Stocks To Keep A Close Eye On
- Thread starter SavantGarde
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JAI BALAJI INDUSTRIES: A GOOD LONG TERM BET
IMO, its worth buying at dips.. may be if it breaches 190 levels then 130-150 it will stabilize..and i feel it good entering there..
TECHNICAL VIEW: USING GANN GRID
FUNDAMENTAL REASONS AS TO WHY TO SELECT THIS STOCK
1)The company is going to be a 25000crs turnover company by 2014-15.It ended fy09-10 with a sales of around 1900crs.Well its actually hard to digest the humongous guidance given by the management but I have to go by Mr Aditya Jajodia"s word as he has got a habit of beating his own estimates.
2)The company stunned everyone by recently announcing a mega investment of 16000crs within the next few years.Aggressiveness at its height isnt it?Its market cap is a mere 1300crs but who dares,wins-Proverb should get vindicated.
3)Over the next few months expect the commissioning of power plant,coke oven plant,rolling mills,pallet plant and ductile pipes.The company is doing everything that it can to make itself a company to reckon.A big giant in the making.
4)Jai Balaji, at present is an integrated 1.2 million tpa steel manufacturer.It expects to add 2 million TPA in another 26 months (first phase) and another 5 million TPA in the following 24 months (5 million tonnes steel, 3 million tonnes cement and 1,215 MW power plant in Purulia, for Rs 16,000 crore).So Jai balaji is going to be a 8 million TPA company by 2014-15.At that time it should be the 4th or 5th largest integrated steel company of india.So folks are you going to opt for the next big thing?
Conclusion:Now the last point which should tempt anyone to have a pie of the company-It guided an EBITDA margin of 40% by the next 5-6 years.You can surely calculate 40% of rs 25000crs isnt it?Now do onething more,cut back 20% from the total 40% for taxes,interests,depriciation etc.
Its the most conservative estimate-So whats the figure coming like?Dont tell me 5000crs of profit-750rs EPS....or it so?Steel companies trades at an average PE of 6-18.Now make your own target based on the estimates.
Above all, the experts here, are requested to express their views, than sirf pressing thanks
Regards
Saivenkat
IMO, its worth buying at dips.. may be if it breaches 190 levels then 130-150 it will stabilize..and i feel it good entering there..
TECHNICAL VIEW: USING GANN GRID
FUNDAMENTAL REASONS AS TO WHY TO SELECT THIS STOCK
1)The company is going to be a 25000crs turnover company by 2014-15.It ended fy09-10 with a sales of around 1900crs.Well its actually hard to digest the humongous guidance given by the management but I have to go by Mr Aditya Jajodia"s word as he has got a habit of beating his own estimates.
2)The company stunned everyone by recently announcing a mega investment of 16000crs within the next few years.Aggressiveness at its height isnt it?Its market cap is a mere 1300crs but who dares,wins-Proverb should get vindicated.
3)Over the next few months expect the commissioning of power plant,coke oven plant,rolling mills,pallet plant and ductile pipes.The company is doing everything that it can to make itself a company to reckon.A big giant in the making.
4)Jai Balaji, at present is an integrated 1.2 million tpa steel manufacturer.It expects to add 2 million TPA in another 26 months (first phase) and another 5 million TPA in the following 24 months (5 million tonnes steel, 3 million tonnes cement and 1,215 MW power plant in Purulia, for Rs 16,000 crore).So Jai balaji is going to be a 8 million TPA company by 2014-15.At that time it should be the 4th or 5th largest integrated steel company of india.So folks are you going to opt for the next big thing?
Conclusion:Now the last point which should tempt anyone to have a pie of the company-It guided an EBITDA margin of 40% by the next 5-6 years.You can surely calculate 40% of rs 25000crs isnt it?Now do onething more,cut back 20% from the total 40% for taxes,interests,depriciation etc.
Its the most conservative estimate-So whats the figure coming like?Dont tell me 5000crs of profit-750rs EPS....or it so?Steel companies trades at an average PE of 6-18.Now make your own target based on the estimates.
Above all, the experts here, are requested to express their views, than sirf pressing thanks
Regards
Saivenkat
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