Apr 13 2009
My Top Picks Now
Top picks right now are banks. Fear of recession which has little to do with this market pulled down the price of banking sector and it has very low PE ratio. Anyone can take some profit from bank stocks now.
Energy stocks have good prospects too. Summit and DESCO will rise for priority of the govt. in energy sector. BextTex can be a good pick asBeximco group shares have risen significantly in recent times. Bextex has restarted their commercial production after massive renovation… possible london stock enlistment and merger with bex synthetics will move its price further, no matter it can declare dividend or not this year.
BSRM is a good stock and no wonder if it reaches 800-1000 mark soon for its good business and future expansion plan, along with adjustment with S Alam price… for Z category, the high risk high return segment,
Excelsior shoes can be a big gamble.. anyone can make 50% + return from this from today’s price of 58.
Excelsior shoes can be a big gamble.. anyone can make 50% + return from this from today’s price of 58.
But don’t stick to Z group stocks coz DSE can delist any stock from this category, and DSE or SEC hardly has a strict policy or rules to follow.. they take decisions on ad hoc basis…. Never fall in love with such stocks and move fast if u have reasonable 10-20% margin… DSE is not the right place for genuine investors … it hardly follows any fundamentals… some big players/gamblers are always in control… anyway….use ur own judgement…
Fuwang food and Daffodilwill also give good return.
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