Tuesday, February 17, 2015
Vinyoflex Limited( 530401) :A small cap company buy at CMP 10-11 for short term target of 17
About Company Business :Company's product range includes PVC films and sheets both plain and printed, flexible rigid & semi rigid for application such as rainwear, shower curtains, file cover, table covers, car matt, stationary products, cable wrap tape, insulation tape, vinyl wall cover, blood bag, urine bag etc. Company is exporting to major countries as well
Performance : Revenue in 2013-14 was 33 crores. Excellent results of last quarter and reduction in raw material should help company to deliver improved performance in FY14-15 expected EPS is 2.5-3 considering low PE multiple of 5-7 stock could touch 16-17 in short term
Buy for short term and long term gains of 40-100%
http://www.vinyoflex.com/
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Sirji yesterday's trading volume is just 1100
ReplyDeleteHi Prakhar : volumes are for critical for traders and HNI which offers easy opportunity to exit.Small caps normally don't attract high volume until there is a buzz.My advice would be to invest in small qty of 500-1000 in such small caps so that large sum of money is not at stake.Small cap investment is high risk high return types but in current economic scenario and sentiment down side risk for quality small cap stock is limited but returns could be multiple and that too in shorter time.
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