It is now a bolt from the sky. Yes, i am speaking about SE Investments Ltd, the only listed MFI of considerable size currently. With the SKS Microfinance IPO, the name of SEIL is suddenly everywhere. Analysts on channels speak about this company, Brokerage reports speak about this company, even SBI Caps has come out with a BUY report on the company, its name is now present in all the discussion forums, there is a BUY rating on this counter, ppl call it a Multibagger and the price targets are flying around.
But, just rewind 8 months from now.
It was then a 100 Crore Market cap company. You will not find its name anywhere. Leave out SEIL, nobody knew there was a MFI listed on the exchanges. Even after index doubled from its Mar 2009 lows, this counter was lying in the dust not even recovering by 75%.
And that was the time the Multibagger package could see what it was really worth and what it can become. It selected SEIL as the 10in3 for the month of Nov 2009 and went ahead with its recommendations. And today, we are happy to see smiles on our customers who have created huge wealth with just this one counter.
It is not the case with SEIL alone. We try to do it with each and every 10in3. We try to come out with a wealth creating story with each and every recommendation. And i am pretty much sure that there are wonderful stories still lying around in our recommendations even after generating impressive returns.
And this does not really mean that we do not commit mistakes. If i were to tell you that all our recommendations have worked or will work, i am simply lying to you. Yes, we have committed mistakes as well. I am not entirely sure if these mistakes can be avoided, though we try to do it. But, we try make sure that the hits are exceptionally high and when something hits, it creates huge wealth.
To access the Multibagger Demo doc and the recent performance - Click HERE
$Multibagger package Team
Arun@hbjcapital.com

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