Hindalco ...

Sorry wanted to post this earlier when the results were announced. Seems the results are below expectation of the street hence he stock went down.

I too am out of Hindalco totally. Made some cool 200+% profit in holding it for 1.5 years.

Next question would be where did I move my money to ???

Well, I have bought the following shares.

1. My current favorite and accumulate on dips - Satyam. Eagerly waiting for July to come...;-)

2. Long term favorite and keep holding for 2 to 3 years one - Reliance Power and NHPC.

Due to some restrictions, was not able to utilise the same money for buying Quintegra. May be tomorrow or Monday's trade day I would be able to do that. Till than wait.

Accumulate on Dips....

Wow what a crash of the market over couple of days... from 5200+ to 4900+ and back

During these days I booked entire profit in JK Tyres (it has some steam left, as results are good so it can go further up ... may be 200 or 220) and MRF.

The proceed went to the following.

1. Satyam - I am firm believer come July 2010, when results are out, the stock is going to zoom, may be fetching around 100% return, I will book partial profit at that time and keep holding till I get multibagger kind of returns...

2. Fortis - The results are too good to miss this out, yesterday when market fell, it still went up showing the strength in the stock.

3. Microtech - It is kind of hidden from MF. Once it is noticed it will go up, a PE of 3.5 with book value of 243, stock is at a huge discount at 184 now. I am accumulating this too on dips.

Have opened some position on quintegra for short term play, may be max of couple of months.

Quintegra ....

I am going to again take some risk and plunge in to quintegra... quoting at 14.4 or something... it is pure speculative play... a quick move in and out in month... profit can be anywhere from -50% to 100%...

Recommended only to very very strong heart with apetite to loose some money if it does not work out...

The stock used to quote at 35 odd in hey days... it is at 14... i picked up some when it was in single digit and sold it around 14 earlier... since it has stabilized and I have some liquidity with me... would try my luck again and see if this gives some profit to a poor guy...

so long... happy investing/trading...

Some Reshuffling and Tips...

I booked some partial profits in JK Tyres (tips give when quoting at 80... now at 158), MRF (sorry no tips given on this :-)), and Gujarat NRE (tips given @37.. now quoting at 89... sure time to book profit in this one)...

so to sum it all I would recommend booking profit in JK Tyres, Gujarat NRE and yes Hindalco... book partial profit... may be take your principal out and keep the remaining shares as fokat (free)... enjoi....

now coming to the proceeds....

have moved it to fortis healthcare.... for a long term.... healthcare in India would be big time industry going forward so would be accumulating this on dips...

next one is odd man out... Micro Technologies... currently quoting at 206... it is in IT but exclusively on security side... its book value is 243... and EPS is 70... making its PE 3.x ... over 5 years it has grown 10 times from 25cr turnover to 250cr turnover ... this year would make probably 300cr... which would be good... only concern is promoter holding is 36% or so... while they have pledged some 1/3 of the stock.... reserves are in some hundreds of crores... I am not sure why they pledge their shares... still taking some risk for longer term...

BTW... did you check out quintegra.. it is now at 15... remember giving the trader tip at 10... cool 50% in a month... sorry I didnt put anything in the stock this time...

I would be watching out for HFCL .. with 3G auction nearing it is becoming too hot to handle... though I have some exposure in it... Only for very strong heart... it can go 40 or it can 5 or go out of business... currently quoting at 12... so do your own due dilegence...

Disclaimer: As usual... please do your own due diligence before investing in any shares mentioned above... and yes I do have position in almost all the shares mentioned above.... :-)...

Ups and Downs...

The past two weeks has seen some great seesaw. From highs of 5100 it went down to 4500 and then again we are now at 4800. 4500 gave a great opportunity to buy good stocks which would fetch handsome returns in future.

Suzlon energy got beaten down to 53. I bought some stocks on dips on two lots, at 54 and at 63.

Similarly reliance power got hammered, I bought some at 143. Wait till Dadri plant goes live in 2011 or 2012 it would go and reach 400. If you can keep it for for 5 years it will give multibagger kind of result. Compare it with Tata Power and you will understand what I am referring to.

I am again saying Satyam is a great story in making. Get it before the results are declared in Jul, there is still some time, but then you may not find it at 100Rs for long. It will catch with the big boys once the audited accounts are out. It recently got 300M deal, along with that its order book will continue to grow, it will not fall.

I booked profits in HOCL and partial profits in JK tyres. Moved the proceeds to suzlon, reliance power and satyam.

One trader stock which I would recommend for strong heart people is deccan gold. I have bought it at multiple price. They are in exploration and production of gold. With gold prices going up like anything, this thing will fly. The only stumbling block, which is huge one, is govt. It is taking long time to form mining policy and hence it is taking long time for deccan gold to start mining golds from couple of areas where they have found gold. Hopefully, this winter session the mining policy gets frozen. If that happens this would easily reach 50 to 60 Rs. It is currently quoting at 39Rs. Though this is a braveheart stock, I will put it in the list of stock tips portfolio. So, if you are ready to gamble a little, go ahead with deccan gold. If you are conservative in nature then please stay away from it.

Another trader stock is Quintegra Solution. Currently quoting at 8.95. I would wait till it goes to 6 before plunging in. It oscillates from 6 to 15 Rs range and can give quick returns in short span of time. Again this is extremely risky stock so depending on your appetite you can take your decision. I made some little money in this stock in 2 months time when I bought at 7 and sold around 14 some months ago.

Disclaimer: Please do your due diligence before buying any stock.