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Tuesday, January 1, 2008

Happy New Year

Wish all of you a very Happy & Prosperous New Year. While the star sector of 2007 was the Power & Energy sector. The sectors which I think will perform well in 2008 will be IT, Telecom, Pharma, Agri and select Metals & Mining along with select Energy stocks. The markets are likely to go higher before they go down. We might see a tearing bull rally in January. Corrections may come either around the end of January or around the end of April. But an end of the year target of 25000 on the Sensex is what I expect from this year. While the indices may give moderate returns, there will be plenty of action in the mid and small caps in the coming year.

Hope everyone prospers in this New Year.

Cheers!

63 comments:

Prativa Satpathy said...

Dear Superstar.
Wish same to you and your family. Your suggestion for the year 2008 is highly apprciated.I youir your prediction will be 100% correct.Till date I am unable to buy Cyber Info.What is your view on DishTV
Thanks again and wish you Happy New Year.

Unknown said...

Hi Superstar,

Thanks for your wishes.
Wish you a Healthy, Wealthy and prosperous New Year.

And whatever index goes, we do not worry, when your super recos are at work.

Regards
Tushar

siva said...

hai super star thanks for your greetings
wish you the same bright 2008
we pray god for your bright future
regards
siva

Superstar said...

In Pharma sector, I would pick Unichem Labs and Aurobindo Pharma. In Metals & Mining, it would be Jayaswal Neco, Tata Steel. In Energy, PTC (on dips), NTPC, Tata Power (on dips). In telecom, Tata Teleservices and HFCL may be dark horses.

For all those who had asked me about GMR Infra, I finally found out why the stock is being touted by many brokerages and analysts despite looking overpriced in light of its meagre earnings figures. The buzz in the market is that they might be coming out with an IPO of GMR Energy.

Some dark horses in 2008 could be Videocon Industries, HFCL, Su-raj Diamonds besides the stocks I have already posted as my picks on this site.

While the year 2008 may be overall positive, there might be two big dips happening during the year which you should be careful about.

Cheers!

Unknown said...

Wish you happy new year too and thanks for all your hard work for small investors

siva said...

happy2008 -superstar

siva said...

dear superstar, thanks for your greeting we the family of superstar gems wish you a happy happy year 2008.
also we pray god to give you all blessings for your prosperous business
regards
siva

siva said...

dear superstar thanks for your greeting and we the family of superstar gems wish you a proesperous new year 2008
siva
also pls tell whats hapening to gpil holding 1050@ 355

prashblog said...

Wish everbody here a peaceful and retunrnful 2008.As usual, looking forward to more of good picks from Superstar.

siva said...

hai superstar wish you the same a happy 2008

siva said...

wish you the same superstar
a better and happy 2008

tan said...

hi superstar,
Wish you a very prosperous new year
Thanks a lot for your great recommendations.
i have a question regarding the siemens stockn wheather to hold it or not. Your expert advice will help me a lot in this regard

tan said...

hi superstar,
Wish you a very prosperous new year
Thanks a lot for your great recommendations.
i have a question regarding the siemens stockn wheather to hold it or not. Your expert advice will help me a lot in this regard

Dev said...

Dear Superstar,

I'd like to Wish you a great new year ahead and take this opportunity to thank you for all your recommendations which you have been giving from time to time.

Your expert comments from you have surely brought benefits to newcomers like us with a very limited knowledge in stocks.

Thanks once again and keep up your good work buddy !

Best Regards.
Dev

MANISH said...

wishing you a great healthy and prosperous NEW YEAR TO YOU NAVIN BHAI.

regards,
manish sanghavi

Maverick said...

Superstar
New year 2008 wishes. Wishing you and everybody in this forum a happy, peaceful, prosperous year ahead.

Maverick said...

Superstar
I want your opinion on HUL which I hold for the past 3 months (400 @ Rs.221). FMCG and HUL in particular has been the worst performing sector/stock in the last 2 quarters. I am still holding HUL hoping that I would break even soon and see some profits on a long run in 2008. I want your inputs on HUL and the kind of targets one could expect on this for 2008 April and beyond.

real value said...

Dear Superstar
Wish u very very happy new year to u and to yr family and to all visitors/investors.
Market,sensex even go any where but u r with us we have no problem at all in this market suck kind of feeling we do have.
I sincerely thank u for helping , advising us.May u overcome all obstacles in yr life.

GS said...

Hi Superstar

Wish you a very Happy New Year....

I need your advice on following stocks for 3-6 months perspective

1. Prakash Industries
2. Ageis Logistics

Also the reason for Su-raj Diamonds to perform well next year...

Nadim said...

Hi Superstar,

Wish you a very very Happy New Year.
I am very new to the stock market. I consider myself very lucky that I got to see your expert tips on stocks like GPIL and Gufic Bio...Thanx a lot for that. In a very short span of time, I have become a fan of yours. Way to go bro :-).

I would like to take this opportunity to ask you about Agro Dutch Industries. I have seen that you also track this stock. I would like to know if this stock is gud at CMP of around 48 and is it gud for short term as well as long term?? Also, if you can say something about Kirloskar ferrous Industries.

Thanx & Regards,
Nadim

Unknown said...

Dear Superstar,

I met "Peace", "Wealth", and "Joy"last night, they wanted a permanent place to stay. I gave tem ur address. Hope they have arrived safely...

"HAPPY NEW YEAR 2008 TO YOU , YOUR FAMILY, ALL NEAR AND DEAR ONE'S, INCLUDING PEOPLE WHO PRAISE YOU FOR YOUR UNDERSTANDING AND YOUR TIMELY ESTIMATIONS WHEN IT COMES TO PICKING SHARES AT THE RIGHT TIME"

Thanks
Suresh

rami said...

Hi Superstar,
Happy & prosperous new year 2008. Eversince I started investing in stocks had I heard about you till yesterday when I accidently went into the message board of Unichem labs.
Your research and views are very farsighted and useful to us small investors. From now on I will definitely use your expertise before investing.
Thanks a lot.

Regards,
Ramesh Bhat.

Vj said...

Hi Navin,

Wish you a very happy new year.
Though I ve personally not yet bought any stocks that you recommended so far(trying to buy Cybermate now), your recommendations have been bang on target, I take this place to thank you for your generous efforts to the small time investors.

Wishing you a very happy New Year.

Vijay.

Superstar said...

Hi Tan,

Siemens has recently declared a Dividend as well as a 1:1 bonus. The company has been doing quite well. If you are a long term investor, you can hold it.

Hi Maverick,

Action might return in Hindustan Unilever and one can look at targets of 246-250 technically.

Hi Gaurav,

I was the one who discovered Prakash Industries when it was trading at Rs.20. It is now trading at 340 and some analysts and brokerage houses are pushing the stock with a Buy rating now. I would recommend a hold only and not a fresh buy at current level.

My view on Aegis Logistics is similar. Would recommend a Hold but for fresh buying there are better stocks available in the market.

Hi Nadim,

Agrodutch was recommended by me just a couple of months back at 25-26 levels. Today's high was 48.10. I think it may go to 60 levels where it can find some resistence.

I would not be comfortable buying Kirloskar Ferrous at current levels. Avoid.

Cheers!

shiningstar said...

Hi Superstar,

Wish you a wonderful and a very happy new year.

Can you please tell me whether i should buy Yashraj Securities.

Regards

Unknown said...

Dear Navin bhai
Wish you and your family ANNUS MIRABILIS 2008.

Thanks & Regards
Subrata

vipin said...

hi superstar,

wish you a very happy and prosperous new year 2008.

you are doing a good job keep it up

thanks

Prema Lawrence said...

Superstar, I got into the market just a few months ago and I want to build my portfolio in 2008. While browsing I found your blog and what amazed me is the selflessness with which you share your findings and research. In my 9-5 world, it would be difficult to invest in the right shares because I need to earn my daily bread and save something to put in the share market.
I thank the heavens for an angel like you who is willing to bring light into the hopeful dreams of those like me who are just born in the big world of stock markets.

May you be blessed abundantly through the year and may all your insights bloom :)

Unknown said...

Dear Super star,

Wish you and your family a very happy and profitable new year...Hope you had a blast last night...

Could you please express your view on Walchandnagar industries,STC and Assam company? I had bought 500 Assam cmpy shares @57 yest and it went down to 55.25..

Unknown said...

Hi Superstar... Wish you and your family a very Happy and Healthy New Year. I am new to this blog. Currently holding TCS @ 1010 and LML @ Rs.20.9 . Would like to know what would be the price target in another 3 months (ST). Are there any attractive IT Stocks.

Unknown said...

Hi Superstar,

Here's wishing you a prosperous & successful New Year. Im an avid fan of yours

Best

Shankar

Unknown said...

Dear Navin,
Good day!

May this new year brings,

H ours of happy times with friends and family
A bundant time for relaxation & to help people like us – small investors
P rosperity
P lenty of love when you need it the most
Y outhful excitement at life’s simple pleasures

N ights of restful slumber
E verything you need
W ishing you love and light

Y ears and years of good health
E njoyment and mirth
A angels to watch over you
R emembrances of a happy years!

HAVE A WONDERFUL NEW YEAR -2008

Cheers,
Raghu

fruit_mortgages_wales_uk said...

hi, liked your site and thought maybe you would like to visit my blog on property and finance http://mortgageswalesukfruitmortgages.blogspot.com/. Ive not been doing it for long so any advice would be most welcome.
Thanks.

Unknown said...

Hi Superstar,

Good Day!!!

I wish u a happy new year :)...

-Srinivas.

inthegallows said...

Dear Navin
A Very happy new year and million thanks to the wonderful work you do, It has been so kind of you.
Regards
Kris

KALPY'S said...

HAPPY NEW YEAR TO ALL ...AND HAPPY INVESTING FOR YEAR 2008..Thanks Superstar for great tips

rami said...

Hi Superstar,
Based on your research I entered into Cybermate Infotek today by purchasing 2000 shares at 14.75. How long should I hold this stock from this level?

rami said...

Hi Superstar,
What is your view on IEC software? I have taken 1000 shares in it at 30.35.

Superstar said...

Hi Sujoy,

I would stay miles away from Yashraj Securities at cmp.

Hi Raja,

Walchand is at a crucial stage, technically. It can either breakout upwards or it may fall also from here. You can buy with a stop loss of 8000.

STC is a stock which moves in circuits....either up or down. A very risky stock. Something like double or quits.

Assam Co I don't track at all and at the time of giving this reply, its charts were not opening. I wouldn't buy it at fundamentals.

Hi Saran,

You can keep holding TCS and convert your LML into Cybermate Infotek.

Cheers!

PS: I am very thankful for all your good wishes and blessings. I warmly reciprocate. :)

Devang Nandha said...

Hi Superstar,

As suggested, i have added Unichem in my portfolio, would you pl.l advise me on HCC ? What is the future target of HCC ? Why HCC shooted up in 5-6 days.

Awaiting your valuable feedback.

Wish you a happpy new year and mega success for 2008.

With Kind Regards,

DN

Superstar said...

Hi Devang,

We are entering a phase in this rally in mid-small caps where irrationality is creeping in. So we must be very cautious now. I would not buy HCC at current price. The risk-reward ratio is not in favor of reward here.

Thanks for your wishes and wish you the same.

Cheers!

Superstar said...

Hi Ramesh,

As I said in my post that I expect the IT sector to do well in 2008, the prediction has already started coming true. You are already witnessing a rally in many of the forgotten IT stocks. IEC Software has turned around in the last two quarters, but the price run up has already been very steep. If I was in your place, at the first sign of weakness in IEC, I would switch from it to Cybermate Infotek.

Cheers!

rami said...

Hi superstar,
What are your views on power sector especially REL. How far can this stock go further in maybe another year? I bought this stock at 700 level and still holding it.

Thanks for your comments on IEC Software.
regards,
Ramesh.

Akky said...

Dear Superstar

Wish you a very happy 2008

On your advice I have added Gufic at ~19.50 in mah portfolio and as a result its roaming around 24.25. Should u suggest me to hold it even now and if it is yes, please get me the target.

It would be very fruitful for us if you can put your valuable opinion on Bellary.

I have some 25000 to invest. Get me some idea on which counter should i invest.

Anticipating your precious suggestions.

akky

Superstar said...

Hi Ramesh,

I have already said in my blog that I expect select Power stocks to do well in 2008 but not the entire sector as a whole. While the Euphoria in this sector can last till the Rel Power IPO, the valuations are stretched. I would have booked profit in Rel Energy at or even slightly less than 2700 if I was in your place.

Hi Akky,
I had already advised on the Gufic Bio board to book profit and buy Cybermate Infotek instead. I would book profit in Bellary as well.

Cheers!

MANOJ said...

Dear Superstar,

Whats your take on Supreme Infrastructures

MANOJ said...

Dear Navin,

Whats your take on Supreme Infrastructures.

Superstar said...

Hi Manoj,
Supreme Infra is a recently listed share and no data is available on its financial performance on the exchanges so far. In absence of any historic data, I cannot comment on this stock.

Cheers!

Unknown said...

Hi Superstar

What you think about garware offshopre shipping
i purchase it around 255/-
Please suggest me hold or sale
from
Bhagat

Superstar said...

Hi Bhagat,
You can hold Garware Off with a Stop loss of 225.

Cheers!

Shashank Jain said...

Hi Superstar I purchased shares of cybermate at 18.9. from then on its going down.
I know you have said a lot about its future. Does it still looks positive.
Is low PE the criteria for this stock to be a multibagger.

Shashank Jain said...

I have shares of Kolte Patil and MRPL. Whats your take on them

Superstar said...

Hi SMJain,
You could add more of Cybermate Info on corrections to bring down your cost price. It always helps to buy a stock while it is still quoting at a low PE because it increases your margin of safety and also your chances of earning a profit.
Kolte Patil is a new listing and not much data is available on its financial history. Still, I would say that at current price it is a hold.
MRPL has run up quite a lot in the recent past and one must be cautious on it now. I would keep a Profit Lock on it at 125. You can book profit if it goes below that, to be on the safe side.

Cheers!

Unknown said...

Hi Navin,
I am following up you post in MC and in this blob for a while.I am impress by your analysis and unbiased attitude.Let me introduce my self, I am Barkat and stay in CA, USA. I am interested in talking with you. I would appreciate if you can drop me a mail at barkat80(at rate)gmail(dot)com.

Thanks & Regards,
Barkat

Shashank Jain said...

Thx for the info Superstar.
Since I have MRPL at 140 and Kolte at 232 I think I should book losses in MRPL. What do u say.
There is another stock I am looking into is Interworld Digital.
Its trading at Rs 4 right now..
Pls suggest
In case of Cybernate
I am still not sure of the low PE funda since we also need to see the management and the growth prospects of the company. When I visited the cybermate site they didnt have a client list .
Low PE can be an indicator but what I feel we would be better off measuring it against the growth(may be the PEG can give a better idea.). I just want to know from you that apart from low PE what makes it a company with good fundamentals.
As per your advice I will still go ahead and purchase more of Cybermate though as I have a lot of faith in your tips

Shashank Jain said...

Hi Superstar,
Whats your take on Rohit Ferro.
Is it a recommended buy at this level.

Superstar said...

Hi Sun/Barkat,
Welcome to the site. A mail has been sent to you.

Hi SMJain,
I had yesterday advised you to hold both Kolte Patil and MRPL (with SL of 125) and both have gone up today. You may recover your cost price in MRPL soon.

I had a look at Interworld and though I was not too impressed with its fundamentals, chartically it can become a buy if it trades above 5.05 for a few days with good volumes.

Ofcourse, the quality of management and future growth prospects are very important factors while making an investment. I never said that Low PE is the only factor. PEG is anyday a better criteria than just PE. In the case of Cybermate Info, the company showed a 152% jump in Net Profit in June quarter and 203% jump in Net Profit in Sept quarter. It is very important that they maintain this trend of high growth for its stock price to make new highs.
Yes, Rohit Ferro is a good stock to buy as the company is on a high growth trajectory presently.

Cheers!

Shashank Jain said...

Thx Superstar,
Thx for the updates. It really helps.
I had Ashok Lyeland @50.. Shall i get out of it right now and buy Unichem Labs instead

Shashank Jain said...

Today Cybermate Hit an UC..Hope it continues for long...Great going superstar

Superstar said...

Hi SMJain,
Unichem Labs looks comparitively better investment than Ashok Leyland at current prices.

Cheers!

Shashank Jain said...

Hi Superstar,
Shall we go for SBI as its coming up with a rights issue. What do you see the future of the stock.
Also I took Allahabad bank@130 . It seems to be an undervalued stock to me .Whats your take on it.

Superstar said...

Hi SMJain,

I am bullish on public sector banks and you can Hold both your stocks.

Cheers!

Unknown said...

HI superstar this is ravikanth.You are our lighthouse in this high vlolatile market.i bought some stocks when the market is doing good.
Alps industries(80rs),kic metalicks(80rs),southasian petro(25rs),prime securities(300rs) after the fall you know the story. I can hold for one to one&half year.so please suggest me you want me to me to book loss or stay for long time.