1)Following on,Concurrent continued its dream run ending at upper circuit of 26rs with over 2 lakhs pending at highest levels.From 8 to 26 in a matter of 4 odd months makes a return of 325%.
2)Concurrent recently delivered stunning results and came out with an EPS of 1.1re for the year.It should be prudent to note that lot of billings got forwarded to the next quarter.So expect even a better set of numbers in the coming quarters.
3)Renowned HNI's are busy accumulating the counter.Great guys are in a queue to opt for it sensing the amazing future of the company.
4)Pms guys,broking members,paid members take a bow folks,single handedly concurrent is swelling your portfolios.
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Cheers
Syed
Sunday, April 25, 2010
Tuesday, April 20, 2010
Buy Concurrent Infra Ltd
The immediate short term targets for this stock; this call is mean for the traders only!
T1: 24.25/-
T2: 28.10/- and
T3: 31.75/-
(Disclaimer: Please make your own analysis before taking any decision; I am very carefully picked the stocks with all efforts despite that I strongly recommend you to please do your own analysis before going to trade.)
T1: 24.25/-
T2: 28.10/- and
T3: 31.75/-
(Disclaimer: Please make your own analysis before taking any decision; I am very carefully picked the stocks with all efforts despite that I strongly recommend you to please do your own analysis before going to trade.)
Stick To Stronghold
Last week, a reader commented to me about his own investment behaviour—“While I often find good stocks to invest in, when I look back, I find that I usually exit them too early. How do I prevent this?”
In my reply, I told him this behaviour is not uncommon, and usually happens under one of two circumstances:1. Many investors exit a share when it dips sharply downwards, whether due to a disturbance across equity markets, or due to a disruption in the company’s profits, as reported in its quarterly numbers. The former problem is easily dealt with—market sell-offs give one an opportunity to buy into companies one favours. When it is the latter, one needs to assess whether it is an early warning of some deep problem in the company’s business, or a one-off problem. Normally, it is the one-off incidents that cause prices to dip or spike sharply. Deeper problems tend to surface slowly, and give the investor several quarters to decide whether he wants to remain in the share or get out. In other words, sharp drops in the price of a share are a time to re-look at the company’s performance, not necessarily a time to react by getting out.
2. Equally common, an investor says—“I bought this share for Rs x, it has now reached my target of Rs. 2x (or whatever target he has). Let me take my profit and exit”.
This is bad! Not because I have anything against price targets, but because such targets need to be related to the performance of a company, and not to the price at which the share was purchased. The moment one starts thinking this way, one’s price target for the company should change at least every quarter, when the company presents its report card. If the company’s performance is likely to be affected by any external changes, such as commodity prices, interest rates, or governmental regulation, then changes in these must cause one to reframe the price target, too.
I try to slot every share I am following into one of these three categories—‘BUY’, ‘SELL’, and ‘HOLD’. Sharp price changes and quarterly results are compulsory reasons to examine every share, and check whether it needs a category change.
If a share suddenly shifts into ‘SELL’ category, because the price has risen sharply, or circumstances have changed, that’s the easiest thing to deal with!
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If a share I own moves into ‘BUY’ zone, say because its price has dropped, that’s actually a wonderful place to be in—one has been holding the share a while; hopefully one understands the business a bit better than when one first bought it; and now it is available for less. It’s like a discount on your favourite flavour of ice-cream. Time to order two scoops, rather than one. Or, worse, start thinking, “must be something wrong with strawberry ice-cream, if they’re discounting it. Better stick to that boring vanilla.”
And shares in the ‘HOLD’ band? I love shares which coast in this band for years—even if my broker doesn’t. If I bought them at a good price, and the company’s earnings keep rising steadily, their price rises too, without sending price-earnings ratios into the ‘SELL’ zone. As long as the bulk of one’s shares are in the ‘HOLD’ zone, one’s portfolio can be very responsive to new opportunities: since one does not look at such shares as screaming ‘BUY’s, one is not too unhappy about exiting such shares to invest in new opportunities one sights, when an attractive, fresh opportunity presents itself.In the absence of such events, don’t be in a hurry to take your profits. “HOLD”, if I might coin a cheesy phrase, “IS GOLD”
Courtesy “Outlook Money”
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