Ace Investor Porinju Veliyath's latest stock pick

SUNNY VELIYATH PORINJU buys 126459 shares of V2 Retail at Rs 39.54 per share on NSE on Jun 22.

Stock was closed nearly 10% up.

 

Before getting into this company people need to know why this company is selling at such a low valuation!!! The company is in public from 2007(if I m not wrong). The company owner raised debt and keep on expanding stores . the stock went from 10rs to 1000 rs in just a year or two. But after that the recession came ,company was not able to make more sales in one store . they were not able to pay interest . bank owners started running behind the owner. The owner then decided to sell this company . company stock fell from 1000 crore valuation to just 100 crores market cap . owner sold the debt company for just around 85 crores(if am not wrong). After selling that company for 85 crores and dividing it with his share holders he got a personal wealth around 10-15 crores. Again he started the same business v2 retail which is selling aroud rs.39 now . hope this time he don't take much risk and goes slow this time from the lesson he learnt .

Just a small story of this company for those who does not research much !!!!!

 

This stock earlier recommended by value-pick blogger @ Rs.12

 

Porinju Veliyath Has Found Some Money Left In His Bank Account?

 

May be found in back pocket

 

Lol

 

best avoidable, there is ONLY one grocery retail company which makes profit in India - D MART. Incidentally, owned by the stock wizard Radkhishan Damani! and is NOT listed yet.

 

Porinju Veliyath has bought 50000 shares of Sahyadri Industries on July 9 2015 @ 87 per share and market rumor is that on next day 10 july 2015 also he and his associates bought more shares around Rs 100 as a result the share price closed at 101 on 10 july.

 

Incidentally this is another pick of Aceinvestortrader ..https://aceinvestortrader.wordpress.com/2014/08/11/value-and-variety-retail-ltd-buy/
apart from valuepick which was mentioned earlier and now Porinju Jr.

 

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One can add at 95 now---Sahyadri Ind

 

yes and one should keep a closing SL of 85 and targets of 120-132..chances are it wont go below 91

 

Just see V2 Retail, Porinju Veliyath bought it at 40 just 1 month back and in 1 month it reached 62.... 55% profit in just 1 month..... so now its the turn of sahyadri... he bought it at 87 just 2 days back so we can easily expect target of 145+ in 1 month and atleast double (180) in 3 months because it has very strong fundamentals also.... so good fundamentals + strong investor buying this stock = double dhamaka.....

 

Porinju's success story is forcing me to note his holdings. How he changed his profession from a lawyer to a SEBI registrered portfolio manager ! unbeleivable performance

 

Is porinju the same person as value pick who runs his blog?

 

No idea about this but I will search. owners of some of the "hidden gems" and "valuepicks" blogs are hidden as well

 

The news of these stock picker comes little bit late after their pick... It would be great if it comes bit early ...

 

After doubling V2 Retail's price from 38 to 80, Sunny Porinju veliyath now bought 200000 ( 2 Lac) shares of ARCHIES Ltd. on 20 July 2015 at Rs 28.25. See BSE bulk deals. Now in 2 months Archies will get double . Target = 70 in 2 months. Today at present ARCHIES is at 28.75.......

 

Another stock which porinju bought just 1 week back is Sahyadri Industries . He bought 50000 shares of Sahyadri Industries at 89 rs per share. This share has now started running like a horse and it is at 106 now.... I think it will run non stop till 180 because Porinju's share target is minimum double in 2 months..... cheers guys.... and one more thing both Sahyadri and Archies have good fundamental background to support this huge target... Porinju never buys just on basis of taechnicals, he buys fundamental strong companies....

 

What a coverage for Porinju Veliyath. HERD Mentality @ Its BEST . Just for Investors Caution Pledging is very high. Fundamentals too doesn't look great. Check it out https://goo.gl/OzdR1X

 

BSE does not show anything about Archies on 20th july. In bulk deal section it says buy and sell 2.25 lakh shares. Same client bot and sold so net is ZERO