Now Buy good Fundamental Stocks like CYBERMATE INFOTEK Ltd., AT 6/-
Quoting BSE (10/- Face Value).
CYBERMATE INFOTEK Ltd., Trading in BSE at 6/- in B Group. This is 10/- FaceValue share trading at 6/-. Before Market Crashed Its traded between 12/- to 18/-. Now its trading at 6/-. Daily grabbing with company circle & Mumbai BIG BIG Bulls because of Now stock is available at very very cheep price at 6/- EPS 3.5/- for 2007 – 08 Annual Financial Results; with PE 1.8 only. Narmally in worst condition also PE will at 5. But Now PE is only 1.8.
Fro 2007 – 08 Fianancial Results was Fantastic Net Profit for 4 Quarters was (1st Quarter 96 lakhs, 2nd Quarter 4.6 Crores, 3rd Quarter 4.9 Crores 4th Quarter 4.38 Crores. So Total Net Profit for 2007 – 08 was 14.77 Crores compared to Last year 2006 – 2007 Net Profit 3.2 crores, Net Profit Jumps 455%.
EPS was 3.5/- if you calculate Annaual EPS was 3.5 based on this PE was only 1.8. if take PE minimum 5 It will come 17.5/-.
If you have already buy some more make average. This is company is doing very very good. Slowly grab this stock. Fundamental is very very good. Don’t Sell if you have CYBERMATE INFOTEK Ltd., equities. Stay Invest and wait up to 8/- minimum.
CYBERMATE INFOTEK Ltd., AT 6/- (Annual EPS is 3.5/- above) PE only 1.8. Now markets are week. So If we take PE 5 It will touch 17.5/- minimum. Book Value also good. Book Value was 12/- Good fundamental. Very Very less risk at present rate. SO hurry Buy at current level at 6/-.
The company board has applied National Stock Exchange listing also. So Listing Soon in National Stock Exchange.
CYBERMATE INFOTEK Ltd., Equity was 62 Crores. Company Annonced good results. Company Allotted GDR’s at 10/- to Bank of NewYork of 3,00,00,000 (3 Crores shares at 10/-) Total 30 Crores amount. So 52 % of the share Equity was goes to Bank OF NewYork. Company was Expanded more. This results effects this Year 2008 – 2009 Financial. So This Year 2008 – 09 Projection EPS was 5.5/-. If take this EPS PE only 1. Company Planning to give 10% Dividend also. They will announce soon.
And one more favorable news is US Doller going strong. This is good for making good Net profits.
Company recently announced :
1. Approval of the collaboration partner agreement for Networking, Radio Frequency Identification Device (RFID), Enterprise Application Integration (EAI), and Storage Area Implementation through Gemini Communications Ltd, Chennai. The board noted reports that Gemini Communication is in the process of executing a contract of a value of Rs 100 mn for BSNL for installation & commissioning of CDMA Cell site towers across 11 states in India. In view of the potential of business, the board expressed that the strategic alliance would strengthen and enhance the mutual business prospects of both the Companies.
2. Implementation Partnership for ERP Globally through M/s. Gradient Technologies Ltd, Hyderabad. The board noted that M/s. Gradient Technologies Ltd is a channel partner of SAP. The Company estimates revenue of about USD 1.0 million from the alliance.
3. Software Development, Implementation and Maintenance Support in India and Middle East through Tali Infotech, Saudi Arabia.
4. The Board has approved taking up Bulk Mail services to Mobile Companies in Middle East regions through a technical support from an Australian Service Provider.
5. To discuss & approve the Business Plan for a Strategic Business Unit (SBU) for providing RFID solutions in the Mobile computing space in accordance with the Reseller agreement entered with Motorola.
6. To discuss and adopt the terms and conditions of services for networking as well as Software Services to be provided to M/s. Andhra Pradesh Power Generation Corporation Ltd (APGENCO), Hyderabad.
7. To discuss and adopt the terms and conditions of contract of Services entered with M/s. Ariston Tek, Inc, New York; USA.
All of above good news current price (6/-) is very very cheep. Risk very Less up to 5/- But Upside is minimum 9/-.
Just Buy at 6/- Hold 1 to 6 months time. You will get minimum 50% to 200% returns.
Enter current price at 6/-
Target 9/- 12/- 18/-.
Just invest and get 50% to 200% profit.
Happy Investing... I will mail Next week with one more Recommendation.