A friend recently recommended the scrip Syschem (India). As I dont believe in tips, I made a 10-min research on the company. The company does about 4 crores of sales and about 40 lakhs of profits. In the last three quarters, two have been negative. The m-cap of the stock is 40 crs and the current price is Rs. 3.62. BSE has categorised this stock as 'T'
And just when I thought most people will pass on this stock, I saw the avg qty on bseindia ... 2 wk avg of 2,405,548 shares ! I peeked through moneycontrol ... here are the entries :-)
Posted by: mohitjohri on ( 09-Jan-08 16:06 ) Price : BSE: Rs 3.66 ( 3.68 % )
sir i hv purched 10000 shair @ 3.61 ...sir plz sages .. .wt ,s tha targ plz confarm me
Posted by: Guest on (10-Jan-08 07:25 ) Price : BSE: Rs 3.66 ( 3.68 % )
i have more then 50000 shares. insallah you will see 10+ shortly but i would recommand to hold certain percentage of your profit for almost a year & you will get 100+.you have got the right thing.
Posted by: vino1983 on (10-Jan-08 21:02 ) Price : BSE: Rs 3.71 ( 1.37 % )
syschem india is a awsome stock which will be in limelight in a very short future.
it has a good scope. will reach 10rs before mid feb 2008. might still go up till 15 - 16 by end of feb. i hold 74500 stocks @ 3.69. my friend who is working for a stock broking firm holds 235000 stocks at a average price of 3.03. good luck. invest and reap very good returns.
Sunday, January 13, 2008
Tips !
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3 comments:
Hi shankar
this may sound arrogant, but personally i think if you have to ask someone else whether the stock is a good buy or not (that too after buying it) and on top of that on the moneycontrol board, then a) you should not buy the stock b) you are speculating and risking your money
regards
rohit
Yeah, isnt it irritating when someone sends you a "tip" with no basis behind it :-)
Ofcourse, I was not going to buy anything from a tip. As they say : "Even an insider's tip may go wrong"
I at times wonder that how people are able to produce such quality content for Free Indian Share Tips.
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