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Fabulous quarterly Results to be announced soon.
Hoping for a positive management interview too. :)...
Hold Its Gold
Posted by :
Ratan_koduru
and recently they announced that they are venturing into ship breaking as well. ambitious plans and hope they will do good...
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Hold Its Gold
Posted by : ppsiras
All small investors should hold this stock as this is a story of oil tea and infra
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ASSAM CO is longterm multibagger
Posted by :
bijulazeryea..good it could easily go to 33 37 range...
ASSAM CO is longterm multibagger
Posted by : The Fool.
This is surely a multi-bagger. But the management needs to give out the information in public.
They hold a AGM with 30 ppl and distributed the Minutes of Meeting which does not give any clue of the management insights. A simple news in some paper would have rocked this stock.
Probably they will give out some news in their quarterly results. But not giving information is bad for the stock. Even though fundamentals look great, with no inputs from management the stock remains a trading stock manipulated by operators.
Frankly speaking I love this stock with respect to its fundamentals. But if the management does not start managing their media presence in next 6-8 months. I would prefer trading this stock, rather than investing for the long term. :(...
assamco - uppercircuit raised to 20%
Posted by : vkay666
circuit raised to ~10% finally.
i am seriously hoping for some back to back upper circuits in the very short term.
The last rally in tea stocks came in september that means the 2nd quarter. The next major rally is expected at the end of this quarter i.e. late november to early decemeber this is the time that tea stocks tend to do well irrespective.
my target is a breach of 30.
it should however stabilize in late 20s though.
one thing i am very optimistic about is that this rise will fast and by fast i mean within days.
i suggest investing in a small amount as i hate it when people make an account just to curse someone who made a call which went wrong. :)...
NSE Announcements on Assam Company
Posted by :
MMB MessengerAssam Company Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Company held on September 30, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
assamco - uppercircuit raised to 20%
Posted by : rajan.duasVery true...Really appreciate the way you answered. I am oping this stock to go up as i am holding 1000 @ 22. Lets see...
assamco - uppercircuit raised to 20%
Posted by : vkay666
sorry it seems that the stock is still in t+2.
i checked it again today and yes it is still in t+2. it hit upper circuit today of 5%.
sorry if i might have mislead someone. i read it on bse website the day i posted and it was 20% but today its back to 5%
but i believe this stock is on the verge of a breakout and i will stand by my words. this stock is slowly getting popular and whether by manipulation or by sheer performance this script should rise to 25-30 levels very fast.
i have seen its movements and almost all major movements in this stock have been in december-january for the past several years.
All tea stocks should rally for the next 1-2 yrs due to the major shortage in supply all over the world.
and with the production of oil being raised to 3500 boe by the end of this fiscal year, an increment of more than 4 times the current amount. and this is not some shady insider leak, the ceo of the company Aditya Jajodia on live televison stated this.
and now with our markets inching towards new heights, i believe this stock should outperform in medium term of 4-5 months.
but now i ask you why would you think or rather what is your reasoning that i as an "idiot" am trying to cheat "innocent investors" ?
and dont these "innocent investors" have a mind of their own to check and verify any tip/data provided on the internet by some stranger.
This is the stock market, anyone trying to invest even a single rupee in the market must know of the risks involved and should be well prepared to make as well as lose money.
never invest until the tips/data provided by a stranger on the internet are verified.
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BSE Announcements on Assam Company
Posted by : MMB MessengerAssam Company Ltd has submitted to BSE a copy of the minutes of the Annual General Meeting (AGM) of the Company held on September 30, 2009....
assamco - uppercircuit raised to 20%
Posted by : tejbir1973
Hi,
Please donot fool other investor.This quarter results are very good and in line with expectation. Tea profit as compared to previous year increase by approx 30%. Only diff as compared to previous year is that in the previous year quarter company sold 13 cr of oil & gas whereas in this quarter they had sold only 3 cr as a reult net profit look similar to previous year.
By Jan/Mar 10 they are expecting gas plant will start and production will be approx 3500 - 4000 BOE. Once gas plant start operation, market will start discounting future revenue.I advise invester to be patient atleast till June 10. Happy investing...
assamco - uppercircuit raised to 20%
Posted by : yaroyes fire works ahead it will take the stock to single digit, you idiots dont cheat inocesant investors by giving foolish advice...
Assam Company - Future
Posted by : yaronot good to hold this stock any more, find ways better to exit,atleast you can gain from other shares at this moment in the raise. many ppl in the forum fool the ignorant investors who loose their hard earned money includes myself...
assamco - uppercircuit raised to 20%
Posted by : vkay666
only a matter of time now to reach new heights...
btw the result is due today...hoping for some rocking numbers......
Assam Company - Future
Posted by : svr2009I invested 9500 shares on advise of a friend @ 43 in Jan-2008. I was told that this Company has stuck huge oil reserves under its tea gardens. Should I buy now to average out the cost. Some well read person please advise....
