Karutri Global Penny stock top penny stock top stocks in 2009

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Market Information

Karutri Global – 100% Profits

Posted on: May 7th, 2009 at 10:21 pm

Call given at 10, CMP 21.90. Book 50% profits at 21 and hold the rest for Long term.

Karuturi Global is the world’s largest producer of roses, cultivating 585 million stems per annual. Boasts over a decade of experience in rose cultivation with operations in Ethiopia, Kenya and India. Strategic foothold in Ethiopia and Kenya would enable the company to cater to burgeoning demand from Europe and augment its global market share.

Currently trading around 10rs.

This is one of the companies that has been posting good results in the past. Following are the results posted by the company YoY

Karuturi Global

BSE announcement as on 30 April 2009
Net profit of Karuturi Global rose 12.27% to Rs 3.11 crore in the quarter ended March 2009 as against Rs 2.77 crore during the previous quarter ended March 2008. Sales declined 11.41% to Rs 9.94 crore in the quarter ended March 2009 as against Rs 11.22 crore during the previous quarter ended March 2008.

This is one of the companies that has a potential to be a Multibagger in the long run.

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24 Responses

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Comment pages: 12Show all

Akash Says:
June 3rd, 2009
Posted at: 9:38 am
Hi CB. I am planning to invest in this stock with the view of 2-3 years. Whatever I read about this stock, it seems to be a good long term investment. Can it be multibagger in 3 years like trading above 200 in long term (like KSOILS).
Regards,
Akash...
CB Says:
June 3rd, 2009
Posted at: 9:39 am
Hi Akash, its possible.. if company continues to grow at current rate
Akash Says:
June 3rd, 2009
Posted at: 9:46 am
Thanks CB. I heard it is good stock for long term so I thought better ask you once before investing. CMP is good to invest or we can expect 3-4 Rs. downward from this level?
Also, can you please suggest me 2-3 more similar stocks which are low priced and can be multibagger in near future (2-3 years). Thanks.
raj Says:
June 3rd, 2009
Posted at: 12:00 pm
hi cb can i buy this stock at cmp..plz reply
KP Says:
July 26th, 2009
Posted at: 9:41 pm
hi Cb can i buy it at current level?
CB Says:
July 26th, 2009
Posted at: 10:12 pm
Hi raj & KP, for long term one buy it at cmp..it will give good returns..
ks Says:
August 14th, 2009
Posted at: 6:57 pm
your views about karuturi buying at current levels,wat will be the short term target,thanks
CB Says:
August 14th, 2009
Posted at: 7:09 pm
Hi ks, buy some..it can see 17 in short term
vamsi Says:
September 3rd, 2009
Posted at: 1:18 pm
hi cb.. bought 30 at 15.34.. can i expect profits??? if its a very gud one to invest in i'm ready to invest another 30,000 in it.. shall i do it?? pl suggest..
Pankaj kumar Says:
October 2nd, 2009
Posted at: 8:46 am
Hi cb,
I want to fresh entry in Karuturi Global for long term trading purpose.At what level, I start enter in this stock and in what quantity. I can invest 20000 at present in this stock?
Sudeep Says:
October 8th, 2009
Posted at: 5:15 pm
What to do with Karutury Global
Sudeep Says:
October 8th, 2009
Posted at: 5:27 pm
Dear Boss, Please advice me on Karutury. I purchased a good qty. by Rs. 16. Should I shift or hold ? also tell its support, resistance & terget with time frame
A Says:
October 23rd, 2009
Posted at: 3:32 pm
Hi,
I bought KGL @ 17.5. It's coming down, where is the resistance, can i buy some more there? What's the short and long ter target for it?
Thanks,
A
DHIRAJKANT Says:
January 9th, 2010
Posted at: 3:52 pm
I HAVE KGL @13.WHAT IS LONG TERM TARGET?
pk Says:
July 1st, 2010
Posted at: 11:16 pm
Can i buy Malaxmi Rubber?
CB Says:
July 1st, 2010
Posted at: 11:19 pm
Hi pk, no, dont enter it yet. wait for some dip