Thursday, November 11, 2010

BS TRANSCOMM - BUY




It is true,there may be some price manipulation immediately after the listing of BS Transcomm for giving an exit opportunity to those who bail out the public issue. Even considering this factor, I strongly feels , there is some value in it at current market price of Rs.217/- .Company has posted a turnover of Rs.342 Cr in half year and a net profit of Rs.27 Cr . On the expanded equity, it is expected to complete the FY 11 with an EPS close to Rs.25/- .It is operating in an industry with good potential and an integrated company too .Current order book position of Rs.700 + Cr giving good visibility for its business going forward. Since its IPO just completed, most of the investors are aware about the company ,so not repeating much more . I am expecting an appreciation of 50% from current level in one year time frame. CMP is Rs.217/- which is almost 15% lower than the IPO price.

18 comments :

  1. hi value pick
    pls express ur views on neocorp international.
    is it wort buying

    ReplyDelete
  2. Hi Valuepick,

    What is your take on Bajaj Corp?
    Looks like trading cheap compared to any FMCG company in the mkt.
    Pls Advice.....

    Regards,
    Vikas Karunakaran

    ReplyDelete
  3. Hi ValuePick

    Can you comment on wether to invest in Srei Infra or not.

    ReplyDelete
  4. SHOULD I BUY SPICE MOBILITY AT CMP OF 141
    ?

    ReplyDelete
  5. hi value ji

    wld appreciate your views on duncans industries

    ReplyDelete
  6. Sir, But BSTranscomm has a huge debt, some history of delayed debt payments and promoters pledging of shares. These factors are not adding up nice. What is your take on these factors?
    Rgds

    ReplyDelete
  7. Dear Pranav

    Not tracking Neocorp,sorry..

    ReplyDelete
  8. Hi Vikas

    Bajaj corp is good for a real investor and not for people looking on trading screen in each second

    ReplyDelete
  9. My recommendation on Spice Mobile was @ Rs.40/- and not @ 140/- .Now it is only a HOLD for me

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  10. What you said is correct, they have taken debt for expansion ,but its benefits are just started to coming .Since there is cash flow ,I believe they can manage it going forward and debt equit ratio improved after IPo

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  11. Dear Valuespickji,
    i want to invest 20000 Rs. for 1 months for the highest returns , ready for high risks. Please suggest me the suitable scripts for the same.

    ReplyDelete
  12. Stock market is not a safe place to invest time bounded funds

    ReplyDelete
  13. Can i still buy kilpest & DFM Foods?

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  14. i really like your ideas ,sir. they are wekk thought out & researched

    ReplyDelete
  15. Hi Sir,
    What is the best price to average in this(BS Transcomm) stock?? My current average is at 200 levels.Please advice.
    Thanks,
    Vamsi

    ReplyDelete
  16. Dear Vamsi

    I still believes that there is nothing wrong with the business of the company. Since there was some erratic price movements immediately after the listing day ,investors are expecting some probe by authorities .This may be one reason for the under performance of BS

    ReplyDelete

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