Hi all
It is well known that turnarounds present great capital gains opportunities, as do companies witnessing sharp growth in profitability.
Here are some possible turnaorund scrips, identified from diverse sources including TA, and some from 'smoke' (as in ... theres no smoke without fire)
Will welcome informed views/info which could confirm that these cos are indeed turning around ... and where possible... pl give insights into how their resp business models are improving to enable the turnaround.
And yes, I do have positions in some of these scrips, and thats the reason I am trying to get more info from informed sources , many of whom will be on this forum
- Madhya Desh Papers, (Icici code MADDES)
- Nirlon
- Nocil
- Nagarjuna Fertilisers
- Mangalam Timber
Also , will someone pl tell me why Teledata is priced at a PE of below 1.5 ? And what's its outlook ?
Finally , I welcome others to post their own turnaround reccos. Remember, some of them can easily outperform markets, hence will be good hedges during bearish markets (which can again descend upon us ... who knows)
Thanks
AGILENT
It is well known that turnarounds present great capital gains opportunities, as do companies witnessing sharp growth in profitability.
Here are some possible turnaorund scrips, identified from diverse sources including TA, and some from 'smoke' (as in ... theres no smoke without fire)
Will welcome informed views/info which could confirm that these cos are indeed turning around ... and where possible... pl give insights into how their resp business models are improving to enable the turnaround.
And yes, I do have positions in some of these scrips, and thats the reason I am trying to get more info from informed sources , many of whom will be on this forum
- Madhya Desh Papers, (Icici code MADDES)
- Nirlon
- Nocil
- Nagarjuna Fertilisers
- Mangalam Timber
Also , will someone pl tell me why Teledata is priced at a PE of below 1.5 ? And what's its outlook ?
Finally , I welcome others to post their own turnaround reccos. Remember, some of them can easily outperform markets, hence will be good hedges during bearish markets (which can again descend upon us ... who knows)
Thanks
AGILENT