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Facor Alloys Ltd ?

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  #1  
Old 25th November 2007, 10:24 PM
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Default Facor Alloys Ltd ?

Please anyone tell me about Facor Alloys Ltd.
I bought 1000 at Rs 10.35.
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  #2  
Old 26th November 2007, 12:20 PM
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Default Re: Facor Alloys Ltd ?

i have the same quantity at a lesser price..
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Old 27th November 2007, 03:36 PM
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Default Re: Facor Alloys Ltd ?

This stock went up from 5.25 to 11.35 and is now consolodating at 8.80. It is sure to crose Rs.15 with the next quarter result. You have purchased it at a higher level
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Old 29th November 2007, 09:09 PM
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Default Re: Facor Alloys Ltd ?

I purchased 700 at 9.5 sure it is higher levels but the company looks promsising . It is one of those household companies in India . They even have a town ship in Tumsar . Prospects look bright for Facor , i wonder if we would even see a dip in this scrip now - if it dips a little I will definitely sell of my "negative counter" bharthi and accumulate on this one .

My view is you can try to reduce your CMP to as much low as possible as the company certinaly is doing good .One thing though i would ask the boarders is ... is the 110% growth sustainable as th company didnt perform well at all in the year before last . Please share your projections for the scrip
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Old 5th December 2007, 04:38 PM
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Default Re: Facor Alloys Ltd ?

Quote:
Originally Posted by thevishy View Post
I purchased 700 at 9.5 sure it is higher levels but the company looks promsising . It is one of those household companies in India . They even have a town ship in Tumsar . Prospects look bright for Facor , i wonder if we would even see a dip in this scrip now - if it dips a little I will definitely sell of my "negative counter" bharthi and accumulate on this one .

My view is you can try to reduce your CMP to as much low as possible as the company certinaly is doing good .One thing though i would ask the boarders is ... is the 110% growth sustainable as th company didnt perform well at all in the year before last . Please share your projections for the scrip

I purchased this script when it was 14/15 about 2 years back and since then it only went down now it has started making profits and i have realised 100% profit during the recent run and I expect the price to go upto Rs.20 atleast after the next quarter results so buy at ever down and accummulate
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