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Add some selected scripts to your Investment Portfolio:
Posted by :
jalunm
Add some selected scripts to your Investment Portfolio:
I would like to follow my GURU Mr. Warren Buffet:
...
Buy ACC
Posted by :
insight95in
ACC
Buy Price : Rs.819 Target Price (Jun 10): Rs.985
Management interaction update
* Expansion plans are delayed from earlier guidance: ACC is currently
executing expansion plan of 7.3 mtpa at multiple locations, which are
currently delayed by c.3 months from the earlier guidance (see exhibit 2).
The major reason for delay in commissioning plants is due to problems with
civil construction and challenge in mobilizing qualified human resource at
multiple expansion projects. Our visit to multiple under construction
cement plants, confirms that the fate of most of the expansion plans across
the industry will be similar. Hence, we continue to believe that production
from incremental capacity will be limited compared to the rated capacity
addition announced by cement manufacturers.
Softness in cement prices visible: Cement prices have come down from
the peak of Rs260 in July 2009 to Rs253/bag currently. Management
expects cement prices to drop further during the festive season as the
construction activity will continue to be slow and is expected to pick up
from December 2009. We model cement realisations to drop by
c.Rs210/tonne in 2H CY09 over the realisations of Rs3,840/tonne in 2Q
CY09 for ACC. Additionally, we have factored a further drop of
c.Rs170/tonne in CY10E due to likely impact of incremental capacity
additions.
* Strong balance sheet to support expansion plan: ACC currently has
gross debt of c.Rs5 bn, Net Worth of c.Rs55 bn and cash/liquid investments
of c.Rs14 bn. The Company plans to refinance debt of c.Rs2.5 bn maturing
in December 2009 with issue of NCDs and is likely to maintain the current
gross debt levels. We believe that internal accruals coupled with cash/liquid
investments will help completing the expansion of cement capacity from
22.4 mtpa to 30.6 mtpa by 2H CY10E.
* Maintain Buy with price target of Rs985: With improving economic
outlook, return ratios (RoE/RoCE) comfortably above cost of capital and
relative cheap valuations, we believe that downside risk is limited in cement
stocks. We expect ACC to report RoCE of 26.3% and 18% in CY09/10E,
respectively after factoring fall in cement realisations drop of Rs210/tonne
and Rs170/tonne in 2H CY09/CY10E. We estimate EPS of Rs86.7 and
Rs72.9 for CY09/10E, respectively. Maintain buy and continue to value ACC
at EV/tonne of US$120 (30.6 mtpa capacity) and implied EV/EBITDA of 7.8x
and PE of 13.5x to arrive at our price target of Rs985.
* Maintain Buy with price target of Rs985: With improving economic outlook,
return ratios (RoE/RoCE) comfortably above cost of capital and relative cheap
valuations, we believe that downside risk is limited in cement stocks. We expect
ACC to report RoCE of 26.3% and 18% in CY09/10E, respectively after factoring
fall in cement realisations drop of Rs210/tonne and Rs170/tonne in 2H
CY09/CY10E. We estimate EPS of Rs86.7 and Rs72.9 for CY09/10E,
respectively. Maintain buy and continue to value ACC at EV/tonne of US$120
(30.6 mtpa capacity) and implied EV/EBITDA of 7.8x and PE of 13.5x to arrive at our price target of Rs985.
* Risk to our recommendation: Higher than estimated drop in realisations
due to oversupply scenario in 2H FY10/FY11 and manufacturers resorting to
undercutting price, is the primary risk to our recommendation.
For more details Contact : 0712 - 2567489...
what is the basis-i think target by oct end should be at least 875+...
ACC
Posted by :
shareking.co.in
ACC
Last close 807.80
Our reliable sources indicate positive Fiis activity and huge buying interest in this stock since last few days & technically buying + short covering shall take the stock from the current price of Rs.808 to Rs.823 or even Rs.830 … So grab any quantity of your choice and earn millions …Stop loss Rs.797 …!!!
Shareking Research
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10% per MONTH is just a click away...100% Assured
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====...
buy buy acc target 845-855
Posted by : paisamaster.com
This week seems to be right time to buy this stock but seems not much upside thereon ..try buying around 770-780 for a target of 825 - 845.
Cheers...
bogus calls
Posted by : naugtyboyplace comments at proper places and dont misguide...
Warren Buffet says that::
Posted by : jalunm
Warren Buffet says that:
“An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.”
"You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right."
He made all his fortune followed by this philosophy....
Hence, I am not recommending this script for short term traders, only those long term investors can gain from this script.
Jalu
jalunm@yahoo.c o.i n...
Happy Eid Mubarak.
Posted by : jalunm
Before the Golden Sun Rise,
let me decorate each of the Rays
with Wishes of Success,
prosperous and Happiness
4 u and 4 ur Family.
Happy Eid Mubarak.
...
breakout
Posted by : naugtyboy
the predicted breakout is there-buy immediately-dont buy vishal info-put proper messages in proper places
16 Sep 2009 19:58
breakout
Posted by : naugtyboy
Price when posted : BSE: Rs 798.80 ( 3.22 % ), NSE: Rs. 801.15 ( 3.47 % )
View full discussion
as predicted below the breakout is seen-dont miss the rally -will cross 900 by oct... ...
Vishal Info Dividend Ex Date: 23-SEP-09
Posted by : jalunm
Vishal Info Dividend Ex Date: 23-SEP-09
Only gain by dividend (hopefully 10% appreciation too in the script before ex date)
Script Code: VITLINFO
Source: Nseindia.c om
Corporate Action information:
Ex date : 23-SEP-09
BC Start Date 25-SEP-09
BC End Date 30-SEP-09 ... ...
Vishal Info Dividend Ex Date: 23-SEP-09
Posted by : jalunm
Vishal Info Dividend Ex Date: 23-SEP-09
Only gain by dividend (hopefully 10% appreciation too in the script before ex date)
Script Code: VITLINFO
Source: Nseindia.c om
Corporate Action information:
Ex date : 23-SEP-09
BC Start Date 25-SEP-09
BC End Date 30-SEP-09 ... ...
Vishal Info Dividend Ex Date: 23-SEP-09
Posted by : jalunm
Vishal Info Dividend Ex Date: 23-SEP-09
Only gain by dividend (hopefully 10% appreciation too in the script before ex date)
Script Code: VITLINFO
Source: Nseindia.c om
Corporate Action information:
Ex date : 23-SEP-09
BC Start Date 25-SEP-09
BC End Date 30-SEP-09 ... ...
Delivery Calls
Posted by : corporatewealthWe recommended yesterday to Buy ACC around 815 levels with tgt1 840, tgt2 861.......
buy buy acc target 845-855
Posted by :
hail2onevijay i will get my target achieve today or sure tomorrow on 5 day....
buy buy acc target 845-855
Posted by : vijay rambhaiACC WILL GO UP TO 900 WITH IN 15 DAYS....
