Stocks

ROCKET STOCK .... ESTER INDUSTRIES LTD; at 22.5/- Target of 35/- & 45/-

Posted by : bagram

dear indiabulls
YOUR RECCOMENDATION LOOKS GREAT
DAY BEFORE YESTERDAY DELIVERY PERCENT WAS 69PERCENT
YESTERDAY DELIVERY PERCENTAGE WAS 69 PERCENTAGE
SO NO RISK IN ENTERING IN THIS SHARE
THANKS FOR RECCOMENDING THIS FOR INVESTORS LIKE ME
EXPECTING YOUR NEXT ROCKET STOCK IN THIS MMB SREEN

Advice

Posted by : Varner

Will have a check on it by April 10

Reliance plans aggressive exploration

Posted by : fortis

Mis-understandings were cleared by HC but Mukbhai wants to to have all the booty from dad. Remember dad was good at such games. Mukh will try to hoodwink the SC.Let us see ca he do?

ROCKET STOCK .... ESTER INDUSTRIES LTD; at 22.5/- Target of 35/- & 45/-

Posted by : India_bulls

ROCKET STOCK .... ESTER INDUSTRIES LTD; at 22.5/- Target of 35/- & 45/-

ESTER INDUSTRIES LTD Trading in BSE at 22.5/-in B Group. (BSE Code- 500136) Target 35 & 45/- for short term. Safe Investment at 22.5/-. Good profit making company; last year 2008-09 EPS 6.1 PE just 4 and Expected EPS 7.5/- for 2009-10. as per this PE only 3 for this industry average PE was 25 if we take minimum 10 it will go 75/- +++; Good Dividend yielding every year from 2004 at 10% per Annum. Company having good Reserves and Good Book Value at 25/- and good land Bank in vadodara, Gujarat. Good promoters Holding 70%. This stock worth up to 50/- to 75/- as per reserves and profits and company value and company manufacturing products. Some good news coming out soon.

See My last calls IFCI given at 42/- Touched 53/- just 2 days time 25% return in 2 days time. And Eastern Silk Ltd Given at 13.5/- touched 20.25/- within 1 week time.

See My last 1 Month Calls 1) IFCI given at 42/- Reached 53/- just 2 day 2) Eastern Silk Ltd given at 13.5/- touched at 20.25/- just 5 days 3) Ponni Sugar given at 55/- touched 110/-
3) Vikas WSp given at 21/- Touched 35/- 4) Techtran Poly given at 11/- Touched 27/- 5) Guj Borosil given at 11/- Touched at 17.5/- 6) RPG LifeScince given at 22/- Touched 59/--.

Very Valuable stock ESTER INDUSTRIES LTD at 22.5/- current Market Situation; In this Market correction time Buy safe stocks like ESTER INDUSTRIES LTD at 22.5/- EPS 7.5/-; PE 3; Good Dividend paying company every year 10% from 2004.; So happily Buy at current price at 22.5/- and sell at 35/- to 45/- within Short period. Risk free investment at 22.5/-. Because Good Value Stock at 22.5/- Company Expansion Income and profits will come Next Quarter on wards.

ESTER INDUSTRIES LTD; trading in BSE at 22.5 /- in B Group. Daily accumulating company circle people. And Daily grabbing with Mumbai BIG BIG Bulls also because of Now stock is available at very very cheep price at 22.5/- Expecting Annual EPS 7.5/- for 2009-2010, with PE 3 only. Normally in worst condition also PE will at 10 for this Industry. If we take 10 PE It will go Rs. 75/- +++. Average PE for this Industry 25. If we take min PE 10 Share price will go 75/- ++++.

ESTER INDUSTRIES LTD Declared Results for 2008-09 Income 372 Cr and Net Profit was 33Cr as per this EPS 6.1 and 6 Months results for 2009-10 was Income 184Cr and Net Profit was 15Cr as per EPS 5.5/- Next quarter expansion results will add. So Expected EPS for 2009-10 for this year 2009-10 EPS was 7.5; as per this PE just 3.This Industry PE 25; if we take min PE at 10 It will go 75/- ++++.

Share Holding Pattern:
Promoters : 68.5%; Corporate Bodies : 5.5%; Public only 25%; Other 1%.

Ester India was established in 1980 as a small-scale unit manufacturing fine chemicals. The first product to start with was an ester, and hence the name. The unit is situated at an established chemical estate Nandesari, about 16 kms. north of the city of Vadodara. The city of Vadodara is situated in the western part of the country, about 450 kms. north of Mumbai, the financial capital of the country.

Since beginning, the emphasis has been on the efforts put in developing inhouse technologies for high value addition products. The hydantoin molecule was developed in 1982, making us pioneers of this in the country. Today, three halogenated derivatives of this hydantoin molecule - namely Dibromo, Dichloro and BromoChloro - hydantoins are being marketed. Apart from hydantoin molecule, we also custom manufacture Halogenated Succinimides, Ethylene Ureas, Amino Isoubutyric Acid, Substituted Triazoles, Benzodiazapines, etc. under secrecy agreements with various valued
This company has a great future. Even if we give a conservative P/E of 10 (Industry Avarage PE was 25), It should be trading at Rs. 75+ based on FY 2009-10earnings. So there is a long way to go. Investors with faith in ESTER INDUSTRIES LTD Management and having patience will definitely earn a lot.

Possitive Points for this stock for Up moving:

1) ESTER INDUSTRIES LTD trading at 22.5/- in BSE; Doing Very good Profit making company and Good dividend paying company.
2) Recently declared Good results Half year NetProfit 15 Cr. And Expansion NetProfit will add next quarter. Estimating EPS for 2009-10 was 7.5/- as per this PE only 3 if we take minimum PE 10 it will go 75/- ++++.
3) Mumbai Bulls and Operators are accumulating at current price. Because Stock is available at very cheep price at 22.5/-; Compare to all stocks good value at present Market situation.
4) Company Having good reserves and Good land at vadodara.
5) Some good News coming out soon
6) Valuable Stock at 22.5/- Because Good reserves and Good Land and good profit 7.5/- EPS as per this minimum 50/- to 75/- worth stock.

Enter current price at 22.5/- Short term Target 35/- & 45/- Medium TermTarget 75/-Strong Fundamentals.
Happy Investing...

BIGBULLS
MUMBAI

on the uptrend..

Posted by : gajabhau

be careful of ramsarup, i think recently they sold (jhunjhunwala sold 12 lacs from promoters quota last week)---see bse ann in disclosures
if future is so bright of ramsarup why promoter sell so many of shares???

Avoid reliance above 2000....

Posted by : pss5588

tallyji

I am as serious as the chief was in making the ridiculous quote... RIL ABIDES BY ALL RULES......IT DOES QUALIFY TO BE THE JOKE OF THE CENTURY for their motto has always been ... BEND IT LIKE BECKHAM

ANOTHER DOWN C I R C U I T. .

Posted by : pss5588

aak sir mention atleast a couple of shares which are sub 100 and good.

Even donating money nowadays is useless for most of it is siphoned away from the orphans, better to utilise it in your vicinity for like children.

Avoid reliance above 2000....

Posted by : subasu

It should be read as:

RIL always abides by Rules as it understands them and would interpret them.

ANOTHER DOWN C I R C U I T. .

Posted by : aakiurs

Dear justpassout. Why do you want to buy this stock. Just becoz it is cheap. I have told, another boarder has told in another thread abt promoter offloading, nse data shows this.

When promotor itself is selling shares, forget pledging, then why do you want to buy it.

If you have 24K to invest, buy some good company with good fundamentals. There are many companies sub 100 which are good.

Stoploss of 160 & Short term Target of 193

Posted by : pitquote

some thing funny is happening today

there was a flash for 174.00 with sizeable quantity from 172.00 and then it was again dragged down

in the same way there was a flash of 155.00 for a second and vanished

who is the culprit or can call joker

Avoid reliance above 2000....

Posted by : tally

Dear pss, I hope you are not serious???

Reliance plans aggressive exploration

Posted by : tara23

more than mou, it is memorandum of miss understanding... :-)

velan price query

Posted by : maxter

why velan hotel is falling?
will it go up or continue to fall down?

Gujarat Fluorochemicals

Posted by : nsrangan

Did any member receive the interim dividend? I have not yet received.
nsrangan

Cals News

Posted by : SM_1

icici technical analysis was also saying yesterday that Bharit Airtel should go down to 60 rs.. and today it went up..