VikasWsp
- Thread starter birjubanarasi
- Start date
Hi,
My personal opinion about this company is that it is good company(company wise not from share market perspective), have good future plans and management has started executing the plans and expanding the business.
2008 is going to be crucial year for VikasWSP.
In the stock market, this companies past is the biggest enemy(though sebi has cleared VikasWSP from all the charges). Second enemy, i feel are operators(otherwise current price should have been 75+, at least).
After re-listing, this stock has shown huge resistance, initially around 44-45 and now it is showing good resistance around 50.
This stock has also been moved fromm Z-category to B1-Category. This may give the investors good confidence.
Hope this helps.
PS: I'm invested in this stock with LT perspective of 1.5-2 yrs at least.
My personal opinion about this company is that it is good company(company wise not from share market perspective), have good future plans and management has started executing the plans and expanding the business.
2008 is going to be crucial year for VikasWSP.
In the stock market, this companies past is the biggest enemy(though sebi has cleared VikasWSP from all the charges). Second enemy, i feel are operators(otherwise current price should have been 75+, at least).
After re-listing, this stock has shown huge resistance, initially around 44-45 and now it is showing good resistance around 50.
This stock has also been moved fromm Z-category to B1-Category. This may give the investors good confidence.
Hope this helps.
PS: I'm invested in this stock with LT perspective of 1.5-2 yrs at least.
birju-ji,
what u expect from wsp---history may repeat again or not--in jan 1999 it was 150/- (10paidup) reached 1500 in jan 2000 /sensex was 5000/ result
was somewhat similer np 72 cr/ sales 232cr/ res was 158 cr / now res is
315 cr agst 10.97 equity / new expansion plans on card/ how much u expect from wsp in this year--2008
what u expect from wsp---history may repeat again or not--in jan 1999 it was 150/- (10paidup) reached 1500 in jan 2000 /sensex was 5000/ result
was somewhat similer np 72 cr/ sales 232cr/ res was 158 cr / now res is
315 cr agst 10.97 equity / new expansion plans on card/ how much u expect from wsp in this year--2008
Rani,
I know about the broader history of VikasWSP and its sky-kissing prices in 2000.
This time however, i won't expect it to give me that type of return(10 times or so)...as that was all operator driven. That all hype and wrong informations led to its bad fame causing many of the investors to suffer very badly.
In current day scenario, i would easily expect a target of 220-250 in couple of years. This is what i'm expecting least...anything more than that will be a pleasure
Rgds,
Birju
I know about the broader history of VikasWSP and its sky-kissing prices in 2000.
This time however, i won't expect it to give me that type of return(10 times or so)...as that was all operator driven. That all hype and wrong informations led to its bad fame causing many of the investors to suffer very badly.
In current day scenario, i would easily expect a target of 220-250 in couple of years. This is what i'm expecting least...anything more than that will be a pleasure
Rgds,
Birju