This weeks value pick

 

 

 

 

Rajesh Exports Ltd is the world's largest and the

lowest-cost manufacturer of global jewelry, coins

and other gold products.

•

The company has retail presence with 25 stores

spread across the country under the brand name

of "SHUBH Jewellers." The company plans to

open 300 retail stores in India over the next three

years, and has lined up a capex of Rs 3000-4000

crore

.

•

The company is in advanced talks with

Australian and South African firms to acquire

gold refineries and mines, and is likely to close

some deals over the next 3-4 months.

•

Last calendar year, the company took advantage

of the crash in real-estate prices, to acquire

prime properties and augment its land bank

over Rs1400cr.

•

The company will launch the "Gold Revolution"

across the country within the next twelve

months. With this, REL heralds the dawn of a

new era of transparency in gold purity, price

and weight to bring in ultimate transparency in

the gold jewellery trade.

•

Net sales and Net profit of the Company are

expected to grow at a CAGR of 36.35% & 51.94

% over FY09 to FY12E.

Performance Update

Here is my first performance update on my picks. I started posting my picks on 14th June and promised to do monthly updates. We still have 3 days to. If you would like to hold on to the scrips, move your stop loss to the buy price + 2.5% so that your brokerage and other charges are accounted for and you dont lose capital. You can also exit at current levels and enter other scrips that may come up. Overall gain of 10% in a month is not bad. We will see if this is sustainable.

 

BSE Code	Full name	Date/Time	Close	Current Price	Gain %
506414	DIL LTD	14-06-2010	280.55	289	3.01%
532853	ASAHI SONG	14-06-2010	58.95	67	13.66%
532876	Everonn Education Ltd	14-06-2010	438.2	507.95	15.92%

This Weeks Picks

I have reduced the frequency of my picks and will keep enhancing the quality of stocks I pick. I have changed the format a bit, with target price and stoploss figures so you have an idea of potential gains or loss. You must have disciplined money management skills and exit the price at the levels mentioned if the price falls. No one can predict movement of stock prices and it is very important that you minimise your losses. I have also added the link to annual results on rediff.com so you can do your own due deligence before investing in these companies. Please read the disclaimer.

 

Fundamentally Strong Scrip
BSE Code	532767
Name	Gayatri Projects Ltd.
Buy	415
Target	500
Stoploss	385
	Annual Results
High Gain on Volumes
BSE Code	523307
Name	Panasonic Home Appliances India Company Ltd
Buy	211
Target	250
Stoploss	180
	Annual Results
Punters Bet - Speculative
BSE Code	533008
Name	OCL Iron & Steel Ltd
Buy	60
Target	80
Stoploss	48
	Annual Results
Price Reversals
BSE Code	532886
Name	SEL Manufacturing Company Ltd.
Buy	55
Target	100
Stoploss	50
	Annual Results

Todays Picks

Its not that I have given up all of a sudden. Over the last few days the movement of the market did not make good sense to me to initiate a position in anything. Todays pick are good for the short term. Stop loss of 20% and hold period of 2 months.

 

BSE Code	Name	Trade	Date	Close
506235	Alembic Limited	Buy	01-07-2010	55.00
519494	NK Industries Ltd	Buy	01-07-2010	43.50
530011	Mangalore Chemicals and Fertilizers	Buy	01-07-2010	33.90

Brilliant Stock Picks for today

Here are todays stock picks. These will give provide you with great returns !!!!!

 

BSE Code	Full name	Date	Close
524280	KOPRAN LTD.	23-06-2010	37.6
506480	GULF OIL COR	23-06-2010	104.25
500279	MIRC ELECT	23-06-2010	18.6
531241	LINC PEN &PL	23-06-2010	85.55
508869	APOLLO HOSP.	23-06-2010	816.6
514474	FAIRDEAL FIL	23-06-2010	19.55
514116	GUPTA SYNTH.	23-06-2010	16.19

 

Ask me a question !!! How do I come up with picks everyday? Well thats what experience does to you !!!

Investing in stock markets is not like being in a Casino

Here are the picks for today. Hold them for at least a month for gains. Again, as mentioned in my previous posts, if it drops by 20% dispose them and wait for my next picks. You may or maynot trust my picks, but make sure you check my previous posts and check the status of these picks yourself. I will only post monthly updates. The first monthly performance post will be on 14th July 2010.

BSE Code	Full name	Date	Close Price
532374	Sterlite Technologies	22-06-2010	112.4
532180	Dhanalakshmi Bank Ltd	22-06-2010	173.25
511243	Cholamandalam DBS	22-06-2010	141.1

All negatives comments are welcome. My picks are meant to be good. Hence no issues if you dont mention that.