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Friday 3 March 2017

Gee Ltd: A Microcap for Large returns

Co is in biz of Welding accessories ( same as Esab), profit making. Promoter holds 74.42% of 4.72cr equity.

Gee has big parcel of land on Mumbai border. JV agreement signed to build IT park. As per terms of JV, developer will bear cost of construction and *Gee will get around 2.75 lac square feet space which can give 18cr per annum as lease rent*. Stock can be in 3 digits.
Gee Ltd will have uninterrupted annual income of lease rent. _Mini Ruby Mills in making_

Full report will be released tomorrow. This snapshot for benefit of Den of Wealth members

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