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25 Nov 2009 22:58

ROCKET STOCK.... COMPACT DISC INDIA Ltd. 67/-; TARGET 85/- & 155/-

Posted by :

India_bulls
Price when posted : BSE: Rs 1650.45 ( 0.13 % ), NSE: Rs. 1650.80 ( 0.09 % )

ROCKET STOCK.... COMPACT DISC INDIA Ltd. 67/-; TARGET 85/- & 155/-

COMPACT DISC India Ltd Trading in BSE at 67/-in B Group. Target 85/- for short term & 155/- for Medium Term. Safe Investment at 67/-.

COMPACT DISC INDIA Ltd., Trading in BSE (Code: 526141) at 67 /- in B Group. This is 10/- FaceValue . Daily accumulating company circle people. And Daily grabbing with Mumbai BIG BIG Bulls also because of Now stock is available at very very cheep price at 65/- Annual EPS 41/- for 2008-2009, with PE 1.5 only. And Company Estimated EPS for 2009-10 is 67/-, As per this EPS PE only 1/-Narmally in worst condition also PE will at 5 for Animation Industry. If we take 5 PE It will go Rs.350/- +++.

Board Meeting on 30th November for 20% dividend declaring.

Compact Disc India Ltd has informed that Seengal Capital Advisors Pvt. Ltd an investment arm of the promoters of CDI and iMedia Ventures Ltd. have offered to buy upto 40% equity of Compact Disc India Ltd by open offer. So Offer may be Rs.90/- or more.

Promoters Increasing their holding from 16% to 20% recetly.

Book Value 75/-; EPS 41/- for 2008-09 and Estimating EPS for this year 2009-10 is 67/-.
20% Dividend paying company,

Compact Disc India Ltd has informed that the Company has signed MOU with BBC Films to co-produce film, "Blame it On The Bhangra". The film is an uplifting and larger-than-life musical comedy set in contemporary London, but in a world where nation has been swept up by Bhangra. The story centres on a British-Asian girl disguises herself as a boy in the hope of winning the tournament and claiming ultimate Bhangra glory.

COMPACT DISC INDIA Ltd; Doing Animation Business and Dividend Paying company; company has declared its first and second quarter results for 2009-20010 with Net Profit of 1st Quarter 9.1 Crores and Second Quarter 12.8 Crores NetProfit . And declared Projections of this year Net Profit of 67 Cr and EPS 67/-. As per this PE just 1 and declaring 20% dividend.CDI is fast emerging as Asia`s undisputed leader in the animation film industry. The Company is presently working on prestigious international assignments worth US $ 65.80 million (Rs 282 crore).

Recently Company Annonced
1. Allotted 14,00,000 Convertible Warrants of the Company at a Price of Rs 100/- each to Pariscope Pictures Pvt. Ltd. after receiving Rs 1,40,00,000/- being 10% of total issue price. The Warrants will be convertible within a period of 18 months at the option of allottee, into fully paid-up equity shares of Rs 10/- each at a premium of Rs 90/- per share.
2. Approved the budget of US$ 63 million (Rs 309 crore) for the animation feature film, multi-platform gaming and merchandising of a project with Pele, a legendary and Brazilian Soccer King.
3. Approved to subscribe minimum 50% in the equity of Laser Infomedia Ltd., a Company to set-up Gaming Development & Publishing project.
4. Approved the mid-term loan of US$ 10 million offered by iMedia Ventures Ltd. at a rate, Libor plus 175 basis points for a period of 10 years. This loan will be secured in a foreign Company promoted by CDI.
5. Compact Disc India Ltd has informed that the Company has set-up wholly-owned subsidiary, Premier Brands Pvt. Ltd. for Brands Licensing & Merchandising business. The Company has already been allotted industrial land by the Government of Himachal Pradesh at Baddi, near Chandigarh.

It is woth noting that both the Top Managment people i.e. Chairman Sureshkumar and Managing Director Gautamji are well qualified M.B.A.s and very competent in Animation field.
This company has a great future. Even if we give a conservative P/E of 5, It should be trading at Rs.350+ based on FY 2009-10earnings. So there is a long way to go. Investors with faith in CDIL management and having patience will definitely earn a lot.

Possitive Points for this stock for Up moving:

1) Mumbai Bulls and Operators are accumulating at current price. Daily above 70% to 80% delivery in BSE.
2) Company doing very good with EPS 41/- PE only 1.5 for this year 2008-09; Available very cheep at 67/-.
3) Company Projected EPS for 2009-2010 is 67/-as per this PE just 1.
4) Equity is very small at 9.5 Crores (Animation Company)
5) Company People buying at this cheep price because company having good order book.
6) Good Dividend Paying Company. And November 30th EGM for declaring 20% dividend for 2008-09.
7) Planning to go Open offer May be Rs. 90/- or more price.

Enter current price at 67/- Short term Target 85/- Medium TermTarget 155/-Strong Fundamentals.
Happy Investing...

BIGBULLS
MUMBAI
...

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