Porinju's New Pick: Orient Bell Ltd

He tweeted @ 130. Stock hits UC @ 20%.

 

Yes stock hits UC in just 15 minutes.But he never mentioned he bought it or it is attractive investment.may be he is helping some big players to exit their shares from orient bell
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Lets see whether he gives any clarity to this

 

ABSURD FAN FOLLOWING

 

Stock is holding firm today though I am not sure the fundamentals justify the valuations.

 

As long as its website looks good, doesn't matter the fundamentals!!! strange....

 

Oreint Bell...previously called as Orient Ceramics...
Its a larger player in Wall Decoration items and Flooring. Look at their business geological areas...its a quite old company in India. They have good customer base. Their products are also very much acknowledged and widely used. And more over when govt is planning of Smart Cities, this company has lot more potential to deliver in terms of Digital Floorings and many more such products.

I dunno about valuations, but i see this company as a good bet for investments for say atleast 2-3 years...lets see. Waiting to hear from company management.

I wont say this stock is need to be portfolio and well considering the kind of returns of blue chip (cheap) stocks, one can take a lil risk...Cheerzzzz

 

That's what he is good with, he tweets, gets UC and later people are stuck, the pied piper gives them entry but does not give them exit. Same was the case of FCEL, he tweeted when it was 18.50 zoomed to 20.50 same day and is back on 18.90.

 

It is a very dangerous game to play. The same admirers will attack porinju badly when stock flops.

 

FCEL surely outperform more.Ofcourse i hold since 11.35

 

Regardless of valuation and the fundamentals - what i have noticed on this scrip in 2015 .... if it came down in the range of 110 to 115 or even below, there is all possibility to hit 150 & + .....

 

I have just noted my observation only - it is not any technical views ... please
Kris

 

Guys dont buy blindly. I have made good money with porinju's stocks. He has recommended FCEL around 10 and seeing 1 time returns he might have spoken about his pick.
Whenever you are buying have your own conviction. Know where you are entering.

 

Yes.he some 5 days back raised some query on rollatainers survival backing great brands like wenkys,barista,maplin




But its already 20% down in 5 days

 

i am creating whatsapp group called porinju fans with only good technical discussions, anybody who is interested may msg me on 9819861049