shri shankar marimuthu ask by e mail that "I currently own the Unitech shares of total 10,000 for the amount of Rs 32.CMP is 53. Will it go up to 150 in next 3 to 4 months ?
What would be its long-term growth? Please advise me, Sir. "
What would be its long-term growth? Please advise me, Sir. "
Dear investor,
1- Face value of unitec share is 2 rupees.
1- Face value of unitec share is 2 rupees.
2- Book value of unitec share is 13.2 rupees. (Read http://sharegenius.blogspot.com/2009/03/what-is-book-value-of-share-list-of.html in this blog )
3- EPS of last 4 quarters is 13 rupees. However, it is still in downtrend and in quarter 12/2008 earning per share (EPS) is only 0.12 rupees means in quarter Oct to dec company one share earn only 12 paisa.
4- We are not so bullish in this share but market run 25 percent based on fundamentals and 75 percent on the momentum. So we advice you a good strategy for your investment in the next 2 point.
5- We think fair value of unitec share is near about 15-20 in this time and current price is 47. Divide your 10000 share in 5 blocks each block have 2000 share. If unitec price will come down you can sell each block on the rate of 40-35-30-25-20. (This is your stop loss setting like dynamite fitting if you see price 40 you just sell your one block and see 35 sell 2nd block…… I think you understand these dynamite settings).if unitec really come down to this level you again purchase your entire share below 20
6- Suppose unitec come down only the level of 31 then only 4000 share is selling by you in the level of 40-35 and you buy again it on level of 34 if momentum is change.
7- and if your luck is better and unitec is turn around before 40 and go to 60 then your stop loss settings is trailing like 50-45-40-35-30 and so on…………..
8-point 5, 6, 7 is only trading suggestion but our view is bearish in this stock read my old article on this share in this link
4- We are not so bullish in this share but market run 25 percent based on fundamentals and 75 percent on the momentum. So we advice you a good strategy for your investment in the next 2 point.
5- We think fair value of unitec share is near about 15-20 in this time and current price is 47. Divide your 10000 share in 5 blocks each block have 2000 share. If unitec price will come down you can sell each block on the rate of 40-35-30-25-20. (This is your stop loss setting like dynamite fitting if you see price 40 you just sell your one block and see 35 sell 2nd block…… I think you understand these dynamite settings).if unitec really come down to this level you again purchase your entire share below 20
6- Suppose unitec come down only the level of 31 then only 4000 share is selling by you in the level of 40-35 and you buy again it on level of 34 if momentum is change.
7- and if your luck is better and unitec is turn around before 40 and go to 60 then your stop loss settings is trailing like 50-45-40-35-30 and so on…………..
8-point 5, 6, 7 is only trading suggestion but our view is bearish in this stock read my old article on this share in this link
9- I think it will not to go 150 within 3 months. If market is bullish maximum, level accepted 80 in 3-4 months.
10- Long term growth of company is accepted 5-6 percent only
10- Long term growth of company is accepted 5-6 percent only
Excellent Sir.Thanks much.
ReplyDeletehello sir,
ReplyDeleteAgain i m impressed d way you suggest to manage the risk as well as return appetite
thanks for shri praveen goswamiji or shri shankar marimuthu ji
ReplyDeleteCan unitech be purchased at current market price of 6.70
ReplyDeletePlease advice
No, due to continue reducing promoters holding and NSPS 3.70 unitec is clear avoid at CMP
Delete