% lower
Aimco Vs Excel Industries . Which one will you prefer for a long term holding ?
there’s no doubt that i prefer aimco
Aceji
What make you feel so. Excel Ind is a diversified company with interest in Pharma, Veterinary medicine, chemicals, Biocides. Any reason for your high conviction on Aimco. Personally I have invested heavily in Aimco.
aimco is more focussed in agrochemicals … and excel “industries” is, as you rightly pointed out more diversified. i am extremely upbeat of future of agrochemicals and would rather focus on a specialist like aimco in that. also aimco is doing very well and is available at good valuations
do you see further consolidation in Rajoo and VIdhi?
why should it matter to a long term investor. Please lets get out of the habit of watching the screen every day. if we are convinced about the prospects we need not worry
I asking as I want to add some more that is why i asked, Also cybertech is correction mode??
cybertech has been in correction mode for a while now isnt it?
ya it has been. Waiting for its correction to reverse.
Do have any update on Vidhi’s Expansion?
ya, i already gave the update right….the expansion will be done by 2-3 weeks, expansion is of 40%.
oh..thats great, Then in Q12015, effects of expansion should start
yes, so we can see another year of 30-35% topline growth and 35-40% bottomline growth next year also and that also means good dividends.
ACE, is the new stock recommendation canceled for this week?
no hopefully it should come this week
Hello Ace ji…I am well aware of the fact that u do not give buy calls here…..but I need one suggestion from u…….at CMP fresh entry will be better in which one……Liberty Shoes or Waterbase?…I am convinced in both the stories but currently want to enter only one for having less fund…will enter other one as and when get fresh fund…Thanks in advance!!!!!!!!
split the funds between the two. you have chosen the right companies.
Thanks Ace ji…i liked both but Liberty a little bit more….because of its brand and excellent growth plan—i have seen you calculations on the same in 2nd blog of Liberty wherein EPS of 29 is expected….even if it becomes 20 then also it will become more than double as TTM EPS is 8.4….but then do not want to miss Waterbase as well as it has corrected a lot and then consolidating for a long time…so break out should be sooner or later….however i am not aware of any growth plan of waterbase and also capacity utilization %…if you have any info. on growth plan of Waterbase then please share the info……Thanks in advance!!!!!!!
try to search the blog on waterbase and you’ll get enough material for you to evvaluate it
prima dude prima
Hello Mallika ji…we were discussing regarding Liberty and Waterbase….however as u mentioned Prima then i disclose that I am already invested in Prima Plastic and Thanks goes to Ace ji for the story on the same!!!!!!! Its one of my best company having in portfolio!!!!!! Cheers!!!!!!!!!
Dear Ace,
What is your view on INOX WIND IPO??
see, as a company its decent… but would i want to invest in it…i dont think so….for more than one reasons
Hi ace
wats ur view on orchid chemicals
Regards
mark
it should be kept on the radar
wow, what a call on logix… straight 10% … as a trader i made huge amount of money without any investment.. this is the second time i followed your call (after simmonds call – missed your last prima call) and wow… thanks man.. i have sent you an email also, please let me know if you provide any paid services. I am really interested .. and this time i did bet big 🙂
please keep the Facebook stuff to FB. Also, as i have said numerous times i do not have any paid services. Stock market is my passion and not my bread and butter and I intend to keep it this way
what is this aceji logix/fb .. Are you hiding some gems from we passionate followers of your blog.
i sometime share my technical trading thoughts on FB only.
So sir whats your view on Logix Microsystems
kindly check my FB page, and that was just a technical trade…strictly.
Ace,
Want to make fresh entry to V2Retail.. Is this good time or wait for more consolidation and results ?
see, i cannot predict how long the consolidation could go on, but its at attractive levels and its already given us very good returns so far. if you want to enter at these levels keep this on the back of your mind.
so if you are convinced about future needless to say its attractively priced right now, no doubt
Thanks as always..
Neulands Lab, whats the view?
decent… but not a compulsive buy for me
ACE, waiting eagerly for the new pick. Is it tomorrow?
no sir not tomorrow
Hello Ace ji…i have convinced on the Waterbase story after reading your blog on the same only.. 🙂 i have already gone through the same………you have mentioned regarding the growth(with not much of capex) in the blog however not in the % term…like u have mentioned for Vidhi 40% expansion is on the cards….i want the % term for the Waterbase as well which will help me become more convinced on the growth and potential to become future multi bagger……. Thanks in advance!!!!!!!
Hi Ace
What is your view on Lyka Labs?
no change from my previous views
I am unable to find anything related to lyca lab in this wordpress even after searching through google.
not too keen on this as of now
Hi Ace,
Can you pls share your view’s on ‘Amines & Plasticizers Ltd.’?
no change from my previous views
ACE, what are the EPS estimates (consolidated) for Cybertech for this and if possible next Financial Year?
i am not interested in the overseas subsidiary as i have mentioned in the stock story and my numerous comments as i believe its local business would be way higher than its overseas business, which is nothing but outsourcing. my interest in cybertech is based on it “products” business which is extremely promising.
Ace,
Your views on Rajesh Exports please.
Thanks
not a fan of its business but technically its verygood and any declines can be used to add positions in the stock who wants to take exposure in that kind of business (but personally not interested)
You know your technicals quite well.. 🙂 Thanks
just my two cents on that stock…
ACE, please suggest technical levels (support etc) for Cybertech & Aimco.
this blog is not about technicals and that is the wrong way to look at stocks… cybertech is at support levels and lower end of support is 26.5 (which is a pretty strong support levels) also i do not wish to keep on commenting on technicals. for aimco i had already said that since its broken key support of 60, let it consolidate for fresh entry but for people already holding there’s no point to worry and also its important to understand that i would not be responding on technical queries …if at all i am comfortable i would share the levels myself because everybody is becoming a short term trader. do not want this blog to go in that direction…. God bless
I absolutely agree with you ACE. I only posted the query since I was unable to decide at what level to initiate a position (as both stocks have been falling continuously).
ok
yes cybertech was falling but aimco is correcting after a strong upmove that we saw …. just my two cents..
Hi Ace,
Your views on Strides Arcoloab please.
Thank you.
positive for long term…its a good company backed by a good group.
ace brother today another blogger gave waterbase and vindicated your stand.. congratulations it is wonderful to buy
would appreciate if we do not discuss other blog here pls. God Bless
Not about that ace pra.. but the thing that you were the first to pick waterbase and the masses are now following.. i think it is time for waterbase to breakout above 59 chart pattern.
i dont think the breakout is coming in waterbase, it should stay at 52-53 levels for some more time. Furthermore, i think this is a wrong way to look at things. just because i spotted it first does not mean i own the stock or everytime someone else covers it he has to credit me. no its not like it. as you said in the earlier post, the only way to see it is (or the way i like to see it is) that others are also feeling comfortable about it and therefore, stock getting more acceptability and therefore respect and is another vindication of our belief.
there is a triangle pattern breakout on the daily charts above 58.50 triangle are very accurate and useful in short-term trading i have personal experience in trading these patterns and i can say above 58.50 waterbase can shoot up to 100.
ok, for some reason i do not see it (and do not agree with the levels that you are pointing)… and according to me it should stay at the levels that i told you…lets see now… also lets not get obsessed with technicals also.. god bless
This looks strange… ace should I exit waterbase you do not sound optimistic at all.
what looks strange? asking people not to discuss about other blogs here ?
the fact that you are sounding pessimistic about waterbase is very strange i think i have to exit and shift to cybertech or some other stock.
your wish sir. i am very bullish on waterbase but your own opinion matters most. do what your heart says because that’s most important, but give due consideration to what your brain says too…God Bless
hello sir. just started your blog and comments reading recently. i am very much interested in wanbury. read your resesrch article and very hard work on wanbury. can i enter at these rate.?
see, the stock is a turnaround stock and turnaround stocks need patience. if you are ok, then its obviously a wonderful stock and any decline in the stock could be used to accumulate the stock, but again research it very well as with any other company that you might want to invest in. God Bless
as i am interested in aimco , cybertech and prima too. how much proportionate can i buy and divide in these stocks. i.e. wanbury , aimco ; cybertech and prima. thnx.
see, i cannot do portfolio construction for anyone, that you have to do for yourself. you have chosen right stocks though. also look at vidhi as it looks to have a good margin of safety because of dividend just like prima and probably a cybertech
Garware Walll Ropes seems be forgotten by you ACE. Much better than Aimco, Wanbury etc.
no its not forgotten, but the gentleman has chosen some stocks for himself and i gave him my take on those stocks. why should we push one stock over other. also its unfair to compare 40-50cr company with 400cr company but no doubt garware wall ropes is a class act just like DHP, V2 etc…
thanks sir for your valuable advice.
ACE, is it safe to assume that a new pick is coming tommorrow?
probably this weekend
Whats ur view on rajoo appointed Mr. Kirit Ratanashi Vachhani as Additional Director in the category of Non-Executive Independent Director of the Company
nothing bad in that, does not affect the big picture
Hello Sir… Since quite a few of the stocks have taken a hit.. is it the right tym to buy shares like sahyadri, cybertech and vidhi… Or is it advisable to let them consolidate further… My purchase price is quite high for these stocks.. 94; 67 and 21 respectively… I know it is not possible for you to advise individual portfolios, but i feel i am quite stuck at this point.. hope u would reply to my query…
yes, you can take a plunge in some of the shares which you like at this point.
Thank u sir… vidhi i am confident.. but i am a bit wavery over cybertech, sahyadri and v2.. could u please suggest if i can invest in these at current levels?
i already replied to your question. if you yourself are a bit wary about v2 and sahyadri and cybertech then i suggest to listen to your heart and invest in something else then..no harm in that also.you can also wait for another pick then i plan to post in this weekend. i mean choice should be yours and only yours is my opinion
Thank u 🙂
Dear Ace
Though global indices are performing well but nifty is beaten down on every rise. Could you share why such sell off happening?
because there’s no reason to markets to go up…it will climb down a bit, give some time correction and then climb up. which major global indice has done as well as india in last 12 months ? hardly one…also our currency has been so stable w.r.t others
🙂
Thanks ace. Soothing words
What is your take on pharma counters like ajanta pharma,shilpa medicare n granules after todays correction..the indian mid cap pharma has great potential for the next few yrs..your take on this..
And regarding Vidhi is debt on it’s books is not a worrying factor?
all those are good counters especially the first two. a bit of correction would always come and one should evaluate it in the context. as far as vidhi is concerned why is its debt a concern ? how much debt do you think vidhi has on its book? also do share the source of your information (and i hope your source of information is not moneycontrol)
Sir . Your view on jubiliant life sciences please?
no change from my previous views
debt is 42.44 crore from following link http://www.screener.in/company/?q=531717
another website 🙂 …what does the balance sheet tell you. only trust the balance sheets and ARs only. not these kind of websites.
by the way i hope you realized that this figure is wrong and vidhi actually has very small amount of debt.
dear ace,what is the call on sms pharma?
decent…
Hi Aceji,
I have been a silent reader of ur blog… Congratulations on ur great work… I couldn’t purchase any of ur recos earlier owing to liquidity crunch… Now that I have decent money to invest and the prices have corrected, could u please suggest any stocks which are currently trading at mouth watering levels with only a limited downside from here…
Thanks in advance… Hope u have a great weekend..
come out with a list of stocks that you are most interested in and then we can try to nail it. also this weekend i’ll try to come up with a Name This Gem stock, which IMHO is also one of the best and undiscovered company, so you can look at that also. this company is also technically super strong at the moment…
The suspense is killing me ACE!! Eagerly awaiting the new pick. I held back my buying on Friday in ancipation of new pick.
sure. personally i am sure its worth the wait. i am surprised that these kind of companies lay undiscovered because noone is ready to go beyond reading the name of the company.
Thank u sir, for giving me the opportunity to learn in the process and not spoon feeding me.. I like v2 retail, vidhi, sahyadri.. but i am not sure about the potential downside associated… Knowing that would help me be more patient as I am not a huge risk taker..
if you are not a huge risk taker then v2 or for that matter any small cap is not for you. noone can tell what is the downside. its better you either stay in FDs or large caps.
Hi Ace,
Please give your views on Elder Pharmaceuticals, which is the one of the stocks declining throughout the year..
not too keen on it for the moment
Thanks a lot for your reply.. Have a nice Sunday…!!!
Plz share ur view on Black rose Industries. Thanks in advance
not interested in it.
Hi ACE,
Your views on AXISCADES Engg & Stampede Capital.,
axiscades is good, stampede is not for everyone, as its business needs to be understood fully, so be very very careful before entering. disc – stampede is some part of my trading portfolio for some time now.
Sir apart from market correction , is there any fundamental reason for Aimco’s fall ?
nothing really. maybe market is interested in knowing the intentions behind the increase in authorized capital. the markets are probably interested to see if there’s any equity dilution
Ace ur views on Emmessar Biotech
had given my perspective just a few days back on the blog. kindly google it. no change from those views.
ok ace thanks
Hi Ace, What is the target price we can expect in case of Wanbury?? Few days ago it touched to Rs 80/- and now its around Rs 55/-.
as you should be knowing, i dont give any targets here.
Yes, I know it but would like understand at what time we should book the profits.
that depends on your portfolio management strategy. I do not do this here