Wisdom...Thursday, December 31, 2009
End of the day…
Add one more Supreme and or Nilkamal in your fold that is WIMPLAST. A company which is available at a market cap of Rs 100 crs though it has reported TTMEPS of Rs 22 so far and will close at Rs 30 plus. CELLO is the most famous brand and I would be prepared to buy this co even at Rs 200 crs if the management is willing to sell the co. Promoters official holding is 74% and with few investors 90% seems to be controlled one. CO wants to make QIP at Rs 300 before taking the price to Rs 650 in next 1 to 2 years. This is the year end or New Year gift from me to all of you.
I have no doubt in my mind that market will cross 5360 early next week for making fresh positions.
B gr will remain on high alert as retail and investors and HNI are now returning to market after seeing the media hype of 2010 vision.
ONLY suggestion I would set once again that please enjoy others with supreme and nilkamal now as we were the pioneers in these 2 stocks in research call. We would use our energy to enter in virgin fresh stocks so that our downside is protected at the same time we are ahead of market with assured gains.
Our cost of VIP, Nilkamal and Supreme is nil as we have sold 75% of the stock at 25% profit as per benchmark and hence we can carry on these stocks so long as we do not become negative on the sector or stock. Now Wimplast we should by in size and sell 75% of your holding at 25% profit i.e Rs 200 plus and enjoy the ride till the last drop.
I wanted to see Sensex close at new high though I would have loved to see at 17900. Yet closing 2009 on promising note is nothing less than satisfying for me.
Once again I wish you a very happy and prosperous new year 2010 where we should see Nifty 7000 for sure.
Year's end is neither an end nor a beginning but a going on, with all the wisdom that experience can instill in us
BigGains !!
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