HCL Tech Ltd, Rakesh Jhunjhunwala and 1500% gain!!
31 January 2015
HCL Tech Ltd, Rakesh Jhunjhunwala
and 1500% gain!!
Greetings from Hitesh! January had been a great
month for all investors. For our investors it was the greatest so far. Our
stock specific calls moved up like anything. The real jackpot was January 8500
call which moved up from Rs.30 to Rs.488. A gain of around 1500%. We have
already told you in recent past that Nifty will be moving in 600+ points gap.
This provides a great opportunity to TREND followers on either side.
Today I am going to talk about HCL TECH LTD. The
company has declared 1:1 bonus with interim dividend of Rs.8 per share in quarterly results yesterday. The point I am
driving is very different. Let us look at September results declared in the
October 2014.
The second quarter results were not good in October
and the stock moved down from around Rs.1750 to around Rs.1480 in a day or two.
A fall of Rs.250+. Many investors in Futures segment lost like anything. Look
at all media of October – everybody were talking as it there is no tomorrow. They
started giving downward targets!! This was creating more and more panic among
normal guy. After 15% fall also they did not buy the stock!!
Just look at yesterday’s media coverage. They all
were talking as if HCL TECH LTD is a GOLD MINE. The stock moved up by 9%
yesterday!! From Rs.1480 to Rs.1834 in just 45 days!!
What Mr.Rakesh Always Tells?
I do not give much importance to the Quarterly
numbers as long as I am reasonably sure about the future growth potential of
the business I have invested in. If you read this with attention – he talks
about the growth of BUSINESS!! If business grows – the company, if proper, will
surely grow.
Mr.Buffett also follows the same principle. At
Destiny Management we follow this as a basic rule from the day we started our
business and we tell our clients to plan their investments for at least 3
years.
Our Disclosure:-
As a part of FREE Recommendation in July 2013, we
had given it as a first call to buy HCL Tech Ltd at Rs. 750/-. Since then the
stock has given more than 100% return to the investors who would have bought
the same. Our investors might also be holding the same.
Our Suggestion:-
We always tell our clients – do not judge the day
by the weather!! Look any data in totality. If you do not develop the habit of
looking in totality, you will surely become prey to the Media.
What Next?
Once again we have proved that we are much ahead.
How many were taking about HCL TECH LTD in July 2013? This is the fun of
working with HITESH PARIKH. We always run ahead of the TIME!!
If you really want to make money with 100% peace of
mind, your only destination is DESTINY MANAGEMENT.
If you have missed JACKPOT January, do not miss FANTASTIC February.
Come to Destiny Management and Design Your Destiny.
Follow me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.
Live With Passion…Invest With Passion.
Hitesh Parikh.
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