Trend Electronics.. My Old Call....
Friends,
I have mentioned Trend Electronics on 16Aug2010....... It is a pure value buy.... a great company.. great group.... available at very very cheap valuations right now.... After i mentioned it . it moved from 65 to 95 levels...
This is a Videocon Group Company... Its Old name is Videocon Communications Ltd....
Markep Cap of Trend Electronics is Only 71 Crores.... And it has very tiny equity of 7.5 Crores.... i have mentioned earlier also that i love small equity stocks..... because any big profit will reflect in a exponential way in its share price rise......
Last Quarter it has posted superb results... Sales of 462 Crores.... NP 11 Crores.. posting an EPS of 8.3.... If this same type of results performance will continue i expect this share to reach at least Rs300.......
In my view its a multibagger in making.......
Its a 10 Paid up share and 60% of shares are closely held by strong hands.......
This is a excellent Long Term Pick according to me.....
Take your own decision before buying any of stocks that i have mentioned....
For more queries write to me....
Thanks Deepak on your view on Trend Electronics..
ReplyDeleteSir, do you see any reason for a huge jump in profit last Q, as i was just curious whether it was sustain over sequential basis from here-on
Thanks
Venkat
do u see any prospect in TCI FINANCE?
ReplyDeleteVenkat,
ReplyDeleteSpurt in profits was due to increase in sales.... that was the only reason and that is enough... if sales goes like this then we may see this stock makig new highs very soon
vvvv,
ReplyDeleteRight now, thr is nothing in balance sheet of this company... but as the time will pass this company will surely come out with good results and may surprise everybody.....
it is advisable to hold this stock for LT
out of the many stocks discussed, which one you think is the best to invest in at current market price for stellar gains in short as well as long term?
ReplyDeletesir,
ReplyDeleteI beg your pardon, do you still think that your taget in xl telecom 1000, gremac infra 400, rajesh export 200 achievable in long term?
vvvv,
ReplyDeleteAll my recommendations are good... as time will come thy will give exponential return... dont expect just avg return from my calls......
xl telecom was under huge burden of accumulated, but now it has started showing good signs and also got some orders.. im still bullish on this couter... prakash ind has lot of potential still . hodl them
and GREMAC INFRA?
ReplyDeleteGremac is a clear hold....
ReplyDeleteJust have a look at previous years preferential warrants and FCCBs...
What ur by price?
do you think that the targets of gremach (sanica) and xl energy are still achievable?
ReplyDeleteHi Deepak,
ReplyDeleteI have purchased XL Telecom above 100/- and Sancia Global nearly at 65/-.
I strongly doubt about XL Telecom. Because it is having huge debt.
I compared D/E ratio and is quite high for Sancia Global but very very high for XL Telecom.
Also it is continuously making losses. In Share Holding Pattern general public is having more shares than the Promoters.
Kindly suggest whether it will be good idea to average both these scrips or just keep a hold with them.
do you think that the targets of gremach (sanica) and xl energy are still achievable?
ReplyDelete