Sensex

Friday, December 18, 2009

Re: [sharetrading] ASSAMCO

 

Dear Mr. Abe
 
If I am not mistaken the share's face value is Re.1 and is a good investment bet in the oil sector also.
Having some shares bought a while ago at 16 - what could be the target expected, technically, please do share if possible.
 
regards
ekambe
 
 
 
----- Original Message -----
Sent: Friday, December 18, 2009 11:03 AM
Subject: [sharetrading] ASSAMCO

 

CMP -18.9 This scrip is showing strength and is a div paying co.

It has conv deb at 23.5 or so. It has higher depreciation indicating investments. Last Dec results were poor. With lower monsoons, tea harvest must be higher, hence this Q results should be better. Public share holding just 20% indicating better interest from FI's. promoters are foreign holdings.

Presently buy signal is on. SL 17.8

Buy at your risk…… Holding period over 1 month.

Abe

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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
.

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Posted by nsivaa at 1:00 AM

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