Friends, I'm happy that my last three buy calls have all more than doubled in the last couple of months. While the index stocks (the big caps) have rallied a lot after the elections, there is a lot of value in the Mid-Small caps. One such stock is FCS Software which is a dividend paying company, giving consistent results over a period of time. The promoters hold a good 67.92 % in the company which should give confidence to the other shareholders. The nine months EPS of the company is already Rs.16 and the fourth quarter results will be out by the end of June. The stock is grossly undervalued at current price of 46 and is trading at a PE of less than 3. Investors can buy this stock at current price.
Cheers!
Wednesday, June 3, 2009
Wednesday, April 8, 2009
Hot Pick : ALOK INDUSTRIES BSE CODE : 521070 NSE CODE : ALOKTEXT
ALOK INDUSTRIES is a profit making, dividend paying company and the share is currently trading near its lows of approx. 13.60. The 52 week high was 73 and low was 11.55. The stock is going at a mouth watering PE of less than 2 and the Book Value is around 60 Rs. This stock also trades in F&O which means it can see unlimited gains in a single day. This is a stock having great fundamental value and is looking all set for a technical breakout. Targets can be 25, 36 and 55 for long term Investors.
Friday, February 27, 2009
Hot Pick: Balaji Telefilms
NSE CODE : Balajitele BSE CODE : 532382
Balaji Telefilms is a pioneering television content producing company with a presence across Indian general entertainment channels. The 52 week high for the stock was 223 and 52 week low was 31.15. The stock is currently trading near its lows at only 32 at a PE ratio of less than 4. Historically, media companies such as this have traded between PE bands of 15 to 55. The stock had nose dived after their contract with Star Plus came to an end. But now the company has started two new shows, Kitni Mohabbat Hai and Bandini. The company also plans to launch a horror show next month. The stock presents great value at current price and the future looks to be bright.
Cheers!
Balaji Telefilms is a pioneering television content producing company with a presence across Indian general entertainment channels. The 52 week high for the stock was 223 and 52 week low was 31.15. The stock is currently trading near its lows at only 32 at a PE ratio of less than 4. Historically, media companies such as this have traded between PE bands of 15 to 55. The stock had nose dived after their contract with Star Plus came to an end. But now the company has started two new shows, Kitni Mohabbat Hai and Bandini. The company also plans to launch a horror show next month. The stock presents great value at current price and the future looks to be bright.
Cheers!
Friday, February 20, 2009
Hot Pick: Crew B.O.S. Products Limited
Nse Code: CREWBOS Bse Code: 532873
It's been a while since I updated this site. The markets all over the world are re-testing the lows of Oct, 2008. I think this presents an opportunity for investors to cherry pick and build a long term portfolio. Crew B.O.S Products is a profit making, sound company with a 52 week high of 94.40 and low of 16.65, currently available at a mouth-watering price of just around 18. The nine months EPS of the company already stands at 7.99, which means that at current price the share is available at a PE ratio of less than 2. The Promoters have been increasing their stock holding in the company over the last few months and their latest percentage holding in the company stands at 54.13%. The company is in the business of Fashion & Leather accessories and the future is bright for this company.
Cheers!
It's been a while since I updated this site. The markets all over the world are re-testing the lows of Oct, 2008. I think this presents an opportunity for investors to cherry pick and build a long term portfolio. Crew B.O.S Products is a profit making, sound company with a 52 week high of 94.40 and low of 16.65, currently available at a mouth-watering price of just around 18. The nine months EPS of the company already stands at 7.99, which means that at current price the share is available at a PE ratio of less than 2. The Promoters have been increasing their stock holding in the company over the last few months and their latest percentage holding in the company stands at 54.13%. The company is in the business of Fashion & Leather accessories and the future is bright for this company.
Cheers!
Monday, September 15, 2008
Panic bottom signals a trend change?
Lehmann Bros. filed for bankruptcy today and the global markets have tumbled. The Indian markets are no exception. The price of crude is now below $ 100, yet our markets have not rallied. The reason for that is the unusually fast depreciation of the Indian Rupee against the US Dollar. The USD has risen from Rs. 40 to Rs. 46 in just a few months. The rise has been very sharp since the day Derivatives trading in Forex was launched in India. So such a sharp move in the USD-Indian Rupee exchange rate was sort of expected on the back of heavy speculation. The rise of the dollar against the rupee has almost nullified the fall in Crude Oil price.
But such bankruptcies in the US financials can actually be good news for the markets, in the sense that all the bad news is finally getting out in the open. Also consider the fact that the bell weather stock of India, Reliance Industries has finally taken a pounding. During the entire bear market phase of 2008, RIL was the last man standing coz it hadn't fallen much as compared to the mid-caps. It was sort of holding the fort above Rs. 2000 levels. But today it has broken down to a low of Rs.1832. To my mind, this is a sure sign that we are finally close to a trend change and the end of the extended bear phase. RIL will soon form its bottom and then usher in a rally for the Diwali-Christmas season. Most of the midcap stocks may have bottomed out already and it makes sense to go out and buy such beaten down value stocks in bulk. I think we are on track for a rally around Diwali which could last upto Christmas. So keep your shopping list ready.
Cheers!
But such bankruptcies in the US financials can actually be good news for the markets, in the sense that all the bad news is finally getting out in the open. Also consider the fact that the bell weather stock of India, Reliance Industries has finally taken a pounding. During the entire bear market phase of 2008, RIL was the last man standing coz it hadn't fallen much as compared to the mid-caps. It was sort of holding the fort above Rs. 2000 levels. But today it has broken down to a low of Rs.1832. To my mind, this is a sure sign that we are finally close to a trend change and the end of the extended bear phase. RIL will soon form its bottom and then usher in a rally for the Diwali-Christmas season. Most of the midcap stocks may have bottomed out already and it makes sense to go out and buy such beaten down value stocks in bulk. I think we are on track for a rally around Diwali which could last upto Christmas. So keep your shopping list ready.
Cheers!
Thursday, September 4, 2008
Are we getting ready for Diwali Fireworks?
The first eight months of 2008 have been quite dismal for stock market investors. But with crude oil coming down to $109 levels there is a ray of hope. As explained in one of my earlier blogs, since the beginning of this year, money flowed from the equity markets to Crude and other select commodities like Gold. It seems that the cycle is now turning in favor of the equity markets. If crude goes below $100, the Nifty will climb above 5000 effortlessly. And if it goes below $80, we can expect to see fireworks! FIIs are coming back into the Indian markets and the rate of inflation is likely to peak out (or has already peaked out) soon.
The IPO market is also seeing a revival with Resurgere Mines & Minerals India Ltd doubling on the first day of listing. Another IPO is being listed today which is AUSTRAL COKE & PROJECTS LIMITED. This is a group company of Gremach Infrastructure Equipments & Projects Ltd and a positive listing of Austral Coke today will have a great positive impact on the share price of Gremach Infra also.
Cheers!
The IPO market is also seeing a revival with Resurgere Mines & Minerals India Ltd doubling on the first day of listing. Another IPO is being listed today which is AUSTRAL COKE & PROJECTS LIMITED. This is a group company of Gremach Infrastructure Equipments & Projects Ltd and a positive listing of Austral Coke today will have a great positive impact on the share price of Gremach Infra also.
Cheers!
Monday, August 4, 2008
Hot Stock Ideas
Ok. The markets have played out exactly like I had previously opined. Crude Oil has come down to $ 120s again and I reckon it could go lower. That can only mean good news for the Indian Stock Market. The political uncertainty is also out of the way with Manmohan Singh's govt. winning the Trust vote. Mars is leaving Saturn on 10th August. Time to buy.
I have been receiving repeated requests about suggesting some stocks for investment now. Here are a few of my Top Picks:
1. GREMACH INFRA (BSE CODE : 532836) - This stock used to be the darling of the markets just six months ago. Having seen highs of over Rs. 500, this share is now trading at a mere Rs. 88. The diluted EPS for FY 2007-2008 was Rs. 23.74, which means this once highly rated Infrastructure stock is trading at a PE of just 3.7. I will buy this stock.
2. GODAWARI POWER & ISPAT LTD (GPIL) : This stock has come out with a stellar performance in the 1st quarter, despite the slowdown in the rest of the market. It posted a diluted EPS of Rs. 13.09 in the June qtr. With an expected annualized EPS of Rs. 55, and cmp of just Rs. 204, this super stock is trading at a PE of a mere 3.7. I will buy this stock.
3. CREW BOS : This stock has a one year high of Rs. 163, and currently available at a throw away price of just Rs. 33. Having posted a diluted EPS of Rs. 2.4, with an annualized EPS of Rs. 10, this stock is trading at a PE of a mere 3.3. I will buy this stock.
Cheers !
I have been receiving repeated requests about suggesting some stocks for investment now. Here are a few of my Top Picks:
1. GREMACH INFRA (BSE CODE : 532836) - This stock used to be the darling of the markets just six months ago. Having seen highs of over Rs. 500, this share is now trading at a mere Rs. 88. The diluted EPS for FY 2007-2008 was Rs. 23.74, which means this once highly rated Infrastructure stock is trading at a PE of just 3.7. I will buy this stock.
2. GODAWARI POWER & ISPAT LTD (GPIL) : This stock has come out with a stellar performance in the 1st quarter, despite the slowdown in the rest of the market. It posted a diluted EPS of Rs. 13.09 in the June qtr. With an expected annualized EPS of Rs. 55, and cmp of just Rs. 204, this super stock is trading at a PE of a mere 3.7. I will buy this stock.
3. CREW BOS : This stock has a one year high of Rs. 163, and currently available at a throw away price of just Rs. 33. Having posted a diluted EPS of Rs. 2.4, with an annualized EPS of Rs. 10, this stock is trading at a PE of a mere 3.3. I will buy this stock.
Cheers !
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