First of all let me write that I am thankful to all those readers who has kept faith in me and I am indebted by them.
I remember I recomended Rico Auto and Super Spinning time and again though I have not discussed Super Spinning in detail but I have discussed Rico Auto in details why it was a buy at around 23.
Rico Auto has come down from 23 -24 level to abysmal low level of 10 and so has Super Spinning.
Now what I am going to disclose today is a name of a very veteran investor and a very excellent investor who can wait for his stocks to go up for 5 yrs and even more.I adore him for his investing style and he is a master and a chela of then master investor named Manu Manek.
He has a penchant for cement stocks like Madras Cement and also have a liking for Auto Ancialliary Co like Motherson Sumi , Rane gr and also have a liking for Laxmi gr .He was a Co-owner of brokerage gr before it was sold recently.
I would like all my readers to look at SHP of both this Co and one should be able to read his name and I hope someone come out with his name and write it here.
It is all about observing and nothing else.It is my passion and hence I devote my entire focus on what is going on in market and who is playing with what stocks.I can say it is all at my tip of my fingure.
With commodities going down and Oil going down,Rico Auto will give excellent return in LT,like say, 3-5 yrs from now.Rico Auto has been beaten down for a long time due to earning not coming good but happy days should come for both Super Spinning and Rico Auto .Both the stocks can take time and even test your patience but hold it.Don;t look at everyday price after buying.
Both are fundamentally excellent Cos and both should flourish in time to come.I can't say when but both will give excellent returns.Well, I can't guarentee you , but I am confident for both.
Well, as I said earlier, I can't gaurantee you anything but I hope this is a good chance to lappup stocks like this when chips are down...........