Multibaggers Ideas

Discussion in 'Stock Picks Of Wizards' started by vinmech, Oct 28, 2016.

  1. KK Shah

    KK Shah Member

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    Result Update - Ceejay Finance

    Excellent Numbers released by CFL YoY. June has always been weak quarter. But CFL buck the trend by posting higher revenue and profit.

    Revenue up 35%
    Net Profit up 65%

    For FY 18 CFL can post Net Profit of 6 to 6.5 Cr giving EPS of 17 to 18 per Share.
     
  2. Hem T

    Hem T New Member

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    Why do you say buy these stocks? They are under bankruptcy code and proceedings are on. wont we loose money if assets are auctioned to pay lenders?
     
  3. vinmech

    vinmech New Member

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    Insolvency doesn't means bankruptcy always . Because of huge debt only these companies are available at throw away prices . Amtek and Monnet both are having quality assets for which will lure buyers . This story will slowly umwing in 4-6months.
     
  4. vinmech

    vinmech New Member

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    Upper Circuit started ......
     
  5. Shailendra72

    Shailendra72 New Member

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    Hi vinmech,
    U have been great ......any new idea for short term?
     
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