IFGL REFRACTORIES LTD: AVOID

HI Sir, 

I looked at your blog.. 

looks interesting..and convincing.. I really need your help.. because I have made huge loss.. on below IFGL : Bought 2250 qty. @ 196.. now its trading @ 135 to 150 zone. please comment .. also edelwiess. I had initially 4500 qty. @ 66rs.. because it fell to the level of 45 I exited and purchased IFGL Sir please comment on both.. and will it be good if i can re-enter them , as they trade in low price. Regards Prabhukumar KS

1. Prabhukumar KS ji IFGL REFRACTORIES LTD is a 10 rupee face value share which year high 218.25 and year low 51.25.

2. I wonder to see that people invest huge amount when stock traded near his year high but fear to catch this type of stock at his year low. In this case year high/low is above 2 so as per my theory this is an Avoid.

3. Any one new in stock market most of time loss his money in these type of stocks , Net sales per share for IFGL is 94.60 So fair value for this stock is below 94.60 ( This is not a target this is fair value for investment read my book for more details, If you read my book then you knew that I always invest only those stocks which traded below his last year net sale per year).

4. Promoters of IFGL Ref. Ltd hold 71.30% , that is good.

5. You invest INR 441000 in a single stock , If I am in your side Then I never put this type of huge amount in a single stock , In my style of investment I am invest a minimum amount ( INR 2900)in a time, read my shopkeeper theory in my book for more detail.

6. You may also wonder to knew that in 2001 IFGL Ref. Ltd traded at 0.55 only and in 2002 this stock traded at 1.10 only.

7. So overall my view is negative for IFGL Ref. Ltd.

8. For Edelwiess my view is also negative due to huge bulk deals , I think edelwiess is also an Avoid.

9.  Discloser:- I am an exiting research analyst and applied for a grant of registration under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 and I have/my wife have no any stocks of this company so my personal interest is not included in this stock.

Prakash Constrowell Ltd : Wait and Watch

Good morning mk sir... Sir what is your view on Prakash Constrowell Ltd . Pune based company .. In reality .....Ask by Anand Reddy. 

1.Prakash Constrowell Ltd is a 1 rupee face value Construction & Engineering company.Prakash Constrowell Ltd split It stocks face value from 10 rupee to 1 rupee in 13/12/2012 , So as per my rule 2 years are over from face value split. 

2.Prakash Constrowell Ltd year high is 4.14 and year low is 0.53 , Stock traded @2.31 ,so this is a problem , because when year high/year low ratio is above 2 than I think stock is not stable and more downside will be remain. 

3.Promoters of Prakash Constrowell Ltd hold 64.13 % stake but they pledged his 24.81% , So this is a high debt company. 

4. Prakash Constrowell Ltd Sales are down from last year. 

5. Net selling per share in 2013-14 is 12 ( but if we count in ratio of currant 2 quarters then It is 4.77)

6. So overall I think stock of Prakash Constrowell Ltd is not bad if available below 2 and and one should start accumulating from this price but as my year high/low ratio formula warn that something is wrong in this stock, It is wise to wait and watch at-least 6 more months. 

7. I have no any share of Prakash Constrowell Ltd.

Ujaas Energy Limited: Avoid

Dear Mahesh Sir, Please advice me on UJJAS ENERGY. If it is fundamentally good then at what price we accumulate it and what is the target from long term perspective? ask by Pankaj Kumar 

1.Ujaas Energy Limited is a 1 rupee face value heavy equipment company. 

2. Year high of Ujaas Energy Limited is 42.10 and Year low 8.55 stock traded at 15.30 ,I think you not read my book yet because year high/year low of this stock is near 5 which is horrible for me, because this type of year high/low ratio show " Stock have a speculation steam for some time and now all of steam is gone." 

3. Promoters holding in Ujaas Energy Limited is 70.69 % which is good. 

4. Net selling and net profit of this stock also down more then 75 % this situation is dangerous and I think one should quit from this stock. 

5. Recent stock spilt and many bulk deals are other negative points for this stock. 

6. My view is negative for Ujaas Energy Limited and I have no any share of Ujaas Energy Limited.

6 Months Relaxation to obtain a registration as research analysts.

Respected Readers, 

In my earlier post I declared that I discontinue publishing of stock question and answers on this blog due to SEBI regulation on research analysts. 
but as demand of my most of followers I will plan to apply for a  registration as research analysts and
Some of followers also report that now SEBI  give 6 months relaxation to prsent research analysts, So this blog will start update again with answers of your stock questions.
Read my full comment on this issue here
http://www.maheshkaushik.com/2014/12/my-plan-to-become-registered-research.html
Regards
Mahesh Kaushik

NOTICE ABOUT CLOSER/MAJOR CHANGES IN MY BLOGS

Respected Readers

Due to "SECURITIES AND EXCHANGE BOARD OF INDIA (RESEARCH ANALYSTS)
REGULATIONS, 2014" Which come in effect from 1 December 2014, I am unable to post about any company stock fundamentals on Internet because I am not a registered stock research analysts.
Read these complete regulations here
http://www.sebi.gov.in/cms/sebi_data/commondocs/RESEARCHANALYSTS-regulations_p.pdf
So due to compliance of "SECURITIES AND EXCHANGE BOARD OF INDIA (RESEARCH ANALYSTS)
REGULATIONS, 2014" No any stock query reply will be publish on my sharegenius blog from 1 December 2014.
I am sorry but due to restrictions from regulatory authority of stock market (SEBI) from 01 December 2014 onwards all of my blogs will updated with only educational points for investor and no any company name and stock data will publish on all of my blogs from 01 December 2014
Regards
Yours
Mahesh Kaushik