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ROCKET STOCK.... BIHAR TUBES Ltd. at 68/- Target of 95/- & 155/-
Posted by :
bharat in delhii read, WE MANUFACTURE in the text? a slipup? anyway what is this obviously promotional message doing in L%T board?...
ROCKET STOCK.... BIHAR TUBES Ltd. at 68/- Target of 95/- & 155/-
Posted by :
RShiva
what happened to ur call on navneet publications?
I haven`t tracked ur other calls that u have listed here. But Navneet is still around 41....
ROCKET STOCK.... BIHAR TUBES Ltd. at 68/- Target of 95/- & 155/-
Posted by : India_bulls
ROCKET STOCK.... BIHAR TUBES Ltd. at 68/- Target of 95/- & 155/-
Bihar Tubes Ltd Trading in BSE at 68/-in B Group. (BSE Code- 590059) Target 95 & 155/- for short term. Safe Investment at 68/-. Expected EPS 25/- for 2009-10. as per this PE only 2.5 for this industry average PE was 13 if we take minimum 10 it will go 250/- +++; Good Dividend yielding at 10% per Annum. Company given good Bonus 1:1 in 2007. Company having good Reserves and Good Book Value at 95/- and good land Bank in Delhi and UttarPradesh and Tamilnadu. This stock worth up to 150/- to 250/- as per reserves and profits and company value. Some good news coming out soon.
See My last calls IFCI given at 42/- Touched 53/- just 2 days time 25% return in 2 days time. And Eastern Silk Ltd Given at 13.5/- touched 20.25/- within 1 week time.
See My last 1 Month Calls 1) IFCI given at 42/- Reached 53/- just 2 day 2) Eastern Silk Ltd given at 13.5/- touched at 20.25/- just 5 days 3) Ponni Sugar given at 55/- touched 110/-
3) Vikas WSp given at 21/- Touched 35/- 4) Techtran Poly given at 11/- Touched 27/- 5) Guj Borosil given at 11/- Touched at 17.5/- 6) RPG LifeScince given at 22/- Touched 59/--.
Very Valuable stock Bihar Tubes Ltd at 68/- current Market Situation; In this Market correction time Buy safe stocks like Bihar Tubes Ltd at 68/- EPS 25/-; PE 2.5; Good Dividend paying company and Bonus candidate.; So happily Buy at current price at 68/- and sell at 95/- to 155/- within Short period. Risk free investment at 68/-. Because Good Value Stock at 68/- Company Expansion Income and profits will come Next Quarter on wards.
Bihar Tubes Ltd ; trading in BSE at 68 /- in B Group. 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 68/- Expecting Annual EPS 25/- for 2009-2010, with PE 2.5 only. Normally in worst condition also PE will at 10 for this Industry. If we take 10 PE It will go Rs. 250/- +++.
Bihar Tubes Ltd Declared Results for First Quarter Income 132Cr and Net Profit was 10Cr and Second Quarter Income 140Cr and Net Profit was 8Cr for Half year Net profit was 18 Cr Equity 20 Cr EPS 17/- and Next Quarter onwards Expansion income will add (Hosure Plant recently commissioned) so Expectin EPS for 2009-10 is 25/-.
Share Holding Pattern:
Promoters : 53%; Corporate Bodies : 24%; Public only 21% Others 2%.
Bihar Tubes Ltd have a large scale unit engaged in manufacturing and exporting galvanized steel tubes, galvanized steel pipes and welded black pipes/tubes. We manufacture steel tubes for a range of applications like Mild Steel Tubes for structural purpose and mechanical & general engineering purpose, ERW Pipes for water, gas & sewerage, Steel Tubes for idlers of belt conveyors, water wells and Lancing Pipes for various automotive & industrial applications
Bihar Tubes Ltd has informed that Bihar Tubes achieved 75% Growth in Production.
Bihar Tubes Commissiones First Phase of Hosure Project:
Bihar Tubes Limites. Believing in its numerous strategic strengths and ability to lead industry matrix, successfully commissioned frist phase of its state of art manufacturing facilities at Hosur (Tamilnadu). This greenfeild project spread across 24 acres has the ability to produce 200,000 MT ERW black Pipe, Galvanized Pipes, Hollow Sections, and Structural Tubes per annum of ˝” to 12” as outer diameter and up to 10mm wall thickness.
Recently Bihar Tubes Awarded "UL Certification”
This company has a great future. Even if we give a conservative P/E of 10 (Industry Avarage PE was 15), It should be trading at Rs. 250+ based on FY 2009-10earnings. So there is a long way to go. Investors with faith in Bihar Tubes Ltd Management and having patience will definitely earn a lot.
Possitive Points for this stock for Up moving:
1) Bihar Tubes Ltd trading at 68/- in BSE; Doing Very good Profit making company and Good dividend paying company.
2) Recently declared Good results Half year NetProfit 18 Cr. And Expansion NetProfit will add next quarter. Estimating EPS for 2009-10 was 25/- as per this PE only 2.5 if we take minimum PE 10 it will go 250/- ++++.
3) Bonus given 1:1 on 2007.
4) Mumbai Bulls and Operators are accumulating at current price. Because Stock is available at very cheep price at 68/-; Compare to all stocks good value at present Market situation.
5) Company Having good reserves and Good land with Building at Delhi, UP and Thailanadu.
6) Some good News coming out soon
7) Valuable Stock at 68/- Because Good reserves and Good Land and good profits 25/- EPS as per this minimum 155/- to 250 worth stock.
Enter current price at 68/- Short term Target 95/- & 155/- Medium TermTarget 250/-Strong Fundamentals.
Happy Investing...
BIGBULLS
MUMBAI
...
Excellent Tax Planning
Posted by : Guest
L&T booked short term capital loss of aprox 100cr. (may be more but surely not less). Last yr around december they bought large qty of satyam shares at around 200+level, Now sold at 113 per share a loss booking of around 80 rs per share.Unless they have short term capital gain this can`t be set off nor carried forward, Obviously one can hope that some time in jan`10 they sell another half of their holding may be at around 140+ thus making a killing profit, further last years mark to market reversal of aprox 300-400 cr loss also boost mar`10 qtrly result.
All in all wait for a fire work at L&T during the first qtr of 2010.
GOOD LUCK AND STAY INVESTED...
Buy LARSEN in dips for long term.
Posted by :
bhatpraveenhehehe...
Buy LARSEN in dips for long term.
Posted by :
naresr1jYar, ye chandukhanay ki khabreyn kahan say latey ho........
larson & Toubro
Posted by : chaloo bhai
L&t has a core unit in IT named as L&T infotech. so they wanted to expand L&T infotech by overtaking satyam.
they never invested in satyam for investment. it was an attempot to buy majority stake in satyam. so they bought some of it from the market before the bidding. as now satyam has gone to tech mahindra there is no point keeping satyam with them. hope you understood the basic now....
larson & Toubro
Posted by : chaloo bhai
L&T got stuck with the invested money in satyam. so they are coming out of it. there was a 6 month lock in period which ends in oct 2009.
so they decided to sell it on modest profits.
there is no loss incurred.
...
Buy LARSEN in dips for long term.
Posted by : srisri223
Buy LARSEN in dips for long term.
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larson & Toubro
Posted by : tara23nothing wrong in generating wrong income......
larson & Toubro
Posted by : karshinthen what was the necessity to sell in loss. I am unable to understand. can you give some reason for this....
larson & Toubro
Posted by : lion407
Karshin:
L&T should have NO business getting into IT or investing into IT firms.. they have enough `orders` in core function which they should focus on. Expect for the cash-flow needs, they should not get into investments which are not in primary line of core activities. No need of increasing `other income` where as loosing potential in core.....
larson & Toubro
Posted by : cmetAfter Satyam was taken over by Tech Mahindra, L&T does not see their investment in Satyam as a core investment. They have therefore been waiting for an opportune price to sell off their stake holding at a profit. No doubt the i/3rd stake sale will bring in cash which can be used for their other operations....
larson & Toubro
Posted by : karshinIf this is the reason then loss taken on the sale of these share will certainly bring down the profit of larsen or they are expecting abnormal profit so they have sold this investment for tax benefit? ANY ONE WHO WOULD LIKE TO CLARIFY IS WELCOMED...
larson & Toubro
Posted by : T-LThey need to exercise their rights option in City Union and for this they need cash . . . so just reallocating the funds...
