porinju buys saksoft @ 190 cmp 250

Discussion in 'Portfolios Of Famous Investors' started by w4wealth, Dec 23, 2016.

  1. w4wealth

    w4wealth Well-Known Member

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    saksoft is on a aquisition spree both locally and globaly.ur thoughts on buying saksoft friends
     
  2. MoneyWorks4ME

    MoneyWorks4ME Active Member

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    What I like about Saksoft is no significant pledging or reduction in promoter holdings
     
  3. w4wealth

    w4wealth Well-Known Member

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    cmp 296 up 30%
     
  4. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    In my view comparatively other software companies it is good performing stock,
    now it is at Rs. 300.65
    But
    Debt is little high comparatively other software companies
    In my calculation Fair value of this stock is at Rs. 150 , now it is double price of it's fair value i calculated in my way
    Note : i am not a SEBI registered Analyst , dont buy based on my calculation , before buy please do your home work and do according to your Risk Apatite
    ALL THE BEST
     
    Last edited: Dec 29, 2016
    jacobvacha and Srouta Mukherjee like this.
  5. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Huge gains are there from Saksoft. It has acquired another company for growth. Stock is really shooting up and hitting circuit because of Porinju interest in it :)
     
  6. w4wealth

    w4wealth Well-Known Member

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    as rama murthy sir said it may come down to fair value.
     
  7. MoneyWorks4ME

    MoneyWorks4ME Active Member

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    Very well said Check Saksoft here
     
  8. Farhan Ghumra

    Farhan Ghumra Active Member

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    I was holding it for a year. Sold recently at cost price. Numbers are not such great (I could be wrong though).

    In my opinion avoid IT sector due to Trump and automation threats. Niche IT products have great future. One of them is Intense Technologies Ltd. It has product named UniServe which is used by Reliance Jio.

    Sharing one forwarded research note. I am not invested though.

    [​IMG]



     
  9. ksr

    ksr New Member

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    Just to add. I have first source solutions for some time. long term investment. good short term too i believe.
    has been paying off debt in dollar terms consistently for the last one year. will be debt free this year. then dividend also possible. touched 50 and retracted. appreciate any comment.
     
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