Bought Prozone Intu last week. Please share your views

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by BKJ, Apr 2, 2017.

  1. BKJ

    BKJ New Member

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    Initiated my position in Prozone last week at 35. My rationale was as follows:

    1. Intu holding 25%+ stake. This alleviates corporate governance concerns, so endemic to Realty sector
    2. RJ ans RK holding reasonable position. I presume they must have done enough due diligence
    3. Went through their corporate presentation , looks promising
    4. Not much debt, something very uncommon in realty
    5. Selection of B and C cities as a strategy, these cities still have good pent up demand.

    I am hoping it will 50% or higher returns in next one year. Please share your views. I have not done any analysis on Management quality so far. Please share if you have any data.
     
    good stocks and Srouta Mukherjee like this.
  2. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

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    Prozone is very good stock. Radhakishan Damani has holding in stock. Management is also good. Ruby Mills is also good stock. Also Nesco is good stock from same space. :)
     
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  3. krish123

    krish123 Member

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    punit goenka is charing this company
     
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