Sunday, July 26, 2015

MIC ELECTRONICS - UPDATE

             MIC ELECTRONICS - is one stock  suggested earlier around @ Rs.5 which is currently trading around Rs.23. Now , in a very  important development ,company informed that  Leyard Optoelectronics, the word leader in  high end  LED display products expressed their intention to subscribe 20 Million shares and 30 Million warrants @ Rs.25 .In addition to this, 3 million warrants will be allotted to another individual at the same price . This fund infusion ( Approx: Rs.135 Cr) will help the company to address much needed working capital and other funding requirements. Technical ,Manufacturing and Marketing support of a world leader is expected to  give a new lease of life to MIC .Leyard is the company  which supplied  display products used for the opening ceremony of  2008 Olympic Games held in China  and its stock listed in Chinese stock Exchange. I expect better days for MIC's  share holders who kept faith in the company and resist the temptation to trade with it for some quick penny.

  Link to the website of Leyard  HERE


24 comments :

  1. Thanks for your update... Holding MIC 2000 shares which i bought at 9 RS...
    Could you pls share your views on Syngene International IPO ??

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  2. thanx a lot sir for this wonderful stock pick.

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  3. Thanks for the info sir.I have been holding decent no of shares after ur suggestion.it wil help me a lot.

    Thanks sir.
    Andrew

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  4. Sir, thank you for update.

    Sir, it is preferential allotment of 3 million (not 30 million) of convertible equity share warrants to Mrs. Puja Kamineni.

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    1. Sorry for the typo , now corrected

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  5. Thanks for update.can more be added at cmp.thanks once again sir.

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    1. If your conviction now increased than I first recommend it at Rs.5

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  6. Dear VP sir thanxs a lot for gifting us such gem. May almighty bless you

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  7. VP sir,
    To earn in the stock market which principle is must to learn for investor
    1.Elliot principle
    2.Fibonacci principle
    3.WD Genn principle
    Why should depend upon some other recommendation.

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    1. I am not a believer in these type principles and not thinking these are must to succeed in stock market.I always prefer to take investing decisions after studying the company and business prospects of Industry/company and management's ability to utilise the available opportunities and their integrity and then enter in such stocks when I feel the risk reward ratio is favorable. I think , simplicity is the best method and not make things more complex to take investment decisions . Nothing but common sense is the most important asset in stock market supported by patience , in case of a true investor.

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  8. That is what makes you a breed apart sir. Common sense, accuracy of knowledge and above all integrity and selfless motive to share. What also makes us confident with you is the absence of sensationalism in your writing and comments. Hats off sir

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  9. Thank u very much for such a very good news. Holding 10 k quantity at an average of (Rs 19.20).. All the credit goes to u to identify such a decent stock for us.. Thank u, thank u, thank u.....

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  10. Sir pls reply on unichem labs for long term?? I hv been asking u for more than 4-5 times but still my message not got posted.. pls reply so that EPvn others can benefit...

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  11. Sir pls reply on Ruchi Soya for long term?? I hv been asking u for more than 4-5 times but still my message not got posted.. pls reply so that others can benefit...

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  12. Sir on a lighter note , you should run a MF scheme . we all would blindly invest :)

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  13. Sir what is your view on SMS Pharma and Aarti Drugs

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  14. Sir what's your view on Jaiprakash Power Ventures for high risk taking investor

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  15. sir give ur feedback on Gokaldas exports

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  16. I have added 2 stocks in my portfolio after watching historical data and comments in your blog i.e. MIC ,Salzer . Stock which you suggested earlier you always give a standard reply i.e. i have recommended it than at xyz price...instead of that if you suggest 3 strategy i.e. buy , sell and hold that will be more fruitful for the retail community at large

    You are a great stock picker and more importantly you are giving your selfless services to these unorganised fellows....May god bless you but accomodate my suggestion or atleast once for a all pl. Guide on all your past recommendation at current level

    With great regards

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    1. Whether a stock is buy , hold or sell is purely depends on one's conviction and risk taking capacity . One stock at a price 'X' for a person with high risk appetite may be a buy for him but at the same price it may not be a buy for low risk taker , So whether one should buy , hold, or sell is purely one's own decision based on own risk taking capacity. What I can do is - Share whatever I know about the company .It is one's duty to assess whether a stock is suitable for you and upto what price .If otherwise specified , my stock suggestion price is intended for an average risk taker .There may be positive or negative developments thereafter .It is an investor's duty to track it and adjust your comfortable purchase price based on such developments. Otherwise I need to post my opinion on each day according to the price movement. Don't expect 100 % spoon feeding and try to spend time to study the companies and develop a skill to take own decision.

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