As of now fundamentally all the stocks except ITC can be considered value stocks. I'm taking contarian call on them. Thats how I usually make money. I just put them through a basic value stock screener which I use to filter stocks. I'm not looking forward to any growth per se, I'm looking for correction of the stocks to their true intrinsic values.
NOIDATOLL is a defensive stock IMO, It stands pretty steady in a falling market. Their loan is about to get over so they will show better profits in a few years. Dividend is reasonable @ 4.75% Over all its just a road and people pay to use it. How simple can it get? Financials are solid too. No doubt this is a good long term buy.
GUJRATGAS has seen a sharp correction from 300 levels and IMO it is unjustified. In "mota-mota" sense it is a good cos. Il comment more after extensive research. Good all round figures. IT HAS A SWEETHEART DIVIDEND!! IDC if i dont see much growth in this. With div. compounded it can be a good income generator. And right now might be a good price too buy it. And you just made the deal even better by telling me rangarajan thing. If that happens this could shoot through the roof as valuation will be too cheap to resist.
ITC only one word for this. ADDICTION. Cigs are addictive. And in india even kids can get hooked on it, cigs have amazing brand loyalty. Easily available, Cheap, Legal and Addictive. If you get this at a good valuation i.e. right now. You got yourself a pretty epic deal! (I know im immoral mwahahaha!)
NOIDATOLL is a defensive stock IMO, It stands pretty steady in a falling market. Their loan is about to get over so they will show better profits in a few years. Dividend is reasonable @ 4.75% Over all its just a road and people pay to use it. How simple can it get? Financials are solid too. No doubt this is a good long term buy.
GUJRATGAS has seen a sharp correction from 300 levels and IMO it is unjustified. In "mota-mota" sense it is a good cos. Il comment more after extensive research. Good all round figures. IT HAS A SWEETHEART DIVIDEND!! IDC if i dont see much growth in this. With div. compounded it can be a good income generator. And right now might be a good price too buy it. And you just made the deal even better by telling me rangarajan thing. If that happens this could shoot through the roof as valuation will be too cheap to resist.
ITC only one word for this. ADDICTION. Cigs are addictive. And in india even kids can get hooked on it, cigs have amazing brand loyalty. Easily available, Cheap, Legal and Addictive. If you get this at a good valuation i.e. right now. You got yourself a pretty epic deal! (I know im immoral mwahahaha!)
As I am not laboring for valuation as engaged in my personal trading badly but like to share something.First trace the reason why Gujarat Gas is falling for so long. Is any fundamental reason or something else. Because though we feel many time co. is good but as it fallen like anything as in primary bear trend. So something wrong in co. going on. Here is not question of growth or value. Because what happens with unitech, suzlon, hdil etc. See Reliance too.A co. called VLS finance which was very good company as per fundamentals in 2010 but it fallen like anything.So see also why co. is falling. Due to corporate governance issue, share lending, profitabilty, etc etc on what ground. Then see for value that is much better.:thumb: