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How To Identify a Potential Multibagger Stock – 7 Vital Points To Look For

Discussion in 'Technical Analysis' started by shabbir, Jun 20, 2016.

  1. shabbir

    shabbir Administrator Staff Member

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    shabbir, Jun 20, 2016
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  2. anandraghunathan1974

    anandraghunathan1974 New Member

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    Its nice article . what is your view on sintex seems to be multibagger.
     
    anandraghunathan1974, Jun 22, 2016
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  3. shabbir

    shabbir Administrator Staff Member

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    Stock looks good but then there are few points to consider.

    1. Company has not made good growth in sales in last 5 years.
    2. Debt levels were above 1 but are now managed to get it below 1 by a big margin.
    3. Is a leader but then they have moved to textile industry as well as other mouldings than provide tanks.
    4. The big positive is available at cheaper PE but I am not sure if PE increase is possible from here or not and so it is quite in a loop and is directionless.

    So if you see company can do something spectacular in the coming months to few years, you should consider this else avoid.
     
    shabbir, Jun 22, 2016
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