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ZICOM SECURITY- ON A BREAK OUT???
Posted by :
stocktake
Appreciate your response. My source among others was this too //money.rediff/companies/zicom-electronic-security-systems-ltd/13110043/results-quarter
But could you please explain how by relative valuations this would not have been a good pick had the PE been as stated in the link?
Thanks...
ZICOM SECURITY- ON A BREAK OUT???
Posted by :
valuesearcher
Its eps is 15.5 and not 7.7 so pe is around 6.8 and not 12.5...
at a pe of 12.5 this not had been a good pick using relative valuations......
BSE Announcements on Zicom Security
Posted by :
MMB MessengerZicom Electronic Security Systems Ltd has submitted to BSE a copy of proceedings of the 15th Annual General Meeting (AGM) of the Company held on August 29, 2009....
ZICOM SECURITY- ON A BREAK OUT???
Posted by : stocktake
This gem is on a break out I guess. Company has impressive credentials:
1. Has shown excellent profits in the last quarter.
2. PE is 12.5
3. EPS is over 7.7
4. had a break out today and is a god buy for the short term at Rs 102/-. The next resistance would be around 115-118 ( which incidentally also is its 52 week high- in Jan 2009)
5. with increasing thrust on security in homes, industries and Banks, the products of the company will have a good demand in the coming days
6. Basically this is a company which puts a lot of thrust on innovation and has been the first to introduce central monitoring station and wireless security systems in India
7. Home security products brought out by Zicom are cheap and has guarentees against breakdown, which has not been seen in the market up until now.
overall, I think that the company motto of "feel safe" is correctly applicable to investors too at this stage. And why not if some money also can be made riding on this safety forays???!!
Any views?
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bought at rs 95
Posted by : stocktake
Should hold on to this stock. It is on a break out. I expect it to tch Rs 135/- in the short term. PE is low and earnings high.
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NSE Announcements on Zicom Security
Posted by : MMB MessengerZicom Electronic Security Systems Limited has submitted to the Exchange a copy of the minutes of the Annual General Meeting of the Company held on September 29, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
I have bought ZICOM for 95 & would like to know the future should i hold or sell....
bought at rs 95
Posted by : smallman
If you are a student and a long term investor why you are afraid of doing anything. You are in right sector and right stock. Hold it atleast 6 months from now. You would get good return. Smallman.
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bought at rs 95
Posted by : hardikmsmwhat should i do i am a student and a long term investor...
NSE Announcements on Zicom Security
Posted by : MMB MessengerZicom Electronic Security Systems Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Zicom Security
Posted by : MMB Messenger
Zicom Electronic Security Systems Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on August 29, 2009, inter alia, have accorded the following:
1. Audited Accounts as on March 31, 2009 and the Reports of the Board of Directors and Auditors thereon.
2. Declaration of Dividend @ Re. 0.70/- (Paise Seventy only) per share (7%).
3. Re-appointment of Mr. Manohar Bidaye & Mr. Vijay Kalantri as Directors of the Company liable to retire by rotation.
4. Re-appointment of M/s. P Raj & Co., Chartered Accountants, as Auditors of the Company....
NSE Announcements on Zicom Security
Posted by : MMB MessengerZicom Electronic Security Systems Limited has informed the Exchange that the members of the Company at the Annual General Meeting (AGM) of the Company held on August 29, 2009, have approved the following: 1) Audited Accounts as on March 31, 2009 and the reports of the Board of Directors and Auditors thereon. 2) Declaration of Dividend @ Re. 0.70/- (Paise Seventy only) per share (7%). 3) Re-appointment of Mr. Manohar Bidaye as Director of the Company liable to retire by rotation. 4) Re-appointment of Mr. Vijay Kalantri as Director of the Company liable to retire by rotation. 5) Re-appointment of M/s. P. Raj & Co., Chartered Accountants, as Auditors of the Company....
Ready to break out
Posted by : prjayachandran
Zicom Security Systems is a leader in electronic security market which offers strong growth possibilities. It is planning to open 180 exclusive retail outlets by 2011 which will expand its market further. It has a joint venture with CNA group, Singapore for offering integrated intelligent building management solutions. Companies prefer Zicom over unorganised players as it provides complete electronic security solutions. It has also tied up with Future group to have exclusive outlets at its retail show rooms like Pantaloons and Big Bazaar etc.
Growing awareness about electronic security systems and lack of competition in the market ensures good prospects for this company.
The company has TTM EPS of Rs.15.85 and the present PE is a lowly 5.7.
The share price is ready to break out of a strong pennant pattern. The first resistance is at Rs.115 and then at Rs.132....
Ready to breat out
Posted by : prjayachandran
Zicom Security Systems is a leader in electronic security market which offers strong growth possibilities. It is planning to open 180 exclusive retail outlets by 2011 which will expand its market further. It has a joint venture with CNA group, Singapore for offering integrated intelligent building management solutions. Companies prefer Zicom over unorganised players as it provides complete electronic security solutions. It has also tied up with Future group to have exclusive outlets at its retail show rooms like Pantaloons and Big Bazaar etc.
Growing awareness about electronic security systems and lack of competition in the market ensures good prospects for this company.
The company has TTM EPS of Rs.15.85 and the present PE is a lowly 5.7.
The share price is ready to break out of a strong pennant pattern. The first resistance is at Rs.115 and then at Rs.132....
