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Is it believable Target Rs.5000 within a year as someone quoted on 12.08.09
Posted by :
raj1965
A company with heavy reserves issues bonus only if it has growth prospects and can maintain or improve rate of return on the increased capital base.
If they do not have a growth potential, it suits them to give extra ordinary dividend to dilute the reserves.
Just because L&T gave a bonus at that level we cannot expect Laxmi machines to give bonus.
Long term all equity will yield best returns.
Hope this helps....
Is it believable Target Rs.5000 within a year as someone quoted on 12.08.09
Posted by :
Rramanthis stock has still not fallen in the eyes of good investors and financial institutions...
Is it believable Target Rs.5000 within a year as someone quoted on 12.08.09
Posted by : Vijahal
Hi Guest
Thanks for the info. I stand corrected. Have a great day....
Buy before it move
Posted by :
Dr. ShastriLMW has potential to move atleast 25% from here in short time. So buy before it move. good range to buy it is 1300-1350....
Heading for my Target
Posted by : Dr. ShastriDont buy in hurry. Buy it at 1225-1250 and the Target is 1860....
Heading for my Target
Posted by : S_DEWAN154what is ur target should one buy at this level...
Heading for my Target
Posted by : Dr. ShastriLMW shown steam and is heading for my next Target....
LAXMIMACH Q2 Numbers Out
Posted by : pms.swastika
LAXMIMACH Q2 Numbers Out:
Net Sales at Rs. 268.57 Cr Vs Rs. 186.53 Cr (+43.98%) (QoQ)
Net Profit at Rs. 32.37 Cr Vs Rs. 11.13 Cr (+190.84%) (QoQ)
Regards
Swastika PMS...
Last Few sessions this coming down???
Posted by : Bejan daruwalaSell it...
NSE Announcements on Lakshmi Machine
Posted by : MMB MessengerLakshmi Machine Works Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 26857.37 lacs for quarter ending on 30-SEP-2009 against Rs. 18652.91 lacs for the quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 3237.08 lacs for the quarter ending on 30-SEP-2009 against Rs. 1112.9 lacs for the quarter ending on 30-JUN-2009....
NSE Announcements on Lakshmi Machine
Posted by : MMB MessengerLakshmi Machine Works Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2009 as follows: Net Sales of Rs. 45510.28 lacs for half year ending on 30-SEP-2009 against Rs. 90089.59 lacs for the half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 4349.98 lacs for the half year ending on 30-SEP-2009 against Rs. 8560.71 lacs for the half year ending on 30-SEP-2008....
BSE Announcements on Lakshmi Machine
Posted by : MMB MessengerLakshmi Machine Works Ltd has informed BSE about the Financial Results for the Quarter ended September 30, 2009....
Last Few sessions this coming down???
Posted by : JoosI have 20 shares @ 973.25. Everyday this stock is coming down. Should hold or sell it. ...
a company with integrity
Posted by : mohankumar1000now this is one company which sets very high standards, be it in the manufacture or the after service of their products.the management are well known for their selfless devotion towards their shareholders,particularly the small retail investor which few establishments in India are.Some stocks are not trading stocks but purely bought from a legacy point of view ie. handed over from one generation to the next.If there is one company which falls under this category it is surely as the very name suggests LAKSHMI MACHINE WORKS.Dont worry about the price movements.Buy it and see your investments prosper as yours truly has pleasently found .JOYFUL INVESTING...
bonus
Posted by : arshavin23How does a bonus restore confidence? It merely leads to an increase in the floating stock. At best the price may run up temporarily. The best way of increasing confidence is by making profits. Since these are difficult times that the company is going through, one needs to be a bit patient. The company is cash rich and has allocated capital sensibly in the past. ...
