Forum Replies Created
January 20, 2022 at 11:27 am in reply to: Vikas LifeCare Ltd (FMCG & Retail/Plastic/PetroChemicals/Trading Sector) #13086
Vikas LifeCare at 150% high from the time of recommendation. If one wants to play safe, Book half which would be the capital, and the rest leave it for a minimum 3 years’ time.
With a growth in Net Sales of 58.16%, the company declared Very Positive results in Dec 21. The company has declared positive results for the last 4 consecutive quarters. PAT(HY) At Rs 5.44 cr has Grown at 1,331.58. NET SALES(Q) Highest at Rs 106.74 cr. EPS(Q) Highest at Rs 0.032+
Vikas EcoTech at 150% high from the time of recommendation. If one wants to play safe, Book half which would be the capital, and the rest leave it for a minimum 3 years’ time.
The quarterly results from Markets Mojo:
1. With a growth in Net Profit of 427.69%, the company declared Outstanding results in Dec 21
2. High Management Efficiency with a high ROCE of 17.33%
3. Rising Promoter Confidence. Promoters have increased their stake in the company by 6.18% over the previous quarter and currently hold 15.6% of the company
Dear All: One of the reason which is very valid for the 2nd Bonus issuance
This is from CI Sir and according to him “Needs average daily turnover of 1.1M shares over 12 months for NASDAQ listing. All other requirements are met. Bonus issuance will increase turnover. Expect listing news to hit the headline in 2022 and listing later.”
For the first quarter ended June 2021, the EPS is (-0.14) which is way lesser than the previous quarter of (-0.39). Slight debt reduction by way of sale of non-core assets. Manufacturing Pipes. Some Positives.
@drpram, I feel you should have subscribed to the rights issue as the average would have come down a lot. As you say you have substantial quantity at 4, I feel as soon as it comes to nearing 3, you should book 25% and then wait. If it comes down again, buy. Keep repeating till the price comes to 4. If by chance, you get to do this twice or thrice, your average will come down. As you have waited so long, give this stock another 3 or 4 quarters. I am sure the price would reach your buy level.
Most of the negatives are a thing of the past. From now on, I feel there would be only positives. The chemical sector would grow in the the future including this stock but this stock would take time to to give multi-fold returns. If you feel a lot of money is stuck and could be utilized to invest in other stocks, you can do so, but if you want to bet on this stock, wait for a year or 2 and it would go past your price of 4.
I find the Garg Family enterprising because of which I invested in both Vikas LifeCare and Vikas EcoTech. Please note, my investments are manageable and not heavy and at the current price. Please take calculated decisions. If your buy price was at 8, it would have been different. Your buy price of 4 is very near. Do not worry much. Be a swing trader in this stock till it reaches your price.
Dear Friends: I am betting on the Garg Family via their businesses of Vikas LifeCare Limited (formerly Vikas MultiCorp) and Vikas Ecotech Limited. I expect these stocks would also give multifold returns in the foreseeable future. Business Acumen of the Family and the Sunrise Sectors they are in is what is making me feel the stocks to be potential multibaggers. I am in it for these reasons. Also, the stocks are currently at 3 and 2 rupees respectively (less to lose but much to gain).
Hope to find all of my friends on this forum in Good Health. Cheers!!! Many a stock on a regular basis keep jumping up in value by almost 100%, sometimes 5 to 10 times on trivial issues…. That they have come down too is another matter…. My point is when most of us believe that BCG has many good parameters and target it at much higher value, the stock should appreciate level by level finally reaching the Milestone… BCG should have been at minimum 15 now that some of the issues have been solved. More issues solved, should touch 25…. and carry on…. I am not able to digest the fact that it is still hovering at 8 on average even after issues being solved…. Being stuck endlessly for months together doesn’t augur well for the stock or the Investor. What is the next trigger that BCG is waiting for? A minimum 50%/100% appreciation from the current price, am I greedy asking for this for so much time passage? Is that BCG would run the marathon at breakneck speed reaching Milestone after Milestone in no time?? Many questions are difficult to answer for ordinary people. Only the Captain and the Operators know what is in store. It is very frustrating seeing your investment sitting Idle eating Peanuts!!!!
BCG has become “One of the Most Difficult Conundrum Even for the Experts.” Reasons are many that the price is kept ‘in and around’ the 7.8 level. Only a seasoned Expert apart from the Management would understand this Conundrum. Everybody else needs to have an “Extra Borrowed Ounce” of patience before BCG could jump to the next level and tease the impatient to sell their shares after which the final “Let Loose” could happen with the assistance of the overall macro environment. One has invested in a Healthy Running Company should be Biggest Solace and one has to the live with that up until each expectation is met.
A sincere request to People from BCG Management if any in this Discussion Group: Enough is Enough with the manipulation if any. Many investors have believed in the company and have invested their hard earned monies.. They are waiting with bated breath for their investment in BCG to appreciate having missed many opportunities the market had provided all these years… Sincerely request the Management to solve all pending issues as soon as possible enabling BCG a positive free run in it’s price.
Dear All: Much awaited PW approved! Cheers! BCG Members Samastah Sukhino Bhavantu! Members have waited with bated breath for this to happen and in the coming days their fruits of patience will materialize with significant appreciation of price after a few more issues get resolved. At this point, I would like respected knowledgeable members to discuss and help their friends with the price targets. There would be a tendency for people to sell early and regret later with appreciation of price. No doubt anyone can sell at any point, but with knowledge gained through discussion, there can be an educated sell which can make or break people’s lives. Hope to have a good discussion on “Price Targets.” Thank You.6+