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Lavanay
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« on: April 17, 2008, 08:33:15 PM » |
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Now Buy good Fundamental Stocks like DECCAN CEMENT Ltd at Rs.295/- Quoting BSE, NSE (10/- Face Value).
Last 2 weeks onwards I am telling Buy, Buy, Buy for good fundamental Stocks. See Now 30% of shares in market appreciated 30 to 40% for last 2 weeks. Now also Buy good Fundamental Shares like DECCAN CEMENT at 295/-.
Monday (21st April) definitely market will be correction up to 200 Pionts in BSE. But market mood possitive only for short term. This time you can catch Deccan Cement between 285/- to 295/-. Best time to invest in Deccan Cement for this correction time.
Global Markets is stabilizing. In Indian Equities available at good prices. Worst is over. FII`s also coming back to Indian Markets to Invest. Moreover All Bulls are coming back to Market. Annual Results also coming out in April & May. Start Buying at low levels Now. Don't panic Sell. Buy good fundamental equities partially daily, You will get 40 to 50% appreciation within 1 to 2 months time. Risk is very very less. My Expectation : 90 % chances Upside only 10% chances Down Side for short term (1 Month).
DECCAN CEMENT Ltd, Trading in BSE & NSE at 295/-.
This is 10/- FaceValue share trading at 295/-. Yearly high 465/- in January 2008 (Before market Crash), its come down to 255/- recent low. Now trading at 295/-.Daily grabbing with Mumbai BIG BIG Bulls because of Now stock is available at very very cheep price at 295/- EPS 75/- expecting for this 2007-2008 Annual financial, with PE 3 only. Normally in worst condition also PE will be at 8 in cement Industry.. But Now PE is only 3. And Expecting Bonus 1:1 for this year. (Because of less Equity, High EPS , High Book Value).
If you take Any Cement Company PE is above 8. But Deccan Cement PE only 3. Compare to any cement company stocks Deccan cement stocks is available very very less price. So Sell higher rate stocks and Buy this Higher valuation stock (Deccan Cement ltd at 295/-).
If you have already buy some more make average. This is company is doing very very good. Slowly grab this stock. Fundamental is very very good. Global cues and Market worst is over. Don’t Sell if you have Deccan Cement equities. Stay Invest and wait up to 560/- minimum. DECCAN CEMENT at 295/- (Annual EPS is 75/- Expecting) PE only 3. Normally take cement companies High companies PE was 20, Medium companies PE was 10. If we take medium companies PE 10 It will come 750/-. Now markets are week. So If we take PE 8 It will touch 600/- minimum before Annual Financial Results declaring (One months time). Book Value also good. Good fundamentals. Very very less risk at present rate. So hurry Buy at current level at 295/-.
Deccan Cement Ltd Equity was 7 Crores. Company Announced good results last Three quarters (10.5 Crore, 15 Crores &11.5 Crores, Forth Quarter results also coming good with 18 Crores Net Profit. So Annual EPS is coming around 75/-. Cement prices are going up, So it will definitely come good results for fourth quarter with 18 crores Net Profit. Promoters Share Holding 52%, Private Corporate 15% , NRI’s Holding 8% & Public only 25%. All of above good news current price (295/-) is very very cheep.
See DECCAN CEMENT EQUITY VALUE (Per share value) : 600/- original value as per financial results (75 EPS annualized, and considering 8 PE). + Lot of Land Bank in Nalgonda. Now All areas Land rates are very high, consider this also. So Valuation for this share was 600/- ++ minimum. (Only as per financial results).
1) Equity is very less i.e. 7 Crores, EPS will be 75/- for 2007 – 2008 year. So will be takeover by another big Cement company also…
2) Already Book Value was 135/- up to last year (2006-2007). If we add 2007-2008 year EPS It will come around 212/- Book Value.
Consider above Two points definitely it will come out 1:1 Bonus for this year. So Total Value of this company Share value was Rs.600/- ++. Just Imagine company share price where to going in this year…
Just Buy at 295/- Hold 1 to 6 months time. You will get minimum 50% to 200% returns. Enter current price at 295/-
Target 420/- 550/- 680/- . Just invest and get 50% to 200% profit.
Happy Investing
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