Saturday, October 11, 2014

SKM EGG PRODUCTS :- UPDATE

DEAR FRIENDS,

  I am recommended    SKM EGG PRODUCTS on 6th September 2014 price of  27.50 just one month after stock trading at 42 (52% jump in month) who brought this shares hold tight and add more on decline it will be multibagger stock in future.

FOR OLD POST CLICK HERE

11 comments:

  1. Can I enter at the present levels sir

    ReplyDelete
    Replies
    1. If you long term investor then buy

      Delete
    2. Hello sir thanks for this wonderful recommendation.as per ur advice I had bought this stock at 45.65. I can wait for 1 to 2 years also what would be your recommendation at this stage. Thanks in anticipation for right guidance.

      Delete
  2. why are call it as a multibagger any surprise from this company

    ReplyDelete
    Replies
    1. Promoter buying shares from open market,and company have huge unlocked value.read blog skm egg you get answer why it called multibagger stock

      Delete
  3. Sir
    any debt restructuring happening in this company

    ReplyDelete
    Replies
    1. See balance sheet company debit comedown year on year

      Delete
  4. After reading the blog I dont understand why you call it as a multibagger

    ReplyDelete
  5. TURNAROUND
    Years 2010 to 2013, in line with the global economic slowdown, were disastrous for SKM Egg Products. The company had to take on more debt, saw a drop in net worth and had incurred combined losses to the tune of more than Rs 21 Crs (if the effect of deferred tax benefits are removed then this number would have gone up even more). The company`s revenues until then was hovering around Rs 130 Crs. 2012-13 saw a revival in the company`s fortunes with a near 100% capacity utilization, meager profits and a jump in revenues to Rs 200 Crs. 2013-14 has been a bumper year of sorts with revenues consolidating at Rs 235 Crs and PAT at Rs 6.7 Crs. The biggest reason for this improvement has been the improvement in the global economy, as is evident from this quarter`s US job growth numbers.

    ReplyDelete
  6. Great one! still holding. Any Diwali Bumper pick sir

    ReplyDelete