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It is coming under manufacturing sector which tax relief was declared recently.@Hope123 wrote:What will happen to DOCK? today it was 100% buying. Can we expect a run? 29th Nov this was gone up to Rs. 68 parallel accumulation with COLO? Appreciate your comments in advance.
@Jay-Jay wrote:There are four events to consider when forecasting the COLO future as follows,
* COLO to acquire " United Motors " as rumors says.
** COLO hasnt done a revaluation on their land for the last 7 years .
*** Strong investment portfolio.
**** Long awaited proposed mixed development in their Union Place land.
1) UML deal . - NAV of COLO will rise to Rs 350/- to Rs 400/-
2) Revaluation of land - NAV will rise to Rs 500/- to Rs 600/-
3) Appreciation of the investment portfolio - NAV will be around Rs 700 - Rs 800/-
4) Mixed development - NAV will rise to Rs 1000/ to Rs 1200/-
Hence it is obvious that COLO will trade in a very higher price in coming few months .
PHAR share is the example. PHAR was trading around Rs 60- 70 and shot upto Rs 3000/- once .
Same possibility is with the COLO share , and my view is COLO is far better than PHAR .
Last edited by KavinduTM on Thu Jan 30, 2020 1:13 pm; edited 1 time in total (Reason for editing : Mistake)
COLO will start fresh soon to its journey to 100 levels.
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