Trade4target : Stock idea
Scripscan:Premier Explosives Ltd(PEL)
Bse code:526247
Cmp:206rs
Target:300rs
Return percentage:47%
Duration:9-12 months
History:Premier Explosives Ltd. was incorporated in 1980 and started off with manufacturing Slurry Explosives and during the 90's started manufacturing the complete range of explosives & accessories like detonators, bulk explosives, detonating cords and blasting accessories. The company diversified into Mushroom Farming in 1997. In FY07, the company ventured into Space & Defence. The co. divested its Mushroom Division in FY08 for a consideration of around 20Cr. Since then the company is focussing & expanding into the Space & Defence sectors.
Trade4target give more knowledge about PEL
1. How does one construct a portfolio which can provide 25-30% CAGR returns year after
year?When to exit is something which confuses me a great.
Ans:Buy my recommended companies and allocate not more than 5% in each of them.A basket of
15-20 stocks is enough to get your desired returns.Why to exit actually if the growth is
there?I see a lot of guys exiting my older recommended stocks like symphony and avanti
feeds to buy the new ones.This is one of your biggest mistakes.The secret to win from
markets is to have the best ones and sit tight with them till their growth is intact.You
just don't need to buy the new ones as you already posses the best money making
companies.I myself hardly bought any recent recommendations as am fully invested on the
older ones which ensured an amazing overall portfolio return so far.