My Old Call on GOLD(Given on 12August2008)

Dear Friends,

Have a look at my old post.
http://bsensediamonds.blogspot.com/2008/08/next-inning-of-gold-rally-will-begin.html

I have given buy call on gold on 12 August 2008 when it was hovering around 12000 per 10 grams. Right now it is at 16000... calcuting it as 33% rise.. I my belief gold rally is in its nascent stage and it is making a room for itself to shoot like rocket from here. In international market gold is hovering at 1000$, and it may rise to 1300$ from here.

Many investors are thinking that gold is at all time high so we should wait, they are thinking that they can buy gold i lower prices. Friends, in my views gold is giving another chances before next spurt. Just grab this opportunity. Put some gold in your portfolio (around 15%) it also serves hedge against inflation.

Decision is yours but i will still recommend to buy gold at these levels also. YES i agree that gold may shed some points (Rs 200-300) in coming days but as festival days are coming ahead buying demand will takeover gold prices.

BUY SONA and HOLD IT.

Excel Crop care – A Multibagger in Making

Book Value= Rs 127, FY 09 EPS =25, PE=5, industry average PE=10

FY2010 EPS is expected to be around 40 , so if we consider avg PE of 8, then price should be 320Rs…..

Profits are going up and up and this company is playing into potential sector in which opportunity needs to be tapped in Indian market yet. Its into the business of agrochemicals comprising of insecticides, weedicides, fungicides, fumigants and rodenticides.

Nufam is holding 15% shares of this company.


It has a very tiny equity base of only 5 crore and reserves of 135 crores are eye popping. As reserves are almost 27 times of equity of this company so even if this company gives you bonus of 3 shares each it does not matter for them. Three bonus shares means 3*5 = 15 crores only.

This company is playing in niche area and this is my next Multibagger in making. This company also has land bank near Mumbai and value of which is more then its current market capitalization.


I will recommend buy on this scrip with a hold of couple of years to ripe decent profits..