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Decolight Ceramics Ltd – 100% Profits

Posted on: May 16th, 2009 at 5:24 pm

Call given at 7, CMP 14.50. Book 50% profits at 14.50 and hold the rest for Long term.

Since the beginning in the Year 1995, Deco Group has been emerged as the most Comprehensive Ceramic Giants. In a short span of around 10 years, the Group today has impressed the entire country and more than 20 Countries by furnishingQuality Ceramic Products.

Deco Light Ceramics, established in the year 2004 is the most esteemed Vitrified Tiles and Porcelinato manufacturing plant in the market producing Vitrified and Porcelinato Tiles under the brand name ‘Granolite’. Today, with having more than 5000 Dealers in India and exports to more than 20 Countries, Granolite is rapidly becoming a Synonym of Quality & Trust. The Marketing Strategy and Pricing Policies puts Company one step ahead of other Ceramic Players.

With in-house R&D and Latest Technologies from Italy & Germany installed, Granolite is capable to meet & beat the forthcoming challenges. “The Products must satisfy the Customer in terms of Expected Quality & Value for Money and this is the only way in which the Company can Grow”, Says Mr. Girishbhai Pethapara, Visionary Chairman, Deco Light Ceramics Ltd.

Currently Trading around 7 rs and having a P/E around 1.70

The company been posting good results in the past. Following are the results posted by the company YoY

Decolite P&L Penny share

Decolite P&L

With more than a Decade of experience now, the management has surpasses almost every difficulty that might put you off-track including a major Earth Quake in the Year 2001 and Global Economic Slowdown after that. The Company is dedicated to this Industry as most of the promoters have already dedicated 1/3rd of their lives to this Industry. This seems to be good Penny Share avaliable.

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13 Responses

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  1. Vip Says:
    May 20th, 2009
    Posted at: 3:40 pm

    Hi CB,

    Can you please suggest any penny stock as of now.


  2. CB Says:
    May 20th, 2009
    Posted at: 8:19 pm

    Hi Vip, as of now not sure of any..I shall post new ones in couple of days


  3. Vip Says:
    May 20th, 2009
    Posted at: 9:04 pm

    Thanks Dude. :)


  4. CB Says:
    May 20th, 2009
    Posted at: 11:48 pm

    Hi Vip, most welcome


  5. subir Says:
    May 24th, 2009
    Posted at: 10:12 pm

    Hi,

    can i buy Decolight Ceramics Ltd at this current price of 12.10? what price i should expect from this stock.


  6. CB Says:
    May 24th, 2009
    Posted at: 11:43 pm

    Hi subir, yes.. it is quoting at cheap valuations and also a good company fundamentally


  7. Sai Iyer Says:
    May 29th, 2009
    Posted at: 4:50 am

    Hi CB, What's the expected mid term (3 to 4 months) return for Decolight?


  8. CB Says:
    May 29th, 2009
    Posted at: 8:56 am

    Hi Sai Iyer, it can touch 18-20 in med term


  9. hilay Says:
    July 23rd, 2009
    Posted at: 7:30 pm

    Hi CB, planning to buy Decolight Ceramics and keep for 3-4 months... Is it worth to keep???? how much can it reach????


  10. CB Says:
    July 23rd, 2009
    Posted at: 8:08 pm

    Hi hilay, wait for some more time before buying into it..


  11. Pranjal Says:
    August 3rd, 2009
    Posted at: 2:03 pm

    Hi CB,

    Decolight @10 levels. Is it a good buy for a month ? Should I enter now or wait for some time. What will be the target in a month ?


  12. maan Says:
    August 3rd, 2009
    Posted at: 2:27 pm

    hi cb g a,any intraday call plz?


  13. Yoggys Says:
    September 12th, 2012
    Posted at: 12:21 pm

    it all and I subscribe 100% to his exlceelnt review. He details on all major shortcoming of the book (and there are many). For me the worst thing: the book's title talks about 15 trades, so your expectations are tuned to find some EXAMPLE trades, with detailed reasoning about when these trades were entered and exited, and more importantly WHY they where entered. None of this can be fond in the book. Sometimes the author (Archer) spends as few as 3 lines for a trade, e.g. on p. 126, Analysing the trade he writes: In this trade I was using a formation on an hourly chart and was looking for well over 100 pips of profit. I could afford giving up some of that profit, should I be correct, since it was larger than my usual trade objective. (See Figure 11.3) that's ALL, that's Archer's analysis of a trade! Further down the entry/exit date and prices of the example AUDUSD pair are listed together with a figure that just doesn't tell you anything. BTW, the entry date and exit date are the same (Nov. 21,2007), however, there is no entry time nor an exit time given. The figure itself only shows the letter A , supposedly the entry, but no exit. I could keep on going like that it's just a waste of time to read a book like that. My advice, if you really want to stick your nose into the book, try to read through Chapter 27. The Goodman Swing Count System is supposed to be heart of the book, the key to Archer's trading strategy. In case you will make it through the chapter, you will find that the so-called rules defined here are in most cases highly subjective. I have tried myself to find Archer's multi-level matrices and intersections on many FX charts, with the result that his technique is no better than a throw of dice.Help other customers find the most helpful reviewsa0Was this review helpful to you?a0 | a0


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