Categories

10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Please note

Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
.

Archives : Old artciles

Wednesday, March 31, 2010

Shirpur Gold Refinery Ltd(Agee Gold Refiners Ltd):Buy/sell/hold,growth prospects and recomendation,news and results,target and analysis,views&outlook

Scripscan:Shirpur Gold Refinery Ltd(Agee Gold Refiners Ltd)
cmp:180
Code:512289

Story:Shirpur Gold is a solid turnaround stock. Its gold refinery was un-operative since past 8-9 years due to financial problems, and Zee group took it over an year back from original promotors along with proper open offer, with obvious intention to start production.Now, management seem to have indicated that a working capital loan is sanctioned, and this has paved for likely production very soon.I believe this is the main trigger for recent breakout in the scrip.I have not seen the Kirti report, but the refinery capacity is huge i.e 217 Tonnes per year as per published data on capaital market. Such capacity production, at today`s prices can result in huge turnover, several thousand crore rupees. Further the gold stocks have zoomed all over the world.So Ageegold production is coinciding with all favourable accompanying factors.The scrip may or may not touch the astounding figures people are penning, but it is definitely a stock whose huge rerating is bound to happen due to huge gold production capacity.The only question here is - how soon the production will hit the market.The scrip is witnessing heavy accumulation from informed circles. This is attributed to the expectation that the production of gold in the refinery is about to commence in next few months after 8 years of work stoppage.Considering that the refinery can produce 217 Tonne of 99.99% gold in a year, the likely turnover on full capacity could exceed Rs 33000 crore. The company has tiny equity 0f 1.5 crore shares, bulk of them are with Zee group/FIIS. So this is case of Rerating and nothing else.Additional interest is due to uptrend in gold prices,leading to surge in gold stocks all over the world.Small investors must hold this scrip for phenomenal gains.

FriendlyVoice

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
 
x

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner