Portfolio Scrip
Posted by :
rmoneycontrolOther value picks are Venus Remedies, West Coast Paper & Tinplate...
Portfolio Scrip
Posted by :
novinThis is a good analysis. As these are mid-cap shares you need to keep your cool and wait for its valuation. Excellent low priced stock with very little risk of going downside....
something special movement
Posted by :
boomer000i think this stock is starting on the movement of upward, do u think like so ???...
disappointed stockk
Posted by :
boomer000what happened this stock today it will close above 120 mark??!!........
Portfolio Scrip
Posted by :
Bullish_RahulMangalm Cement is a good buy with a Book Value of Rs, 108 at at CM of Rs. 116 it has a PE of 2.5 against an industry average of 9.Co has a negliable Debt of Rs. 6 Cr against the Equity Base of Rs. 300 Crs. Q2 Numbers had growth over the last year as well as the Q1. So in such cases if the sector itself seems to show signs of growth relative to the area of operation one can have an outlook of Rs. 151 as target over next 2 months. ...
disappointed stockk
Posted by :
Cool BullWhat I have observed is that there are many stocks like Mangalam, JK Lakshmi, JK Cement,SRF,Andhra Bank,NIIT Tech etc.,which are available at dirt cheap valuations. Operators appear to be busy in slowly accumulating these scrips. They will test patience of Retail investors and accumulate them as much as they can. Afterwards the prices wuill be jacked up. Hence, patience is the key to make money on these counters....
disappointed stockk
Posted by :
rmoneycontrolMangalam Cement is at point of break out on Charts if you see the MACD. It is at RSI of 35 which is also low. 300 is very high expectation in short term... but one week target can be taken as 138 where the RSI becomes 80... the exit point as technical analysts suggests...
disappointed stockk
Posted by :
ssrajuEven I am. I thought that both these companies would be great turn around stories which they have attained but they have performed miserably in the market and it is beyond my comprehension....
disappointed stockk
Posted by :
boomer000mangalam cement & jk lakshimi cement are providing good results in every quarter,both stockas P/E is just near the 2.5, this means within two years these companies earned its share value, but this stocks market movement is still disapointed, both stocks are not moved up, average P/E of major cement copanies are near 8.0 as like this this two stocks shoud move to abouve 300 compare to reasonable price of other cement stock.also both stocks management are good & good growth is seen this sector, but i don`t know thse stocks are stil dead ????...
HOT STOCK ALERT!!!!!!!!!!!!!!
Posted by :
Cool BullI expect valuation to improve soon, provided cement consumption growth is maintained at the same rate. Either Management will buy more to increase their stake ( currently is is at near 30%) or there will be takeover. ...
HOT STOCK ALERT!!!!!!!!!!!!!!
Posted by :
Hi-ManDespite Attractive numbes and attractive rations, handsome dividend, this company has always underperformed its Peers in last few years. There is something more to just good numbers which we need to find out which does not allow it to get decent valuations in line with its financial performance. ...
HOT STOCK ALERT!!!!!!!!!!!!!!
Posted by :
boomer000I think today this stock moved above 130 around 1"o" clock, and closing above 132 also chance to close its upper circuit(20%) if market up more than 200 points, keep buy this stock for 10 days ...
Results are good.
Posted by :
Cool BullIf the valuations continue like this Management may be tempted to come up with one more buy back offer. ...
Results are good.
Posted by :
goldentip
PBT is up 88% y-on-y, but higher taxes meant that NP growth is slower at 59% y-on-y. Interest costs have also come down. Trailing twelve months` EPS after adjusting for lower equity will be more that Rs 46.5, so Mangalam at Rs 118 is available at about 2.5-2.6 times earnings.
Another thing to note is that OPM both for last qtr as well as for the last six-month period is more than 32%, which is about the best in the industry.
However one can`t say when this stock will be re-rated or whether it will be re-rated at all. Cyclical stocks do not get much time for re-rating, because when the sectoral downturn happens everything goes down at once....
BSE Announcements on Mangalam Cement
Posted by :
MMB MessengerMangalam Cement Ltd has informed BSE about the financial results for the Quarter ended Sep 30, 2009....



Online


