Wednesday, November 19, 2014

SKM COMING BACK TO BSE







  In my initial posting about this company , I mentioned the reason for non trading of this stock in BSE.In an interview published in ' Business Line ' Today , MD of  the company  clarified that they are initiating steps to revoke suspension of  trading from BSE and expecting the same in near future  .Company also decided to pre-pay  the bank term loan  to achieve debt free  status in near future .He also outlined company's various  plans to be implemented going forward .

To read full text of this article click HERE

45 comments :

  1. Thank you Sir for giving an update on SKM. Really appreciated.
    Can you also share your thoughts on Mold-Tek Pack meeting outcome. It would be great to have your detailed explanation in a new posting.

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  2. Good to hear this.
    Hope this raises the bar of confidence of the investors who have panicked in these two days after seeing the script hitting down circut.
    It has to be understood. What goes up has to come down to give balance and justification to the rise.
    Keep it up VP sir.
    As per my experience I c this one zooming again up once panic period gets over.

    ReplyDelete
  3. Dear value pick ,
    Can u share ur view on shakti pump and epc irrigation. I have shakti pump and want to enter in epc. Thanks
    Prashant

    ReplyDelete
    Replies
    1. Both stocks recommended at much lower level

      Delete
  4. Hi Sir,

    Can you please share your view on Maithan Alloys Ltd.?

    Regards,
    Nawaz

    ReplyDelete
  5. Thanks VP for your regular updates.

    Regards.
    skdc

    ReplyDelete
  6. Thank you very much sir, for posting details research update.
    Do you have any view on Firstsource Solutions.

    ReplyDelete
  7. Vp sir hats off to your recommendation.its not possible to invest a considerable amount every month on your recommendation for me.but I invest a considerable amount on your recommendation and then after some appreciation book profit and come out with my invested amount leaving profit.is it a right strategy

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  8. Vp Sir, in case if it is being relisted on bse what will be its relisting share price?

    ReplyDelete
    Replies
    1. Either the previous day closing price of NSE or decided through auction mechanism.

      Delete
  9. Good evening sir, Its really give me great pleasure reading your reply on investor query. Sir my question is that what is the best source of knowing about financial performance of company or about debt restructuring . Is it money control.com or may be other financial site? kindly advise on it sir. thank you sir ji. GOD BLESS YOU

    ReplyDelete
    Replies
    1. I don't think there is any single source for all info about a company

      Delete
  10. VP ji, what's your view on NIla infra?? I am holding it since Rs 2.5. Also let me know your view on accel frontline after Japanese stake buy..

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  11. Hats off to your research.
    Can you pls share your views on Om Metals? thanks

    ReplyDelete
  12. zicom eps 27 p/e5 --sirji A review PENDING FROM ur side
    mcap 250cr sales 850cr-900cr
    this is something like ricoh at rs 60 ??

    sirji i hold huge qty
    plz views ??

    rahul binnani



    ReplyDelete
    Replies
    1. Happy to see at least at this level ( Rs.150 ) some one is interested in it . Twice recommended Zicom @ Rs.35 and @ Rs.85

      Delete
  13. dear vp sir
    i want to start investing in stocks using sip route. which of the follwoing stocks are best for long term investment of 3-5 years.
    (1) oriental carbon (2) arrow coated (3) v2r

    ReplyDelete
    Replies
    1. Oriental Carbon recommended @ Rs.93 and current price is Rs.378.

      http://value-picks.blogspot.in/2010/03/oriental-carbon-and-chemicals.html


      Arrow Coated recommended @ Rs.12 and current price is above Rs.330

      http://value-picks.blogspot.in/2013/08/gts-3-answer-arrow-coated-products_3.html


      V2 Retails recommended @ Rs.14 and currently @ Rs.44

      http://value-picks.blogspot.in/2014/03/v2-retail-from-rs1000-to-rs10-will-it.html

      Read the details provided in the above links and study in detail.

      Delete
  14. Hello sir , i want to know your views on Mayur Uniquoters at current price. I am planning to start a SIP of few selected stcoks like Gruh, Repco , Mayur for a long term investment .
    Regards
    Mohan

    ReplyDelete
  15. Sir Since it is coming down in lower circuits I want to enter in this one as investor. what will be a good support for me to enter in SKM. Thank you again for all the help

    ReplyDelete
    Replies
    1. Dear Vishal

      I am not a big fan or an expert in technical analysis and not planning to predict support , resistance ,etc . While purchasing a stock my only consideration is whether a stock is worth at a particular price considering its future prospects and my risk taking capacity .

      The general behavior of majority of investors are linked with sentiments . If a stock is in continuous upper circuit they will compalin that they are not getting a chance to enter in it and if the same stock is in in continuous down circuit they will not enter in its thinking only about its negative sides. These type behavior makes the entry too difficult .I have mentioned my opinion about SKM through more than one postings . Please go through it and do own home work to reach a decision about your comfortable price and enter at that rate .

      Personally I feel , it is a stock with high potential by all means and we will see much higher levels one year down the line provided there is no unexpected extreme negative happenings in world economy.

      Delete
  16. Ace, your view on Anil Ltd :
    Available at 5.53 pe
    Promoter holding : 69%, no pledge
    Dividend paying stock
    ROCE 20%
    But one concern is debt is increasing.
    Request your opinion on the same.

    ReplyDelete
    Replies
    1. Stock already appreciated almost Rs.100 from recommended level.

      http://value-picks.blogspot.in/2013/02/anil-ltd-buy.html

      Delete
  17. can you give your opinion on astec lifesciences please?

    ReplyDelete
    Replies
    1. Astec is an already recommended stock @ Rs.57 in the following link .Current price is around Rs.105 . Company's business is now growing and the same is expected to reflect in its share price going forward.

      http://value-picks.blogspot.in/2010/05/astec-life-science-patience-will-pay_06.html

      Delete
  18. VP sir,
    I am a long term investor and holding 1300 bilcare @85. I am ready to hold it for 3-4 years. Pl share your opinion on bilcare on long term. Hold or sell answer will do. Thanks

    ReplyDelete
    Replies
    1. About 2 months back I suggested to my readers who are holding shares of Bilcare to send a mail to my mail Id . Personally replied to each and every such readers about my stand on this company after some accounting related issues came to light when they published their last year annual report.

      Delete
  19. Hi sir pls advise one cwn hold Ucal fuel

    ReplyDelete
    Replies
    1. To avoid unnecessary repetition , please check whether the same question answered in recent times. Expressed my opinion about Ucal fuels just few days back below the posting of Hind.Media .

      :)

      Delete
  20. Sir I brought triveni turbine @ 110 please your view what its future

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  21. sir,
    Recently I have purchased shares of sasken com @ 253 pl give me your latest opinion thanking you

    ReplyDelete
    Replies
    1. Already mentioned - Anjan Lahiri's exit is a major concern.

      Delete
  22. dear VP sir, I seek your comments on Sharon Bio 200 bought @Rs.69

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  23. Sir, I am holding Hindustan Tin purchased @ 110.. Today it falled down to Rs.85.. What should I do?? Shall I hold or sell it.. Please suggest..

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  24. Dear Sir,
    I greatly appreciate your inputs and the service you are rendering to the investor community. It really helps us to see new opportunities. Otherwise, many of us would not have looked beyond the big counters for investing in share market. I fully appreciate the risk-reward situation involved here! Finally it is the individual's call. But we thank you for your valuable and timely inputs.
    May I request you to share your view on Camphor & Allied's quarterly result? Is the inconsistency in quarterly earnings a worry? I understand that one quarter do not make a year. It will be very enlightening to know how an experienced investor like you read this result.
    Once again, I thank you for your help.

    ReplyDelete
  25. Dear VP,
    Need your views on Hindustan Media Ventures.. There is no moment going on.. Just down fall.. are the fundamentals strong enough?

    ReplyDelete
  26. Sir can you explain the effect of re listing of skm? Do they issue more shares? Any effect on stock price?

    ReplyDelete

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