Thursday, August 25, 2011

Supreme Petro..now..Rs 72...My old call....@Rs.27...revisiting again....

Friends,
I gave a call on Supreme Petro at Rs 27, in Dec 2009.
See the link:
http://rajeevdesai.blogspot.com/2009/12/supremre-petrocmp-2755.html

I discussed all fundamentals at that time which one can be able to read when you open it.

If someone has bought it at that time at 27, the price now is 72 means the figures has got alternated , means instead of 2 , 7 has come in front and that is even when all midcaps and small caps are heavily battered down hugely.
I still recomend to buy this stock for 3 yrs .I am seeing great value here still at this price.The expansion and collobartion Supreme Petro has done has still to come out and then the bottomline will go up in big way.It is still giving 166% return from my call and way up to go.
After making a bottom around Rs 55 in May 2011 this year , it is on upper movement.That is the strenght Supreme Petro is showing.Supreme Petro is above the 200 DMA and is coming from a wellknown Taparia Gr and hence nothing to worry on management front.

Posted by at

9 comments:

  1. pruthviAugust 28, 2011 at 12:23 PM

    what is your view on educomp ? is it a good buy at cmp for long term??

    ReplyDelete
  2. RajanAugust 28, 2011 at 5:44 PM

    Ok, The Investor U admire and who has stake in both these companies..

    NS !

    ReplyDelete
  3. BharatSeptember 1, 2011 at 9:09 AM

    your thought on educompyour thought on educomp

    ReplyDelete
  4. iwannabrichSeptember 3, 2011 at 9:19 PM

    nice blog.... u really r inpiring 4 aggresive risk takers....many financial stocks cheap right now...thoughts?
    pioneer investcorp LOOKS super cheap and so does money matters,,,,,wud love to hear ur thoughts?

    ReplyDelete
  5. Rajeev DesaiSeptember 4, 2011 at 2:01 AM

    Hi iwannabrich,
    I gave the call of Money Matters around 100 and it went on to touch 787 which is a whopping 7 times return.
    But with Promos name coming in scams ,I would not like to touch it now.
    But I am tracking Pioneer Investcorp and I like it too but I am trying to find out triggers from where I can say that it will have exponential growth and will become a multibagger.
    Do let me know anything more on Pioneer Investcorp and then lets us talk on it.
    Otherwise I would still recomend to buy A K Capital as it has come down from 944 to 221 and it will bounce back.It will take time but it will bounce back and will give excellent return in next 3 yrs time.

    ReplyDelete
  6. Rajeev DesaiSeptember 4, 2011 at 2:20 AM

    pruthvi,
    I do not track Educomp so no view

    ReplyDelete
  7. iwannabrichSeptember 4, 2011 at 7:41 PM

    WILL CHECK OUT AK CAPITAL AND PIONEER IS GETTING SUPER LOW VOLUMES....REALLY INTERESTING...THE ILLIQUIDITY SEEMS LIKE A BOON FROM HEAVEN TO BUY A FAIR CO. AT A REALLY CHEAP PRICE...BTW I THINK THE FOUNDER PASSED AWAY IN MAY.
    HEREZ THE THING(IM HEAVILY INVESTED IN THIS COUNTER SO I MAYBE BIASED) ON MONEY MATTERS-
    IT HAAS LIKE 750 CRORES OF ASSETS( MOSTLY 445 CRORES OF CASH,SECURITIES AND LOANS) AND IT IS AVAILABLE 4 300 CRORES..BASICALLY ONE IS GETTING PAID TO TAKE RISK...THE PROMOTER HIKING THEIR STAKE WAS ALSO ENCOURAGING
    WUD LOVE TO HEAR UR THOTS
    CHEERS

    ReplyDelete
  8. sbkSeptember 4, 2011 at 9:18 PM

    what is your view on loveble lingree ? is it a good buy at cmp for long term??

    ReplyDelete
  9. Rajeev DesaiSeptember 5, 2011 at 8:38 PM

    sbk,
    Lovable Lingree looks to me overvalued.It looks that due to speculation it is going up.Some shorts should have been trapped and hence is going up and up.

    ReplyDelete

Subscribe to: Post Comments (Atom)