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Monday, March 15, 2010

Micro Technologies Revisited

Micro Technologies has corrected from its recent highs of 216. It's a fast growing company which is expanding in many world markets. Recent news :
This stock is trading at a PE of just above 3, which is dirt cheap by any standards. The current Book Value of this stock is around 290, which means this stock is trading at a huge discount to its BV at cmp. Technically also, Micro Tech has corrected and consolidated at the present levels. The full year results are just a month away and they are expected to be very good. I think it's time for this stock to start flying again. Potential Multibagger. Company website: