Genesys International - Buy and Hold forever

[mani.buzzingstocks]

Thursday, April 15, 2010
http://www.buzzingstocktips.com/2010...-and-hold.html

Type of Call: Buy / accumulate and hold forever.
CMP / Reco Price : 143
Target : NA
SL : NA

The Company, together with its subsidiaries, offers digital imaging services, computer software and geospatial services and content. GPS is one of the future segments to watch.
Even the best of the stocks need to be bought at a bargain. Historically, Genesys has corrected 20% from its peak. Taking current peak 330, its not expected to correct below 270. Use levels 270 - 285 to accumulate this stock for both short term and long term returns.
Strengths:
1. Sector
2. Good cash balance
3. ZERO debt since 2009

[asterixobelix]

what would be the approximate target for 1 year. How long do you expect for the stock to mature?

[asterixobelix]

the current market price is around Rs191.80. Can i enter at this level?

[mani.buzzingstocks]

the current market price is around Rs191.80. Can i enter at this level?

I would expect the stock to be over 300 easily a year from now ... GPS is just picking up in India and this is a must buy and keep accumulating and hold for next 10 years !

[rmani84]

You wont get a better opportunity to buy Genesys !

[swingtrade]

Genesys International Corporation has reported a sales turnover of Rs 24.57 crore and a net profit of Rs 13.62 crore for the quarter ended Dec '10