Stocks

Recollect Indian Bank IPO

United Bank

Posted by : goldentip
Price when posted : BSE: Rs 69.10 ( 0.44 % ), NSE: Rs. 69.05 ( 0.58 % )

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It is not about CPI(M) or TC. It is not about any single political party or formation. Parties mostly do what people want. Sometimes there are visionary leaders who can bring about a change in people`s outlook and influence them to think differently. But WB is going through a period of political stagnation and intellectual starvation. TC is also a leftist party though it is not part of left front formation.

Bank unions oppose merger/ amalgamation anywhere in India because they fear loss of jobs. In WB and Kerala unions are strong and militant in nature. We can`t expect any kind of sweeping mindset change soon. It is difficult to effect any bank merger plans in WB.

That said, United Bank is quoting much below its book value so there could be some scope for appreciation. For long term if you want to hold any WB based PSU bank, look at Allahabad Bank. Excellent treasury management capabilities. Besides, it is less than 10% CBS enabled. I hope you understand what I mean. While almost all banks are 100% CBS enables, Allahabad Bank is about 10-15% enabled, it will complete CBS implementation in a year`s time. Hence there will be further improvement in efficiency. Alredy the fundamentals are quite strong.

Also, Allahabad bank has almost zero presence outside east, north-east and some parts of North India. This is actually a bank where merger could be easier. Why do unions oppose mergers? Because they fear job loss. Suppose BOB takes over Allahabad Bank, then there will be opposition, because BOB being a much larger bank will have some branches around Allahabad Bank stronghold, so there has to be some branch rationalization. But what if Syndicate Bank merges with Allahabad Bank? Syndicate Bank has almost zero presence in areas where Allahabad Bank is strong, and vice versa. In other words, they are complementary hence almost no branch rationalization would be necessary. So far sources have only talked about merging one or more smaller banks with a large PSU bank, they have not talked about the possibility of merging two or three complementary small PSU banks. I think that will face much lesser resistance but will still provide some efficiency in terms of managing capital. For example, Allahabad Bank with Syndicate Bank, Bank of Maharashtra, UCO Bank and Punjab & Sind Bank etc. ...

In reply to:

Recollect Indian Bank IPO

Posted by : Blessedone

If TC comes to power, we cannot rule out merger/take-over. Better buy now than late!

BUY NFL

Nat Fert

Posted by : pandumanu
Price when posted : BSE: Rs 107.15 ( -0.88 % ), NSE: Rs. 107.30 ( -0.60 % )

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Addressed to  Sun11,  SHAHMALINI,  shahmaulik777,  shahmp3

Nifty is going to cross 5400 level as recomended by analysts.

NFL is very fast moving stock, we can buy this stock at this level keeping short term target of Rs. 140/- to Rs 160/- level, with stoploss of Rs. 100/-...........

In reply to:

BUY NFL

Posted by : Sun11

Hi Guest, What is the time frame to reach the target 150+ you mentioned. Please let us know

BUY NFL

Nat Fert

Posted by : pandumanu
Price when posted : BSE: Rs 107.15 ( -0.88 % ), NSE: Rs. 107.30 ( -0.60 % )

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Nifty is going to cross 5400 level as recomended by analysts.

NFL is very fast moving stock, we can buy this stock at this level keeping short term target of Rs. 140/- to Rs 160/- level, with stoploss of Rs. 100/-...........

In reply to:

BUY NFL

Posted by : Sun11

Hi Guest, What is the time frame to reach the target 150+ you mentioned. Please let us know

DREDGING COR

Dredging Cor

Posted by : pandumanu
Price when posted : BSE: Rs 620.70 ( -0.43 % ), NSE: Rs. 621.60 ( -0.15 % )

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Addressed to  P chidambram,  wise man,  b vashishta,  chief_kamani,  dk_bbs,  S Pathare,  habsolite,  k s murthy,  K.R.PANDEY,  M.V.Seenivasan,  M.Maddy,  K.Nandini,  M Manu,  wait & watch,  S&P AN,  NAUGHTY007,  p v balu,  TULSIAN,  win_win,  s.k.jindal,  S Sharma,  s agarwal,  shahmp3,  Turk,  Tushar Kathe,  tara23,  wisdom100,  k patel,  wadhwa_sachin,  winwath

dear DK, what are you talking about???????

The company has book value of Rs. 453/- and resrve Rs. 1250/- crore, while the comapany`s total Equity share capital is 28 crore only, why company can not issue bonus.

There is provision in company`s Act that
"if any company`s Reserve will become three time of equity share capital, the company must issue bonus share to capitalise its reserve"

Now tell me why company not issue Bonus shares to its investors?????????...

In reply to:

DREDGING COR

Posted by : dk_bbs

They could not return to interim dividend list till date; Bonus for what then! Thanks

Guide please

EngineersInd

Posted by : StockWhizzo
Price when posted : BSE: Rs 2385.05 ( 0.67 % ), NSE: Rs. 2381.90 ( 0.67 % )

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Any tips on the price till 29th Mar 2010...

Guide please

EngineersInd

Posted by : StockWhizzo
Price when posted : BSE: Rs 2385.05 ( 0.67 % ), NSE: Rs. 2381.90 ( 0.67 % )

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Any tips on the price till 29th Mar 2010...

Last-minute deals in Neuland !!

Neuland Lab

Posted by : boarder77
Price when posted : BSE: Rs 100.25 ( -1.76 % ), NSE: Rs. 102.00 ( 0.29 % )

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Addressed to  tibusa

Amen. I missed your strong buy call on Indoco Remedies as well. The stock has been an out-performer over the last 6 months. Congrats!!

Back to Neuland - On this 30% margins I guess that be CANNOT be EBITA (Operating Margins) as their raw materia and fixed expenses are steep. These coupled with fat interest charges will leave only 10% odd for PAT. Assuming a BEST CASE scenario of 400 Cr topline, the PAT will be 40 Cr. and the EPS can indeed be 72. Any serious flaw in the numbers mate?...

In reply to:

Last-minute deals in Neuland !!

Posted by : tibusa

I see upmove from q1 onwards because i specifically corelating to the chairmans speech on their Growth Plans for FY 10 11 which talks about 30 to 35 pc margins which will translate into earning of close to 70 to 80 per share So imagine where the price has to go

this is a stock for rich men

Guj Amb Exports

Posted by : WhatsUP
Price when posted : BSE: Rs 17.15 ( 0.00 % ), NSE: Rs. 17.10 ( 0.29 % )

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Guys:

Promoters have bought another 3075 shares from the market on March 15,2010..

March 15,2010 promoter buying 3075


The promoters are cleaning the house.. soon there will be very few shares available in the market and then its going to be history..

So in year 2010 promoters have already bought 1,43,575 shares

=happy investing

whatsup-indianstockideas.blogspot dot com
...

In reply to:

this is a stock for rich men

Posted by : WhatsUP

Bagram:

looks like I had an error with regards to promoter buying numbers

Feb 23,2010 Promoter buying 10,000
Feb 24,2010 promoter buying 20,000
Feb 25,2010 promoter buying 20,000
March 2,2010 promoter buying 10,000
March 3,2010 promoter buying 70,000
March 4,2010 promoter buying 10,500

So in year 2010 promoters have already bought 1,40,500 shares.
===========================
In 2009 promoters had bought 1,98,256
so promoters are giving clear signals..

get in with us!! as the stock is cheap!!

=happy investing

Gem to hold & buy

Orient Abrasive

Posted by : WhatsUP
Price when posted : BSE: Rs 28.15 ( 0.54 % ), NSE: Rs. 28.15 ( -0.18 % )

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Old Fox:

I have GAEL (Gujarat Ambuja Exports Limited) as best Value stock in my portfolio:

1. GAEL
MCap: 237.27Cr
Sales: TTM (Twelve Trailing Months):1359Cr
Debt: March 2009: 90Cr
Gross Profit TTM: 79.3Cr
Taxes: TTM : 10.08Cr
Net Profit TTM : 23.65Cr
ROCE: March 2009: 15.61%
================================
Year 2010 (till date) promoters have already bought 1,43,575 shares

In 2009 promoters had bought 1,98,256 shares

Promoter shareholding as of Dec 2009 was 63.72%
================================

Would like to get your "Critical" views about the stock.. and also if possible invite you to invest in GAEL as it is quoting at a steep discount.

=happy investing

whatsup-indianstockideas.blogspot dot com
...

In reply to:

Gem to hold & buy

Posted by : Old_Fox

Dear Manher Bhai,

Your choice of scrips viz. 1 GUJARAT APOLLO EQUIPMENT, 2 WALCHANDNAGAR INDUSTRIES, 3 TAXMACO. are no doubt excellent. There is a lot of value in them, however, at this moment of time, I am a bit fearful, and afraid to invest in these kind of small caps.

For the time being(next 3 to 4 months) I am looking only at MNC`s, listed in India.

There is still a lot of them undervalued even as on today. DIC INDIA & INGERSOLL RAND are just two of them, to mention names. There are many more of them.

large debt

Shri Lakshmi Co

Posted by : nikhil_khetan
Price when posted : BSE: Rs 160.95 ( 5.85 % ), NSE: Rs. 161.70 ( 6.24 % )

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as said earlier, this is one of best company to invest in... now also.... dont miss sel man, parikh and shri lakshmi, even now...

In reply to:

large debt

Posted by : investments.sid

the problem is there is too much leverage, which means there is no room for error. If the company witnesses any slow down in orders, the interest cost can kill them

HOLD on

Bharti Airtel

Posted by : nikhil_khetan
Price when posted : BSE: Rs 311.85 ( 3.95 % ), NSE: Rs. 311.90 ( 3.93 % )

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there is no worry for long term investors... it will reach 400 on 3G auction...

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HOLD on

Posted by : NAUGHTY007

we may c 335 within a fortnight
share closed at high point of day

Quantum sold 2,84,000 shares in march

Guj Amb Exports

Posted by : WhatsUP
Price when posted : BSE: Rs 17.15 ( 0.00 % ), NSE: Rs. 17.10 ( 0.29 % )

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Bagram:

Not really worried about the companies financials..

just want to give both good and bad news .. and present a fair picture..

I Think I would qualify for top 20 individual investors in GAEL..

Any upmove is going to be very very positive for me..

Good to have you along side to enjoy the ride..

=happy investing...

In reply to:

Quantum sold 2,84,000 shares in march

Posted by : bagram

dear whats up
no need of panic in gael
it will bounce back after result announcement

hold then?

Wockhardt

Posted by : dr.sandip
Price when posted : BSE: Rs 141.00 ( -1.19 % ), NSE: Rs. 140.35 ( -1.75 % )

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Its difficult to take a call on this stock at the moment. A lot depends upon how the corporate events shape-up over next 2-3 qtrs. Better to wait for some more time, until the picture becomes clearer and until there are signs tht company is getting out of this financial mess. If you are a high risk taker u can buy in small quantity at the current level and on further declines.Take a well-understood n informed decision before making further investments based on your risk appetite. Outlook is cautious at the moment.

Regards
Sandip...

In reply to:

hold then?

Posted by : arunscs

what is the future of this stock?. i am holding 200@rs192. Should i buy more in this price and average it?

Investment in Himalya International

Himalaya Inter

Posted by : j2eeprofessiona
Price when posted : BSE: Rs 35.20 ( 1.59 % )

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gordan, ur equity calculations is wrong. according to the warrants issued the total equity capital cannot be more than 45 cr... the 60 cr equity capital is wrong. please go though the announcments and calculate the correct no. of warrants issued. my calculations include recent annoucement of QIP.
Secondly, company is targetting 1000cr revenue .. even with 10% net margin you get 100cr net profit and with 45 cr equity you get an EPS of 22... by the way when a company grows like 10-15 times its revenue in 5 yrs the market sure gives a superb PE rerating to the company. do not expect company to quote at 7 PE then... you could easily see 20PE or even 30 PE ... market alaways give high PE for performing company. next one yr is very crucial for the company. if they manage to start production on time, i would tend to beleive that they might come close to 1000cr turnover. i actually would be happy with even 800cr kinda turnover. and i surely it would have much better NP margin than what i have stated. right now its close to 20% (double of what are there in my estimates). so there`s a lot of scope for further appeciation in my estimates even if there`s some more equity dilution. rest is ur own conviction. invest only if you have the conviction to invest in this counter... ...

In reply to:

Investment in Himalya International

Posted by : gordan gecko

i respect however if you feel i am wrong in my posts or calculations please point out y as i would like to also know.

Dont get me wrong i feel its a good buy but i dont see levals above 45 in a over optimistake market.

So 35 is a good buy, but i dont see 100 or 250 as some people are sujjesting.

Buy and enjoy

K Sera Sera

Posted by : kiki chatterjee
Price when posted : BSE: Rs 11.04 ( -0.81 % ), NSE: Rs. 11.05 ( -0.45 % )

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hi tambo
how long a time for 150/target?long or medium target??
thanks
kiki...

In reply to:

Buy and enjoy

Posted by : tambo

Following share r ready for blast
DMC target 100 ++
Sundram Multi 90 +

New entry in my buy list
MAHINDRA UGINE STEEL CO.LTD.Code 504823 at 70 target150 +

Dont mis any