Friday, June 20, 2008

Jayaswal Neco.....My call vindicated......

Jayaswal Neco has come out with excellent nos and once again my call on Jayaswal Neco has been a great success.
Jayaswal Neco has posted a profit of Rs 38 cr as against Rs 10 cr last year..So the rise is as good as fourfold. On yearly bases also the profit has increased from Rs 22 cr to Rs 85 cr...that is also a 4 fold rise...year to year.....What more one wants?
This is called exponential growth and that is where I see it early and give a call to buy early.
I can under no circunstances justify the future growth looking at present results which use to come dull.......
Only after sometime it use to surface......
I have written enough on Jayaswal Neco......
Giving an EPS of 3.33 on qr bases and EPS of over 7 on year end Mar 08 base I think Jayaswal has long way to go and I remember I gave a call at mmb at just Rs..17....after which it touched 84 and again retraced back to 22 to give a chance to buy and again it has doubled....

6 comments:

  1. Really a good Call.. I was going through your list of calls which you gave on your blog and did find many others like minda and others are still holding very strong in this kinda market ...

    Congrates for the same ...

    Cheers,

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  2. Thanks Anonymous that you thought of looking through my old calls and also thanks for being so kind to appreciate them.......

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  3. Nice call Mr Rajeev. You rock. And please do not shut the blog because someone blames for or anything. We always appreciate your work, and do not deserve to lose this blog because someone loser made bad comments here. Thanks again

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  4. Hi Rajeev,

    Please dont close down your blog b'cos of some uneducated ppl's tamasha.

    I am a small investor looking for some advice from knowledgable ppl like you.

    Thanks for your work.

    Ramesh

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  5. Dear Rajeev,

    What a depressing day it was today after a constant selling pressure during the early afternoon, the sensex slid further into the red and never did any kind of BULL activity was visible, i have never witnessed such a vicious bread-down in the last few weeks.

    What is your advice for now? book losses and get out of the market or keep nibbling at lower levels?

    I hope the markets will recover sooner than later.

    Please guid me Rajeev bhai.

    Thanks a lot.

    Ramesh

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  6. Dear Rajeev / Nakul,

    Kudos to you on the JN. Company has started showing performance exactly about 1 yr before you had given a call @18 and its already a three bagger with high @ 80.

    Remember JN / XLT came from you on a same day over an email to me.. And had a great success in both of ur call..

    Keep your good work coming.

    cheers
    Barat

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