Hi Friends.
Edelweiss more then 100rs up... FIEM made a high of 133..agro tech 10rs up...everest kanto is silent...BOOK OUT EVERYTHING I WILL SAY AGAIN TO ALL OF YOU. I MIGHT BE WRONG IN PREDICTING THE MARKETS BUT I FEEL NOT EARNING 25RS IS FAR BETTER THEN LOOSING 50. And as I have been saying for long.. PLAY SAFE is the order of the day... lets spend some time protecting what we have earned....
Happy Investing
Investomaniac
JAI DADI KI
Monday, December 31, 2007
Review 1st hour...
Hi friends
As i have been cautioning everybody about the markets, I would advice you to book profits on all my calls.. even todays picks.. all are up more then 2%.. book out everything. In my view we can see the market slide in a very short time.. SO BE HIGHLY CAUTIOUS AS I HAVE BEEN ADVICING YOU ALL FROM THE PAST ONE WEEK>>> BOOK OUT EVERYTHING AND STAY IN CASH>>>>>>>>>>>>
DHANUSH TECH reco 3 days back for 3-4 days perspective @ 300 is now trading @ 369.. Book out 100%... more can come.... BUT we are PLAY SAFE>>>>> 20% in 3 days is not bad... BOOK OUT EVERYTHING
Happy Investing
Investomaniac
JAI DADI KI
As i have been cautioning everybody about the markets, I would advice you to book profits on all my calls.. even todays picks.. all are up more then 2%.. book out everything. In my view we can see the market slide in a very short time.. SO BE HIGHLY CAUTIOUS AS I HAVE BEEN ADVICING YOU ALL FROM THE PAST ONE WEEK>>> BOOK OUT EVERYTHING AND STAY IN CASH>>>>>>>>>>>>
DHANUSH TECH reco 3 days back for 3-4 days perspective @ 300 is now trading @ 369.. Book out 100%... more can come.... BUT we are PLAY SAFE>>>>> 20% in 3 days is not bad... BOOK OUT EVERYTHING
Happy Investing
Investomaniac
JAI DADI KI
Market Outlook
Hi Friends
Markets should open mildly flat to positive on back of UK/US markets closing on friday as well as the Asian peers. As I have told in my previous blog, I dont expect huge upside in Nifty,(reasons mentioned in previous blogs).. however there can be stock specific movements. At this point of time the markets will be driven more by the political and economic situation in India and the neighbouring countries rather then the technicals.
Momentum Stocks to be watched out are Edelweiss Capital, FIEM IND (BSE CODE :532768) : CMP - Rs.122.65, AGRO TECH (BSE CODE : 500215) : CMP - Rs.224.35,
Everest Kanto.
I am not giving many recomendations on delivery front right now because most of my picks have already given handsome returns and I feel that its time for us to protect what we have earned. All the above stocks can be traded on the basis of 1-3 days outlook.
HAPPY INVESTING
Investomaniac
JAI DADI KI
Markets should open mildly flat to positive on back of UK/US markets closing on friday as well as the Asian peers. As I have told in my previous blog, I dont expect huge upside in Nifty,(reasons mentioned in previous blogs).. however there can be stock specific movements. At this point of time the markets will be driven more by the political and economic situation in India and the neighbouring countries rather then the technicals.
Momentum Stocks to be watched out are Edelweiss Capital, FIEM IND (BSE CODE :532768) : CMP - Rs.122.65, AGRO TECH (BSE CODE : 500215) : CMP - Rs.224.35,
Everest Kanto.
I am not giving many recomendations on delivery front right now because most of my picks have already given handsome returns and I feel that its time for us to protect what we have earned. All the above stocks can be traded on the basis of 1-3 days outlook.
HAPPY INVESTING
Investomaniac
JAI DADI KI
Friday, December 28, 2007
Todays Review
Hello Friends
As mentioned in the morning.. the market ended flat amidst a very volatile day. We booked out good profits in Mahalaxmi Seamless and Premier Explosives as a precaution (Safe Investor).. premier explosives can target much more... As i have been saying since the past 15 days to all the people who are associated with me and now am telling this on the blog for the first time.. CAUTION IS THE BUZZ for the coming months.. I will sincerely advice investors to hold on to only 15% to 25% of their portfolio at the moment, and remain in cash for sometime. The advice comes on the back of strong analysis of the Indian and foriegn markets as well as economic conditions prevailing. We have had a very good run in the year 2007 and it would be very foolish to expect the same in 2008. The above statement is backed by some major concerns in political front, then economic downtrend in USA, the BIG DADDY of all - THE BUDGET-- already few analysts are expecting some bad news from it....
Henceforth, I would advice to the readers to be EXTRA CAUTIOUS and dont invest more then 25% of your capital till the budget, Book profits on all the stocks which have given you very good returns (its better to make a profit of Rs 100 and say "oh man, i could have earned Rs 125" RATHER THAN holding on to the script and say "oh.. had i sold it that day i would have earned Rs100.")
Rakesh JhunJhunwala sold more then 35lakhs shares of HOEL which he has been holding for such a long time.. according to the sources he has sold off many things from his portfolio in the month of december....
We should not be reluctant to book the profits thinking that the script will rise after you sell.. there are 10000 invesmtment opportunities available and we will grab them as the time comes..so taking all these into account (and also the normal risk apetite of individual investor) staying out of the markets or investing marginally for 2 months is not a bad idea because if our timing is correct then the remaining 10 months are more then enough to make up and eventually you will see that you have earned more then what you would have earned remaining invested for the entire year.
ETC NETWORK - i had recomended @ 145 with tgt of Rs 400++... still i have reco to all those who bought to book out 75-80% @ 255
Most of the calls are trading higher (20-25% up from the recomended levels.. Play Safe Investors can book out 100% and stay in cash.. High Risk Appetite Investors can hold on.
Happy Investing
Investomaniac
JAI DADI KI
As mentioned in the morning.. the market ended flat amidst a very volatile day. We booked out good profits in Mahalaxmi Seamless and Premier Explosives as a precaution (Safe Investor).. premier explosives can target much more... As i have been saying since the past 15 days to all the people who are associated with me and now am telling this on the blog for the first time.. CAUTION IS THE BUZZ for the coming months.. I will sincerely advice investors to hold on to only 15% to 25% of their portfolio at the moment, and remain in cash for sometime. The advice comes on the back of strong analysis of the Indian and foriegn markets as well as economic conditions prevailing. We have had a very good run in the year 2007 and it would be very foolish to expect the same in 2008. The above statement is backed by some major concerns in political front, then economic downtrend in USA, the BIG DADDY of all - THE BUDGET-- already few analysts are expecting some bad news from it....
Henceforth, I would advice to the readers to be EXTRA CAUTIOUS and dont invest more then 25% of your capital till the budget, Book profits on all the stocks which have given you very good returns (its better to make a profit of Rs 100 and say "oh man, i could have earned Rs 125" RATHER THAN holding on to the script and say "oh.. had i sold it that day i would have earned Rs100.")
Rakesh JhunJhunwala sold more then 35lakhs shares of HOEL which he has been holding for such a long time.. according to the sources he has sold off many things from his portfolio in the month of december....
We should not be reluctant to book the profits thinking that the script will rise after you sell.. there are 10000 invesmtment opportunities available and we will grab them as the time comes..so taking all these into account (and also the normal risk apetite of individual investor) staying out of the markets or investing marginally for 2 months is not a bad idea because if our timing is correct then the remaining 10 months are more then enough to make up and eventually you will see that you have earned more then what you would have earned remaining invested for the entire year.
ETC NETWORK - i had recomended @ 145 with tgt of Rs 400++... still i have reco to all those who bought to book out 75-80% @ 255
Most of the calls are trading higher (20-25% up from the recomended levels.. Play Safe Investors can book out 100% and stay in cash.. High Risk Appetite Investors can hold on.
Happy Investing
Investomaniac
JAI DADI KI
Dhanush Tech Reco on Wednesday.... SHOOT 338 now
Hi Guys
Dhanush tech recomended @ 300 on wednesday for 2-3 days delivery.. is on rampage.... 338 right now.. people who hold any position can book out..
CMC made a high of 1440... can be booked out...
CAIRN India made a new high of 248... can be holded.. for some more gains..
Dhanush tech recomended @ 300 on wednesday for 2-3 days delivery.. is on rampage.... 338 right now.. people who hold any position can book out..
CMC made a high of 1440... can be booked out...
CAIRN India made a new high of 248... can be holded.. for some more gains..
Market Outlook
Hello Friends..
Assasination of Benazir Bhutto will have a definite impact on our markets and our markets will be highly volatile for sure (Remem that on the day when emergency was imposed our markets were almost flat- didnt reacted to it), but this could lead to trigger only if the situation in pakistan goes beyond control and the traders might go ahead with caution while booking profits with whatever they might have gained in the last 3-4 days bull run. Henceforth I would advise the short term investors (and all the PLAY SAFE INVESTORS)to exit out of the stocks which are giving them some kind of returns.. Its better to book 15-20% profit rather then being invested and watch your money coming down... Stay in CASH and lets wait for the market to stablise a bit, let us wait n watch how our market reacts...People can book out in Mahalaxmi Seamless which has already given more then 25% returns in 3 days time... we can also book out premier explosives because we are gaining around 18-19% in that as well in a matter of 4 trading days...LONG TERM INVESTORS have nothing to do in the markets on a daily basis.. As i said one should always invest not more then 25% of his capital before giving long term recomendations...so we can wait n watch and add some more money if the market falls....
SO Finally.. BOOK OUT YOUR SHORT TERM PICKS WHICH ARE ALREADY IN PROFITS - MAHALXMI SEAMLESS AND PREMIER EXPLOSIVES AND HOLD ON TO LONG TERM PICKS LIKE THE IT MAJORS AND OTHERS LIKE KSERASERA.
HAPPY INVESTING
Investomaniac
JAI DADI KI
Assasination of Benazir Bhutto will have a definite impact on our markets and our markets will be highly volatile for sure (Remem that on the day when emergency was imposed our markets were almost flat- didnt reacted to it), but this could lead to trigger only if the situation in pakistan goes beyond control and the traders might go ahead with caution while booking profits with whatever they might have gained in the last 3-4 days bull run. Henceforth I would advise the short term investors (and all the PLAY SAFE INVESTORS)to exit out of the stocks which are giving them some kind of returns.. Its better to book 15-20% profit rather then being invested and watch your money coming down... Stay in CASH and lets wait for the market to stablise a bit, let us wait n watch how our market reacts...People can book out in Mahalaxmi Seamless which has already given more then 25% returns in 3 days time... we can also book out premier explosives because we are gaining around 18-19% in that as well in a matter of 4 trading days...LONG TERM INVESTORS have nothing to do in the markets on a daily basis.. As i said one should always invest not more then 25% of his capital before giving long term recomendations...so we can wait n watch and add some more money if the market falls....
SO Finally.. BOOK OUT YOUR SHORT TERM PICKS WHICH ARE ALREADY IN PROFITS - MAHALXMI SEAMLESS AND PREMIER EXPLOSIVES AND HOLD ON TO LONG TERM PICKS LIKE THE IT MAJORS AND OTHERS LIKE KSERASERA.
HAPPY INVESTING
Investomaniac
JAI DADI KI
Thursday, December 27, 2007
Review of our Investments
Mahalaxmi Seamless hits the buyers freeze before cooling down in late trade due to profit booking.. still closed 5% up @ 68.05
Premier Explosives jumped 6% up and closed @ 59-- with good volumes
Indo Borax made a high of 168 before cooling down @ 159.. this caustic soda sector is looking really hot...(heard some rumours about BIHAR CAUSTIC also.. it is also into caustic soda) Indo Borax long term tgts are very high.. keep holding
ETC Network and Nagpurt Power hits the buyer freeze..
As I told before and I again repeat that for long term investors it is the right time to get into Frontline IT stocks like TCS, WIPRO, INFOSYS, HCL Tech for reasons which have already been posted in the previous blog
Any feedback/queries would be highly welcomed in the form of comments below each post...
Happy Investing
INVESTOMANIAC
JAI DADI KI
Premier Explosives jumped 6% up and closed @ 59-- with good volumes
Indo Borax made a high of 168 before cooling down @ 159.. this caustic soda sector is looking really hot...(heard some rumours about BIHAR CAUSTIC also.. it is also into caustic soda) Indo Borax long term tgts are very high.. keep holding
ETC Network and Nagpurt Power hits the buyer freeze..
As I told before and I again repeat that for long term investors it is the right time to get into Frontline IT stocks like TCS, WIPRO, INFOSYS, HCL Tech for reasons which have already been posted in the previous blog
Any feedback/queries would be highly welcomed in the form of comments below each post...
Happy Investing
INVESTOMANIAC
JAI DADI KI
Rakesh/Rekha Jhunjhunwala sold 3506605 shares of HOEL...
Rakesh/Rekha Jhunjhunwala sold 3506605 shares of HOEL...on 26th Dec 2007
F&O EXPIRY-- HIGHLY VOLATILE DAY
Hi Friends, Today I didnt come up with any calls as today is the F&O Expiry for the December series and very high volatility is expected. Hence for the INVESTMENT PURPOSE this is not an ideal day either to BUY or SELL securities (barring some special circumstances like profit booking or a good stock ic available at dirt cheap price).
Mahalaxmi Seamless is doing good as expected hit the upper freeze yesterday and is already up by 7% till now.. can go for another upper freeze.. Tgt as said before is 90. All the recomendations in the recent past are doing good.. nagpur power upper freeze.. ETC Network upper freeze... pondy oxides up more then 4%... Indo Borax is doing good.. As told you all IT COMPANIES are the BEST BUY at the moment... ALL IT MAJORS ARE LOOKING GOOD FOR LONG TERM INVESTMENT (WIPRO, INFOSYS, TCS, HCL TECH)..
At this point of time just hold on to the investments made on my calls.. and continue to enjoy the profits...
Keep Adding Premier Explosives on all declines.... Stock is all set to FIRE....
Happy Investing
Investomaniac
JAI DADI KI
Mahalaxmi Seamless is doing good as expected hit the upper freeze yesterday and is already up by 7% till now.. can go for another upper freeze.. Tgt as said before is 90. All the recomendations in the recent past are doing good.. nagpur power upper freeze.. ETC Network upper freeze... pondy oxides up more then 4%... Indo Borax is doing good.. As told you all IT COMPANIES are the BEST BUY at the moment... ALL IT MAJORS ARE LOOKING GOOD FOR LONG TERM INVESTMENT (WIPRO, INFOSYS, TCS, HCL TECH)..
At this point of time just hold on to the investments made on my calls.. and continue to enjoy the profits...
Keep Adding Premier Explosives on all declines.... Stock is all set to FIRE....
Happy Investing
Investomaniac
JAI DADI KI
Wednesday, December 26, 2007
Todays Review
Hello Friends
As expected markets were in no mood to give up the run up it has been having since last couple of days.. let us take a look at how our stocks performed today..
SHORT TERM:-
Premium Explosives - made a high of 56.45 and finally closed up 2.30% @ 55.50
Mahalaxmi Seamless - Hits the buyer freeze...up 20% @ 65.85
Dhanush Tech - made a high of 313 in the afternoon before loosing some ground and closing @ 295.55
CMC - made a high of 1375 before loosing ground... and closing @ 1295
Cairn India - made a 52 week high of 242.65 and closed up 3.7% @ 241.5
REL ENERGY - made a high of 2138 before closing @2111 up 2.5%
MAHALAXMI SEAMLESS.... as told early morning.. more upside left...(BIG NEWS EXPECTED)
LONG TERM---
As i said and I REITERATE....IT Stocks are looking good for entry right now...
PREVIOUS CALLS--
Amongst my previous calls.. INDOBORAX and PONDY OXIDES moved up more then 5% each..
Suggestions and Feedback from the viewers are highly welcomed... for the time being you can post your queries or suggestions/feedback by posting the same in COMMENTS section... I can reply there..
Regards
HAPPY INVESTING
INVESTOMANIAC
JAI DADI KI
As expected markets were in no mood to give up the run up it has been having since last couple of days.. let us take a look at how our stocks performed today..
SHORT TERM:-
Premium Explosives - made a high of 56.45 and finally closed up 2.30% @ 55.50
Mahalaxmi Seamless - Hits the buyer freeze...up 20% @ 65.85
Dhanush Tech - made a high of 313 in the afternoon before loosing some ground and closing @ 295.55
CMC - made a high of 1375 before loosing ground... and closing @ 1295
Cairn India - made a 52 week high of 242.65 and closed up 3.7% @ 241.5
REL ENERGY - made a high of 2138 before closing @2111 up 2.5%
MAHALAXMI SEAMLESS.... as told early morning.. more upside left...(BIG NEWS EXPECTED)
LONG TERM---
As i said and I REITERATE....IT Stocks are looking good for entry right now...
PREVIOUS CALLS--
Amongst my previous calls.. INDOBORAX and PONDY OXIDES moved up more then 5% each..
Suggestions and Feedback from the viewers are highly welcomed... for the time being you can post your queries or suggestions/feedback by posting the same in COMMENTS section... I can reply there..
Regards
HAPPY INVESTING
INVESTOMANIAC
JAI DADI KI
Mahalaxmi Seamless
Mahalaxmi Seamless recom early morning due to some hot news hits the upper circuit.. ENJOY..... More to come...HOLD ON...
Stock Ideas-- Short/Long Term
Hi Guys.. Hope everybody enjoyed the christmas..!!
Markets should open mildly positive and I feel it is the right time for long term investors to enter the IT Giants, INFOSYS and WIPRO. The concerns on the cut in IT spending may be overly overblown there have not been any instances of large deals getting terminated or pushed out because of the economic situation as well as IT companies have taken appropriate measures to face the ruppe dollar issue as they have started billing their clients keeping in mind the dollar price per indian rupee of around Rs36.5/Rs 37. So as per the estimates of Citibank Research Team even if the dollar falls to 36-37 the IT companies will not be affected that much because they have already factored the appreciation with renewed contracts with their clients during this year... So its time to grab the IT Giants INFOSYS and WIPRO at low valuations right now for long term tgts of 3000 and 900 respectively (6 months+.
Another favourite stock of mines have started an upmove-- that is TAKE SOLUTIONS.. LONG TERM TARGETS for the stock is intact @ 1500. the stock was given around 950 levels few months back.. has started to move now.
In SHORT TERM as recomended PREMIER EXPLOSIVES is doing good and should continue the upmove.. There is some HOT NEWS COMING on MAHALAXMI SEAMLESS... GRAB THE STOCK IF ANYONE CAN EARLY MORNING for a tgt 0f 90++ (delivery) ... DHANUSH TECH, CMC,CAIRN INDIA and REL ENERGY are looking very good for 2-3 days perspective....
Markets should open mildly positive and I feel it is the right time for long term investors to enter the IT Giants, INFOSYS and WIPRO. The concerns on the cut in IT spending may be overly overblown there have not been any instances of large deals getting terminated or pushed out because of the economic situation as well as IT companies have taken appropriate measures to face the ruppe dollar issue as they have started billing their clients keeping in mind the dollar price per indian rupee of around Rs36.5/Rs 37. So as per the estimates of Citibank Research Team even if the dollar falls to 36-37 the IT companies will not be affected that much because they have already factored the appreciation with renewed contracts with their clients during this year... So its time to grab the IT Giants INFOSYS and WIPRO at low valuations right now for long term tgts of 3000 and 900 respectively (6 months+.
Another favourite stock of mines have started an upmove-- that is TAKE SOLUTIONS.. LONG TERM TARGETS for the stock is intact @ 1500. the stock was given around 950 levels few months back.. has started to move now.
In SHORT TERM as recomended PREMIER EXPLOSIVES is doing good and should continue the upmove.. There is some HOT NEWS COMING on MAHALAXMI SEAMLESS... GRAB THE STOCK IF ANYONE CAN EARLY MORNING for a tgt 0f 90++ (delivery) ... DHANUSH TECH, CMC,CAIRN INDIA and REL ENERGY are looking very good for 2-3 days perspective....
Monday, December 24, 2007
Premier Explosives up 5.54%
Premier Explosives recomended last night was up more then 5% today itself. It made a high of 55 and finally closed @ 54.25, which is a good closing based on the closing this stock has had in the past one year with very high volumes. I presume the stock will continue its upward movement which was long awaited. Due to some of the positive developments in the management the company is all set to achieve my target of 90+ in coming days. Keep adding in small quantity those who want to add. Fresh Investors can buy on the next trading day ie: Wednesday.
Till then..
Happy Christmas to all my friends
Investomaniac
Jai Dadi Ki
Till then..
Happy Christmas to all my friends
Investomaniac
Jai Dadi Ki
Market Views-- A small week ahead
Hi Guys.
As i said yesterday the Gujarat Results will have a HIGH SCALE IMPACT on our markets.
The Mid Term Polls now might get delayed and hence the market players will take it in a positive stride. Moreover we can see a gap up opening on monday and it can continue through out the short trading week. A global rally and political relief (from a mid term election) combined with the F&O settlement in a SHORT TRADING WEEK will lead to huge rollover activity.
Keep an eye on my latest delivery call
Happy Investing.
Investomaniac
Jai Dadi Ki
As i said yesterday the Gujarat Results will have a HIGH SCALE IMPACT on our markets.
The Mid Term Polls now might get delayed and hence the market players will take it in a positive stride. Moreover we can see a gap up opening on monday and it can continue through out the short trading week. A global rally and political relief (from a mid term election) combined with the F&O settlement in a SHORT TRADING WEEK will lead to huge rollover activity.
Keep an eye on my latest delivery call
Happy Investing.
Investomaniac
Jai Dadi Ki
Sunday, December 23, 2007
Premier Explosives (Short Term Delivery)
Buy Premier Explosives (BSE: 526247) @ CMP for short term delivery
Reasons for Investment
Business Profile:-
Premier Explosives (PEL) was incorporated initially as a private limited company in the year 1980. The company later got converted into a public limited company in the year 1987. Premier Explosives manufactures an entire range of explosives and accessories for the civil requirements. The company`s R&D facility is recognised by the Council for Scientific and Industrial Research (CSIR), Government of India, as an established research centre. It is also recognised as a research base for Ph.D. work by the Osmania University, Andhra Pradesh. The company also has a mushroom division at Medchal, near Hyderabad. (which it has sold this year for around about 18 crores)
Financials
The company registered a net sales of Rs 683.92 million for the financial year 2006 as compared to Rs 587.68 million in the previous year. The company registered a net profit of Rs 30.71 million in the financial year 2006 as compared to Rs 24.92 million in the previous year. During the third quarter of the financial year 2007, the company generated sales of Rs 159.26 million as compared to 169.26 million in the same period last year and the net profit stood at Rs 7.94 million as compared to Rs 5.08 million in the third quarter of the financial year 2006. The company reported a phenomenal jump in net profit for the quarter ended June 2007. During the quarter, the company rose 2.42 times to Rs 32.38 million, from Rs 13.39 million in the same quarter, last year
Factors which makes the stock a MUST BUY
The company is focussing entirely on defence deals at the moment (where payments are late, but the margins are very very high). The newly inducted Independent Director of the company Mr. P R Tripathi is a Mining Engineer and former Chairman & Managing Director of National Mineral Development Corporation Ltd. With his influence in the top companies like GMDC, Coal India Ltd etc, the company is expected to get many bulk orders. (I am expecting a bulk order announcement in the coming days).Apart from that the company has streamlined and revamped its management recently which has started showing in terms of increase in efficiency. As per a news article published in a business daily few months back the company is manufacturing entire range of defence equipments including Missile Fuels. It is also being known that the company is already planning to double its capacity for Missile Fuel production. It has already got some contracts for supplying missile fuels which will definitly have a positive impact on the coming quarters results. The company hs also bought 150 acres of land near Hyderabad and is expected to strike another land deal in the coming days to help its capacity expansion plans. The promoters of the company have marginally increased their stakes in the company in the last quarter. The company also has 2 overseas joint ventures in Georgia and Turkey, the benefits from which are to be seen in the upcoming results.
Defence is a sector in which demand is always at premium the only concern is whether the company can supply the required order or not. And with the capaciy expansions and revamped management premier Explosives is all set to make it count big. It is trading cheaply as per the valuations and hence the risk factor is very less.Book Value: Rs.22.02EPS: Rs.3.24Market Cap: Rs.41.78 CrP/E: 15.89Dividend: 15%Dividend yield: 2.92 %Return on Net worth: 14.7AND CURRENT MARKET PRICE Rs 50??... looks very cheap even comparing to its closest competitors the stock should be trading in the range of 90++ on a very conservative basis.
I feel that it is a Least Risk Investment with very limited downside. Its 52 week low is Rs 34 and high is Rs 66. The script has consolidated for the past one year at around Rs 50. As per the charts it is on the verge of a breakout and can move up anytime.
Hence forth I feel it is a real hiden gem @ CMP.. and one should have it in there portfolio for a 90 day view for a tgt of 90++
(Due to volatile market conditions and political issues governing the markets as of now, I would advice a stop loss of around Rs 45 for very short term Investors, long term holders can buy and hold)
Happy Investing
Investomaniac
Jai Dadi Ki
Reasons for Investment
Business Profile:-
Premier Explosives (PEL) was incorporated initially as a private limited company in the year 1980. The company later got converted into a public limited company in the year 1987. Premier Explosives manufactures an entire range of explosives and accessories for the civil requirements. The company`s R&D facility is recognised by the Council for Scientific and Industrial Research (CSIR), Government of India, as an established research centre. It is also recognised as a research base for Ph.D. work by the Osmania University, Andhra Pradesh. The company also has a mushroom division at Medchal, near Hyderabad. (which it has sold this year for around about 18 crores)
Financials
The company registered a net sales of Rs 683.92 million for the financial year 2006 as compared to Rs 587.68 million in the previous year. The company registered a net profit of Rs 30.71 million in the financial year 2006 as compared to Rs 24.92 million in the previous year. During the third quarter of the financial year 2007, the company generated sales of Rs 159.26 million as compared to 169.26 million in the same period last year and the net profit stood at Rs 7.94 million as compared to Rs 5.08 million in the third quarter of the financial year 2006. The company reported a phenomenal jump in net profit for the quarter ended June 2007. During the quarter, the company rose 2.42 times to Rs 32.38 million, from Rs 13.39 million in the same quarter, last year
Factors which makes the stock a MUST BUY
The company is focussing entirely on defence deals at the moment (where payments are late, but the margins are very very high). The newly inducted Independent Director of the company Mr. P R Tripathi is a Mining Engineer and former Chairman & Managing Director of National Mineral Development Corporation Ltd. With his influence in the top companies like GMDC, Coal India Ltd etc, the company is expected to get many bulk orders. (I am expecting a bulk order announcement in the coming days).Apart from that the company has streamlined and revamped its management recently which has started showing in terms of increase in efficiency. As per a news article published in a business daily few months back the company is manufacturing entire range of defence equipments including Missile Fuels. It is also being known that the company is already planning to double its capacity for Missile Fuel production. It has already got some contracts for supplying missile fuels which will definitly have a positive impact on the coming quarters results. The company hs also bought 150 acres of land near Hyderabad and is expected to strike another land deal in the coming days to help its capacity expansion plans. The promoters of the company have marginally increased their stakes in the company in the last quarter. The company also has 2 overseas joint ventures in Georgia and Turkey, the benefits from which are to be seen in the upcoming results.
Defence is a sector in which demand is always at premium the only concern is whether the company can supply the required order or not. And with the capaciy expansions and revamped management premier Explosives is all set to make it count big. It is trading cheaply as per the valuations and hence the risk factor is very less.Book Value: Rs.22.02EPS: Rs.3.24Market Cap: Rs.41.78 CrP/E: 15.89Dividend: 15%Dividend yield: 2.92 %Return on Net worth: 14.7AND CURRENT MARKET PRICE Rs 50??... looks very cheap even comparing to its closest competitors the stock should be trading in the range of 90++ on a very conservative basis.
I feel that it is a Least Risk Investment with very limited downside. Its 52 week low is Rs 34 and high is Rs 66. The script has consolidated for the past one year at around Rs 50. As per the charts it is on the verge of a breakout and can move up anytime.
Hence forth I feel it is a real hiden gem @ CMP.. and one should have it in there portfolio for a 90 day view for a tgt of 90++
(Due to volatile market conditions and political issues governing the markets as of now, I would advice a stop loss of around Rs 45 for very short term Investors, long term holders can buy and hold)
Happy Investing
Investomaniac
Jai Dadi Ki
Saturday, December 22, 2007
Previous Delivery Calls
For all the new members and visitors these are some of the investment ideas which I had recomended earlier
ETC Network- Recomended at 145 last month tgt 400 right now 250
Conart Engineers- Recomended @ 23 2 months back tgt 40 Achieved
Kamanwala Housing- Reco @ 100 2 months back tgt 180+ ACHIEVED
INDIAINFOLINE - Reco @ 530 arnd August end... tgt 1200 - 1500 tgt Achieved last week
Pondy Oxides- Reco @ 18 last month tgt 35++ Tgt Achieved
Garnet Construction- Reco @ 60 last month Tgt 90+.. tgt achieved last week
Zee TV- Reco @ 265 3 months back-- Long term tgt 4 figures (1000).. CMP arnd 330
Indo Borax & Chemicals- reco @ 140...2 weeks back tgt 300 CMP 155 approx.. (Still a BUY)
BNK Capital- reco @ 80 tgt 120 in short term 300 in end 2008.. CMP 107 approx..
WINSOME TEXTILES - reco @ 48 last week.. tgt 75++ CMP 46.. (Still a BUY.. Accumulate at lower levels if market falls.. which i presume will... let us wait for the Gujrat Results)
and many others...... ONLY DELIVERY>>> NO INTRADAY>>
Happy Investing
ETC Network- Recomended at 145 last month tgt 400 right now 250
Conart Engineers- Recomended @ 23 2 months back tgt 40 Achieved
Kamanwala Housing- Reco @ 100 2 months back tgt 180+ ACHIEVED
INDIAINFOLINE - Reco @ 530 arnd August end... tgt 1200 - 1500 tgt Achieved last week
Pondy Oxides- Reco @ 18 last month tgt 35++ Tgt Achieved
Garnet Construction- Reco @ 60 last month Tgt 90+.. tgt achieved last week
Zee TV- Reco @ 265 3 months back-- Long term tgt 4 figures (1000).. CMP arnd 330
Indo Borax & Chemicals- reco @ 140...2 weeks back tgt 300 CMP 155 approx.. (Still a BUY)
BNK Capital- reco @ 80 tgt 120 in short term 300 in end 2008.. CMP 107 approx..
WINSOME TEXTILES - reco @ 48 last week.. tgt 75++ CMP 46.. (Still a BUY.. Accumulate at lower levels if market falls.. which i presume will... let us wait for the Gujrat Results)
and many others...... ONLY DELIVERY>>> NO INTRADAY>>
Happy Investing
My 1st delivery pick on this blog...
BUY K Sera Sera Productions (BSE: 532081 NSE: KSERAPRO) @ CMP tgt 75++ (maximum time frame-- 90 days) Long Term Tgt is in 3 figures
Reasons for Investment- Purely Fundamental/Business Approach/ Company Turnaround.
The company has turnedaround recently and is all set for 2 mega releases in the next couple of months. There is also a Dubai story in this company which very few people know. It has revamped the dubai operations recently and the revenues from that stream is likely to be catered in the coming days. Company has recently finished the placement of 4761900 GDRs @ USD 5.25 per GDR in Luxembourg Stock Exchange (details available in NSE website), The script is being heavily accumulated at this range. According to me the share is trading at very low valuation and is worth a buy at CMP.
(However I would advice people to BUY in small qty because of the uncertain market condition at this point of time... I beleieve the Gujrat elections results will have a lot of impact on the stock markets and going forward in January, we might see a sharp fall, CPI opposing the nuke deal, and threats coming again to withdraw support, Budget on the way.... A lot of volatility and downside can be expected. But for those who have a 1 year view can buy for any qty... because the long term targets are intact. For short term, the script might fall if the market falls.. hence buy in small qty and then accumulate later) Lots of news coming soon in this counter... will share those in due course.. People who invest in my calls remem INDIAINFOLINE ?... i broke the news of its entry into mutual fund business and other financial services when the stock price was 530.. tgt 1500 achieved last week.... (the news hit the market some time last week... and the price has already been factored... so dont see it going above 2000 as of now..)
Happy Investing... More to come......
Disclaimer
Disclaimer: This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained in this article are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Myself (The owner of this blog) or any of the contributors to this blog may be investing in, or have positions in the securities mentioned in the articles. Neither myself nor any of the contributors accepts any liability arising out of use of the above information/article. In this blog the stocks are analysed using fundamental and value analysis, which is the core of Investing. Genuine attempts are made in this blog to present correct information, however we do not guarantee 100% accuracy. The BLOG IS NOT RESPONSIBLE for any LOSS in the investments made, following the recommendations here. Reproduction in whole or in part without written permission is prohibited
Reasons for Investment- Purely Fundamental/Business Approach/ Company Turnaround.
The company has turnedaround recently and is all set for 2 mega releases in the next couple of months. There is also a Dubai story in this company which very few people know. It has revamped the dubai operations recently and the revenues from that stream is likely to be catered in the coming days. Company has recently finished the placement of 4761900 GDRs @ USD 5.25 per GDR in Luxembourg Stock Exchange (details available in NSE website), The script is being heavily accumulated at this range. According to me the share is trading at very low valuation and is worth a buy at CMP.
(However I would advice people to BUY in small qty because of the uncertain market condition at this point of time... I beleieve the Gujrat elections results will have a lot of impact on the stock markets and going forward in January, we might see a sharp fall, CPI opposing the nuke deal, and threats coming again to withdraw support, Budget on the way.... A lot of volatility and downside can be expected. But for those who have a 1 year view can buy for any qty... because the long term targets are intact. For short term, the script might fall if the market falls.. hence buy in small qty and then accumulate later) Lots of news coming soon in this counter... will share those in due course.. People who invest in my calls remem INDIAINFOLINE ?... i broke the news of its entry into mutual fund business and other financial services when the stock price was 530.. tgt 1500 achieved last week.... (the news hit the market some time last week... and the price has already been factored... so dont see it going above 2000 as of now..)
Happy Investing... More to come......
Disclaimer
Disclaimer: This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained in this article are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Myself (The owner of this blog) or any of the contributors to this blog may be investing in, or have positions in the securities mentioned in the articles. Neither myself nor any of the contributors accepts any liability arising out of use of the above information/article. In this blog the stocks are analysed using fundamental and value analysis, which is the core of Investing. Genuine attempts are made in this blog to present correct information, however we do not guarantee 100% accuracy. The BLOG IS NOT RESPONSIBLE for any LOSS in the investments made, following the recommendations here. Reproduction in whole or in part without written permission is prohibited
INVESTOMANIAC
This blog is made for Delivery Based Investors in Stock Markets... It is created with an intention to share the investment ideas which i derive thorugh extensive research backed by strong fundamental and value analysis of listed companies in diffrent sectors as well as news shared from varios reliable sources (Horses Mouth)..The name INVESTOMANIAC has been chosen because lot of people with whom i have been sharing my ideas know me by the this nick. Your feedback regarding this initiative will be highly obliged.
All The Best... Jai Dadi Ki
All The Best... Jai Dadi Ki
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