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Thursday, April 22, 2010
Stock to be bought for sure shot gains : SMALL STOCK BIG TARGET " Action Construction Equipment Ltd CMP 50 "..
Action Construction Equipment (BUY in 2 parts ) CMP 50 (Targets) 54 / 60 / 65 + (SL) 42
ACEL is the largest Mobile Cranes, Tower Cranes and other construction equipment manufacturer with a major market share in these products. At its current market price of Rs.50, the ACEL share discounts its current EPS by around 17 times against the industry average P/E multiple of 30. Since the infrastructure sector is expected to post better results in Q4FY10 and FY11, stocks of companies like ACEL are expected to do well. The ACEL share may, therefore, be added to one’s portfolio for lifting gains in the medium-to-long-term.
FOR MORE JOIN SOKHIPAID now @ Rs 4,400 p.a till 26th APRIL 2010. Mail us at sokhitrading@gmail.com
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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.
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