Indian Stocks: Company: SKM Egg

Wednesday, March 02, 2011

km said...: Dear Prahalad ,

I have bought 1500 shares at Rs.10.7 each/-. I found this article logically appealing and hence gambled it. Since I don't know the true potential of this company can you hint at an exit price with a 12 months view. Or does it have a multibagger potential over 3-4 years. Your views please...
Regards
Murali; March 06, 2011 5:07 PM
What'sUp Prahalad said...: Murali:

from these levels its a multibagger. but need patience of more than 1 year.. this stock is atleast 40-50 bucks worth so dont sell it for small change..

Belovo group has a 4.5% stake in SKM .. and looks like provided SKM with the plant/technology
http://www.bnlfood.com/

Even with a 50 paisa divident it will start returning you 5% tax free.. so I think its a great long term investment

=happy investing
whatsup-indianstockideas.blogspot.com; March 07, 2011 8:29 AM
km said...: Thanks Prahalad, for your views. Will give the stock 2-3 years and see the progress.

Thanks once again.
Regards
Murali; March 08, 2011 6:49 PM

Indian Stocks