Regular Readers of my Blog would recollect Sabero Organics
I had recommended it on August 8,2008 at Rs 24 Fabulous Quarterly Show by Sabero Organics Gujarat…..Rs 24 and yet again this year on September 4,2009 at Rs 35 Sabero Organics up but FII,Clearwater Capital seen exiting ! Why ?
It’s zoomed away to near Rs 70…infact was Rs 45 last week….To check out why refer to my earlier blogs on this Scriptech Select Stock and you’ll be convinced Rs 100 is not to far away now!
Nitin,you responded to my previous blog that you would appreciate some ‘Bamboo’ seeds…this is one of them….search my blog…you’ll find I’ve planted several such seeds
5 thoughts on “Sabero Organics kissing Rs 70 ….up from Rs 45 in under a week !”
sir
but in last post u said u dont know why FII is selling ( for reasons which we dont know).Then how can we go and invest.I am an amateur, just want to know how even after u mentioning can we go and invest
Hi Gaurav,
Thanks.
Nitin
Hi Ramurthy,
Your query is very valid…An amateur would definitely take an FII stake sale at face value and will not consider investment in such a scrip….One must have the conviction in the scrip regardless of any such significant selloff by big Investors…Such a conviction is borne out by improving fundamentals…I have stated in the relevant blog in September that Sabero will first cross Rs 50 and move towards the three figure mark….I have raised an eyebrow at why should Clearwater be selling when the future looks brighter for this scrip….I have also stated that even with such selling the price was moving up giving rise to a suspicion that suchan FII stake could have been just a fronting shareholding…..you have got dettered by my blog title…my conviction remained despite such a selloff…that is reflected in the content….but I do get your point…will ensure there is not even any apparent disconnect between the Blog Title and the Contents
Thanks for responding
HI GAURAV
LIKE YOUR BLOG VERY MUCH . FOR ONE REASON ONLY i.e. HONESTY. U GIVE VERY HONEST VIEW . AND THAT IS A RARITY IN STOCK WORLD.
HOPE U CONTINUE IT WITH SAME HONESTY
REGARDS TO YOU AND TO YOUR HONESTY
Thanks Dr Sudeep for your kind words….this blog is an extension of my passion for Equity Advisory and Training and other matters…I have no vested interests….Cheers