Thursday, October 15, 2009

Shanthi Gears (SHNT - Bombay) - 40% gain in 30 days

Readers may have noted that Gudovac rarely recommends buying an Enterprise at Mr. Market;s price.  

One Enterprise Gudovac recommended buying was Shanthi Gears. On August 11, He suggested that its then price of 37 Rs per common was good value.  

Today, Shanthi closed above 52 Rs.

Since August 11th, Readers would have earned a 40% return on their investment. Not bad for 30 days work. 

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