sterling international enterprises ltd multibagger

Inshallah!

 

The sales pitch on mmb & RJ forum isn't helping the cause. I'm afraid lower circuits it is, no matter what the results are. I'd bet a 100 bucks it'll not be moved to XD.

If it's too good to be true, it probably is.

 

And I'll bet 100 bucks that Indigo will go down under before the new competition ie Air Asia and Vistara

 

Bro 30 crore profit news means continues upper circuits
I still think sterling intl is recession proof stock.
Waiting for results... will be out by 8 PM today

 

Stay away from 20% , FNO stocks........... Hide u r money in 5% circuit stocks

 

In the current market? And how many upper circuits? Do you think it'll be able to push the ₹100 crore MCap this time round on the back of profits from a recession proof (implying there's recessionary outlook) business?

I hope you don't go the way others have - just that we're on the opposite sides wrt Sterling Int'l.

 

sterling intl dec qtr profit 5.8 cr vs 1.8 cr (yoy)

 

friend your estimates were wrong(30-40 cr profit) .
but still co. performed handsomely. are you holding for long term.?

 

Yes for 2 years

Dec qtr EPS Rs 0.22.... 6 month EPS Rs 1.47 .... CMP just 3.07

 

can we expect 10-15 pe as it is a commodity business.?

 

Yes 10 times PE ...
I am expecting 2015-16 full year EPS would be 1.25 (sep) + 0.22 (dec) + 0.50(expected march) = 1.97

 

10 times PE means 1.97 * 10 = Rs 19.7 per sh is the fair value

 

I like your self conviction. So do you see UC's tomorrow onwards?

 

uc depends on global mkt & nifty situation ..
currently situation is bad

but i m sure sterling will rebound asap

 

Dec 2014 qtr profit was just 1.8 crore but share price was close to Rs 5 last year, now when sterling intl has reported 5.8 crore profit in dec 2015 qtr share price is just 2.8 .... some one is trying to create panic ?

 

Such stocks are very dangerous. Operators are there for manipulating such low volume stock. Hope you not lost big money. Better stick to good quality stocks and give up craze for multibaggers overnight.

 

Upper circuit

 

Good show. Hope you are in green. Only problem is such stocks are lc or uc. Volume is low.

 

Good news : Today BSE has moved Sterling international ent ltd from XT (t2t) to XD..
New yearly limit may be close to Rs 8.

 

Are you in green in stock or in red?