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BSE Announcements on Marg
Posted by :
MMB Messenger
Marg Ltd has informed BSE that the Capital Issues and Allotment Committee of Directors
have allotted 37,888 equity shares under "Employees Stock Option Plan 2006" in its
meeting held on November 04, 2009 upon exercise by the employees for conversion of
37,888 options....
BSE Announcements on Marg
Posted by : MMB MessengerMarg Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 28, 2009, inter alia, has noted signing of MoU with Ministry of Urban Development and Sacred Area Development of Democratic Socialist Republic of Sri Lanka for development of affordable dwelling units at Colombo, Sri Lanka....
BSE Announcements on Marg
Posted by : MMB MessengerMarg Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009....
share will appreciate...
hav noticed the activity in Karaikal Marg Port ,its really grt , Marg has good vision n is a very god stock thats worth accumulating ...
Completely agree with trulyfair. I started accumulating this stock at 39 levels and then bought again at 50 and then again at 85. Just did not feel like stop buying this stock. I even recommended it to all the people I knew, but no one, not even a single person bought it. Today I am laughing all the way to the bank and these people just watch me with envy / jealousy. Feels great. Love Marg....
How perceptions change 6 months ago no one was ready to buy @ 50. Now I am happy to see some interest in this stock.
It has a very long term story --till 2020 some trigger is there on a regular basis - almost annually - i hear final completion of port is 2017 which is abt 46 mt from 4.5 abt 9 times then there is property development one boom cycel and vroom the profits will zoom.Sit tight and hold on for god knows what price you will see a new high target each year....
listing of Mundra Port IPO ? Are you by any chance late by a couple of years? ...
It is sure that from here it will surely reach Rs.400-500 within next year....
Rs.1,500 seems far fetched for now. It definitely is under valued and has a lot of potential. It may reach 450 to 500 in the short to mid-term. Over the longer term, may be 3 years hence forth, once the Karaikal Port is fully operation and its SEZ in Chennai is up and running it may flirt with and even surpass Rs.1,000....
Marg Constructions rumored to go to Rs.1500 due to the imminent listing of Mundra Port IPO because of Marg`s Karaikal Port. Valuations are very low, hence there are rumors that Marg could reach Rs.1500. ...
Yes i guess it was and hopefully 4-6 circuits more in the immediate future....
Yesterday it was locked in UC. Today may be the same. I heard that a few months back Dalal Street had given a target of 1000 for this stock. I don`t know the time-line....
Obviously some new project announcement would be under works - that could provide the firworks the counter needs --@ 5% circuit for now cant get very far.....
This means two things: either their plan to raise money will not materialize since valuation (market valuation) is not justifying this investment. Or market is not giving right price to Marg share. In case, they are successful in raising this much money, we are sure to see share price above Re-500/ in 12-18 months. I assume they are borrowing this much money for projects. debt obligation is not high for this company. Hence they will deploy this money in projects. A layman calculation shows if you invest 0 million, you are probably creating asset worth more than a billion dollar. Otherwise investment is not justified and no one in this world will lend this much money with out any logic.
Thanks, Jeetendra...
