State Trading Corporation

Try to Buy from hereon at CMP of 1360, though it is locked in UC. Medium term target Five digits.

STC has already been in UC for 25+ continuous sessions...do u really think it is going to reach that level?

Any supportive reasons, pls.

Rgds.

Bonus / Merger with MMTC on the cards. Almost similar business model as that of MMTC which is trading at 57000(due to very very low floating stock, though in my opinion does not deserve such high valuation) with a market cap of 285000cr whereas STC has a market cap of just 4000cr. STC also has about 60% sales compared to MMTC which did 23205 cr for the year 06-07 while STC did 14312cr. STC also has low floating stock of about 9% with the Public. Some major restructuring in the company is anticipated so the high target quite possible.

My View only. Kindly take your own call.

Regards

jnj

jnj is right....STC ---> MMTC

it is going toward MMTC....


try your luck catch it if u can.........

Difficult to get entry. I am trying to buy more till 2000 levels.

How Can i buy it. Put market price before Market open?, or any other way???

Put a 5%+ rate (round off) from the previous close and try to put order exactly at 9:55 am, you could get lucky but still very difficult, more easier through a broker's terminal who has a direct line.

STC hitting lower circuit today. Hope, theories still remain good. Jnj, at what price, buying would be advised now.

Bought some today, will keep adding in small quantities at every LC. A High risk High Return stock, Kindly take a look at your own risk profile before buying this stock and then buy only that much quantity for which you can take that high risk.

Regards
jnj

HI jnj,

what should be the reason for STC INDIA downseal then??? any news of CAUGHT BY SEBI IN INSIDER TRADING....do you still think the stock will stick to your target of 5 figures inspite of this now...

please advise immediately