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Tuesday, January 9, 2007

Dark Horse: Yash Management & Satellite

The future is Nanotech. It is believed that Nanotechnology will revolutionize the fields of Electronics, Medicine and Material sciences. Yash Management & Satellite is a Mumbai based media company which has now changed its operation profile.

Mr Anurag Gupta, Managing Director of Yash Mangement, confirmed that the company is indeed changing its operational areas completely. "We are dismantling the old business and the media content outfit is being hived off. Yash Management is now being shaped up as a joint venture with Cientifica, a global nano-tech research and consultancy services major. The new outfit is getting into contract research, consultancy and marketing of nano-technology related products," Mr Gupta said. At present, the company's nano-tech division - Yash Nanotech - is setting up a dedicated centre for contract research near Mumbai. "Immediately, we are starting research work in nano-tech in application areas of pharmaceuticals, paints and auto tyres for some of our clients," said Mr Gupta.

As a precursor to its collaborative research arrangement with IIT-Mumbai, Jawaharlal Nehru National Research Centre, Bangalore, and National Chemical Laboratory, three scientists have been inducted as advisors to Yash Nanotech. Visit www.yashnanotech.com for more info about the company.

PS: A strict stop loss of 12.50 was given

Cheers!
Superstar

18 comments:

kkk99 said...

Hi Superstar,

On your recommendation I bought satellite engineering at 6.12. I have made 24% profit. What is the target for this share. What price should I sell this stock?

Thanks

KKK

kkk99 said...

Hi Superstar,

On your recommendation, I bought satellite engineering at 6.12 I have made 24% profit. What is the target for this share and for what time period. I don't find any information for this stock anywhere.

Thanks

KKK

Superstar said...

Dear KKK,
Satellite eng is getting near it's year's high of 8.12 where partial profit booking can be done. One has to watch carefully as if it closes above 8.70 then it may reach 10-11 also.

Cheers!

kkk99 said...

Looks like somebody sold satellite engineering which made sock open and again it is in upper circuit.

monica said...

Hi Superstar,

Thanks a ton for ur reco on MPGLY.
its up on upper circuit today... Am making decent profit in it but will hold on to it as per your reco till 60.

I have been holding yash Management for some time now on ur reco. it did go up to rs. 15 & then coame down.Just wanted to check if its a long term hold???? i dont mind holding it for long term if u say so, but just wanted to check if we r expecting any change in the priceing upwards in the coming 2 months .

Superstar said...

Hi Monica,
Good to hear from you and great to know you are making good profits in MP Glychem. You don't necessarily have to hold it till exactly 60 only but make your decision according to the strength this stock shows in the coming days and weeks.
Regarding Yash, I know that it has gone back to square one. It moved from approx 13.5 to 17 plus in a matter of few days after my reco, but has subsequently again come back to its original price. I would suggest you hold it for a few weeks more with a strict stop loss of 12.5 rs and see how it moves. I am hoping it should see the first target of 21-22 in a few weeks. Let's hope for the best but be prepared for the worst. Also look at my new reco of TT limited. That also moved up substantially.

Cheers!

kkk99 said...

Hi Superstar,

Satellite closed at 8.84 today. Should I wait till 11. as you said it crossed 8.70 and moving up.

KKK

Superstar said...

Dear KKK,
Satellite eng traded very strong even today and closed at 8.84 circuit. I think it is because the pre-budget rally has begun. For stocks like this, which are making new year's highs, the best way to trade them is to keep riding it as far as it goes. So keep watching it daily carefully and let it go up as much as it goes.....u can book your profit the moment you see it falling 5% on any day. This way you will enjoy the full ride.

Cheers!

kkk99 said...

Hi Superstr,

Satellite looks very strong today. But since market is falling. Maybe it is short term fall or big fall. Would you advise partial profit booking?

KKK

Superstar said...

Dear KKK,
Congrats that your investment is doing well. I think I have already answered your question yesterday also. Here is a copy paste of the relevant part. Read it carefully:

"For stocks like this, which are making new year's highs, the best way to trade them is to keep riding it as far as it goes. So keep watching it daily carefully and let it go up as much as it goes.....u can book your profit the moment you see it falling 5% on any day. This way you will enjoy the full ride."

Cheers!

kkk99 said...

Hi Superstar,

It is in UC.
Somebody sold 29,000 satellite engineering share today. Where as volume used to be 3 to 4 thounsand in average everyday.

Just informing

KKK

3000 said...

Hi Superstar,

I bought Yash Mgmt at Rs. 15 after your recommendation. Now its falling everyday, should I still hold further? pls. suggest.

Unknown said...

hey superstar,
in one of ur earlier posts reply to monica u had said to keep a stoploss of 12.5 of yash mgt,has breached the same today..Shld one book profits or can one still hold on to the same...

Superstar said...

Hi there,
Yes, I know Yash management has not performed as hoped and stop loss has been triggered. I hope you had switched to SRF when stop loss was triggered. This stock may yet perform, but not worth the risk, according to me. The momentum in this stock was killed when this stock was put in the T2T category. And right now the volumes in this stock have become so low, that it is very difficult to judge which way it will go in the short term.

monica said...

Hi Superstar,
For the past few days one can see a lot of movement in yash management. It was one of the stocks recomended by u.. Can u pl shed some light on it. What is the 1st traget for yash

Superstar said...

Hi Monica,

Yes, Yash has moved up from 10 to 14 plus in this recent upmove. But it has now entered a tough resistance zone. Only if Yash is able to trade above 17 with good volumes will it go further up in this current rally. Else, it may remain in the trading range between 13 and 15. Cheers!

Niranjan Boora said...

Hi Superstar,
You had recommended Yash Management Jan 2007 at 6.12.

Presently it is around 10.8, is it a good buy around 8-10 from a long term perspective.

This is the only listed company in nano-technology.

Thanks

Superstar said...

Hi Niranjan,
Yash Management recently saw a high of over 25 in the first week of January. You can keep it on your radar and can buy it on falls from here. It is a dark horse as it is in the niche segment of nano tech.

Cheers!