I searched analysed a few multibaggers candidates as below:
1 Prime Focus
2.Prakash Industries
3.JBF Industries
4.Tulip Telecom
5.Sasken Communications
6.Infinite Computer Solutions
7.IFGL Refractories
8.Chowgule Syeamship
9.Escosrts
10.Su-raj Diamonds
11.Microtechnologies India
12.S.Kuamrs Nationwide
I feel these small caps may become midcaps in coming 4-5 years, expecting them to be 5-10 baggers. Let us share our views if anyone finds any concrete reason why they can`t be multibaggers. I feel all these stocks have good margin of safety which is must in this market.
I was an employee of Sasken. There is a fundamental issue in Sasken - being a service company,it is focused only on telecom sector. I can safely say that this sector will continue to struggle for some time due to competition.
And Sasken with it’s strategy of not diversifying into other domains will find it hard to grow. Moreover, the management does not have any competent guys who can drive sales growth.
I was looking at Prime Focus and looks like they have decent productsfor digitaliazation. What are your thoughts on this company. Did you look at this company in the recent past?
It has shown good growth in the history, however the recent past has been dicey due to industry conditions. But as you mentioned; the arrival of digitization will act as a major trigger and moreover prime focus has landed a multi-million dollar services deal with a reputed hollywood studio. This is indicative of the fact that their business in north america is set to boom.
Current price is quite attractive to enter for a long term.
i dnt think so that escorts is a gud comany to invest for long term… there is nothing there
in this comapny…the company is in a sector of where there are many big players like mahindra and mahindra , tata motors , lml,…there is no movement in this share for many years …
Out of my 2012 april Picks Escorts (10 baggers 70 to 700), IFGL Refractories (7 Bagger 40 to 280) Sasken (5 Bagger 100 to over 500) and a few got 100-200% return while a few vanished.