[Stock note]: Ashapura Minechem – 12 + bagger case study…How to identify such stocks early?
Everyone is looking for turnaround opportunities that can turn out to be multibaggers. The question is – How does one screen for such stocks? We believe one good way to screen for such stocks is as follows: Look for Preferential allotment of warrants/shares to Promoters/Insiders in companies in which there’s been a decent correction in stock price (40-50% or more) and the major or the entire allocation is to Promoters/Insiders. Let’s look at a case study – Ashapura Minechem. Important: We are evaluating a few stocks for “Insider Bets“ subscription and will…