compuage info

i have purchased compuage info @ Rs:58 and in huge loss now. will it reach that level ? if so how long will it take ?

 

Hope you have some stocks in profit. Compuage pays dividend promoters holding is over 50 percent and price spurts once or twice a year. Wait for next upsurge sell and switch to one of the companies rama sir or others recommend. Follow the same policy for other loss making stocks. Patience pays

 

Few numbers in the book appear alright at first glance. I will check it tonite

 

Very risky bet. Although company is expecting 40% sales growth but is working on just 1.6% OPM and any contingent problem will result in negative profits in the books.

Rs 58 was not an expensive price you paid but stock has become even more cheaper.
This may reach your buy level but when? No body can tell.

I usually avoid such low OPM companies.