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manishbg  [ Belongs to: New Circle ]

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about manishbg  
Joined on: 18th Oct 2007
Posted 3 messages to date
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MargEvinix

Last Visited by: revathisrinivas,
 
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Long Term Play

Evinix

Posted by : manishbg

Date :10th Nov, 2009 - 17:17

BSE: Rs 3.40 ( 1.80 % ), NSE: Rs. 3.35 ( 0.00 % )
Evinix is a long term play. The stock is available at less than half the book value. And is a profit making company. Moreover, its margins are much better than its peers - irrespective of whether you compare it with larger players such as Arvind or smaller players such as Krishna Lifestyle. According to me this stock can be a multibagger (5x to 10x) in 3 to 5 years. Armed with this information boarders can decide what they want to do. But this is definitely not a stock for short term players....

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1500

Marg

Posted by : manishbg

Date :21st Oct, 2009 - 21:41

BSE: Rs 206.50 ( 2.97 % )
Completely agree with trulyfair. I started accumulating this stock at 39 levels and then bought again at 50 and then again at 85. Just did not feel like stop buying this stock. I even recommended it to all the people I knew, but no one, not even a single person bought it. Today I am laughing all the way to the bank and these people just watch me with envy / jealousy. Feels great. Love Marg....

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1500

Marg

Posted by : manishbg

Date :20th Oct, 2009 - 23:51

BSE: Rs 200.55 ( 4.78 % )
Rs.1,500 seems far fetched for now. It definitely is under valued and has a lot of potential. It may reach 450 to 500 in the short to mid-term. Over the longer term, may be 3 years hence forth, once the Karaikal Port is fully operation and its SEZ in Chennai is up and running it may flirt with and even surpass Rs.1,000....

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