Recommended at Rs 12 and currently at Rs 120.
Is this a genuine up move or are operators taking the stock higher?
Nobody knows although quarter results are very encouraging. I still HOLD although the rationale for holding is becoming more uncomfortable given that operators maybe making a run on the stock.
I honestly feel it is a genuine upmove. People bet on future expectations and predictability, which turns out to be convincing. Indeed, we feel it can be the next Avanti (not to its magnitude though). Even Avanti was said the same , while it was hovering around 200 levels. Holding from 40 levels. Feeling elated 🙂
When is your next recco coming up .?
Just for argument sake, even if operators have inflated the stock price, why should we worry when its fundamentals are extremely good. I would not care even if the stock price falls from now because there is very good potential for this stock to become a multibagger even from the Current Market Price.
Hi Arun,
I am sure you are the next Rajiv Khanna. You both seems to be from IIT madras. Just because people are urging you for next recommendations don’t post too many like others do. Please take your own time to pick the gem of the gem. Your stock picking skills are great. Keep it up man!. Happy to see you succeeding in your early age.
You are the only person who entered SKM and Avanti at the right time and the best price. Fedders Lloyd looks like you entered at the right time. Lets wait and see.
Oh. I am not from IIT Madras. I am from NIT Trichy!
Thanks a Lot. Until readers keep asking me interesting questions, my skills and expertise will improve.
Hi , As you mentioned from NIT, when did you finish your education? Now are you doing any service or full time investor? what is your primary activity?
Please take own time and research for really a gem like SKM, which will open up a wonderful avenue for small investors.
many thanks for your pick up skills,
best regards,
Thank you. I am currently doing my MBA from Purdue University
http://www.thehindubusinessline.com/markets/stock-markets/skm-egg-zooms-20-times-in-9-months/article6611918.ece
Please have a look at the above link.
Thank you for that. Stock had been hitting lower circuit for past 2 days. Was concerned. This article justifies my position
R u still worried bout skm?should we be worried?
No. It is obvious that operators are playing with the stock.Forget about them and look at the company`s longer term prospects.
http://www.thehindubusinessline.com/markets/stock-markets/skm-egg-zooms-20-times-in-9-months/article6611918.ece
http://firstbiz.firstpost.com/economy/rupee-may-headed-towards-70-ready-change-109486.html
If rupee reaches 70 then things are only going to get better for SKM
when will you post next mid cap gem. u r doing good job and past recommendation are good. hope next pick will be next avanti feed