Share Success

yasirsait · #11 26th July 2007, 04:49 AM

Default Re: Divislab
Hi All,

Divislab is trending towards the 15 day moving average. It could move towards 7500 going forward.

Success,
Yasir

yasirsait · #12 26th July 2007, 04:50 AM

Lightbulb Valecha Engineering
Valecha Engineering CMP 311 – Buy

Dear friends,

I will post an update on the fundamentals once the quarterly results are out.

I had given a buy call on Valecha end june.

Since then the stock has moved up and consolidated.

It is ready now for a further upmove.

Momentum buy now for target of 325.

Positional buy part quantity at cmp and wait for close above 325. Add on a close above 325 for a target of 355.

Long term target 450.

Success,
Yasir

yasirsait · #13 26th July 2007, 04:51 AM

Asian Oilfield Services
The short term correction for Asian Oilfield Services continues.
There was an immediate support of 104 which was taken out today however this lower movement was on the back of lower volumes - a sign that the stock is consolidating.
The next support is at 100.
Investors can add on dips.
Momentum traders, do not enter the stock just yet. Wait for the stock to find support and start moving up. We can then enter as it trends upwards and ride the trend.

Peace,
Yasir
Edit/Delete Message

yasirsait · #14 26th July 2007, 04:52 AM

XL Telecom
Dear Friends,

Since year ending June 2002 until the present, the total income has grown more than 10 times and so has the net profit.

The company seems to follow a June year ending as the annual results for the past 5 years published on moneycontrol are year ending June.

Over the past 3 years, the sales and profit have grown in excess of 35% per annum.
The results for the quarter ending june 2007 have not been published yet.

I have the results for the previous 3 quarters. The total income comes to 386.58. Annualizing this, we get 515.44. Compared to total income of the previous year which was 410. 84, this comes to 25.46%
The net profit for the previous 3 quarters comes to 15.53. Annualizing this, we get 20.71 crores. Compared to net profit of previous year which was 10.67, this comes to a growth of 94.06%.

A look at the quarterly figures shows us that there has been consistent growth even quarter on quarter.
Hence the above annualizing of the total income and net profit can be considered a conservative estimate.

This means that we are potentially looking at an increase of 100% year on year.

I believe this stock XL Telecom also has the capacity to return more than double your investment.

Technically, the stock is in a short term down trend and should find support at 118. If it falls further, then it is a golden opportunity to buy low.

At this point, I would only recommend an investment with a long term point of view. Buy not more than half of the quantity you wish to hold.

On the upside, crucial levels are 132 and 144. A close above 132 is positive and you can add to the stock then. On a close above 132, the short term target would be 144. A close above 144 gives us targets of 156 and 216.

Fundamentally also, as discussed above, the stock has the potential to more than double from current levels. A target in excess of its all time high of 216 is achievable in the long term

Success,
Yasir

yasirsait · #15 26th July 2007, 04:53 AM

XL Telecom
XL Telecom has taken support around the 50 day moving average and has moved up since then. Yesterday, July 24th saw a bullish engulfing bar being formed and today the price has taken a cue from yesterday's price action and moved further up.
Today's closing is at the earlier mentioned level of 132. Tomorow if the stocks trades above 132, a short term position can be taken for the target of 139 / 144. Trade with a stop loss of 125.

Success,
Yasir

mangalorebull · #16 26th July 2007, 06:52 AM

Dear Yasir
Your opinion on South Asia Petro and Adhunik Metallik please
(SAPET)
regards
mb

Thakkar · #17 26th July 2007, 09:14 AM

tracking this thread for a while now. very interesting.. keep up the good work.

yasirsait · #18 26th July 2007, 06:07 PM

Asian Oilfield Services

--------------------------------------------------------------------------------

Quote:
Originally Posted by yasirsait
Dear abi,

What you are looking for is also know as a momentum trade. Asian Oilfield is not ripe for a move right now. It could even move around 85 in order to cover the gaps formed earlier.

I would suggest you consider the following:
XL Telecom - Buy aournd 130 target 140 / 155.
Stelco Strips - Buy between 36 - 37 target 43.
Ruby Mills - Buy around 910 target 990 / 1100.

Success,
Yasir

Not only the above 3 stocks but Asian Oilfield also spurted today.
It seems Asian Oilfield has taken support at 102 and moved up.

A buy for long term could be initiated at current levels with stop loss around 100. However, I would be comfortable taking a short term momentum position only above 120.

For the other stocks, above mentioned targets are on. Hold.

Peace,
Yasir

yasirsait · #19 26th July 2007, 06:09 PM

Quote:

Originally Posted by Thakkar

tracking this thread for a while now. very interesting.. keep up the good work.

Thank you Thakkar saab,

Your encouragement means more to me than you think.

Peace,
Yasir

Thakkar · #20 27th July 2007, 09:37 AM

Yesterday XL hit the traget . Good Work.

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