Mkt Update 25/11/2011 : Investors sitting with cash could now start buying A Grade stocks. I would deploy at least 50% of my cash in building a solid portfolio now. A year end rally may be on the cards.
Cheers!
Friday, November 25, 2011
Wednesday, November 23, 2011
The Carnage in the Market
There is blood on the streets and everyone's thinking when will this carnage end? Stocks across the board have fallen anywhere between 50 to 90% in the last one year irrespective of their fundamentals. Is this a synchronized bear cartel hammering that is happening across the globe? It could be. Or it could be a natural manifestation of the socio-economic-political problems that the world is going through at this time. Remember the Mayan calendar ends on 21.12.2012. Is the current carnage a pre-cursor for things to come? Is apocalypse coming?
There is unrest in many parts of the world. There is a huge gap between the rich and the poor. The concentration of power & wealth is right now in the hands of a few. Things are coming to a head for a final, all out battle between the haves and the have nots. So when the rest of the world is in turmoil, it would be foolhardy to expect a smooth ride in the stock markets. The erstwhile normal bullish/bearish cycles have shrunk considerably and volatility has risen multifold.
One thing is certain. The world is changing, and it's changing very rapidly. So the best we can do is to be ready for change. A new scenario will emerge out of the current turmoil and only those who are adaptable will survive.
Cheers!
There is unrest in many parts of the world. There is a huge gap between the rich and the poor. The concentration of power & wealth is right now in the hands of a few. Things are coming to a head for a final, all out battle between the haves and the have nots. So when the rest of the world is in turmoil, it would be foolhardy to expect a smooth ride in the stock markets. The erstwhile normal bullish/bearish cycles have shrunk considerably and volatility has risen multifold.
One thing is certain. The world is changing, and it's changing very rapidly. So the best we can do is to be ready for change. A new scenario will emerge out of the current turmoil and only those who are adaptable will survive.
Cheers!
Tuesday, November 1, 2011
Hot Pick : CREW B.O.S. PRODUCTS LTD
Last time I had recommended this stock in 2009, it went up 12 times in
approximately one year. See the given link to the old post :
http://superstargems.blogspot.com/2009/02/hot-pick-crew-bos-products-limited.html
Now this stock is again available at a mouth-watering price. I would accumulate
this stock as much as I can. Current price :35-36, Target price :100+
Time frame : 1year
Cheers!
approximately one year. See the given link to the old post :
http://superstargems.blogspot.com/2009/02/hot-pick-crew-bos-products-limited.html
Now this stock is again available at a mouth-watering price. I would accumulate
this stock as much as I can. Current price :35-36, Target price :100+
Time frame : 1year
Cheers!
Thursday, September 15, 2011
Hot Pick : GTL LTD. BSE Code 500160 NSE Code : GTL
Not much is required to say about this company, GTL, which is quite a well researched stock and followed extensively by experienced market movers & shakers.
For info about the company, go here : http://www.gtllimited.com
So I'll come straight to the point. This stock used to trade consistently at 462 levels not so long ago, but was hammered down to 120 levels in a single day. Currently trading at a mouth-watering price of just 63.50, the POTENTIAL FOR UPSIDE IN THIS STOCK IS HUGE! The latest news on the company is that there is going to be a lenders meeting on the 19th September which will take forward the CDR process. The management has also proposed a DIVIDEND of 10%. The company is in the booming Telecom and Cell Towers business and there are number of interested Buyers for this company should it come up for sale. Among those rumored to be interested in buying this company are VIOM Networks (TATA group), Srei Infra, Reliance ADAG (Anil), Reliance Ind (Mukesh), and WIPRO (Premji).
This is a low risk and high return stock which should not be missed. The BOOK VALUE of the stock itself is 132.
Cheers!
For info about the company, go here : http://www.gtllimited.com
So I'll come straight to the point. This stock used to trade consistently at 462 levels not so long ago, but was hammered down to 120 levels in a single day. Currently trading at a mouth-watering price of just 63.50, the POTENTIAL FOR UPSIDE IN THIS STOCK IS HUGE! The latest news on the company is that there is going to be a lenders meeting on the 19th September which will take forward the CDR process. The management has also proposed a DIVIDEND of 10%. The company is in the booming Telecom and Cell Towers business and there are number of interested Buyers for this company should it come up for sale. Among those rumored to be interested in buying this company are VIOM Networks (TATA group), Srei Infra, Reliance ADAG (Anil), Reliance Ind (Mukesh), and WIPRO (Premji).
This is a low risk and high return stock which should not be missed. The BOOK VALUE of the stock itself is 132.
Cheers!
Friday, August 19, 2011
Hot Pick : Alok Industries Bse Code : 521070 Nse Code : ALOKTEXT
Time to re-visit Alok Industries. Last time I had recommended the stock at the price of 21 it went straight up and made a high of 35. Currently the stock is quoting very cheap at around 16.50. Book Value itself was 34.48 in March,2010 Source : http://www.moneycontrol.com/financials/alokindustries/balance-sheet/AI54 The current Book Value would be even more. Right now this stock is trading so cheap only because of the depressed market sentiment throughout the world markets.
It is currently trading at a ridiculously cheap PE ratio of just 3.4. The fair PE Ratio for such a company should not be less than 7. Which gives us a target of around 35-36 in the medium term. Not only is this stock trading at very low PE levels, technically also it looks ripe for a big bounce. The management is looking to reduce its debt levels and has aggressive growth plans. Alok Industries is a fully integrated textile company and is amongst India’s largest textile manufacturers. It has state of the art manufacturing facilities and boasts of the highest quality standards. Moreover, they have a land bank in Mumbai valued at 2000 crores plus. They are going to sell this land within this financial year and all this money will go into retiring its debt. The Promoters are using the opportunity presented by the weak global sentiment to increase their stake. A dividend has also been declared.
This stock is a potential multi-bagger for seasoned investors.
Company website : http://www.alokind.com/
It is currently trading at a ridiculously cheap PE ratio of just 3.4. The fair PE Ratio for such a company should not be less than 7. Which gives us a target of around 35-36 in the medium term. Not only is this stock trading at very low PE levels, technically also it looks ripe for a big bounce. The management is looking to reduce its debt levels and has aggressive growth plans. Alok Industries is a fully integrated textile company and is amongst India’s largest textile manufacturers. It has state of the art manufacturing facilities and boasts of the highest quality standards. Moreover, they have a land bank in Mumbai valued at 2000 crores plus. They are going to sell this land within this financial year and all this money will go into retiring its debt. The Promoters are using the opportunity presented by the weak global sentiment to increase their stake. A dividend has also been declared.
This stock is a potential multi-bagger for seasoned investors.
Company website : http://www.alokind.com/
Saturday, July 2, 2011
Hot Pick, Potential Goldmine : Koutons Retail India Ltd. Bse Code:
Koutons Retail India Ltd. had seen a stupendous rise in the retail sector in the last decade. It has built a brand name for itself and was the pioneer in this business. In 2007 they came out with an IPO priced at Rs.415 per share. The issue got over subscribed and the stock traded for more than double the issue price after listing. They have built a chain of over 900 stand alone stores and has a pan India presence.
But the company has hit upon hard times since the last one and a half years, mainly due to too fast expansion and bad debt management. The price of the share subsequently nosedived. At present, the scenario is that the company has initiated a CDR (Corporate Debt Restructuring) plan and the management is trying to salvage the situation and get the company back on track. The price of the share has fallen to an abysmal level of 26.50 right now. I reckon this is a stock aggressive investors & traders can pick up for a big bounce. If the CDR process gains momentum then this might even turn out to be a good long term investment. According to knowledgeable people, the Brand Value of 'KOUTONS' itself is worth much more than the current share price. So this is a stock which I would be willing to take a punt on. If it works, it could give huge gains.
Company website : http://www.koutonsparivar.com
Cheers!
But the company has hit upon hard times since the last one and a half years, mainly due to too fast expansion and bad debt management. The price of the share subsequently nosedived. At present, the scenario is that the company has initiated a CDR (Corporate Debt Restructuring) plan and the management is trying to salvage the situation and get the company back on track. The price of the share has fallen to an abysmal level of 26.50 right now. I reckon this is a stock aggressive investors & traders can pick up for a big bounce. If the CDR process gains momentum then this might even turn out to be a good long term investment. According to knowledgeable people, the Brand Value of 'KOUTONS' itself is worth much more than the current share price. So this is a stock which I would be willing to take a punt on. If it works, it could give huge gains.
Company website : http://www.koutonsparivar.com
Cheers!
Tuesday, March 8, 2011
Hot Pick : Eros International Media Ltd. Bse Code: 533261
Eros International Media is a global player in the Media business operating on a vertically integrated studio model controlling content as well as distribution & exploitation across all formats globally, including cinema, digital, home entertainment and television syndication.
Established in 1977, Eros has over three decades of market leadership in creating a global platform for Indian cinema. The group has an enviable distribution network that spans across 50 countries and over 27 dubbed foreign languages, with offices in India, UK, USA, Dubai, Australia, Fiji, Isle of Man and Singapore. Eros has built a successful business model by combining the release of a portfolio of over 70 new films every year with the exploitation of a valuable film library of over 2000 film titles, making it undisputedly one of the largest content owners in the business.
In 2006, Eros plc, the holding company of the Eros Group, became the first Indian media company to obtain a listing on the Alternative Investment Market (AIM) of the London Stock Exchange.
The company came out with an IPO last year at a price of Rs. 175 per share which was heavily over-subscribed and it listed at a price of 213. At current price of 140, it is available at a massive discount to it's Ipo listing price. I believe this is only due to the current subdued overall market conditions, and fundamentally, this company is very sound. The company has been posting good Earnings consistently and the share is available in a single digit PE ratio, which is a steal for a front-line Media stock. The company has at least 10-12 BIG releases lined up this year. Films like Game starring Abhishek Bachchan, Zindagi Milegi Na Dobara, starring Hrithik Roshan, Abhay Deol, Mausam starring Shahid Kapoor, Ra-One starring Shahrukh Khan, Rana starring Rajnikant.....and the list goes on. To my mind, it's a great investment buy at current price and has the potential to give Multi-bagger gains.
Company websites: http://www.erosentertainment.com and http://www.erosintl.com
Cheers!
Established in 1977, Eros has over three decades of market leadership in creating a global platform for Indian cinema. The group has an enviable distribution network that spans across 50 countries and over 27 dubbed foreign languages, with offices in India, UK, USA, Dubai, Australia, Fiji, Isle of Man and Singapore. Eros has built a successful business model by combining the release of a portfolio of over 70 new films every year with the exploitation of a valuable film library of over 2000 film titles, making it undisputedly one of the largest content owners in the business.
In 2006, Eros plc, the holding company of the Eros Group, became the first Indian media company to obtain a listing on the Alternative Investment Market (AIM) of the London Stock Exchange.
The company came out with an IPO last year at a price of Rs. 175 per share which was heavily over-subscribed and it listed at a price of 213. At current price of 140, it is available at a massive discount to it's Ipo listing price. I believe this is only due to the current subdued overall market conditions, and fundamentally, this company is very sound. The company has been posting good Earnings consistently and the share is available in a single digit PE ratio, which is a steal for a front-line Media stock. The company has at least 10-12 BIG releases lined up this year. Films like Game starring Abhishek Bachchan, Zindagi Milegi Na Dobara, starring Hrithik Roshan, Abhay Deol, Mausam starring Shahid Kapoor, Ra-One starring Shahrukh Khan, Rana starring Rajnikant.....and the list goes on. To my mind, it's a great investment buy at current price and has the potential to give Multi-bagger gains.
Company websites: http://www.erosentertainment.com and http://www.erosintl.com
Cheers!
Monday, January 3, 2011
Hot Pick : Geodesic Ltd. Bse Code : 503699
Geodesic Ltd (formerly Geodesic Information Systems Ltd) was incorporated in 1999 by Pankaj Kumar, Kiran Kulkarni, Prashant Mulekar and Mahesh Murthy. A publicly traded company, Geodesic is listed on the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE) and its Foreign Currency Convertible Bonds (FCCB) is on the Singapore Stock Exchange. With twelve offices spread across the globe, four marketing partners and 525 employees, Geodesic earned revenues of US$ 133 million and a net profit of US$ 52 million during FY 2009. Geodesic's first half of 2010 revenues stood at US$ 60 million with a net profit of US$ 24 million.
Geodesic's real time content, communication and collaboration platform, in conjunction with a powerful Customer Alignment and Relationship management (CRM), works seamlessly across the web, desktops and mobile devices. The flexible and scalable platform addresses both the retail and the enterprise segment, and has been well received by the banking and financial services industry, portals and publishers, enterprises including SMEs, mobile device manufacturers, telecom operators and retail mobile users.
In its constant quest to evolve and expand its suite of products and solutions across segments and new geographies, Geodesic acquired
•Picopeta Simputers Pvt Ltd, a Bangalore-based company, engaged in building hand held devices and solutions for the developing world.
•Engage Solutions, a Hong Kong-based software solutions company for its comprehensive Customer Alignment and Relationship Management solution.
•Swedish firm, Clangula IT to address the lucrative North European markets and work closely with handset manufacturers.
•E Dot Solutions, a web 2.0 company engaged in large portal deployments.
•Chandamama India Ltd - the number 1 Indian children's print magazine for the purpose of acquiring content - digitizing and mobilizing it to address the growing retail mobile users.
•Interactive Networks Inc., a Latin America-based software provider of advanced instant messaging and value added solutions. This acquisition expanded Geodesic's product profile and reach beyond India, Europe, Asia and the US into South America and Africa.
A proud recipient of several international awards including Deloitte Touche Tohomatsu Fast 50 and Fast 500 Asia Pacific for five consecutive years, Red Herring 'Top World 100' small cap technology companies in 2005, Geodesic has been featured in Forbes 200 'Best under a Billion-Asia Pacific' for 2008 and 2009.
Geodesic's Mundu IM and Mundu Radio have been adjudged as the one of the top 10 and top 12 mobile products by C|net and PC Magazine respectively, not to mention Mundu IM winning the best mobile internet service at GSM Asia for the year 2009.
Geodesic recently made a buy back offer at a maximum price of Rs.150 per share. It's 52 Week high is 147 plus, and currently trading at a mouth-watering price of just 83, this stock is going to be a Fund Manager's delight in the coming year! The fundamentals of the company are excellent with Half year eps for current financial year at 17.85 already in the bag. The expected eps for full year is likely to be in the Rs.35-40 range, this stock is currently available at a PE of less than 3! PE ratios of peer companies range from 12-25. This tells you how much scope for appreciation is there in this stock. The stock should ideally trade in the Rs. 450-500 range based on current fundamentals. This stock is definitely a potential multi-bagger for 2011. Happy investing & Happy New Year!
Cheers!
Company website: www.geodesic.com
Geodesic's real time content, communication and collaboration platform, in conjunction with a powerful Customer Alignment and Relationship management (CRM), works seamlessly across the web, desktops and mobile devices. The flexible and scalable platform addresses both the retail and the enterprise segment, and has been well received by the banking and financial services industry, portals and publishers, enterprises including SMEs, mobile device manufacturers, telecom operators and retail mobile users.
In its constant quest to evolve and expand its suite of products and solutions across segments and new geographies, Geodesic acquired
•Picopeta Simputers Pvt Ltd, a Bangalore-based company, engaged in building hand held devices and solutions for the developing world.
•Engage Solutions, a Hong Kong-based software solutions company for its comprehensive Customer Alignment and Relationship Management solution.
•Swedish firm, Clangula IT to address the lucrative North European markets and work closely with handset manufacturers.
•E Dot Solutions, a web 2.0 company engaged in large portal deployments.
•Chandamama India Ltd - the number 1 Indian children's print magazine for the purpose of acquiring content - digitizing and mobilizing it to address the growing retail mobile users.
•Interactive Networks Inc., a Latin America-based software provider of advanced instant messaging and value added solutions. This acquisition expanded Geodesic's product profile and reach beyond India, Europe, Asia and the US into South America and Africa.
A proud recipient of several international awards including Deloitte Touche Tohomatsu Fast 50 and Fast 500 Asia Pacific for five consecutive years, Red Herring 'Top World 100' small cap technology companies in 2005, Geodesic has been featured in Forbes 200 'Best under a Billion-Asia Pacific' for 2008 and 2009.
Geodesic's Mundu IM and Mundu Radio have been adjudged as the one of the top 10 and top 12 mobile products by C|net and PC Magazine respectively, not to mention Mundu IM winning the best mobile internet service at GSM Asia for the year 2009.
Geodesic recently made a buy back offer at a maximum price of Rs.150 per share. It's 52 Week high is 147 plus, and currently trading at a mouth-watering price of just 83, this stock is going to be a Fund Manager's delight in the coming year! The fundamentals of the company are excellent with Half year eps for current financial year at 17.85 already in the bag. The expected eps for full year is likely to be in the Rs.35-40 range, this stock is currently available at a PE of less than 3! PE ratios of peer companies range from 12-25. This tells you how much scope for appreciation is there in this stock. The stock should ideally trade in the Rs. 450-500 range based on current fundamentals. This stock is definitely a potential multi-bagger for 2011. Happy investing & Happy New Year!
Cheers!
Company website: www.geodesic.com
Monday, November 29, 2010
Mindblowing Results Posted by Southern Ispat & Energy Ltd. BSE Code: 531645
The Board of Southern Ispat & Energy Ltd. have just declared the Audited Results for 15 months ended June 30, 2010. Income from Operations and others has gone up from 392.61 million to 3288.71 million. That's an almost 900% jump! Cash EPS (earnings per share) has gone up from 1.39 to 8.55! WOW! If the company maintains this scorching pace of growth in the December quarter also, then this stock should quote at a price of 66 in the next six months. And right now, the stock is available at dirt cheap levels, due to the overall market correction. VERY STRONG BUY.
See the results here for yourself : http://www.bseindia.com/xml-data/corpfiling/AttachHis/Southern_Ispat_and_Energy_Ltd_291110_Rst.pdf
See the results here for yourself : http://www.bseindia.com/xml-data/corpfiling/AttachHis/Southern_Ispat_and_Energy_Ltd_291110_Rst.pdf
Monday, November 1, 2010
Potential GOLDMINE : Southern Ispat & Energy Ltd. Bse Code: 531645
Southern Ispat & Energy Ltd. has declared its results for the quarter ended September 2010. Total income came in at Rs 113.24 crore as compared to Rs 32.3 crore, a 251% jump YoY. It reported an 879% jump in net profit of Rs 7.34 crore versus Rs 75 lakh, YoY. In an interview with CNBC-TV18, Vivek Agarwal, CMD, Southern Ispat & Energy gave his perspective on the quarter gone by and the road ahead. I will encourage you to go here to see/read the full interview with the CMD, and understand its impact :
http://indiaearnings.moneycontrol.com/sub_india/compnews.php?autono=495548
Founded in 1995 as SOUTHERN ISPAT LIMITED by Agarwal Group. The name of the Company was changed to SOUTHERN ISPAT & ENERGY LIMITED with effect from 18th September 2008. SIEL is engaged in the manufacture of Steel Billets based out of Kerala. From its humble beginning 15 years ago as a steel billets manufacturing company, SIEL is diversifying itself in to a chain of businesses in steel sector and is all set to became the only integrated Company manufacturing from iron ore to machine flanges under one roof. They are looking at an acquisition in Gujarat, a steel plant which is into alloy steel flanges. So that will be another move. To cater to all this they are looking for a mine in Chattarpur district which they will be signing in the next week. So the acquisition of the plant in Gujarat and the iron ore both they will be signing in the next week.
This share has seen highs of 48.60 as recently as Jan, 2010. And currently trading at just 11.50 at a very low single digit PE ratio. It's trading at a massive discount to even its current Book Value. From all parameters, this stock is a SCREAMING BUY right now! I will not be surprised if this stock goes on to be the Multi Multi-Bagger of the year 2011. A potential GOLDMINE for sure!
Company website : http://southernispatltd.com/index.html
Cheers!
http://indiaearnings.moneycontrol.com/sub_india/compnews.php?autono=495548
Founded in 1995 as SOUTHERN ISPAT LIMITED by Agarwal Group. The name of the Company was changed to SOUTHERN ISPAT & ENERGY LIMITED with effect from 18th September 2008. SIEL is engaged in the manufacture of Steel Billets based out of Kerala. From its humble beginning 15 years ago as a steel billets manufacturing company, SIEL is diversifying itself in to a chain of businesses in steel sector and is all set to became the only integrated Company manufacturing from iron ore to machine flanges under one roof. They are looking at an acquisition in Gujarat, a steel plant which is into alloy steel flanges. So that will be another move. To cater to all this they are looking for a mine in Chattarpur district which they will be signing in the next week. So the acquisition of the plant in Gujarat and the iron ore both they will be signing in the next week.
This share has seen highs of 48.60 as recently as Jan, 2010. And currently trading at just 11.50 at a very low single digit PE ratio. It's trading at a massive discount to even its current Book Value. From all parameters, this stock is a SCREAMING BUY right now! I will not be surprised if this stock goes on to be the Multi Multi-Bagger of the year 2011. A potential GOLDMINE for sure!
Company website : http://southernispatltd.com/index.html
Cheers!
Monday, October 25, 2010
Potential GOLDMINE : K Sera Sera Productions UPDATE
K Sera Sera Productions has just released its results, and they are very good. The company has posted an EPS of 2.03 for Sept qtr. Half Year EPS already at 3.24. With annualized EPS of 6.5, this share is trading at a ridiculously cheap PE ratio of just 2. No other media company is available at such a cheap PE ratio. Average PE ratios of most media companies range from 15-30. Even if we give a conservative PE ratio of 10 to it, then the stock price should be at 65 (6.5x10=65).
Apart from the stupendous results, the company has also announced the following along with its results:
1.K Sera Sera Miniplex Pvt Ltd (a wholly owned subsidiary of K Sera Sera) has successfully tied its presence for miniplex theatres in 60 districts with 128 screens across India.
2.K Sera Sera Technologies Pvt Ltd (a wholly owned subsidiary) after successfully developing its mastering software is now conducting trial runs and would be commercially launching the technology under the brand name 'skycinex' in near future. Further, the company intends to convert about 3000 existing cinemas in India into 'skycinex' technology within a span of 3 years.
3.K Sera Sera Productions FZE, Dubai (a wholly owned subsidiary) announced the successful establishment of its wholly owned Australian company under the name of K Sera Sera Holdings Pty Ltd. (ACN No. 146 219 865). The main objects of this new subsidiary inter-alia are mining, oil and gas, natural resources and acquisition on a global platform.
4.K Sera Sera Box Office Pvt Ltd. (wholly owned subsidiary) is releasing its forthcoming film titled, '332 Mumbai To India' on 19th November, 2010.
5.K Sera Sera Productions FZE, Dubai (wholly owned subsidiary) have planned the launch of its B2C online shopping portal, 'kbazzar.com' in early November, 2010. This shopping portal will host approximately 10 million products ranging from books to cars.
6.Since the company is now a diversified entity with presence in various sectors, it is prudent to change the name in line with the new image. Appropriate steps are being taken for the same.
In light of the above stated corporate developments in K Sera Sera, the stock is a potential GOLDMINE. I would ACCUMULATE.
Website : www.kserasera.com
Cheers!
Apart from the stupendous results, the company has also announced the following along with its results:
1.K Sera Sera Miniplex Pvt Ltd (a wholly owned subsidiary of K Sera Sera) has successfully tied its presence for miniplex theatres in 60 districts with 128 screens across India.
2.K Sera Sera Technologies Pvt Ltd (a wholly owned subsidiary) after successfully developing its mastering software is now conducting trial runs and would be commercially launching the technology under the brand name 'skycinex' in near future. Further, the company intends to convert about 3000 existing cinemas in India into 'skycinex' technology within a span of 3 years.
3.K Sera Sera Productions FZE, Dubai (a wholly owned subsidiary) announced the successful establishment of its wholly owned Australian company under the name of K Sera Sera Holdings Pty Ltd. (ACN No. 146 219 865). The main objects of this new subsidiary inter-alia are mining, oil and gas, natural resources and acquisition on a global platform.
4.K Sera Sera Box Office Pvt Ltd. (wholly owned subsidiary) is releasing its forthcoming film titled, '332 Mumbai To India' on 19th November, 2010.
5.K Sera Sera Productions FZE, Dubai (wholly owned subsidiary) have planned the launch of its B2C online shopping portal, 'kbazzar.com' in early November, 2010. This shopping portal will host approximately 10 million products ranging from books to cars.
6.Since the company is now a diversified entity with presence in various sectors, it is prudent to change the name in line with the new image. Appropriate steps are being taken for the same.
In light of the above stated corporate developments in K Sera Sera, the stock is a potential GOLDMINE. I would ACCUMULATE.
Website : www.kserasera.com
Cheers!
Monday, October 11, 2010
Hot Pick : ALOK INDUSTRIES BSE CODE : 521070 NSE CODE : ALOKTEXT
Time to re-visit Alok Industries. Last year I had recommended the stock at the price of 13.60 with an initial target of 25, which was immediately met. Currently the stock is quoting very cheap at around 21.60 levels. Book Value itself is 34.48 (March,2010) Source : http://www.moneycontrol.com/financials/alokindustries/balance-sheet/AI54
Not only is this stock trading at very low PE levels, technically also it looks ripe for a breakout after a long consolidation. The management is looking to reduce its debt levels and has aggressive growth plans. Alok Industries is a fully integrated textile company and is amongst India’s largest textile manufacturers. It has state of the art manufacturing facilities and boasts of the highest quality standards.
This stock is a potential multi-bagger for seasoned investors.
Company website : http://www.alokind.com/
Not only is this stock trading at very low PE levels, technically also it looks ripe for a breakout after a long consolidation. The management is looking to reduce its debt levels and has aggressive growth plans. Alok Industries is a fully integrated textile company and is amongst India’s largest textile manufacturers. It has state of the art manufacturing facilities and boasts of the highest quality standards.
This stock is a potential multi-bagger for seasoned investors.
Company website : http://www.alokind.com/
Friday, October 1, 2010
Potential GOLDMINE : Cronimet Alloys India Ltd Bse code: 532990
Cronimet Alloys India Ltd (previously GMR Ferro Alloys) is a ferro alloys company, engaged in the manufacture of high carbon ferro-chrome for use in the stainless steel industry. It was created by GMR Industries Ltd by spinning off its metallurgical division in April 2006. It has a high carbon ferro-chrome manufacturing facility in Srikakulam district of Andhra Pradesh., and has an installed capacity of producing 25,000 MT ferro chrome in two grades, high silicon and low silicon.
Cronimet Mercon Invest Ltd (a Dubai based MNC) has completed the acquisition of GMR Ferro Alloys and Industries Ltd, part of the GMR Group which is into diversified infrastructure sectors. Post this development, the company has been renamed as Cronimet Alloys India Ltd. Consequent to the acquisition, Cronimet has shifted the headquarters of GMR Ferro Alloys from Hyderabad to Tekkali in Srikakulam district. This is a tightly held company. Cronimet MNC's holding in the company has increased to 70.48%. There is very little free floating stock of this company in the market which is fast drying up. The company posted an EPS of 3.82 in the June quarter, which means that on an annualized basis, the stock is trading at a very cheap PE ratio of just over 5. With the kind of growth the company is poised to make in the next few years, this stock can be a potential GOLDMINE.
Technically, the Cronimet Alloys India Ltd stock is making new highs and as there is hardly any floating stock left in the market, those who enter the stock quickly can possibly make huge gains.
Cheers!
Cronimet Mercon Invest Ltd (a Dubai based MNC) has completed the acquisition of GMR Ferro Alloys and Industries Ltd, part of the GMR Group which is into diversified infrastructure sectors. Post this development, the company has been renamed as Cronimet Alloys India Ltd. Consequent to the acquisition, Cronimet has shifted the headquarters of GMR Ferro Alloys from Hyderabad to Tekkali in Srikakulam district. This is a tightly held company. Cronimet MNC's holding in the company has increased to 70.48%. There is very little free floating stock of this company in the market which is fast drying up. The company posted an EPS of 3.82 in the June quarter, which means that on an annualized basis, the stock is trading at a very cheap PE ratio of just over 5. With the kind of growth the company is poised to make in the next few years, this stock can be a potential GOLDMINE.
Technically, the Cronimet Alloys India Ltd stock is making new highs and as there is hardly any floating stock left in the market, those who enter the stock quickly can possibly make huge gains.
Cheers!
Friday, September 3, 2010
Hot Pick: K Sera Sera Nse: KSERAPRO Bse: 532081
K Sera Sera has posted excellent June quarter figures. Operating Profit Margin increased from 17.36 to 38.66 and Net Profit Margin increased from 28.58 to 35.87 qtr on qtr sequentially. Income from Operations went up from 465 million to 608 million and Net Profit jumped to 252 million as compared to 181 million in the same quarter last year (Consolidated figures). Standalone Income from Operations jumped from 27.6 million to 233.8 million. Here are some salient points of the last quarter results which would qualify this stock as a buy at current price:
1. K Sera Sera Pvt. Ltd has launched its Greenfield technology of converting a full length 2D feature film into 3D content within just 24 hours.
2. K Sera Sera Miniplex Pvt. Ltd has successfully locked 70 screens across various districts in India.
3. K Sera Sera Box Office Pvt. Ltd is all set to release two movies "332 Mumbai To India" in October and "Chatur Singh 2 Star" starring Sanjay Dutt & Ameesha Patel in November/December this year.
4. K Sera Sera's Television division has started the shows "The Roots" and "Stretch" on Sahara Network.
5. The registration on its portals, Kmediatalent & Klogtalent has reached above 8 lakhs.
6. Further, K Sera Sera Productions Ltd has invested 26.40 crores in Kamla Infrastructure Landmark (P) Ltd making it a holding company.
(Source : http://www.bseindia.com/xml-data/corpfiling/AttachHis/K_Sera_Sera_Productions_Ltd_130810_Rst.pdf)
The valuations of the company look very attractive as the consolidated EPS for June quarter alone stands at Rs 1.21. On an annualized basis, the stock is trading at a PE of just around 2.3 which is ridiculously cheap for a Media Stock. Technically, the stock has consolidated for nearly six months in the price range of 11.10-11.50 and looks ripe for a breakout.
Cheers!
1. K Sera Sera Pvt. Ltd has launched its Greenfield technology of converting a full length 2D feature film into 3D content within just 24 hours.
2. K Sera Sera Miniplex Pvt. Ltd has successfully locked 70 screens across various districts in India.
3. K Sera Sera Box Office Pvt. Ltd is all set to release two movies "332 Mumbai To India" in October and "Chatur Singh 2 Star" starring Sanjay Dutt & Ameesha Patel in November/December this year.
4. K Sera Sera's Television division has started the shows "The Roots" and "Stretch" on Sahara Network.
5. The registration on its portals, Kmediatalent & Klogtalent has reached above 8 lakhs.
6. Further, K Sera Sera Productions Ltd has invested 26.40 crores in Kamla Infrastructure Landmark (P) Ltd making it a holding company.
(Source : http://www.bseindia.com/xml-data/corpfiling/AttachHis/K_Sera_Sera_Productions_Ltd_130810_Rst.pdf)
The valuations of the company look very attractive as the consolidated EPS for June quarter alone stands at Rs 1.21. On an annualized basis, the stock is trading at a PE of just around 2.3 which is ridiculously cheap for a Media Stock. Technically, the stock has consolidated for nearly six months in the price range of 11.10-11.50 and looks ripe for a breakout.
Cheers!
Wednesday, August 25, 2010
Market at Inflection point
Hi friends,
The Markets are currently poised at an Inflection point at present levels of 5475-5500 (Nifty). An immediate Upside or downside of around 700 points may be in the offing. The view on Indian stock markets is broadly bullish so the chances are high that the breakout will be on an upside. Mid-Small caps with good fundamentals which have relatively underperformed the market in the last six months or so may come in the limelight. Very fast gains can be made in the next rally which can happen soon. My view on SHRI LAKSHMI COTSYN is ACCUMULATE. It is a definite MULTIBAGGER STOCK in the long term.
Cheers!
The Markets are currently poised at an Inflection point at present levels of 5475-5500 (Nifty). An immediate Upside or downside of around 700 points may be in the offing. The view on Indian stock markets is broadly bullish so the chances are high that the breakout will be on an upside. Mid-Small caps with good fundamentals which have relatively underperformed the market in the last six months or so may come in the limelight. Very fast gains can be made in the next rally which can happen soon. My view on SHRI LAKSHMI COTSYN is ACCUMULATE. It is a definite MULTIBAGGER STOCK in the long term.
Cheers!
Wednesday, June 23, 2010
Hot Pick : Shri Lakshmi Cotsyn Ltd. Bse Code: 526049
Shri Lakshmi Cotsyn Ltd. is a USD 250 million company. A premier manufacturer of home furnishing products and enjoys competency in manufacturing denim fabric, terry towels, bed linen, cotton fusible interlining, embroidered fabric, technical textile products and ballistic products.
An armoring division of Shri Lakshmi Cotsyn Ltd. (SLCL) has recently made an entry into India’s growing defence market with the launch of complete 360 degree armored vehicles for Indian armed forces and police. The company has introduced an exclusive range of uniquely designed models of 360 deg. protected Armored Vehicles which includes “DHRUV – ATC” (Armored troop career), “DRONA – MPV” (Blast & Mine protection vehicle) and “VIPER” (Fast Moving Attacking vehicle). The company engaged in processing a very wide range of end-to -end textile products has diversified its portfolio by getting into specialized armored vehicle segment.
The high-end 360 degree protected armored vehicle, which is a first- of its- kind in India with bullet, mine and blast proof capabilities will be showcased in New Delhi in October 2009.
The company has recently renamed Armet Armored Vehicles (India) Ltd. as Shri Lakshmi Defense Solution Limited, a 100% subsidiary of SLCL. It’s new unit near Kanpur, Uttar Pradesh has commenced commercial production and is in the process of delivering its first bullet proof vehicle “DHRUV” (Armor troop carrier) to Special Task Force.
The company imports chassis from reputed international firms like Ford Motor and General Motors and then fabricates indigenously at its plant. SLCL plans to make around 300-400 vehicles a year and expects a turnover of Rs 150 cr in the first year of its operation.
The company currently is in talks with Indian paramilitary forces and also some high-value customers in India, Europe and the Middle-East who want their vehicles to be armored with Level-B7 protection with bullet, mine and bomb-proof accessories. The armoring could cost anywhere between Rs 50 lakh to over Rs 1 crore, depending upon the accessories embedded in the vehicle.
Dr. M. P Agarwal, CMD, Shri Lakshmi Cotsyn Limited said in a recorded interview: “While presenting the Union Budget Finance Minister Pranab Mukherjee allocated $28 billion for defense which is the highest ever allocation for the defense sector. For SLCL it is a logical move to be part of the Indian government's efforts to broad base defense procurement from the private sector. We see significant growth opportunities in the domestic as well as global defense market. Our high-end 360 degree armored vehicle will aid security forces counter threat and enhance combat efficiency.”
“SLCL is an approved vendor with host of Indian defense establishments. The company has been already supplying safety textiles such as bio- chemical, high altitude fabric, bullet-proof jackets and bullet-proof helmets, camouflage fabrics, uniform fabric, IR fabric and carbon fabric to Indian defense establishments. The company post its exhibition in Delhi expects to fetch large orders for its 360 degree protection armored vehicle from Indian defense forces and state police forces. The order flow is expected to give significant boost to our commercial sales.” Dr Agarwal added.
At cmp of 140, the Stock is trading at a mouth-watering PE of just 2.5!! The Book Value of Shri Lakshmi Cotsyn Ltd. in June, 2009 itself was Rs. 175.33 (source: moneycontrol). Add to it the Enterprise Value and the Fair Value of such a high growth company should not be less than 500, giving it a fair PE ratio of 10. The company's business prospects are excellent and it has shown a growth of 63% in the last quarter as compared to the same quarter in the preceding year. The Promoters have increased their shareholding in the company from 43.31% in March, 2009 to 47.91% in March, 2010. To conclude, this stock is an excellent Investment Opportunity.
Company websites: http://www.shrilakshmi.in and http://www.shrilakshmicotsyn.com
Cheers!
An armoring division of Shri Lakshmi Cotsyn Ltd. (SLCL) has recently made an entry into India’s growing defence market with the launch of complete 360 degree armored vehicles for Indian armed forces and police. The company has introduced an exclusive range of uniquely designed models of 360 deg. protected Armored Vehicles which includes “DHRUV – ATC” (Armored troop career), “DRONA – MPV” (Blast & Mine protection vehicle) and “VIPER” (Fast Moving Attacking vehicle). The company engaged in processing a very wide range of end-to -end textile products has diversified its portfolio by getting into specialized armored vehicle segment.
The high-end 360 degree protected armored vehicle, which is a first- of its- kind in India with bullet, mine and blast proof capabilities will be showcased in New Delhi in October 2009.
The company has recently renamed Armet Armored Vehicles (India) Ltd. as Shri Lakshmi Defense Solution Limited, a 100% subsidiary of SLCL. It’s new unit near Kanpur, Uttar Pradesh has commenced commercial production and is in the process of delivering its first bullet proof vehicle “DHRUV” (Armor troop carrier) to Special Task Force.
The company imports chassis from reputed international firms like Ford Motor and General Motors and then fabricates indigenously at its plant. SLCL plans to make around 300-400 vehicles a year and expects a turnover of Rs 150 cr in the first year of its operation.
The company currently is in talks with Indian paramilitary forces and also some high-value customers in India, Europe and the Middle-East who want their vehicles to be armored with Level-B7 protection with bullet, mine and bomb-proof accessories. The armoring could cost anywhere between Rs 50 lakh to over Rs 1 crore, depending upon the accessories embedded in the vehicle.
Dr. M. P Agarwal, CMD, Shri Lakshmi Cotsyn Limited said in a recorded interview: “While presenting the Union Budget Finance Minister Pranab Mukherjee allocated $28 billion for defense which is the highest ever allocation for the defense sector. For SLCL it is a logical move to be part of the Indian government's efforts to broad base defense procurement from the private sector. We see significant growth opportunities in the domestic as well as global defense market. Our high-end 360 degree armored vehicle will aid security forces counter threat and enhance combat efficiency.”
“SLCL is an approved vendor with host of Indian defense establishments. The company has been already supplying safety textiles such as bio- chemical, high altitude fabric, bullet-proof jackets and bullet-proof helmets, camouflage fabrics, uniform fabric, IR fabric and carbon fabric to Indian defense establishments. The company post its exhibition in Delhi expects to fetch large orders for its 360 degree protection armored vehicle from Indian defense forces and state police forces. The order flow is expected to give significant boost to our commercial sales.” Dr Agarwal added.
At cmp of 140, the Stock is trading at a mouth-watering PE of just 2.5!! The Book Value of Shri Lakshmi Cotsyn Ltd. in June, 2009 itself was Rs. 175.33 (source: moneycontrol). Add to it the Enterprise Value and the Fair Value of such a high growth company should not be less than 500, giving it a fair PE ratio of 10. The company's business prospects are excellent and it has shown a growth of 63% in the last quarter as compared to the same quarter in the preceding year. The Promoters have increased their shareholding in the company from 43.31% in March, 2009 to 47.91% in March, 2010. To conclude, this stock is an excellent Investment Opportunity.
Company websites: http://www.shrilakshmi.in and http://www.shrilakshmicotsyn.com
Cheers!
Monday, March 15, 2010
Micro Technologies Revisited
Micro Technologies has corrected from its recent highs of 216. It's a fast growing company which is expanding in many world markets. Recent news : http://www.bseindia.com/qresann/news.asp?newsid=03c068ea-a37c-41fe-b1db-d5d41315d377
This stock is trading at a PE of just above 3, which is dirt cheap by any standards. The current Book Value of this stock is around 290, which means this stock is trading at a huge discount to its BV at cmp. Technically also, Micro Tech has corrected and consolidated at the present levels. The full year results are just a month away and they are expected to be very good. I think it's time for this stock to start flying again. Potential Multibagger. Company website: http://www.microtechnologies.net
Cheers!
This stock is trading at a PE of just above 3, which is dirt cheap by any standards. The current Book Value of this stock is around 290, which means this stock is trading at a huge discount to its BV at cmp. Technically also, Micro Tech has corrected and consolidated at the present levels. The full year results are just a month away and they are expected to be very good. I think it's time for this stock to start flying again. Potential Multibagger. Company website: http://www.microtechnologies.net
Cheers!
Wednesday, February 17, 2010
Hot Pick : Facor Alloys Ltd. Bse Code: 532656
Facor Alloys Ltd. is one of India's largest producers and exporters of Ferro Alloys, an essential ingredient for manufacture of Steel and Stainless Steel. It exports to several countries like Korea, Japan, Italy, Netherlands, USA, Turkey, China and Taiwan. Post trifurcation of the Facor group into 3 independent entities in 2004 under a demerger scheme, FACOR has the capacity to produce 65,000 TPA of Charge Chrome / Ferro Chrome and 2,50,000 TPA of Chrome Ore at its Plant in Orissa. It has also established a mining complex at Bhadrak in Orissa for the mining of Chrome Ore, the main raw material for the production of Charge Chrome/ Ferro Chrome. FACOR has been accredited with ISO 9001:2000 standard, which coupled with other control measures adopted by the Company, enables it to maintain its world wide status as a producer of quality products.
The stock has seen highs of around Rs.21 before the crash happened in 2008. At current price of just around 4.9, the stock is available at a good discount to its Book Value of nearly 5.86. The company is also looking at acquisitions of Chrome Ore mines abroad to expand its capacity. Once the acquisition is made, the stock can see a complete re-rating. At current valuations the stock looks very cheap and the future looks good for this stock.
Cheers!
The stock has seen highs of around Rs.21 before the crash happened in 2008. At current price of just around 4.9, the stock is available at a good discount to its Book Value of nearly 5.86. The company is also looking at acquisitions of Chrome Ore mines abroad to expand its capacity. Once the acquisition is made, the stock can see a complete re-rating. At current valuations the stock looks very cheap and the future looks good for this stock.
Cheers!
Friday, February 5, 2010
Hot Pick : GHCL Ltd. Bse Code : 500171
GHCL Ltd. is a leading Chemicals & Textiles company. The company is amongst the global leaders in manufacture and development of different varieties of Soda Ash. Soda Ash is an essential ingredient in the manufacture of detergent, soap, glass, sodium salts and dyes. It is widely used in textiles, paper, metallurgical industries and desalination plants. The Textile division at GHCL is a vertically integrated operation that manufactures premium quality Yarn, Griege Fabric and Home Textile products like Bed Linen, Curtains, Madeups and Cotton Yarn.
The two Spinning units located in Tamil Nadu have an installed capacity of 125,000 spindles manufacturing 100% Cotton and Polyester Cotton yarns. The manufacturing units at the Textile Company have state-of-the-art textile machinery from Reiter, Switzerland and Schlafhorst, Germany, among others to lend that cutting edge to Quality.
The production facilities are ISO 9001-2000 certified and also have been awarded the OKO-TEX certification from CITIVE, Portugal. Wind-power is used for generating and meeting out the energy requirement for the spinning operations, which is not only cost effective but also eco-friendly. See the company website: www.ghclindia.com
The stock is giving a very high dividend yield consistently, and at current market price of just 44.15, this stock is available at a steal. The PE ratio is just around 4. The Book Value as of March, 09 is a whopping 121.38 (source: religare technova) The stock has seen highs of around 185 in the December, 2007 Bull run and used to trade consistently around that level in the years 2006 & 2007. At current price this stock is trading at a deep discount to its peers like Tata Chemicals, United Phosphorus etc. and merits an investment buy.
Cheers!
The two Spinning units located in Tamil Nadu have an installed capacity of 125,000 spindles manufacturing 100% Cotton and Polyester Cotton yarns. The manufacturing units at the Textile Company have state-of-the-art textile machinery from Reiter, Switzerland and Schlafhorst, Germany, among others to lend that cutting edge to Quality.
The production facilities are ISO 9001-2000 certified and also have been awarded the OKO-TEX certification from CITIVE, Portugal. Wind-power is used for generating and meeting out the energy requirement for the spinning operations, which is not only cost effective but also eco-friendly. See the company website: www.ghclindia.com
The stock is giving a very high dividend yield consistently, and at current market price of just 44.15, this stock is available at a steal. The PE ratio is just around 4. The Book Value as of March, 09 is a whopping 121.38 (source: religare technova) The stock has seen highs of around 185 in the December, 2007 Bull run and used to trade consistently around that level in the years 2006 & 2007. At current price this stock is trading at a deep discount to its peers like Tata Chemicals, United Phosphorus etc. and merits an investment buy.
Cheers!
Tuesday, January 19, 2010
Hot Pick : Prithvi Information Solutions Ltd. Bse Code : 532675
Prithvi Information Solutions is a leading Technology solutions provider involved in the domains of technology outsourcing, process outsourcing, and intelligence solutions and networking solutions. The company aims to be a complete solutions provider and not just a plain vanilla software company. Founded in 1998, Prithvi has offices in USA, Netherlands, Middle East, Singapore and India. It is headquartered in Hyderabad, India. The company is ranked as the 12th largest IT service exporter in India in FY 2008-09 by NASSCOM. Ranked among Deloitte Technology Fast 500 Asia Pacific 2009. Prithvi's global network of development centers and sales offices are in Europe, Middle East and Asia Pacific. Their solutions are particularly advanced and powerful for these vertical markets: Healthcare, Retail, BFSI and Telecom. See the company website: http://www.prithvisolutions.com
The Promoters hold around 33% stake in the company as of Sept, 09 and I reckon the holdings of the promoter and FIIs may have gone up during the last couple of months. The half year EPS of Prithvi for the current FY2009-2010 is already 19.17, at current market price, the stock is trading at a dirt cheap PE of around 3 only. The Book Value of the share is around Rs.250 and not so long ago, Lehman Bros. had given a valuation of Rs.469 per share to Prithvi, before the global melt-down happened and LB exited the stock. The stock has seen highs of around 460 in April, 2006, from where it has fallen to the current lows. There were some issues with the management in the past, but if they come clean with the audited results soon, this stock is a potential multi-bagger. Long term investors with some risk appetite can hope to make substantial gains in this stock.
Cheers!
The Promoters hold around 33% stake in the company as of Sept, 09 and I reckon the holdings of the promoter and FIIs may have gone up during the last couple of months. The half year EPS of Prithvi for the current FY2009-2010 is already 19.17, at current market price, the stock is trading at a dirt cheap PE of around 3 only. The Book Value of the share is around Rs.250 and not so long ago, Lehman Bros. had given a valuation of Rs.469 per share to Prithvi, before the global melt-down happened and LB exited the stock. The stock has seen highs of around 460 in April, 2006, from where it has fallen to the current lows. There were some issues with the management in the past, but if they come clean with the audited results soon, this stock is a potential multi-bagger. Long term investors with some risk appetite can hope to make substantial gains in this stock.
Cheers!
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