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Friday, 7 November 2014
Prima Plastics - 100% return in less than 2.5 months
Prima plastics recommended on 25th August at Rs 22.60 hits a life time high of Rs 45.95 with more than 100% return in 2.5 months. Crude prices softening would be a positive for this industry. Please continue to hold.
While it looks fundamentally strong backed by consumption led story, we should also factor in the huge run up in the stock in past few months. Q2 results would help in giving the guidance.
Thank you for the reply. I will wait for the results to take any decision. I'm new to value investing and still in the learning process. Studying stocks as posted in this blog gives me an edge, as I'm analyzing quality stocks.
On a side note, please share some tips for newbies like us, which helps us in becoming a better value investor. I would like to follow you, if you are on any other social networks.
Is a new entry advisable at this time ?
ReplyDeleteWhile it looks fundamentally strong backed by consumption led story, we should also factor in the huge run up in the stock in past few months. Q2 results would help in giving the guidance.
DeleteThank you for the reply. I will wait for the results to take any decision.
DeleteI'm new to value investing and still in the learning process.
Studying stocks as posted in this blog gives me an edge, as I'm analyzing quality stocks.
On a side note, please share some tips for newbies like us, which helps us in becoming a better value investor.
I would like to follow you, if you are on any other social networks.
Thank you so much for all your efforts.