Finding Multibaggers is some what like buying Lottery tickets here is an example
I Got an Recommandation for
MARG Ltd
1. Infrastructure play - Airports, sea port, SEZ, Townships...
2. Available at near Book value and PE of 7.5
3. Technically has rebounded after testing a strong support of Rs 150.
4. Hold for 2 years for multibagger returns.
Then I checked Balance sheet and Financial comparsion for this company it all wonderfull
Then I Deceided to buy this stock while in Pull back
I escaped by Luck:clap:
Yester Day It downed 7%
Today it down freeze!!!!
The recommandation gave a Target of Rs 1000/- in five years:clapping:
Today it down freezed at 114
Can any one can expect a 114 Priced share would become 10000% return?
My personal conclusion is Instead of Buying at 114(Bottom fish) Buy this share @ Rs 500/ and sell it @ 1000/-
Previously I Burn my Finger by Buying cranes software @ Rs 14 then it delisted from NSE Finally I can able to sell it @6.95