Dear Friends,
Have a look at my old post.
http://bsensediamonds.blogspot.com/2008/08/next-inning-of-gold-rally-will-begin.html
I have given buy call on gold on 12 August 2008 when it was hovering around 12000 per 10 grams. Right now it is at 16000... calcuting it as 33% rise.. I my belief gold rally is in its nascent stage and it is making a room for itself to shoot like rocket from here. In international market gold is hovering at 1000$, and it may rise to 1300$ from here.
Many investors are thinking that gold is at all time high so we should wait, they are thinking that they can buy gold i lower prices. Friends, in my views gold is giving another chances before next spurt. Just grab this opportunity. Put some gold in your portfolio (around 15%) it also serves hedge against inflation.
Decision is yours but i will still recommend to buy gold at these levels also. YES i agree that gold may shed some points (Rs 200-300) in coming days but as festival days are coming ahead buying demand will takeover gold prices.
BUY SONA and HOLD IT.
Tuesday, September 15, 2009
Excel Crop care – A Multibagger in Making
Book Value= Rs 127, FY 09 EPS =25, PE=5, industry average PE=10
FY2010 EPS is expected to be around 40 , so if we consider avg PE of 8, then price should be 320Rs…..
Profits are going up and up and this company is playing into potential sector in which opportunity needs to be tapped in Indian market yet. Its into the business of agrochemicals comprising of insecticides, weedicides, fungicides, fumigants and rodenticides.
Nufam is holding 15% shares of this company.
It has a very tiny equity base of only 5 crore and reserves of 135 crores are eye popping. As reserves are almost 27 times of equity of this company so even if this company gives you bonus of 3 shares each it does not matter for them. Three bonus shares means 3*5 = 15 crores only.
This company is playing in niche area and this is my next Multibagger in making. This company also has land bank near Mumbai and value of which is more then its current market capitalization.
I will recommend buy on this scrip with a hold of couple of years to ripe decent profits..
Wednesday, July 15, 2009
A List.....
Friends
I am publishing a list of my favorite stocks which I am tracking and love to have in my portfolio for long term.
Yes Bank
Rajesh Exports
HEG
Asahi Songwon
Marg Ltd
PSL Ltd
SREI
SBTL
HCC
Sabero Organics
Usher Agro
Sharon Bio
Sanghvi Movers
Surya Pharma
Atlanta
Gayatri Projects
Jyothi Lab
paresh aluminex
KPIT Kummins
XL Telecom
Sujana Towers
SBTL
Geodesic
Lakshmi Energy & Foods
Tricom India Ltd
Ennore Coke
HEG
JP Hydro
jyoti ltd
Torrent Power
Marg Construction
JB Chemicals
Simplex Infra
IRB Infra
Gremach
Jayaswal Neco
eclerx services
Voltamp Transformers
Kanoria Chemicals
Nitco Ltd
Take Solutions
Zylog systems
Aptech
SKF India
You can take your own call and take decisions which stock you want to choose from this list. All these companies are making a step forward to be a real Multibagger (5-10 times returns in 5 years or more) in long term. To my knowledge all of the above companies are fundamentally good companies. I may prove wrong in some stocks but most of the stocks are true Multibagger to my knowledge.
Take Care
I am publishing a list of my favorite stocks which I am tracking and love to have in my portfolio for long term.
Yes Bank
Rajesh Exports
HEG
Asahi Songwon
Marg Ltd
PSL Ltd
SREI
SBTL
HCC
Sabero Organics
Usher Agro
Sharon Bio
Sanghvi Movers
Surya Pharma
Atlanta
Gayatri Projects
Jyothi Lab
paresh aluminex
KPIT Kummins
XL Telecom
Sujana Towers
SBTL
Geodesic
Lakshmi Energy & Foods
Tricom India Ltd
Ennore Coke
HEG
JP Hydro
jyoti ltd
Torrent Power
Marg Construction
JB Chemicals
Simplex Infra
IRB Infra
Gremach
Jayaswal Neco
eclerx services
Voltamp Transformers
Kanoria Chemicals
Nitco Ltd
Take Solutions
Zylog systems
Aptech
SKF India
You can take your own call and take decisions which stock you want to choose from this list. All these companies are making a step forward to be a real Multibagger (5-10 times returns in 5 years or more) in long term. To my knowledge all of the above companies are fundamentally good companies. I may prove wrong in some stocks but most of the stocks are true Multibagger to my knowledge.
Take Care
Market Mantra…..
Friends,
I am back after a long pause. I am sorry; I was not answering your queries from last few months as I was busy in some personal engagements.
We have seen a high volatility session in market in last few months. Equities all over the world have gone up significantly since 9th March 2009. There has been a lot of volatility and correction in the recent months. But still I would say that markets are not crashing like anything, they are holding up.
Question of a million is -> Have the Global Equity Markets bottomed out or is there another crash coming which will lead to re-test of lows for all major markets? The Truth is NOBODY knows it. But prediction is that a final slowdown is still remaining.
The global economy has shown some signs of recovery post March 2009 and the markets have responded accordingly.
In my opinion, under normal circumstances, stock markets behavior depends upon:
• Fundamentals of the Economy
• Fundamentals and Growth of Companies (closely linked with fundamentals of economy)
• Government and Other Political Factors
• Liquidity in the system
The global financial system has been flooded with liquidity post the Lehmann Brothers collapse. The world economies are not strong enough to absorb so much of liquidity. So all the excess liquidity is being absorbed by asset markets. In my views Gold is set to explode again. We may see a Level of INR 18500 per 10 grams in Indian market in December 2009.
I am not giving any levels OR target to achieve in this type of market. What I can tell you best is build a portfolio and then nourish it, churn it.
Suppose you want to invest Rs 10000 in a particular stock then invest Rs 4000 now and then Rs 4000 again and then Rs 2000. So invest INR 10000 in three shots. This will give a opportunity to buy at different levels based on your sentiments with market.
I am back after a long pause. I am sorry; I was not answering your queries from last few months as I was busy in some personal engagements.
We have seen a high volatility session in market in last few months. Equities all over the world have gone up significantly since 9th March 2009. There has been a lot of volatility and correction in the recent months. But still I would say that markets are not crashing like anything, they are holding up.
Question of a million is -> Have the Global Equity Markets bottomed out or is there another crash coming which will lead to re-test of lows for all major markets? The Truth is NOBODY knows it. But prediction is that a final slowdown is still remaining.
The global economy has shown some signs of recovery post March 2009 and the markets have responded accordingly.
In my opinion, under normal circumstances, stock markets behavior depends upon:
• Fundamentals of the Economy
• Fundamentals and Growth of Companies (closely linked with fundamentals of economy)
• Government and Other Political Factors
• Liquidity in the system
The global financial system has been flooded with liquidity post the Lehmann Brothers collapse. The world economies are not strong enough to absorb so much of liquidity. So all the excess liquidity is being absorbed by asset markets. In my views Gold is set to explode again. We may see a Level of INR 18500 per 10 grams in Indian market in December 2009.
I am not giving any levels OR target to achieve in this type of market. What I can tell you best is build a portfolio and then nourish it, churn it.
Suppose you want to invest Rs 10000 in a particular stock then invest Rs 4000 now and then Rs 4000 again and then Rs 2000. So invest INR 10000 in three shots. This will give a opportunity to buy at different levels based on your sentiments with market.
Tuesday, April 28, 2009
Hindustan Construction Company – A Sleeping Gaint
HCC is an integrated group spanning Construction, Real Estate and Infrastructure development. The HCC Group of companies comprises of HCC Construction, HCC Infrastructure, HCC Real Estate (HREL) and Lavasa Corporation. The group specializes in technically complex, new-age construction in infrastructure projects, as well as EPC, BOT, Integrated projects and townships. HCC has made an unmatched contribution to civil engineering landmarks, having executed over 321 Bridges, 43 Dams and Barrages, 15 Hydel Power Plants and 11 Nuclear Reactors, 160 kms of Tunneling and 2,227 kms of Roads and Expressways. Its Wholly Owned Real Estate Subsidiary, HREL, is developing LEED certified, state-of-the-art, 1.8 million sq ft multi-tenanted IT Park located at Vikhroli, Mumbai’s emerging IT hub. HREL is also developing free India’s largest Hill Station, Lavasa, spread across a picturesque landscape of 12,500 acres, located 45 minutes away from Pune.
HCC won the coveted Golden Peacock Award for Excellence in Corporate Governance for the year 2007
HCC has been executing some of the most exciting and challenging projectsin Indian history. The major engineering landmarks include the world’s longest barrage at Farakka in West Bengal, India’s first underground metro at Kolkata and the second one in New Delhi, the Mumbai-Pune Expressway – India’s first six-lane expressway, the unique double curvature arch dam at Idukki in Kerala and one of Asia’s largest breakwaters at Ennore Port in Tamil Nadu.
Huge Order Book
The order book of HCC has grown at a CAGR of 20 % since 2002 and currently stands at over Rs. 16000 crores in 2008-2009, which is much much higher then its previour years turn over.
HCC Order Book up 35% in Q3 2008-09
Major Orders:
January 2009
Hindustan Construction Company Ltd (HCC) has informed BSE that the Company has bagged the prestigious order for Package MC3 of 1200 MW Punatsangchhu-I Hydro Electric Project in Bhutan from Punatsangchhu-I Hydro Electric Project Authority. The value of the contract awarded is Rs 688.06 crore and the project will be completed in 66 months.
HCC - Halcrow Consortium comprising of Hindustan Construction Company Ltd (HCC) and Halcrow Group Ltd. U.K. (Halcrow) has bagged the prestigious and challenging 330 MW
HCC bags Rs 2726.49 cr Kishanganga hydel project in Jammu & Kashmir"
Kishanganga Hydro-Electric Project from the National Hydroelectric Power Corporation Ltd.
Hindustan Construction Company Ltd has a Press Release dated January 21, 2009 titled "Lavasa to host SpaceWorld, Asia's first space edutainment centre at Rs 400 crore investment"
HCC bags Rs 1415 crore BOT project of NHAI
Feb 2009
HCC awarded Rs 296.90 cr Kashang HEPP in Himachal Pradesh
Investment in Lavasa
Hindustan Construction Company Ltd has invested Rs 81.25 Crore in Lavasa Corporation Ltd (LAVASA), a subsidiary of the HCC (Hindustan Construction Company Ltd) in the form of convertible warrants. Based on the above investment, the equity valuation of LAVASA gets reconfirmed at Rs 10,000 Crore. (Axis Bank Ltd, Bank of India and Allahabad Bank had also invested Rs 250 Crore, Rs 150 Crore and Rs 50 Crore respectively) at the same valuation.
My Rational
Friends, I am putting a buy call on HCC,… The company has strong overall fundamentals,,,Just Accumulate this Sleeping Gaint…HCC currently has a large order book which provides next few years earnings visibility. The infrastructure sector companies in India are expected to suffer because of the slowdown in the near term and HCC is no exception. But this might be one of the best times to accumulate in small quantities shares like HCC, which are sure to be multibaggers in the long run…
The Other factor we should not ignore is the Indo-US nuclear deal. It is also expected to benefit HCC in the long run. The company is already into Nuclear projects and this deal will help it bag more projects in the future.
HCC won the coveted Golden Peacock Award for Excellence in Corporate Governance for the year 2007
HCC has been executing some of the most exciting and challenging projectsin Indian history. The major engineering landmarks include the world’s longest barrage at Farakka in West Bengal, India’s first underground metro at Kolkata and the second one in New Delhi, the Mumbai-Pune Expressway – India’s first six-lane expressway, the unique double curvature arch dam at Idukki in Kerala and one of Asia’s largest breakwaters at Ennore Port in Tamil Nadu.
Huge Order Book
The order book of HCC has grown at a CAGR of 20 % since 2002 and currently stands at over Rs. 16000 crores in 2008-2009, which is much much higher then its previour years turn over.
HCC Order Book up 35% in Q3 2008-09
Major Orders:
January 2009
Hindustan Construction Company Ltd (HCC) has informed BSE that the Company has bagged the prestigious order for Package MC3 of 1200 MW Punatsangchhu-I Hydro Electric Project in Bhutan from Punatsangchhu-I Hydro Electric Project Authority. The value of the contract awarded is Rs 688.06 crore and the project will be completed in 66 months.
HCC - Halcrow Consortium comprising of Hindustan Construction Company Ltd (HCC) and Halcrow Group Ltd. U.K. (Halcrow) has bagged the prestigious and challenging 330 MW
HCC bags Rs 2726.49 cr Kishanganga hydel project in Jammu & Kashmir"
Kishanganga Hydro-Electric Project from the National Hydroelectric Power Corporation Ltd.
Hindustan Construction Company Ltd has a Press Release dated January 21, 2009 titled "Lavasa to host SpaceWorld, Asia's first space edutainment centre at Rs 400 crore investment"
HCC bags Rs 1415 crore BOT project of NHAI
Feb 2009
HCC awarded Rs 296.90 cr Kashang HEPP in Himachal Pradesh
Investment in Lavasa
Hindustan Construction Company Ltd has invested Rs 81.25 Crore in Lavasa Corporation Ltd (LAVASA), a subsidiary of the HCC (Hindustan Construction Company Ltd) in the form of convertible warrants. Based on the above investment, the equity valuation of LAVASA gets reconfirmed at Rs 10,000 Crore. (Axis Bank Ltd, Bank of India and Allahabad Bank had also invested Rs 250 Crore, Rs 150 Crore and Rs 50 Crore respectively) at the same valuation.
My Rational
Friends, I am putting a buy call on HCC,… The company has strong overall fundamentals,,,Just Accumulate this Sleeping Gaint…HCC currently has a large order book which provides next few years earnings visibility. The infrastructure sector companies in India are expected to suffer because of the slowdown in the near term and HCC is no exception. But this might be one of the best times to accumulate in small quantities shares like HCC, which are sure to be multibaggers in the long run…
The Other factor we should not ignore is the Indo-US nuclear deal. It is also expected to benefit HCC in the long run. The company is already into Nuclear projects and this deal will help it bag more projects in the future.
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