An Ignorant, Fool, Common Man's Gibberish On Madness called Markets!: SHRI JAGDAMBA POLYMERS: GEOTEXTILE Opportunity?

Sunday, January 1, 2017

SHRI JAGDAMBA POLYMERS: GEOTEXTILE Opportunity?

SHRI JAGDAMBA POLYMERS: CMP 713.8

GEOTEXTILE IS A HIGH STRENGTH POLYPROPYLENE WOVEN FABRIC PRODUCED WITH HIGH TENACITY TAPES AND THEN WOVEN ON WIDER WIDTH SULZER LOOMS UPTO 5.3 MTRS.

Company is not R&D backed like Strata Geo. But able to get into generic GeoTextile. Have to look other parameters like Debt (looks high) and contribution of Geo in total sales.

Growth momentum is there. Not a high class investment grade stock, but will fetch info about Geo Ind.

Garware rope looks better to capitalize the Geo Opportunities.

Please read the disclosure. I am novice Investors, putting note here only for further discussion.

Thanks

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Disclaimer:

Any Investment must come from Self Conviction, and is more relevant to Equities. And Conviction will come from Knowing 1% of UNKNOWNs in UNKNOWABLEs mystic world. I honestly accept that what ever I am writing and conveying here is same 1% or less than that. So please educate yourself and take decision considering Warren Buffer's first principle of Investing "Do not loose your capital" in any case. In short, please consult your Financial Adviser, I do NOT recommend any BUY or SELL here, its purely my own perception with a RIGHT TO GO WRONG. And as a disclosure I MAY have position in stocks mentioned and MAY sell them anytime as per my conviction level.