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
Saturday, June 25, 2011
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
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
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
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
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
Saturday, May 28, 2011
IFB Agro Industries Ltd
Buy IFB Agro Industries Ltd--507438--CMP 76.
Buy on fall to 74 levels and keep adding. Very good results are posted with EPS of 22.26 and PE is adjusted to 3.43, book value of the counter is 108, and currently it is trading below its book value.
Again it is from Breweries and Distilleries segment, and growing at good pace. Its promoter holding is 55% and closed holdings of corporates, NRI, and big retailer is around 30% ---so one can say closely held equity is 85%.
Downside is minimum and upside could be to 100-110 levels in next 6-8 months, only negative is no dividend recommended by the company...
We advise buy small qty now and add on falls, buy 40% now and 60% on fall to 65-68 levels.
Business Description:
IFB Agro Industries Limited is an India-based company. It operates in two segments: spirit, liquor and spirituous beverages, and marine division. The Company's spirit, liquor and spirituous beverages segment consists rectified spirit, country liquor and Indian made foreign liquor (IMFL). The marine division consists of marine products processes and exports, domestic selling and marine feed trading. It products include spirits and spirituous beverages, whisky/rum/gin, frozen shrimps and prawns.
Company posted a little weak results in december 2010 and had taken beating and fallen to 64 levels, but with very good results for march qtr and full year ending 2010-11, it will get re-rating sooner or later. Company posted and EPS of 22.26 against full year EPS of 5.53, so now company is trading at PE of just 3.43, hence slowly it will move to PE of 10 and price target of 200 possible in next 6-8 months. Since market is dicey we recommend 50% buying at 76 levels and 50% in range of 65-70..
Should get good return in medium and long run, though short run market can put some pressure.
For any query feel free to mail us at sanket.mehta82@gmail.com or multibaggerpicks.info@gmail.com
Also follow us on our website www.multibaggerpicks.info
For membership queries send us mail/ call us at 9468519106.
Buy on fall to 74 levels and keep adding. Very good results are posted with EPS of 22.26 and PE is adjusted to 3.43, book value of the counter is 108, and currently it is trading below its book value.
Again it is from Breweries and Distilleries segment, and growing at good pace. Its promoter holding is 55% and closed holdings of corporates, NRI, and big retailer is around 30% ---so one can say closely held equity is 85%.
Downside is minimum and upside could be to 100-110 levels in next 6-8 months, only negative is no dividend recommended by the company...
We advise buy small qty now and add on falls, buy 40% now and 60% on fall to 65-68 levels.
Business Description:
IFB Agro Industries Limited is an India-based company. It operates in two segments: spirit, liquor and spirituous beverages, and marine division. The Company's spirit, liquor and spirituous beverages segment consists rectified spirit, country liquor and Indian made foreign liquor (IMFL). The marine division consists of marine products processes and exports, domestic selling and marine feed trading. It products include spirits and spirituous beverages, whisky/rum/gin, frozen shrimps and prawns.
Company posted a little weak results in december 2010 and had taken beating and fallen to 64 levels, but with very good results for march qtr and full year ending 2010-11, it will get re-rating sooner or later. Company posted and EPS of 22.26 against full year EPS of 5.53, so now company is trading at PE of just 3.43, hence slowly it will move to PE of 10 and price target of 200 possible in next 6-8 months. Since market is dicey we recommend 50% buying at 76 levels and 50% in range of 65-70..
Should get good return in medium and long run, though short run market can put some pressure.
For any query feel free to mail us at sanket.mehta82@gmail.com or multibaggerpicks.info@gmail.com
Also follow us on our website www.multibaggerpicks.info
For membership queries send us mail/ call us at 9468519106.
Atul Auto
Repeat Call---Buy Atul Auto-531795, Results on 30th May 2011. Expect EPS of 17 approx. against EPS of 7.8 approx last year. More than 100% growth.. Price should move 10-15% on or after results.
CMP--119, buy at this levels, dividend of 2 rs possible and Short term player can target 135-145 levels in next 1-2 months and long term player can hold and reap benefit.
It is planning to acquire Scooter India also..hence any news on that will also trigger the prices...
Results performance we will update on 31st May.
More details below about the company....(repeating last details we mentioned in june 2010)
Sunday, June 13, 2010
Atul Auto
Atul Auto Ltd is one of the fast growing Diesel Three wheeler manufacturers in India located at Rajcot, in Saurashtra. Late Mr. Jagjivanbhai Karsanbhai Chandra of ATUL GROUP was pioneered in the concept “CHADKA”, an affordable mode of transportation for common man in India. Company's Rajcot plant having production capacity of 24000 vehicle per annum in single shift basis.In 2009, Atul has introduced its all-new rear
engine three-wheeler, under the brand name ATUL GEM, which is one of the best selling three wheelers in India presently. Atul GEM is a reliable vehicle, which gives a fuel economy of 35 kmpl and has a payload capacity of 585 Kg. Recently Company expanded its operations into 6-seater Auto Rickshaws, Pick-Up Vans and Chassis of Passenger Vehicles.Atul planning to develop more innovative, environment-friendly and practical automobile vehicles considering changes in market trends.These includes CNG and LNG operated vehicles, 4- wheeler one tunner LCVs ..etc For sourcing engines for its CNG / LNG vehicles, company already signed an agreement with Lombardini. In 2010 company is planning an additional capex of Rs.20 Cr to expand its production capacity to 36000 units per year. Company aggressively expanded its marketing network in South India last year and result of the same clearly visible in recent financial performance. Company has registered a phenomenon financial performance for the financial year 2009-10 with company’s net profits zooming up by around 1000% from Rs.46 lakh to Rs.4.54 crore over the year ended March 2009. On an equity capital of Rs 6.08 crore, EPS stood at Rs. 7.76. The company has recommended a final dividend of Rs 2 per share for the year ended March 2010. In a segment where cut throat competition is prevailing, by fighting with biggies like Piaggio,Bajaj,Mahindra ..etc ,ATUL is coming out as a winner mainly
because of the quality of vehicle offered at reasonable price, well planned marketing strategy and overall commitment of management. At the prevailing market price of Rs. 71/- this stock is available at below 10 prices to earnings ratio.
Considering the company’s well accepted vehicle, strong distribution net work, dividend pay-out track record and its ambitious plans to enter 4 wheeler and CNG and LNG running vehicles, one may look into it with a long term view
CMP--119, buy at this levels, dividend of 2 rs possible and Short term player can target 135-145 levels in next 1-2 months and long term player can hold and reap benefit.
It is planning to acquire Scooter India also..hence any news on that will also trigger the prices...
Results performance we will update on 31st May.
More details below about the company....(repeating last details we mentioned in june 2010)
Sunday, June 13, 2010
Atul Auto
Atul Auto Ltd is one of the fast growing Diesel Three wheeler manufacturers in India located at Rajcot, in Saurashtra. Late Mr. Jagjivanbhai Karsanbhai Chandra of ATUL GROUP was pioneered in the concept “CHADKA”, an affordable mode of transportation for common man in India. Company's Rajcot plant having production capacity of 24000 vehicle per annum in single shift basis.In 2009, Atul has introduced its all-new rear
engine three-wheeler, under the brand name ATUL GEM, which is one of the best selling three wheelers in India presently. Atul GEM is a reliable vehicle, which gives a fuel economy of 35 kmpl and has a payload capacity of 585 Kg. Recently Company expanded its operations into 6-seater Auto Rickshaws, Pick-Up Vans and Chassis of Passenger Vehicles.Atul planning to develop more innovative, environment-friendly and practical automobile vehicles considering changes in market trends.These includes CNG and LNG operated vehicles, 4- wheeler one tunner LCVs ..etc For sourcing engines for its CNG / LNG vehicles, company already signed an agreement with Lombardini. In 2010 company is planning an additional capex of Rs.20 Cr to expand its production capacity to 36000 units per year. Company aggressively expanded its marketing network in South India last year and result of the same clearly visible in recent financial performance. Company has registered a phenomenon financial performance for the financial year 2009-10 with company’s net profits zooming up by around 1000% from Rs.46 lakh to Rs.4.54 crore over the year ended March 2009. On an equity capital of Rs 6.08 crore, EPS stood at Rs. 7.76. The company has recommended a final dividend of Rs 2 per share for the year ended March 2010. In a segment where cut throat competition is prevailing, by fighting with biggies like Piaggio,Bajaj,Mahindra ..etc ,ATUL is coming out as a winner mainly
because of the quality of vehicle offered at reasonable price, well planned marketing strategy and overall commitment of management. At the prevailing market price of Rs. 71/- this stock is available at below 10 prices to earnings ratio.
Considering the company’s well accepted vehicle, strong distribution net work, dividend pay-out track record and its ambitious plans to enter 4 wheeler and CNG and LNG running vehicles, one may look into it with a long term view
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