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!
Monday, October 25, 2010
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!
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