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  #1  
Old 29th June 2006, 05:46 PM
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Default Unitech

Hello Gurus,

I read a magazine saying Unitech has a great returns and performance. I am tracking the values everyday and could find the scrip increase 5 % everyday. Can you tell me about this scrip.

Sorry you all know am very new so I dont know about this. It was going beyond 10,000. But suddenly it again has come to 150s... I just thought is it good time to get this ...

Suzi
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  #2  
Old 29th June 2006, 06:16 PM
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Default Re: Unitech

Quote:
Originally Posted by yeomanly
Hello Gurus,

I read a magazine saying Unitech has a great returns and performance. I am tracking the values everyday and could find the scrip increase 5 % everyday. Can you tell me about this scrip.

Sorry you all know am very new so I dont know about this. It was going beyond 10,000. But suddenly it again has come to 150s... I just thought is it good time to get this ...

Suzi
Poops...the stock has split..that's all

ganeshhity
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  #3  
Old 29th June 2006, 07:01 PM
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Default Re: Unitech

and beware of such scripts
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  #4  
Old 30th June 2006, 07:34 AM
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Default Re: Unitech

And also check the P/E Ratio . It is unsustainable .
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  #5  
Old 30th June 2006, 10:17 AM
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Default Re: Unitech

Am Sorry what do you mean by P/E Ratio.
You mean this scrip may go down any time ?

Suzi
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  #6  
Old 30th June 2006, 11:14 AM
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Default Re: Unitech

Quote:
Originally Posted by yeomanly
Am Sorry what do you mean by P/E Ratio.
You mean this scrip may go down any time ?

Suzi
some companies took undue advantage of recent real estate boom...Unitech is definitely one of them.....I do not want to comment on fundamentals of the company, but such a hype over a short period of time....Burp !!!!!!!!

Moreover, I hope you know the Newton's Law-----Anything that goes up has to come down...

trade well..

enjoy...

ganeshhity
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  #7  
Old 30th June 2006, 11:22 AM
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Default Re: Unitech

Quote:
Originally Posted by ganeshhity
some companies took undue advantage of recent real estate boom...Unitech is definitely one of them.....I do not want to comment on fundamentals of the company, but such a hype over a short period of time....Burp !!!!!!!!

Moreover, I hope you know the Newton's Law-----Anything that goes up has to come down...

trade well..

enjoy...

ganeshhity

Oh..
Can you tell which all company do like this.. Because as adviced I am going to be study the market and know the fundamentals for some time. I might atleast tell my friends

Suzi
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  #8  
Old 30th June 2006, 11:46 AM
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Default Re: Unitech

Quote:
Originally Posted by yeomanly
Am Sorry what do you mean by P/E Ratio.
You mean this scrip may go down any time ?

Suzi
Hi

P/E ratio means Price of the stock to its earning Ratio. It indicates how much money will be earned for every rupee. A High PE indicates low earning thereby denoting weakness.

Suppose CMP is 200 and earning per share(EPS) is 25 then 200/25=8 will be PE. If Earning is 10 then 20 will be PE. If CMP is 100 then PE will be 4.

Stocks tend to go towards low PE. But different sectors command different PE also different companies command different PE depending on its performance and outlook for growth.

As for Unitech, it is in infrastructure, roads dams real-estate , bridges constructions which is upcoming or hot sector.

It had a quarterly eps of 11 in third quarter of fy06. that makes it eps roughly 44. Now the stock has been divided into 10(split) and 12 bonus shares. So that makes it 130 shares for one(I hope calculation is right). so that makes PE of what=226/( 44/130)=668. Just a rough idea.Peer companies command sector PE of around 25-26

It means stock is badly overvalued or inflated. It doesn't mean its prices will fall. But this is something one should be wary of.

That is what vinsu wanted to comvey. please go through various threads to know about fundamental terms. There is a good article on PE ratio in the forum.

What I have given is just a rough sketch.

pankaj
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  #9  
Old 30th June 2006, 12:09 PM
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Default Re: Unitech

[quote=pkjha30]Hi

It had a quarterly eps of 11 in third quarter of fy06. that makes it eps roughly 44. Now the stock has been divided into 10(split) and 12 bonus shares. So that makes it 130 shares for one(I hope calculation is right). so that makes PE of what=226/( 44/130)=668. Just a rough idea.Peer companies command sector PE of around 25-26

Thanks Pankaj for the explanation

The stock has been divided into 5(split) and 12 bonus shares. So 65 shares for 1 share . Its EPS is 0.54 . SO at CMP of 226 , P/E is 418.81 .. Too high . Need to see how the stock does after the DLF IPO comes out .

Regards
Vinsu
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  #10  
Old 30th June 2006, 12:31 PM
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Default Re: Unitech

[quote=vinsu]
Quote:
Originally Posted by pkjha30
Hi

It had a quarterly eps of 11 in third quarter of fy06. that makes it eps roughly 44. Now the stock has been divided into 10(split) and 12 bonus shares. So that makes it 130 shares for one(I hope calculation is right). so that makes PE of what=226/( 44/130)=668. Just a rough idea.Peer companies command sector PE of around 25-26

Thanks Pankaj for the explanation

The stock has been divided into 5(split) and 12 bonus shares. So 65 shares for 1 share . Its EPS is 0.54 . SO at CMP of 226 , P/E is 418.81 .. Too high . Need to see how the stock does after the DLF IPO comes out .

Regards
Vinsu
Hi vinsu

thanks for correction. I don't even see this stock. Seems hyped up. Latest report available on bse is for 03fyo6 whcih gave eps 11. So for illustrating the point I gave that rough sketch.

Pankaj
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