Early this August, Forbes reported RJ’s net worth greater that ₹ 15000 Cr. Ok. So they can do any business. And he is having a big list in his portfolio. some of them likes Aurobido, crisil, MCX, Lupin, titan or delta corp are looking good one , but he is also holding many laggards like Sterling Holiday, Prozone ,Viceroy, McNally, etc some of them are not even trading in the market. And the viceroy hotel , McNally Bharat Engineering etc is having huge Debt burden.
In short, what I want to put up is that, one cannot blindly follw the big bull portfolio. I found some of their stock is moving like rocket without any business growth, and finalliy , all that will end up like Sterling Holiday one day :D .
Surprisingly, this is the comment I put for Fortis few days back in another forum, when I found some message that, Proriju added Fortis in his portfolio, I dont care all that things. my stand is clear: FOLLOW THE TECHNICAL
Fortis` Healthcare:141 is the crucial price level, below that is can meet 116 or more down. A hammer candle in daily close may bring some pull back towards 160 seems to be a safe exit. I don`t believe in any Hangama investor, purely follow the technical. And prudently manage risk by using STOP, making maximum profit with limited loss. who is with me?
From Pharmaceuticals and formulations in 1987, to condo houses , hotels, resorts, boarding & lodging, guest houses, holiday homes, health resorts & clubs activity in the year 1997and then the Company has diversified into real estate business, which was booming in India at that time, especially country houses in Hyderabad hence the name M/s.Country Condo’s Limited, now almost 20 years in same business, still running as a filthy laggard penny stock.Off course reality sectors as a whole is in flat now :D. But this is a special case. Not going to help anyone in the near future. That is my view. But in war and trade anything can happen. Right :D
If your interest is to enter in to reality sector, go for SUNTECK at 260, you will get 500 in an year for sure, but in condo your 260 will remain same itself is doubtful. And if you are interested in penny stock or cheap investment, my dear bro, nothing is cheap in the market. We always pay a fair price in advance. It moves on upwards like that, everyday. So Don’t struck in with a penny scrip.
oh sorry Country Club Hospitality & Holidays Ltd:
i wil come up in few minutes.
Country Club Hospitality & Holidays Ltd:13.10 is oversold and may go to next res:15.6
It is another one from the same country condo group , the same Reddy's are in the managment, is in deep struggle and not able to cross its May2017 top 17.25.
Sales growth is negative, profit growth is far negative and its ROE negative. Over all it is a hopeless company for investment perspective.