Great Eastern Shipping Company

Buy for target of 315 within week

Posted by : PK675
Price when posted : BSE: Rs 280.50 ( 0.50 % ), NSE: Rs. 280.70 ( 0.57 % )

Dear SCSHARMA0,

I could not access net for last whole week.
Hold GE Shipping very good medium term returns.It is one best stock i am reccomending right now. 315 is short term but you can look beyond for 400 in medium term....

should reach 400 levels in two

Posted by : sarah30303
Price when posted : BSE: Rs 280.50 ( 0.50 % ), NSE: Rs. 280.70 ( 0.57 % )

I am holding some shares and will exit when it reaches Rs 290+...

should reach 400 levels in two

Posted by : warrenmunger
Price when posted : BSE: Rs 282.05 ( -2.46 % ), NSE: Rs. 280.95 ( -2.84 % )

The NAV of GE is Rs300, but if you remove inter corp investments its more like Rs230. People dont look at shipping on qtr to qtr basis, they r looking ahead at possible IPO or QIP of offshore div....

GE Shipping

Posted by : sarah30303
Price when posted : BSE: Rs 280.50 ( -2.99 % ), NSE: Rs. 280.50 ( -2.99 % )

GE Shipping - can exit from this stock at price 290+ and book your profits. ...

Buy for target of 315 within week

Posted by : scsharma0
Price when posted : BSE: Rs 285.50 ( 0.65 % ), NSE: Rs. 285.45 ( 0.71 % )

Dear PK675
I have already bought 200 shares @267/- on reading your indepth analysis.I have also bought Uflex,SEL Manu,CranesSW,MM Finance.Because of your LakshmiEnergy analysis I read your messages,analyse myself and then decision.Pl guide about my approach os I am very new to share market. ...

Buy for target of 315 within week

Posted by : PK675
Price when posted : BSE: Rs 283.65 ( 4.88 % ), NSE: Rs. 283.45 ( 4.73 % )

Dear friends,

Baltic index is showing 14 months high. The buisiness of shipping companies depends largely on trade in baltic countries. Buy GE shiping for short term as well as medium term gains.
Although its Q2 result shown profits down, It is very cheap at this level.


...

Heading

Posted by : sd3
Price when posted : BSE: Rs 285.40 ( 5.53 % ), NSE: Rs. 285.50 ( 5.49 % )

Anything below 4 PE is good for GE shipping .
Its ones of the safest stock in the market.

sd3.....

Heading

Posted by : kamleshjoshi
Price when posted : BSE: Rs 270.45 ( 1.39 % ), NSE: Rs. 270.65 ( 1.41 % )

Thanks subasu! I have hold my remaining shares as per your advice. Will you please comment on Bharti shipyard or other good long term shares?...

Buy GE Shipping

Posted by : insight95in
Price when posted : BSE: Rs 270.00 ( 1.22 % ), NSE: Rs. 270.20 ( 1.24 % )

• GE Shipping Nov. Future (Rs. 267)

Buy only on a move above 270 with a stop loss below 265 for an intra-day target of 277.
...

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Posted by : subasu
Price when posted : BSE: Rs 257.15 ( -1.72 % ), NSE: Rs. 257.30 ( -1.51 % )

GE Shipping is a share to be added at dips. Targets Rs. 275 and Rs. 295+.
Balkan Dry Index is up. Considered good for shipping shares....

Heading

Posted by : kamleshjoshi
Price when posted : BSE: Rs 257.25 ( -1.68 % ), NSE: Rs. 257.30 ( -1.51 % )

I sold 50 shares at 255 but after that again it started gaining. I will do as you did for remaining 150 shares. ...

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Posted by : sarah30303
Price when posted : BSE: Rs 256.50 ( -1.97 % ), NSE: Rs. 256.55 ( -1.80 % )

I have sold 25 shares at 257, 50 shares at 259 and 25 shares at 264 yesterday & today....

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Posted by : kamleshjoshi
Price when posted : BSE: Rs 257.80 ( -1.47 % ), NSE: Rs. 257.65 ( -1.38 % )

Thanks. Can you advise what should be the exit target as price is decreasing today. ...

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Posted by : sarah30303
Price when posted : BSE: Rs 259.00 ( -1.01 % ), NSE: Rs. 258.60 ( -1.01 % )

I too am holding these shares and when it becomes 270 I shall sell and when it goes that low I shall buy....

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Posted by : kamleshjoshi
Price when posted : BSE: Rs 256.90 ( 3.69 % ), NSE: Rs. 257.80 ( 4.44 % )

I waited for 215 but it is gaining and going towards 270...