Online
| Post a Message | Explore Forums | Browse Stock Messages | Hot Discussions | Top rated Messages | Top Boarders | |
|
|
|
Mcleod Russel (India)
SUPPORT AT 36
Posted by :
vkk43Tracked by: 0 Boarder
Thanks for this message....
In reply to:
SUPPORT AT 36
Posted by :
tibusa
50 to 60 levels only by 1st feb 09 
SUPPORT AT 36
Posted by : tibusaTracked by: 0 Boarder
50 to 60 levels only by 1st feb 09...
In reply to:
SUPPORT AT 36
Posted by : vkk43
I do not think this share could go to your suggested level within this week. What could be the basis of your prediction of such a sharp rise.
SUPPORT AT 36
Posted by : vkk43Tracked by: 0 Boarder
I do not think this share could go to your suggested level within this week. What could be the basis of your prediction of such a sharp rise....
In reply to:
SUPPORT AT 36
Posted by :
drjagb
This scrip appears to have find new support level at Rs 36. It may go around 51 by end of next week that means it may see a 40% rise from this support level. Pl comment.
SUPPORT AT 36
Posted by : drjagbTracked by: 0 Boarder
This scrip appears to have find new support level at Rs 36. It may go around 51 by end of next week that means it may see a 40% rise from this support level. Pl comment....
Robust quarterly profits
Posted by : palidevTracked by: 0 Boarder
It will be better to find the reasons for robust growth in sales becasuse in previous 5-6 quarters the net sales was average. However it appears that the stock has inherent strength. It will be better to buy in small quantities on every dip instead of going for one stroke. The analyst Rajat Bose said sometime back that the stock will certainly double in next one year (it was quoting at about 88/- at that time)....
In reply to:
Robust quarterly profits
Posted by : drjagb
I have checked the last quarter result at NSE site, it shows net Sept Qtr profit of 121.73 Cr and EPS of 11.12. For Apr to Sept period of six months EPS is 11.77 meaning thereby little profit in first 3 monrhs. Extrapolating Net Profit for full year and annual EPS at around 22(Rs)this stock at current price may have a P/E of around 1.5 which appears to be very good. I therefore intend to buy 1K more tomorrow if it come down to Rs 32 as per current trend. Please comment.
Tracked by: 0 Boarder
I beg to differ.
Against the backdrop of EPS of Rs. 5/-, considering the standalone profit after adjustment of extra ordinary items, and a book value of Rs. 49/-, this share has the potential to scale back to 50/- - 55/-[if not more] by any time within 12th of Dec`08 from now.
Please do not forget that it is the largest tea-producing coy in the world in the hands of sound and able management.
More so, the Govt.is trying its best to achieve the annual export target and further sops from the commerce minister to give fillip to export cannot be ruled. This announcement with fuel price cut is likely after the assembly elections scheduled in some states.
Therefore, dear, tea auction being over will not have material impact as the coy has substantial revenue coming from exports coupled with additional revenue being generated from weak rupee.
This is my view and would gladly accept comments contrary to the views expressed by me....
In reply to:
SELL
Posted by : Guest
Sell this stock, tea auction is over. I think it will go to 30 or below.
Tracked by: 0 Boarder
Sell this stock, tea auction is over. I think it will go to 30 or below....
Robust quarterly profits
Posted by : drjagbTracked by: 0 Boarder
I have checked the last quarter result at NSE site, it shows net Sept Qtr profit of 121.73 Cr and EPS of 11.12. For Apr to Sept period of six months EPS is 11.77 meaning thereby little profit in first 3 monrhs. Extrapolating Net Profit for full year and annual EPS at around 22(Rs)this stock at current price may have a P/E of around 1.5 which appears to be very good. I therefore intend to buy 1K more tomorrow if it come down to Rs 32 as per current trend. Please comment....
In reply to:
Robust quarterly profits
Posted by : anoopsinghbais
probably tea as commodity taking a hit in recent auctions due to dampening effect from stock market.
NSE Announcements on Mcleod Rus
Posted by : MMB MessengerTracked by: 0 Boarder
Mcleod Russel India Limited has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results for the quarter/half-year ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
Robust quarterly profits
Posted by : anoopsinghbaisTracked by: 0 Boarder
probably tea as commodity taking a hit in recent auctions due to dampening effect from stock market....
In reply to:
Robust quarterly profits
Posted by : drjagb
Can someone explain reasons for sudden downfall to 52 week LOW Price on last Friday and prospects of price escalation this week and beyond.
Robust quarterly profits
Posted by : drjagbTracked by: 0 Boarder
Can someone explain reasons for sudden downfall to 52 week LOW Price on last Friday and prospects of price escalation this week and beyond....
In reply to:
Robust quarterly profits
Posted by : hp8989
Company has posted robust quarterly profits. The share is available at throw away price. The global slow down is enabling a bonanza.
Robust quarterly profits
Posted by : hp8989Tracked by: 0 Boarder
Company has posted robust quarterly profits. The share is available at throw away price. The global slow down is enabling a bonanza. ...
Buy Mcleod.
Posted by : tibusaTracked by: 0 Boarder
how woulf mcleoud move from here after strong q2 numbers any guess pl advise ...
In reply to:
Buy Mcleod.
Posted by : Guest
Ya go with jayshree. By the way where is she?
Buy Mcleod.
Posted by : GuestTracked by: 0 Boarder
Ya go with jayshree. By the way where is she? ...
In reply to:
Buy Mcleod.
Posted by : Guest
Ya go with jayshree. By the way where is she?
3 queries on Mcleod Rus
see moreMore from the Plantations - Tea & Coffee Sector
Boarders tracking Mcleod Rus
see more News Updates on Mcleod Rus
