MOST LIKELY MULTIBAGGER

_MAGNUM VENTURES LTD_

Post GST, promoters will be forced to be investor friendly:
1) In hotel industry, it was not uncommon to take CASH payment for banquet functions. It was double whammy for hotel bottom line as F&B purchase in co a/c but revenue nil. Now, it has become nearly impossible. Hence, hotel division of MVL should stop incurring losses

2) Paper Division: Paper industry too had significant cash sales.  Now paper division 85000 tonnes of MVL can have hugely improved margins

3) Paper plant has 10acres land, of which only 5acres is occupies

4) Finally, once transfer of debt to ARC and 50% haircut is formally announced by co, stock will stand RERATED

Current mktcap is half of 2017 high and tiny by any yardstick

We will not be surprised if MVL quotes in 3 digits in 2019(Investors may be reminded that we had advised buy on Star Paper at Rs 7 in 2014)