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Suzlon energy ltd

Discussion in 'Technical Analysis' started by fishco75, May 26, 2017.

  1. fishco75

    fishco75 Member

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    What about Suzlon energy Ltd. This quarter good results, many are saying it will touch 3 digits in a year.

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    fishco75, May 26, 2017
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  2. rahul_kumar

    rahul_kumar Member

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    Fundamentally and Technically are very good. Very good stock for investment purpose. Don't know what others said but definitely will give very good returns in 3 to 4 years like as Multibagger.

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    rahul_kumar, May 26, 2017
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  3. hitesh_mahant

    hitesh_mahant New Member

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    I'm invested for 2500 at ₹20.. I heard for ~40, but 3 digit would be awesome!!
     
    hitesh_mahant, May 26, 2017
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  4. rahul_kumar

    rahul_kumar Member

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    40 is very good target for intermediate term. As because of Fundamentally and Technically Suzlon is very good so I expect a target of 65 to 75 for 3 years time frame.

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    rahul_kumar, May 26, 2017
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  5. srikanthnaagolu

    srikanthnaagolu New Member

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    I have gone through some analysis reports on this stock, and found it as a good to invest at present levels. I am holding 5000 at 20.50 . Mr shabbir , if possible please share yours view on this stock

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    srikanthnaagolu, May 27, 2017
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  6. yaljpmib

    yaljpmib Member

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    I had 1200 shares sold at 22 after results got declared and the stock fall below 19 and recovered. This qtr profits were good but it had some forex gains. I am concerned about its debt. As interest expense are high. I have been hearing 3 digit from last year. I personally like the sector....hope to see results continue to be strong...

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    yaljpmib, May 28, 2017
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  7. shabbir

    shabbir Administrator Staff Member

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    Results were good but then I am not a fan of turn around stories and I would like to see the turn around.
     
    shabbir, Jun 9, 2017
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  8. rahul_kumar

    rahul_kumar Member

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    Shabbir Bhai Suzlon Energy is very good stock at current level for investment purposes. I am also holding 5001 share @ Rs. 18. My expected target of Rs. 45 to 50 for intermediate term with time frame of 2 to 3 years. Fundamentally and Technically are very strong.

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    rahul_kumar, Jun 10, 2017
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  9. rahul_kumar

    rahul_kumar Member

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    Also I would like to suggest EPC industries for long term. It is a very very good stock for investment purpose. This is a multibagger stock. One can invest with target price of 450.

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    rahul_kumar, Jun 10, 2017
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  10. shabbir

    shabbir Administrator Staff Member

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    If you look at the Suzlon for last 1 year, the stock is trading at good price and is doing good with the business. Now if you look at Suzlon for last 5 years, the management has done some basic mistakes and this is where I don't see it as an investment opportunity. I agree that if it can continue the process that it has been doing for last one year for next couple of years, the target of 45 is quite achievable but then I don't like to see management doing such a mistakes. There is nothing that convinces me that they will not repeat the same mistake.

    Suzlon is a good trading bet and even for the trading with a trailing stop is advisable for good gains but I am against investing in this company for sure. Investment view for me is 3 to 5 years.
     
    shabbir, Jun 10, 2017
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  11. shabbir

    shabbir Administrator Staff Member

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    EPC is trading at a PE multiple of 54.09 and there are many good plastic stocks trading at much better valuations than EPC.
     
    shabbir, Jun 10, 2017
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  12. yaljpmib

    yaljpmib Member

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    yaljpmib, Jun 10, 2017
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  13. silentlyaddicted

    silentlyaddicted New Member

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    Technically suzlon is not attractive right now, good on books but still as SHABBIR BHAI said i am also fan of turn around when they happen not in assumptions. Will wait and rather buy it at a bit expensive levels.


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    silentlyaddicted, Jun 17, 2017
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  14. yaljpmib

    yaljpmib Member

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    yaljpmib, Jun 17, 2017
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