Monday, November 8, 2010

JAGSON AIRLINE:HOLD


Hi Mahesh,
I am holding 535 shares of Jagson Airlines @ 21.Can you please tell whether I should continue to hold or exit.
Thanks,
Brijendra kumar


1. Brijendra ji I think you may no need to worry because jagson airlines is a T group company with 10 rupee face value.
2. Promoter holding in jagson airline is wonderfully sound total 71.53 % promoter holding is a good fundamental.
3. year high of jagson airline is 23.35 and year low 8.37 I think if any market fall if we are able to catch it @10 ( please do not average out your losing positions) then this is really a good buying.
4. I think there are chances of uptrend in this share because small airlines is best takeover targets for big and if this happen small company always get price appreciation.
5. book value of jagson airline is 3.28 only
6. This is a news base counter so I think you may wait for next good news for profitable exit.
7. My view is positive for this stock if available @10 or HOLD for old buying.
8. I have no any share of jagson airline.

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