
Prime Stock Update: Book profits in this agri company
It's time to lock in some of the gains on this Prime Stock!
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3 thoughts on “Prime Stock Update: Book profits in this agri company”
An eerie reminiscence as I read this article is your narrative on Honeywell automation – where “opacity” in getting needed insights from the company was cited.
Question is, how does Team PI want to go about recommending such companies while every other checkbox may have been ticked.
Valid question. We take the chance in companies where the quality of balance sheet si exceedingly good and industry prospects are good for the long term. In many cases (ABB, Siemens, Abbott) of MNC companies, as the stock gets prominence, management is forced to share more info. But in some cases like the 2 you saw, management remains reluctant. Thus our wait does not change things and we are forced to move out. In the case od this agri stock though, returns were far more predictable and decent than Honeywell, Vidya
By the time I realised I kinda should stay away from stock recos issued long before I started my subscription it was late and I already invested in way too many ancient recommendations – one of them is this one (faaaaar from “a profit”) 🙂
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