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Store One

Discussion in 'Fundamental Analysis' started by saju_abraham, May 17, 2016.

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  1. saju_abraham

    saju_abraham New Member

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    Dear Shabir,

    I am interested to know about store one
    I am convinced with the fundamentals and was holding the stock from 26 levels well it has already doubled my investment, i want your suggestion to hold it for how long, now they are into facility management for indiabulls real estate and maximum income comes from inhouse so I am bit confused should I hold it for long or completely exit the counter.
     
    saju_abraham, May 17, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    If you are holding this stock, since 26, I will suggest you to hold along as it is one of those companies which is generating cash and doing good in EPS and is available at 7 PE.

    There are few points to consider.

    Company has never paid dividend but that's ok for a small company which is still making it grounds
    Company operates in only few cities and that is also ok if they are expanding.

    EPS has trippled this year as per BSE for this company and so I will definitely keep on holding this stock.

    Just have a better understanding about the companies management and if they are good, you can keep on holding them for a long long time as well.
     
    shabbir, May 17, 2016
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  3. saju_abraham

    saju_abraham New Member

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    Thanks for the update shabir. I am tracking your portfolio, and the two stocks selected are good. Initially i was wondering y you selected tata steel now i realize you decision was correct at the right time so even jubiliant foods is good but dont you think you should have brought it below 1000/-

    Regards,
    Saju
     
    saju_abraham, May 17, 2016
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  4. shabbir

    shabbir Administrator Staff Member

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    Yes thats the right price but then we are not committing the whole investment that we want to be doing in one shot and so we can always buy few and keep a keen eye on it going down and if it does, can accumulate more.

    28th May is results for this and so that could be a good point to observe things and possibly decide what needs to be done more in June.
     
    shabbir, May 19, 2016
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  5. shabbir

    shabbir Administrator Staff Member

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    @saju_abraham, I have been tracking store one since you mention it here and I see something that is not comforting to me.

    The site has been updated and they are not a retail brand anymore but are focused on engineering and manufacturing as well as rental space kind of business.

    So just keeo an eye on this company and you should make the research as I have dropped this company from tracking list.
     
    shabbir, Jun 17, 2016
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  6. saju_abraham

    saju_abraham New Member

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    hi

    Hi Shabir,

    Thanks for the update, I will consider your comments.

    Regards,
    Saju Abraham
     
    saju_abraham, Jun 17, 2016
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