Some Good Steals...

nn0023 · #**1661** 4th October 2005, 11:36 AM

I Have Received A Mssg.

BSE Code : 524109 Company Name : KABRA EXTRUS

Trading at around Rs 81, this stock discounts the last 12 months EPS of Rs 9.38 by less than 9 times.

Promoters hold around 59% of the small equity of Rs 7 crores.

An expected EPS of Rs 11 per share in next 1 year and expected PE multiple of 12 times, you can set a price target of Rs 132 for this counter.

AMITDA UR COMMENTS PL.

NANDAN

ssnkumar · #**1662** 4th October 2005, 11:51 AM

Quote:

Originally Posted by AMITBE

Hi Narendra...yes, it's dropping hard, isn't it..
From what you have written, your entry seems way lower from the close tonight at 92.25. There could possibly be some recovery ahead so keep a watch.
Supports are good at 86-88, and further below at 82-85.
Do update at some point tomorrow?
Regards.

Yes, I had bought it at 62.
Today again it fell and is settled at 87!
Daily it is hitting lower circuit!!
That's the reason I am worried

-Narendra

oldmirage · #**1663** 4th October 2005, 11:57 AM

Hi,
I am in for Genus Overseas Ele. at 121. it went upto 175 at a point.
right now dropped to 145 - 150.
Can you please give me target and trend on this?

Thanks in advance.

AMITBE · #**1664** 4th October 2005, 11:57 AM

Quote:

Originally Posted by nn0023

I Have Received A Mssg.
BSE Code : 524109 Company Name : KABRA EXTRUS
Trading at around Rs 81, this stock discounts the last 12 months EPS of Rs 9.38 by less than 9 times.
Promoters hold around 59% of the small equity of Rs 7 crores.
An expected EPS of Rs 11 per share in next 1 year and expected PE multiple of 12 times, you can set a price target of Rs 132 for this counter.

AMITDA UR COMMENTS PL. NANDAN

Hi Nandan...long time no see...been busy?
The company is Kabra Extrusion Technik, and I have no info on the fundamental side. You could check at NSE, and the good thing is it's also listed at NSE, where most of the drama did not happen in smallcaps recently.
There seems to be either a bonus or split in Jan last year. It dropped from 190 levels to 70.
Currently at 83 it is trading just below a long term resistance of 85. Keep a close watch, as past this it can spurt out to 95, where there is some congestion between 98-102-108-112.
Point to note, it runs on low liquidity...meaning low volume. The implications are, if you place a large order to buy or sell, that would disturb the asking/bid price. The advantage is, if in a trend, such a counter displays least volatility and keeps the trend firm.
Looks good to me on the data, Nandan. Just check the basics like financial results, announcements for bonuses/dividends, holding profile which is Mutual Funds, FIIs etc buying in the counter.
Cheers.

madhura · #**1665** 4th October 2005, 12:17 PM

HI amit,
thought to post u on Shriram Transport Finance which i had mentioned in earlier posts.
I has given breakout yesterday at 132 lvelm and now trading at 144.
May be it is continuing it's upward trend?

Madhura

AMITBE · #**1666** 4th October 2005, 12:34 PM

Quote:

Originally Posted by madhura

HI amit,
thought to post u on Shriram Transport Finance which i had mentioned in earlier posts.
I has given breakout yesterday at 132 lvelm and now trading at 144.
May be it is continuing it's upward trend? Madhura

Great going, Madhura!!
I do remember you pointing out this one, but can't recall what I had replied. Would you?
Yes a nice beakout with increased volume.
Happy holding!

madhura · #**1667** 4th October 2005, 12:37 PM

hi aMIT,
you had told me to post on same once it crosses 132 level..
Thanks
Madhura

AMITBE · #**1668** 4th October 2005, 12:49 PM

Quote:

Originally Posted by oldmirage

Hi,
I am in for Genus Overseas Ele. at 121. it went upto 175 at a point.
right now dropped to 145 - 150.
Can you please give me target and trend on this? Thanks in advance.

Hi oldmirage...yes it has taken a beating recently. At 141 off today, it's hanging on to very little. If it can climb above 142-143 tonight there may be some recovery. Else it can drop sharp...no support till 137 which may not stand.
Watch close and exit at signs of weakness to keep some profit. If it goes up, trail stop tightly.
All the best.

AMITBE · #**1669** 4th October 2005, 01:11 PM

Quote:

Originally Posted by ssnkumar

Yes, I had bought it at 62.
Today again it fell and is settled at 87!
Daily it is hitting lower circuit!!
That's the reason I am worried

-Narendra

Hi Narendra...sorry to hear that friend.
Yesterday I had written of supports at 86-88, and further below at 82-85.
You could pull out anytime now and come in later, or watch for these levels.
Hope it will pullback soon.
Good luck.

ssnkumar · #**1670** 4th October 2005, 01:27 PM

Quote:

Originally Posted by AMITBE

Hi Narendra...sorry to hear that friend.
Yesterday I had written of supports at 86-88, and further below at 82-85.
You could pull out anytime now and come in later, or watch for these levels.
Hope it will pullback soon.
Good luck.

Thanks Amit.
I have decided to sell it for now.
I will wait for sometime for it to settle and buy it again.

How is the prospects of ITC?
Is it OK to buy it now?

Thanks,
Narendra

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