Saturday, June 25, 2011

ABC India.

ABC India Limited --520123, CMP 119 rs. EPS of 10.24 and PE of 11.62, Sector PE of 20-25 range.

ABC India Limited provides logistic services in India. Companies in this sector are Aegis Logistic, Aqua Logistic & Chartered Logistic. If one followed this companies closely one by one each company had multiplied 5-7 times over last 1-3 years. Chartered logistic the latest one to get higher valuations..

Now we think is the turn of ABC India. Company owns a fleet of trucks, hydraulic trailers, and prime movers. ABC offers material logistic, in-plant logistic, import-export logistic, and distribution/sales logistic services. ABC India also undertakes turnkey projects, representing various services, including port handling, customs clearing, and multi-modal transportation by road/rail/barge, as well as offers international freight forwarding services. It operates approximately through its 200 offices across India and have warehouse & storage space of 15,000 cubic meters. ABC India, through its 24 % joint venture interest in Nissin ABC Logistics Pvt. Limited, engages in logistic service business. Business model looks robust and they have all the required infrastructure in place, and CMP of the company is just 60 cr. This is mainly due to promoters not showing very good corporate governance and not looking for expansion, but now promoter are showing interest and this is shown by thr continuous buying from open market, as this shows that they are eying growth in future and create value for share holders...

Company is currently having market cap of 60 cr, which way too less if any new entrant want to set-up same operations than it will cost them much higher... so if we say 150-200cr approx market cap then also 100%-200% price rise possible...hence it is a very good buy...

Also Mr Madhusudan Kela(head-Reliance Mutual Fund) got 1.7 lac shares in March 2010.

Results of the company are good, and posted a EPS of 10.24 vs last year EPS of 2, growth of 5 holds. It was on before that trading at EPS of 7.89, so it went down and now again reviving....hence trading low and good time to collect....June qtr results should make it rise....CMP of 119 and PE of 11.6 against industry PE of 20-25.

So expect re-rating sooner or later....collect in range of 110-118 and hold it long...some land story is thr...but not including that....

Happy Investing
Sanket

Tuesday, June 14, 2011

Sah Petroleum--Short term target achieved.

We recommended Sah Petroleum few week back, link to the same is http://deliverybasedstocktips.blogspot.com/2011/05/sah-petroleum.html

Set a short term target of 38rs, which is done today. Trader should sell. Investors should keep holding or if want can book 25% profit and keep holding.

For membership contact us at multibaggerpicks.info@gmail.com

Sanket Mehta

Sunday, June 12, 2011

2 New stock reports.

Hello

We recommended 2 new stock to our member of website www.multibaggerpicks.info, both stock are good in short as well as long term holding. One is into Engineering Sector and other into Packaged Foods. Those who want to know the details, can either buy the report for just 400rs for both or go for the membership. For further queries send emails to multibaggerpicks.info@gmail.com

sanket mehta

Sunday, June 5, 2011

Fluidomat

Bse Code: 522017.
CMP: 33 rs.
Collect slowly in range of 30-32
Target: 55-60 rs in 1 -1.5 year...
Return: 80-100%
Time : 12-18 months.

Company Profile:

Fluidomat started operations in 1971 at Dewas in Madhya Pradesh to manufacturer fixed speed and variable speed fluid couplings for various industries. Company’s products are mainly used in sectors like Power generation, Cement, Steel, Fertilizers and Mining. Well known leaders from these sectors like ABB, Kirloskar, TRF, Walchand Nagar, BHEL are in company’s client list. Company’s order book showing good growth in recent times due to surge in activities in the above mentioned sectors. Recently company added Variable Speed- Scoop Controlled Coupling to its products line .In the last financial year company posted a turnover of 22.5 Cr , net profit close to 2.3 Cr and an EPS of Rs.4.6. Fluidomat is expected to declare good numbers ahead. It is now trading at Rs.33/- with a P/E multiple of 7 which is at the lower end, for a specialized company like this. Keep an eye on this one. Also company had declared first dividend this time of 1 rs per share. So soon get attention of investor which look for dividend paying companies...Dividend yield of 3% approx on current price.

One can add this with long term view on it, as downside is capped at 30-31 levels, and upside could be good, once it get real valuation....

For query mail us at multibaggerpicks.info@gmail.com

Thursday, June 2, 2011

Atul Auto Resutls.

Few days back we recommended 2 stock IFB agro and Atul Auto, both are doing good. and given 8-10 move..from recommended levels...

As promised updating on Atul Auto results..Company had given stellar set of performance and revenues had grown 36% and profit had grown by 100%. EPS of 16.12 posted again the EPS of 7.76 last year. Dividend of 4 rs declared. Expect good growth with target of 145 in short term ....Keep holding...

For any query and memberships mail us at multibaggerpicks.info@gmail.com

Important Disclaimer

Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.