i had just started in 2013/2014 and my picks seemed really good… :
- Kitex Garments – bought in range of 300 – 500 and it went upto 1050 with in a year… and with no time it start falling off and it gave bonus shares and now trading at 200-250 range … i still think its going to make it big with their expansion… but what i missed was why i didnt sell it when price reached 1000…
i only took my partial investment at 800’rs - Spicejet – similar case bought at 15-20’s was still buyer till 50… and it reached 150… and i thought its going really good… again same case… falling off the cliff … when it reaches from 150 to 100 to 80… dont want to sell …thinking of long term aviation story… now trades at 40’s… i had done my analysis on all oil n stuff…
theres no change in both the above ideas… Kitex is expanding huge… in telangana , they had real trouble in Kerala … but its just that it took loong time to move out of kerala…
spicejet – is still the same idea… expanding aviation business… only oil is spoiler… but hoping it recovers well…
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