Monday, May 27, 2019

Punters Weekly Musings 27-5-19 onwards


Resuming my blog after a vacation …Let me get to the point .. Elections done – a Stable Government in place and  Incremental clarity on the way going forward bodes well for the markets . My personal view is that now the mid – small and the microcap space should light up now albeit selectively and on a case to case basis.

This week let me discuss NITCO LTD . a stock I have held for the longest time . There is no denying that there have been issues with the stock in the past but I think that is now all factored in price. At 37 bucks the stock looks ripe – for some incremental move that I would think could be sustainable and substantial if the audited results on 31/5/19 come up with a good set. I would setup the stock on my watch list.

I am NOT a analyst so I only share my investments and trades and hence it would be prudent on your part – the reader- to assume that I have a position / holding in the stocks that I mention.

Carpe Diem !! All the best for your investments and Trading !!