porinju buys saksoft @ 190 cmp 250

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

 

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

 

cmp 296 up 30%

 

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

 

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

 

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

 

Very well said Check Saksoft here

 

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.

 

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.