Online
|
|
L&T wins a Contract
Posted by :
lion407
Thank you Sirs.. On technical side - weekly its still fine, on daily charts, just couple of days ago it has broken 20 DMA and came out - may be ready to go up. Lets see....
L&T wins a Contract
Posted by : GuestI fully agree with you Mr. Tunga. There are many activities involved in completing a project. There are also deferred payment terms in the contracts. Unless projecte is fully executed as per the contractual terms no customer will make a final payment. This is the problem in major contracts. L & T only is the capable of handling such projects. ...
L&T wins a Contract
Posted by :
anirudhdiptimanIt is a good question Lion. But understand that contracts which are won now may yeild revenues and cash flows lets say in 4 th quarter or may be next FY. Any given day this stock is the best bet. Someone has written it will cross 2100 mark. He is right. This is a good buy at current levels also....
L&T wins a Contract
Posted by : uttam_hv
The issue in first quarter was about the order book growth as it did not grow on par with market expectations.
In second quarter the issue was solved.
but revenue growth was not as expected due to the clearance delay of various contracts.
But the company will definitely show huge boost in balance sheet from Q4 onwards.
So if u hold this stock for next 6 months t0 1 year we can see above 2000 levels....
L&T wins a Contract
Posted by : tunga
Hello lion407
You asked a very tricky question. Market sentiments on the script and the actual functioning of the company have no relationship. If you don`t mistake me Market is mad. The purchase and sale price go on some predictions and other market sentiments.
I had seen earlier some script where the company was loosing the script soaring at very high level.
It is always better to buy hold “A” group known scripts for investors like us.
This script will move up shortly.
...
L&T wins a Contract
Posted by : lion407
Hi tunga: Thanks for informative write-up. It helps. I am still having my holdings intact. Everyone understand L&T is in long cycle business and hence realisation of actual #s may take time, but then - why there is no movement at all in this script? Are there any issues in cash-flow beyond published balance sheets we see? These questions come along when due to obvious reasons and very likely I am wrong. ...
Buy L&T Nov Futures between 1592-1605
Posted by :
BullGenie
trading call for 11 nov 2009:
short term BPCL target 545 in 1-2days
medium term ICICI target 980 in 7-8 days...
Buy L&T Nov Futures between 1592-1605
Posted by : BullGenieBuy L&T Nov Futures between 1592-1605 (Current Market Price = 1595) for target of 1702 in 5 days. Stop Loss on the futures should be Rs 1540 on closing basis....
L&T wins a Contract
Posted by : tunga
Hello lion407
L&T is an Engineering company in private sector Like BHEL in public sector. The products are not made and kept for sale. They are made to order (Specifications) and called projects. They have a manufacturing unit where electrical switches are made.
L&T is now undertaking big projects like Heavy machines Fly overs, Bridges, Thermal Power generation units,Neuclear power equipments (recently undertaken for submarine) Coal mining equipments etc.
Recently L&T received orders for Power generation Units from Maharashtra and Madhya Pradesh. These units are to be designed and completed by L&T. Constructing a culvert on the road take minimum 15 days as such how much time it will take to complete these projects. It requires highly skilled Engineers, Workers, Administrators, and Managers etc.
There will be payment terms to execute the order. It is a complex activity both in finance and execution.
Getting such a big order is a plus point. L&T is one of the competitive companies in the world to undertake such work.
You may feel L&T script is now “dead”. When compare to the present market trend and the volume I feel it is active may be for “kill”.
...
Buy & hold Larsen !!!!
Posted by : tara23but i like the way he defends his decision, any way.......
Buy & hold Larsen !!!!
Posted by : bagram
dear sir
in stock market we have to hear from every corner wheather it is right or wrong
after hearing we have to analyse by our self and then after make a decision
after all stock market depends upon sentiment
why american market has rised is barren buffet made a statement that october situation will never come
that time dow was around 9600
now it is nearing 11000 obiously there will be a correction
please kindly note that our equity are trading at around 18 p.e
if you look at the companies earning especially heavy weights like ril larson icici hdfc sbi etc etc are not justifying this p.e ratios
so be cautious...
Buy & hold Larsen !!!!
Posted by : essay08Read that Shankar Sharma is of the view Indian market will fall 20% and go back to 12500 levels. He does not say when this will happen. Ofcourse he cannot predict- so then why give such inaccurate statements in the first place and claim to be an analyst. Readers are advised to exercise caution on such statements dished out by such analyst. They have always gone wrong in the past and will be even now. Having said that, please be cautious to buy only in dips. There will be plenty of such corrections. Volatiliy will be the rule of the market. So keep researching and find value picks....
L&T wins a Contract
Posted by : lion407
Thanks Bharat.. Valuation of this script is so tough!! yep - only due to what you stated, it enjoys such a high PE.. also, nothing around to compare. But, realisation of revenues is not coming along as much of order bookings. Lets see. I am still holding on - not given up yet.....
Buy & hold Larsen !!!!
Posted by : tara23yes it is any times stake... just wait for the right time......
