1.INDO COUNT INDUSTRIES LTD CMP RS.76.35 ON 23-5-14.
( The stock made all time high of Rs.165.45 on BSE on 31.3.1992)
POSITIVES:- 1.Strong EPS NEGATIVES:-1.No dividend in last 5 years
2.Book Value Rs.76+ 2.Industry Commands low P/E
.
The company is in textile industry (Cotton/Blended)and has posted stupendous financial result for the year ended 2013-14 ,giving a standalone EPS of Rs.29.54 and consolidated EPS of Rs.30.96 ,at current price the stock is running at a P/E of 2.58 only,therefore I feel that the stock has potential to move up but kindly note that since the textile industry command a very low P/E so one should be circumspect before investing.The stop loss point for the stock would be below 51 .Technically stock looks good and if it starts moving up then the levels are 100 / 141 / 165.
2.VARDHMAN TEXTILE CMP RS.345.05 ON 23-5-14.
( The stock made all time high of Rs.425on NSE on 20.12.2013)
POSITIVES:- 1.Strong EPS NEGATIVES:- 1.Industry Commands low P/E
2.Book Value Rs.447+
. 3.Regular Dividend Paying Company
The company is in textile industry (Cotton/Blended)and has posted stupendous financial result for the year ended 2013-14 ,giving an EPS of Rs.102.45 ,at current price the stock is running at a P/E of 3.36 only,therefore I feel that the stock has potential to move up but kindly note that since the textile industry command a very low P/E so one should be circumspect before investing.The stop loss point for the stock would be below 320 .Technically the stock is not that good.and if it starts moving up then the levels are365 / 378 / 411 / 425 / 436 / 505.
REMARKS:-Fundamentals are very good but that is not reflected in the prices of the stocks, may be some day it will catch the fancy of the investors because you cannot stop the sun from shining .Only patient investor should invest but with strict indicated stop losses.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price of the stock moves up to gain maximum profit.
( The stock made all time high of Rs.165.45 on BSE on 31.3.1992)
POSITIVES:- 1.Strong EPS NEGATIVES:-1.No dividend in last 5 years
2.Book Value Rs.76+ 2.Industry Commands low P/E
.
The company is in textile industry (Cotton/Blended)and has posted stupendous financial result for the year ended 2013-14 ,giving a standalone EPS of Rs.29.54 and consolidated EPS of Rs.30.96 ,at current price the stock is running at a P/E of 2.58 only,therefore I feel that the stock has potential to move up but kindly note that since the textile industry command a very low P/E so one should be circumspect before investing.The stop loss point for the stock would be below 51 .Technically stock looks good and if it starts moving up then the levels are 100 / 141 / 165.
2.VARDHMAN TEXTILE CMP RS.345.05 ON 23-5-14.
( The stock made all time high of Rs.425on NSE on 20.12.2013)
POSITIVES:- 1.Strong EPS NEGATIVES:- 1.Industry Commands low P/E
2.Book Value Rs.447+
. 3.Regular Dividend Paying Company
The company is in textile industry (Cotton/Blended)and has posted stupendous financial result for the year ended 2013-14 ,giving an EPS of Rs.102.45 ,at current price the stock is running at a P/E of 3.36 only,therefore I feel that the stock has potential to move up but kindly note that since the textile industry command a very low P/E so one should be circumspect before investing.The stop loss point for the stock would be below 320 .Technically the stock is not that good.and if it starts moving up then the levels are365 / 378 / 411 / 425 / 436 / 505.
REMARKS:-Fundamentals are very good but that is not reflected in the prices of the stocks, may be some day it will catch the fancy of the investors because you cannot stop the sun from shining .Only patient investor should invest but with strict indicated stop losses.
Kindly note that make your cost your stop loss in favorable trade and then trail it as the price of the stock moves up to gain maximum profit.
Contact me for strategic guidance to enter and
exit the trade
No comments:
Post a Comment
Thank you for sharing your views.