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Lok housing(Cmp is 338) Rain Commodities(Cmp is 170)

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  #1  
Old 22nd November 2006, 07:46 PM
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Thumbs up Lok housing(Cmp is 338) Rain Commodities(Cmp is 170)

Guys,

These two are two excellent stocks for long term. Lok will easily touch 2000 in 2 yrs. Their current EPS is Rs.50 for 6 months. From internal contact i know that they will post EPS for rs.100 for the current fiscal for sure

Rain commodities was earlier known as Priyadarshini cement who have a good presence in the Andhra market. They have made a turnaround in the last quarter after posting profits after long time as the cement realisations have gone up

Also keep an eye on OCL India( Orissa Cement) currently quoting at 180.

The final one is Elnet Tech which is a Software park developer in Mahabalipuram, Chennai. the CMP is rs.80. Target is 300 in a years time


Thanks and happy investing

Cheers,
Harsh
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  #2  
Old 23rd November 2006, 04:45 PM
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Default Re: Lok housing(Cmp is 338) Rain Commodities(Cmp is 170)

Quote:
Originally Posted by vicky_harsh View Post

Guys,

These two are two excellent stocks for long term. Lok will easily touch 2000 in 2 yrs. Their current EPS is Rs.50 for 6 months. From internal contact i know that they will post EPS for rs.100 for the current fiscal for sure
Can you please explain how such a huge optimism can be entertained? I mean to touch Rs.2000/-, the share price has to nearly go up by 700% from the current level. Therefore, can yu explain a little bit as to how the earning of the company is going to improve so dramatically? What is thier land bank? What are their on going projects? How close they are to the commercially important places? Can you explain it a bit?

[/quote]

Also keep an eye on OCL India( Orissa Cement) currently quoting at 180.

[/quote]

Again the question is the same. What is the news or rumour? Is it a news or rumour?

[/quote]

The final one is Elnet Tech which is a Software park developer in Mahabalipuram, Chennai. the CMP is rs.80. Target is 300 in a years time

[/quote]

Can you explain this puzzle also?
Thanks in advance
Munchikana
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  #3  
Old 23rd November 2006, 07:28 PM
rjs rjs is offline
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Thumbs down Re: Lok housing(Cmp is 338) Rain Commodities(Cmp is 170)

Lok Housing has a very poor management and has been giving poor peformance for many years..Moreover the management holds a private subsidiary where all the profits in the earlier years were diverted.
The current profits are just to fool investors.The management is planning to make a public offering may be an FCCB too.Thats the reason all of a sudden such huge profits have been reported.
Please dont get caught!!
The stock may go to 2000 or even 10000 but its important that a good investor always watches the true worth of a stock.
This stock was a penny stock and I give you my word it will be a penny stock once again in not so distant future.

Last edited by rjs; 23rd November 2006 at 07:41 PM.
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Old 23rd November 2006, 08:40 PM
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Default Re: Lok housing(Cmp is 338) Rain Commodities(Cmp is 170)

Quote:
Originally Posted by rjs View Post
Lok Housing has a very poor management and has been giving poor peformance for many years..Moreover the management holds a private subsidiary where all the profits in the earlier years were diverted.
The current profits are just to fool investors.The management is planning to make a public offering may be an FCCB too.Thats the reason all of a sudden such huge profits have been reported.
Please dont get caught!!
The stock may go to 2000 or even 10000 but its important that a good investor always watches the true worth of a stock.
This stock was a penny stock and I give you my word it will be a penny stock once again in not so distant future.
If my source of information is correct, management has recently got its share of fair booty by getting themselves a preferential allotment of shares @ Rs. 40/- per share. I am glad that you are vigilent.
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Old 3rd January 2007, 08:07 PM
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Default Re: Lok housing(Cmp is 338) Rain Commodities(Cmp is 170)

Elnet is at Rs.110 now. It had touched 125 last week.

Buy NESCO Ltd at around Rs.1700 for a year. it will touch 3000 in an years time

Also keep an eye on Subex Systems. Current price is Rs.650
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