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| From : Suresh Rao at 12:42 PM - Jul 09, 2011 ( ) |
Share it on FacebookDear Mudraa members,
I've an idea which I would like to share with you. I believe this may suit people who are working and also into stocks.
How about investing certain percentage of your monthly income (say 10%) on stocks for long term. I strongly believe for long term investments, we must pick stocks based on fundamentals of that company. We'll have to buy stocks that are under valued. It can be difficult for an office going person to sit and analyse every stock to pick the undervalued ones.
I think we must start a thread on mudraa. Those who ever have found stocks that are undervalued, they post about that stock in that thread. Whoever investing their money will have to analyse the recommended scrip prior investing.
Does that sound good?
We can always have discussions on why people recommend a stock and share all our opinion. Wouldn't that be supporting when we do it as a team?
If people are interested, I can start a thread and we can track undervalued stocks on a regular basis.
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Great! thanks Sunil. I wish that more people join this thread to post their views on my picks and share their picks as well
Thanks sir for including your study.... i will as well post my study on the stocks u mentioned
Sure will include fundaments I'm checking.
My next pick: K S Oils Limited
CMP: 21.60
Book to price value: 0.64 - looking cheaper than intrinsic value of a share
Debt/Equity - 0.30
No big difference in profit earnings than last year and have made decent profit.
18 percent divident issues on face value of Re.1
PE Ratio - 4.95 and EPS 4.42
ROE - 16.24 - shows good usage of capital
Overall looks cheap to me. One can start accumulating this stock for long term returns.
Suresh sir.. thanks for your stocks...
But, can you please also publish the fundamentals that you used to come to this conclusion... this will help us to learn as well decide very well.
My third pick - Provogue India limited
CMP- 36.80
Targets - 48, 62
Adding my second pick for long term investment.
Bharti Shipyard - CMP - 133.85 Targets - 185, 215
Any thoughts?
I post my first posting right away. Thanks for all your support.
Shipping Corporation of India Ltd - BSE code : 523598
CMP- 106.60 Potential to go up further
Also technically resistance at current levels. Good scrip to enter now. Your thoughts?
This year will give us ample oppurtunity to pick up good stocks at a discount. Very good idea.
It'll be really of help to people who are not able to give full time to stock market but have the apetite to invest in stock
best of luck
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