LN : Very valid point about Morepen. The capital is 45 cr. shares of Rs.2 each FV. I feel the company could generate a minimum of 90 crs NP 2 years from now if we appreciate all the positives in the AR. This would give an EPS of 2. If we give a conservative multiple of 20, the price would be 40
7.13 PM Aug 29th
Posting this late but going throguh all my portfolio and tracker stocks to post comments on Q1, AR, etc in respective boards, it is taking time. Anyways Q1 highlights Pledge completely released Operating and net profit has gone up by 7 points y o y – HUGE! EPS is more than double y o y. Top line
6.45 PM Aug 29th
it is very attractive at this price. People are giving unreasonable price targets without knowing fundamentals and its potentials .Minimum EPS of Rs. 25 expected this year with excellent working and low equity. Price can double in 6 to 8 months ,post March 17 results.
6.02 PM Aug 29th
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.