Sunday, April 13, 2014

MAJESTIC AUTO LTD

Please throw light on MAJESTIC AUTO LTD ask by Harish equety. 
1. MAJESTIC AUTO LTD is a 2/3 wheeler 's auto company. 
2. Face value of MAJESTIC AUTO LTD stock is 10. 
3.Year high of MAJESTIC AUTO LTD is 48-85 and year low 24.15 stock traded at 42.75 that are normal. 
4.Promoters holding in MAJESTIC AUTO LTD is 75 % FII holding 0.02 % DII holding 0.84% , So holding pattern is also good. 
5.Now we come on main problem of this stock in 2012-13 MAJESTIC AUTO LTD is a loss making stock and his net income in 2012-13 is 155.43 cr and company have a net loss of 5.85 cr ,Now total revenue is down in DEC 2013 net revenue of stock is 20.95 cr but stock earn a net profit of 62.76 cr so profit from extraordinary items are not a recurring profit and once it is adjusted then stock is down again. 
6. So i think something is wrong cooking in this company and it is wise to avoid this stock as this time. 
7. I have no any stock of MAJESTIC AUTO LTD.

Sunday, April 6, 2014

INDOWIND ENERGY LTD:AVOID

I have 2000 shares of Indowind energy @ Rs.4.So what is your take on this stock ?...Please tell me about the future expectations of this stock ....Thank you.ask by Varun vijaywargi. 
1.INDOWIND ENERGY LTD is a 10 rupee face value electric utility company. 
2. Year high of INDOWIND ENERGY LTD is 4.68 and year low 2.10, you buying this stock just near his year high.
3.Promoters holding in INDOWIND ENERGY LTD is 38.01% and promoter increase their holding from 36.22 % so this is a good point but promoters pledged his 11.73% shares so high debt is negative for INDOWIND ENERGY LTD.
4.INDOWIND ENERGY LTD shown a major decline in revenue and profit in Dec 2013 results and many bulk deals also shown in INDOWIND ENERGY LTD so this is a concern for stock health. 
5.Overall my view is negative for INDOWIND ENERGY LTD due to high debt, promoters pledged stocks, many bulk deals and major decline in revenues and profit. 
6. I have no any share of INDOWIND ENERGY LTD.

Wednesday, April 2, 2014

Fortis Healthcare ltd : Avoid

Hello Sir - Could you provide your views on Fortis Healthcare at CMP. I am a long term investor. Thank you Goverdhan 
1. Goverdhan ji, Fortis Healthcare ltd is a 10 rupee face value healthcare stock which traded at 97. 
2. Year high of Fortis Healthcare ltd is 114 and year low 84 both are normal ( new reader of my blog please note when year high/ low ratio is below 2 then we assume that stock is stable and have a limited downside ). 
3. Promoters holding in Fortis Healthcare ltd is 71.34 % FII hold 8.77 % and DII hold 1.28 % , Promoters reduce their holding from 81.48% to 75 % then 71.92 % and now it is 71.34% this is very bad and i do not like reducing promoters holding because as my past experience if promoters reduce their holdings then in 90 % cases stock is beaten down.
4.Fortis Healthcare ltd never pay dividends which is a negative point as my theory i invest in dividend paying stocks because if my holding period is long then i got dividends in my holding period. 
5. Bulk deals also show speculation activity.  Fortis Healthcare ltd EPS is very low like 0.41 and 0.21 in a quarter. 
6. So my view is negative for Fortis Healthcare ltd and i think you may consider Indraprastha medical in healthcare sector if you not read my article about Indraprastha medical then read it here Indraprastha-medical-corp ltd
7. I have no any share of Fortis Healthcare ltd.

Wednesday, March 19, 2014

RSWM LTD : POSITIVE

Sir I have 200 Share of RSWM @ 140 please guide me hold or sell? ask by Harish Equety. 
1. First of all happy Holi to all of my followers and blog readers, sorry for updating this blog too late but meanwhile I update my mutualfundgenius blog with CPSE ETF review. 
2.RSWM LTD is a 10 rupee face value textile stock
3. Year high of RSWM LTD is 175.95 and year low 88.50 
4. Promoters of RSWM LTD hold 51.44 % and DII hold 7.84% so this is not bad. 
5.RSWM LTD is a high Dividend paying stock which last year pay 10 rupee per share dividend
6.Net Earning per share is 1065 ( Net earning per share mean if we divided total yearly earning with total number of shares then we get Net Earning per share per year ) 
7. RSWM LTD have no any bulk or block deal in last 2 years. 8. So overall my view is positive for RSWM LTD and i am not find anything wrong with RSWM LTD 
9. I have no any share of RSWM LTD.

Saturday, March 15, 2014

MEAN OF LIMIT ORDER IN ICICI DIRECT AND SBICAP SECURITIES LTD.

Hi I am new to share market. I want to know how to use Limit Order. can you explain with an example. suppose I want to buy ONGC @298/- with limit order. 
The limit order will be triggered when the price reaches 298/- on that day and say for that day ONGC was closed @ 294 (below 298 limit order price). 
Then i would like to know at what price the transaction will takes place. ie @ 294 or 298 ask by Ramkrishna S 
1. In stock market we put 2 type of orders first is market order second limit order. 
2. When we put a market order then it execute immediately at currant market price for example you want to buy Country club ltd at CMP then if you put order during market hours then order will be executed at currant market price. 
3. Market order will be put only during market hours. 
4. Limit order will put any time even if when stock market is closed you can put limit order. 
5. Limit order always below the last traded price for example in ONGC last trading price is 298 then you can put limit order like 297 296 295 etc but order above last traded price like 299 is not allowed. 
6. It is no matter that at what price particular stock is closed because when you put limit order at 298 i think that time ONGC was traded above 298 and when stock fall your limit order is executed at 298 and after that stock close at 294.

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