A2Z Maintenance and Engineering Services

Alchemist

Administrator
Staff member
#2
Today A2Z Maintenance closed at Rs 17.45.

The company had issued shares at Rs 400 per share in December 2010.

3 directors have resigned in last one month.
 

San Yad

Active member
#4
I am not sure how much stake Mr Jhujhunwala is still holding in this company?

He might have disposed the major stake and just holding a part of it.

Even company files bankruptcy and share price goes NIL then also he might be in profit.

Just thinking I am not sure and don't track his portfolio.

One thing I know such people never be losser.

They become partner of the company much earlier before listing and recover their capital first day of the listing itself.

Remaining capital is just their profit which came from share market.

They just keep it and let people show that he is still the shareholder.

Happy Investing!
 

magnet

Active member
#5
Today A2Z Maintenance closed at Rs 17.45.

The company had issued shares at Rs 400 per share in December 2010.

3 directors have resigned in last one month.
I don't remember properly but I read somewhere that Rakesh's big hit happen in some 20-40% of stock he hold whereas in other 60-80% his returns were miserable.Bottom line of that article was not to follow blindly his strategy and once he gains big money then only those stocks are disclosed and when it's down, one find its tough to find whether him or his enterprises still hold stocks unless quarter ends.
 

Alchemist

Administrator
Staff member
#6
Bottom line of that article was not to follow blindly his strategy
Actually, people should follow his strategy if they really know his strategy.

Most people think that Jhunjhunwala is just an investor, which is nowhere near the truth.

He is an investor, a trader and maybe an operator too.

He buys different stocks for different reasons. Unless investors can really read his mind (which is impossible), they shouldn't follow him blindly.

I guess A2Z just used "Jhunjhunwala" brand to sell shares at exorbitant prices.
 
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