Friday, January 25, 2008

Good buys or good bye ?

Looking at Dec-end quarterly results some stocks are just screaming to be bought.

Sesa Goa - fantastic results and expansion plans for 2008-9 would play out well with iron ore prices expected to rise upto 40% in 2008.

Banco Products - great results and PE of less than 10 for an established and consistent dividend pater.

ITC - unlocking of some hidden value could happen soon. Hold on for a great 2008.

Prism Cement - good results and insurance JV in the pipeline.

Holding some cash at this point is still a good idea. More buying opportunities could present themselves. I would add the above stocks at every large decline.


Nilakanta Mallick said...

Bilpower is another good stock with good results!!!

Nilakanta Mallick said...
This comment has been removed by the author.