Monday, 6 July 2015

UPDATE: NGL FINE-CHEM LTD

NGL FINE-CHEM LTD
 
NGL Fine-Chem Ltd. posted on the blog at 71 on 20th November 2014.
 
The stock has rallied to 200+ today and is locked in the upper circuit on BSE, up 182% in around 7 months.
In my blog post i had written about expecting the stock to hit Rs 200 in the mid/long-term and NGL has met my expectations really well by reaching 200 in just around 7 months.
 
At current p/e of only 15, I think NGL still has upside potential left but now i guess it's the right time to book partial profits/book invested capital in NGL and hold only the free shares for long-term!
 

45 comments:

  1. wonderful call sir, why is there no update from you on mmb about ngl?

    ReplyDelete
    Replies
    1. I will not post a single update on MMB for the simple reason that they don't protect their users against hackers. I have already let the moderators know about it on mmb and now blog is the only platform which I will use to interact, update and share!

      Delete
  2. We are with you Dear Ace..

    ReplyDelete
  3. Hello prem sir,

    What's your views about polyplex and era infra for long term??

    Thanks

    ReplyDelete
  4. Hi Ace investor
    Can you give your opinion on Mic electronics. It rallied 100% in 25 days. Current market price is 26. please suggest.

    ReplyDelete
    Replies
    1. To be honest, I missed it.
      I think I was asked about MIC in the past and i said lets wait for a turnaround actually, But now it is 5 to 26.. can't make a comment here now!

      Delete
  5. Sir, profited a lot from your call on NGL. What's your views on Vidhi dyestuffs ?. There is a lot of hype about it.

    ReplyDelete
  6. Dear Ace sir,

    Since am a newbie, not sure they are cheating me or not! . Following is my doubt.

    I have "Lancor holding 100 share" on 01/06/2015 at average price of 86.40. This corporate announce bonus 1:1 Ex-date 24/06/2015 and record date 25/06/2015.

    I brought another 100 share on 24/06/2015 @44.58 so total my holding is 200, But am clearly know i am only eligible for 100 share , i don' have any doubt on this.

    So my issue is the average price malfunction - The present average price is not convenience me it is 65.49

    The calculation Geogit did in this way? 86.40 + 44.58 = 130.98/2 = 65.49

    As i know the average price come to around 44 on bonus date , so am looking for a average price of 44 instead of 65.

    As soon as bonus issued the price came down to half but my holding price not averaged by geogit.


    Ace, please make understand me am i wrong or geogit is wrong? since you have a great experience on share market.

    ReplyDelete
    Replies
    1. I didn't understand your question and it will be best to post this question to Geojit by E-mail or ask them on the call. Not sure if they have any such customer care service.

      Delete
    2. Dear Muremookkan, just ignore the avg price calc of Geojit, its nothing to do with ur purchase price & holding. Simply apply ur own calc while making a trade. I am also having 1 acct with Geojit.

      Delete
    3. Thanks friends, it got resolved, it was a geogit technical issue..

      Delete
  7. Have bought Vidhi, Parnax and Richa Ind when they were down as I trust your judgement and had conviction in them. All are rocking now. Long way to go still though. Thanks. Would also like to know the long term prospects of Era infra and Galaxy entertainment.

    ReplyDelete
  8. Hi, ur view on PFRL?

    ReplyDelete
    Replies
    1. TO be the sector leader, Now a Birla company.... Good for long-term investments :)

      Delete
  9. Sir, ur view on Orchid chemicals?

    ReplyDelete
  10. Hi The Ace,
    Could you please give your views on Triton Valves,
    Regards

    ReplyDelete
  11. Hi, Just came to know about NGL. My bad. I invested some of my capital at Rs. 200 today. can you please clarify the PE ratio factor?. You mentioned that current P/E is 15. What is the expectation? At what P/E ratio, I should sell the stock? Please advise. And can you please tell me how to do analysis using P/E ration?

    ReplyDelete
    Replies
    1. I don't think it is wise to enter after almost 200% appreciation, Entry at this level is not something which i would approve of.

      Delete
  12. Sir, ur view on AIMCO PESTISIDE ?

    ReplyDelete
  13. Please share your comments on uv board Ltd.

    ReplyDelete
    Replies
    1. Not tracking it, if theres something really interesting about UV boards do share with us :)

      Delete
  14. Yes it looks interesting. It's a uniply industries industries group company. Recently uniply has sold out by promotors and the share price increases by 600% in 3 month. It seems the same story is going to happend with UV Board.

    ReplyDelete
  15. Sir, Thanks for wonderful pick like Palred.
    This is regarding Axiscades. Promoters' stake has reduced from 71.12 to 59.12 in Mar 15.
    Would be great if we can have your views on this.

    - Ambuj

    ReplyDelete
    Replies
    1. I don't think it is something to be really worried about because the promoter holding is quite strong at 59.12%.

      Delete
  16. Hi sir below are my holdings ...really in need of your comment

    Aimco buy at @ 74
    Hind tin buy @ 95
    Nectar life buy @ 39
    Ucal fuel system buy @141
    Il&fs eng buy @105

    ReplyDelete
  17. SIR ANY NEW SCRIP 4 SHORT TO MEDIUM TERM

    ReplyDelete
  18. Sir .. Palred promoters have recently sold some of their stake in the company Does it raise any flag here?
    Also i strongly recommend you to have a look at Arrow Coated Products as well.

    ReplyDelete
    Replies
    1. Mr reddys daughter sold if i am not wrong and no red flags as it was not a huge chunk tendered.

      Delete
  19. Ace sir your view about Esl, Fcel and pioneer embroidery all three stocks I am holding.

    ReplyDelete
  20. Sir today I saw ur comments in value pick blog.
    Very great .truley u don't have any ego.
    Sir pls describe value pick blog in a sentence

    ReplyDelete
  21. Dear Sir

    MIC electronics has moved to 29.2 now for the last 3 days it has moved southwards. Any bad news i am holding 8000 shares@ 14.5/- can i hold or exit. pls advice.

    Thanks

    Amudhan

    ReplyDelete
  22. Please share your view on RSWM

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  23. Please share your views on sterlitr technologies

    ReplyDelete